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Natural Gas Lifts Kinder Morgan to 13% Revenue Growth, $9.3B Backlog

Rextag

(KMI) delivered a strong second-quarter performance, reporting a 24% increase in net profit as natural gas demand continues to drive growth across its pipeline and infrastructure business. billion, a 6% net increase, with new developments exceeding completed ones by nearly 2-to-1 in dollar terms. The company posted $4.04

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TotalEnergies to Form LNG Bunkering JV with CMA CGM

Rigzone

Image by Alexey_Lesik via iStock TotalEnergies SE and CMA CGM Group on Wednesday announced an agreement to form a 50-50 venture to supply liquefied natural gas (LNG) fuel at the Port of Rotterdam, the Netherlands. cubic feet) LNG bunker vessel by 2028. The creation of the joint venture needs regulatory approvals.

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Tullow Sells Kenyan Business to Gulf Energy

Rigzone

“The consideration will be split into a $40 million payment due on completion, $40 million payable at the earlier of field development plan approval or 30 June 2026, and $40 million payable over five years from the third quarter of 2028 onwards”, Tullow said. The sale is expected to be completed this year.

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CNX Resources Q2 2025: A Masterclass in Operational Efficiency

Oil Gas Leads

natural gas sector. A new partnership with Pennsylvania’s Department of Environmental Protection (DEP) will see continuous air monitoring at a Washington County well pad—the most comprehensive study of unconventional gas emissions in the country. With NYMEX gas at $3.59/MMBtu, With NYMEX gas at $3.59/MMBtu,

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Germany's SEFE Strikes 10-Year Deal for Gas From Azerbaijan

Rigzone

The region increasingly depends on global flows after losing most of its Russian pipeline gas in 2022. With Norwegian production operating pretty much at full capacity, Europe still needs to secure supplies as it awaits the startup of additional liquefied natural gas export facilities in the US. conference in London Tuesday.

Gas
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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

Gas
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Kinder Morgan Sees Increase in Profit on Higher Volumes

Rigzone

on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. Kinder Morgan’s natural gas pipelines carried 44.59 billion to $1.97