Industry News
Venture Global Adds 0.5 MTPA China Gas SPA, Bringing 20-Year LNG Offtake to 2.5 MTPA
Venture Global and China Gas have executed a new 20-year sales and purchase agreement for 0.5 million tonnes per annum of U.S. LNG beginning in 2030, increasing their combined long-term contracted volume to 2.5 MTPA. Published by Allstream Insiders Allstream Insiders...
Glenfarne Group Promotes Oliver Wood to Global Head of Projects
Engineering and Construction Veteran to Guide Project Execution Across Glenfarne’s North American LNG Portfolio HOUSTON (September 13, 2026): Glenfarne Group, LLC, a global developer, owner, and operator of energy infrastructure, today announced the promotion of...
Constellation to Acquire 609-MW Rhode Island State Energy Center From Shell for $715 Million
Constellation agreed to acquire the operating 609-MW Rhode Island State Energy Center from a Shell subsidiary for $715 million, subject to regulatory approvals and other closing conditions. Published by Allstream Insiders Allstream Insiders Summary Constellation has...
Albemarle Lowers 2026 Capital Forecast to Approximately $500 Million, Says Safety and Critical Maintenance Spending Will Continue
Albemarle reported $170.4 million of capital expenditures during the first half of 2026 and now expects full-year spending of approximately $500 million while continuing safety and critical maintenance expenditures. Published by Allstream Insiders Allstream Insiders...
Eastman Advances Kingsport Methanolysis Ramp as Companywide 2026 Capital Spending Is Expected Near $400 Million
Eastman says the Tennessee molecular-recycling facility is continuing its commercial ramp, while the company's approximately $400 million 2026 capital plan remains focused primarily on maintenance and limited strategic growth investment. Published by Allstream...
CITGO Advances $310 Million Lake Charles Refinery Depentanizer Project, Targets 2029 Operations
Get a NEW AI Optimized Website with Allstream Energy Partners, leaders in GEO and AEO for Oil and Gas The refinery investment will add facilities and equipment to upgrade naphtha streams into gasoline blend components, with operations expected in 2029. Published by...
ONE Nuclear Signs Binding Site-Control LOI for 2.88-GW Project Cayman Gas Plant and 700-MW BESS in Louisiana
The proposed Louisiana development combines a 2.88-GW natural gas plant, a 700-MW/2.88-GWh battery system and a co-located data center campus, but ONE Nuclear has not announced a construction decision, budget or operating date. Published by Allstream Insiders...
Kanin Energy & Tallgrass Starts Ohio Waste-Heat Power Project Under 15-Year University of Dayton Agreement
Allstream Insiders Summary A Tallgrass waste-heat-to-power facility is now supplying electricity for the University of Dayton under a 15-year power purchase agreement involving the university, AES Ohio and Tallgrass. Kanin Energy served as Tallgrass' development...
BREAKING: ONEOK to Acquire Brazos Midstream’s Midland Basin Assets for $4.425 Billion
Allstream Insiders Summary ONEOK has signed a definitive agreement to acquire Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash. The transaction has not closed. ONEOK currently expects to complete the...
Kanin Energy Develops 7-MW Waste-Heat Power Project at Phillips 66 Colorado Gas Plant
Allstream Insiders Summary Kanin Energy is developing a 7-megawatt waste-heat-to-power facility at Phillips 66’s Mewbourn natural gas processing complex in Platteville, Colorado. The system is designed to capture exhaust heat from the plant’s gas compression turbines...