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Infrastructure company WhiteWater and its joint venture partners Devon Energy, MPLX, Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas. The Permian Basin, the largest oil-producing region in the U.S., has seen steady growth in associated natural gas production in recent years, spurring investment in new pipeline infrastructure to move gas to key demand centers along the U.S. Gulf Coast. * The companies said the joint venture, known as the Solitude Pipeline System, is backed by substantial long-term firm transportation agreements with investment-grade shippers. * The pipeline system will be developed in phases, with initial capacity of about 2.25 billion cubic feet per day (Bcf/d) expected in late 2029, the companies said. * A second phase is due in 2030 and would add another 2.25 Bcf/d of capacity, bringing total capacity to about 4.5 Bcf/d, they added. * The companies said the system’s design would allow further capacity expansions to accommodate additional shipper demand. * WhiteWater owns 50% of the joint venture, while Devon Energy holds 25%, MPLX holds 10%, and Diamondback Energy and Western Midstream Partners each hold 7.5%. * Solitude is expected to enter service in the second half of 2029, subject to customary regulatory and other approvals. (Reporting by Varun Sahay in Bengaluru; Editing by Tasim Zahid)- oil and gas 360

WhiteWater-led venture approves Permian-to-Texas gas pipeline project

August 17, 2026

(BOE Report) – Infrastructure company WhiteWater and its joint venture partners Devon Energy, MPLX, Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas. The Permian Basin, the largest oil-producing region in the U.S., has seen steady growth in associated

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 36 Bcf

August 13, 2026

Natural Gas Inventories as of August 7, 2026 The EIA has released its natural gas inventory report, showing a net increase of 36 Bcf as of August 7, 2026. Working gas in storage was 3,153 Bcf as of Friday, August 7, 2026, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were

Weekly Gas Storage: Inventories increase by 33 Bcf

August 6, 2026

Natural Gas Inventories as of July 31, 2026 The EIA has released its natural gas inventory report, showing a net increase of 33 Bcf as of July 31, 2026. Working gas in storage was 3,117 Bcf as of Friday, July 31, 2026, according to EIA estimates. This represents a net increase of 33 Bcf from the previous week. Stocks were

Weekly Gas Storage: Inventories increase by 28 Bcf

July 31, 2026

Natural Gas Inventories as of July 24, 2026 The EIA has released its natural gas inventory report, showing a net increase of 28 Bcf as of July 24, 2026. Working gas in storage was 3,084 Bcf as of Friday, July 24, 2026, according to EIA estimates. This represents a net increase of 28 Bcf from the previous week. Stocks were

Baker Hughes flags lower spending by oil and gas producers in 2026

July 28, 2026

(BOE Report) – Baker Hughes said on Monday it expects annual global spending by oil and gas producers to decline modestly this year, with growth in Latin America, offshore Africa, and North America land offset by lower spending in Europe and the Middle East. The Middle East conflict has dominated energy markets this year, with repeated flare-ups in tensions between

Eni, TotalEnergies reach FID on Cyprus’ Cronos gas development

July 28, 2026

(World Oil) — Eni and TotalEnergies have reached a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, advancing the country’s first natural gas project and establishing a new LNG export route from the Eastern Mediterranean to European markets. Eni, which operates Block 6 with a 50% interest alongside TotalEnergies (50%), said the deepwater Cronos field contains more than 3 Tcf of

US natural gas prices fall 4% to 11-week low on record output

July 28, 2026

(BOE Report) – U.S. natural gas futures slid about 4% to an 11-week low on Monday on record output, lower flows to liquefied natural gas export plants, and ample amounts of gas in storage. Front-month gas futures for August delivery on the New York Mercantile Exchange fell 10.4 cents, or 3.6%, to settle at $2.767 per million British thermal units.

Expand Energy to beef up gas marketing business with $1.25 billion Twin Eagle deal

July 27, 2026

(BOE Report) – Expand Energy said on Monday it would buy privately held natural gas marketer Twin Eagle Holdings from Five Point Infrastructure for $1.25 billion to expand its marketing business across North America. With U.S. natural gas demand expected to grow, producers are increasingly expanding into marketing and logistics businesses to improve margins and gain greater control over how

Horizon Petroleum begins production testing at Lachowice gas field in Poland

July 23, 2026

(Oil & Gas 360) – Publisher’s Note: Horizon Petroleum will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-19, 2026. Register to attend. (World Oil) – Horizon Petroleum has advanced its Lachowice gas development in southern Poland after executing a drilling and services contract for the re-entry, recompletion and production testing of the Lachowice-7 (L7) well and securing final regulatory approval to begin field operations. The

Weekly Gas Storage: Inventories increase by 32 Bcf

July 23, 2026

Natural Gas Inventories as of July 17, 2026 The EIA has released its natural gas inventory report, showing a net increase of 32 Bcf as of July 17, 2026. Working gas in storage was 3,056 Bcf as of Friday, July 17, 2026, according to EIA estimates. This represents a net increase of 32 Bcf from the previous week. Stocks were

Capstone Energy+ to supply flare gas recovery system for Maurel & Prom’s Gabon field

July 22, 2026

(World Oil) – Capstone Energy+ has signed a 36-month lease agreement with Maurel & Prom to supply a C600 Signature Series microturbine for a flare gas recovery project at the operator’s onshore oilfield in Gabon. The project will recover associated gas that would otherwise be flared and convert it into on-site electricity for field operations. Commissioning is expected in November 2026. The microturbine will

ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE

July 21, 2026

(World Oil) – ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif Gas Cap development offshore Abu Dhabi, advancing a major natural gas project expected to deliver more than 600 MMscfd of natural gas and associated gas liquids by 2030. The project, located within the Umm Shaif and Nasr offshore concession, will be developed by ADNOC Offshore, which holds a

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