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Record U.S. LNG Exports, QatarEnergy's North Field Development, Diamondback Energy: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Tuesday, November 04, 2025
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
U.S. is First Country to Export 10 Million Tons of LNG in Single Month - The U.S. has become the first country to export 10 million metric tons of liquefied natural gas (LNG) in a single month, according to preliminary data from financial firm LSEG. The U.S. exported a record 10.1 million metric tons of the liquid fuel in October, up from a revised figure of 9.1 million tons in September, LSEG data showed. (Reuters)
QatarEnergy CEO: North Field Expansion to Start LNG Production in Second-Half 2026 - The chief executive officer of QatarEnergy (Doha, Qatar) told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026. "I'm still looking at somewhere in mid-2026, in the third, fourth quarter '26 maximum," Saad al-Kaabi said in an interview on the sidelines of the annual ADIPEC energy conference in Abu Dhabi, United Arab Emeriates. When at full production, the North Field expansion project is expected to produce 126 million metric tons of LNG per annum by 2027, boosting QatarEnergy's output by some 85% from its current 77 million tons per annum. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports. (Reuters)
CORPORATE
Diamondback Energy to Sell Unit's Assets for $670 Million - Diamondback Energy (Midland, Texas) said it would sell its subsidiary Viper Energy's non-Permian assets for $670 million to an affiliate of GRP Energy Capital (Dallas, Texas) and Warwick Capital Partners (London, England). The transaction is expected to close in the first quarter of 2026. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).Want More IIR News Intelligence?
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