Natural Gas
BlackRock Fund Acquires Stake in Saudi-Bahrain Pipeline from Bapco Energies
A BlackRock-managed fund has bought a minority stake in a pipeline linking Saudi Arabia and Bahrain from Bahrain state oil firm Bapco Energies, the two firms said on Wednesday, as the small Gulf state tries to extract value from its energy assets.
Energean's Profit Rises on Israel Output Boost, Despite Market Challenges
Gas producer Energean reported higher first-half profit on Wednesday, helped by a rise in production due to strong summer demand in Israel, which accounts for more than 70% of total output.
UTulsa Facility Advances Hydrogen Blending Research for Natural Gas Pipelines
U.S. Sen. James Lankford recently toured the University of Tulsa's hydrogen blending research facility, where ongoing studies explore integrating hydrogen into natural gas pipelines to reduce carbon emissions.
Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
Williams' Transco has applied for a temporary emergency certificate from FERC to continue operating its new $1 billion natural gas project running through five mid-Atlantic states after the regulator's approval was vacated.
Enbridge Evacuates Gulf Platforms as Storm Francine Nears
Energy pipeline operator Enbridge has pulled employees from several offshore U.S. Gulf of Mexico platforms, the company told customers, as Tropical Storm Francine advanced toward a landfall in Louisiana.
TC Energy's $737 Million Indigenous Pipeline Deal Faces Delay
TC Energy's $737 million deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said on Tuesday.
Permian Basin to Gain 7.3 Bcf/d in Pipeline Capacity Amid Gas Glut
New pipeline projects in the Permian Basin will add 7.3 Bcf/d of gas capacity, addressing growing production and easing pressure on Waha Hub prices.
Hungary's MOL Reaches Deals for Oil Transport Via Druzhba Pipeline
Hungary's MOL said on Monday it had reached deals with suppliers and pipeline operators for the continuous transportation of crude oil through Belarus and Ukraine via the Druzhba pipeline.
Williams Gains Chatham Council's Backing for Major Transco Pipeline Expansion
Virgnia’s Chatham Town Council has thrown its support behind the Transco Southeast Supply Enhancement Project with a unanimous vote. The proposed project includes constructing nearly 55 miles of new pipeline across Virginia and North Carolina.
U.S. Oil Firms Evacuate Staff, Cut Drilling Ahead of Storm Francine
U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.
Let's Talk Shop: Developing Sectors for Large and Maxi Rig HDDS
Examine the growing application of large and maxi horizontal directional drills (HDDs) beyond traditional oil and gas projects, highlighting insights from industry experts on the evolving use of HDDs in sectors like carbon capture, renewable energy, and water infrastructure.
Pembina Pipeline to Acquire Alberta Midstream Assets from Veren in $295 Million Deal
Canada's Pembina Pipeline said it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc. for about $295 million, to strengthen its midstream operations.
Pipeline Incident in Missouri Triggers Natural Gas Leak, No Injuries Reported
A natural gas pipeline operated by Southern Star Central Gas Pipeline was struck by a construction crew in Missouri’s Cass County on Sept.6
Texas Regulators Reject Gas Plant Proposal from State Financing Program Over Due Diligence Failures
Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out natural gas-fired electricity generation, state documents show.
Azerbaijani President Confident on Ukraine Gas Route Talks
Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.
Colombia Truck Protests Disrupt Key Pipelines, Threaten Ecopetrol Operations
Protests by truckers in Colombia, who are angry at an increase in diesel prices, have cut off the country's biggest cities and are threatening fuel supplies, though the government insists the hike is fair.
EOG Resources to Increase Utica Shale Activity in Ohio
"The Utica absolutely has the opportunity to be a foundational play," COO Jeff Leitzell said. "If we continue to have the success that we expect to, you can expect us to go ahead now and put more capital there."
Texas Matterhorn Pipeline Begins Gas Flow, Could Boost Waha Prices, Permian Resources Says
The Matterhorn is the biggest gas pipe under construction that is capable of moving gas that has been trapped in the Permian basin, causing prices at the Waha Hub in West Texas to turn negative a record number of times this year.
Report: U.S. Oil, Gas M&A Nears 2023 High as Focus Shifts from Permian
Nearly $100 billion has been spent by U.S. producers on mergers and acquisitions so far this year, and another $46 billion in assets are currently for sale, according to analysts.
Crescent Energy Buys Eagle Ford Assets for $168 Million
Crescent Energy has announced the acquisition of assets from a private Eagle Ford operator for $168 million, the company announced on Sept. 4.
Williams Denies Report of Buyout Offer to Targa Resources
Williams Companies denied extending any offer to oil and gas transportation firm Targa Resources, after a report said the latter had rebuffed a takeover interest from the former.
Chesapeake Energy Continues Curtailing U.S. Gas Output Amid Low Prices, CEO Says
U.S. energy company Chesapeake Energy was still curtailing natural gas output, the company's CEO Nick Dell'Osso said at the Barclays CEO Energy-Power Conference on Wednesday.
Williams to Add 4.2 Bcf/d of Natural Gas Capacity by 2027
The new projects include the 1.8-Bcf/d Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in 2025, and the 1.6-Bcf/d Southeast Supply Enhancement, which could enter service by 2027.
Vista Energy to Invest $1.1 Billion in Argentina's Vaca Muerta Shale Expansion
In a push to unlock more of the oil riches buried in a massive shale deposit in Argentina, Vista Energy will invest about $1.1 billion this year as it also aims to cut costs there by double digits, the firm's CEO said.
How Artificial Intelligence Will Transform Pipeline Construction
Artificial Intelligence is all the rage. Nearly all of the discussion is how efficiently it can perform repetitive tasks, forecasting, etc. There are fears, as well, that AI will displace humans and their jobs.
Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66
(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.
New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries
New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.
U.S. LNG Exports Surge in August as Freeport LNG Output Recovers
Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.
Putin Arrives in Mongolia, a Key Link in Russia's Planned Gas Pipeline to China
The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
Dangote Refinery Starts Gasoline Processing, NNPC Set as Exclusive Buyer
The $20 billion refinery on the outskirts of Lagos, built by Nigerian billionaire Aliko Dangote, began operations in January with output of products including naphtha and jet fuel.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
