Natural Gas
Australia's Kinetiko Energy in Talks with Sasol on Gas Supply Deal
Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol on a possible supply agreement, Kinetiko’s chief executive said on Monday.
ProFrac Secures Legal Win in Halliburton Patent Battle Over Electric Fracking Tech
Halliburton failed to convince a U.S. federal jury on Thursday that a unit of rival oilfield services company ProFrac infringed its electric-fracking patents. E-frac uses electricity from natural gas or power grids to drive pumps instead of diesel fuel.
Equitrans Provides Root Analysis for 2022 Gas Leak at Pennsylvania Storage Facility
(P&GJ) — Equitrans Midstream Corp. has submitted information to the Pipeline and Hazardous Materials Safety Administration (PHMSA) regarding the root cause investigation and analysis related to the Rager Mountain Storage facility incident that occurred in November 2022.
Argentina Launches Tender for Vaca Muerta Pipeline Work to Move Local Gas Supply
Argentina has launched a tender for new works to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta shale production to the north of the country, a spokesperson for state-owned energy company ENARSA said on Friday.
EIA: Natural Gas-Fired Power Rises in Florida’s Electricity Generation Mix
The agency noted that these new power plants have gained access to low-priced fuel due to the expansion of the Southeast U.S. pipeline network and the increased production of natural gas across the country.
EU to Open Third Round of Joint Gas Buying in September
The European Union will open its third round of joint gas buying next month, as the bloc moves to secure supplies in preparation for another winter with scarce Russian gas.
Tropical Storm Harold Reduces Gas Flows at Cheniere's Corpus Christi LNG Export Plant
The amount of natural gas flowing to U.S. energy company Cheniere Energy's Corpus Christi LNG export plant in Texas was on track to decline on Wednesday, a day after Tropical Storm Harold hit South Texas.
Clearfork Midstream Expands Haynesville Gas System, Adds New Pipelines Across Louisiana and Texas
(P&GJ) — These expansions represent a system-wide capacity increase of approximately 65% since Clearfork’s acquisition of the assets in February 2022. In addition, the company has expanded its North Louisiana gathering footprint to the east and west, and is in construction on new gathering pipe further west into Panola County, Texas.
Hungary's MVM to Buy Gas from Turkey's BOTAS in 'Groundbreaking' Deal
Hungarian energy conglomerate MVM has agreed to buy about 300 million cubic meters of natural gas from Turkish energy company BOTAS.
Bakken Success Boosts Need for Gas Capture Innovations
(P&GJ) — While one of North Dakota’s top energy officials, Justin Kringstad, readily leads the cheers for his state’s success with industry in curbing the economic and environmentally harmful practice of flaring associated gas at well sites.
Kinder Morgan's Tennessee Gas Pipeline Issues Force Majeure Amidst Fire Incident
Kinder Morgan unit Tennessee Gas Pipeline on Friday declared force majeure due to an explosion and fire caused by equipment failure at a compressor station near Centerville in Hickman County.
FTC Approves EQT's Deal to Buy THQ Appalachia
EQT Corp., the biggest U.S. natural gas producer, has received the U.S. Federal Trade Commission's approval to buy THQ Appalachia and associated infrastructure. The proposed deal is valued at $5.2 billion.
U.S. Natural Gas Futures Pare Gains After Expected Storage Build
U.S. natural gas futures pared gains after a federal report was largely in line with expectations of a smaller-than-usual storage build last week as hot weather kept cooling demand high.
Venezuela’s PDVSA Fails to Curb Oil Leaks, Gas Flaring Despite Pledges
Venezuelan state oil company PDVSA has failed to make any dent in its oil spill or gas flaring woes, despite nascent promises of environmental clean-up by President Nicolas Maduro's government, according to people within the company, industry sources and an internal company document seen by Reuters.
Portgas Preparing to Automate Gas Mix, New Pipeline Technologies
(P&GJ) — REN Portgás, one of Portugal’s leading natural gas distributors, upgraded to DNV’s Synergi Gas Automated Model Builder to boost quicker and better-informed decision-making as they prepare for the new energy mix.
Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
The $7.1 billion deal will see Energy Transfer add about 2 billion cubic feet per day (Bcf/d) of gas-gathering capacity, 1.4 Bcf/d of gas-processing capacity and 340,000 barrels per day (bpd) of crude-gathering capacity.
Suncor Energy's Quarterly Profit Halves on Lower Oil and Gas Prices
Canada's Suncor Energy has joined its global peers in reporting a sharp drop in quarterly profit, as oil and gas prices retreated from last year's peak. Suncor also took a $204 million restructuring charge during the second quarter related to its plans to cut 1,500 jobs this year to reduce costs.
EIA: U.S. Natural Gas Pipeline Exports to Mexico Set a Monthly High in June 2023
(P&GJ) — U.S. natural gas pipeline exports to Mexico averaged a record 6.8 billion cubic feet per day (Bcf/d) for June 2023, which is 0.1 Bcf/d greater than the previous record set in June 2021, according to data from Wood Mackenzie.
Canada Reaches Out to Indigenous Groups About Trans Mountain Stake Sale
The Canadian government has reached out to Indigenous groups about potentially selling them a stake in the Trans Mountain pipeline expansion project, edging ahead on its long-promised involvement of local communities in the controversial project, the finance minister's office said on Wednesday.
Montana Judge Rules State Policies Must Consider Climate Change in Fossil Fuel Projects
Montana is violating the rights of young people with policies that prohibit the state from considering climate change effects when it reviews coal mining, natural gas extraction and other fossil fuel projects, a state judge said Monday.
Natural Gas Producer Chesapeake to Complete Eagle Ford Basin Exit with Silverbow Deal
Chesapeake said last year it viewed the Eagle Ford acreage as no longer core to its strategy and would focus on the gas-rich Marcellus and Haynesville shale formations.
Permian Operators Look to Carry the Load
(P&GJ) — Midstream projects in the region continue more-or-less undeterred with more than 8 Bcf/d of pipeline capacity planned or under construction from the Permian and Haynesville basins as operators lock in on expanding LNG export markets on the Texas and Louisiana Gulf Coasts.
US Appeals Court Rejects Challenge to Mountain Valley Pipeline
A U.S. appeals court on Friday rejected a challenge to federal approvals for the Mountain Valley Pipeline, in a decision that likely ends legal fights over the construction of the $6.6 billion natural gas project led by Equitrans Midstream.
Haynesville Riding LNG Wave to Gulf Coast
(P&GJ) — With the primary driver of U.S. natural gas demand growth continuing to be LNG exports, the bottlenecked pipeline takeaway capacity in the gas-rich Marcellus Shale has left the Haynesville shale, along with the Permian Basin, as the two regions with the most consistent midstream growth.
Argentina's Neuquen Hits Oil Export Record with Vaca Muerta Boost
In June, Neuquen, Argentina, exported a record 2.77 million barrels of oil, fueled by higher Vaca Muerta formation production. With a newly active pipeline linking Neuquen to Buenos Aires since early July, the region is poised for increased natural gas transport.
Italy's Saipem Wins Two Contracts with Eni, BP Worth $700 Million
Italian energy services group Saipem on Thursday said it was awarded two new contracts by Eni's Eni Congo and BP, worth a total of around $700 million.
Top US Shale Firms Slightly Raise Oil Output, Struggle for Significant Growth
Favoring earnings over higher production has helped U.S. companies deliver strong profits with modest volume increases. The OPEC producer group's cuts have helped keep prices above $70 a barrel for most of the year.
Vision RNG, Meridian Waste Launch Landfill Gas to Renewable Natural Gas Project in Missouri
(P&GJ) — Vision RNG has announced that its Landfill Gas to Renewable Natural Gas (RNG) project at Meridian Waste’s Eagle Ridge Landfill in Bowling Green, Missouri is now fully operational.
Dana Gas Receives $80 Million from Iraq's Kurdistan Region
United Arab Emirates energy firm Dana Gas said on Wednesday it had received $80 million from the Kurdistan Regional Government (KRG) in Iraq, which for over a decade has sometimes struggled to make payments on time.
ADNOC Gas Awards $3.6 Billion Contract to Expand UAE Gas Processing
State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said on Wednesday it awarded a $3.6 billion contract to expand its gas processing infrastructure in the United Arab Emirates.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
