Natural Gas
Texas Regulator Assesses Over $1 Million in Fines for Oil, Gas Operators
(P&GJ) — The Railroad Commission of Texas assessed $1,063,647 in fines involving 342 enforcement dockets against operators and businesses at the Commissioners’ Conference on Nov. 15.
Russian Pipelines Facing Significant Pressure from Tightening Sanctions
(P&GJ) — The Russian pipelines’ sector is experiencing serious pressure amid ever tightening sanctions and the ever-growing isolation of the country in the international arena. Historically, pipelines have been a strategic asset in Russia, with the largest volume of cargo coming in the form of crude oil and natural gas.
Biden Wants to Count Emissions Downstream of Pipeline Projects
(P&GJ) — The Biden administration announced its latest effort to throw a wrench in pipeline construction. The Biden Council on Environmental Quality (CEQ) wants to roll back Trump administration pro-pipeline changes to the National Environmental Policy Act (NEPA).
Editor’s Notebook: It Could Have Been Worse, Revisited
(P&GJ) — With its approval of the Willow Project on the North Slope Alaska early this year, along with its continued of drilling permits on federal lands, the Biden administration has begun to show at least some desire to play ball where oil projects are involved, much to the chagrin of the anti-fossil fuel forces.
North Dakota Natural Gas Output Hits Record High in September, Flaring Edges Up
Natural gas production in North Dakota rose to a record 3.440 billion cubic feet per day (Bcf/d) in September from an all-time high of 3.313 Bcf/d hit in August, while gas flaring also edged up.
Serbia Signs Gas Supply Deal with Azerbaijan
Serbia signed a deal with Azerbaijan to purchase 400 million cubic meters of natural gas per year from 2024, Azerbaijan's energy ministry said on Tuesday.
Aussie Court Halts Santos' Barossa Pipeline Near Tiwi Islands
Santos was told by a court on Wednesday to halt its pipeline project around 70 kilometers (43 miles) north of the Tiwi Islands pending a final ruling, although it was allowed to begin laying gas pipelines for a section of its $3.6 billion Barossa gas project.
M6 System Expansion Nears Completion, Set to Enhance Gulf Coast Connectivity
(P&GJ) — A critical aspect of the M6 system expansion is the completion of the New Generation Gas Gathering (NG3) project, expected in 2024. This project will add approximately 275 miles of natural gas gathering pipelines and 2.2 Bcf/day of capacity to premium Gulf Coast and LNG markets, playing a pivotal role in serving the Gulf Coast market.
TotalEnergies CEO Predicts Continued Gas Market Volatility Until New Supply Emerges
The CEO of French energy giant TotalEnergies said on Tuesday that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Chevron Resumes Natural Gas Supply from Israel's Tamar Offshore Field
Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.
US Needs More Pipeline Capacity for Reliable Gas Supply, INGAA Says
The U.S. needs more natural gas pipeline capacity to maintain reliable gas supply during extreme cold weather, a trade group representing pipeline companies said on Monday in support of regulators who last week urged sought new rules to prevent a repetition of last winter's power outages.
Mach Natural Resources to Buy Anadarko Basin Assets for $815 Million
Mach Natural Resources said on Monday said it will buy certain oil and gas assets in the Anadarko Basin in Oklahoma from privately-held Paloma Partners for $815 million in cash.
INGAA Responds to Winter Storm Elliott Report, Emphasizes Need for Enhanced Infrastructure
(P&GJ) — The recently released Winter Storm Elliott Report sheds light on the proactive measures taken by members of the Interstate Natural Gas Association of America (INGAA) to uphold system integrity during the severe weather event.
Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident
(P&GJ) — Clearwater Paper Corp. temporarily halted some operations at its Lewiston, Idaho, facility on Nov. 9 due to an incident affecting the regional natural gas system, causing disruptions to gas deliveries in the mill and surrounding areas.
Mountain Valley Pipeline Sues Protesters Hindering $7.2 Billion Construction Project
The developer of the Mountain Valley Pipeline has sued two protesters it says blocked construction on the $7.2 billion natural gas project, seeking compensation and orders barring them from interfering in the future.
Uganda, Tanzania to Do Feasibility Study on Gas Pipeline
Uganda and Tanzania have agreed to carry out a feasibility study for a pipeline linking Tanzania's gas fields to Uganda, their energy ministers said on Friday, as the East African neighbors seek to progress a plan first announced in 2016.
Snam Explores Acquisition of Edison's Gas Storage, Eyes Bigger Stake in Adriatic LNG
Snam plans to file an offer to buy Edison's gas storage business and is also considering increasing its stake in Adriatic LNG, Italy's biggest LNG terminal, the group's CEO said on Thursday.
Maurel & Prom Signs Pact to Expand Venezuela Oil, Gas Development
Venezuelan state oil firm PDVSA and French energy company Maurel & Prom have signed an agreement aimed at expanding operations and increasing crude and gas output at their joint venture in Venezuela's western region, the companies said.
EOG Resources Beats Quarterly Profit Estimates on Strong Production
U.S. shale oil producer EOG Resources on Thursday soared past Wall Street estimates for third-quarter profit and raised its annual production forecast amid resilient fuel demand.
Diamondback Energy Aims to Be a Buyer in U.S. Shale Consolidation
Diamondback Energy on Monday said it expects to be a buyer of rivals, rather than their target, amid consolidation in the shale industry, and raised its full-year oil production forecast.
Paradigm Shifts in Natural Gas Measurement, Maintenance
(P&GJ) — What drives paradigm shifts? Are paradigm shifts in industry the result of changes in behavior which lead to technology innovation, or does technology innovation precede paradigm shifts in behavior? This existential “what came first, the chicken or the egg” question may not have a universal answer, but in mature, risk averse, and regulated industries, the answer is almost universally the latter.
Increasing Gas Pipeline Capacity Using Nanocomposites
(P&GJ) — Even as the world needs energy desperately — particularly natural gas — takeaway capacity has been proved insufficient in several natural gas fields in the United States.
Enbridge Expands RNG Footprint with $1.2 Billion Purchase of Seven US Facilities
(P&GJ) — Enbridge has taken another significant step in the business of manufacturing and transporting renewable natural gas (RNG) — by announcing the purchase of seven operating U.S. landfill gas-to-RNG facilities from RNG developer Morrow Renewables.
EIA: US Natural Gas Output and Demand to Hit Record Highs in 2023
U.S. natural gas production and demand will rise to record highs in 2023, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday.
Mexico's Pemex, New Fortress Energy Scrap Deepwater Gas Project, Sources Say
Mexican state energy company Pemex and U.S. LNG company New Fortress Energy have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said.
Talos Working on Engineering Design for Zama Oil, Gas Project in Mexico
Talos Energy is making a final review of the engineering design and working to secure financing for the Zama project, a Mexican oil and gas project in the Gulf of Mexico, before making a final investment decision (FID), the company's CEO said on Tuesday.
Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
(P&GJ) — Kinder Morgan Inc. has agreed to acquire NextEra Energy Partner's South Texas assets, STX Midstream, for $1.815 billion. The STX Midstream pipeline system, which spans 462 miles, boasts a substantial transport capacity of 4.9 billion cubic feet per day.
Investors Dump Crude Oil and Distillates as Middle East Risk Recedes
Investors dumped crude oil futures and options for the second week running as the economic outlook worsened and the risk of a wider conflict in the Middle East appeared contained.
Cyprus Responds to Chevron's Request for Aphrodite Gas Field Development Extension
Cyprus has responded to a request from international energy companies led by Chevron for an extension in talks over a modified development plan for its Aphrodite offshore gas field, its energy minister said on Monday.
Plains All American Raises Profit View on Higher Pipeline Volumes, Deals
Plains All American Pipeline on Friday raised its full-year profit forecast after posting better-than-expected third-quarter earnings, as the pipelines and storage company moved higher volumes of crude and natural gas liquids.
- 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
