Natural Gas
EU Proposes Permanent Scheme for Joint Gas Purchases
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed, and officials told Reuters.
Shell, Trinidad Weigh Venezuela's Natural Gas Investment Demands
Shell and Trinidad and Tobago's National Gas Company (NGC) are close to agreeing to credit Venezuela's state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to the discussions said.
Israel, Cyprus and Greece Mull Energy Pacts to Tap Regional Gas
The leaders of Israel, Greece and Cyprus pledged to deepen their energy cooperation on Monday and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.
Aliso Canyon to Store More Gas to Prevent Winter Price Spikes
California's utilities regulator on Thursday raised the inventory level of Aliso Canyon natural gas storage to prevent price spikes seen last winter, while seeking to wean the state off the facility that in 2015 caused the biggest gas leak in U.S. history.
Gazprom Drives Over Half of China's Gas Import Surge, CEO Says
Alexei Miller, the chief executive of Russian gas giant Gazprom, said on Thursday that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
Canada's Altagas to Buy Natural Gas Assets from Tidewater for $480 Million
Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 million, the companies said on Thursday.
Argentina's Vaca Muerta Injects Record Gas as New Pipeline Boosts Capacity
Argentina's southern Neuquen province, home to the Vaca Muerta shale formation, has posted a record daily amount of gas injected into the country's pipeline system, topping 100 million cubic meters daily.
DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
(P&GJ) — DT Midstream Inc. has announced the successful early commissioning of its LEAP phase 1 expansion, increasing capacity from 1.0 Bcf/d to 1.3 Bcf/d, surpassing its planned Q4 2023 in-service date and staying within budget.
Williams to Complete US Natural Gas Pipelines by 2024
(P&GJ) — Iowa regulators consider permits for the 'largest' CO2 pipeline; Williams is on track to complete two gas pipeline projects by the end of 2024; Pinnacle Midstream has doubled its Midland basin processing capacity, and more!
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.
- 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
