Natural Gas
Enagas: Algeria Regains Spot as Spain's Top Natural Gas Source
Enagas said 25%, or 8,545 GWh, of total gas deliveries to Spain in January of this year came from Algeria. Both countries are linked through the 757-kilometer (470-mile) submarine Medgaz pipeline.
Germany in Advanced Talks with Oman for Natural Gas Supplies
Germany and Oman are in advanced talks to sign a long-term deal for LNG lasting at least 10 years as Berlin continues its search for alternatives to Russian fuel supplies, three sources familiar with the matter said.
Pipeline Operator Enbridge Swings to Loss on $1.86 Billion Charge
North American pipeline operator Enbridge Inc. on Friday posted a quarterly loss from a year-ago profit as it took a non-cash $1.86 billion hit from the higher cost of capital related to its natural gas transmission business.
Indonesia Approves Revised Development Plan for Kasuri Gas Project
Indonesia has approved a revised development plan by Malaysia's Genting Oil & Gas for the first phase of its gas project in West Papua following changes in production estimates, the energy ministry said in a statement on Wednesday.
CEZ Seeking $45 Million in Damages from Gazprom for Gas Undersupply
Czech utility CEZ said on Thursday it had initiated international arbitration in Geneva against Russian gas company Gazprom seeking compensation for lower-than-contracted gas delivery last year.
Equinor Shares Spike as Gas Bonanza Lands Record Profit
Equinor posted a record $74.9 billion adjusted operating profit on Wednesday, more than doubling its previous high and sending the Norwegian oil and gas producer's shares up more than 7%.
Philippine Malampaya Gas Field Operator Seeks 15-Year Contract Extension
Prime Infra Holdings Inc., the new operator of the Philippines' Malampaya natural gas field, is seeking a 15-year extension of the project contract to be able to explore for additional supply around the reservoir, its chief executive said on Wednesday.
Indian Energy Company ONGC Videsh Eyes Oil, Gas 'Hot Spots' in Africa, Latin America
ONGC Videsh is looking for exploration and production investment opportunities in Africa and Latin America, such as in Ghana and Surinam. OVL currently has a stake in 32 oil and gas projects in 15 countries, spanning projects in various phases, including exploration, development, production and pipelines.
Cardinal Midstream Acquires 80 Miles of Natural Gas Pipelines in Delaware Basin
(P&GJ) — Cardinal Midstream Partners has entered a deal to acquire Medallion Midstream Services' natural gas assets in the Delaware Basin, which includes approximately 80 miles of high- and low-pressure natural gas gathering pipelines and a 140 MMcf/d natural gas processing facility.
Australia's Beach Energy Reaches Deal with Webuild on Waitsia Gas Project
Australia's Beach Energy Ltd. on Monday said it reached a deal with Italy's Webuild SpA to complete delivery of the $528.92 million Waitsia Stage 2 gas project, subject to approval from the project's contractor Clough Ltd., which was placed into administration in December.
Woodside, Partners to Pick Plan for Timor Sea Sunrise Gas Project Soon
Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor.
US Senators Manchin, Cruz Float Bill to Block Gas Stove Bans
Cruz, a Texas Republican, and Manchin, a West Virginia Democrat, teamed up to float the Gas Stove Protection and Freedom Act, a bill that would prevent the U.S. Consumer Product Safety Commission from banning gas stoves.
Pipeline Operator Enterprise It's Says Bullish on Permian Oil Output
U.S. energy pipeline operator Enterprise Products Partners was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and gas will rise.
Bulgaria Begins Construction on 106-Mile Gas Pipeline to Serbia
Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighboring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.
Peninsula Pipeline Receives Approval to Expand Natural Gas Infrastructure in Nassau County, Florida
(P&GJ) — Peninsula Pipeline Co. will construct new infrastructure in two phases. Phase one involves the construction of three new pipeline segments, which consist of steel pipe, new regulator stations and improvements, a new gas injection point and three new points of delivery. Phase two of the project involves the installation of two new steel pipeline segments.
ICE to Open London Gas Hub, Creating Route Around EU Price Cap
The Intercontinental Exchange plans to launch a "parallel market" in London for Title Transfer Facility gas trading next month, it said on Friday, providing a way for market participants to avoid the European Union's gas price cap.
Trinidad Offers to Pay for Venezuelan Gas with Humanitarian Supplies
Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro.
Pipeline Operator Kinder Morgan Sees Tax Credits Speeding Up Clean Energy Investments
U.S. funding for clean energy projects will help energy pipeline operator Kinder Morgan accelerate its investments in renewable natural gas and carbon sequestration, executives said on Wednesday.
Supply Chain Woes Loom Large for Oil, Gas Sectors
(P&GJ) — In the fall of 2022, the Chicago-based Association for Supply Chain Management (ASCM) joined with the respected global accounting and consulting firm KPMG International to create an index for measuring the sustainability of the global supply chain, accompanied by a report that included some sobering conclusions. It summarized the past two years as producing a doubling of the stress level on global supply deliveries.
Exxon Stops Routine Gas Flaring in The Permian, Wants Others to Follow
Exxon Mobil Corp. said it has stopped routine flaring of natural gas from production in the top U.S. shale basin and will press for stronger regulations for rivals to do the same, company officials said in an interview.
Russia, Uzbekistan in Talks to Reverse Gas Pipeline
Russia and Uzbekistan plan to look into the possibility of arranging Russian natural gas shipments to the Central Asian nation via a pipeline that is currently used to pump it in the other direction, the Tashkent government said on Wednesday.
Value of Routing Studies for New Natural Gas Pipelines
(P&GJ) — When natural gas pipeline owners announce their preferred route for a new pipeline, permitting bodies and other stakeholders inevitably ask, “Why here?” By conducting a methodical routing study that produces data-driven and experience-tested route alternatives, owners obtain supporting data and documentation they can use to formulate a response and help obtain buy-in.
Supply Chain Solutions for Natural Gas Leak Detection
(P&GJ) — Now more than ever, utilities, governments and pipeline companies are incentivized to secure their supplies of natural gas from production all the way to the meter. Leak detection and emissions reduction are critical components of an optimized natural gas distribution system.
APGA Perspective: Policymakers Need to Incentivize Natural Gas Innovations
(P&GJ) — Energy security, affordability and efficiency remain top-of-mind for American consumers. As such, the role of natural gas in our country’s future energy mix has sparked continuous debate among voters and policymakers.
Chesapeake Selling Eagle Ford Assets for $1.4 Billion; Focusing on Gas-rich Marcellus, Haynesville
U.S. oil and gas exploration and production company Chesapeake Energy Corp. said on Wednesday it had agreed to sell part of its operations in south Texas to private equity-owned WildFire Energy for $1.43 billion in cash.
Russian Gas Exports to Europe Plunge 22% in January - Reuters
Daily pipeline gas exports by Kremlin-controlled energy giant Gazprom to Europe fell 22% in the first half of January compared with December amid milder than usual weather, Reuters calculations show.
Gas Starts Flowing to Freeport LNG Export Plant in Texas
Freeport LNG's long-shut LNG export plant on the Texas Gulf Coast started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.
Pipeline Operator Kinder Morgan Beats Profit Estimates; CEO to Step Down
U.S. pipeline operator Kinder Morgan on Wednesday announced fourth-quarter earnings of $1.4 billion, topping analysts' estimates, and said long-time CEO Steve Kean will step down after eight years in the role.
Wintershall Dea to Leave Russia, Causing $8 Billion Loss at Parent BASF
Chemicals giant BASF on Tuesday unveiled a $7.9 billion non-cash impairment on Wintershall Dea, after the oil and gas exploration joint venture decided to exit Russia following its invasion of Ukraine.
Former Gazprom Unit Sefe Has Secured Regasification Capacity at Dunkirk
German gas importer Sefe has secured 3.5 Bcm of regasification capacity in Dunkirk and is closing in on new LNG import deals, its boss said, mapping out the former Gazprom division's future strategy.
- 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
