Natural Gas
Aphrodite Gas Field Off Cyprus to Be Linked to Egypt, NewMed Says
The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the project said on Wednesday.
Europe's Biggest Gas Supplier Says All Clear from Pipeline Security Checks
Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.
Mexico Energy Regulator Gives Natural Gas 'Clean' Label, Drawing Criticism
A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.
FERC Approves TC Energy's US-Mexico North Baja Natural Gas Pipeline Expansion
Canadian pipeline operator TC Energy Corp.'s North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.
As Gas Reserves Wane, Philippines Faces Rising Costs in Switch to LNG
With just four years before the Philippines' only gas field is set to run dry, the country has started importing LNG, creating a fresh headache for a government struggling to curb high inflation.
Venezuela, Trinidad to Meet Again in June to Discuss Dragon Gas Project
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter.
Biden, McCarthy Debt Deal Could Speed Up Mountain Valley Gas Pipeline Project
Streamlined federal approval for the 303-mile (488-km) project was placed into the text of the budget deal between U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy that may end the debt limit crisis.
Pipeline Operator TC Energy Seeks US Approval to Put US-Mexico Gas Pipeline in Service
Canadian pipeline operator TC Energy Corp.'s North Baja Pipeline LLC unit asked U.S. energy regulators on Thursday for permission to put parts of the North Baja natural gas pipeline expansion in Arizona and California into service.
CorEnergy to Sell MoGas, Omega Pipeline Systems to Spire for $175 Million
(P&GJ) — CorEnergy Infrastructure Trust, Inc. has entered a deal to sell its MoGas and Omega pipeline systems to Spire Inc. for approximately $175 million in cash, the company said on May 25. The MoGas System is an interstate natural gas transmission and distribution system providing service to markets in Missouri and Illinois.
Air Products Signs $1 Billion Deal for Gas Processing Facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said on Thursday it had signed a $1 billion deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Iraq Oil Minister: Saudi Aramco to Develop 400 MMcf/d Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said on Thursday.
Canada Natural Gas Exports to US Back at Levels Seen Before Alberta Wildfires
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western provinces over the past three weeks forced producers to shut oil and gas wells and cut the amount of fuel flowing in pipelines.
Oil Rises as US Gasoline Supplies Tighten, Saudi Says: 'Watch Out'
Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ output cuts.
Higher LNG Exports to Drive Up US Natural Gas Prices, EIA Projects
Increasing exports of U.S. LNG through 2050 will raise domestic prices for natural gas, the Energy Information Administration (EIA) said on Wednesday.
US Offers Oil, Gas Drilling Rights in First Auction Since Biden's IRA
Biden's Interior Department had attempted to suspend federal oil and gas leasing to study its environmental and climate impacts, but the Inflation Reduction Act that passed last year requires some oil and gas auctions if federal rights of way are offered for renewable energy projects.
US Permian Natural Gas Flaring Could Rise in 2024, Report Shows
Natural gas flaring in the top U.S. shale basin is poised to increase next year, a report released on Tuesday projected, as the region's output exceeds available pipeline capacity.
Comet Ridge, Jemena Ink Deal for Mahalo North Gas Pipeline
(P&GJ) — Under the deal, Jemena will immediately undertake a pre-FEED study of a Jemena-owned and operated high-pressure gas transmission pipeline of approximately 73 km (45 miles) from the Mahalo North Gas Project to Jemena’s Queensland Gas Pipeline (QGP).
Finland's Gasum Terminates Gazprom Pipeline Gas Contract
Gasum has terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia. Gazprom ceased pipeline-based natural gas deliveries to Gasum in May 2022 in a dispute over payments, and the two sides had been in talks to resolve the matter.
Australia's Beach Energy Shares Tumble on Waitsia Gas Project Delay
Shares of Beach Energy Ltd. fell nearly 8% on Thursday after the Australian oil and gas explorer said it was no longer prudent to maintain capital expenditure and timing estimates for its $520.93 million Waitsia Stage 2 gas project.
Woodside Open to Talks with Chinese Firms for Scarborough Gas Project
Woodside Energy Group said on Tuesday it is open to talks with Chinese firms to invest in its $12 billion Scarborough LNG project in Australia.
NextEra Partners to Sell Texas, Pennsylvania Gas Pipeline Assets in Renewables Shift
(P&GJ) — Capitalizing on the affordability and demand for significant investments in decarbonizing the U.S. economy, NextEra Energy Partners LP is refocusing on renewable energy. As part of this strategy, the business intends to sell its STX Midstream in the Eagle Ford shale play and Pennsylvania’s Meade natural gas pipeline assets, positioning itself as a fully renewables-based company.
Regional Spotlight: US Consolidates, Expands Ahead of LNG Export Demand
(P&GJ) — U.S. midstream companies would be hard-pressed this year to approach the record earnings that many achieved in 2022, but the sharp decline in oil and natural gas prices from last year’s highs hasn’t blunted their expansion efforts.
Alaska LNG Project Clears Legal Challenge, Advances 800-Mile Gas Pipeline
A U.S. appeals court has rejected a lawsuit filed by environmental groups that challenged the federal approvals required for a $39 billion project aimed at transporting natural gas across Alaska, starting from the North Slope. According to a spokesperson, construction on the 800-mile pipeline and related infrastructure has not yet commenced.
Fire Breaks Out During Repair of Siberian Gas Pipeline, One Dead
A fire broke out during repair works at the Yamburg-Yelets 1 gas pipeline in western Siberia and one person was killed, a unit of Russia's Gazprom said on Tuesday.
An Operator’s Perspective: How to Comply with New US Gas Gathering, ILI Regulations
(P&GJ) —Traditionally, most gas gathering lines were small-diameter, low-pressure systems traversing sparsely populated areas, posing little risk from a business, safety, and environmental perspective. More recently, the volume of gas transported through gathering systems has increased significantly due to the advancements in horizontal drilling and hydraulic fracturing techniques.
Marcellus Bottlenecks Continue to Muddy the Picture
(P&GJ) — It has gotten to be a familiar yet no less frustrating story for midstream operators in the Marcellus-Utica region: pipeline takeaway capacity remains bottlenecked and production from the gas-rich region continues to stagnate.
Biden Administration Clears Mountain Valley Pipeline for Progress Through Jefferson National Forest
(P&GJ) — The Department of Agriculture's Forest Service issued a record of decision Monday afternoon, allowing the Mountain Valley Pipeline project to cut through a 3.5-mile stretch of the Jefferson National Forest along the West Virginia-Virginia border. The determination clears the way for the project — which is 94% complete but has been mired in a lengthy permitting process for years — to finish construction.
Cheniere Inks 19-Year LNG Supply Deal with Korea Southern Power
(P&GJ) — Under the agreement, Korea Southern Power has agreed to purchase approximately 0.4 MTPA of LNG from Cheniere on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024.
Spotlight on Argentina: Projects to Strengthen Gas Service in Northern Region
(P&GJ) — The government of Argentina decided to accelerate the reversal works of the Northern Gas Pipeline, which will guarantee supply to the entire north of Argentina, as well as allowing for exportation to Chile from the Vaca Muerta.
EU Joint Gas Purchases Demand More Than Matched by Supply Offers
Gas suppliers have made offers to supply more than 13.4 Bcm of gas in the EU's joint gas buying scheme, European Commission Vice-President Maros Sefcovic said on Tuesday. The volume offered would more than cover the 11.6 Bcm of gas that European Union companies have requested in the bloc's first round of joint gas buying.
- 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
