Natural Gas
Dutch Government Reluctant to Boost Production from Groningen Gas Field
Tapping the Groningen gas field, which is being wound down due to a series of earthquakes, should be a "last resort", a Dutch minister said on Tuesday, after a government advisory body suggested using the field to help fill gas stores.
EU Exploring Deal to Boost Natural Gas Imports from Israel, Egypt
The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document dated June 7.
US Natural Gas Futures Drop 5% on Explosion at Texas Freeport LNG Plant
U.S. natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport LNG export plant in Texas and early midday forecasts calling for less heat and demand over the next two weeks than previously expected.
US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute
A U.S. mediator will visit Beirut next week to discuss a dispute over a maritime border with Israel, Lebanese Parliament Speaker Nabih Berri said on Tuesday, according to a parliament source and local media.
Closely Watched Exploration Well Off Western Australia Finds No Gas, Oil
Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.
Israel Rejects Lebanese Accusation About Gas Field, Says Conflict Unlikely
Israel has denied a Lebanese allegation it is encroaching on a disputed Mediterranean natural gas field, playing down on Monday any prospect of conflict over the dispute.
Argentina Announces Tender to Build New Vaca Muerta Gas Pipeline
Argentina has launched a tender process to build a new 563-km (350-mile) gas pipeline out of its huge Vaca Muerta shale formation that is estimated to cost $1.5 billion and take about 18 months of work to complete.
Bosnian Region Extends Gazprom Gas Deal Until End-2022
Bosnia's major gas importer Energoinvest has extended a deal on gas supplies with Russia's Gazprom until the end of the year under unchanged conditions.
Philippine Tycoon Razon to Buy Majority of South China Sea Gas Field
Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.
Nigeria Okays Next Step for New Gas Pipeline via Morocco to Europe
The new gas pipeline from Africa to Europe will be 5,660 km (3,517 miles) long and construction will be in phases covering 25 years. The pipeline is expected to be built both onshore and offshore.
Gazprom Cuts Gas Supply to Orsted and Shell Energy
Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, citing the companies' failure to make payments in rubles.
Spain Expects EU to Pay for Gas Connections with Neighbors
Spain and Portugal, which have little dependence on Russian energy supplies, want an additional gas pipeline to be built between Catalonia and France so the Iberian countries can regasify imported LNG and send it on to central Europe.
US Gas Drilling Rig Count Highest Since 2019
The total number of rigs drilling for gas has climbed to 150, the highest since late 2019, and up from just 100 this time a year ago, according to field services company Baker Hughes.
Denmark's Orsted Warns of Russian Gas Supply Halt After Spurning Ruble Payments
Orsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in rubles, but such a move would not immediately put Denmark's gas supplies at risk.
Slovakia Strikes Supply Deals for LNG, Piped Norwegian Gas
Slovakia's state gas firm SPP has struck deals to buy enough piped Norwegian gas and other shipments of LNG to cover around 65% of the country's demand until the end of next year, Economy Minister Richard Sulik said.
PIT and CNX Resources Partner on Emission Reduction Measures
Natural gas will be used at the airport and transformed into alternative fuel through CNX technology.
Morgan Stanley's Shareholders Vote to Continue Financing Fossil Fuel Projects
Shareholders in Morgan Stanley voted against a proposal proposed by non-profit foundation Sierra Club to stop lending to new fossil fuel projects, in line with the bank's board of directors orientation.
Enbridge Advancing Construction of Natural Gas Pipeline to Venture Global's LNG Facility
Enbridge said its Gator Express Meter and Venice Extension projects would supply about 1.5 Bcf/d of gas to Plaquemines, and expects the Gator Express pipeline to enter service in 2023 and the Venice Extension in 2024. The estimated cost for both projects is $400 million.
German Chancellor: Germany is Keen to Pursue Gas Projects with Senegal
Germany wants to intensively pursue gas and renewable energy projects with Senegal, against the backdrop of the war in Ukraine and its impact on energy and food prices, Chancellor Olaf Scholz said.
Argentina Easing Energy Firms' FX Access to Spur Vaca Muerta Development
Argentina is easing access to foreign currency for oil and gas companies that increase production in the South American country, part of a bid to accelerate the development of the huge Vaca Muerta shale formation and trim reliance on costly imports.
S.Korean Court Dismisses Plea to Block Loans to Fund Deep-Sea Gas Pipeline in Australia
A South Korean court has dismissed an application from a group of Indigenous Australians that said they were not properly consulted on the Barossa project and the planned 260-km (162-mile) pipeline that will connect offshore gas facilities to an existing pipeline that runs to Darwin.
Iran to Revive Gas Pipeline Project to Oman
Iran's oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman. The pipeline, which has been in the works since 2013, was delayed due to price disagreements and U.S. pressure on Oman to find other suppliers.
RWE: Germany Can Be Independent from Russian Gas by Spring 2025
Germany can wean itself off Russian gas within the next three years, the CEO of the country's largest power producer, RWE, told a newspaper.
EnLink Moves Forward with Permian-Houston Natgas Pipeline Project
EnLink Midstream will move forward with the construction of the Matterhorn Express Pipeline, a Permian-to-Houston pipeline that will transport up to 2.5 Bcf/d of natural gas through about 490 miles of pipe.
Israel Ramping Up Gas Output, Looks to Help Supply Europe
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace Russian supply.
UGI Commits Funding for Renewable Natural Gas Projects in South Dakota
The first set of projects, known as a cluster, will be built at three farms located north of Sioux Falls, SD, and is expected to generate approximately 300 million cubic feet of RNG annually once completed in calendar year 2024.
New Prospects Emerge in Guyana-Suriname Basin
In 2000, the federal government’s U.S. Geological Survey, based in Washington, D.C., identified the Guyana-Suriname Basin as having the second highest resource potential among unexplored oil and gas basins in the world.
INGAA CEO: Natural Gas Critical to Energy Mix Amid Renewable Push
Natural gas and related infrastructure will be critical to securing a low-carbon economy and will continue to be a significant contributor to the U.S. long-term energy mix, according to the Interstate Natural Gas Association of America’s (INGAA) President and CEO Amy Andryszak.
Tallgrass Energy Plans to Convert Natgas Pipeline into CO2 Transport System
Tallgrass Energy said it will convert its Trailblazer natural gas pipeline, which runs through Nebraska, Colorado and Wyoming, into a 400-mile carbon dioxide system capable of transporting over 10 million tons of CO2 per year.
Canacol Nears Construction Phase for $560 Million Colombian Gas Pipeline Project
Colombian gas producer Canacol is on track to begin construction on the Jobo-Medellín natural gas pipeline having received final binding offers from four interested contractors in March.
- 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
