Natural Gas
Global Oil CEOs Stress Continuing Need for Fossil Fuels at World Petroleum Congress
More than 5,000 participants from over 70 countries have gathered to attend the World Petroleum Congress this week, where top executives from energy companies are affirming the need for more oil for decades to come.
Enbridge Raises Dividend, Plans Share Buybacks as Profit Set to Rise
Enbridge Inc. on Tuesday raised its dividend and announced plans to buy back shares, as the Canadian pipeline operator forecast higher core earnings in 2022 on rising demand for oil and gas.
DIMP-Related Pipe Replacement Work Continues in Full Force US
While the amount of work to replace cast-iron and bare-steel pipe has declined in volume since the implementation of the Gas Distribution Integrity Management Program in 2009, there is still plenty of construction left to be done.
BlackRock, Saudi Asset Manager Hassana Sign Deal for Aramco's Gas Pipelines
Saudi Aramco said it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and state-backed Hassana Investment Co.
Looking Back at the Top 10 Midstream Stories of 2021
While not as volatile as the previous 12 months, 2021 brought its share of anxiety as we in the energy industry – midstream in particular – worked to recover from the fallout caused by the COVID-19 virus. There were also victories along the way.
Energy Transfer Completes Acquisition of Enable Midstream
Energy Transfer now owns and operates more than 114,000 miles of pipelines and related assets in all of the major U.S. producing regions and markets across 41 states.
Philippines' Malampaya Gas Project Can be Extended for Several Years -Udenna President
The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp. said.
Texas Cuts $9,000 Power Price Cap After February Freeze
The Public Utility Commission of Texas adopted a proposal to cut the wholesale electricity price cap from $9,000 per megawatt hour to $5,000 to help avoid price spikes like those seen during last winter's February freeze.
Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.
Perspective: Natural Gas, LNG Shrug Off Omicron, Fret About Winter Supplies
In contrast to crude oil, natural gas appears to be largely immune to the potential impact of the new coronavirus variant, with prices in three major regions trading more on expectations around winter supply and demand.
Egypt's LNG Exports at Full Capacity After Gas Price Surge
Egypt's natural gas exports are at full capacity of about 1.6 Bcf/d from its two natural gas liquefaction terminals as it seeks to benefit from a surge in international gas prices, Petroleum Minister Tarek El Molla said.
Texas Adopts Rules for NatGas/Power Coordination to Avoid Feb Freeze
The Public Utility Commission of Texas adopted rules to increase coordination between the natural gas and electricity industries to avoid blackouts and other energy emergencies like last winter's February freeze.
A True Chilling Effect
When the Supreme Court refused to stay a lower court decision that vacated a federal permit allowing Spire’s STL pipeline to operate, it opened a door that could threaten natural gas supplies to residents during St. Louis’ notoriously bitter winter.
Blast-Damaged Part of Arizona NatGas Pipeline Will Be Down for Months, Kinder Expects
U.S. energy company Kinder Morgan Inc. expects part of its El Paso natural gas pipeline to remain out of service for "several months" following a blast in Arizona that killed two people in August.
Natural Gas and Oil Industry Committed to Reducing Methane Emissions, API Testifies
American Petroleum Institute Vice President of Upstream Policy Kevin O’Scannlain testified during the EPA's hearing on proposed methane regulations for new and existing sources.
Kremlin Hopes Belarus Won't Stop Gas Transit to EU Amid Migrant Crisis
Russia hopes Belarus will not suspend gas transit to Europe, the Kremlin said on Wednesday, after Belarusian President Alexander Lukashenko threatened to block shipments as part of a crisis over migrants at the border.
Ukraine's Naftogaz Says Russia-EU Gas Transit Deal May Not be Renewed
Ukraine's state energy firm Naftogaz has no power to halt the Nord Stream 2 pipeline being built between Russia and Germany, despite its role in the certification process, while its own transit deal with Russia may not be renewed.
APGA Continues Focus on Advocacy of Natural Gas
In this interview, Alonzo Weaver, chairman of APGA and senior vice president and COO at Memphis Light Gas & Water, discusses APGA’s priorities for the coming year, helping members who are coping with the COVID-19 pandemic and engaging the public concerning natural gas and other topics.
Carbon+Intel: DNV Supports First Large-Scale Testing of Submerged CO2 Pipelines
DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future CO2 transport.
Gazprom Reports Record Quarter Profits on Surging Gas Prices
Russia's Gazprom reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected even higher earnings in the last three months of the year.
ExxonMobil Continues Preparatory Work for Gas Project in Vietnam
ExxonMobil is continuing preparatory work for its Ca Voi Xanh (Blue Whale) gas project in Vietnam, it said, with a final investment decision dependent on factors including regulatory approvals and gas sales deals.
Snam Buys Stake in Algerian Pipelines to Pave Way for Hydrogen Highway
Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.
Moldova Settles Debt for Gas to Russia, Averts Energy Crisis
Moldova has paid for Russian natural gas it received in October and the first half of November, Moldovagaz said in a statement, averting a possible crisis over a payment dispute.
Canada Rejects Enbridge Plan to Sell Oil Pipeline Space Under Contract
The Canada Energy Regulator on Friday rejected Enbridge's plan to sell nearly all space on its Mainline oil pipeline under long-term contracts, rather than rationing it on a monthly basis.
Gazprom Nearly Doubles Planned Investments to $24 Billion in 2022
Russian gas giant Gazprom said its management has approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.
Greece Teams Up With Egypt on Gas Supply, Infrastructure
Greece and Egypt agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.
Australia Unveils Plan to Spur Pipeline Investment
Australia outlined a plan to spur investment in new gas pipelines to beef up gas supply, despite the government's pledge to achieve net zero carbon emissions by 2050
Delay to Nord Stream 2 Pipeline May Be Short - Analyst
The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said after meeting officials of Russian state gas giant Gazprom.
Russia Agrees to Extend Deadline for Moldova's Gas Payments
Russian gas giant Gazprom said it agreed to continue gas exports to Moldova despite its inability to pay for the gas on time, extending a payment deadline and averting an energy crisis in the ex-Soviet state, at least for now.
Contractors: Western Canada to Boost Drilling to Pre-Pandemic Levels
Western Canadian oil and gas producers will drill 27% more wells in 2022 than the previous year, returning to pre-pandemic levels as prices rebound and pipeline projects advance, the Canadian Association of Energy Contractors (CAOEC) said.
- 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
