Natural Gas
Hess CEO: Petroleum Reserve Releases Should Double, Quadruple to Aid Markets
Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.
Cheniere Signs EPC Contract for Corpus Christi Stage III Project
The Corpus Christi Stage III Project will consist of up to seven midscale trains, each with an expected liquefaction capacity of approximately 1.49 MTPA with a total production capacity of more than 10 MTPA.
Exxon Sues US Over Taxes Related to Gas Project in Qatar
Exxon Mobil Corp. filed a suit against the U.S. seeking a partial refund of $2.1 billion in taxes and penalties tied to a Middle East gas project in Qatar, according to a filing in U.S. district court in Dallas.
AGA Issues Concerns About New FERC Policies on Natural Gas
The American Gas Association expressed fears for the development of natural gas at the hands of FERC in a letter to Chairman Joe Manchin of the Senate Energy and Natural Resources Committee and Ranking Member John Barrasso.
Europe Must Urgently Cut Dependence on Russian Gas, Portugal Says
Europe must urgently diversify its natural gas supply sources to reduce its dependence on Russia, Portugal's energy secretary of state said, pointing to alternatives such as the U.S. and Qatar.
US Natgas Futures Ease with Drop in Global Oil, Gas Prices
The U.S. market continued its three-day streak of following sharp moves in European gas and global oil prices with the Russia-Ukraine conflict stoking energy supply concerns.
US Senators to Grill Regulators over Climate Policy on Natural Gas Projects
Top U.S. senators will grill Democratic energy regulators who approved guidelines for new natural gas projects that allow consideration of environmental justice, landowner and climate issues.
South Africa's Gigajoule to Import First LNG Cargo at New Mozambique Terminal by Mid-2025
The LNG terminal is expected to receive its first shipments of gas to a permanently moored floating storage and regasification unit in Matola harbor by mid-2025.
Russian Gas Flows Via Yamal Pipeline to Germany Halt, Bids Remain
Russian gas accounts for some 40% of European gas demand, while the Yamal-Europe pipeline usually accounts for about 15% of Russia's westbound supply of gas to Europe and Turkey.
TotalEnergies Could Lose S.Africa License If No Output Plan by Sept
TotalEnergies could see its license to develop a major offshore South African gas find scrapped if it does not submit a production plan by September.
Sanctions on Russian Energy 'On the Table' - But Not Just Yet, US Says
The United States is open to imposing sanctions on Russia's oil and gas industry but going after its exports now could help Moscow, the White House said.
Nord Stream 2 AG Says Its Mobile, Fixed Network Lines Not Reachable, Shuts Website
The operator of the Russian Nord Stream 2 gas pipeline said its mobile and fixed network lines were not reachable for the time being and it had shut down its website amid hacking attacks.
Italy's Eni to Sell Stake in Blue Stream Pipeline Co-owned with Gazprom
Italian energy group Eni said it planned to sell its stake in the Blue Stream pipeline carrying Russian gas to Turkey that it co-owns with Russia's Gazprom.
Nord Stream 2 Owner Considers Insolvency After Pipeline Halt, Sanctions
The Swiss-based company is considering filing for insolvency as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it.
Ukraine’s Oil and Gas Industry Supplies Only a Small Part of the Country’s Needs
Two major pipeline systems carry Russian gas through Ukraine to Western Europe. The Bratstvo pipeline crosses from Ukraine to Slovakia and the Soyuz pipeline links Russia’s pipelines to natural gas networks in central Asia.
Eastbound Gas Flows to Poland Resume Via Yamal-Europe Pipeline
A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland following normal, westbound supplies overnight, data from German network operator Gascade showed.
Shell to End Involvement with Nord Stream 2 Following Ukraine Invasion
Shell will also end its relationship with the flagship Sakhalin 2 LNG plant in which it holds a 27.5% stake, and which is 50% owned and operated by Russian gas giant Gazprom.
Ukraine’s Naftogaz Reports Close to Normal Operations
Ukrainian state oil and gas company, Naftogaz, is providing daily updates on their operations, at terminals, storage facilities and field operations, including wells and pipelines.
Frontier-Kemper to Construct Tunnel for Eagle Mountain - Woodfibre Gas Pipeline
Pre-construction activities, including design, procurement and construction planning, are expected to commence in March 2022 with construction anticipated to begin in early 2023.
Germany Winding Down Sanctions-Busting Pipeline Foundation
The commercial arm of the foundation was run by an individual appointed by Nord Stream 2 AG, whose identity is not known, and its operations were and remain a secret, despite being housed within a public foundation.
Poland, Lithuania Speed Up Gas Link Amid Russia Supply Worries
A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to an LNG terminal in Lithuania.
Ukraine: Russian Troops Blow Up Gas Pipeline in Kharkiv
Ukraine said Russian troops have blown up a natural gas pipeline in the Ukrainian city of Kharkiv, but Gazprom says flows to Europe are unaffected.
Yamal-Europe Gas Pipeline Reverses After Some Westbound Flows
Russia's Yamal-Europe gas pipeline switched back into reverse mode on Sunday morning, resuming supplies from Germany to Poland after short intermittent westbound flows overnight, data from German network operator Gascade showed.
Transmed Gas Pipeline Can Increase Supply to Europe - Sonatrach
The trans-Mediterranean natural gas pipeline that links Algeria and Italy has spare capacity that can be used to increase supply to Europe, the CEO of Sonatrach said on Sunday.
Germany in Talks With Uniper over LNG Terminal
The German government has asked utility firm Uniper to resume its plans to build an LNG terminal in Wilhelmshaven as Germany steps up its plans to cut dependence on Russian gas, a newspaper reported Sunday.
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and LNG should existing plans be disrupted by the Ukraine crisis, a government spokesperson said on Wednesday.
Equitrans Nixes Summer Start of Mountain Valley Pipeline
Equitrans Midstream on Wednesday announced that it is no longer targeting a summer 2022 startup of its long-delayed Mountain Valley Pipeline (MVP) and is not yet able to provide an update on the project's in-service timing or overall cost.
US Slaps Sanctions on Company Building Nord Stream 2
President Joe Biden said on Wednesday the United States would impose sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine.
Argentina Launches Tender to Build New Vaca Muerta Gas Pipeline
Argentina's government launched a tender on Wednesday for the construction of the first stage of a new natural gas pipeline from the Vaca Muerta shale formation.
Natural Gas-Fired Generators Used More in PJM Interconnection
The rapid development of shale gas resources in Pennsylvania, Ohio and West Virginia has contributed to sustained low natural gas prices, and it has encouraged the construction of natural gas-fired power plants.
- 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
