Natural Gas
U.S. Gulf of Mexico Oil Producers Consolidation Accelerates
Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry's future.
Saudi Aramco Aims to Raise At Least $17 billion From Gas Pipelines
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources familiar with the matter said.
TC Energy’s Louisiana Pipeline Projects Should Expand Gulf Coast Natural Gas Access
TC Energy is progressing with pipeline-related projects in Louisiana that should help deliver more natural gas to high-demand markets along the Gulf Coast and beyond.
PennEast Aims to Complete Phase of NatGas Pipe in 2022, Despite Delay
PennEast Pipeline said it still expects to complete the first phase of its $1.2 billion natural gas pipe in Pennsylvania in 2022 even though it put off acquiring rights of way for the project due to legal and regulatory hurdles.
China to Fund Myanmar Projects in Agreement with Junta
China will transfer over $6 million to Myanmar's government to fund 21 development projects, Myanmar's foreign ministry said, in a sign of cooperation resuming under the junta that overthrew an elected government on Feb. 1.
Chesapeake Focusing on U.S. Shale Gas with $615 million Vine Energy Buy
Chesapeake Energy Corp agreed to buy Louisiana natural gas rival Vine Energy Inc. for $615 million, betting on the Haynesville shale field's proximity to the U.S. Gulf Coast export hub.
EIA Flags Below Average U.S. NatGas Stocks Going into Winter
The U.S. Energy Information Administration said high level of natural gas exports this year, coupled with relatively flat output have led to below average injection of the fuel into storage going into the winter heating season.
Safe Procedure Failure Led to Natural Gas Release, Fire in San Francisco Neighborhood
Kilford Engineering Inc.’s excavation crew’s failure to follow safe excavation practices near a pipeline contributed to a 2019 natural gas release and fire in a San Francisco neighborhood, the National Transportation Safety Board determined through an investigation.
INGAA Welcomes Senate Passage of Bipartisan Infrastructure Package
The Senate’s vote to advance the INVEST in America Act, demonstrates that Congress can achieve bold energy and climate goals when it works on a bipartisan basis and collaborates with stakeholders, INGAA's CEO said.
Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants
Egypt's petroleum minister and Israel's energy minister discussed "future plans" for Israeli gas to be liquefied at Egyptian natural gas liquefaction plants for re-export, the ministers said in a joint statement on Monday.
Energy Transfer Completes DAPL Expansion, Updates Pipeline Projects
Energy Transfer said it has completed a phased expansion of Dakota Access Pipeline that boosted capacity to 750,000 bpd from 570,000 bpd even as it waged a legal battle for survival.
UGI and Synthica Energy Partner to Develop Renewable Natural Gas
The project is expected to generate approximately 250,000 MMBTUs of pipeline-quality RNG each year that will be injected into a local natural gas pipeline on the regional distribution system.
Making Digital Transformation a Reality
Unlocking the value of process data through digital transformation not only offers oil and gas operators huge benefits, but it is also an essential step for businesses to remain efficient and competitive in the future.
Pioneer Natural Resources Warns of Tepid Shale Growth in Coming Years
Pioneer Natural Resources Co.'s top executive said that U.S. shale growth was "not going to grow that much" in the coming years, as oil and gas companies continue to focus on capital discipline and shareholder returns.
Plains All American Boosts Earnings Outlook as Fuel Demand Recovers
Plains All American Pipeline LP raised its forecast for 2021 adjusted core income, as the oil and gas sector benefits from easing travel curbs and a recovering economy firing up fuel demand.
Pipeline Operator Enbridge Posts Drop in Quarterly Profit
Enbridge Inc. said its quarterly profit fell sequentially, as the Canadian pipeline operator transported lower volumes of fuel on its Mainline system.
Perspective: IEA’s Roadmap Shows Difficult Journey to Net Zero
Polarized responses to the International Energy Agency report on achieving net zero emissions by 2050 reveal the enormous challenges of the goal and differences about whether it is realistic in the timeframe.
Texas Intrastate Whistler Pipeline Placed in Service
The Whistler Pipeline began full commercial service last month, providing approximately 2.0 Bcf/d of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin, which will help ensure sufficient reliable gas takeaway and reduce natural gas flaring in the Permian basin.
U.S. Oil & Gas Rig Count Falls for First Week in Eight -Baker Hughes
U.S. energy firms cut the number of oil and natural gas rigs operating for the first time in eight weeks amid an industry stampede to reward investors with share buybacks instead of boosting production.
Entergy Seeks to Build NatGas/Hydrogen Power Plant in Texas
U.S. electric company Entergy Corp wants to build a power plant in Texas capable of burning a combination of natural gas and hydrogen as more consumers seek to transition from dirty fossil fuels to carbon-free sources of energy.
Pipeline Operator Enbridge Beats Profit Estimates as Oil Volumes Rebound
Canadian pipeline operator Enbridge Inc reported second-quarter profit which beat expectations on Friday, as oil volumes transported on its Mainline system rose from a year ago due to a rebound in fuel demand.
Enbridge Gets OK to Return TETCO NatGas Pipe to Full Service
Enbridge Inc said federal pipeline safety regulators gave its Texas Eastern Transmission unit permission to return the Pennsylvania to Mississippi natural gas pipeline back to full pressure following a two-month reduction.
TC Energy to Switch to Green Power to Run N. American Energy Pipelines
Canadian pipeline operator TC Energy Corp could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian oil and gas pipelines.
MDU Resources Planning $75 million NatGas Pipeline Expansion in North Dakota
To fulfill additional customer demand, WBI Energy plans to construct a 60-mile, 12-inch natural gas pipeline expansion and ancillary facilities to Wahpeton. The expansion will have capacity of 20 million cubic feet of natural gas per day and is expected to cost approximately $75 million.
Mexican Methane Leak Rate 'Alarming' for Climate Change, Report Says
To blame for Mexico's poor record are mostly high emissions at midstream facilities that gather, compress, and process the gas, the report says. Other culprits are venting and flaring.
Wintershall Dea Says Europe Needs More Gas from All Sources
Oil and gas producer Wintershall Dea, which has a 70% gas portfolio, said Europe needed multi-sourced gas to support decarbonization away from coal and to create a platform for future hydrogen production from carbon-free energy.
Spire Seeks U.S. Backing for Missouri NatGas Pipeline to Avoid Outages
U.S. natural gas company Spire Inc's Spire STL Pipeline unit filed an emergency application with U.S. energy regulators to keep the STL gas pipeline in service ahead of this winter to avoid gas service outages in St. Louis.
FERC to Hear Total NatGas Manipulation Case by Aug. 2022
The case, which has already dragged on for years, is the biggest of FERC's ongoing disputes over alleged power and gas market manipulation, some of which started over a decade ago.
Gazprom to Pay 349 million Euros in Advance to Use Bulgarian Pipeline
Russia's state gas company Gazprom has agreed to pay 349 million euros ($412 million) in advance for capacity on the Bulgarian extension of the TurkStream gas pipeline, Bulgarian state network operator Bulgartransgaz said.
Enagas First-Half Net Profit Falls on Lower Fees in Spain
Spanish gas grid operator Enagas said its first-half net profit fell 9.8% to 213 million euros ($251.28 million) after a change of regulations in 2020 forced it to charge lower fees in Spain.
- 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
