Natural Gas
Mozambique President Nyusi Says Army Gaining Ground in Insurgency-Hit Region
Nyusi was addressing the nation on the crisis that was triggered when the insurgents in March attacked the coastal town of Palma, near natural gas projects worth $60 billion that are meant to transform Mozambique's economy.
Inter Pipeline Walks Away from Pembina Deal in Favor of Brookfield Bid
Canadian pipeline operator Inter Pipeline on Monday decided against recommending a C$8.5 billion ($6.77 billion) deal with rival Pembina Pipeline Corp to shareholders and instead chose to pursue a higher bid from Brookfield Infrastructure Partners.
U.S. Drillers Add Oil and Gas Rigs for Fourth Week in a Row
U.S. energy firms added oil and natural gas rigs for a fourth week in a row for the first time since May, spurred by higher oil prices although growth in drilling has been modest as producers favor spending austerity.
Kinder Morgan Trims Annual Earnings Outlook on Lower Volumes
Kinder Morgan cut its 2021 profit forecast just three months after the U.S. pipeline operator had raised its estimates following a surge in demand for natural gas during the February winter storm.
Russia Rejects Aspects of Germany-U.S. Accord on Nord Stream 2 Pipeline
The Kremlin said it disagreed with some statements in an agreement between the United States and Germany on the Nord Stream 2 gas pipeline, insisting that Russia had never used energy as a tool of political pressure.
Ukraine Fights Rearguard Action Against Nord Stream 2 After U.S. and Germany Unveil Deal
Ukraine has started official consultations with the European Union and Germany about Nord Stream 2, Foreign Minister Dmytro Kuleba said on Wednesday, ratcheting up Kyiv's opposition to the pipeline which it says is a threat to Europe's security.
Nisga'a Nation, Rockies LNG and Western LNG Propose New LNG Project
Two natural gas pipeline projects are being evaluated for Ksi Lisims LNG. Both pipeline projects have received regulatory approvals following robust environmental assessment processes and can connect resources in northeastern BC to the proposed project site.
WBI Energy Begins Construction on ND Natural Gas Pipeline Project
WBI Energy, a subsidiary of MDU Resources Group, began construction this week on the North Bakken Expansion project in North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation.
FERC to Hear TotalEnergies Alleged $214 Million NatGas Manipulation Case
An Administrative Law Judge will determine whether units and traders at French energy company Total, now TotalEnergies SE, manipulated the natural gas market in 2009-2012.
STEP Advances Supercritical CO2 Power Cycles for Gas-Fired Generation
Power cycles using supercritical carbon dioxide as a working fluid show promise for many power generation applications, including high-efficiency waste heat recovery on pipeline gas turbines.
Saudi Aramco Drops Morgan Stanley on Gas Pipelines Deal
Saudi Aramco has dropped Morgan Stanley as an adviser for the sale of its gas pipelines and picked JPMorgan and Goldman Sachs for the role, three sources familiar with matter said.
Merkel Reassures Ukraine on Gas Transit Before Talks with Biden
Ukraine can be confident that Germany and the European Union will guarantee its status as a transit country for Russian gas even after the Nord Stream 2 pipeline has opened, German Chancellor Angela Merkel said on Monday.
Dominion Energy, Berkshire to Terminate Questar Pipelines Deal
Dominion Energy abandoned the sale of a natural gas pipeline to a unit of Warren Buffett's Berkshire Hathaway because of uncertainty over whether antitrust regulators would approve it, the companies said on Monday.
U.S. Drillers Add Oil and Gas Rigs for Second Week in a Row
U.S. energy firms added oil and natural gas rigs for a second week in a row as oil prices recently rose to their highest since Oct. 2018, prompting some drillers to return to the well pad.
China's CNOOC Dives into Uncharted Deep Waters in Bold Gas Pivot
When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customized floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.
Linden Energy Acquiring 50% Stake in Bulgaria's Largest Private Gas Company
Linden Energy, a U.S.-based energy development company, today announced it has signed an agreement to acquire 50% of Overgas Inc. AD, the first independent Bulgarian gas trader, as well as the largest privately owned gas company in the country.
North Dakota Sues Federal Govt Over Canceled Oil and Gas Leasing
North Dakota is suing the U.S. government on claims the Department of the Interior and the Bureau of Land Management illegally canceled oil and gas lease auctions in the state.
U.S. Natural Gas Production to Rise in 2021 as Demand Falls – EIA
U.S. natural gas production will increase in 2021 and demand will fall, the U.S. Energy Information Administration said in its Short Term Energy Outlook.
Norway’s Pipeline Sector Continues to Grow
Norway has benefited from North Sea oil and gas for over half a century. At the start of 2021, Norway was the world’s third-largest gas exporter and fifteenth biggest oil producer after Qatar, reported the BP “Statistical Review of World Energy 2020.”
Tokyo Gas to Start Methanation Pilot Program by End-March
Tokyo Gas Co Ltd, Japan's biggest city gas supplier, said on Wednesday it would start a demonstration test of methanation, a technology to help decarbonize city gas, in Japan by the end of next March.
Record-Breaking Summer European Gas Prices Signal an Expensive Winter
European gas prices vaulted to record highs this summer, driven by factors ranging from low inventories and outages to an Asian buying spree, and signaling further rises in coming months that could mean higher household bills this winter.
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared that environmental damage was avoided due to quick action by its workers.
Rebound in Global Gas Demand Threatens International Climate Targets - IEA
A rebound in global gas demand to 2024 following a record fall last year is poised to knock the world off track for a climate goal of achieving net zero emissions by 2050, the International Energy Agency said on Monday.
'Eye of fire' in Mexican Waters Blamed on Gas Pipeline Leak
Pemex said that a fire on the ocean surface west of Mexico's Yucatan peninsula Friday was caused by a gas leak from an underwater pipeline. Videos of the blaze went viral.
Gazprom Holds Back Exports via Ukraine, Pressing Case for Nord Stream 2
Kremlin-controlled gas giant Gazprom has held off from booking additional capacity for gas supplies via Ukraine to meet surging demand in recent months, sending a clear sign it is waiting for the Nord Stream 2 pipeline to be commissioned, analysts said.
Energy Trader Mercuria Posts Record Profit for Volatile 2020
Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by the COVID-19 pandemic, as well as very strong returns across its portfolio, particularly gas and power.
EBRD Stops Investing in Upstream Oil and Gas to Align with Paris Goals
The European Bank for Reconstruction and Development will stop investing in upstream oil and gas projects as part of plans to align its activities with the goals of the Paris Agreement, but will continue to finance select projects in the midstream and downstream sectors.
Shell Plans to Exit California Joint Venture with Exxon Mobil
Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four people familiar with the talks told Reuters.
Nigerian Lawmakers Pass Historic Oil Overhaul Bill
Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the country's oil and gas production, putting a project that has been in the works for two decades one step closer to presidential sign-off.
U.S. Natural Gas Companies Put Hydrogen to the Test
At least two dozen U.S. energy firms, including Dominion Energy Inc and Sempra Energy, have started producing hydrogen or testing its viability in natural gas pipes to take advantage of existing infrastructure as the world prioritizes lower-carbon fuels.
- 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
