Natural Gas
Energy Transfer Expects $2.4 Billion Boost from Winter Storm
Energy Transfer LP expects to gain roughly $2.4 billion from Winter Storm Uri, which knocked out power and halted the distribution of natural gas in Texas to homes and businesses, company executives said.
Enhancing Safety with Integrated Rupture Disk Assemblies
For decades, rupture disks have served the oil and gas industry as an effective, passive safety mechanism to protect against overpressure or potentially damaging vacuum conditions.
Results Show Billions in Profit from Texas Freeze for Gas and Power Sellers
Natural gas suppliers, pipeline companies and banks that trade commodities have emerged as the biggest market winners from February's U.S. winter blast that roiled gas and power markets, according to more than two dozen interviews and quarterly earnings reports.
Texas Legislature passes bills to support fossil fuel industries
House Bill 17 protects consumers by prohibiting political subdivisions from discriminating against specific fuel sources like natural gas and coal; this will ensure cities and counties cannot pass California-style ordinances that ban gas hook-ups in new buildings or homes.
Galaxy Pipelines Look to Expand Gas Pipeline Network in Abu Dhabi
Despite climate change, and uncertain futures for both demand and supply, some financial investors have become enthusiastic about gas pipelines.
Australia's Origin Locks in Domestic Gas Supply Tied to Asian LNG Price
Origin has also lined up extra pipeline capacity under a three-year deal with APA Group starting in 2023, which will allow the company to transport large amounts of gas to southern markets where it is needed.
Winter Storms Hit Phillips 66 Partners' Q1 Pipeline Volumes
The amount of oil and gas shipped on Phillips 66 Partners LP pipelines fell about 6% in the first quarter as winter storms disrupted service and the COVID-19 health crisis continued to hamper fuel demand.
Continental Resources Ramping Up Bakken Operations, Adds Rigs to Powder River Basin
Shale oil producer Continental Resources on Thursday said it will ramp up activity in North Dakota's Bakken shale field this year as it shifts more of its production operations to crude oil from natural gas.
CenterPoint to Sell Arkansas, Oklahoma Gas Utilities for $2.15 Billion
U.S. electricity provider CenterPoint Energy Inc said on Thursday it has agreed to sell its natural gas utility businesses in Arkansas and Oklahoma to privately-held Summit Utilities for $2.15 billion in cash.
Indonesia to Stop LPG and Fuel Imports by 2030
Indonesia will stop both liquefied petroleum gas and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said.
Brazil's Petrobras Sells Stake in NTS Gas Pipeline Network
Brazil's state-owned oil company Petroleo Brasileiro SA has approved the sale of its remaining 10% stake in the NTS gas pipeline network for 1.8 billion reais ($337 million) to Brookfield and Itausa SA.
Marcellus, Utica Ready to Pick Up Where They Left Off
Cautious optimism appears to be the name of the game for operators and others associated with the Marcellus and Utica Shales, according to representatives of key coalitions in the regions.
Suncor, Svante Accelerating CO2 Capture Efforts in North America
Suncor and Svante signed an equity financing agreement, providing the latter with the additional growth capital to accelerate its second-generation CO2 capture technology in North America.
Brazil's Antitrust Body Postpones Deadline for Petrobras Asset Sales
Brazil's antitrust authority CADE postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas pipelines and its stakes in natural gas distribution companies.
OPAL, NextEra Energy Unit to Build Renewable Gas Facility in Minnesota
The project will be located at a landfill owned by Republic Services Inc, and interconnect with a pipeline owned by Xcel Energy Inc, leading electric and gas utility in the region.
Piñon Starts Work on N.M. Sour Gas Treatment, Carbon Capture Facility
Piñon Midstream has started construction on the Dark Horse Sour Gas Treating and Carbon Capture Facility and associated pipeline infrastructure in the Delaware Basin of New Mexico
Neptune Energy Producing Natural Gas from Merakes Project in Indonesia
Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia.
Texas February Freeze Cost About $1.6 Billion, Vistra Says
U.S. energy company Vistra Corp boosted the negative impact of winter storm Uri in Texas in February to about $1.6 billion from its prior estimate of $900 million to $1.3 billion.
Oil and Gas Pipeline Market Could Grow 6% by 2026, Study Shows
The global oil and gas pipeline market is expected to grow at a compound annual growth rate of more than 6% from 2021 to 2026 despite the economic impact of COVID-19, according to a Research and Markets study.
New SGA Chair Focuses on Evolving Role of Natural Gas
In this interview, SGA Chair and Southern Star Central Gas Pipeline President and CEO Jimmy Staton discusses the concerns of the SGA membership, adapting to a new president’s agenda, improving the public’s perception of the natural gas industry and other topics.
Kinder Morgan Raises Outlook as Profit Surges on Winter Storm Demand
Kinder Morgan posted a quarterly profit that breezed past estimates, helping the U.S. pipeline operator raise its annual earnings forecast, on a demand surge for natural gas and electricity during the February winter storm.
Natural Gas Consumption to Continue Decreasing, EIA Projects
EIA’s April Short-Term Energy Outlook forecasts decreased total U.S. natural gas consumption in 2021 and 2022 following a decline in 2020.
Fluxys Partners with Brazilian Gas Transmission System Operator TBG
Gas infrastructure company Fluxys and institutional investor EIG Global Energy Partners have completed the announced transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG.
Feds Critical of GOM Pipeline Abandonment Policy
The U.S. Government Accountability Office released a report that found the Department of Energy does not have “a robust oversight process” for ensuring the integrity of about 8,600 miles of active offshore oil and gas pipelines on the sea floor of the Gulf of Mexico.
Ukraine Faces Potential May Diesel Shortage, Traders Say
Rosneft, which supplied about 1.75 million tons of diesel to Ukraine last year via pipelines and railways, does not plan to resume exports next month and Belarus Mozyr refinery is set for planned maintenance from May 15 to June 15, traders said.
February's Cold Weather Shut More U.S. Refinery Capacity Than Hurricane Harvey
A severe cold spell in mid-February knocked out a third of U.S. oil refining capacity, according to data compiled by Reuters and Wood Mackenzie.
China's 2021 Fuel Exports to Surge 32% as Refining Capacity Swells
Gas imports are forecasted to rise 12.5% to 158.5 bcm this year, with pipeline gas at 55 bcm and LNG at 103.5 bcm.
Newer-Technology Natural Gas-Fired Generators Utilized More Than Older Units in PJM
The rapid development of shale gas resources in Pennsylvania, Ohio, and West Virginia has contributed to sustained low natural gas prices and encouraged the construction of natural gas-fired power plants.
Feasibility Analysis for Gazprom’s Soyuz Vostok Gas Pipeline Project Approved
The feasibility analysis regarding the construction project for the Soyuz Vostok gas trunkline was approved Monday, Gazprom announced.
Carbon-Neutral or Green LNG: A Pathway Toward Energy Transition
As natural gas has a central role to play in mitigating carbon emissions, LNG producers have started to look for ways to minimize or counterbalance their carbon footprints, which ongoing LNG decarbonization efforts are likely to expedite.
- 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
