Natural Gas
EnerMech Secures Five-Year Deal with Chevron Australia
Chevron Australia awarded global integrated solutions specialist EnerMech a five-year contract to provide a range of integrated services to its Western Australian oil and gas facilities.
FERC Chairman Details Position on Natural Gas Pipelines
FERC Chairman Richard Glick does not want his intentions to review natural gas pipelines more thoroughly to be interpreted as him being opposed to gas pipelines altogether, he said.
Cash Infusion Provides Push for New Central European Gas Pipe
European Bank for Reconstruction and Development (EBRD) acquired a 25% stake from Transgaz, the parent company of Vestmoldtransgaz, for $24.2 million (€20 million).
Canada’s Inter Pipeline Urges Shareholders to Reject Brookfield's Hostile Bid
Inter Pipeline Ltd asked shareholders to reject Brookfield Infrastructure Partners' hostile bid, saying the offer "significantly undervalues" the Canadian oil and gas transportation company.
Black Bear Transmission Sells Alabama Gas Gathering Assets
The asset sale consists of more than 240 miles of natural gas pipelines, 26 active metered locations, and 1 active compressor station.
Chevron to Buy Out Noble Midstream in All-Stock $1.32 Billion Deal
Chevron Corp will buy the shares of Noble Midstream Partners LP it does not already own in an all-stock deal that values the pipeline operator at $1.32 billion, a month after making a slightly smaller offer.
Gas Storage Ups and Downs
Coming off a year that was anything but typical, it’s no surprise that gas storage – a key indicator of natural gas prices and an important market in the U.S. energy picture – has been impacted by the pandemic, but even more so, by demand growth, cancellation of major pipeline projects and the push for electrification and green energy.
CERAWEEK: Pipelines Needed for U.S. Natural Gas Export Demand Growth
Moving natural gas from the states where it is produced to places where it can be consumed or exported will become increasingly challenging, requiring infrastructure including pipelines.
Argentina's Vaca Muerta Growth Depends on LNG to Asia
Argentina needs to plan and build more liquefied natural gas (LNG) capacity to accelerate the development of its largest shale play, Vaca Muerta, the CEO of Pan American Energy said.
U.S. Natural Gas Production Decreased by 1% in 2020
U.S. natural gas production — as measured by gross withdrawals — averaged 111.2 billion cubic feet per day (Bcf/d) in 2020, down 0.9 billion Bcf/d from 2019.
CERAWEEK: Natural Gas Can Help Solve Climate Change, Industry Reminds Policymakers
The energy industry wants policy makers to remember that natural gas can and should be part of the solution in solving climate change, executives said at a conference.
Australia’s Western Gas, APA Group Studying Potential Gas Pipeline
Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a potential 130-mile (210 km) offshore pipeline and a transcontinental pipeline, the companies announced.
Europe's Unusually Low Gas Stocks Set to Underpin Prices
European gas storage levels are lower than usual for the time of year and will need to be topped up significantly in the coming months, providing support to wholesale gas prices.
Nigeria's Seplat Cutting Costs, Keeping Acquisitions on the Radar
Nigerian oil and gas company Seplat aims to cut costs and is looking out for acquisitions even after the crash in crude prices eroded its 2020 revenue.
Cold Weather Leads to Near-Record Withdrawals from Underground Natural Gas Storage
Significant demand for natural gas in mid-February led to the second-largest reported withdrawal of natural gas from storage in the United States, according to the EIA's Weekly Natural Gas Storage Report.
Qatar Pledges $60 million to Pipeline from Israel to Gaza
Qatar coming on board publicly gives another boost to the project, which has a 2023 target date for completion.
Russia’s Gazprom Says LNG, Natural Gas Shouldn't Compete in Export Markets
Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom.
U.S. Trade Groups Urge Biden to Cap Natural Gas Prices After Texas Freeze
Trade groups representing U.S. public power and natural gas companies urged President Joe Biden to declare a gas emergency for last week's extreme weather and authorize the secretary of energy to cap the price of gas.
Traders Supply Mexico With Emergency LNG After Power Crisis
Mexico's state-run power company resorted to LNG imports as natural gas supplies from the southern United States, especially neighboring Texas, were hit by frozen pipelines and rocketing prices caused by a cold snap.
Kinder Morgan and Brookfield Sell Minority Interest in Natural Gas Pipeline Company of America
Kinder Morgan and Brookfield Infrastructure Partners agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America to a fund controlled by ArcLight Capital Partners for $830 million.
Texas Oil Refiners Will Take Weeks to Recover, Boosting U.S. Gas Prices
Texas oil refineries shut by cold-weather disruptions may take several weeks to resume normal operations, industry experts said on Friday, helping to push up fuel prices.
As Power Returns, Texas Energy Firms Slowly Emerge from Deep Freeze
Texas energy companies on Friday began preparing to resume oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries.
Ford Shuts North American Plants due to Weather, Gas Supply Interruption
Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday with car manufacturing plants, with Ford saying several of its assembly plants have been shut.
Energy Transfer Upping NGL Investments as Oil Pipeline in Doubt
Energy Transfer LP executives said the company is deepening its investments in natural gas liquids (NGLs) as crude oil pipeline shipments decline and as the company faces the possible closure of its Dakota Access line.
Texas Mandate to Bar Natural Gas Exports Likely Unenforceable
The Texas oil and gas regulator on Thursday alerted state natural gas producers of a directive to reserve their supplies for in-state electric generation even as one member questioned whether the directive could be enforced.
President Asks Mexicans to Ration Power as Texas Limits Fuel
Mexico's president asked consumers on Thursday to use less electricity in the evenings as a measure to help overcome shortages of natural gas from Texas, which is seeking to ban exports of the fuel during freezing weather.
Texas Oil Producers Still Shut; Governor Bans Natural Gas Exports
The Texas governor ordered a ban on natural gas exports from the state to try to speed the restoration of power, which could heavily impact Mexico.
Northern Mexico Hit With $2.7 billion Blackout due to Texas Freeze
Factories across parts of northern Mexico on Tuesday reported $2.7 billion in losses from blackouts that extended to a second day on limited natural gas supplies from Texas, where a rare winter freeze has left millions of users without light or heat.
Energy Transfer to Acquire Enable Midstream for $7 billion
Dallas-based Energy Transfer and Oklahoma City’s Enable Midstream Partners are merging after agreeing that Energy Transfer will acquire Enable for an all-equity $7.2 billion deal.
Texas Energy Sector Struggles to Thaw After Deep Freeze
Texas produces more oil and natural gas than any other U.S. state, and its operators, unlike those in North Dakota or Alaska, are not used to dealing with frigid temperatures.
- 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
