Natural Gas
From Crude to NGL: Understanding the Complexities of Pipeline Conversions
As Enterprise Products Partners LP expands its footprint in the Permian Basin, the conversion of existing pipelines raises both opportunities and challenges. This article delves into the complexities involved in repurposing energy infrastructure, highlighting technical, economic, and safety considerations amid robust production growth.
Shell Expands Gas Distribution Network in Nigeria
Shell plc’s Nigerian business, Shell Nigeria Gas (SNG), has struck a deal with a regional government in the country to develop a new gas distribution network to boost consumption by commercial and industrial entities for increased business performance.
Enbridge Acquires PSNC, Adding Over 13,000 Miles of Pipeline to Its U.S. Gas Utility Portfolio
Enbridge Inc. has completed its acquisition of Public Service Company of North Carolina (PSNC) from Dominion Energy. PSNC, now operating as Enbridge Gas North Carolina, serves over 600,000 customers and boasts an extensive network of over 13,000 miles of natural gas pipelines.
TotalEnergies, APA Approve $10.5 Billion Oil, Gas Project in Suriname
The small South American country wants to follow in the footsteps of neighboring Guyana, where a consortium led by Exxon Mobil has discovered more than 11 billion barrels of recoverable oil and gas resources.
Global News October 2024
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Greece's New LNG Terminal Boosts Europe's Gas Supply Diversification
A new floating liquefied natural gas (LNG) storage and regasification unit (FSRU) started commercial operation off Greece's northeastern coast on Tuesday with the aim of diversifying supply of imported LNG to Europe.
Finland and Estonia Form Pact to Strengthen Underwater Energy Assets
Finland and Estonia have signed an agreement to strengthen cooperation in protecting and repairing critical underwater energy infrastructure, including the Balticconnector gas pipeline. This partnership aims to enhance energy security and stabilize prices for both countries.
Helene Batters U.S. Southeast, Pushing Natural Gas Prices to 14-Week High
U.S. natural gas prices surged by 5%, reaching a 14-week high, as Hurricane Helene battered the Southeast, causing production cuts and widespread power outages. The storm disrupted Gulf of Mexico gas output and left millions without electricity across Florida, Georgia, and the Carolinas.
Ground Work on Extension of Mayakan Pipeline Begins
The Federal Electricity Commission (CFE) and Engie Mexico began construction work after signing a new agreement at the end of March for the expansion of the Mayakan Gas Pipeline.
Profile of Regulations on Colorado County Points to Private Property Safeguards
Colorado is among the largest producers of oil and natural gas in the United States, and the bulk of the energy production in the Centennial State is found in one county: Weld County.
P&GJ’s Europe 500 Report of Top Pipelines
The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.
U.S. FTC Clears Chevron-Hess Deal, Bars John Hess From Board
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp. on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
New Fortress Exports Mexico's First LNG Cargo From $1 Billion Facility
U.S. energy infrastructure company New Fortress Energy on Monday shipped the first export of liquefied natural gas from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.
Sames Bids Farewell After 20 Years
After nearly 20 years, Christina Sames is stepping away from her role as senior vice president of Operations & Engineering for the American Gas Association (AGA).
New AMPP Chair Stresses Enhancing Member Access to Standards
AMPP’s new chair, Kimberly-Joy Harris, brings over 30 years of expertise to the energy sector, specializing in leading and consulting on projects that enhance asset integrity and sustainability, efficiency and innovation.
French Pipeline Sector Moving Toward Hydrogen
France is actively developing its pipeline network, as part of ambitious state plans to turn the country into one of the largest natural gas and hydrogen hubs in Europe in years to come.
Exxon Board Member Gregory Goff Joins Elliott Group's Bid to Acquire Citgo Petroleum
Exxon board member Gregory Goff has joined Amber Energy, an Elliott-backed company, in a bid to acquire Citgo Petroleum through a U.S. court auction. The deal aims to resolve Venezuela’s debts, placing a $7.28 billion enterprise value on the Houston-based oil refiner.
ConocoPhillips Secures Court Approval to Seize Payments to Venezuela's PDVSA
The court's decision comes as part of ConocoPhillips' ongoing efforts to recover compensation after the expropriation of its assets by Venezuela. The ruling allows the company to target PDVSA assets linked to the joint Dragon Gas Field project.
EU, NATO Step Up Fight Against Sabotage of Gas Infrastructure
Safeguarding European energy and gas infrastructure against sabotage and cyberattacks will be one of the top priorities for NATO and the EU institutions over the coming years as the Nord Stream attacks have altered the energy security landscape for good.
TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain
France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.
Mitsubishi Expands Stake in Major Malaysia LNG Project
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.
Australian LNG Producers May Need to Allocate More Gas to Domestic Market Amid Supply Shortages
Australian liquefied natural gas (LNG) producers may need to commit extra gas to the domestic market instead of exports due to a drop in the supply forecast for next year, the competition watchdog said on Friday.
Natural Gas Producers Demand Harris’ Stance on Key Energy Issues in Battleground Pennsylvania
As the nation’s second-largest natural gas producer, Pennsylvania is crucial in the upcoming election, with energy policies on LNG and fracing poised to shape the battleground state’s economy. Harris’s approach remains unclear, leaving industry leaders concerned about the potential impact on jobs and energy costs.
FTC Bars Hess CEO from Chevron Board Seat in $53 Billion Deal, Sources Say
U.S. antitrust regulators will block Hess CEO John Hess from joining Chevron's board as a condition for approving Chevron's $53 billion acquisition of Hess, according to sources. This mirrors restrictions in other recent oil industry megamergers.
Petrobras to Reopen Offshore Well, Pumping Natural Gas for Brazil
Brazilian oil giant Petrobras is set to reopen a well in the Roncador field, aiming to boost natural gas production by 1.7 million cubic meters per day, supporting the country's energy needs.
China to Launch Guangdong LNG Terminal, Exxon Secures 20-Year Access
China's Guangdong Energy Group is set to begin commercial operations of its new $1 billion LNG terminal, with ExxonMobil securing 20 years of access to handle 1.8 million tons annually. The terminal will support ExxonMobil's chemical complex in Huizhou, starting operations in 2025.
Validus Energy to Acquire Tulsa-Based Citizen Energy in $2 Billion Deal, Sources Say
Privately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billion, including debt, according to people familiar with the matter.
EQT Plans to Reverse Some U.S. Natural Gas Production Curtailments in October, CEO Says
"Production curtailments will be a normal part of our strategy when prices are low," CEO Toby Rice said, noting the company has already curtailed about 1 billion cubic feet per day (Bcf/d) of production in the spring.
Woodland Biofuels to Invest $1.35 Billion in Louisiana for RNG, Hydrogen Plant
Canadian renewable fuel company Woodland Biofuels announced on Tuesday an investment of $1.35 billion at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen facility.
TotalEnergies Signs LNG Supply Deal with South Korea's Hyundai Chemical
The gas, which will supply one of Hyundai Chemical's industrial sites in South Korea, will be partly indexed to Brent crude prices and partly to Henry Hub, the U.S. natural gas benchmark price.
- 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
