Natural Gas
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.
Brightmark Breaks Ground on Three Renewable Natural Gas Projects in Michigan
Brightmark, a waste solutions provider, today broke ground on three renewable natural gas (RNG) projects in Michigan. The projects are owned by and will be operated through subsidiaries of Brightmark RNG Holdings, a partnership with Chevron U.S.A.
Argentina NatGas Woes Risk Slide Back into Energy Deficit
Argentina, which had steadily dug itself out of a deep energy deficit to post a slender surplus last year, is set to sink back into an energy hole this year that could reach $1 billion due to local natural gas shortfalls driving the need for expensive LNG imports.
Saudi Aramco Seeks Financing Advisor for Gas Pipeline Deal
Saudi Aramco has invited banks to pitch for an advisory role to help finance the sale of a significant minority stake in its gas pipelines, the oil giant's second major midstream deal after a $12.4 billion deal for oil pipelines, three sources said.
U.S. Supreme Court Backs PennEast Pipeline in New Jersey Land Dispute
The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state's objections.
EU Countries Approve Landmark Climate Change Law
European Union countries on Monday gave the final seal of approval to a law to make the bloc's greenhouse gas emissions targets legally binding, as EU policymakers prepare a huge new package of policies to fight climate change.
European Commission Approves French Support for Natural Gas Storage
France's system of financial support for natural gas storage, set up in 2017 to shore up the country's energy supplies, complies with European Union state aid rules, the European Commission said.
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is selling.
Libya’s Civil War Stifling Growth of Pipeline Industry
The prolonged civil war in Libya continues to lock out potential investments in greenfield oil and gas pipeline projects with the National Oil Company. International oil companies are left with the option of investing in repairs and maintenance of existing oil and gas transportation infrastructure.
Germany, U.S. Seek to Resolve Nord Stream 2 Dispute by End August
German Economy Minister Peter Altmaier on Friday said he had a productive meeting with U.S. Energy Secretary Jennifer Granholm, and both countries were committed to resolving a dispute over the Nord Stream 2 pipeline by the end of August.
Brussels Region to Ban Diesel Cars by 2030, Petrol Cars by 2035
The ban will also apply to vehicles running on compressed-natural gas, liquefied natural gas and hybrids from 2035 in an effort to meet the European Union's carbon neutrality goal by 2050.
First Deepwater Gas Field Fully Run by China Starts Production
The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country's national offshore producer CNOOC Ltd said.
Southwest Gas Begins RNG Projects to Provide Clean Energy to Customers
Southwest Gas is actively working with RNG developers to interconnect various RNG projects across company service areas with Southwest Gas' facilities. There are four projects in Arizona and one in California that are approved and will take RNG to market shortly.
Perspective: How Vladimir Putin Uses Natural Gas to Exert Russian Influence
The recent U.S.-Russia summit between Presidents Joe Biden and Vladimir Putin suggests that a controversial Russian natural gas pipeline, Nord Stream 2, is a done deal.
Blinken Says Nord Stream 2 is Russian Project That Undermines Ukraine
U.S. Secretary of State Antony Blinken on Wednesday described the Nord Stream 2 gas pipeline as a Russian geopolitical project that undermines the security of Ukraine, adding the United States wants to ensure Russia does not use energy as a coercive tool against any European state.
PipeChina Aims for Peak Carbon Emissions Before 2030
China Oil and Gas Pipeline Network, or PipeChina, aims to bring its carbon emission and energy consumption to a peak before 2030, a company manager said.
TECO Peoples Gas, Alliance Diaries Partnering to Bring Florida RNG
TECO Peoples Gas, Florida's largest natural gas distribution utility, has reached an agreement with Alliance Dairies to build, own and operate a renewable natural gas facility on the dairy’s property in Trenton near Gainesville.
Tellurian Applies for New Reduced-Emission Pipeline Project in Louisiana
Tellurian Inc.'s wholly owned subsidiary Driftwood Pipeline submitted a formal application with FERC to construct and operate Line 200 and 300, a 37-mile, dual 42-inch diameter interstate pipeline that will originate near Ragley in Beauregard Parish, Louisiana and end near Carlyss in Calcasieu Parish, Louisiana.
Gazprom’s Amur Gas Processing Plant Nearing Completion
Gazprom’s Amur Gas Processing Plant project is more than 75% complete following its commissioning ceremony for the first production train earlier this month.
Morocco Targets $1.7 Billion in Non-Phosphate Mining Revenue by 2030
With 72% of global reserves, Morocco is the world's largest phosphates exporter and last year its state-owned phosphates company OCP reported revenue of 56.1 billion dirhams. Morocco is a major producer of renewable energy but also relies on gas imports, including through a pipeline running from natural gas producer Algeria through Morocco to Spain.
Williams Announces Deepwater Export Agreement at Shenandoah
Facilities to be installed include a five-mile offshore lateral pipeline build from the Shenandoah platform to Discovery’s existing Keathley Canyon Connector pipeline, and additional onshore processing facilities to handle the expected rich Shenandoah production.
Texas Power Demand to Keep Breaking June Records in Heatwave
In February, ERCOT was forced to impose rotating outages as extreme cold froze natural gas pipes and wind turbines, leaving millions of customers without electricity - some for days. Conservation efforts and changes in procedures and processes implemented since the winter storm prevented the possibility of rotating outages so far.
- 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
