Natural Gas
End of an Era? Series of Setbacks Bode ill for Big Pipeline Projects
A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.
China Hires Morgan Stanley, Goldman Sachs to Advise on Pipeline Asset Transfers — Sources
China has hired Morgan Stanley and Goldman Sachs to advise the country's top energy firms on multi-billion dollar deals transferring oil and natural gas pipeline assets to a new national energy infrastructure company.
Pipeline Shutdown Adds to Record Decline in U.S. Natural Gas Output
Unplanned maintenance on TC Energy's Mountaineer Xpress Pipeline helped push U.S. natural gas output on Tuesday towards its lowest point since September 2018.
U.S. Energy Dept. Approves Jordan Cove LNG Exports
The U.S. Department of Energy has approved LNG exports from the proposed Jordan Cove LNG project in Oregon, the first on the country's West Coast.
Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work
Denmark has given approval for the Nord Stream 2 pipeline to use pipelaying vessels with anchors to complete work on the natural gas pipeline in Danish waters.
Developers Cancel Long-Delayed Atlantic Coast Pipeline
The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.
Equinor Plans UK Project to Produce Hydrogen from Natural Gas
Equinor is leading a project to build a plant in Britain that will produce hydrogen from natural gas in combination with carbon capture and storage, with pipelines to transport hydrogen for use by multiple industry and power customers.
Brazil's Petrobras Considers Offshore LNG Units for Pre-Salt Gas
Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said.
BP Closes Part of Alaska Sale to Hilcorp; Pipeline Under Review
BP announced it has closed part of its planned $5.6 billion sale of Alaskan assets and operations to Hilcorp, but its stake in Trans Alaska Pipeline is still under regulatory review.
NiSource to Pay $56 Million to Resolve Gas Blasts Probe
NiSource Inc will pay $56 million to resolve a probe into Massachusetts gas explosions in 2018 linked to a utility it owns that killed one person and destroyed multiple buildings, the state's attorney general said.
Petrobras Enters Binding Phase in Sale of 10% Stake in NTS Gas Pipeline
Brazil's state oil firm Petrobras has begun the binding phase in the sale process of its 10% remaining stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), it said in a securities filing on Friday.
India to Simplify Gas Pipeline Tariff to Boost Demand
India's oil minister announced the country is planning to simplify its gas pipeline tariff structure in order to attract further investment into the nation's gas infrastructure.
Align Midstream Partners Completes TOPS Pipeline
Align Midstream Partners has announced the completion of its TOPS Pipeline and the formation of a joint venture in the pipeline with Sabine Oil & Gas.
Alaska Officials Approve BP's Sale of Pipeline, Oil Leases to Hilcorp
Alaskan energy officials on Monday approved the sale of BP's pipeline and oil and gas assets to Hilcorp Energy as part of a previously announced multi-billion dollar deal.
Chesapeake Asks to Cancel Pipeline Contracts Amid Bankruptcy Filing
Chesapeake Energy is looking to cancel more than $300 million worth of pipeline contracts as part of its Chapter 11 bankruptcy proceedings.
Chesapeake Energy Bankruptcy Delivers Hit to Reeling Pipeline, Service Firms
A bankruptcy filing by Chesapeake Energy will deliver a hard blow to pipeline and service companies already struggling from the collapse in energy demand brought on by the coronavirus pandemic.
Sasol to Sell Stakes in Mozambique Pipeline, Power Plant — Sources
According to two sources, Sasol is looking to sell its stakes in a Mozambique pipeline as well as a power plant in the country.
Investors Raise $7.96 Billion Loan for ADNOC Pipeline Deal
A group of investors has signed a nearly $8 billion loan to help finance a $10 billion gas pipeline investment with the state-owned Abu Dhabi National Oil Company.
U.S. Gas Deliveries for LNG Export Fall by More than Half
Daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 Bcf/d in late March 2020, but deliveries fell to less than 4 Bcf/d in June.
Hungary, Gazprom Agree to Long-Term Gas Supply Deal
Hungary and Russian gas giant Gazprom have agreed to a flexible, 15-year gas supply deal that gives the central European country the ability to renegotiate or cancel the deal if alternative supply methods become available.
ADNOC Signs $10 Billion Gas Pipeline Deal
ADNOC has signed a $10 billion investment deal with a consortium of investors for a stake in its natural gas pipeline assets.
API’s May Data Report Shows Signs of Industry Recovery
New data from the American Petroleum Institue (API) during the month of May shows the U.S. energy market may be headed for a swift recovery.
Williams to Handle Gathering, Production for Taggart
Williams announced a tieback agreement with LLOG Exploration Offshore to provide oil and gas gathering and production services for the Taggart development in the Gulf of Mexico.
Russia's Gazprom Seeks to Retroactively Raise Price of Gas Sold to Poland
Russia's Gazprom is looking to retroactively raise the price of natural gas sold to Polish gas company PGNiG since 2017.
Austria's Verbund Bids for OMV's Stake in Gas Pipeline Operator
Austrian utility Verbund has made a binding offer for OMV’s 51% stake in gas pipeline operator Gas Connect Austria, it said on Monday.
India Steps up Bet on Gas With First Gas Trading Exchange
India on Monday launched its first natural gas trading exchange, as it continues efforts to reduce greenhouse gas emissions by expanding the share of gas in its energy mix.
LNG Recovery in Asia Depends on China, India Policies
The International Energy Agency (IEA) forecasts a gradual recovery in global natural gas demand in 2021-22, but the extent of that rebound depends on how committed China and India remain to their transitions from coal.
Ukraine’s Big Bet: Upgrading, Expanding Gas Transmission Networks
The World Bank will spend $250 million to improve the efficiency of Ukraine’s Gas Transmission System Operator (GTSO). One key goal of this ambitious project is “to strengthen its technical and institutional capacity.”
Pipelines Critical to Equatorial Guinea’s Ambitious Gas Plan
By Shem Oirere, Energy Writer The coronavirus (COVID-19) outbreak is expected to have far-reaching implications on Africa’s oil and gas projects, many of them that had already been billed as next drivers of growth for the region’s hydrocarbons pipeline sector. ..
How Pipelines Are Solving Texas’ Flaring Problem
To curb the amount of flaring in the Permian basin and to relieve congestion requires significantly more gas offtake pipeline capacity. Fortunately for both the environment and production companies, the Gulf Coast Express has just come online, and the Permian Highway Pipeline and the Whistler Pipeline are underway, possibly to be joined by the Permian Pass Pipeline in the future.
- 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
- Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
