Natural Gas
Gazprom Workers Leave Hospital After Negative Coronavirus Tests
Twenty Gazprom workers, who were airlifted to a hospital following a coronavirus scare last week, have been discharged after the tests came back negative, a Gazprom spokesman said on Monday.
PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand
PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.
China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources
China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.
UAE's SNOC Gas Project Startup Delayed
UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.
Pipeline Shares Sink on Oil Decline, Coronavirus Impact
It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks.
Greece Receives 9 Bids for Stake in Gas Supplier
Greece has received nine non-binding bids for the sale of a 65% stake in DEPA, its dominant gas supplier.
BlackRock Withdraws Bid for ADNOC Gas Pipeline Assets — Sources
Sources report that investment firm BlackRock has dropped out of the bidding for ADNOC's gas pipeline assets.
Italy's Snam Takes Steps to Guarantee Gas Flows During Coronavirus Outbreak
Italian gas grid operator Snam has put in place emergency measures to ensure it can keep gas flowing during the coronavirus outbreak.
Superior Pipeline Secures Large Stack Play Acreage Dedication
Superior Pipeline has entered into a long-term gas gathering and processing agreement with a producer in the STACK play.
U.S. Oil and Gas Industry Sees no Supply Chain Threat from Coronavirus — API
The American Petroleum Institute says the U.S. oil and gas supply chain should not be majorly impacted by the coronavirus pandemic.
ONEOK Suspends Expansion Projects Amid Oil Price Collapse
ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.
TC Energy Signs Letter of Intent to Acquire Pioneer Pipeline
TC Energy announced that its wholly owned subsidiary, NOVA Gas Transmission Ltd., has executed an exclusive letter of intent with Tidewater Midstream and Infrastructure Inc. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.
Marathon Petroleum Explores $15 billion MPLX Asset Sale — Sources
Marathon Petroleum Co, the largest U.S. independent refiner, is exploring the sale of assets of its pipeline subsidiary MPLX LP worth as much as $15 billion, people familiar with the matter said on Wednesday.
Kazakhstan Decreases Gas Supplies to China
Kazakhstan has reduced natural gas supplies to China by 20-25%, Energy Minister Nurlan Nogayev said on Wednesday, after importer PetroChina issued a force majeure notice to suppliers this month.
U.S. Gas Jumps Almost 9% With Oil Price Gain, Hopes of Shale Output Cuts
U.S. natural gas futures soared almost 9% on Tuesday, following a 10% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt U.S. drillers to cut back on oil and gas production in shale basins.
INGAA Chairman ‘Bullish’ on Natural Gas Pipeline Activity for 2020
Longtime industry veteran Stanley “Stan” G. Chapman, III has been selected by the Board of Directors of INGAA to serve as the organization’s chairman.
U.S. Gas Prices Turn Positive After Falling to Lowest in Decades
U.S. natural gas futures turned positive by midday Monday after earlier dropping to their lowest in over 21 years as they followed a collapse in oil prices.
Brazil's Petrobras to Begin Sales Process for NTS Pipeline Stake: Executive
Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s director of gas and refining.
Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin
Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.
Pipeline Upgrades to Increase Natural Gas Flows into New England — EIA
Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region over the next several years, according to data from the U.S. Energy Information Administration (EIA).
Kinder Morgan Uncertain About Permian Pass Pipeline
U.S. energy company Kinder Morgan Inc said its proposed Permian Pass natural gas pipeline in Texas faced an uncertain future since no customers for the project have been lined up in the current low-price environment.
PetroChina Suspends Gas Contracts as Coronavirus Hits Demand — Sources
PetroChina has suspended some natural gas imports, including LNG and pipeline gas, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.
Nigeria to Back $2.59 Billion AKK Gas Pipeline with Sovereign Guarantee
Nigeria will issue a sovereign guarantee to back the bulk of a gas pipeline that is a core part of the government's energy strategy, Finance Minister Zainab Ahmed said on Wednesday.
U.S. Gas Prices Turn Negative at Texas Waha Hub
Natural gas prices at the Waha hub in the Permian basin in West Texas fell into negative territory, forcing some producers to pay other parties to take their gas.
Tellurian Looking to Cut Costs Amid Weak LNG Demand
Liquefied natural gas (LNG) producer Tellurian Inc said on Monday that it planned to cut spending and was seeking to extend the maturity date of a loan, as it looks to cope with weak demand and low prices for the fuel.
ONEOK to Expand Elk Creek Pipeline
ONEOK has announced plans to expand two of its natural gas pipelines by the end of Q1 2020, including the Elk Creek Pipeline.
Ameren Illinois Continues to Modernize With $8.5 Million Gas System Projects
Ameren Illinois announced additional updates to its natural gas system with $8.5 million in replacement projects scheduled for completion by late October in Springfield and San Jose.
China Imports 840 Million Cubic Meters of Gas Through Power of Siberia
China imported 840 million cubic meters of natural gas by Feb. 25 through the "Power of Siberia" pipeline, launched in December, or an average of 10 million cubic meters daily, state-run Xinhua news agency said late Wednesday.
Eversource to Acquire Columbia Gas of Massachusetts Assets for $1.1 Billion
Eversource Energy announced that it has reached an agreement to purchase the Massachusetts natural gas assets of Columbia Gas for $1.1 billion from NiSource.
Williams Seeks to Raise $5 Billion by Selling Stake in Pipelines - Sources
Williams Companies is seeking a partner to invest in a network of its pipelines in the western United States, a deal that could raise close to $5 billion for the Tulsa, Oklahoma-based company, people familiar with the matter said.
- 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
