Natural Gas
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.
COVID-19 Mitigation Results in Lowest US Petroleum Consumption in Decades
U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and the general economic slowdown induced by mitigation efforts for coronavirus (COVID-19).
Bulgaria's State Gas Firm Seeks Loans for Pipeline Construction
Bulgaria's state gas firm Bulgartransgaz is seeking up to 400 million euros ($453 million) to finance an extension of the TurkStream gas pipeline and other gas projects.
Kazakh Firm Plans to Spin Off Gas Shipping and Trading Unit
Kazakh state oil and gas firm KazMunayGaz said it plans to spin off its natural gas shipping and trading subsidiary Kaztransgas and will seek creditors' consent for the move.
U.S. Senators Propose Tighter Sanctions on Nord Stream 2
Several U.S. senators introduced a bill on Thursday that would expand sanctions on Russia's Nord Stream 2 gas pipeline which Washington says will increase Moscow's influence in Europe.
BP Turns Over Rights to Operate South Caucasus Pipeline
BP has turned over rights to operate the South Caucasus Pipeline (SCP), part of the network that is due to start carrying gas from Azerbaijan to Europe this year, to a unit of Azeri state energy firm SOCAR.
Greece Shortlists Six Investors in Gas Distribution Network Sale
Greece has narrowed down the list of investors being considered in a sale of its gas distribution network to six potential buyers.
Algeria's Sonatrach Becomes Majority Shareholder in Medgaz Pipeline
Algeria's Sonatrach has acquired an additional 19.10% stake in the Medgaz Pipeline making it the largest shareholder in the offshore natural gas pipeline.
LNG Deliveries to U.S. Export Facilities Decline to Lowest Level Since 2019 - EIA
According to data released from the U.S. Energy Information Administration (EIA), deliveries of natural gas to U.S. export facilities fell during most of the month of May to levels not seen in almost two years.
Negative Gas Pricing Possible in Europe as Demand Slumps
Gas markets across Europe are facing the possibility of negative pricing on futures contacts barely a month after prices for crude oil in the U.S. dropped below zero.
Russian Gas Transit via Poland Has Nearly Stopped: Ifx
Flows of natural gas from Russia across Poland on the Yamal pipeline have almost completely stopped barely a week after a transit deal between the two countries expired.
TC Energy Completes Sale of Coastal GasLink Stake
TC Energy has completed the sale of a 65% stake in its Coastal GasLink pipeline.
EU Court Throws out Challenge from Nord Stream 2
The second-highest court in Europe has dismissed a challenge by the owners of the Nord Stream pipelines against Europen Union gas rules, leaving it up to individual countries to enforce them.
Gazprom Reduced Gas Supplies to Germany, Turkey in March — Interfax
Data released from the Interfax news agency reported that Russia's Gazprom reduced its supplies of LNG in March to Germany and Turkey, two of its key partners.
EQT Cuts U.S. Gas Production as Coronavirus Depresses Prices
The largest natural gas producer in the U.S., EQT Corporation, said it has begun to reduce output from its operations in the Marcellus and Utica shale formations.
Poland Expects Russia to Continue Gas Transit to Europe
Polish authorities expect that Russia's Gazprom will continue to transport gas through their country into Europe even after a transit deal between the two countries expired earlier this week.
Williams Discontinues New York Pipeline Project After Key Permit Denial
Energy regulators in New York have once again denied a key water permit for Williams controversial Northeast Supply Enhancement Project causing the company to indefinitely suspend the project.
Poland, Russia to Cut Decades-Old Gas Transit Ties
Poland will not be renewing its gas transit deal with Russia's Gazprom once their current deal expires later this month.
Germany Denies EU Waiver for Nord Stream 2 Pipeline
Operators of the Nord Stream 2 pipeline were denied a waiver of EU regulations for the pipeline on Friday by German energy regulators.
Pandemic Impact on Global Gas Markets May Be Short-Lived
As crude oil demand and storage availability hit bottom, there are signs of hope for natural gas.
Gazprom Natural Gas Exports Slump 19% in Q1 — Source
Citing weak demand, a source told Reuters that natural gas exports on Gazprom pipelines fell by nearly 20% in the first quarter.
More Pipelines Are Needed for India to Increase LNG Imports — EIA Report
Recent data released by the U.S. Energy Information Administration shows that in order to continue to increase its LNG imports, India needs to build more gas pipelines.
- 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
