Natural Gas
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.
Utility to Pay $53M for Fatal Gas Line Explosion
A utility company will pay the largest criminal fine ever imposed for breaking a federal pipeline safety law — $53 million — and plead guilty to causing a series of natural gas explosions in Massachusetts that killed one person and damaged dozens of homes, federal officials said Wednesday.
Saudi Aramco Launches Largest Shale Gas Development Outside U.S.
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.
Williams Cancels N.Y. Constitution Pipeline
Williams Cos Inc said on Monday it canceled the proposed Constitution natural gas pipeline from Pennsylvania to New York following years of opposition from politicians and environmental groups in New York.
U.S. Supreme Court Leans Toward Atlantic Coast Pipeline
A majority of the U.S. Supreme Court on Monday seemed inclined to find that the federal government had authority to grant a right of way for a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.
Canada Demands Rail Barricades Come Down as Farmers, Businesses Feel Pain
Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal groups lift damaging rail blockades but the protesters at the heart of the standoff remained defiant, saying their conditions had not yet been met.
Fracking Ban Debate Causes Tremors in Battleground Pennsylvania
The notion of banning fracking is dividing the Democrats running for president and increasingly dividing Democrats in the presidential battleground state of Pennsylvania, where fracking has vaulted it to the No. 2 natural gas producer behind Texas.
Energy Transfer Signs NGL Transportation, Processing Agreement
Energy Transfer LP said on Wednesday it signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of natural gas liquids (NGLs) in the Eagle Ford shale basin through 2034, and the Delaware basin through 2040.
India Nears Record Imports as LNG Prices Slump on Virus Impact
India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.
China Resumes Construction on Mid Section of East-Route Pipeline
The middle section of the China-Russia east-route natural gas pipeline project resumed construction in Jinzhou City, northeast China's Liaoning Province, on Wednesday.
Texas Regulator Calls out State's Worst, Best Companies for Natural Gas Flaring
One of Texas' oil and gas regulators on Tuesday defended the state's high rate of natural gas flaring but named companies that burn off the most gas.
Canada Seeks Peaceful End to Rail Blockade as Pressure Builds
Canada is seeking a peaceful end to a rail blockade that has shut down freight and passenger traffic, Prime Minister Justin Trudeau said on Tuesday, amid increasing pressure from the Conservative opposition to clear the tracks.
Gas Prices Fall to Lowest Level Since 2016, Lowest February Prices in 20 Years - EIA
New data released last week by the U.S. Energy Information Administration (EIA) reveals that LNG prices reached their lowest February closing price for the near-month contract in almost 20 years.
FERC Weighs Plan to Build Pacific Connector Pipeline in Oregon
The Federal Energy Regulatory Commission is set to decide this week on a proposed natural gas pipeline and marine export terminal in Oregon that is likely set up a court battle over state's rights if approved.
China's January Gas Consumption Falls for First Time in 2 Years
China's natural gas consumption in January saw its first year-on-year contraction in at least two years, data compiled by Chongqing Petroleum and Gas Exchange, a government-backed energy trading platform, showed on Monday.
Enbridge to Purchase Rio Bravo Pipeline from NextDecade
NextDecade Corporation and Enbridge announced that they have entered into a definitive agreement whereby Enbridge will acquire Rio Bravo Pipeline Company, LLC from NextDecade.
Dominion to Buy Southern's Stake in Atlantic Coast Pipeline
Dominion Energy said this week it agreed to buy Southern Co’s stake in the roughly $8 billion Atlantic Coast natural gas pipeline from West Virginia to North Carolina, which is expected to enter service in early 2022.
Germany Needs More Gas Power Plants: Utility, Lobby
Germany must support the construction of gas-powered generation to avoid an electricity supply crunch as it pulls out of nuclear and coal and electric vehicles increase demand, utility Uniper and gas lobby Zukunft Erdgas said on Tuesday.
US Firms Want to Expanded Portugal's Sines Port for LNG - Energy Secretary
American companies have a strong interest in expanding Portugal's deepwater port of Sines due to its strategic position for liquefied natural gas (LNG) exports to Europe, U.S. Energy Secretary Dan Brouillette said on Wednesday.
U.S. Gives Iraq Sanctions Waiver for Iranian Gas Imports
The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies, two Iraqi officials said on Wednesday.
Analysts Cut China's Gas Demand Estimates as Virus Outbreak Weighs
Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.
Ameren Illinois Plans $64 Million Pipeline Upgrades
Ameren Illinois said it will replace 12 miles of aging natural gas pipeline in two Illinois locations for a combined cost of $64 million as part of its planned system upgrades around the state.
- 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
