Business & Markets
Challenging Tethered ILI of a Crude Pipeline in the Caribbean
In most cases, inline inspections (ILI) follow a basic principle: what goes into the pipeline at one end must come out at the other. Sometimes, it is not that simple.
India Moves to Modernize, Expand Gas Pipeline Network
Indian government says that it foresees an increase in the share of natural gas in the country’s energy mix – from 6% in 2021 to 15% by 2025. A total of $60 billion of new investment planned in the country’s natural gas infrastructure by 2024, with most of that coming from the private sector.
Exxon Joins Oil Majors Eni, Conoco in Qatar's Mega-LNG Expansion Project
QatarEnergy on Tuesday signed a deal with Exxon Mobil Corp. for the Gulf state's North Field East expansion, the world's largest LNG project, following agreements with TotalEnergies, Eni and ConocoPhillips.
Austria Returns to Coal After Russia Halves Gas Deliveries
Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restricted gas supplies from Russia result in an energy emergency.
Ukraine to Tap 109 MMcm/d of Spare Gas Capacity to Offset Nord Stream 1 Flows
Ukraine has around 109 million cubic meters a day (MMcm/d) of spare gas capacity through a transit route to Europe which could be used to offset lower flows through the Nord Stream 1 pipeline, Ukraine's gas transmission operator said on Monday.
ConocoPhillips Earns Stake in Qatar’s $30 Billion LNG Expansion Project
ConocoPhillips has signed a deal with QatarEnergy on Monday for a 3.12% stake in the North Field East expansion project, the world's largest LNG project, following agreements with TotalEnergies and Eni.
Russia's Novatek to Launch Construction on Arctic LNG 2 Project in 2023
Leonid Mikhelson, the chief executive of Russian gas producer Novatek, said on Friday that the company aimed to start the first line of its Arctic LNG 2 project in 2023.
Argentina Contracts Tenaris for 350-Mile Pipeline Project to Move Gas from Vaca Muerta
Energia Argentina has signed a contract with Tenaris to complete the 563-km (350-mile) Presidente Nestor Kirchner Gas Pipeline, which will transfer natural gas from the Vaca Muerta shale formation and allow Argentina to forgo costly LNG imports.
Sources: Tug Hill Explores Sale of Natural Gas Producer THQ Appalachia, Pipeline Firm XcL Midstream
Tug Hill and Quantum Energy are exploring a sale of U.S. natural gas producer THQ Appalachia I LLC and XcL Midstream, a pipeline firm that moves THQ's gas to market in a deal that could fetch more than $5 billion, sources told Reuters on Friday.
Lebanon, Egypt to Finalize Gas Import Deal on June 21
Lebanon will sign a "final" agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon's stricken economy.
Qatar Advances Talks with China Over Investment in Gas Field Expansion Project
China's national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest LNG project and buy the fuel under long-term contracts, Reuters reported on Friday.
Targa Resources to Acquire Permian Gas Gathering, Processing Assets in $3.55 Billion Deal
Targa Resources has agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, a deal that includes a portfolio of about 1,050 miles of natural gas pipelines in the Delaware Basin.
Shell Plans to Build Larger Ships for CO2 Transport Over Longer Distances
Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (CCS) business globally, the oil major said.
Philippines' First Gen Asks DOE for Extension on LNG Terminal Project
Philippine power producer First Gen Corp. has asked the Department of Energy to extend its permit to construct an offshore LNG terminal in the country by six months due to circumstances delaying the project.
Italgas Plans to Invest $4.7 Billion to Upgrade Gas Pipeline Network in Italy
Italgas plans to invest $4.7 billion to 2028 to complete the upgrade of its domestic Italian network, which includes 74,000 km (46,000 miles) of regulated gas pipelines, the company said on Wednesday.
Gazprom Cuts Gas Exports to Italy by 15% Following Nord Stream Pipeline Disruptions
Russia's Gazprom cut its gas exports to Italy by around 15% on Wednesday, Italian energy firm Eni said, a move that comes as the Russian group is also curbing its gas supplies via the Nord Stream 1 pipeline, blaming Western sanctions for disrupting repair works it needs to do on the network.
Aemetis Completes 20 Miles of California RNG Pipeline, Gets OK for Final Stage of Construction
Aemetis Inc. has completed 20 miles of renewable natural gas (RNG) pipeline and received approval for construction of an additional 19 miles in Merced County, California, with project completion set for the fourth quarter of 2022.
US to Sell Up to 45 Million Barrels of Oil from Historic SPR Release
The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Strategic Petroleum Reserve as part of the Biden administration's previously announced, largest-ever release from the stockpile.
EU, Israel and Egypt Ink Framework Deal to Boost East Med Gas Exports to Europe
Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports.
Natural Gas Companies Look to Hydrogen to Extend Life of US Pipelines
Natural gas companies plan to use hydrogen and renewable natural gas made from landfills or agricultural waste to extend the life of existing pipelines in a future carbon-free world, energy executives said at the Reuters Global Energy Transition conference on Tuesday.
LNG Tanker Charter Rates Hit Record Highs as Demand Soars
Spot-market rates for LNG tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.
West Africa Wants Eni to Start Production at Newly Discovered Field to Meet Gas Demand
Ivory Coast wants Italy's Eni to bring its recently discovered offshore field to full production earlier than a planned 2026 timeline to meet local and regional gas demand, its mines and petroleum minister said on Tuesday.
Southwestern Energy, Uniper Ink Supply Agreement for Responsibly Sourced Gas
Gas producer Southwestern Energy Co. has signed a multiyear, certified Responsibly Sourced Gas sales agreement with Uniper, one of Germany’s largest publicly listed energy supply companies.
Nord Stream Gas Capacity to Europe Constrained by Repair Delays
The capacity of Gazprom's Nord Stream 1 pipeline to supply gas to Europe is partly constrained as sanctions make it impossible for equipment supplier Siemens Energy to return a turbine being maintained in Canada, the companies said.
DNV Confirms Feasibility and Maturity of EastMed Gas Pipeline
DNV has issued confirmation of the feasibility statement of the EastMed gas pipeline, a 2,000-km (1,242-mile) long onshore and offshore natural gas conduit project meant to connect offshore gas reserves from the Levantine Basin to Greece and further to southeastern European countries.
ONGC Expects Sanctions to Further Delay Russia's Sakhalin 1 Oil Project
Operations at Russia's Sakhalin 1 oil project will continue to face disruptions for 'a couple of months' as Western sanctions have hit insurance cover for ships to transport crude, according to India's ONGC Videsh, a stakeholder.
Tanzania Signs Gas Project Deal with Equinor, Shell
Tanzania has signed a framework agreement with Norway's Equinor and Britain's Shell that will bring closer the start of construction of a $30 billion LNG export terminal.
Poland to Auction Capacity on Gas Links with Denmark, Slovakia, Lithuania
Poland's state-owned gas pipeline operator Gaz-System will next month auction capacity to ship the fuel via new interconnections with Denmark, Slovakia and Lithuania.
TotalEnergies Wins Stake in Qatar's LNG Expansion Project
TotalEnergies has signed a partnership deal with QatarEnergy for the North Field East LNG expansion project, which will include six LNG trains that will ramp up Qatar’s liquefaction capacity from 77 MTPA to 126 MTPA by 2027.
Mexico’s President Pledges New Gas Pipeline, Liquefaction Plant in Oaxaca
Mexican President Andres Manuel Lopez Obrador has pledged to see through the completion of a gas liquefaction facility in Oaxaca as well as a new pipeline to serve the facility, committing an investment of $6 billion.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Energy Transfer Receives 16 Bcf/d Natural Gas Requests Amid Growing Data Center, Power Needs
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
- Macquarie, Dow Launch $2.4 Billion Gulf Coast Pipeline Infrastructure Partnership
