Business & Markets
Montauk Renewables to Build Biogas Facility in Orange County, California
Capital investment for the project is estimated between $85 million and $95 million, the company said, with its commissioning expected in 2026 to produce about 3,600 million British thermal units per day.
MVP Pipeline Foes Say Congress Can't 'Mandate Victory' for the Project
A provision of the U.S. debt ceiling bill that streamlined the federal approval process for the $6.6 billion Mountain Valley Pipeline and limited court reviews of challenges to the project violates the U.S. Constitution’s separation of powers doctrine, opponents of the pipeline have claimed.
Mexico's CFE and ESENTIA Sign $300 Million Memorandum for Gas Project
Mexican state power utility Comision Federal de Electricidad (CFE) said on Tuesday it had signed a memorandum of understanding with ESENTIA Energy Systems to develop natural gas infrastructure with a $300 million investment.
Oil Shippers on Canada's Trans Mountain Expansion Dispute Pipeline Tolls
Oil shippers on the Trans Mountain expansion project are challenging proposed pipeline tolls filed by Canadian government-owned Trans Mountain Corp. with regulators last month, citing concerns about significant cost increases.
Russian Firm Asks Venezuela to Match Chevron Oil-for-Debt Deal
A Russian oil firm is asking Venezuela's state-run company PDVSA for permission to take control of exports from their joint ventures to revive cash flow from the five companies, which have been hard-hit by U.S. sanctions, two people involved in the talks said.
TotalEnergies Faces Second Lawsuit Over Uganda Oil Projects
The French and Ugandan groups, led by Friends of the Earth France, accuse the energy company of failing to protect people and the environment from its Tilenga oil development and the $3.5 billion East African Crude Oil Pipeline (EACOP).
EIA: Texas, Louisiana LNG Exporters Had Nearly Half US Natural Gas Demand Growth in Last Decade
Texas and Louisiana, two states on the U.S. Gulf Coast that produce and export LNG, accounted for nearly half the domestic demand growth for natural gas in the last decade, the Energy Information Administration (EIA) said on Tuesday.
Portugal's Grid Ready to Transport 10% Hydrogen This Year
Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry up to 10% share of green hydrogen as early this year, the company said on Thursday.
Piñon Midstream Expands Dark Horse Facility for Sour Gas Treatment, Carbon Capture
(P&GJ) — Piñon Midstream has enhanced the sour gas treatment capacity at its Dark Horse Facility in the Delaware Basin with a second AGI well, enabling up to 500 MMcf/d treating capacity.
Cheniere Signs LNG Supply Deal with China's ENN
Cheniere Energy said on Monday it will supply 1.8 million tonnes of LNG per annum to China's ENN Natural Gas for over 20 years.
Nigeria Investigates Shell's Trans Niger Pipeline Spill
Nigerian authorities and Shell's local subsidiary were on Monday investigating the cause of a spill on the Trans Niger pipeline that lasted several days.
Energy Transfer to Continue Lake Charles LNG Project Despite DOE Rehearing Denial
Pipeline operator and LNG developer Energy Transfer on Friday said it will continue construction of its Lake Charles LNG project despite a rehearing denial by the U.S. Department of Energy.
Venture Global LNG Signs 20-Year Contract with German Energy Firm
U.S LNG developer Venture Global LNG on Thursday said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 MTPA of LNG.
Shell Resumes Maintenance at Key Norway Gas Terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.
BP, Shell Ink 20-Year LNG Supply Deal with Australia's Tamboran
Under the deal signed with BP Singapore and Shell Eastern Trading, Tamboran will supply 2.2 million tonnes of LNG per annum each over a 20-year period from the NTLNG project.
US Mountain Valley Gas Pipeline Moving Forward, Capacity May Be Limited
The $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction.
DOE Refuses Pipeline Operator Energy Transfer's Rehearing Request for LNG Project
The U.S. Department of Energy (DOE) will not rehear pipeline operator Energy Transfer's request for a second extension of its Lake Charles LNG export project. The decision could spell an end to the project, according to the company's own filings with the DOE.
Romania Could Be Net Gas Exporter in Coming Years with Neptun Project
Romania could become a net exporter of gas in the coming years as the Neptun Deep Black Sea gas project, expected to begin production by 2027, comes online, the heads of the companies running the project said on Thursday.
EIA: US Crude Inventories Post Surprise Draw, Fuel Stocks Rise
U.S. crude stocks posted a surprise draw in the last week, helped by strong export demand and low imports, while gasoline and distillate inventories rose, the Energy Information Administration said on Thursday.
Report: Israel's Gas Reserves Grew by 40% Over Past Decade
Israel's gas reserves grew from 780 billion cubic meters (Bcm) in 2012 to 1,087 Bcm at the end of 2022, while 119 Bcm was extracted over the same period, the report said.
US Oil Stocks at Cushing Delivery Hub Hit 2-Year Peak
Stockpiles at Cushing, the delivery point for U.S. crude oil futures, have climbed for eight consecutive weeks after falling earlier this year. Overseas demand for U.S. crude and an end to refinery outages should reverse the build, analysts said.
Pipeline Operator CPC to Spend $200 Million to Resolve Bottleneck Issues, $100 Million on Repair Work
The CPC, which handles about 1% of global oil, will spend roughly $200 million to complete its program to remove bottlenecks, and about $100 million would be allocated for the replacement of pumps and valves as well as repair work.
US Shale's Muted Reply to OPEC Oil Cuts to Limit Supply, Executive Says
Muted increases in U.S. oil production and cuts by the OPEC+ producing-nations group will limit crude supply in the months ahead, pushing up prices, an executive at U.S. shale producer EOG Resources said on Wednesday.
Japan’s Mitsui to Keep Stake in Russian LNG Project
Mitsui and its peer Mitsubishi Corp retained their 22.5% combined stakes in Sakhalin-2 after the Kremlin ordered the establishment of a new locally-based operating company in retaliation for Western sanctions imposed on Moscow after it sent troops to Ukraine last year.
Iowa Regulators to Begin Permit Hearing For ‘Largest’ Carbon Pipeline in US
Whether Iowa-based Summit Carbon Solutions can obtain a permit in its home state, which would house the most pipeline miles of its proposed 2,000-mile, five-state route, is a critical test for the company and the carbon capture and storage (CCS) industry.
Equinor, Cheniere Sign LNG Agreement for Sabine Pass Expansion
Houston, Texas-based Cheniere said the supply agreement will help support the proposed expansion of its Sabine Pass natural gas plant in Louisiana.
South Africa Partners With Dutch, Danish Governments On $1 Billion Green Hydrogen Fund
South Africa's energy transition plan envisages setting up an ecosystem and export hub for green hydrogen, which is made using renewable energy and without producing greenhouse gas emissions.
Russia’s Novatek Seeks Gas Export Rights for Future LNG Plant
Novatek announced plans earlier this month to build the Murmansk LNG plant, which will have an annual capacity of 20.4 million tonnes per year. The first line at the plant could start operations in 2027.
Cyprus Makes Plans For Shorter Pipeline Link to Israeli Gas Fields
Rather than the 1,243 mile EastMed pipeline to continental Europe, the new government is proposing a much shorter one linking Cyprus to fields off Israel. Once in Cyprus, the gas could be converted to LNG and shipped to Europe.
QatarEnergy, CNPC Partner to Delivery LNG to China in Industry’s ‘Longest’ SPA
QatarEnergy signed definitive agreements with China National Petroleum Corporation (CNPC), covering the long-term supply of LNG to China and partnership in the North Field East LNG expansion project (NFE).
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- Equitrans to Begin Construction on Ohio Valley Connector Expansion Project
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
