Business & Markets
INGAA CEO Writes to President Biden to Address New England Reliability Concerns
(P&GJ) — Interstate Natural Gas Association of America (INGAA) President and CEO Amy Andryszak sent a letter to President Biden on Monday to address New England gas-electric reliability concerns brought forward in a letter from Eversource President and CEO Joseph R. Nolan Jr.
Mauritania and BP to Explore Green Hydrogen Projects
BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday
Two New Natural Gas Reservoirs Discovered in Bahrain
Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, state news agency BNA said on Tuesday.
Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
Exxon Mobil will start conducting seismic surveys in two blocks southwest of Greece's Peloponnese peninsula and the island of Crete in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday.
UK to Announce US Gas Deal After Climate Change Summit
Britain hopes the United States will promise about 10 billion cubic meters of LNG over the coming year, the Telegraph newspaper reported, adding that discussions about the deal are in their final stages and an announcement could come in a week or two.
Stakeholder Midstream to Double Gas Capacity in Permian with Second Processing Train
(P&GJ) — Stakeholder Midstream LLC said on Oct. 26 that it reached a final investment decision on the installation of a second treating and processing train at its Campo Viejo facility. The installation of Train II will double the current inlet gas capacity from approximately 80 MMcf/d to approximately 160 MMcf/d.
Nikola, KeyState to Develop Pennsylvania’s First Low-Carbon Hydrogen Value Chain
Electric vehicle maker Nikola Corp. said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state's first low-carbon hydrogen production supply chain.
Uganda Says First Oil in April 2025, Eyes China for Pipeline Funding
Uganda aims to start commercially pumping its oil reserves in April 2025, with China being considered as a potential source of funds to develop an export pipeline, Uganda's energy minister said on Tuesday.
Energean Drilling Program Discovers More Gas Off Israel
Eastern Mediterranean-focused oil and gas producer Energean has made a commercial discovery at its Zeus exploration well off the coast of Israel and upgraded its neighboring Athena discovery, it said on Monday.
Italy's Emilia Romagna Region Backs $1 Billion Floating LNG Project in Adriatic Sea
Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic Sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies.
Gas Producer Pampa to Invest $550 Million in Vaca Muerta Shale Push Next Year
Pampa Energía, the third largest gas producer in Argentina's Neuquén basin, will invest $550 million in 2023 to increase its unconventional production from the huge Vaca Muerta shale formation, the firm's president Marcelo Mindlin said.
Trinidad Asks US to Allow Venezuelan Gas Imports for LNG Plant
The government of Trinidad and Tobago is asking the United States to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation, four sources close to the talks said.
Indonesia's Medco Energi Signs 5-Year Gas Supply Contract with Singapore
Indonesian oil and gas group Medco Energi Internasional Tbk (MedcoEnergi) has signed an agreement with Singapore to continue supplying the city state with gas for five years, beginning August 2023.
Sempra Set to Approve Port Arthur LNG Export Plant in Q1 2023
California energy company Sempra Energy said Thursday that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur LNG export plant in Texas during the first quarter of 2023.
Forty Countries Expected to Unveil Methane Plans at UN Climate Summit
Some forty of the 119 countries that pledged last year to slash emissions of the powerful greenhouse gas methane will unveil their plans to do so at the UN climate summit next week, according to a senior U.S. official.
US Sells Last Batch of Emergency Reserve Oil from Historic Release
The U.S. Department of Energy on Thursday said it sold 15 million barrels of oil from the Strategic Petroleum Reserve to six companies, completing the last batch of the largest-ever release from the stockpile announced by President Joe Biden in March.
US Natural Gas Falls 5% on Big Storage Build, Lower Demand Forecast
U.S. natural gas futures fell about 5% on Thursday on a bigger-than-expected storage build and forecasts for lower demand over the next two weeks than previously expected.
IEA: Europe Must Act Now to Avoid Winter 2023 Gas Shortages
Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency said on Thursday.
EIA: US Crude Stocks Down, Refining Runs Rise
Crude oil and gasoline stocks fell in the most recent week, while refiners ramped up activity ahead of the heating season with inventories already tight, the U.S. Energy Information Administration (EIA) said on Wednesday.
Mitsui Says Russia's Sakhalin-2 Gas Project Can Cope Without Shell
The Sakhalin-2 LNG project in Russia has enough technical expertise to operate even without departed shareholder Shell, Mitsui & Co. CEO Kenichi Hori said on Wednesday.
Centrica Reopens UK's Rough Gas Storage Site in Time for Winter
British Gas owner Centrica has reopened its Rough gas storage site off England's east coast at about 20% of its previous capacity, enough to heat 1 million homes for 100 days this winter, the company said on Friday.
US Regulators Want More Data on Texas Freeport LNG Plant Before Restart
U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its LNG export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for review.
US LNG Exports Dip in October, More Cargoes Head to Asia
U.S. LNG exports in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, according to Refinitiv Eikon tanker monitoring data, after a pipeline leak cut supplies from Malaysia.
Energy Transfer Hikes Full Year Profit Forecast on Natural Gas Demand
Energy Transfer LP's raised its full profit forecast for the third time this year, helped by an acquisition as well as strong production and demand for natural gas that it moves on its pipelines.
MPLX Reports Higher Pipeline Throughput for Q3 2022
MPLX LP's total pipeline throughputs for the third quarter 2022 were 5% higher than the same time last year, while the company increased its quarterly cash distribution by 10%, it said in an earnings statement on Tuesday.
Enterprise’s Pipelines Transport Record Volumes of Products for Q3 2022
Enterprise's pipelines moved 11.3 million barrels per day equivalent of the products, while the company's natural gas pipelines transported a record 17.5 trillion British thermal units per day, the company said.
ICE to Launch Two LNG Futures Contracts by Dec. 5
Intercontinental Exchange Inc. said it plans to launch two LNG futures contracts for northwest and southwest Europe by Dec. 5, as talks among EU countries to cap gas prices continue.
New Fortress Energy, CFE Finalize Deal for FLNG Hub Offshore Mexico
(P&GJ) — New Fortress Energy Inc. has finalized its agreements with Comisión Federal de Electricidad (CFE) to create a new FLNG hub off the coast of Altamira, Tamaulipas, with CFE supplying requisite feedgas to multiple NFE FLNG units using CFE’s existing and underutilized pipeline capacity.
Schlumberger, Linde to Collaborate on Carbon Capture Projects
(P&GJ) — Schlumberger and Linde have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.
Hydrogen Takeoff, Grounded in Safe Pigging Operations
(P&GJ) — As a critical medium for storing and transporting large volumes of renewably produced energy over long distances, hydrogen is expected to help fuel the drive to net-zero emissions. According to the International Energy Agency (IEA), over the next 25 years, hydrogen demand is expected to grow six-fold from today’s levels.
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
