Business & Markets
Ukraine’s Naftogaz Reports Close to Normal Operations
Ukrainian state oil and gas company, Naftogaz, is providing daily updates on their operations, at terminals, storage facilities and field operations, including wells and pipelines.
Frontier-Kemper to Construct Tunnel for Eagle Mountain - Woodfibre Gas Pipeline
Pre-construction activities, including design, procurement and construction planning, are expected to commence in March 2022 with construction anticipated to begin in early 2023.
Germany Winding Down Sanctions-Busting Pipeline Foundation
The commercial arm of the foundation was run by an individual appointed by Nord Stream 2 AG, whose identity is not known, and its operations were and remain a secret, despite being housed within a public foundation.
Poland, Lithuania Speed Up Gas Link Amid Russia Supply Worries
A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to an LNG terminal in Lithuania.
Ukraine: Russian Troops Blow Up Gas Pipeline in Kharkiv
Ukraine said Russian troops have blown up a natural gas pipeline in the Ukrainian city of Kharkiv, but Gazprom says flows to Europe are unaffected.
Yamal-Europe Gas Pipeline Reverses After Some Westbound Flows
Russia's Yamal-Europe gas pipeline switched back into reverse mode on Sunday morning, resuming supplies from Germany to Poland after short intermittent westbound flows overnight, data from German network operator Gascade showed.
Transmed Gas Pipeline Can Increase Supply to Europe - Sonatrach
The trans-Mediterranean natural gas pipeline that links Algeria and Italy has spare capacity that can be used to increase supply to Europe, the CEO of Sonatrach said on Sunday.
Germany in Talks With Uniper over LNG Terminal
The German government has asked utility firm Uniper to resume its plans to build an LNG terminal in Wilhelmshaven as Germany steps up its plans to cut dependence on Russian gas, a newspaper reported Sunday.
Biden Says U.S., Partners Working on Global Oil Reserve Release
President Joe Biden said on Thursday the United States is working with other countries on a combined release of additional oil from global strategic crude reserves,
Oil Tops $100/Barrel on Ukraine Attack Before Easing
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine raised concerns about supply disruptions.
Major Buyers of Russian Oil Struggle with Bank Guarantees - Sources
Global oil markets were thrown into chaos by Russia's invasion of Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take its crude.
Cherniere Expects More Long-Term LNG Supply Deals in Volatile Market
Top U.S. LNG exporter Cheniere Energy on Thursday said high prices and an "extremely volatile" global market are driving more long-term supply contracts.
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and LNG should existing plans be disrupted by the Ukraine crisis, a government spokesperson said on Wednesday.
North America's Old Pipelines Seek New Life Moving Carbon
North American oil and gas pipeline companies are gearing up to compete for a budding market moving greenhouse gases to carbon capture and storage projects - by building new pipelines to transport carbon dioxide or giving new life to old, under-used ones.
Equitrans Nixes Summer Start of Mountain Valley Pipeline
Equitrans Midstream on Wednesday announced that it is no longer targeting a summer 2022 startup of its long-delayed Mountain Valley Pipeline (MVP) and is not yet able to provide an update on the project's in-service timing or overall cost.
US Slaps Sanctions on Company Building Nord Stream 2
President Joe Biden said on Wednesday the United States would impose sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine.
Argentina Launches Tender to Build New Vaca Muerta Gas Pipeline
Argentina's government launched a tender on Wednesday for the construction of the first stage of a new natural gas pipeline from the Vaca Muerta shale formation.
US Met More Than Quarter of European LNG Demand Last Year - EIA
The United States last year became Europe's largest source of liquefied natural gas (LNG), the U.S. Energy Information Administration (EIA) said on Tuesday.
Natural Gas-Fired Generators Used More in PJM Interconnection
The rapid development of shale gas resources in Pennsylvania, Ohio and West Virginia has contributed to sustained low natural gas prices, and it has encouraged the construction of natural gas-fired power plants.
Low-Carbon Hydrogen Pipeline Projects Could Reach 42 Million Tons Annual Capacity
A large proportion of hydrogen pipeline projects in the feasibility phase brings the global low-carbon hydrogen project capacity to 42 million tons per annum, GlobalData announced.
Qatar: 'Almost Impossible' to Quickly Replace Russian Gas Supplies
Neither Qatar nor any other single country has the capacity to replace Russian gas supplies to Europe with LNG in the event of disruption due to a conflict between Russia and Ukraine, Qatar's energy minister said on Tuesday.
Oil Settles Near 2014 High on Russia-Ukraine Escalation
Oil edged close to $100 a barrel on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, but pared gains to end near 2014 highs.
Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough
Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks, unless international talks end sanctions on Tehran and lead to a surge in Iranian exports.
Factbox: Europe's Options in Case of Russian Gas Disruption
Europe relies on Russia for around 40% of its natural gas. What are the region's options in the event that Russian gas deliveries are suspended or pipeline flows are impacted by war damage?
Dakota Access Pipeline Suffers US Supreme Court Setback
The U.S. Supreme Court on Tuesday rejected a bid led by Dakota Access Pipeline operator Energy Transfer to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes, leaving the pipeline vulnerable to being shut down.
Germany Must Regulate Gas Storage to Secure Supplies - Minister
Germany must introduce regulation that commits its privately operated gas storage facility to have full capacity before winter to avoid the kind of energy crunch gripping the country, Economy Minister Robert Habeck said on Monday.
LNG Supply-Demand Balance to Remain Tight in 2022 - Shell
The global LNG market is expected to remain tight this year following last year’s volatility, which saw demand rise 6% and gas prices hit an all-time high, Shell said on Monday.
NextEra Takes $800 Million Charge for Mountain Valley Pipeline
A unit of NextEra Energy recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the long-delayed Mountain Valley Pipeline.
EIA Reports: North Dakota’s Producers Meet State’s Natural Gas Capture Target
In North Dakota, the rate of natural gas flaring declined to an average of 7.5% from January through September 2021.
EIA Reports: US LNG Export Capacity to Top Other Nations by End of 2022
LNG export capacity in the United States has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s third-largest LNG exporter.
- 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
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- 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
