Business & Markets
Kellas Midstream Developing Low-Carbon Blue Hydrogen Hub in Teesside, UK
The project, called H2NorthEast, would require construction of a 1GW facility producing blue hydrogen utilizing UK North Sea natural gas which is transported to the CATS terminal by a 400 km (249 mi) pipeline.
Crestwood Equity to Boost US Shale Footprint With $1.8 Billion Deal
Oil and gas pipeline operator Crestwood Equity Partners LP will buy Oasis Petroleum Inc.'s midstream unit in a $1.8 billion deal to expand its footprint in United States shale basins.
Exxon Calls for Carbon Price, Working on CCS Projects Across Asia
Exxon Mobil Corp is pursuing carbon capture storage hubs across Asia and has started talks with some countries with potential storage options for carbon dioxide, the company's head of low carbon solutions said.
Canada Boosts US NatGas Exports, Drills More as Global Prices Surge
Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity.
FERC Chairman Urges Northeast Generators to Buy Fuel Before Winter
Glick told utilities to line up fuel supplies because the Northeast does not have enough gas pipeline capacity for both heating and power generation on the coldest days.
Ukraine Offers to Increase Gas Transit to Europe
Ukraine is ready to increase its gas transit to Europe by 55 bcm and is also ready to meet a request to pump more gas to Moldova to plug shortfalls there.
Poland's PGNiG Does Not Expect to be 'Forced' to Buy Russian Gas After 2022
Polish gas company PGNiG does not expect it will have to buy Russian gas after its long-term contract with Gazprom expires in 2022, but does not exclude spot purchases.
Citgo Boards in Last-Ditch Talks with Washington to Keep Creditors at Bay
The supervisory boards of Venezuela-owned Citgo Petroleum have held talks with U.S. officials in Bogota, Colombia, seeking to extend Washington's protection while Citgo pursues negotiations with creditors.
Shell Expects Ida-Hit Offshore Facility to Restart in November
Shell expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected.
German Regulator in Touch with Nord Stream 2 Over Certification Issues
Germany's energy regulator said on Friday that it is in touch with the Nord Stream 2 gas pipeline consortium and expects it will provide assurances that the project meets the regulator's requirements.
PipeChina Invests $3.8 Billion to Boost Gas Infrastructure Ahead of Winter
China Oil and Gas Pipeline Network, or PipeChina, said it has invested 24.45 billion yuan ($3.8 billion) to expand its gas infrastructure, aiming to add a daily gas supply capacity of 60 million cubic meters by end of this year.
Texas Pipeline Operator Altus to Combine with Blackstone-Backed BCP Raptor
Altus Midstream Co. said it would merge with BCP Raptor, a holding company for pipeline assets in the Permian Basin owned by investment firms, with the combined entity to be valued at $9 billion inclusive of debt.
Polish PGNiG Says Nord Stream 2 Will Increase Risks for EU Gas Supplies
The Nord Stream 2 pipeline will increase threats to the security of gas supplies to the European Union, Polish gas giant PGNiG said in a submission as part of the certification procedure for the pipeline's operator.
Putin Says Nord Stream 2 Can Sell Gas to Europe Upon German Approval
Russia can start supplies of natural gas to Europe via the Nord Stream 2 pipeline as soon as it gets the green light from Germany, President Vladimir Putin said.
From Abandoned Fields to Salt Caves, Gazprom's Gas Storage is Almost Full
Russia, whose gas production and exports to European Union are already near record highs, said last week it needed to finish filling its own gas storage reserves before it could increase supplies to Europe's spot market.
Sources: US Slowing Down Oil and Gas Mergers
Regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden's administration scrutinizes deals in a bid to tackle soaring energy prices.
Putin Says Gas Crisis Could Yet Hurt Russia
The European gas crisis can yet bite Russia, President Vladimir Putin said, should soaring prices feed into inflation, further boosting the cost of essentials such as food, or reduce demand for fuel.
Exxon Board Debates Dropping Several Major Oil and Gas Projects
The board members expressed concerns about some projects, including a $30 billion LNG development in Mozambique and another multibillion-dollar gas project in Vietnam, the WSJ report said.
Guyana Planning 135-Mile Subsea Pipeline for Gas-Fired Power Plant
Guyana’s government expects work to begin on a major gas-fired power plant next year, which will be constructed with the expectation of a 220-kilometer (135-mile) pipeline also being built, Bloomberg reported.
Enbridge Briefly Shut Down Line 5 After Protesters Tampered with Pipeline
Enbridge Inc. shut down its Line 5 oil pipeline for several hours on Tuesday after protesters trespassed onto a facility in Michigan and tampered with the pipeline, an Enbridge spokesman said on Wednesday.
Greens Co-Leader: Germany Must Resist Russian 'Blackmail' Over Pipeline
The co-leader of Germany's Green Party accused Russian "blackmail" of causing high energy prices across Europe, saying Moscow is trying to leverage Germany to allow the Nord Stream 2 Baltic gas pipeline to begin operations.
Head of Ukraine's Naftogaz Accuses Russia of Blackmailing Europe Over Gas
The head of Ukraine's state energy company Naftogaz said Russia was trying to blackmail Europe into certifying its Nord Stream 2 pipeline by keeping natural gas supplies lower.
Dakota Natural Gas Expanding Access with Pipeline Project
Dakota Natural Gas completed construction of its 35-mile pipeline to deliver natural gas from Viking pipeline in Minnesota, which will help the company provide natural gas to hundreds of new customers in North Dakota.
US Natural Gas Slides on Mild Weather Forecasts, Lower Demand
United States natural gas futures slipped to a near four-week low on Tuesday on forecasts for milder than normal weather and lower than usual heating demand through early November.
Liquid Leak Shuts Britain's Easington Gas Processing Terminal, Norway Flows Unaffected
Britain's Easington gas processing terminal was fully shut down on Monday after a liquid leak was detected, British Gas said, but the flow of gas from Norway was unaffected, according to pipeline operator Gassco.
Colombia ELN Guerrillas Claim Responsibility for Attacks on Oil Pipeline
Left-wing guerrillas from the National Liberation Army in Colombia have claimed responsibility for an attack against a pipeline used to transport crude to the country's most important refinery.
Nord Stream 2 Fills First Line with Gas Ready for Export
The operator of the Russia-led Nord Stream 2 gas pipeline on the bed of the Baltic Sea said the first of the project's two lines has been filled with so-called technical gas, while still awaiting clearance to start sales to Europe.
Supreme Court Refuses Stay Request for Spire Missouri NatGas Pipe
Spire has warned that the shutdown of the 65-mile (105-km) pipeline could cause gas outages for as many as 400,000 in St. Louis this winter.
Spain's Enagas Frees Up Extra Space for LNG to Stabilize Supply in Volatile Market
Spain's gas system operator Enagas has sold extra space for LNG deliveries this winter in a bid to stabilize supply as voracious global demand forces up energy prices.
Hungry for Fuel, China Looks to the US, Europe Eyes Relief Plans
China's energy crisis deepened on Friday with coal prices hitting a record high as cold weather sweeps in and soaring gas prices prompting major energy companies to seek long-term deals with U.S. suppliers.
- 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
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
