Business & Markets
Gazprom's Nord Stream 2 Can Challenge EU Rules, EU Court Adviser Says
Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.
Dominion to Sell Questar Pipeline to Southwest Gas in Near $2 Billion Deal
Dominion Energy said on Tuesday it has agreed to sell Questar Pipeline to Southwest Gas Holdings Inc. in a deal valued at $1.975 billion.
California Port Where Spill Occurred had Numerous Ships Waiting to Unload
Ships in record numbers have jammed the port complex near this weekend's oil spill in California, according to port data, as investigators look into whether a ship's anchor could have hit a pipeline to cause the leak.
EU Looking into Complaints that Russia Stoking Gas Price Surge
The European Commission is looking into complaints by some EU countries that Russia is using its position as a major supplier to propel the soaring price of gas in Europe, the bloc's energy policy chief said on Tuesday.
Canada Formally Invokes 1977 Pipeline Treaty with US Over Line 5 Dispute
Canada formally invoked a 1977 treaty with the United States to request negotiations over Enbridge Inc.'s Line 5 pipeline, escalating a long-running dispute over one of Canada's major oil export pipelines.
California Oil Spill Cause Probed; Storm Threatens Cleanup
Federal and state investigators were focusing on a 41-year-old pipeline as the likely source of an oil spill that killed wildlife and fouled the coast of southern California, and an approaching storm threatened cleanup efforts.
Future-Proofing US Pipelines with Hydrogen
The construction of additional natural gas, crude oil and fuel pipeline across North America is being challenged by environmental and climate action measures by the public as well as politicians.
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.
Stonepeak to Buy Teekay LNG in $6.2 Billion Deal to Tap Surging Gas Demand
Stonepeak is offering $17 per unit, which represents a premium of 8.3% to the closing price of Teekay LNG's common units on Oct. 1. Excluding Teekay's debt, the deal is for $1.5 billion, and the companies expect to close the deal by the end of 2021.
Hungary Receives Gas Shipments from Ukraine, Pipeline Operator Says
Russian gas producer Gazprom under a long-term supply deal with Budapest that took effect on Friday is set to supply Hungary with gas via Serbia and Austria instead of through Ukraine.
Sentinel Midstream, ExxonMobil Form Enercoast Midstream to Serve Houston Energy Market
Sentinel Midstream Texas announced the formation of a joint venture with ExxonMobil Pipeline Company that owns crude oil pipelines and related transportation infrastructure in the Houston area.
Russia's Gazprom Starts Transport Gas Via TurkStream, Awaits Nord Stream 2 Approval
Russia's Gazprom said it has started transporting gas to Hungary and Croatia on Friday via the TurkStream pipeline.
Bulgaria Hikes Natural Gas Price by 36.2% in October
Bulgaria's energy regulator approved a 36.2% increase of the wholesale natural gas price as of October following a request by Bulgargaz, the Balkan country's main gas provider and public supplier.
Ukraine Demands Sanctions on Russia's Gazprom After Kyiv Loses Gas Imports
Ukraine called on the United States and Germany to impose sanctions on Russia's Gazprom, which it accused of using energy as a weapon after the energy giant implemented a transit deal with Hungary.
European Gas Prices Hit All-Time Highs as Russian Flows Slump
European gas prices surged to all-time highs on Friday as Russia kept a tight lid on supply, signaling further price pressures on consumers heading into the winter season.
SoCalGas Testing Hydrogen Blending in Infrastructure and Appliances in Closed Loop System
Technicians are measuring the performance of common household appliances like stoves, wall heaters and forced-air furnaces when they are fueled with a blend of hydrogen and natural gas.
Kinetrex Energy and Wabash Valley Power Announce Construction on 3 RNG Facilities
The new RNG facilities are designed to capture methane produced from landfills and convert that methane into pipeline-quality natural gas.
Poland Joins Calls for EU Action on Energy Price Spike
Poland has joined a growing group of countries seeking European Union action to curb surging gas and energy prices, as governments take steps to protect consumers from higher bills.
AGA Chair Anderson Continues Theme of People, Planet and Potential
AGA Chair David Anderson’s 30 years of industry experience and extensive involvement with both AGA and NGA provide him with a broad industry perspective.
Bolivia’s YPFB Transporte to Boost Gas Pipelines Capacity
YPFB Transporte S.A.’s objectives for 2021 are to increase natural gas production and meet the growing demands of the domestic market, such as respecting the contracts with Brazil and Argentina.
Explainer: Global Energy Shortage or a Coincidence of Regional Crises?
There is a broad-based rebound in energy demand from lows hit during the depths of the coronavirus pandemic that has raised prices for oil, gas and coal; ongoing supply restrictions by oil cartel OPEC; and global transport bottlenecks that have complicated fuel distribution.
Putin Says Turkey Safe from Gas Crisis Thanks to TurkStream Pipeline
Russian President Vladimir Putin told his Turkish counterpart Tayyip Erdogan that Turkey is shielded from a gas crisis, which has gripped Europe, thanks to the Russian-built TurkStream gas pipeline.
Lithuania Expects Polish Gas Link Construction Completion This Year
A pipeline designed to connect the gas grids of Lithuania, Estonia, Latvia and Finland to continental Europe will begin operating in the second half of 2022 after a delay of almost a year, the Lithuanian energy minister said.
U.S. Appalachian Gas Pipeline Projects Go by the Wayside
Many of the proposed pipelines to deliver gas to the Appalachian region have been scuttled in recent years, running into opposition to fossil-fuel infrastructure, regulatory problems, or protests from environmental groups.
Brent Dips After Topping $80 a Barrel, Highest Since October 2018
Brent oil dipped on Tuesday after topping $80 per barrel for the first time in nearly three years, as a five-day rally ran out of steam with investors locking in profits.
Enbridge Announces Low-Carbon Fuel Deals with Vanguard, Shell
Enbridge Inc. said on Tuesday it had signed partnerships with Royal Dutch Shell and Vanguard Renewables to make low-carbon fuels, as the Canadian pipeline operator aims to cut its greenhouse gas emissions.
Tallgrass to Track, Measure Emissions on U.S. Interstate NatGas Pipeline
Tallgrass Energy Partners will begin monitoring emissions, including methane and other greenhouse gases, on its Rockies Express Pipeline, making it the first U.S. company to do so an interstate natural gas pipeline.
PennEast to End Development of Pennsylvania-New Jersey Natural Gas Pipeline
PennEast Pipeline said on Monday it would cease development of the natural gas pipeline it had proposed to build from Pennsylvania to New Jersey in part because the project has not yet received all the required permits.
Vitol CEO Sees Global Gas Market Set for Reasonably Bullish 5-Year Outlook
Global gas prices are at "extreme levels" due to low inventories and strong demand in Europe and China, and the market is set for a reasonably bullish five-year outlook, said Russell Hardy, CEO of Vitol.
Sudan Protesters Agree to Resumption of South Sudanese Oil Exports
Sudan's government reached an agreement with tribal protesters to allow the resumption of exports of landlocked South Sudan's crude oil via a terminal on the Red Sea, Sudanese officials said.
- 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