Business & Markets
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.
Hungary Accuses Ukraine of Meddling as Hungary Signs Russia Gas Pact
Russia, which used to ship natural gas primarily through Ukraine, has diversified export routes, constructing the undersea Nord Stream pipelines direct to Germany and the TurkStream link from Russia to Turkey.
Protesters in Eastern Sudan Shut Oil Import Pipeline
Protesters in eastern Sudan shut a pipeline that carries imported crude oil to the capital Khartoum, but there are enough reserves for the country's needs for up to ten days, the ministry of energy and oil said on Saturday.
Texas Railroad Commission: Statewide Gas Flaring Falls to Lowest Rate in Years
In July, the statewide flaring rate in Texas fell to its lowest rate in years according to Railroad Commission data, falling by more than 75% since August 2019.
U.S. NatGas Futures Rise on Cooler Weather, Rising Heating Demand
U.S. natural gas futures climbed to a one-week high on Friday as some parts of the country start to crank up their heaters with the coming of cooler weather and as near record global gas prices keep demand for U.S. LNG exports high.
Sources Say U.S. Gas Producer Gulfport Energy Explores Sale
Gulfport is currently seeking to renegotiate two contracts with pipeline companies. Scrapping them could help it save money.
U.S. NatGas Futures Rise on Soaring Global Prices, Low Output
U.S. natural gas futures rose from a two-week low on Thursday as soaring global gas prices kept demand for U.S. LNG exports high and output remained sluggish after Hurricane Ida in late August.
Ukraine Says it Will Not Offer Extra Interruptible Gas Transit Capacity for October
Ukraine's gas pipeline operator will not offer additional interruptible transit capacity for Russian gas to Europe for October as supplier Gazprom has not booked any extra guaranteed capacity, the operator said on Thursday.
Cheniere Louisiana Sabine 6 LNG Export Unit Moves Closer to Entering Service
U.S. energy regulators on Wednesday gave Cheniere Energy Inc. permission to introduce feedgas to commission parts of the sixth liquefaction train at the U.S. LNG company's Sabine Pass LNG export plant in Louisiana.
Soaring Gas Prices Ripple Through Heavy Industry, Supply Chains
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.
Tribes Say Dakota Access Oil Pipeline's Environmental Review is Biased
Native American Tribes including the Standing Rock Sioux Tribe told the U.S. Army Corps of Engineers that the environmental study on Dakota Access oil pipeline is biased and urged the Biden administration to bring in the U.S. Interior Department.
ROSEN to Study Hydrogen Pipeline Transportation with Expanded Material Testing Capabilities
ROSEN Group is expanding its existing material testing capabilities and dedicating a separate section to the topic of hydrogen to help ensure the hydrogen economy will have the safe and efficient infrastructure it will need to function.
Why a Crisis Over European Gas Prices Caused Panic About CO2 Supplies
Britain struck a deal with a major producer of fertilizer and carbon dioxide to restart two plants which had halted operations due to soaring prices for natural gas. The closures had led to fears that the production of a wide range of food and drinks could be shut down within days.
First Element '21: Panelists Discuss H2 Transportation Policy and Infrastructure in U.S.
Gulf Energy’s Inaugural First Element Conference kicked off this month with a keynote panel discussion with leaders from Chevron, Cummins and Toyota sharing insights on hydrogen in transportation. The conference is available to view on demand.
U.S. Hurricane Damage to Cut Shell Oil Output Through Year-End
Damage to offshore transfer facilities from Hurricane Ida will cut production into early next year, slashing deliveries of a type of crude oil prized by refiners. The prolonged shut-in of the WD-143 platform would also affect smaller operators which use the Mars pipeline.
GTI’s Hydrogen Technology Center to Research U.S. Clean Energy Distribution
Kristine Wiley was recently named vice president of GTI’s Hydrogen Technology Center, which will facilitate increased use of hydrogen in an integrated energy system to meet the challenges of decarbonization.
Shell Exits Permian with $9.5 Billion Texas Shale Sale to ConocoPhillips
Royal Dutch Shell said it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.
Dakota Access Pipeline Asks U.S. Supreme Court to Scrap Environmental Study Order
Dakota Access asked the U.S. Supreme Court to revisit whether the largest pipeline out of the North Dakota oil basin requires additional environmental review.
UK has Plans to Protect Consumers from Soaring Gas Prices – Business Minister
Britain has plans in place to protect the market and consumers from soaring global gas prices, business minister Kwasi Kwarteng said on Sunday following a meeting with the head of energy regulator Ofgem.
Norway to Raise Gas Exports to Europe as Prices Soar
Norway will allow state-controlled Equinor and its partners to increase gas exports from two offshore fields for the next 12 months amid concerns over a shortage of European gas supplies that have sent prices soaring.
Syria Says Gas Pipeline at Deir Ali Power Station Resumes After Islamic State Attack
The gas pipeline at the Deir Ali power station has returned to operation after completion of repairs, the Syrian Ministry of Oil announced on Saturday, according to Syrian state TV.
Group of EU Lawmakers Seeks Probe of Gazprom's Role in Gas Price Surge
A group of European Parliament lawmakers has asked the European Commission to investigate Gazprom's role in soaring European gas prices, saying the company's behavior had made them suspect market manipulation.
Manufacturers Urge DOE to Require Reduction in LNG Export Rates
The Industrial Energy Consumers of America sent a letter urging the U.S. Department of Energy to take immediate action to prevent a supply crisis and price spikes for consumers this winter.
Russia's Gazprom Says Europe Gas Prices Could Set New Records
Already high natural gas prices in Europe could scale new heights due to low gas storage levels, Alexei Miller, boss of Russian supplier Gazprom, said on Friday.
Russian Diamond Producer Tests CO2 Capture Potential by its Ore
State-controlled diamond producer Alrosa has teamed up with Russian scientists to test the ability of its processed ore to absorb carbon dioxide, the company said, adding that initial results of the study have been promising.
Italgas Expects DEPA Deal to Drive Earnings as Greece Looks to Gas
Italgas is working to ready its pipelines in Italy to carry biogases in the future and its experience could be transferred to Greece.
Program to Pacify Nigeria's Oil Delta Stalled by Corruption, its Boss Says
Before the amnesty program, the region had experienced years of full-blown conflict, with armed groups blowing up pipelines and flow stations, kidnapping oil workers and fighting the armed forces.
Oil Slips to $75 as U.S. Storm Threat Wanes
Oil slipped to about $75 a barrel on Thursday, falling from a multi-week high a day earlier, as the threat to U.S. Gulf production from Hurricane Nicholas receded.
Maryland Cove Point LNG Export Plant to Start Work Next Week
Officials at Berkshire Hathaway Energy on Wednesday confirmed the pipeline and compressor station maintenance will start on Sept. 20 but would not confirm the shutdown of the liquefaction plant until about the day before an outage.
Gulf Coast Oil Companies Return to Ida Recovery as Nicholas Recedes
Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.
- 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
