Business & Markets

Delfin Plans Final Decision on US Gulf of Mexico LNG Project in 2022

Delfin's project would use existing offshore pipelines to supply gas to up to four vessels that could each produce about 3.5 million tons per annum of LNG.

Enbridge’s Cameron Extension Pipeline Project Nearing Completion

Texas Eastern Transmission’s Cameron Extension pipeline project in southwestern Louisiana was on track to be mechanically complete in October, leading to a November 2021 in-service.

Mega-Field of Zama Draws Big Investment in Mexico

Although Pemex has yet to present a development plan for the Zama oil field, exploration company Talos Energy recently said its value, regardless of operator and equity splits, will be in “multiples of invested capital to date.”

Safety Techniques for Aboveground Natural Gas Pipelines

There are a variety of techniques used to enhance the safety of aboveground natural gas pipelines. Coatings to minimize corrosion are an example of a safety aspect used by natural gas operators.

Turkish President Says Cost Concerns Force US Rethink on EastMed Gas Pipeline

The United States has pulled its support for a subsea pipeline that would supply natural gas from the eastern Mediterranean to Europe because it makes no economic sense, Turkish President Tayyip Erdogan said.

Germany Could Halt Pipeline if Russia Attacks Ukraine, Scholz Signals

Germany may consider halting the Nord Stream 2 pipeline if Russia attacks Ukraine, Chancellor Olaf Scholz signaled on Tuesday, as pressure grew on his government to take a more hawkish stance on the Kremlin.

MVP Preparing to Weld Final 20 Miles, Targeting Summer 2022 In-Service Date

The total project work for Mountain Valley Pipeline (MVP) is nearly 94% complete, and on track for a summer startup after state agencies approved construction permits last month.

Clearfork Midstream Secures $400 Million Commitment, Plans to Acquire Azure Midstream

Clearfork Midstream announced it has secured a $400 million commitment from EnCap Flatrock Midstream and will acquire Azure Midstream Energy.

Germany Cannot Rule Out Nord Stream 2 as Means of Pressure, Says Foreign Policy Expert

Germany cannot rule out using the Nord Stream 2 pipeline as a means of pressure against the Kremlin in case of further Russian aggression towards Ukraine.

Russia's Gazprom Has No Europe Gas Exports via Yamal Pipeline Planned Next Month

Gazprom said pipeline exports of Russian gas have tumbled 41% from a year ago so far in January, underlining the impact of a reversal in the Yamal-Europe pipeline.

Saudi-Polish Deal Dents Russian Oil Dominance in Baltic

Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Poland's oil supply, eroding previously dominant supplier Russia's leverage.

Russia Urges European Union, Germany to Not Delay Nord Stream 2

Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes.

Canada's Trans Mountain Oil Pipeline Returns to Normal Operating Pressure

Canada's Trans Mountain pipeline returned to normal operating pressure on Saturday, it said in a statement, after functioning at reduced pressure for over a month.

Kazakh Ex-Leader's In-Laws Leave Key Energy Sector Jobs

Two members of former Kazakh president Nursultan Nazarbayev's extended family have resigned from the leadership of state oil and gas shipping companies.

Yamal Gas Pipeline Flows Eastward from Germany to Poland for 27th Day Running

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 27th successive day on Sunday.

Indian Oil to Invest $944 Million on Gas Sales Network in Nine New Areas

Indian Oil Corp, the country's top refiner and fuel retailer, aims to invest 70 billion rupees ($944.02 million) to build gas sales network infrastructure, including pipelines.

Canary Project Explores “Responsibly Sourced Gas” Possibilities

PureWest Energy LLC took bids on 7% of its Wyoming natural gas output that was certified as coming from net-zero wells that are also certified as being responsibly sourced. PureWest was testing the market.

Aramco Oil Pipelines Investors Miss Funding Goal With $2.5 Billion Bond Sale

A group of institutional investors that took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortizing bonds, significantly below the amount sought.

US Tells Lebanon Not to Fear Sanctions Over Energy Supply Plans, PM's Office Says

Under a plan agreed between Lebanon, Egypt, Jordan and Syria, Egyptian gas would be piped to Lebanon via Jordan and Syria to help boost Lebanon's power output.

Gas Flows Reversed Eastward via Yamal Pipeline for 25th Day

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 25th successive day on Friday, data from German network operator Gascade showed.

Cruz's Nord Stream 2 Sanctions Bill Fails to Pass in US Senate

The U.S. Senate failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.

Gazprom Quizzed on High Energy Prices, EU's Vestager Says

The EU's anti-trust chief said she asked gas companies including Gazprom about tight supplies after accusations the Russian giant was holding back extra production.

Gas Flows Reversed Eastward via Russian Yamal Pipeline for 24th Day

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, saw flows move east from Germany to Poland for the 24th day on Thursday, data from German network operator Gascade showed.

Norway Oil and Gas Output to Rise 9% by 2024, Regulator Says

Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country's biggest export sector.

Illinois Court Vacates Approval of Dakota Access Pipeline Capacity Expansion

An Illinois appellate court vacated approval from the Illinois Commerce Commission to allow expanding the Dakota Access pipeline capacity up to 1.1 million barrels per day.

Russia Undermining European Gas Supply Amid Ukraine Standoff, IEA Says

Russia is contributing to an undersupply of natural gas to Europe, the head of the International Energy Agency Fatih Birol said on Wednesday.

Gas Flows on Yamal-Europe Pipeline Continue to Move Eastward

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 23rd day on Wednesday.

Gas Flows Reversed Eastward via Russian Yamal Pipeline for 22nd Day

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 22nd day on Tuesday.

US Voices Misgivings on EastMed Gas Pipeline, Greek Officials Say

The United States has expressed misgivings on a subsea pipeline designed to supply Europe with natural gas from the eastern Mediterranean.

New England Power Prices Jump to 4-Year High as Region Freezes

Power prices in New England jumped to their highest since January 2018 as homes and businesses cranked up their heaters to escape the region's coldest day of the winter.

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