Business & Markets

Taproot Expanding Midstream Infrastructure in DJ Basin

Taproot Rockies Midstream has been awarded an acreage dedication for crude gathering by Confluence Resources for its Platte River position. The in-service date for the pipeline is expected to be July 1.

Russian Vessel Moves to German Waters for Nord Stream 2 Pipeline Construction

Russian vessel Fortuna has started laying pipes for the Nord Stream 2 gas pipeline in German waters, the gas project said on Sunday, citing Germany's Waterway and Shipping Authority.

H2Tech Solutions Virtual Conference Attracts Thousands

More than 2,000 people worldwide registered to hear more than 40 experts on fuel, chemical, and industrial applications for hydrogen speak at the first H2Tech Solutions, a virtual conference held by Gulf Energy Information’s H2Tech.

National Grid Studying UK Hydrogen Pipeline Network Potential

National Grid is exploring the potential of a 2,000-km (1,243-mi) hydrogen pipeline network across the UK. Reaching a goal of getting hydrogen power to consumers by 2030 will take “huge amounts of planning and work.”

U.S. District Court Orders Dakota Access Oil Pipeline Can Remain Open

The 570,000-bpd pipeline out of North Dakota that travels under a Missouri River reservoir is likely to stay running at least until an environmental review of the line is completed next year.

Enbridge, Fluxys, EIG Bid for Brazil's Top NatGas Import Pipeline

A consortium of Canada's Enbridge, Belgium's Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil's largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week.

Oil Drillers and Bitcoin Miners Bond Over Natural Gas

On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.

Shell Exits Philippine Gas Field in $460 Million Deal

Aside from gas reserves, Malampaya's assets include undersea pipelines and other facilities that could be tapped by future sellers and users of imported LNG.

France’s Total Signs 5-year LNG Supply Agreement with ArcelorMittal Nippon Steel

Total and ArcelorMittal Nippon Steel1 (AMNS) have signed an agreement for the supply of up to 500,000 tons of LNG per year until 2026.

Iran Starts Pumping Oil into Goreh-Jask Pipeline

The National Iranian Oil Company (NIOC) will soon begin transferring oil through the Goreh-Jask pipeline, which runs from the Goreh oil terminal in the Bushehr Province to Jask oil terminal along the Gulf of Oman.

Italy's Snam in World First with Test of 30% Gas-Hydrogen Blend in Steel Forging

Gas transport group Snam said on Wednesday a 30% blend of natural gas and hydrogen had been used for the first time to power furnaces at a steelmaker in northern Italy.

For LNG Developers, Another Year of Canceled Projects

This week's decision by Australia's Woodside Petroleum Ltd to pull out of a big Canadian LNG project was the latest blow to a sector that has been heralded for its growth prospects worldwide.

Shell in Talks with Nigeria to Divest Onshore Oil Stakes

Shell, the operator of the West African country's onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of pipeline theft and sabotage as well as operational issues.

Bloom Energy, Idaho National Laboratory to Use Nuclear Energy to Generate Hydrogen

Bloom Energy’s electrolyzer converts water (or steam) into hydrogen and oxygen. The hydrogen can then be injected into the natural gas pipeline, stored and used for power generation with a fuel cell at a later time, dispensed to fuel cell vehicles, or used by industrial processes that consume large amounts of hydrogen.

Greenlane Renewables Signs $9.8 Million Landfill Gas-to-RNG Contract

The contract is for a large landfill gas-to-RNG project. Greenlane will supply its two-stage PSA system to upgrade the landfill gas to pipeline-specification RNG for direct injection into the local natural gas grid.

Perspective: Oil Prices Capped by Hedge Fund Profit-Taking

Hedge funds cut their petroleum positions last week as oil prices neared the top of recent trading ranges and the cyberattack on the Colonial fuel pipeline looked set to cut crude processing and diesel output.

Some U.S. Gas Stations Still Without Fuel After Colonial Pipeline Reopens

More than half of the gas stations in some areas of the U.S. southeast remained without fuel and prices at the pump were at seven-year highs on Monday, even as the flow on the nation's largest fuel pipeline resumed after a cyberattack resulted in a six-day system outage and mass panic-buying.

Max Midstream Has First Loading of Texas Oil at the Port of Calhoun Terminal

The Calhoun Port Authority and Max Midstream, a Texas-based energy company, announced the first successful loading of Texas oil at the Port of Calhoun Terminal in Point Comfort, Texas, last week.

U.S. Gasoline Shortage Eases, But Pumps Dry in Some Areas

Gasoline shortages that have plagued the U.S. East Coast slowly eased on Sunday, with 1,000 more stations receiving supplies as the country's largest fuel pipeline network recovered from a crippling cyberattack.

‘Critical’ Coastal GasLink Pipeline on Target for 2023

Coastal GasLink, part of one of the biggest projects in Canada’s history, is almost halfway complete and on track to start up by 2023, experts say.

Citgo Secures U.S. Government's Maritime Waiver Amid Fuel Crunch

The Biden administration granted oil refiner Citgo Petroleum a maritime shipping waiver allowing it to move fuel between U.S. ports on a foreign flagged vessel, two sources told Reuters on Friday, making it the second company to secure one this week.

U.S. Capital Running Out of Gas, Even as Colonial Pipeline Recovers

The U.S. capital was running out of gasoline on Friday even as the top U.S. fuel pipeline ramped up deliveries following a cyberattack and Washington officials assured motorists that supplies would return to normal soon.

Pieridae Moves Closer to June Decision on Nova Scotia LNG Export Plant

Canadian energy company Pieridae Energy Ltd said on Thursday it still expects to make a final investment decision by June 30 on its proposed Goldboro LNG export plant in Nova Scotia.

Colonial Pipeline Recovering; Paid Almost $5 Million Ransom

After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages across East Coast states.

U.S. Denies Dakota Access Oil Pipeline Stay Request

U.S. Court of Appeals for the District of Columbia Circuit on Thursday denied a request from operators of the Dakota Access oil pipeline for a stay, while they seek a Supreme Court review in the company's battle to keep the line open.

U.S. Waives Shipping Restrictions to Ease Fuel Crunch After Pipeline Hack

The U.S. government relaxed a long-standing maritime law protecting domestic shipping commerce to allow an undisclosed company to transport gasoline and diesel to ports in the East Coast after a cyberattack crippled the nation's largest fuel pipeline network.

Analysis: Cyberattack Exposes Lack of Required Defenses on U.S. Pipelines

The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses.

Pipeline Operator Energy Transfer Mulls Chemicals Acquisition

Energy Transfer is weighing acquisitions in the booming chemicals business, co-founder and executive chairman Kelcy Warren said on Wednesday at a conference in North Dakota, where he also expressed confidence DAPL will continue to operate.

Panicked Drivers in Southeast U.S. Swarm Pumps, Ignore Pleas to Stop Hoarding

Drivers in the U.S. Southeast formed lines on Wednesday to fill up tanks from the dwindling number of retail gas stations with fuel to sell, disregarding government pleas for people not to hoard supplies as the shutdown of the main regional fuel pipeline entered its sixth day.

Occidental Petroleum Says Federal Leasing Ban Would Hurt U.S. Oil Growth

U.S. oil and gas producer Occidental Petroleum Corp said federal drilling permits are moving forward in the Permian Basin shale field following a federal pause this year, but a longer-term ban could hurt U.S. oil output.