Business & Markets
Australia Backs Three 'Green' Hydrogen Projects with More Than A$100 Million
Australia said it had awarded A$103 million ($80 million) to back three 'green' hydrogen projects, hiking its planned funding by almost 50% as the government seeks to speed up commercial production of the gas using renewable resources.
LNG Cargoes Diverted from India as COVID Crisis Dampens Demand
LNG cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.
Enterprise Products Oil Pipeline Volumes Drop Amid Winter Storms
Enterprise Products Partners LP said volumes across its pipelines dropped by 13% in the first quarter as producers and refiners were hit by winter storms, causing damage to facilities and disrupting shipments.
Winter Storms Hit Phillips 66 Partners' Q1 Pipeline Volumes
The amount of oil and gas shipped on Phillips 66 Partners LP pipelines fell about 6% in the first quarter as winter storms disrupted service and the COVID-19 health crisis continued to hamper fuel demand.
BNSF Can Handle More Crude-by-Rail Shipments if Dakota Pipeline is Shut, Railroad Says
BNSF, the railroad unit of Warren Buffett's Berkshire Hathaway Inc, is prepared to handle any increase in rail traffic if the Dakota Access oil pipeline (DAPL) is shut due to an ongoing legal dispute, the company told Reuters.
Forties Oil Work to Drive Drop in June Brent Benchmark Supply
The North Sea Forties crude oil stream will load only two cargoes in June, a copy of the shipment schedule showed, reducing supply of the crude that underpins the global Brent benchmark.
Dakota Access Pipeline Seeking Supreme Court Review in Fight to Keep Line Open
Dakota Access oil pipeline's operators plan to ask the U.S. Supreme Court to intervene in its ongoing legal battle to keep the 570,000 barrel-per-day line open, according to a court filing on Thursday.
Continental Resources Ramping Up Bakken Operations, Adds Rigs to Powder River Basin
Shale oil producer Continental Resources on Thursday said it will ramp up activity in North Dakota's Bakken shale field this year as it shifts more of its production operations to crude oil from natural gas.
CenterPoint to Sell Arkansas, Oklahoma Gas Utilities for $2.15 Billion
U.S. electricity provider CenterPoint Energy Inc said on Thursday it has agreed to sell its natural gas utility businesses in Arkansas and Oklahoma to privately-held Summit Utilities for $2.15 billion in cash.
Indonesia to Stop LPG and Fuel Imports by 2030
Indonesia will stop both liquefied petroleum gas and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said.
Brazil's Petrobras Sells Stake in NTS Gas Pipeline Network
Brazil's state-owned oil company Petroleo Brasileiro SA has approved the sale of its remaining 10% stake in the NTS gas pipeline network for 1.8 billion reais ($337 million) to Brookfield and Itausa SA.
Marcellus, Utica Ready to Pick Up Where They Left Off
Cautious optimism appears to be the name of the game for operators and others associated with the Marcellus and Utica Shales, according to representatives of key coalitions in the regions.
Suncor, Svante Accelerating CO2 Capture Efforts in North America
Suncor and Svante signed an equity financing agreement, providing the latter with the additional growth capital to accelerate its second-generation CO2 capture technology in North America.
Brazil's Antitrust Body Postpones Deadline for Petrobras Asset Sales
Brazil's antitrust authority CADE postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas pipelines and its stakes in natural gas distribution companies.
OPAL, NextEra Energy Unit to Build Renewable Gas Facility in Minnesota
The project will be located at a landfill owned by Republic Services Inc, and interconnect with a pipeline owned by Xcel Energy Inc, leading electric and gas utility in the region.
AquaDuctus Pipeline to Transport Green Hydrogen from North Sea to Land
GASCADE, Gasunie, RWE and Shell are progressing with the AquaDuctus pipeline project, which will transport green hydrogen from the North Sea directly to the continent, according to a news release.
Piñon Starts Work on N.M. Sour Gas Treatment, Carbon Capture Facility
Piñon Midstream has started construction on the Dark Horse Sour Gas Treating and Carbon Capture Facility and associated pipeline infrastructure in the Delaware Basin of New Mexico
Neptune Energy Producing Natural Gas from Merakes Project in Indonesia
Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia.
Texas February Freeze Cost About $1.6 Billion, Vistra Says
U.S. energy company Vistra Corp boosted the negative impact of winter storm Uri in Texas in February to about $1.6 billion from its prior estimate of $900 million to $1.3 billion.
Malaysia's Petronas Exports LNG in ISO Tanks to China
Malaysia's Petroliam Nasional Bhd said on Monday that it has started exports of LNG in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.
Frustrated Canada Presses White House to Keep Great Lakes Oil Pipeline Open
Enbridge said shutting Line 5 would cause fuel shortages and gas price spikes, and require 15,000 trucks and 800 rail cars a day to replace deliveries to Ontario.
Pembina Pauses Development of Oregon Jordan Cove LNG Plant
Canadian energy company Pembina Pipeline Corp paused development of its proposed Jordan Cove LNG export plant in Oregon, according to an appeals court filing.
Research Into Hydrogen Transportation by Pipeline Increasing
The research regarding hydrogen transportation by pipeline is increasing and becoming more coordinated, a presentation at the 17th Annual Pipeline Opportunities Conference indicates.
Oil and Gas Pipeline Market Could Grow 6% by 2026, Study Shows
The global oil and gas pipeline market is expected to grow at a compound annual growth rate of more than 6% from 2021 to 2026 despite the economic impact of COVID-19, according to a Research and Markets study.
RWE CEO Supports More Rapid Switch to Green Hydrogen Pipelines
Germany's regulation for using future supplies of carbon-free hydrogen on existing and new pipelines for natural gas should be undertaken jointly rather than separately, the chief executive of utility RWE said on Friday.
U.S. Appeals Court Denies Dakota Access Pipeline Rehearing Request
A U.S. Appeals Court on Friday denied Dakota Access LLC's petition for a rehearing on an earlier court decision to cancel a key permit for the DAPL oil pipeline, court documents show.
Equinor LNG Plant Broke Rules Ahead of 2020 Fire, Watchdog Says
Equinor must fix a series of rule breaches exposed by a fire at its Melkoeya LNG plant in Norway last year for the plant to reopen, the country's safety watchdog said on Thursday.
New SGA Chair Focuses on Evolving Role of Natural Gas
In this interview, SGA Chair and Southern Star Central Gas Pipeline President and CEO Jimmy Staton discusses the concerns of the SGA membership, adapting to a new president’s agenda, improving the public’s perception of the natural gas industry and other topics.
Saudi Aramco to Refinance $10 billion Revolving Loans
Saudi Aramco is expected to refinance a $10 billion debt facility raised in 2015, two sources said, in what would be the oil giant's third major foray into the loan market this year.
Kinder Morgan Raises Outlook as Profit Surges on Winter Storm Demand
Kinder Morgan posted a quarterly profit that breezed past estimates, helping the U.S. pipeline operator raise its annual earnings forecast, on a demand surge for natural gas and electricity during the February winter storm.
- 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
