Business & Markets
EIG Shortlisted as Possible Buyer for Aramco Gas Pipelines
United States-based energy investor EIG has been shortlisted as a potential buyer of Saudi Aramco's gas pipelines, part of a sale that could exceed $17 billion and is likely to be completed later this year.
Russia Using Gas to Bully Moldova, Says EU
The European Union's top diplomat said on Thursday that Moscow was using natural gas to bully Moldova, as the prime minister of the ex-Soviet republic said the country could not afford the prices Russia was now offering.
Democrats Scramble to Salvage US Methane Fee Proposal
Democrats are considering paring down a proposed methane fee on United States oil and gas producers as a way to pacify opposition to the idea from within its own ranks.
China's Winter Natural Gas Demand to Rise 10% from Year Earlier
China's demand for natural gas is expected to rise to 180 billion cubic meters (bcm) this winter, up 10% from a year earlier, an official at PetroChina said.
Algeria to Meet All Spanish Gas Supply Commitments, Ready to Negotiate More
Algerian Energy Minister Mohamed Arkab said his country would meet all Spanish natural gas supply commitments and was willing to negotiate providing possible additional quantities.
Libya's NOC Says Pipeline Leak Will Need Days of Maintenance
A major leak in the pipeline running to Libya's Es Sider terminal has led to the pipeline being shut down and it will require seven-10 days of maintenance, National Oil Corp's media department said.
Equinor Q3 Surges on Gas and Derivatives, Boosts Share Buybacks
Norway's Equinor posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch that pushed Europe's natural gas prices to record highs and sent the value of derivative contracts soaring.
Carbon+Intel: For Carbon Capture Pipelines, the Future’s Now
Carbon dioxide (CO2) pipelines are becoming a bigger area of focus in the United States, with 36 publicly announced carbon capture utilization and storage (CCUS) projects scattered in more than a dozen states.
Turkmenistan Officials Due in Afghanistan as Taliban Back TAPI Gas Pipeline
Officials from Turkmenistan will visit Kabul this week to discuss continuing work on the TAPI pipeline linking the energy-rich Central Asian country through Afghanistan to Pakistan and India.
Phillips 66 to Acquire Remaining Stake in Partnership for $3.4 Billion
Phillips 66 Partners was formed by the refiner to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets.
Panel Favors Equitrans in EQT PA-WV Hammerhead NatGas Pipe Dispute
U.S. pipeline company Equitrans Midstream Corp said an arbitration panel ruled in its favor in a dispute with EQT Corp over the delayed startup of the Hammerhead natural gas pipe in Pennsylvania and West Virginia.
Germany: Certifying Nord Stream 2 Poses No Threat to Gas Supply to EU
Allowing Nord Stream 2 to pump Russian gas to Germany will not threaten supplies to the European Union, the German Economy Ministry said on Tuesday, clearing a major hurdle for the disputed pipeline.
Wood Awarded Contracts for UK’s First Hydrogen Distribution Pipeline Infrastructure
Wood has been awarded the consenting and environmental assessment and engineering design contracts for Cadent’s HyNet North West, an innovative project that aims to unlock a lower carbon economy for northwest England and North Wales.
Kellas Midstream Developing Low-Carbon Blue Hydrogen Hub in Teesside, UK
The project, called H2NorthEast, would require construction of a 1GW facility producing blue hydrogen utilizing UK North Sea natural gas which is transported to the CATS terminal by a 400 km (249 mi) pipeline.
Crestwood Equity to Boost US Shale Footprint With $1.8 Billion Deal
Oil and gas pipeline operator Crestwood Equity Partners LP will buy Oasis Petroleum Inc.'s midstream unit in a $1.8 billion deal to expand its footprint in United States shale basins.
Exxon Calls for Carbon Price, Working on CCS Projects Across Asia
Exxon Mobil Corp is pursuing carbon capture storage hubs across Asia and has started talks with some countries with potential storage options for carbon dioxide, the company's head of low carbon solutions said.
Canada Boosts US NatGas Exports, Drills More as Global Prices Surge
Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity.
FERC Chairman Urges Northeast Generators to Buy Fuel Before Winter
Glick told utilities to line up fuel supplies because the Northeast does not have enough gas pipeline capacity for both heating and power generation on the coldest days.
Ukraine Offers to Increase Gas Transit to Europe
Ukraine is ready to increase its gas transit to Europe by 55 bcm and is also ready to meet a request to pump more gas to Moldova to plug shortfalls there.
Poland's PGNiG Does Not Expect to be 'Forced' to Buy Russian Gas After 2022
Polish gas company PGNiG does not expect it will have to buy Russian gas after its long-term contract with Gazprom expires in 2022, but does not exclude spot purchases.
Citgo Boards in Last-Ditch Talks with Washington to Keep Creditors at Bay
The supervisory boards of Venezuela-owned Citgo Petroleum have held talks with U.S. officials in Bogota, Colombia, seeking to extend Washington's protection while Citgo pursues negotiations with creditors.
Shell Expects Ida-Hit Offshore Facility to Restart in November
Shell expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected.
German Regulator in Touch with Nord Stream 2 Over Certification Issues
Germany's energy regulator said on Friday that it is in touch with the Nord Stream 2 gas pipeline consortium and expects it will provide assurances that the project meets the regulator's requirements.
PipeChina Invests $3.8 Billion to Boost Gas Infrastructure Ahead of Winter
China Oil and Gas Pipeline Network, or PipeChina, said it has invested 24.45 billion yuan ($3.8 billion) to expand its gas infrastructure, aiming to add a daily gas supply capacity of 60 million cubic meters by end of this year.
Texas Pipeline Operator Altus to Combine with Blackstone-Backed BCP Raptor
Altus Midstream Co. said it would merge with BCP Raptor, a holding company for pipeline assets in the Permian Basin owned by investment firms, with the combined entity to be valued at $9 billion inclusive of debt.
Polish PGNiG Says Nord Stream 2 Will Increase Risks for EU Gas Supplies
The Nord Stream 2 pipeline will increase threats to the security of gas supplies to the European Union, Polish gas giant PGNiG said in a submission as part of the certification procedure for the pipeline's operator.
Putin Says Nord Stream 2 Can Sell Gas to Europe Upon German Approval
Russia can start supplies of natural gas to Europe via the Nord Stream 2 pipeline as soon as it gets the green light from Germany, President Vladimir Putin said.
From Abandoned Fields to Salt Caves, Gazprom's Gas Storage is Almost Full
Russia, whose gas production and exports to European Union are already near record highs, said last week it needed to finish filling its own gas storage reserves before it could increase supplies to Europe's spot market.
Sources: US Slowing Down Oil and Gas Mergers
Regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden's administration scrutinizes deals in a bid to tackle soaring energy prices.
Putin Says Gas Crisis Could Yet Hurt Russia
The European gas crisis can yet bite Russia, President Vladimir Putin said, should soaring prices feed into inflation, further boosting the cost of essentials such as food, or reduce demand for fuel.
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
