Business & Markets
Keeping Abreast of Alaska’s LNG Aspirations
As a longtime observer of the Alaska energy scene, Larry Persily has the rare perspective of someone who has viewed his subject matter as a journalist, educator and as public policy worker at the federal, state and municipal levels, including federal coordinator for the Alaska Natural Gas Transportation Projects, 2010-2015.
Poland, Russia to Cut Decades-Old Gas Transit Ties
Poland will not be renewing its gas transit deal with Russia's Gazprom once their current deal expires later this month.
Germany Denies EU Waiver for Nord Stream 2 Pipeline
Operators of the Nord Stream 2 pipeline were denied a waiver of EU regulations for the pipeline on Friday by German energy regulators.
Pandemic Impact on Global Gas Markets May Be Short-Lived
As crude oil demand and storage availability hit bottom, there are signs of hope for natural gas.
Gazprom Natural Gas Exports Slump 19% in Q1 — Source
Citing weak demand, a source told Reuters that natural gas exports on Gazprom pipelines fell by nearly 20% in the first quarter.
More Pipelines Are Needed for India to Increase LNG Imports — EIA Report
Recent data released by the U.S. Energy Information Administration shows that in order to continue to increase its LNG imports, India needs to build more gas pipelines.
APA Group Receives Funding to Test Methane in Australia’s Gas Pipelines
Australian pipeline operator APA Group has received over $1 million for its renewable methane pilot project to test the viability of the gas as a replacement for LNG.
Nigeria LNG Signs EPC Contract for Train 7 — Oil Minister
Nigeria’s oil minister on Thursday reported that Nigeria LNG has signed the engineering, procurement and construction contract for its Train 7 project.
U.S. Pipeline Regulator Strikes Down Washington State's Crude-by-Rail Safety Limits
The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) on Monday struck down crude-by-rail transportation restrictions imposed by Washington state, saying the measures would not lower the risk of explosions.
Oklahoma Regulators Take no Action After Oil Output Hearing
Energy regulators in Oklahoma declined to provide a timeline for a decision regarding requests from oil producers in the state to mandate production cuts in an attempt to stabilize to hard-hit industry.
Oklahoma Oil Regulators Hear Arguments on Output Cuts
Oil regulators in Oklahoma began hearing arguments on Monday from major oil producers hoping to convince the state to set production limits in an effort to bolster the industry slammed by collapsing oil prices.
NextDecade Says Coronavirus Could Delay Timing of Texas LNG Project
NextDecade said the collapse in global LNG demand caused by the coronavirus could delay the company's Final Investment Decision (FID) on its proposed Rio Grande LNG export plant.
BP Midstream Sees Lower Onshore Oil Pipeline Volumes Amid Pandemic
The ongoing coronavirus pandemic has caused a drop in volumes on BP Midstream's onshore oil pipelines for the first quarter, the company said on Friday.
Williams Announces Agreement on Deepwater Gulf Project
Williams has agreed to transport natural gas from Chevron and Total's Anchor offshore development to the Discovery pipeline system.
North American Oil Producers Slash Output Faster than OPEC Skeptics Expected
Oil producers in North America have cut oil production faster than many expected on track to reduce about 1.7 million barrels per day by June.
Enbridge Mainline Volumes Fall, Company Posts Quarterly Loss
Flows on Enbridge's Mainline system dropped in Q1 as the company posted a loss during the same period.
Shell Midstream Offers Mars Sour Crude Storage as Offshore Producers Keep Pumping
Shell Midstream is offering to store barrels of Mars Sour crude as offshore producers continue to pump oil amid the coronavirus pandemic.
Plains All American Sees Drop in Pipeline Volumes, Capline Reversal Progressing
Flows on Plains All American pipelines fell this quarter leading to a $2.8 billion loss for the company. The reversal of its Capline systems is still progressing as planned.
Ecopetrol Condemns Attacks on Oil Pipelines
Ecopetrol's oil transportation unit condemned a series of attacks in north east Colombia that have taken place against two of its pipelines since last Saturday.
Regulators Ease Storage Rules, Fees for Texas Producers
Texas oil and gas regulators voted to temporarily relax their rules for underground crude storage and waive related fees and surcharges that producers typically pay.
Texas Will Not Mandate Oil Production Cuts
Texas energy regulators on Tuesday said they will not mandate oil production cuts, ending a month-long debate about whether they would wade into global oil politics for the first time in 50 years as crude prices cratered.
Texas Eastern Gas Pipeline Explodes in Kentucky
Enbridge responded to an explosion Monday evening on Line 10 of its Texas Eastern system in Kentucky, and said Tuesday that it has shut-in a section of the pipeline. Gas futures rose on the news.
U.S. Natgas Prices Rise on More Demand, Slowing Output
U.S. natural gas futures climbed to a 15-week high Monday and held firm in early trading today on forecasts for cooler weather and more heating demand and slowing output.
Freeport LNG Starts Commercial Operation of Third Train
Freeport LNG said it began commercial operations for its third liquefaction train on Friday, with the commencement of liquefaction services to Total S.A. and SK E&S under their tolling agreements with Freeport.
Poland's Gaz-System Reaches $306 Million Pipeline Deal with Saipem
Polish gas grid operator Gaz-System said on Monday it signed a 280 million euro ($306 million) contract with Italian oil services group Saipem to build a section of the Baltic Pipe between Denmark and Poland.
Williams Places Phase II of Hillabee Expansion in Service
Williams said it has placed Phase II of the Hillabee expansion project in service, adding natural gas capacity to the Transco system and direct access to Florida’s rapidly growing power generation market.
Russian Pipelaying Vessel Reaches Baltic as Nord Stream 2 Target Looms
A Russian pipelaying vessel that could be used to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in the Baltic Sea.
Magellan Midstream Diesel Flows Fall, Projects Continue
Magellan Midstream has reported a decline in diesel flows on its pipelines as drilling activity in the Permian Basin has dropped due to the collapse in oil prices.
Phillips 66 Posts Loss on $3 Billion Writedowns in Refining, Transportation Units
Phillips 66 took $3 billion in writedowns during Q1, but strong earning in the company's midstream sector helped offset other losses.
TC Energy Boosts 2020 Capex to Build Keystone XL Pipeline
TC Energy, bolstered by better-than-expected quarterly profit earnings, is raising its capital spending budget for 2020 in order to build its Keystone XL Pipeline.
- 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
