Business & Markets
Russia Makes New Proposal to Belarus for Oil Supply Terms
A new proposal from Russia for oil supplies to Belarus offered a sign of potential progress between the two countries, which have failed to agree on terms since major Russian oil companies suspended pipeline deliveries.
Canada Demands Rail Barricades Come Down as Farmers, Businesses Feel Pain
Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal groups lift damaging rail blockades but the protesters at the heart of the standoff remained defiant, saying their conditions had not yet been met.
Fracking Ban Debate Causes Tremors in Battleground Pennsylvania
The notion of banning fracking is dividing the Democrats running for president and increasingly dividing Democrats in the presidential battleground state of Pennsylvania, where fracking has vaulted it to the No. 2 natural gas producer behind Texas.
AG&P Breaks Ground on LNG Terminal in India; Plans Two More
Singapore-based AG&P just broke ground in India on its first LNG terminal and says it is confident in financing for two more within the next two years.
Shell Considering Mars Pipeline Expansion
Shell Midstream Partners LP expects to take final investment decisions on expanding its Mars crude oil pipeline system in the Gulf of Mexico in the first half of the year, Chief Executive Kevin Nichols said on Thursday.
North Dakota Regulators Approve Dakota Access Pipeline Expansion
North Dakota regulators on Wednesday unanimously approved expanded capacity for the Dakota Access pipeline, saying they believed the project had met exhaustive state and federal requirements.
Energy Transfer Signs NGL Transportation, Processing Agreement
Energy Transfer LP said on Wednesday it signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of natural gas liquids (NGLs) in the Eagle Ford shale basin through 2034, and the Delaware basin through 2040.
India Nears Record Imports as LNG Prices Slump on Virus Impact
India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.
China Resumes Construction on Mid Section of East-Route Pipeline
The middle section of the China-Russia east-route natural gas pipeline project resumed construction in Jinzhou City, northeast China's Liaoning Province, on Wednesday.
BP halts Output at North Sea ETAP Platform
BP halted production at its ETAP platform, which connects seven oil and gas fields in the British North Sea with the Forties Pipeline System and the CATS gas terminal, after a problem with its power generation system.
Texas Regulator Calls out State's Worst, Best Companies for Natural Gas Flaring
One of Texas' oil and gas regulators on Tuesday defended the state's high rate of natural gas flaring but named companies that burn off the most gas.
Canada Seeks Peaceful End to Rail Blockade as Pressure Builds
Canada is seeking a peaceful end to a rail blockade that has shut down freight and passenger traffic, Prime Minister Justin Trudeau said on Tuesday, amid increasing pressure from the Conservative opposition to clear the tracks.
Mexico's Pemex Signs Contracts for New Oil Projects — CEO
Mexican national oil company Pemex has begun signing contracts with oilfield service firms specifically invited to submit bids for a new batch of projects, the state-owned company’s chief executive said.
Gas Prices Fall to Lowest Level Since 2016, Lowest February Prices in 20 Years - EIA
New data released last week by the U.S. Energy Information Administration (EIA) reveals that LNG prices reached their lowest February closing price for the near-month contract in almost 20 years.
Qatar Delays Natural Gas Partnership Expansion Amid Price Collapse — Sources
Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.
FERC Weighs Plan to Build Pacific Connector Pipeline in Oregon
The Federal Energy Regulatory Commission is set to decide this week on a proposed natural gas pipeline and marine export terminal in Oregon that is likely set up a court battle over state's rights if approved.
Canada's Trudeau Scraps Barbados Trip to Deal with Pipeline Protests
Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said on Sunday.
China's January Gas Consumption Falls for First Time in 2 Years
China's natural gas consumption in January saw its first year-on-year contraction in at least two years, data compiled by Chongqing Petroleum and Gas Exchange, a government-backed energy trading platform, showed on Monday.
Belarus Threatens to Take Oil from Russian Transit Pipeline — Belta
Belarus will start taking oil from the Druzhba transit pipeline if Russia does not supply it with the required volumes of crude, the Belarusian president said on Friday, the state news agency Belta reported.
TC Energy Unsure About Keystone XL Pipeline
TC Energy Corp sees too much uncertainty to commit immediately to the long-delayed Keystone XL oil pipeline project, company executives said on Thursday, even as TC prepared for construction.
Enbridge to Purchase Rio Bravo Pipeline from NextDecade
NextDecade Corporation and Enbridge announced that they have entered into a definitive agreement whereby Enbridge will acquire Rio Bravo Pipeline Company, LLC from NextDecade.
Dominion to Buy Southern's Stake in Atlantic Coast Pipeline
Dominion Energy said this week it agreed to buy Southern Co’s stake in the roughly $8 billion Atlantic Coast natural gas pipeline from West Virginia to North Carolina, which is expected to enter service in early 2022.
Blast Shuts Eni Owned Nigerian Oil Pipeline — Officials
An oil pipeline explosion in Nigeria forced the local subsidiary of Italian oil major Eni to close a pipeline feeding the Brass oil export terminal, ENI and a security official said.
Seaway to Extend Open Season
Seaway Crude Pipeline Company LLC has announced an extension of a binding open season currently under way for committed service on expansion capacity of its system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast.
Germany Needs More Gas Power Plants: Utility, Lobby
Germany must support the construction of gas-powered generation to avoid an electricity supply crunch as it pulls out of nuclear and coal and electric vehicles increase demand, utility Uniper and gas lobby Zukunft Erdgas said on Tuesday.
US Firms Want to Expanded Portugal's Sines Port for LNG - Energy Secretary
American companies have a strong interest in expanding Portugal's deepwater port of Sines due to its strategic position for liquefied natural gas (LNG) exports to Europe, U.S. Energy Secretary Dan Brouillette said on Wednesday.
U.S. Gives Iraq Sanctions Waiver for Iranian Gas Imports
The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies, two Iraqi officials said on Wednesday.
Analysts Cut China's Gas Demand Estimates as Virus Outbreak Weighs
Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.
Ameren Illinois Plans $64 Million Pipeline Upgrades
Ameren Illinois said it will replace 12 miles of aging natural gas pipeline in two Illinois locations for a combined cost of $64 million as part of its planned system upgrades around the state.
U.S. Shale Gas Investors Brace for Write-Downs Amid Price Plunge
U.S. shale gas producers are ripe for further spending cuts and write-downs, investors and analysts said, with prices at four-year lows and China's rejection of some gas imports weighing on earnings.
- 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
