Business & Markets
NextDecade’s Rio Grande LNG Receives Non-FTA Export Authorization
NextDecade Corporation has announced that the U.S. Department of Energy has issued an order granting authorization to export liquefied natural gas from its Rio Grande LNG facility to non-free trade agreement (non-FTA) countries.
Williams Completes Gateway Expansion Project Ahead of Schedule
Williams placed its Gateway Expansion into full service 11 months ahead of schedule through “expedited project execution and construction,” boosting natural gas deliveries to the energy-hungry U.S. Northeast by 65,000 MMcf/d, in time for the winter heating season.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy approved the construction of 1 million barrels of new tankage at its Hardisty Terminal.
TurkStream Begins Gas Flows to Greece, North Macedonia
Russia is building TurkStream and doubling the capacity of NordStream across the Baltic Sea to Germany as part of plans to bypass Ukraine in its gas deliveries to Europe.
Mexico’s President to Request Rerouting of Planned Gas Pipeline
Mexico’s President Andres Manuel Lopez Obrador said that he will ask for a natural gas pipeline being developed by Canada’s TC Energy Corp to be rerouted, so it does not cut across lands considered sacred by communities in Puebla state.
FERC Approves Chesapeake Utilities Pipeline Expansion
Chesapeake Utilities has announced that the Federal Energy Regulatory Commission (FERC) has issued an order approving the Company’s proposed Del-Mar Energy Pathway Project.
India Approves $774 Million for Gas Pipeline in Northeast
India approved funding of $774 million (955.6 billion rupees) for a natural gas pipeline in its northeast, Oil Minister Dharmendra Pradhan said, as part of a national gas grid being built to span remote locations.
Outrigger Expands in Williston Basin with Commitment from XTO
Private midstream energy company Outrigger Energy II said it is constructing a 70-mile gathering system and cryogenic plant in North Dakota to service XTO Energy natural gas production under a long-term, definitive gathering and processing agreement.
All-Polymer Connector Delivered to 3 Operators
Subsea pipelines polymer-lining specialist Swagelining installed its LinerBridge connector technology for the first time within pipeline bundles at one of Equinor’s developments in the Norwegian North Sea.
Cameron LNG Facility Begins Production at Train 2
Sempra LNG said its Cameron LNG facility in Louisiana has begun producing LNG from the second liquefaction train of the export facility, fewer than five months after its first train started commercial operations in August.
EDP Closes Financing for El Salvador LNG-to-Power Project
Energía del Pacífico (EDP) said it has completed project financing for the LNG-to-power project currently under construction at the Port of Acajutla, El Salvador. The infrastructure project brings approximately $1 billion foreign direct investment for the Central American nation, making it the largest private investment ever in the country, EDP said.
Bulgaria Starts Receiving Gas from TurkStream, Bypassing Ukraine
Bulgaria started receiving natural gas from Russia’s Gazprom via Turkey on January 1 and will no longer use the route through Ukraine and Romania, Energy Minister Temenuzhka Petkova said.
Mercuria Plans to Compete for South Texas Oil-Trading Hub
Commodities trader Mercuria Energy Group expects to open a new U.S. Gulf Coast crude oil storage facility next year that could compete to become a trading hub for shale oil, the Swiss company’s investment chief said.
Oxy Separates Western Midstream in Debt-Reduction Move
Occidental Petroleum (Oxy) said it will make its Western Midstream (WES) business a standalone company, shedding $7.8 billion in debt through its separation of the former Anadarko pipeline business.
Oil Prices Rise, Fall on Eve of Trade Deal
Crude oil prices surged in early January and retreated by mid-month after a U.S. drone strike on Iran’s top general and a retaliatory missile strike on an Iraqi military base. The initial strike caused the largest one-day price spike since September, when an Iranian drone hit a Saudi Aramco facility.
TC Energy Files to Reduce Toll on Canadian Mainline Pipeline
TC Energy said its TransCanada PipeLines unit reached an agreement with struggling producers to reduce tolls on the western part of the Canadian Mainline pipeline and asked regulators to approve the rates quickly.
Nigeria Launches Regulations to Encourage Gas Use — Oil Minister
Nigeria has launched new regulations covering gas transportation which it hopes will expand use of the fuel and encourage private investment in pipelines, Minister of State for Petroleum Timipre Sylva said on Monday.
Emerging Offshore Pipeline Market in Southern Africa
The increasing exploration for and discovery of oil and gas reserves offshore Africa has raised prospects of growth of the continent’s offshore pipelines market.
CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services
CenterPoint Energy has announced an agreement to sell Miller Pipeline and Minnesota Limited to PowerTeam Services for $850 million in cash, subject to customary price adjustments.
Qatargas Signs Long Term SPA to Supply LNG To Kuwait
Qatargas has announced the signing of a new, long term Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to the State of Kuwait, commencing this year.
Trans Mountain Pipeline Cost Jumps by Two-Thirds to C$12.6 Billion
The Canadian government-owned Trans Mountain oil pipeline is expected to cost C$12.6 billion ($9.47 billion) to expand, a sharp increase from the previous estimate of C$7.4 billion, the pipeline company’s chief executive said on Friday.
TechnipFMC Tells Energean Virus may Delay FPSO Project
Gas producer Energean said on Thursday it had been told by TechnipFMC, which is building a vessel it needs to begin Israeli offshore production, that the coronavirus was a force majeure event.
ARB Midstream Announces New Connection to Pipeline System in DJ Basin
DJ South Gathering, LLC, a subsidiary of ARB Midstream, LLC has announced an expansion of its crude oil gathering and transportation system in the prolific DJ Basin in northeastern Colorado.
Parsley Energy CEO Calls out Industry for Shale Gas Flaring
The chief executive of shale producer Parsley Energy on Wednesday became the latest executive to call out the industry on its high rate of natural gas flaring in the top U.S. oil field.
France's Total Rejects Force Majeure Notice from Chinese LNG Buyer
French oil major Total has rejected a force majeure notice from a buyer of liquefied natural gas (LNG) in China, a Total executive said during the company's full-year results presentation on Thursday.
China's Biggest LNG Importer Declares Force Majeure as Virus Spreads - Sources
China National Offshore Oil Corp (CNOOC), the country's biggest importer of liquefied natural gas (LNG), has suspended contracts with at least three suppliers amid the rapid spread of the coronavirus, two sources said on Thursday.
Inpex Executive Says Global LNG Oversupply to Continue into Mid-2020
Oversupply in the global market for liquefied natural gas (LNG) could extend until the middle of the year but then ease as demand from southeast Asia and India picks up, an executive from Japanese oil and gas firm Inpex Corp. told Reuters.
Oil, Gas Imports into China Tumble in Wake of Virus
Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor purchase agreements, trade sources said.
Noble Midstream and Greenfield Midstream Exercise Saddlehorn Option
Noble Midstream Partners LP (Noble Midstream) and Greenfield Midstream LLC “Greenfield Midstream) have acquired a 20% interest in the Saddlehorn Pipeline through their Black Diamond Gathering LLC (Black Diamond) joint venture.
Plains All American Pipeline Volumes Get Boost from Cactus II
Plains All American Pipeline LP said on Tuesday crude volumes on its Permian basin systems rose during the fourth quarter, thanks in part to higher flows on the Cactus II pipeline, which went into service in August.
- 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
