Business & Markets
Russia, Belarus Leaders Meet Amid Oil Supply Tensions
The presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko, will meet on Friday, the Kremlin said, as the oil row between the two rolls into a second month, forcing Minsk to look for crude from as far afield as the United States.
Canadian Court Dismisses Challenge to Trans Mountain Expansion
Canada's Federal Court of Appeal on Tuesday dismissed a challenge to the approval by Prime Minister Justin Trudeau's government of the Trans Mountain oil pipeline expansion, clearing some uncertainty from the project.
Explorer Pipeline Launches Open Season on Explorer Pipeline System
Explorer Pipeline Company (Explorer) has announced a binding open season to secure shipper commitments to support the development of proposed new transportation service on Explorer’s pipeline system from its existing U.S. Gulf Coast receipt points to a new destination point in Galena Park, Texas (Project).
U.S. Flared, Vented More Natural Gas Again in 2019 - Data
The U.S. drilling industry flared or vented more natural gas in 2019 for the third year in a row, as soaring production in Texas, New Mexico, and North Dakota overwhelmed regulatory efforts to curb the practice, according to state data and independent research estimates.
Petronet LNG, Tellurian to Sign $2.5 Billion U.S. Gas Deal This Month
India's top gas importer Petronet LNG and U.S. liquefied natural gas (LNG) developer Tellurian Inc are preparing to sign a $2.5 billion deal during President Donald Trump's maiden visit to New Delhi later this month, two sources familiar with the matter said.
Enbridge Line 3 Receives Minnesota Regulator Approval
A Minnesota regulator ruled on Monday that a revised environmental impact statement for Enbridge Inc’s Line 3 oil pipeline replacement is adequate, helping to clear a significant hurdle for the long-delayed project .
Canada’s Imperial Oil: 'It Makes Good Economic Sense' to Move Crude by Rail
Canada's Imperial Oil Ltd on Friday vowed to move more crude-by-rail to take most advantage of exemptions on production curtailments imposed by the Alberta government.
Russia's Transneft Faces up to $1 Billion in ‘Dirty Oil’ Claims: Sources
Russian oil pipeline monopoly Transneft faces claims of up to $1 billion related to contaminated oil, more than double its own estimates, industry sources said, setting the stage for protracted haggling with oil suppliers.
U.S. FERC Sides with PennEast Pipeline NJ Eminent Domain Case
The U.S. Federal Energy Regulatory Commission on Thursday supported the view of companies developing the $1 billion PennEast natural gas pipeline that they can use federal eminent domain to gain access to properties owned by New Jersey.
Enbridge Defends Long-Term Mainline Contract Plans Amid Criticism
Facing criticism, Canadian pipeline company Enbridge Inc said on Thursday its plan to sell nearly all capacity on the Mainline oil network was fair and would benefit the western Canadian industry.
Kazakhstan Halts Contaminated Oil From Spreading Outside the Country
Kazakhstan has contained the spread of contaminated oil within its borders by reducing exports to China and altering the schedule of supplies to domestic refineries, energy ministry and pipeline operator KazTransOil said on Wednesday.
MPLX Says Reversed Capline Pipeline to Begin Light Crude Service in Mid-2021
MPLX LP said on Wednesday the reversal of the Capline pipeline was progressing as planned, with the line on track to begin light crude service in mid-2021 and heavy crude service in 2022.
CN Rail Expects Crude Shipments to Drive Growth in 2020
Benefiting from congested pipelines, Canadian National Railway said it sees crude shipments as a growth driver in the year. Alberta eased curtailments in October, allowing producers to ship additional oil by rail.
LNG, the 'Champagne' of Fuels, Should Enjoy Its Beer Moment
It's been an extremely weak start to the new decade for LNG with spot prices in Asia falling to more than 10-year lows, but it's not all doom and gloom for an industry that sees itself as part of the solution to climate change.
Air Liquide Pumps Hydrogen to Saudi Aramco in Shift From Oil
Air Liquide Arabia on Tuesday began pumping hydrogen through its $400 million pipeline network in Saudi Arabia’s Red Sea city of Yanbu and will supply a Saudi Aramco refinery as the kingdom seeks to shift towards cleaner fuel.
Qatar Rejects India Proposal to Delink LNG Deals from Crude
India wants Qatar to delink the price of its imported gas from that of oil under long-term deals to make supplies cheaper, India's oil minister said, but Qatar isn't interested in renegotiating.
Pembina Withdraws Jordan Cove Application, Holds Out for Federal Approval
Pembina Pipeline Corporation (Pembina) has withdrawn its application for a state permit for the Jordan Cover natural gas pipeline and export terminal in Oregon.
Cameron Seeks More Time to Build Second Phase at Louisiana LNG Plant
Cameron LNG asked U.S. energy regulators for a 72-month extension until May 2026 to build the second phase of the joint venture’s Cameron liquefied natural gas (LNG) export plant in Louisiana.
Cheniere Becomes First Global Producer to Export 1000th LNG Cargo
Cheniere Energy has announced that it has produced and exported its 1000th cargo of liquefied natural gas (LNG).
Total, Tullow Launch Joint Sale of Stakes in Kenyan Oil Project - Sources
Total and Tullow Oil aim to reduce their stakes in Kenya's first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project's launch, banking and industry sources said.
Sentinel Midstream, Freepoint Commodities Partner on Deepwater Oil Facility
Sentinel Midstream has announced its partnership with Freepoint Commodities (Freepoint) to construct and operate the Texas GulfLink deepwater crude oil export facility.
Enterprise Begins Service at Natural Gas Processing Plant in East Texas
Enterprise Products Partners announced that it recently began operations at its new Bulldog cryogenic natural gas processing plant (previously referred to as the “Panola 3 gas plant”) in Panola County, Texas.
Belarus Looks to U.S., Middle East as Possible Alternative to Russian Oil - Belta
Belarus is looking for alternatives to Russian oil and is in talks with the United States, Saudi Arabia and the United Arab Emirates about supplies, President Alexander Lukashenko said on Friday, the Belta news agency reported.
Kinder Morgan Profit, Cash Flow Rise on Gulf Coast Express Pipeline Strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from the Permian Basin through its Gulf Coast Express pipeline.
Trump Administration Approves Keystone XL On US Land
The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8 billion project closer to construction though court challenges still loom.
Enbridge-Annova LNG Deal to Expand Valley Crossing Pipeline
Enbridge's Valley Crossing Pipeline will be expanded along with the construction of a nine-mile lateral to supply natural gas for Annova LNG’s Brownsville, Texas, export facility, under an agreement announced Wednesday.
Centurion Pipeline Announces Successful Open Season for Augustus Pipeline
Centurion Pipeline has announced the successful completion of its binding open season for the Augustus Pipeline.
Kazakhstan Cuts Oil Exports to China After Contamination Detected — Sources
Kazakhstan reduced oil supplies via the Atasu-Alashankou pipeline to China on Tuesday after tests carried at the end of the last week showed a high content of organic chloride, three trade sources familiar with the matter told Reuters on Tuesday.
U.S. Shale Oil, Natural Gas Output Growth to Hit Slowest in a Year — EIA
U.S. oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the U.S. Energy Information Administration (EIA) said on Tuesday, as producers pull back on new drilling.
PETRONAS Signs 12-Year LNG Deal With Shenergy
PETRONAS has signed a Heads of Agreement (HOA) with Shenergy Group Company Limited (Shenergy) to supply approximately 1.5 MTPA of liquefied natural gas (LNG) to its Wuhaogou receiving terminal in China.
- 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
