Business & Markets
Asian LNG Spot Prices Rise as China Replenishes Inventories
Asian spot prices for LNG rose this week as China, Japan and South Korea sought supply in an early move to stock up for winter, industry sources said.
China's 2021 Fuel Exports to Surge 32% as Refining Capacity Swells
Gas imports are forecasted to rise 12.5% to 158.5 bcm this year, with pipeline gas at 55 bcm and LNG at 103.5 bcm.
Pieridae Still Plans Investment Decision on Nova Scotia LNG Export Plant by Late June
Canadian energy company Pieridae Energy Ltd said on Thursday it continues to work toward making a final investment decision (FID) by June 30 to build its proposed Goldboro LNG export plant in Nova Scotia.
Newer-Technology Natural Gas-Fired Generators Utilized More Than Older Units in PJM
The rapid development of shale gas resources in Pennsylvania, Ohio, and West Virginia has contributed to sustained low natural gas prices and encouraged the construction of natural gas-fired power plants.
Aramco Pipeline Investors to Refinance Loan with Bonds Next Year
EIG will lead a yet-unnamed consortium to issue billions of dollars in bonds across two or three transactions to replace bank debt backing an investment in Saudi Aramco’s oil pipeline assets, two sources said.
RWE Plans to Bring Australian 'Green' Hydrogen to Europe
Germany's RWE plans to bring hydrogen produced in Australia to Europe, as big energy firms look to create new global routes for the cleaner alternative to fossil fuels.
Feasibility Analysis for Gazprom’s Soyuz Vostok Gas Pipeline Project Approved
The feasibility analysis regarding the construction project for the Soyuz Vostok gas trunkline was approved Monday, Gazprom announced.
Nikola, IVECO and OGE Plan Hydrogen Distribution by Pipeline
Nikola Corporation, IVECO and OGE announced they will collaborate to establish a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fueling stations in support of fuel-cell electric vehicles (FCEVs).
Germany’s Uniper May Turn Coal Plant Site into Hydrogen Hub
German utility Uniper is studying the conversion of its coal-fired power plant site at Wilhelmshaven on Germany's North Sea coast into an import and electrolysis hub to tap into emerging demand for "green" hydrogen.
Canadian Crude Imports Fall 20% in 2020 Due to Pandemic
Imports of crude oil into Canada dropped 20% year-on-year in 2020 due to weak demand as a result of the COVID-19 pandemic, the Canada Energy Regulator said in an analysis.
Jacobs Awarded Owner's Engineer Role for LNG Terminal in Philippines
The project includes modifications to the jetty head, berthing and mooring facilities; a trestle bridge with high-pressure gas pipeline and utilities; and a jetty monitoring building and control room.
Carbon-Neutral or Green LNG: A Pathway Toward Energy Transition
As natural gas has a central role to play in mitigating carbon emissions, LNG producers have started to look for ways to minimize or counterbalance their carbon footprints, which ongoing LNG decarbonization efforts are likely to expedite.
Texas Oil Pipelines Face Dry Months as Production Languishes
By the fourth quarter, total utilization of the largest oil pipelines from the Permian is expected to drop to 57%, consultancy Wood Mackenzie said. The nadir during the last market bust in 2016 was roughly 70%.
Edge Computing Optimizes Pipeline Management
For midstream oil and gas companies, edge-computing platforms create opportunities that resolve long-standing problems and effectively enable real-time data in asset management and decision-making,
U.S. Shale Oil Output to Rise 13,000 bpd in May, EIA Says
U.S. oil output from seven major shale formations is expected to rise for a third straight month, climbing by about 13,000 bpd in May to 7.61 MMbpd, the U.S. Energy Information Administration said.
Gas Industry Highlighting Its Own ‘Greener’ Alternatives
A growing recognition is seeping out of the industry that the dump-fossil-fuels campaign isn’t going away, and oil and gas operators must take responsibility for their carbon footprints. From global majors to local gas distribution companies (LDC), the oil patch is thinking a lot more about alternative energy and renewables.
Canada Looks to Future Beyond Keystone XL, COVID-19
With production curtailments lifted and a post-COVID-19 upturn in sight, Canadian oil production is on the rise, prompting concerns that output from Alberta’s oil sands could again exceed takeaway capacity within a few years, even if current pipeline construction is completed.
SSE Thermal and Equinor Planning UK Hydrogen and Carbon Capture Projects
The projects would utilize the parallel hydrogen and CO2 pipeline infrastructure being developed by the Zero Carbon Humber (ZCH) partnership – which includes Equinor and SSE Thermal – and offshore CO2 infrastructure.
LM Energy Launches Open Season to Extend Oil Gathering System in Northern Delaware Basin
The proposed extension of the system will gather crude oil from origination points in Eddy and Lea Counties, New Mexico and deliver to destination points also in Eddy and Lea Counties, New Mexico.
Uganda, Tanzania, Oil Firms Sign Accords to Build $3.5 billion Pipeline
Total's CEO said the pipeline is one of the largest projects they should develop on this continent, adding they expected oil production to commence in early 2025.
Aramco Agrees to $12.4 billion Deal to Sell Stake in Pipelines
Saudi oil producer Aramco has agreed a $12.4 billion deal to sell a 49% stake in its pipelines to a consortium led by U.S.-based EIG Global Energy Partners.
U.S. Army Corps Allows Dakota Pipeline to Stay Open During Review
The U.S. Army Corps of Engineers today said it will allow Energy Transfer's Dakota Access oil pipeline to keep running, after an environmental permit was scrapped last year.
U.S. Army Corps to Lay Out Plans for Dakota Access Pipeline Review at Hearing
The U.S. Army Corps of Engineers is expected to lay out its recommendations on the Dakota Access oil pipeline at a federal court hearing today that could involve shutting down the line for several months during an environmental review.
Petrobras Natural Gas Hikes Enduring Even as Shares Dip
Petroleo Brasileiro SA is unlikely to be able to back away from a 39% hike in natural gas prices slammed by Brazil's President Jair Bolsonaro, sources close to the company said, pointing to the durability of existing contracts with distributors.
Lithuanian LNG Port Looks to Supply Poland, Ukraine Via New Pipe
Klaipeda's LNG import terminal operator says its gas could reach Poland, Ukraine and other countries south of Lithuania next year, when a new pipeline comes online.
Archaea Energy, Aria Energy Combine to Form RNG Development, Advancement Company
The business combination with Archaea and Aria, one of the largest companies in the North American landfill gas (LFG) sector, will create a significant U.S. RNG platform.
Britain Will Have Enough Gas, Electricity This Summer, Says National Grid
The volume of LNG delivered to Britain is expected to be lower than the previous two summers at 5.7 bcm because of competing markets, but pipeline flows from Norway will be higher this summer.
Canadian Pipeline Companies See Natgas Opportunities in Shift to Green Energy
Natural gas and liquids will continue to play a prominent role in the energy economy for decades to come, one executive said, even as a transition to cleaner energy evolves.
Oil Prices Fall Despite Stronger Economic Outlook
Oil prices eased on Wednesday after earlier gains despite prospects for stronger global economic growth as talks to revive a nuclear deal with Iran opened the possibility of an easing of sanctions on its oil exports.
Report Shows Oil Industry Jobs Pay More Than Wind, Solar Jobs
Workers in nuclear energy and fossil fuel industries earn higher wages than those in renewable energy sectors like wind and solar that are the focus of Biden's plan to stimulate the U.S. economy and combat climate change, according to an analysis.
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Energy Transfer to Build $5.3 Billion Permian Gas Pipeline to Supply Southwest
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
