Business & Markets
Gassco Urges Norway to Build New Arctic Pipeline
Pipeline system operator Gassco is urging Norway to construct a new pipeline or LNG plant to boost its gas exports from the Arctic.
Brazil Clears Bolivian Gas Company Use Pipeline
The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm Petrobras, according to a publication on Friday in the official gazette.
Mild Winter Sends U.S. Natural Gas Prices Tumbling: Reuters
U.S. gas prices have fallen even further in recent weeks as the market tries to avert a glut by encouraging power producers to maximize gas combustion and switch away from coal.
Belarus Halts Own Oil Exports to Germany, Russian Oil Transit Unaffected — Sources
Belarus' state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.
A.Hak International Awarded Onshore Baltic Pipe Contract
Netherlands-based A.Hak International said it has been awarded a contract for construction of a Danish onshore section of the Baltic Pipe Project by Energinet.
Outrigger Expands in Williston Basin With Commitment from XTO
Outrigger Energy II signed a long-term gathering and processing agreement to service XTO Energy's natural gas production in Williams County, ND.
Tumbleweed Acquires Ladder Creek Helium Plant, System from DCP
Newly established Tumbleweed Midstream announced it has acquired the Ladder Creek Helium Plant and its associated 730-mile gathering system in eastern Colorado from DCP Midstream.
India Approves $774 million for Gas Pipeline
India has approved funding of 55.6 billion rupees ($774 million) for a natural gas pipeline in its northeast, Oil Minister Dharmendra Pradhan said on Wednesday, as part of a national gas grid being built to span remote locations.
U.S. Department of Energy Awards $25 Million to Improve Natural Gas Operations
The U.S. Department of Energy (DOE) has selected 16 projects to receive nearly $25 million in federal funding for cost-shared projects to advance natural gas infrastructure technology development.
Qatar to Supply Kuwait with 3 Million Tons of LNG a Year
State-run Qatar Petroleum (QP) said on Sunday it had signed a 15-year agreement to supply Kuwait with up to 3 million tons of liquefied natural gas (LNG) per year.
Oxy Separates Western Midstream in Debt-Reduction Move
Occidental Petroleum said it will make its Western Midstream business a standalone company, shedding $7.8 billion in debt with the former Anadarko pipeline business.
TurkStream Begins Gas Flows to Greece, North Macedonia
Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria's Bulgartransgaz said on Sunday, as Moscow looks to reduce shipments via Ukraine.
Enbridge May Re-file Application for U.S. Deepwater Oil Terminal
Enbridge Inc will consider re-filing its application for federal permits to build a crude export terminal off Freeport, Texas, if market demand picks up, a company spokesman said on Friday.
Mexico to Keep Importing Natural Gas as U.S. Exporters Face Oversupply
Mexican President Andres Manuel Lopez Obrador said on Friday it will be a long time before Mexico produces enough natural gas to become self-sufficient and the country will continue to rely on imports until then, a boon for U.S. exporters.
Mexico's President to Request Rerouting of Planned Gas Pipeline
Mexico's President Andres Manuel Lopez Obrador said that he will ask for TC Energy Corp to be reroute its planned Tuxpan-Tula pipeline so it does not cut across lands considered sacred by communities in Puebla state.
Revolution, Mariner East to Resume after $30 Million Settlement
Pennsylvania fined Energy Transfer more than $30 million on Friday but will allow it to resume construction of its Revolution pipeline. The agreement also lifts a statewide construction ban, enabling work to resume on Mariner East.
Deadly U.S. Attack on Iranian General Rattles Energy Market
Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike.
Oil Prices Surge After U.S. Air Strikes In Iraq
Oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
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.
Greece, Israel, Cyprus Sign EastMed Gas Pipeline Deal
Greece, Cyprus and Israel on Thursday signed a deal to build an 1,180-mile (1,900-km) subsea pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe.
Jordan Gets First Natural Gas Supplies From Israel
Texas-based Noble Energy has begun pumping the first supplies of Israeli gas to Jordan, Jordan's National Electricity Company (NEPCO) said on Wednesday, amid opposition in the Middle Eastern kingdom.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy Inc. said it has approved the construction of one million barrels of new tankage at its Hardisty Terminal.
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. It is the largest private investment ever made in the country, EDP said.
US Crude Output Hits Record in Oct - EIA
U.S. crude oil production in October hit a record 12.66 million barrels per day (bpd), up from a revised 12.48 million bpd in September, the U.S. government said in a monthly report on Tuesday.
Dispute Brews as Russian Suppliers Divert Oil from Belarus
A new dispute over oil could be brewing between Russia and Belarus as Russian suppliers divert large volumes of crude to domestic ports in lieu of a deal on 2020 deliveries between the two countries
Israel Gets First Gas from Leviathan; Exports to Follow
Israel's $3.6 billion offshore Leviathan field started production on Tuesday, transporting gas via a subsea pipeline connected to Israel's transmission system and on to consumers throughout the country.
French Union Extends Blockade of Fuel Deliveries from Total Refinery
France's hardline CGT trade union voted on Monday to extend a blockade of outbound fuel deliveries from Total's Grandpuits refinery near Paris until Jan. 6 as part of nationwide protests against a planned pensions reform.
Russia May Use Vessel Docked in Pacific to Finish Nord Stream 2
Russia may use a vessel currently docked at a far eastern port to finish the Nord Stream 2 gas pipeline to Germany, Russia's energy minister Alexander Novak told reporters on Friday.
Gazprom Pays $2.9 Billion to Ukraine's Naftogaz
Russian gas giant Gazprom announced Friday that it has paid US$2.9 billion to Ukraine's state-owned gas company, Naftogaz, in accordance with a ruling made by the Arbitration Institute of the Stockholm Chamber of Commerce.
Fed Survey: Permian Flaring Hits Record; Service Firms Bearish on 2020
The Federal Reserve Bank of Dallas said in its quarterly energy survey that natural gas flaring and venting reached a record high. It also said about half of oil field service firms plan to cut spending in 2020.
- 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
