Business & Markets
Bloomberg Claims Credit for Killing Coal, Now Targets Gas Plants
Democratic presidential contender Michael Bloomberg broadly, repeatedly — and wrongly — took a huge amount of credit for driving the U.S. coal industry to its knees. Now he wants to target gas plants.
Israel Signs Egypt Gas Permit, Becomes Major Energy Exporter
Israel became a major energy exporter for the first time on Monday after signing a permit to export natural gas to Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online.
Canada Court Hears from Trans Mountain Pipeline Foes
A Canadian court began hearing arguments on Monday from Indigenous groups who oppose the federal government's plan to expand its Trans Mountain pipeline, a project aimed at easing the country's severe oil transport bottlenecks.
Innovation Drives World Record Natural Gas Main Renewal
Drivers along the stretch of Central Avenue crossing the Garden State Parkway by the East Orange General Hospital in New Jersey would have noticed the construction crews, excavations, equipment and vehicles in the middle of the street. What he or she would not know is that the project underway was setting a world record.
Associated Gas Contributes to Growth in U.S. Natural Gas Production
A growing share of U.S. natural gas production is associated-dissolved natural gas, produced from oil wells, which is the result of increased crude oil production from low permeability, tight rock formations – Permian, Bakken, Eagle Ford, Niobrara and Anadarko.
Electrification: Sorting Out Where Natural Gas Supply Fits In
Electrification is a word that is gaining attention these days from the corporate and regulatory boardrooms to the oilfields where hydraulic fracturing and other innovations have vaulted the United States into the global lead for both oil and natural gas production.
Opinion: Tough for China to Buy Enough U.S. crude, LNG
The big, unresolved question from the initial trade agreement between the United States and China is what happens if Beijing cannot meet the massive jump in required commodity purchases.
Epic Approves Second Greenfield Fractionator at Robstown Complex
EPIC Y-Grade will construct its second fractionator in Robstown, Texas, bringing the total fractionation capacity of the project to 270,000 bpd.
Asian LNG Prices Rise for First Time Since October
Asian spot prices for LNG edged up this week after almost two months of declines on new demand and amid signs that the U.S. was close to reaching a trade deal with China.
Vessel Loadings Show Record U.S. LNG Exports in Oct-Nov
U.S. exports of LNG set two consecutive records in October and November 2019, according to U.S. Energy Information Administration estimates. LNG exports averaged 5.8 Bcf/d with 52 exported cargoes in October and 6.3 Bcf/d with 55 exported cargoes in November.
China's 2020 Gas Consumption to Reach 320 Bcm: CNPC
China's gas consumption in 2020 is expected to rise to around 320 Bcm, while the pace of gas import growth is set to slow sharply this year, state energy group China National Petroleum Corp's (CNPC) research arm said on Thursday.
New U.S. Energy Secretary Slams NY for Blocking Gas Pipelines
New U.S. Energy Secretary Dan Brouillette slammed New York state regulators on Thursday for blocking pipelines that would bring natural gas from Appalachia to New England, but did not specify whether the Trump administration could do anything to push the projects forward.
FERC Approves Site Prep for Tellurian's Driftwood LNG Export Plant
Federal regulators said Tellurian can begin site preparation at the site of its proposed $27.5 billion Driftwood LNG export project, a facility that calls for major pipeline construction projects in Texas and Louisiana.
Dominion Energy Partnership to Convert Manure to Natural Gas
Richmond-based Dominion Energy announced that it is launching a $200 million effort to convert methane from cow manure into natural gas.
Father's Energy Legacy Haunts Canada's Trudeau with Angry Albertans
Canadian Prime Minister Justin Trudeau has an unusual challenge as he seeks to charm angry westerners who fear he will destroy the region's oil and gas industry - the legacy of his father, who was reviled in much of the west for his energy policies. (photo Art Babych / Shutterstock.com)
Rosneft Seeks Investors for Vostok Infrastructure
Russia's Rosneft is seeking Japanese investment in the company's $157 billion Vostok oil project, including construction of pipelines, roads and a seaport.
Canada's Encana Files Paperwork to Shift Base to U.S.
Canadian oil and gas company Encana Corp on Wednesday filed paperwork with U.S. and Canadian authorities as part of a plan to shift its base to the United States.
Tallgrass Energy Announces Open Season on Pony Express Pipeline
Tallgrass Energy announces the start of an open season for transportation on its Pony Express crude oil pipeline.
Russia, Ukraine Fail to Reach a New Gas Deal in Paris
The Russian government said Tuesday that the presidents of Russia and Ukraine discussed a new contract for natural gas supplies during peace talks in Paris on Monday, but failed to reach a deal.
Canadian Producer Raises Budget as Alberta Bottlenecks Ease
Canadian oil producer Cenovus Energy Inc said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some curtailments on new oil wells last month.
EPIC Midstream Loads First Oil Tanker at New Texas Export Terminal
EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said.
Ironwood Midstream II Completes Acquisition of Twin Eagle Systems
Ironwood Midstream Energy Partners II said it has closed on its acquisition of West Texas gathering pipelines from a subsidiary of Twin Eagle Holdings and named a Twin Eagle executive to its management team and board of directors.
No Major Impacts on Lake Superior Found from Line 3 Pipeline
An updated environmental review released by a state agency Monday found no serious threat to Lake Superior if crude oil ever leaked from a new pipeline to replace Enbridge Energy's aging Line 3 across northern Minnesota.
Canadian Pacific Crude Train Derails, Catches Fire in Saskatchewan
A Canadian Pacific Railway train hauling crude oil derailed west of Guernsey, Saskatchewan, causing a fire at around midnight local time, railway and police officials said on Monday.
Enterprise, Enbridge to Develop Gulf of Mexico Crude Export Terminal
Enterprise Products Partners and Enbridge Inc have agreed to jointly develop a U.S. Gulf Coast crude export terminal that would load supertankers off Freeport, Texas, Enbridge said on Monday.
MET Energy Holding Plans Billion-Euro M&A Deals in Europe
Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation is finalized next month, MET's CEO said on Monday.
Polish Experts Seek Evidence in Gas Blast that Killed 8
Investigators in southern Poland said they are questioning witnesses and gathering evidence in their probe into a gas blast that killed eight members of one family, including four children.
Belarus Seeks $70 Million Compensation for Russian Tainted Oil
Belarus is seeking about $70 million in compensation because of disruption in flows in a pipeline on its territory caused by contaminated Russian oil, state news agency Belta reported on Sunday.
Russia, Belarus Closer to Resolving Supply, Pipeline Issues: Moscow
Russia and Belarus, who have yet to resolve a dispute over contamination of an oil pipeline, are closer to resolving their differences on oil and gas supplies, Russia's economy minister said Saturday after talks between the two countries.
Asian LNG Buyers Target Record Low Prices in Contract Talks
Asian LNG buyers are starting talks with producers to renew long-term contracts due to expire over the next few years, aiming to secure all-time low prices in deals likely to set new industry benchmarks.
- 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
