Business & Markets

Gazprom Proposes Short-Term Gas Deal with Ukraine

Russia's Gazprom said it has sent a letter to Ukraine formally proposing either to extend a current deal supplying gas to the country for its own use and for transit to Europe or to sign a new one-year agreement.

At Least 7 Killed in Gas Explosion in Bangladesh

At least seven people were killed and eight injured on Sunday after a gas pipeline exploded in the Bangladeshi port city of Chittagong, a police official said.

Dominion's Cove Point LNG Terminal Loads 100th Commercial Ship

Dominion Energy's Cove Point LNG Terminal said it loaded its 100th commercial LNG ship this week—nineteen months after the facility entered commercial service for natural gas liquefaction and export.

Whistler Pipeline Consortium Announces Binding Open Season

Whistler Pipeline, LLC has announced a binding Open Season to solicit commitments for the remaining capacity on the Whistler Pipeline.

Poland Says it Will Stop Importing Russian Gas Unless it Secures Better Contract

Poland’s state gas company said Friday it will stop importing natural gas from Russia’s Gazprom when a long-term contract expires in three years, unless it can secure better commercial terms.

MoGas Pipeline Announces Open Season

MoGas Pipeline has announced an open season to solicit interest on its natural gas pipeline system in Missouri and Illinois.

National Grid Addresses NY Challenges as AGA Weighs In

National Grid said it was confident it would be able to address concerns over gas supplies raised this week by governor of New York, while AGA condemned the "punitive measures."

European Investment Bank Will Stop Funding Fossil Fuel Projects by End-2021

In a landmark decision, the European Investment Bank, the world's largest multilateral lender, said on Thursday it would stop funding fossil fuel projects at the end of 2021.

Allseas Installs Real-Time Pipelogger for Major Subsea Pipeline Project

Allseas installed WFS Technologies’ new Seatooth Pipelogger for the real-time measurement of process temperature on a subsea pipeline system. The pipeline system is designed to have a total gas throughput capacity of 31.5 Bcm per year.

Germany Makes Legal Changes to Ease Nord Stream 2 Completion

Germany's parliament on Wednesday approved changes to the law governing the Nord Stream 2 gas pipeline to make it compliant with European Union regulations, removing a hurdle to completion of the Russia-led project.

TC Energy Cuts November Keystone Volumes by About 39% After Leak - Sources

A source has reported that TC Energy will cut November volumes on its Keystone pipeline by nearly 39%, higher than previous estimates, following a leak on the line two weeks ago.

Ironwood Midstream Forms Ironwood Midstream II, Purchases Gathering Pipelines

Ironwood Midstream has formed Ironwood Midstream II and has purchased over 100 miles of crude oil gathering pipelines.

Imperial Oil Ramping Up Crude by Rail, Not Pursuing Government Rail Leases

Imperial Oil is increasing its crude rail shipments after the recent Keystone pipeline outage but is not looking to take over Alberta's government rail contracts.

Why Tanzania, Zambia Want a New Oil Pipeline

Demand for refined petroleum products in Tanzania has been increasing in recent years, and the East African country has proposed a new oil pipeline project to meet the consumption requirement for refined fuel

Hungary Expects Gas from Russia's TurkStream by Late 2021

Hungary plans to be able to get natural gas from the TurkStream pipeline by the end of 2021, Prime Minister Viktor Orban said after hosting a meeting with Turkish President Recep Tayyip Erdogan.

Mild Winter, Softer Economy Weaken Asian LNG Markets

LNG spot prices in Asia have dropped to seasonal lows on expectations of a mild winter depressing demand for gas for heating. A slowdown in China's coal-to-gas switch amid a weaker economy is also having an impact.

Keystone Resumes Crude Oil Deliveries at Reduced Volumes

TC Energy said that its Keystone pipeline has returned to service following the approval of its repair and restart plan by the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA).

China's West-to-East Pipeline Throughput Hits 25 Bcm/Year

The supply of natural gas from the Tarim oilfield through the West-to-East gas pipeline has increased to 25 Bcf/year, according to the PetroChina Tarim Oilfield Company.

Leased Russian Tanker Heads for U.S. to Load LNG Cargo

A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for an LNG terminal in the United States, according to ship-tracking data from Refinitiv's Eikon.

Moda Midstream to Expand Loading Center, Evaluate New Pipeline

Along with expanding its Ingleside Energy Center to allow for VLCC loading, Moda Midstream is also evaluating building a new pipeline.

New Gas Pipelines Adding Capacity from U.S. South Central, Northeast

The United States is expected to add between 16 billion cubic feet per day (Bcf/d) and 17 Bcf/d of natural gas pipeline capacity in 2019, most of which was built to provide additional takeaway capacity out of supply basins.

Energy Transfer Expects Supertanker Facility in Service by 2023

Energy Transfer said on Thursday that it is expecting to have its offshore export facility in Texas capable of loading supertankers in service by early 2023.

Kinder Morgan Completes Acquisition of Southcross Energy Assets

Kinder Morgan Tejas Pipeline completed its $76 million acquisition of Southcross Energy natural gas pipeline assets Thursday, including the Corpus Christi Pipeline Network and Bay City Lateral.

Noble Energy Closes Purchase of Interest in EMG Pipeline

Noble Energy has closed its acquisition of a 39% stake in the EMG pipeline.

Saipem Wins $100 Million Equatorial Guinea Pipeline Contract

Italy's Saipem has won a $100 million contract to build a 43-mile subsea pipeline in Equatorial Guinea.

PennEast Developers Press on Despite Court Decision

The companies developing the $1 billion PennEast natural gas pipeline remain committed to building the project and are evaluating their options after a federal appeals court decided not to rehear an earlier decision against the pipeline.

Pioneer Natural CEO Calls Out Permian Basin Gas Flaring

The chief executive of Pioneer Natural Resources, Scott Sheffield, called on Permian Basin producers to limit natural gas flaring and to monitor for methane leaks.

Occidental to Slash Spending After Swinging to Loss

After posting higher losses than expected, including drops in its midstream profits, Occidental is cutting spending on big projects for next year.

Centurion Pipeline Launches Binding Open Season for Augustus Pipeline

Centurion Pipeline has launched an open season to gauge interest for a proposed crude oil pipeline from Midland to Crane, TX.

Keystone Restart Unknown, Leak Source Unclear

The exact cause of the Keystone Pipeline leak that spilled over 9,000 barrels of oil last week is still unknown as is the timeline for when the pipeline will be restarted.