Business & Markets
Israel-Egypt Gas Pipeline Deal Closed “In Practice”
The EMED joint venture consisting of Noble Energy, Israel's Delek Drilling and Egypt's East Gas Co has all but completed its purchase of a 39% stake in the subsea EMG pipeline.
NGL Energy Partners LP Closes Acquisition of Hillstone
After acquiring Hillstone LLC, NGL Energy now has approximately 380 miles of water disposal pipelines serving the Delaware Basin.
Cheniere Targets Early Start of Texas LNG Exports: First Half 2021
Cheniere Energy Inc said on Friday it expects to reach substantial completion of the third liquefaction train at its Corpus Christi LNG export plant in Texas earlier than previously expected in the first half of 2021.
Shippers Seek Alternatives as Crews Work to Plug Keystone Leak
Shippers on the Keystone pipeline are seeking alternative sources of supply as workers from TC Energy begin working to plug the line which leaked on Tuesday.
High on Earnings, TC Energy Plans C$1.2 Billion System Expansion
Fresh off of a 55% quarterly increase in liquids transportation earnings, Keystone pipeline operator TC Energy said it will proceed with another C$1.2 billion expansion to its pipeline system.
Marketlink Oil Line From Cushing Cuts Rates After Keystone Leak - Sources
TC Energy's Marketlink crude oil pipeline was operating at reduced rates on Thursday due to supply constraints after the company's Keystone pipeline was shut following a leak.
Enbridge Wins Court Backing to Build Great Lakes Pipeline Tunnel, Keep Line Running
A Michigan state judge has approved an agreement between Enbridge and the state to allow the company to build a tunnel to house its Line 5 pipeline under the Great Lakes and continue to run the pipeline during construction.
Magellan Midstream to Redesign Proposed Voyager Crude Pipeline
After reviewing the results from an open season on Magellan Midstream's proposed Voyager Pipeline, the company has decided to redesign the project to develop a more "capital efficient solution."
Ukraine to Develop Gas Transit Company in Effort to Bolster Talks with Russia
In an effort to improve its position in gas transit talks with Russia, Ukraine is developing its own transport company.
Russia Signs First Tainted Oil Settlement Deal in Hungary
Russia and Hungary have signed their first compensation agreement for contaminated oil that flowed to Hungary on the Druzhba pipeline earlier this year.
Tallgrass Energy Secures Oil Shipper Contracts for Pony Express Pipeline
Tallgrass Energy has secured additional shipper contracts on its Pony Express Pipeline as it recontracts parts of the line.
Putin, Hungary's Orban to Discuss TurkStream Pipeline
Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban are hoping to agree on terms for the TurkStream Pipeline at a meeting this week.
Seaway Announces Upcoming Open Season
Seaway Pipeline Company has announced plans to hold an open season to gauge interest in a possible expansion of one of its crude oil pipeline systems.
Denmark Approves Nord Stream 2 Project
The Nord Stream 2 project has been approved by Denmark, the last remaining country needed to finish the pipeline.
Enterprise Midland-to-ECHO Pipeline System Expansions to Add 450,000 bpd Each
Enterprise's CEO reported on the company's earnings call that upcoming expansions on 2 of its pipelines will add 450,000 bpd of capacity to each line.
German Pipeline Operator Confirms Country’s Winter Gas Supplies Secure
German pipeline operator group FNB has said that despite transit restrictions on area pipelines, the country will have plenty of natural gas to get through the winter season.
EPIC Crude Oil Pipeline Announces Third Open Season
EPIC has announced a third open season on its 400,000 bpd EPIC Crude Pipeline.
Singapore Committed to Natural Gas Power
Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government official said.
Small Oil & Gas Companies get Cold Shoulder from Big Banks
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.
Dirty Oil Settlement Expected Between Lukoil, MOL
Russian oil producer Lukoil and Hungarian energy company MOL are reportedly set to sign a settlement deal over contaminated oil during Russian President Putin's visit to Budapest this week.
EPCM to Build Pipelines for South Africa's First Helium Plant
Renergen said it has commissioned South Africa’s first commercial LNG and liquid helium plant and appointed EPCM Bonisana to install the pipeline and manage the interface.
Crude-by-Rail Contracts Cause for Alberta Forecast Budget Deficit
Alberta, Canada is forecasting a budget deficit for 2019-20 caused in large part by crude-by-rail contracts with midstream companies signed in the midst of pipeline congestion.
Phillips 66 Beats Profit Estimates with Help from Midstream Assets
Phillips 66 midstream assets helped the company produce better than expected profits last quarter.
Crude Flows to Houston Slow as Permian Pipelines Shift to Corpus - Data, Traders
Crude flows from the Permian into Houston have slowed recently as prices flowing to Corpus Christi have dropped making it more attractive to shippers.
New Exxon Partner Prefers Arctic LNG Shipping to Alaska LNG Pipeline
A new company plans to partner with Exxon to ship liquefied natural gas from Alaska’s North Slope to Asian markets as an alternative to an Alaskan pipeline.
Carlyle Group Quits $1 Billion U.S. Oil Export Project
The Carlyle Group has announced it is backing out of $1 billion oil export project near Corpus Christi, TX.
Norway's Equinor Eyes Natural Gas Infrastructure in Brazil
Norway's Equinor is actively looking to install new natural gas infrastructure on the coast of Brazil to help facilitate the large amounts of gas being produced in the country.
FERC Issues Commonwealth LNG’s Notice of Schedule for Environmental Review
FERC has issued a Notice of Schedule for Environmental Review for the Commonwealth LNG project.
Equinor to Ship First Sverdrup Oil Cargo to China
Equinor is planning to ship its first cargo of crude from Norway's giant Johan Sverdrup field to China this week.
Ecuador State Oil Firm Reopens Oil Pipeline, Resumes Exports After Protests
Ecuador's state oil company has resumed shipping on a major oil pipeline after government protests forced it to declare a force majeure earlier this month.
- 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
