Business & Markets
Russia Says Bulgaria to Complete TurkStream Portion By 2020
Bulgaria has promised Russia that it will complete its portion of the TurkStream pipeline on schedule bringing it in service by early 2020.
TC Energy to Cut October Volumes on Keystone Pipeline After Force Majeure: Sources
TC Energy Corp will cut crude volumes flowing through the Keystone oil pipeline for the rest of October after declaring force majeure due to a snowstorm in Manitoba over the weekend, sources familiar with the matter said on Thursday.
First Part of TurkStream Filled With Gas
Russia's Gazprom has begun filling the first part of the undersea TurkStream pipeline with gas, the pipeline operator said on Friday.
DTE Energy to Buy Natural Gas Gathering System, Pipeline for $2.25 billion
- DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale for $2.25 billion in cash.
Basalt to Acquire Natural Gas Transmission Business from Third Coast Midstream
A fund managed by Basalt Infrastructure Partners (“Basalt”) has announced it has entered into a definitive agreement to acquire Third Coast Midstream LLC’s natural gas transmission business (the “Natural Gas Transmission Business”).
Gas Futures Rise on Permian Highway Delay
U.S. natural gas futures for the winter of 2020-2021 gained the most of any contracts on Thursday after Kinder Morgan delayed the projected in service date for its $2 billion Permian Highway gas pipe in Texas to early 2021.
Woodside Targets FIDs on Browse, Scarborough Gas Projects
Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline
TC Declares Force Majeure on Keystone Shipments after Storm
TC Energy Corp has declared force majeure on shipments on its 590,000-barrel-per-day (bpd) Keystone oil pipeline after a snow storm hit Manitoba over the weekend, disrupting operations.
Pipeline Shipments from Kashagan Fall with Unplanned Maintenance
Pipeline shipments from Kazakhstan's giant Kashagan project have decreased since Oct. 6 due to unplanned maintenance, but the energy ministry said repairs were completed on Tuesday.
Kinder Morgan Reports 'Momentous' Third Quarter
Kinder Morgan reported what CEO Steve Kean described as a "momentous" third quarter Wednesday as the company achieved a 13% increase in natural gas transport volumes and the completion of major pipeline and LNG projects in the period ended Sept. 30.
Trump to Headline Gas Industry Gathering in Pennsylvania
Natural gas industry groups say President Donald Trump will give keynote remarks at their annual conference in the battleground state of Pennsylvania next week.
Phillips 66 Sets Rates for Gray Oak Crude Pipeline
— Phillips 66 Partners LP set spot rates of $4.75 a barrel to ship crude on its new 900,000-barrel-per-day (bpd) Gray Oak crude pipeline within points in Texas, according to a filing this week.
Rangeland Midstream Canada Begins Construction of Marten Hills Pipeline System
Rangeland Midstream Canada has commenced the construction of its Marten Hills Pipeline System.
ARB Midstream Announces Start-up of DJ Basin Crude Oil Gathering System
ARB Midstream subsidiary DJ South Gathering announced a key expansion of its fast-growing crude oil gathering and transportation system in the DJ Basin in northeastern Colorado.
U.S. Sanctions Turkish Energy Operations
The United States has sanctioned Turkey’s energy ministry in response to the Turkish cross-border offensive in northeast Syria, including BOTAS, which operates the country's gas infrastructure and is party to gas import contracts.
China's Gas Demand Growth to Slow to 10% This Year: Sinopec
China's natural gas demand is expected to reach 307 Bcm this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas said , as a slowing economy hits consumption.
In a Twist, LNG Takes NatGas Market Share in Europe
Europe’s two biggest suppliers of pipeline gas lost market share for the first time in at least four years as LNG imports into the region tripled between October and August.
Kinder Morgan Takes Final Bow Out of Canada
A year after selling its Trans Mountain Pipeline system and expansion project to Canada’s government for $4.5 billion, U.S. operator Kinder Morgan is making its final exit from the “Great White North” with the $3.3 billion sale of Kinder Morgan Canada and the Cochin Pipeline system to Calgary-based Pembina Pipeline.
TechnipFMC Awarded Significant Subsea Contract for Vietnam Gas Pipeline
TechnipFMC has been awarded a significant contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
National Grid Says it Will Reconnect Gas Customers After NY Order
National Grid Plc said on Monday it was taking steps to reconnect about 1,000 natural gas customers in New York City and Long Island following a state order after the utility previously refused to reinstate service, citing short supply.
FERC Approves Sendero Carlsbad Gateway Project
Federal regulators have authorized construction of the Sendero Carlsbad Gateway natural gas project in the Permian Basin, including a 23-mile, 400 Mmcf/d pipeline from its Carlsbad processing plant to White Water Midstream's Agua Blanca pipeline.
Price Spikes in New England Limited by Natural Gas
It seems like each winter we see consumers in New England suffering not just from freezing temperatures but also the highest energy prices in the country – largely because there’s not enough natural gas infrastructure to serve the region during periods of peak winter demand. This past winter, the news was a little bit better.
Investors Flock to Finance Calcasieu Pass LNG Construction
Venture Global LNG said it has made a final investment decision to proceed with development of its $5.8 billion Calcasieu Pass liquefaction facility after financing was nearly two times oversubscribed with more than $10 billion in binding commitments.
Brazil’s LNG-to-Power Complex Funded; Phase 2 Underway
The Gas Natural Açu (GNA) joint venture between Prumo Logistica, BP and Siemens – developer of Brazil’s largest infrastructure project – has gained regulatory approval for LNG imports and satisfied lender conditions for $750 million in project financing to complete the 1.3 GW first phase of its LNG-to-Power complex at the Port of Açu.
Laguna-Aguascalientes Gas Pipeline Propels Growth in Mexico
It is estimated that by 2026 in Mexico, natural gas demand will double the total amount of natural gas produced in 2012. Meanwhile, the current conditions suggest production will increase 2.8% annually.
Global Oil Majors See Surge in Indian Demand for Natural Gas
Global oil and gas majors are looking to India, the world's third biggest oil importer, to buy some of their excess liquefied natural gas (LNG) as the South Asian nation improves its gas infrastructure and strives to reduce emissions.
India Investing $60 Billion on National Gas Grid by 2024
India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday.
Italy's Snam Looking to Raise Hydrogen Mix in Its Pipelines
Italy’s Snam is planning to inject more hydrogen into its gas pipeline network and will be able to count on the backing of Rome as the new government rolls out its new climate package.
Norway Gas Production to Decline in 2020 with Maintenance
Maintenance at Norway's natural gas fields and processing plants is scheduled to cut production capacity by some 5.35 Bcm in 2020, less than in 2019, according to a Reuters calculation based on data from system operator Gassco.
Canada's Alberta Moves Closer to Creating 'Energy War Room'
The government of Alberta, Canada's main oil-producing province, on Wednesday took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry.
- 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
