Business & Markets
Cheniere Produces First LNG at Corpus Christi Stage 3 Project
Cheniere Energy on Monday said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.
Whiting Refinery Back to Normal Following Pipeline Leak, BP Says
BP's 435,000-barrel-per-day (bpd) Whiting, Indiana, refinery was operating normally following a leak from a pipeline that transports liquid material, the company said.
U.S. Natural Gas Prices Surge 23% Amid Cold Snap, Rising LNG Demand
U.S. natural gas futures soared more than 23% on Monday to mark their biggest daily percentage increase in two months, fueled by forecasts for more cold weather in January and an increased amount of gas flowing to liquefied natural gas (LNG) export plants.
Martin Midstream, Martin Resource Management Call Off Merger After Unitholder Pushback
Martin Midstream Partners has announced the termination of its merger agreement with Martin Resource Management Corp. Under the agreement, MRMC would have acquired all outstanding common units of MMLP not already owned by MRMC and its subsidiaries.
EXIM Approves $527 Million for Guyana Gas-to-Energy Project Supporting U.S. Jobs
The Export-Import Bank of the United States (EXIM) has approved $527 million in financing for a gas-to-energy project in Guyana, aiming to strengthen the country’s energy security and reduce its carbon footprint.
‘Skyrocketing’ Costs Loom Large for Urban Infrastructure Construction
(P&GJ) – When the National Association of Regulatory Utility Commissioners (NARUC) held its 2024 annual meeting in Anaheim, California, in November it extended operations for an ongoing task force studying ways to better integrate regulations for natural gas and electricity delivery systems.
Projects December 2024
Explore the latest updates in pipeline and gas infrastructure, featuring new systems, expansions, and innovative developments shaping the industry. Stay informed on significant projects that enhance operational efficiency and drive growth in the energy sector.
Editor’s Notebook: Happier Days Off the U.S. Gulf Coast
In this exclusive Pipeline & Gas Journal article, Enbridge unveils plans for two new offshore pipelines in the Gulf of Mexico to support bp's Kaskida project, showcasing the region's ongoing oil and gas infrastructure expansion.
Cerilon GTL Secures Final Permit for North Dakota Gas-to-Liquids Facility
Cerilon GTL has received the final major permit required to move forward with its innovative gas-to-liquids (GTL) facility near Williston, North Dakota.
Putin Blames Ukraine for Gas Transit Impasse, Says No Time for New Deal
President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.
U.S. Natural Gas Prices Fall 5% From 2-Year High on Milder January Forecast
U.S. natural gas futures fell more than 5% on Thursday from a near two-year high in holiday-thinned trade as forecasts for less cold conditions in the short-term overshadowed support from a rise in the amount of gas flowing to liquefied natural gas (LNG) export plants.
Gazprom's Gas Output to Rebound to 416 Bcm in 2024 Amid Record Domestic Supply
Alexei Miller, the head of Russia's Gazprom, said on Thursday the group's natural gas production is set to rise this year by 61 billion cubic meters (Bcm) to around 416 Bcm.
Venture Global's LNG Tanker Likely Carrying First Plaquemines Cargo to Germany
U.S. liquefied natural gas (LNG) company Venture Global LNG's tanker Venture Bayou, currently stationed at the Plaquemines LNG export plant in Louisiana, is expected to head to Brunsbuttel, Germany and will likely arrive there by Jan. 8, according to LSEG data.
Germany's DET to Offer Limited LNG Slots at Wilhelmshaven in May
Germany's LNG terminals have helped calm markets by giving evidence that gas supplies are being stabilized and new overseas suppliers sought after westward gas exports from Russia stopped. This has helped cut gas prices from multi-year highs.
Mexico's Oil and Gas Output Hits Yearly Low in November, Falling Short of Targets
November was also the second month the country missed the 1.8 million barrel-per-day production target for crude oil and condensate, which President Claudia Sheinbaum has vowed to maintain during her six-year term.
Kazakhstan Boosts Oil Supplies to Germany via Druzhba Pipeline in December
Kazakhstan's pipeline operator Kaztransoil said on Tuesday that oil supplies to Germany via the Druzhba pipeline will be increased to 135,000 metric tons (32,000 barrels per day) this month from the planned 130,000 tons.
Oil Prices Edge Higher on Cooling U.S. Inflation, Economic Policy Hopes
Oil prices inched higher on Monday, along with other risk assets, after U.S. data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth and oil demand.
U.S. Natural Gas Demand for LNG Exports Drops for First Time in 8 Years
Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago.
Venture Global LNG Seeks Force Majeure Extension to 2025, IPO Filing Reveals
Venture Global LNG wants to extend the force majeure at its Calcasieu Pass liquefied natural gas plant in Louisiana to 2025, delaying first supplies under long-term contracts to three years after starting production, according to its initial public offering document.
Japan Gas Lobby Calls for Diplomacy to End LNG Destination Clauses
The head of the Japan Gas Association on Friday urged the government to enhance diplomatic efforts to eliminate destination clauses in long-term liquefied natural gas (LNG) contracts, ensuring flexibility for resale in response to demand trends.
Oil Flow via Russia’s Druzhba Pipeline Halted by Technical Issues
Russian and Kazakh oil flows to Hungary, Slovakia, the Czech Republic and Germany via the Druzhba pipeline have stopped since Thursday due to technical problems at a Russian pumping station, four people familiar with the matter said.
McDermott Opens Advanced Pipeline Welding and Technology Hub in Dubai
McDermott has inaugurated a state-of-the-art welding and technology center at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. The 4,100-square-meter facility, designed for research, development, and qualification, can accommodate up to 250 personnel.
U.S. Natural Gas Prices Surge 5% to 23-Month High on Colder Forecasts, Rising LNG Feedgas
U.S. natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spot prices by reducing output as in past years.
Woodside’s Pluto Train 2 Modules Arrive, Scarborough LNG Project Advances
The Scarborough Energy Project achieved a major milestone with the final modules for Pluto Train 2 arriving at the Pluto LNG facility in Karratha, Western Australia. This development brings Woodside Energy closer to its goal of delivering first LNG by 2026.
APGA Chair Focuses on Safety, Lines of Communication
Pipeline & Gas Journal presents an exclusive profile of Kathy Garcia, APGA Chair and CPS Energy executive. With over 6,000 miles of underground pipelines under her purview, Garcia shares insights on APGA’s priorities, infrastructure growth, and natural gas advocacy, emphasizing collaboration and innovation in the energy sector.
Energy Transfer Signs 20-Year LNG Deal with Chevron for Lake Charles Project
Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum (mtpa) of LNG to Chevron from the Lake Charles project in Louisiana.
DNR Investigates 70,000-Gallon Oil Spill from Enbridge’s Line 6 Pipeline in Wisconsin
The Wisconsin Department of Natural Resources (DNR) is investigating a significant crude oil spill along Enbridge Energy’s Line 6 pipeline in Jefferson County, Wisconsin, near the town of Oakland, about four miles east of Cambridge.
Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
Tennessee Gas Pipeline, a Kinder Morgan subsidiary, greenlights the 206-mile Mississippi Crossing Project, set to deliver up to 1.5 Bcf/d to Southeast U.S. markets by 2028.
Oil States Sells Houston Ship Channel Facility for $24.8 Million
Oil States International Inc. has finalized the sale of its idled Houston Ship Channel facility, generating $24.8 million in net proceeds. The sale is part of the company’s broader strategy to optimize its operations and improve financial flexibility.
Matador Closes $600 Million Pronto Midstream Deal, Strengthens Balance Sheet
Matador Resources Company has finalized the contribution of its wholly-owned subsidiary, Pronto Midstream, LLC, to its midstream joint venture, San Mateo Midstream, LLC. The deal values Pronto at approximately $600 million and brings San Mateo's total estimated asset value to over $1.5 billion, net to Matador.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- New Alternatives for Noise Reduction in Gas Pipelines
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
