Business & Markets
ONEOK Finalizes $1.2 Billion Sale of Natural Gas Pipelines to DT Midstream
ONEOK Inc. has completed the sale of its three interstate natural gas pipeline systems to DT Midstream Inc. for $1.2 billion in cash. The deal included the Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission systems.
FERC Rejects Effort to Regulate Williams’ Gathering Line
(P&GJ) — The Federal Energy Regulatory Commission (FERC) just gave a big boost to interstate pipelines that are considering new connections between shale fields and customers.
Spotlight on Mexico: Construction on Centauro del Norte Pipeline Begins
Nine months after signing the agreement with the Federal Electricity Commission (CFE), Grupo Carso began construction of the first section of the Centauro del Norte Gas Pipeline (GCN) located in Baja, California.
Baker Hughes to Supply Key Equipment for Woodside LNG Project in Louisiana
Baker Hughes has secured a contract from Bechtel Energy to provide liquefaction equipment for two plants as part of Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Steelhead LNG Files Lawsuit Against Cedar LNG, Pembina, and ARC Resources
Steelhead LNG, a Vancouver-based liquefied natural gas developer, has initiated legal proceedings in British Columbia against Cedar LNG, Pembina Pipeline Corporation, and ARC Resources Ltd., alleging unauthorized use of proprietary information related to LNG facility development.
U.S. Natural Gas Prices See Best Year Since 2016 as LNG Export Demand Surges
U.S. natural gas futures retreated on Tuesday as traders booked profits after prices surged to a two-year peak in the previous session, though the market looked set for its biggest annual jump since 2016 fueled by an increase in gas flowing to liquefied natural gas (LNG) export plants on higher overseas demand.
Zoo Zaps Gas Line Woes Using Plastic Pipe
(P&GJ) — The latest renovation at the Baton Rouge Zoo included an important one that visitors will never see. Buried under the canal at the entrance is a new natural gas supply pipeline that will also protect the zoo and the more than 200,000 annual visitors.
Chart Industries Secures Equipment Order for Woodside LNG Project
Chart Industries Inc. has been selected to supply liquefaction technology and equipment for Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Hexagon Agility Secures $11 Million Order for Natural Gas Modules
(P&GJ) — Hexagon Agility, a division of Hexagon Composites, has secured a $11.2 million order for its Mobile Pipeline TITAN 450 modules from a prominent U.S.-based oilfield services company.
Iraq Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.
Court Temporarily Halts Construction of Tennessee Pipeline
(P&GJ) — Environmental opposition continues to bedevil proposed pipeline projects, both at the state and federal level, and Kinder Morgan’s Tennessee Gas Pipeline Company’s Cumberland Pipeline project is the latest poster child.
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.
- 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
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- US Poised to Become Net Exporter of Crude Oil in 2023
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
