Business & Markets

Equitrans Midstream and PHMSA Collaborate to Improve MVP Pipeline Safety

(P&GJ) — Equitrans Midstream, the operator of the Mountain Valley Pipeline (MVP), entered into an agreement on Oct. 3 with the Pipeline and Hazardous Materials Safety Administration (PHMSA) to strengthen the pipeline's safety and regulatory compliance.

416-Mile Coastal GasLink Pipeline Project 98% Complete

(P&GJ) — TC Energy’s Coastal GasLink pipeline project is 98% complete, signaling the culmination of a significant milestone in the development of the 670-km (416-mile) pipeline, according to the company’s September construction update.

LNG Custody Transfer System Provides Transparency

(P&GJ) — With the skyrocketing cost of fuel, the value of any mistakes made while loading and unloading liquid natural gas (LNG) carriers is increasing. This makes it even more important for plant and instrumentation managers to have access to the most accurate measurement tools.

Japan's Inpex, Partners Study Ammonia Production and Export Project in US

Inpex , Japan's top oil and gas producer, and its partners have agreed to study developing a low-carbon ammonia production and export project on the Houston Ship Channel in the United States, Inpex said on Tuesday.

At Least 15 Killed in Explosion at Illegal Nigerian Oil Refinery

At least 37 people, including two pregnant women, were burned to death after a blast at an illegal oil refinery in southern Nigeria, a local security official and community leader said on Tuesday.

Biden Angers All Sides with Scaled Back Offshore Oil Drilling Plan

The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming.

Egypt to Resume LNG Exports, Aiming to Reach 12 Million Tons Annually

Egypt, which faces growing demand for gas from its population of 105 million, will resume LNG exports this month as planned, petroleum minister Tarek El Molla said on Tuesday.

Freeport LNG Asks FERC to Authorize Texas Export Plant Restart

U.S. LNG company Freeport LNG sought permission from federal energy regulators to take more steps to return its export plant in Texas to full commercial operation.

ADNOC Gas Awards $600 Million Carbon Capture Contract to Petrofac

U.K. oil services firm Petrofac said on Tuesday it got a more than $600 million contract from ADNOC Gas for the Habshan carbon capture and storage (CCS) project, as the Abu Dhabi-based company steps up its decarbonization plan.

Navigator CO2 Ventures Seeks Pause in Iowa Permit Process for 1,300-Mile Carbon Pipeline

Navigator CO2 Ventures has asked Iowa regulators to pause the permit application process for its carbon capture and storage (CCS) pipeline project that will run across five U.S. Midwest states as it awaits approval in Illinois, where its carbon storage site would be located.

US LNG Exports Slump in September as Plant Outages Pare Output

U.S. LNG exports in September decreased slightly compared to August, primarily due to maintenance outages at key gas-processing plants. Cheniere's Corpus Christi facility operated at reduced capacity for four days, while ongoing maintenance at Berkshire Hathaway Energy's Cove Point facility in Maryland also impacted LNG exports last month.

898-Mile Uganda–Tanzania Oil Pipeline Nearing Completion, Set for 2025 Debut

The 1,445-kilometer (898-mile) East African Crude Oil Pipeline (EACOP) that will transport crude from Tilenga and Kingfisher is set to come online in 2025, Uganda National Oil Co.'s chief executive said in an interview.

Venture Global Expands Partnership with Baker Hughes for Modular LNG System

(P&GJ) — Venture Global LNG has extended its partnership with Baker Hughes to develop a modularized LNG system and power island. This expansion comes as part of a master equipment supply agreement, recently expanded to over 100 million tons per annum (MTPA) from the initial 70 MTPA.

Moldova Will No Longer Buy Gas from Russia's Gazprom

Much of Moldova will no longer buy gas from Russian energy giant Gazprom, Moldovan Energy Minister Victor Parlicov said on Monday, referring to parts of the country that capital Chisinau controlled and not breakaway areas.

Eni Makes Major Gas Discovery in Indonesia

Italian energy group Eni has made a significant gas discovery in Indonesia, opening the door to strengthening its position in the Asian country, where it has been present since 2001 with a portfolio of exploration and production assets.

Turkey to Resume Operations of Iraq Oil Pipeline This Week

Turkey will restart operations this week on a crude oil pipeline from Iraq that has been suspended for about six months, Turkey's Energy Minister Alparslan Bayraktar said on Monday.

Study Finds Growth Within Thermal Flowmeter Market

(P&GJ) — Thermal flowmeters are riding the surge of gas flow measurement in both renewable and traditional natural gas applications, according to a new study from Flow Research, “The World Market for Thermal Flowmeters.”

Oil Pipeline Rupture in Western Ukraine Injures Nine, Triggers Fire

An oil pipeline ruptured in western Ukraine on Saturday, injuring nine people, including four children, and triggering a large fire, the regional governor said.

Turkey's BOTAS to Supply 2 Million Cubic Meters of Gas to Moldova Starting in October

Turkey's state gas grid operator BOTAS said on Thursday it had signed a deal to supply Moldova with 2 million cubic meters of natural gas per day from October, in the second such agreement announced by the operator in as many days.

US Crude Production Climbs to Near Record High in July

U.S. crude oil output grew in July to near its pre-COVID peak in 2019, fueled by a record level of production from Texas, the top U.S. shale oil producer, the U.S. Energy Information Administration said on Friday.

Cheniere Energy's Gas Intake at Texas LNG Plant Down for Fifth Day

Gas flows to Cheniere Energy's Corpus Christi, Texas, LNG export plant on Friday were reduced for a fifth consecutive day, according to data provider LSEG.

Joint Venture to Establish First LNG Ship Bunkering Hub in U.S. Gulf

A joint venture is developing the first dedicated LNG bunkering facility for ships in the U.S. Gulf amid efforts by the maritime industry to find cleaner fuel solutions, executives said on Thursday.

LM Energy Sells New Mexico Oil Gathering Assets, Including 130 Miles of Pipelines

(P&GJ) — LM Energy Holdings LLC has entered into definitive agreements to sell certain subsidiaries and assets related to its Touchdown Crude Oil Gathering System in Eddy and Lea counties, New Mexico.

Woodside Needs New Seismic Approval for Scarborough Gas Project

Australia's federal court on Thursday halted approval for Woodside to conduct seismic blasting under the seabed for its $12 billion Scarborough gas project after a legal challenge by an Indigenous woman.

Saudi Aramco to Acquire Stake in EIG's MidOcean Energy for LNG Expansion

Saudi Arabia's oil group Aramco said on Thursday it had agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 million, with an option to increase the size of the shareholding.

Analysis: US Carbon Capture Pipeline Setbacks Reflect Challenges in Climate Fight

A series of permit rejections for two high-profile carbon pipeline projects in the U.S. Midwest could bode poorly for carbon capture and storage (CCS) as a widespread solution to climate change, reflecting deep-seated public concern about its risks and environmental impacts.

CEPS Secures Deal for Net4Gas; Adds 2,485 Miles of Gas Pipelines to Portfolio

The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas, which operates nearly 4,000 km (2,485 miles) of pipelines shipping gas to and from Germany and Slovakia and for domestic consumption.

Enbridge Launches New Gas Capacity Open Season for C1 Transportation Service

(P&GJ) — Enbridge Gas is hosting a new capacity open season for C1 firm transportation service, providing up to 317,000 GJ/d starting on Nov. 1, 2026, for a minimum five-year term along the Dawn (Facilities) to Dawn (Vector) transportation path.

Cushing Oil Hub's Low Levels Spur Quality, Operational, Price Worries

U.S. crude stockpiles at the key Cushing, Oklahoma, storage hub are at their lowest in 14 months due to strong refining and export demand, prompting concerns about the quality of the remaining oil and the potential to fall below minimum operating levels, traders and analysts said.

NextEra Energy to Sell Florida City Gas to Chesapeake Utilities for $923 Million

NextEra Energy said on Tuesday it plans to sell Florida City Gas (FCG) to Chesapeake Utilities for $923 million in cash. FCG’s natural gas infrastructure encompasses approximately 3,800 miles of distribution mains and 80 miles of transmission pipelines.