Business & Markets
P&GJ’s Europe 500 Report of Top Pipelines
(P&GJ) — Following is a listing of some of the longest transportation routes on the continent of Europe as of July 2023. This third such report will be broken down into two sections, gas and liquids (oil and products), which will be updated in each of our September issues going forward.
How Emissions Are Measured: Gas Concentration vs. Emission Rate
(P&GJ) — The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed a rule in May that included significant measures to reduce emissions from pipelines and other midstream infrastructure.
Trans Mountain Pipeline Expansion to Disrupt Oil Flow to US, Boost Prices
Canada's Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from Alberta to Canada's Pacific Coast beginning early next year, will shake up North America's supply by diverting barrels now mainly delivered to refiners and exporters in the U.S. Midwest and Gulf Coast.
U.S. Lawmakers Urge Biden to Revive Kurdistan Pipeline for Economic Relief
A new U.S. approach is needed to facilitate the re-opening of a pipeline between Iraq's northern semi-autonomous Kurdistan region and Turkey, a trio of U.S. congressmen urged President Biden in a letter seen by Reuters.
Germany's SEFE Studying Hydrogen Production, WIGA Stake Hike
Nationalized German gas importer and trader SEFE on Tuesday said it was interested in clean hydrogen production under its remit to help spearhead the green energy transition.
DNO Makes Norway Gas Condensate Discovery
Norwegian oil company DNO said on Tuesday it had discovered gas condensate at its Norma prospect in the North Sea and that it would continue to drill for more resources nearby.
Japan's Mitsui to Comply with Arctic LNG 2-Related U.S. Sanctions
Japan's Mitsui said on Saturday it is committed to complying with restrictions in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 liquefied natural gas project in which it holds a stake.
Budget Bill Permitting Provisions Slight Natural Gas Industry
(P&GJ) — The natural gas industry greeted the permitting reform bill Congress passed and President Biden signed with something short of enthusiasm to say the least.
Canada's Trans Mountain Oil Pipeline's Faces Hearing on Route Change Dispute
Canadian regulators on Monday kicked off a two-day hearing to weigh up a controversial route change request from the Trans Mountain expansion (TMX) project that has sparked Indigenous opposition and may lead to further delays for the key oil pipeline.
Greenpeace Blocks Arrival of New LNG Unit at French Port
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.
Venture Global CEO Says Court Battles Are Not Slowing the Company's LNG Projects
Venture Global LNG's chief executive insisted recently that the company's development of U.S. LNG plants has not been slowed by international court battles over its failure to deliver cargoes to contract holders, including BP and Shell.
Editor's Notebook: Colorado’s Bold Initiative
(P&GJ) — The Colorado Air Quality Control Commission (AQCC) recently adopted rules aimed at increasing repair inspections and leak detection at oil and gas facilities throughout the state. While these new guidelines do not affect midstream directly, there are implications for the sector due to the growing emphasis on carbon-capture and related pipelines.
Irish Planning Body Rejects Major LNG Terminal, Cites Climate Plan
Ireland's top planning body has refused permission for a major new LNG terminal, citing the government's greenhouse gas reduction targets, a possibly fatal blow to a project supporters say is essential to the country's energy security.
Turkish Minister: Iraq-Turkey Oil Pipeline Ready to Resume Operations Soon
Iraq's northern oil export route through Turkey will soon be ready to resume operation after checks on pipeline maintenance and repairs to flood damage, the Turkish energy minister said.
Trans Mountain Asks Regulator to Approve Oil Pipeline Tolls Despite Shipper Complaints
Trans Mountain Corp., the oil pipeline company owned by the Canadian government, asked a regulator on Thursday to approve the proposed tolls it wants to charge shippers, who have said they are too high.
PipeChina Starts Laying Second Gas Line Linking Sichuan to East Coast
The new line will be built in phases. Under the first stage, PipeChina will lay a 1,576-km (979 miles) western section, including 12 branches, crossing the Chongqing municipality and provinces of Sichuan and Hubei.
Sources: Disagreements Delay Russian Gas Hub Plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
ConocoPhillips Signs 15-Year LNG Deal at Gate Terminal in Netherlands
ConocoPhillips has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.
US Contacts Oil Producers, Refiners as Gasoline Prices Rise
The head of the White House Council of Economic Advisers said that the U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies during rising gasoline prices.
Sources: Freeport LNG Cancels Four Cargoes Since Feedgas Intake Fell
Freeport LNG, the second-largest U.S. LNG exporter, has canceled four cargoes since its feedgas intake dropped below normal capacity, industry sources told Reuters on Thursday.
Gazprom Delivers Its First LNG Cargo to China Via Arctic
Russian energy giant Gazprom delivered its first cargo of LNG via the Arctic Northern Sea Route to China on Thursday, according to LSEG data, a month after it started the delivery.
Carbon Capture Project Back at Texas Coal Plant After 3-Year Shutdown
A $1 billion carbon capture utilization and storage project that has been shuttered since May 2020 amid plunging oil prices restarted operations last week, its owner JX Nippon said, giving a second chance to a project meant to show the nascent technology is viable at large scale.
Gas Leak in Southern California Prompts Evacuation of Homes; No Injuries Reported
(P&GJ) — In the early hours of Thursday, a natural gas leak from an underground pipeline necessitated the evacuation of a residential neighborhood in Southern California.
Marathon Galveston Bay, Texas, FCC Expected to Remain Shut Through Late This Week
The fire-damaged, gasoline-producing fluidic catalytic cracker (FCC) at Marathon Petroleum's 593,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week, said people familiar with plant operations on Friday.
Sempra Completes Port Arthur LNG Phase 1 Interest Sale to KKR
(P&GJ) — Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
BP Commits to Germany with $11 Billion Low-Carbon Investment Push
BP plans to invest up to $10.7 billion in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
EU to Launch First Phase of World-First CO2 Border Tax
The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.
EPA: Biden's Climate Act to Cut US Emissions by 2030 by 35-43%
The U.S. economy is on track to spew between 35% and 43% less carbon dioxide by 2030 from 2005 levels as a consequence of the Inflation Reduction Act (IRA), a U.S. government report released on Tuesday showed.
TotalEnergies to Start Gas Production at Argentina's Fenix Field in 2024
France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.
EIA: Global Oil Stockpiles to Fall After Saudi Output Cut
Global oil inventories were expected to fall in the fourth quarter after Saudi Arabia extended output cuts this month, while U.S. crude production is forecast to rise more than previously thought, the Energy Information Administration said in a monthly report on Tuesday.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- 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
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
