Business & Markets
Gas Operator DESFA Looking to Build 336-Mile Hydrogen Pipeline for $1.12 Billion
DESFA said that the 540-km (336-mile) pipeline will be part of a European corridor connecting regions with high potential for hydrogen production with central Europe and southern Germany, where significant demand is expected by 2030.
Energy Transfer Signs Deals for Louisiana Lake Charles Export Plant
The agreements come even though the U.S. Department of Energy has so far refused to extend Lake Charles' authorization to sell LNG to non-Free Trade Agreement (FTA) countries beyond December 2025.
TC Energy Urges Canada to Speed Permits for Energy Transition Projects
TC Energy has more than 20,000 kilometers (14,300 miles) of pipeline in western Canada that could be repurposed to carry carbon dioxide for sequestration underground or transport low-emissions hydrogen, CEO Francois Poirier said.
NextDecade Makes Final Investment Decision on Rio Grande LNG Phase 1
Liquefied natural gas (LNG) firm NextDecade said on Wednesday it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at its Rio Grande LNG export facility.
Kinder Morgan Expanding Eagle Ford Pipeline Systems, Supplying 2 Bcf/d of Gas to Gulf Coast Markets
(P&GJ) — Pipeline operator Kinder Morgan and Howard Energy Partners have announced plans to expand their respective Eagle Ford natural gas transportation systems, which is expected to add up to 2 Bcf/d of natural gas to U.S. Gulf Coast markets.
CPC Adopts New Regulations on Tanker Loadings in Its Marine Terminal
Caspian Pipeline Consortium (CPC) said it has adopted new regulations allowing it to reduce the loading speeds of oil tankers in its marine terminal at times of changing weather conditions to minimize air pollution.
EIA: Appalachian Natural Gas Output Stagnated in 2022 on Pennsylvania Declines
Natural gas production in the Appalachian Basin, which accounts for a majority of U.S. output, was nearly flat last year as drilling efficiency at Pennsylvania's wells dropped for the first time since 2013, the U.S. Energy Information Administration (EIA) said on Wednesday.
Ohio's Columbiana County Evacuates 450 After Gas Leak at Hilcorp Energy Well
Ohio Governor Mike DeWine said on Tuesday that more than 450 people have been evacuated from areas within a mile of a natural gas well in Columbiana County while state authorities responded to a gas leak there.
Enbridge Says Canada's Woodfibre LNG Close to Finalizing All Off-Take Agreements
Canada's Woodfibre LNG project is close to signing off-take agreements for the remaining 30% of its capacity, and virtually all the LNG produced will be going to Asia, Enbridge CEO Greg Ebel said on Tuesday.
Qatar Expects Record Volume of LNG Offtake Signings This Year
About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 conference. The country last year approved expansion projects that will boost its LNG output by 64% to 126 million tons per year by 2027.
Shell, BP Pursue Arbitration Claims Against Venture Global LNG
Top LNG traders Shell and BP have separately filed for arbitration against U.S. exporter Venture Global LNG for failing to supply contracted cargoes, even as it sold to non-contract customers as prices soared, four people familiar with the matter said.
Pinnacle Midstream to Double Midland Basin Processing Capacity
(P&GJ) — Houston-based Pinnacle Midstream II on Tuesday announced it has reached a final investment decision (FID) to expand its operations in the gas-rich Midland Basin with the construction of a 220 MMcf/d natural gas processing plant.
BP Settles US Natural Gas Market Manipulation Case for $10.8 Million
The U.S. Federal Energy Regulatory Commission (FERC) alleged that BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.
Sempra Expects US to Approve Permit Extension for Cameron LNG Plant
Sempra Infrastructure likely will ask the U.S. Department of Energy for an export license extension for its Cameron LNG facility expansion, President Dan Brouillette said on Monday.
Cheniere Shunning Panama Canal for Longer LNG Routes to Asia
Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport LNG to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.
UK's Centrica Signs 15-Year, $8 Billion LNG Supply Deal with Delfin Midstream
The long-term supply deal for 1 million tonnes of LNG a year from Delfin's planned Deepwater Port off the coast of Louisiana has a market value of $8 billion.
Berkshire Hathaway to Acquire Dominion Energy’s 50% Stake in Cove Point LNG
(P&GJ) — A unit of Warren Buffett's Berkshire Hathaway announced that it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point LNG facility in Maryland's Chesapeake Bay for $3.3 billion in cash.
Uniper Chief Says Flexible Duration LNG Contracts Key for Europe
Shorter-duration contracts for LNG purchases will be important for Europe's diversifying supply given uncertainty about long-term gas demand, the new chief executive of German utility Uniper said on Monday.
Next Wave of North American LNG Export Projects to Face Labor Challenges
A coming wave of North American LNG export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers.
Argentina Inaugurates Key Gas Pipeline to Reverse Energy Deficit
The completion of the first stage of the gas pipeline, which starts in Neuquen province and reaches Buenos Aires province, adds 11 million cubic meters of gas per day.
Pipeline Construction Stalls Startup of Indian LNG Terminal
The terminal was completed in March, but its commissioning has been delayed as a 40-km (25-mile) pipeline link to an existing network meant for consumer sales is not yet ready.
Iraq, TotalEnergies Sign $27 Billion Oil, Gas, Renewables Deal
The deal includes the Gas Growth Integrated Project (GGIP), which aims to improve the country's electricity supply by recovering flared gas at three oilfields and using the gas to supply power plants, helping to reduce Iraq's import bill.
ADNOC Invests $1.34 Billion in 186-Mile Expansion of UAE Gas Pipeline Network
(P&GJ) — ADNOC Gas is set to revolutionize natural gas distribution in the Northern Emirates of the United Arab Emirates with an ambitious expansion plan, increasing its pipeline network by approximately 300 km (186 miles) from over 3,200 km (1,988 miles) to over 3,500 km (2,174 miles).
Thailand's PTT Seeking 15-Year LNG Supply Deal with Qatar
According to sources, the oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum in what would be the latest in a spate of deals by Asian buyers to lock in long-term supplies.
Edison CEO: 1,242-Mile EastMed Pipeline Project Still Viable
A project to build a 2,000-km (1,242-mile) pipeline to bring natural gas from East Mediterranean fields to Europe is still alive, the CEO of Italian energy group Edison said on Friday.
German Parliament Backs Fast-Track Plans for LNG Terminals
Germany's lower house of parliament on Friday passed a legal reform to speed up the construction of LNG terminals off the Baltic Sea coast, defying resistance from local governments and environmental groups.
Trinidad and Tobago Signs Preliminary Energy Agreement with Suriname
Trinidad and Tobago has been searching for ways to expand its natural gas supplies. The Caribbean nation can process some 4.2 Bcf/d of gas into LNG and petrochemicals, but its current output is less than 2.7 Bcf/d of gas, according to government statistics.
McDermott Awarded Shell Contract for Offshore Malaysia Pipelay, Installation Project
(P&GJ) — Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay. McDermott will also provide pre-commissioning works on all infield pipelines and perform the structural installation of three jackets and topsides.
Canada's First LNG Terminal in 'Encouraging' Talks with British Columbia on Electrification
The CEO of LNG Canada, the Shell-led LNG export project in British Columbia, said on Thursday discussions with the province about electrifying a second phase of the terminal have been "encouraging" but building new power transmission infrastructure remains a long way off.
Baker Hughes to Supply 3 Liquefaction Trains for NextDecade's LNG Project
Oilfield services firm Baker Hughes said on Thursday it will supply three liquefaction trains for NextDecade's Rio Grande LNG project in Texas.
- 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
