Business News

Permian Enters Uncharted Waters in Better Shape than Most Regions

With the Coronavirus crisis and its effect on upstream operations putting a damper on all segments of the midstream sector, some major projects in the Permian Basin appear to be moving forward, albeit at a slower and far more cautious pace.

ConocoPhillips Pulls Flaring Permit Extension Request at 41 Texas Sites

ConocoPhillips has withdrawn a request for Texas energy regulators to extend faring permits for 41 production sites in the state.

LNG Investments Vanish in 2020 as Coronavirus Slashes Oil and Gas Prices

For the first time in nearly two decades, some analysts believe that no new LNG export projects could be approved this year as the global coronavirus pandemic has destroyed oil and gas prices.

German Chancellor Dampens Talk of Halting Nord Stream 2 — Party Sources

German Chancellor Angela Merkel downplayed the possibility of halting Russia's Nord Stream 2 pipeline in response to the poisoning of a top Kremlin critic Alexei Navalny.

Anatomy of Frustration: Atlantic Coast and Dakota Access Pipelines

In early July, the U.S. pipeline industry faced down a one-two punch as the $8 billion Atlantic Coast Pipeline was canceled and a federal judge ordered the Dakota Access pipeline shut down.

And Our Readers Say …

A recent survey of Pipeline & Gas Journal readers showed a clear majority of respondents believe the lingering effects of the coronavirus and recent developments concerning Dakota Access and Atlantic Coast pipelines have dealt a serious one-two punch to midstream businesses.

Oil Falls after Saudi Cuts Prices, China Slows Imports

Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market's recovery.

Hungary Signs Gas Deal with Shell, its First in the West

Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.

Germany Pressed to Rethink Nord Stream 2 Pipeline After Navalny Poisoning

The German government is feeling pressure to dampen its support for the Kremlin's Russia-Germany Nord Stream 2 gas pipeline after a major political opponent to Russian President Vladimir Putin was confirmed to have been poisoned with a Soviet-era nerve agent.

Police Investigating Bomb Hoax at Texas Pipeline Construction Site

State and federal law enforcement officials are investigating a device made to look like a bomb that was placed near a construction site for Kinder Morgan's Permian Highway Pipeline in Texas.

U.S. Department of Interior Requests Expedited Environmental Reviews for Energy Projects from Trump Administration

The U.S. Department of Interior has asked the Trump Administration to fast track environmental reviews for several major energy and infrastructure projects, including LNG facilities and pipelines.

Texas Authorities 'Neutralize' Suspicious Package Near Pipeline Construction Site

Authorities in Texas removed a suspicious package near a construction site for Kinder Morgan's Permian Highway Pipeline on Tuesday.

Register for the Virtual Pipeline Opportunities Conference-EMEA

The POC-EMEA virtual conference is free to attend and will feature live and recorded sessions, allowing you the ability to tune in where you are, at a time that is convenient.

U.S. Army Engineers Encourage Settlement in Dakota Access Pipeline Litigation

The U.S. Army Corps of Engineers has urged the federal government to settle a dispute with North Dakota over the state's pursuit of $38 million to recover costs associated with the protests of the Dakota Access Pipeline in 2016 and 2017.

Brazil's Lower House to Vote on End to Petrobras Virtual Gas Monopoly, Encourage Pipelines

The lower house of Brazil's parliament is set to vote soon on legislation that would end the state-owned energy company Petrobras' virtual monopoly of the natural gas industry, opening up the sector, including pipelines, to private investment.

Phillips 66 Partners Announces Open Season for Gray Oak Pipeline

Gray Oak Pipeline has launched an open season to solicit transport interest on the Phillips 66 pipeline from West Texas to a new destination in Victoria, TX.

Pipeline Conference To Explore Germany’s Hydrogen Grid

Join the inaugural Pipeline Opportunities Conference – EMEA (POC-EMEA) from your home or office on September 17 and gain insight into the ongoing challenges operators and service companies face in the region.

Cheniere Says no Storm Major Damage to Sabine Pass Facility, Pipelines

Cheniere Energy, the largest U.S. LNG producer, said on Monday that the company's Sabine Pass LNG facility and pipeline assets were not significantly damaged by Hurricane Laura.

Storm Knocks Out U.S. Gulf of Mexico Natural Gas Pipeline

Enbridge reported on Monday that the company's natural gas pipeline which serves four offshore production platforms in the U.S. Gulf of Mexico remained out of commission after Hurricane Laura devastated the area.

U.S. Regulator Backs Energy Transfer in Chesapeake Pipeline Dispute — Court Filing

Energy regulators sided with pipeline firm Energy Transfer in a dispute with bankrupt producer Chesapeake Energy after Chesapeake requested the cancellation of a $300 million transfer contract.

Regulators Approve Two Pipeline Projects in North Dakota

Regulators in North Dakota have approved two pipeline projects in the state.

U.S. Court Rejects Bid to Halt Kinder Morgan Gas Pipeline

A judge in Austin, TX has rejected efforts by environmental groups to halt construction of Kinder Morgan's $2.3 billion Permian Highway natural gas pipeline.

High Storage Levels Mean Weak Gas Prices Expected for European Winter

Analysts are expecting weak gas prices in the European market over the winter season as storage levels are already nearly full due to a sharp drop in demand early this year as countries went into lockdown to prevent the spread of the coronavirus.

Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand

An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.

U.S. Energy Exports Severely Disrupted by Hurricane Laura

Hurricane Laura severely impacted U.S. oil and gas exports this week as the Category 4 storm forced the closure of several facilities on the country's Gulf Coast.

Hydrogen Delivers New Future for Holland’s Pipeline Network

The European Union’s ambitious decarbonization policies and plans for a green economic recovery will have repercussions on the continent’s pipeline networks, none more so than Holland’s.

Europe Faces High Hurdles to Make Hydrogen Hype Reality

The European Union's goal to increase the use of zero-carbon hydrogen faces steep challenges as the move would require billions in investments from countries already reeling from the economic fallout of the coronavirus pandemic.

Philippine Energy Chief Says LNG Projects Still on Track Despite Virus Delays

Four LNG import projects in the Philippines are still on track for approval despite "minor delays" due to the coronavirus pandemic, the country's energy secretary said on Thursday.

U.S. Army Corps Asks Appeals Court to Reverse Dakota Access Ruling

The U.S. Army Corps of Engineers has asked a court of appeals to reverse a ruling against the Dakota Access pipeline which invalidated an environmental permit that allowed the pipeline to operate on U.S. land.

Pipeline Tunnel Supporters, Foes Clash Before Michigan Panel

Supporters and opponents of a tunnel to house an oil pipeline crossing the Straits of Mackinac in Michigan appeared before a regulatory panel on Monday to present their arguments.

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