Gas storage
Maryland Cove Point LNG Feedgas Drops After TC Energy’s Gas Pipe Explodes in Virginia
The shutdown of part of Canadian energy company TC Energy's Columbia Gas Transmission Pipeline in Virginia after a fire on Tuesday has reduced the amount of gas flowing to the Cove Point LNG export plant in Maryland, the plant told customers.
Venezuela Expects to Sign Gas Licenses by Year-End, Oil Minister Says
Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.
Wary of 2022 Crisis, Asian Buyers to Build Strategic Gas Reserves
Governments across Asia are formulating strategic natural gas reserve policies, building new terminals and storage tanks as buffers against supply disruptions following last year's energy crisis that sent global prices soaring to a record high.
Vietnam Approves $11.4 Billion Plan to Expand Fuel Storage Capacity by 2030
The investment would raise the country's crude oil and refined fuel storage capacity to 75 to 80 days of net imports, according to the plan signed by Deputy Prime Minister Tran Hong Ha on Tuesday.
Global Construction Update: LNG Markets, Resurgent China Kindle Pipeline Projects
(PGJ) — Global midstream markets continue to face near-term headwinds and economic uncertainties, but Europe’s rapid transition from Russian energy and projected higher demand in Asia continue to drive midstream expansion in those regions and others that supply them.
Editor’s Notebook: Alaska’s Long Road Back
(P&GJ) — With the Biden administration’s recent approval of exports from a proposed LNG project and the rejection of a lawsuit challenging construction of related infrastructure, prospects may again be looking up again for the Final Frontier.
World’s Top LNG Players Push for More, But Greener, Gas Investments
Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said on Wednesday, citing the role they say the fuel has to play in both global energy security and the transition to net zero.
Tuscan LNG Terminal to Be Moved Offshore by 2026
An LNG vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.
Indian Oil Signs Long Term LNG Import Deals with ADNOC LNG, TotalEnergies
Indian Oil Corp., the country's top refiner, has signed long-term LNG import deals with United Arab Emirates' s Abu Dhabi Gas Liquefaction Co. Ltd. (ADNOC LNG) and France's TotalEnergies.
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.
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.
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.
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.
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.
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.
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.
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.
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.
NextDecade Receives Bank Commitments for Rio Grande LNG
(P&GJ) — NextDecade Corp. has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive FID on Phase 1 of the Rio Grande LNG plant in Brownsville, Texas.
Venture Global LNG Seeks Approval to Speed Up Plant Construction
Venture Global LNG has asked U.S. regulators for an expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.
Cheniere Energy Returns Sabine Pass LNG Export Plant to Full Production
Cheniere Energy Inc.'s Sabine Pass LNG export facility returned to full production this week after undergoing maintenance, data from Refinitiv showed.
ADNOC Selects Petrofac for $700 Million Gas Compressor Plant Project at Habshan Complex
(P&GJ) — ADNOC Gas Processing has selected Petrofac to undertake a significant new engineering, procurement and construction project at its Habshan Complex.
Greek Gas Grid Says 27 Companies Interested in Booking Future Capacity
Greece has become a key transit route for gas in Europe thanks to a liquefied gas facility off Athens, which saw increased traffic from around the world after the war in Ukraine cut flows of Russian gas to the continent.
Beijing Holds All Cards in Russia’s Eastern Energy Pivot
(P&GJ) — Russia is looking to build on its energy ties with China, a key buyer of its gas. But Beijing’s position of power in the relationship may mean the sanctioned producer is in no rush to complete new projects, especially the much-discussed Power of Siberia 2 pipeline.
Italy Energy Minister Sees LNG Terminals Covering 50% of Gas Needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said on Wednesday that deliveries by ship of LNG were a reliable source of energy that could cover 50% of the country's gas needs.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again