Gas storage
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.
Montauk Renewables to Build Biogas Facility in Orange County, California
Capital investment for the project is estimated between $85 million and $95 million, the company said, with its commissioning expected in 2026 to produce about 3,600 million British thermal units per day.
Venture Global LNG Signs 20-Year Contract with German Energy Firm
U.S LNG developer Venture Global LNG on Thursday said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 MTPA of LNG.
Shell Resumes Maintenance at Key Norway Gas Terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.
Beijing Gas to Start Regasification Terminal in October, Secures Term Contracts
The new terminal, located in Tianjin and connected with the Chinese capital Beijing via a 300-km (186-mile) pipeline, can handle 5 million tonnes of LNG annually.
Trinidad to Restart Idled LNG Unit by Early 2027 Amid Restructuring
Trinidad and Tobago aims to restart an idled LNG unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.
Pipeline Operator Kinder Morgan to Increase Texas Gas Storage Capacity by 6 Bcf
U.S. pipeline operator Kinder Morgan Inc. said on Wednesday it plans to expand the working gas storage capacity at its Markham facility in Matagorda County, Texas, by 6 billion cubic feet (Bcf).
Source: QatarEnergy to Sign Long-Term Asian LNG Supply Deal on Thursday
QatarEnergy will sign a long-term LNG supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.
Air Products Signs $1 Billion Deal for Gas Processing Facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said on Thursday it had signed a $1 billion deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Iraq Oil Minister: Saudi Aramco to Develop 400 MMcf/d Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said on Thursday.
Caliche Launches Open Season for Expansion Project, Firm Natural Gas Storage in Beaumont
(P&GJ) — Caliche Development Partners II has launched a non-binding open season to solicit natural gas firm storage service to support the development of two additional natural gas storage caverns at Golden Triangle Storage facility in Beaumont, TX.
Finland's Gasum Terminates Gazprom Pipeline Gas Contract
Gasum has terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia. Gazprom ceased pipeline-based natural gas deliveries to Gasum in May 2022 in a dispute over payments, and the two sides had been in talks to resolve the matter.
Australia's Beach Energy Shares Tumble on Waitsia Gas Project Delay
Shares of Beach Energy Ltd. fell nearly 8% on Thursday after the Australian oil and gas explorer said it was no longer prudent to maintain capital expenditure and timing estimates for its $520.93 million Waitsia Stage 2 gas project.
Woodside Open to Talks with Chinese Firms for Scarborough Gas Project
Woodside Energy Group said on Tuesday it is open to talks with Chinese firms to invest in its $12 billion Scarborough LNG project in Australia.
NextEra Partners to Sell Texas, Pennsylvania Gas Pipeline Assets in Renewables Shift
(P&GJ) — Capitalizing on the affordability and demand for significant investments in decarbonizing the U.S. economy, NextEra Energy Partners LP is refocusing on renewable energy. As part of this strategy, the business intends to sell its STX Midstream in the Eagle Ford shale play and Pennsylvania’s Meade natural gas pipeline assets, positioning itself as a fully renewables-based company.
Regional Spotlight: US Consolidates, Expands Ahead of LNG Export Demand
(P&GJ) — U.S. midstream companies would be hard-pressed this year to approach the record earnings that many achieved in 2022, but the sharp decline in oil and natural gas prices from last year’s highs hasn’t blunted their expansion efforts.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
