Gas transmission
EU Countries Seek Legal Option to Stop Russian LNG Imports
European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending LNG to EU nations by preventing Russian firms from booking infrastructure capacity.
BP, ADNOC Offer to Buy 50% of Gas Producer NewMed Energy for $2 Billion
BP and Abu Dhabi's state oil giant ADNOC on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry into Israel's growing energy sector.
SocGen Says It Has Pulled Out of NextDecade’s Rio Grande LNG Project
Societe Generale pulled out of Texas-based energy company NextDecade's Rio Grande LNG project last year, the French bank disclosed for the first time on Tuesday, in news that could help explain the project's repeated delays.
Energy Transfer to Acquire Lotus Midstream for $1.5 Billion, Adding 3,000 Miles of Permian Pipeline
By purchasing Lotus Midstream, Energy Transfer will gain the Centurion Pipeline and an additional 3,000 miles of crude gathering and transportation pipelines that stretch from New Mexico through the Permian Basin of West Texas to Cushing, Oklahoma.
ConocoPhillips to Pay $500 Million to Raise Stake in Australia's APLNG
ConocoPhillips currently holds a 47.5% stake in APLNG, one of the largest suppliers of natural gas to Australia's East Coast. Origin and China's Sinopec hold the remaining shares in APLNG.
Virginia Natural Gas Receives Approval for Renewable Natural Gas Pilot Program
(P&GJ) — The five-year pilot program will allow for the production and delivery of RNG into Virginia Natural Gas' pipeline system and support the procurement of both RNG and next-generation natural gas.
Capstone Green Energy Secures Microturbine Order for Wyoming Gas Compression Facility
(P&GJ) — Capstone Green Energy Corp. has announced that Horizon Power Systems secured a follow-on order for two Capstone C1000 Signature Series microturbines. The microturbines will power a remote natural gas compression facility in Wyoming’s Green River Basin and will run on high-pressure natural gas.
Spain Asks Gas Importers to Wean Themselves Off Russian LNG
The Spanish government has asked LNG buyers to refrain from signing new contracts for Russian gas once existing contracts have expired, two sources familiar with the matter told Reuters on Friday.
Gas Producer Energean Is Looking to Increase Israel FPSO Capacity, CEO Says
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 Bcm a year, CEO Mathios Rigas told Reuters on Thursday.
Explainer: Does China Need More Russian Gas Via the Power-of-Siberia 2 Pipeline?
Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
TotalEnergies' Bet on Gas Means No Big Emissions Cut by 2030
French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its climate strategy on Tuesday.
Sempra Reaches Final Investment Decision on Port Arthur LNG Plant's Phase 1
U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur LNG export terminal received the financial greenlight to move ahead with investment firm KKR & Co. agreeing to a minority stake in the project.
Osaka Gas to Secure More LNG Than Usual in FY23/24 Amid Tight Global Supply
Japan's Osaka Gas Co. Ltd. plans to secure more LNG than usual in the financial year starting in April to ensure a stable supply of the fuel as global supply is expected to stay tight, its president said on Wednesday.
Mongolia to Decide on Gas Pipeline Route After Russia-China Cost Agreement
Mongolia will make a decision on which part of its territory will be used to construct the Russia-China gas pipeline once its neighbors reach an agreement on costs, the country's prime minister said.
Wave of New LNG Export Plants Threatens to Knock Gas Prices
A flood of LNG export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.
Norway Does Not Fear EU Joint Gas-Buying Will Create Cartel
Europe's biggest natural gas supplier Norway is not worried the European Union scheme to buy gas jointly in global markets will create a buyers' cartel, its oil and energy minister said on Friday.
Venture Global LNG to Move Forward with Phase 2 of Plaquemines Export Plant
U.S. liquefied natural gas company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.
Brazil's Petrobras, Shell to Look for Joint Drilling Opportunities
Brazilian state-run company Petrobras and international oil major Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday.
Ecopetrol: With Reserves of Its Own, Colombia Does Not Need Venezuela's Gas
Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters.
Ukraine to Jointly Buy Gas with European Union Countries
Ukraine will take part in the European Union scheme to jointly buy gas in global markets, to procure 2 billion cubic meters of the fuel ahead of next winter, the EU energy policy chief said on Thursday.
YPF CEO: Green Light for Argentina's Gas Project with Petronas to Come in 2024
Argentina's state-controlled energy firm YPF and Malaysia's Petronas expect to make a final decision next year on whether to invest in the first phase of a massive $60 billion natural gas project in Argentina, the head of YPF said on Wednesday.
German Minister: Nord Stream Attacks May be 'False Flag' Operation
German Defence Minister Boris Pistorius on Wednesday warned against reaching premature conclusions on who was responsible for blowing up the Nord Stream pipelines, suggesting the attack could also have been a "false flag" operation to blame Ukraine.
Pipeline Operator Enbridge Expected to Supply More Gulf Coast LNG Export Facilities, CEO Says
Energy infrastructure company Enbridge Inc. is expected to supply two to three more LNG export facilities throughout the U.S. Gulf Coast "before too long," up from the four it currently supplies, CEO Greg Ebel told Reuters on Monday.
Occidental to Use Siemens Energy Compressors at Direct Air Capture Plant in Permian Basin
(P&GJ) — Siemens Energy compressors will be used at Occidental’s first large-scale Direct Air Capture plant in Texas’ Permian Basin, the company announced on March 6. The equipment will compress the captured CO2 for additional processing and pressurize the final product into a pipeline for injection into underground reservoirs.
Chevron CEO Says Natural Gas Markets Fundamentally Changed by War
The global natural gas market has been more fundamentally changed for the long term by Russia's invasion of Ukraine than the oil market, CEO Mike Wirth said on Monday.
Guyana Sees Natural Gas as The Next Frontier After Oil
Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves, Vice President Bharrat Jagdeo said on Sunday.
Chesapeake Signs 15-Year LNG Supply Deal with Gunvor
U.S. natural gas producer Chesapeake Energy Corp. said on Monday it would supply a unit of Swiss commodity trader Gunvor Group Ltd. with up to 2 MTPA of U.S. LNG for a period of 15 years.
New Fortress Plans to Start Producing LNG at Altamira, Mexico in July
U.S. company New Fortress Energy Inc. said on Tuesday it planned to finish building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing LNG there in July.
Pipeline Operator Enbridge to Buy US Gulf Coast Gas Storage Facility for $335 Million
Calgary, Alberta-based pipeline operator Enbridge Inc. said it would buy a gas storage facility in Tres Palacios in the U.S. Gulf of Mexico coast region for $335 million to strengthen its LNG export business.
Tellurian Faces New Setback as Financing Looms for $13 Billion Driftwood LNG Project
Tellurian Inc. is facing a new setback in a long-running effort to advance a $12.5 billion U.S. LNG export project. Commodities trader Gunvor Ltd. can walk away from a 10-year, about $12 billion commitment to buy LNG if Tellurian's Driftwood LNG project lacks a financial go-ahead, project financing and a full construction authorization by Feb. 28.
- 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
