Gas
Focus: BP Ventures Back into Oil Frontiers to Boost Output
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions.
Texas Waha Natural Gas Prices Turn Negative on Low Spring Demand
Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into negative territory as pipeline maintenance prevented some gas from leaving the basin and mild spring weather reduced demand for the fuel.
EU Joint Gas Buying Scheme Attracts Demand From 65 Firms
More than 60 companies have submitted demands to buy gas through the European Union's scheme for joint purchases, with the bloc aiming for the first deals to be signed within months.
PetroVietnam Gas Gets Country's First LNG Import-Export Approval
PetroVietnam Gas said on Monday it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.
EOG Resources May Delay Some Dorado Gas Wells in Texas Due to Low Prices
U.S. shale producer EOG Resources on Friday said it may delay some well completions in its Dorado natural gas play in Texas due to a low-price environment.
Equinor, Partners to Invest $9 Billion in New Gas Field Off Brazil
Gas from the offshore field will be directly injected into the national gas grid via a 200-km (124-mile) pipeline landing at the city of Macae in the state of Rio de Janeiro.
Denmark, Sweden Sign Solidarity Agreement on Gas Supply
Denmark and Sweden have signed an agreement on mutual support in case of gas shortages, the energy authorities of the two countries said on Monday.
Equinor’s Hammerfest LNG Plant Offline After Compressor Failure
The outage was caused by a technical problem with a heat exchanger that occurred during a restart of the plant following a one-day maintenance outage, an Equinor spokesperson said.
New Fortress Energy Could Install Fast LNG Units Onshore at Altamira, Mexico
U.S. energy company New Fortress Energy Inc. said on Thursday it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.
Timor Gap CEO Expects Great Sunrise Gas Project Decision by November
The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.
Mexico Pacific to Pump $14 Billion Into Building Natural Gas Pipeline
Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 billion, Mexican President Andres Manuel Lopez Obrador and his office said on Tuesday.
INGAA Urges Action on Permitting Reform Citing Natural Gas Council Letter
(P&GJ) — Amy Andryszak, president & CEO of the Interstate Natural Gas Association of America (INGAA) issued the following statement about the Natural Gas Council’s letter to Senate leadership on permitting reform.
Sources: Aramco in Talks with Sinopec, TotalEnergies for $10 Billion Gas Deal
Saudi Arabian oil giant Aramco is in a "listening phase" on proposals from refining giant Sinopec Corp. and French oil major TotalEnergies for a slice of a shale gas development project worth about $10 billion, two sources with knowledge of the matter said on Tuesday.
Equitrans May Still Complete 303-Mile Mountain Valley Gas Pipeline by End-2023
U.S. energy company Equitrans Midstream Corp. said on Tuesday it expects federal agencies to issue the required authorizations for its $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia by the early summer.
MPLX Reports Boost in Total Pipeline Throughputs in Q1 2023
The company's overall gathered volumes averaged 6.4 billion cubic feet per day (Bcf/d), a 21% increase from the first quarter of 2022, it said. Gathered volumes in the Marcellus in Pennsylvania averaged 1.4 Bcf/d, or a 4% increase. Additionally, it announced that it is working to expand natural gas long-haul and crude gathering pipelines for the Permian and Bakken basins.
API, LEPA Report Shows Strengthened Pipeline Safety Performance
(P&GJ) — This year’s report found that the safety of liquids pipelines increased across several key indicators, even as pipeline mileage and barrels delivered have increased.
Pipeline Operator Enbridge Acquires Gas Storage Facility in British Columbia for $295 Million
The storage facility, which is connected to all three major long-haul natural gas transportation lines in Western Canada including Enbridge's Westcoast Pipeline and Alliance Pipeline, has a working storage capacity of 77 Bcf, the company said.
TC Energy Declares Force Majeure on 3,300-Mile Columbia Gulf Pipeline After Fire in Mississippi
Canadian energy company TC Energy Corp. said on Friday that its Columbia Gulf Transmission unit declared a force majeure event at its Corinth natural gas compressor station in Mississippi due to a fire, which had been extinguished.
BP Agrees to Buy Shell's Stake in Australian Browse Gas Project
BP has agreed to buy rival giant Shell's 27% stake in the Browse joint venture, expanding its holding in Australia's largest untapped gas resource in a move that could improve the development prospects for the long-stalled project.
US Venture Global Signs 20-Year LNG Supply Deal with Japan's JERA
U.S. company Venture Global LNG announced a deal to supply LNG to Japan's JERA for 20 years, where it agreed to sell 1 MTPA of LNG to JERA, Japan's biggest power generator and one of the world's biggest LNG buyers, from its CP2 LNG project.
Norway Plans to Nationalize Gas Pipelines When Concessions Expire
Norway plans to nationalize most of its gas pipeline network when many existing concessions expire in 2028, the oil and energy ministry said on Friday, to tighten control over key infrastructure.
Xcel Energy Assessing Hydrogen Blending for Its US Gas Pipelines
(P&GJ) — Xcel Energy has contracted for a study of the feasibility of injecting and blending hydrogen into its 36,000 miles (57,936 km) of distribution and 2,200 miles (3,540 km) of transmission pipelines.
First Nations: Canada’s New Infrastructure Power Brokers
(P&GJ) — After decades of largely contentious relations between Indigenous groups and energy infrastructure developers, Canada’s First Nations are beginning to embrace the economic opportunities that pipeline and export projects can offer – a trend that could make it easier to approve and complete future projects.
Explainer: Can Joint Gas Buying Boost Europe's Energy Security?
The European Union opened a scheme this week for companies to jointly buy gas, aiming to secure supplies ahead of winter and avoid a repeat of last year's record-high energy prices.
Russia Looks to Companies Beyond Gazprom to Supply Gas to China
Russia is considering supplying natural gas to China by a 2,600-km (1,620-mile) pipeline from companies other than Kremlin-controlled Gazprom, which currently has the monopoly for Russian pipeline gas exports, an Energy Ministry official said on Tuesday.
Naftogaz Held Talks with Exxon, Chevron, Halliburton About Energy Projects in Ukraine -FT
Naftogaz has held talks with Exxon Mobil, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment to its energy sector, the Financial Times reported on Friday. Naftogaz hopes to sign a contract with Halliburton that would help increase production to a target of 13.5 Bcm this year.
Offshore Innovation Seen as Key to Overcoming Obstacles
(P&GJ) — At mid-year 2022, an online industry report service using artificial intelligence (AI) enabled analytic tools released a worldwide assessment of offshore oil and natural gas prospects with a decidedly upbeat tenor.
Dutch Government Confirms Plan to Halt Gas Production in Groningen
The Dutch government said on Tuesday that it will invest $24.24 billion in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.
Cenit: Colombia's Transandino Oil Pipeline Bombed
The Transandino Pipeline runs along Colombia's border with Ecuador, taking up to 85,000 barrels of crude per day to an export terminal in Tumaco, a Pacific port in the country's Narino province.
Nigeria's NNPC Says 384-Mile AKK Gas Pipeline Is 70% Complete
Construction of Nigeria's 614-km (384-mile) natural gas pipeline is 70% complete, the head of state oil firm NNPC said on Monday, missing a target he initially set to finish the project by the end of the first quarter.
- PG&E Reduces Emissions from Gas Pipelines by More Than 20%
- Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
- Spain's Tecnicas Reunidas, FCC to Build LNG Terminal Worth $1.1 Billion in Germany
- Canada Offers $26 Billion Green Tax Credits But Still Trails Behind US Incentives
- Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
- Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
- Permian In Spotlight as Energy Dealmaking Gathers Steam
- Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
- Colombia's Cano Limon-Covenas Pipeline Attacked for Ninth Time in 2023
- Chad Nationalizes Exxon’s 621-Mile Pipeline as Dispute Over Asset Sale Escalates
