Gas
Iran Signs $900 Million Deal to Develop Offshore Gas Field
Under the contract, IOEC is to launch production of 28 million cubic meters per day of gas in 14 months, which is to be sent to installations in Assalouyeh on Iran's Gulf coast via a 210-km (130-mile) undersea pipeline.
Trinidad Hopes to Soon Begin Negotiations with Venezuela on Gas Project
Trinidad and Tobago's Prime Minister Keith Rowley on Friday told the Parliament his government had been in touch with Venezuela following a U.S. license to jointly develop a key gas field, and the first meetings to begin negotiations have been set up.
TotalEnergies' Head Met Mozambique President with Key Gas Project at Stake
The head of TotalEnergies met Mozambique President Filipe Nyusi on Friday to discuss the humanitarian situation in the Cabo Delgado area, where a 2021 attack on civilians led to a key LNG project being halted.
Russia's Novatek, India's GAIL Poised to Seal Gas Sales Deal
Russia's largest LNG producer, Novatek, is close to a deal to supply gas to GAIL (India) Ltd. as it seeks alternative markets to Europe, three industry sources said. The companies are negotiating the terms of a contract and could seal an agreement within a week, the sources said, adding volumes would depend on logistics, such as shipping and insurance.
US Senators Manchin, Cruz Float Bill to Block Gas Stove Bans
Cruz, a Texas Republican, and Manchin, a West Virginia Democrat, teamed up to float the Gas Stove Protection and Freedom Act, a bill that would prevent the U.S. Consumer Product Safety Commission from banning gas stoves.
Enbridge Restores 1,835-Mile T-South Natural Gas Pipeline to Full Service
Canada's Enbridge Inc. has returned its T-South natural gas pipeline system in British Columbia to full service following an unplanned outage, the company said on Thursday.
Biden Backs Scaled-Down Version of ConocoPhillips Alaska Oil Project
President Joe Biden's administration said on Wednesday it would support a scaled-back version of ConocoPhillips' planned $6 billion Willow oil and gas drilling project in Alaska but has not yet made a final decision on the contentious proposal.
Bulgaria Begins Construction on 106-Mile Gas Pipeline to Serbia
Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighboring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.
TC Energy Raises Coastal GasLink Pipeline Costs by 30% to Over $10 Billion
North American pipeline firm TC Energy Corp. said on Wednesday it now estimates costs for completion of its troubled Coastal GasLink project to be $10.89 billion, as it faces skilled labor crunch and adverse weather conditions.
Peninsula Pipeline Receives Approval to Expand Natural Gas Infrastructure in Nassau County, Florida
(P&GJ) — Peninsula Pipeline Co. will construct new infrastructure in two phases. Phase one involves the construction of three new pipeline segments, which consist of steel pipe, new regulator stations and improvements, a new gas injection point and three new points of delivery. Phase two of the project involves the installation of two new steel pipeline segments.
ICE to Open London Gas Hub, Creating Route Around EU Price Cap
The Intercontinental Exchange plans to launch a "parallel market" in London for Title Transfer Facility gas trading next month, it said on Friday, providing a way for market participants to avoid the European Union's gas price cap.
Philippines Greenlights Seventh LNG Project, Gears Up for Gas Imports
The Philippines' Department of Energy said on Friday it has approved a $67-million LNG import terminal project, the country's seventh such facility, as it gears up for the launch of its liquefied natural gas industry this year.
Trinidad Offers to Pay for Venezuelan Gas with Humanitarian Supplies
Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro.
Argentina Inks $540 Million Deal with Development Bank for Gas Projects
Argentina's government reached a $540 million deal with development bank CAF for the extension of natural gas pipelines and related infrastructure linked to the country's Vaca Muerta basin, Economy Minister Sergio Massa announced on Wednesday.
US Issues License to Trinidad and Tobago to Develop Venezuela Offshore Gas Field
The Biden administration has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial waters, U.S. and Trinidad officials said on Tuesday, marking a further easing of some sanctions on Venezuela.
Value of Routing Studies for New Natural Gas Pipelines
(P&GJ) — When natural gas pipeline owners announce their preferred route for a new pipeline, permitting bodies and other stakeholders inevitably ask, “Why here?” By conducting a methodical routing study that produces data-driven and experience-tested route alternatives, owners obtain supporting data and documentation they can use to formulate a response and help obtain buy-in.
Supply Chain Solutions for Natural Gas Leak Detection
(P&GJ) — Now more than ever, utilities, governments and pipeline companies are incentivized to secure their supplies of natural gas from production all the way to the meter. Leak detection and emissions reduction are critical components of an optimized natural gas distribution system.
APGA Perspective: Policymakers Need to Incentivize Natural Gas Innovations
(P&GJ) — Energy security, affordability and efficiency remain top-of-mind for American consumers. As such, the role of natural gas in our country’s future energy mix has sparked continuous debate among voters and policymakers.
Chesapeake Selling Eagle Ford Assets for $1.4 Billion; Focusing on Gas-rich Marcellus, Haynesville
U.S. oil and gas exploration and production company Chesapeake Energy Corp. said on Wednesday it had agreed to sell part of its operations in south Texas to private equity-owned WildFire Energy for $1.43 billion in cash.
Canadian Province and First Nations Agree to Revive Oil, Gas Development in Montney Play
The Canadian province of British Columbia (B.C.) announced a land, water and resource management agreement with the Blueberry River First Nations Indigenous group on Wednesday that will restart development in the vast Montney shale play. The deal includes an annual 750-hectare (1853-acre) cap on new land that oil and gas activity can disturb.
Mexico's Pemex Destroyed Resources Worth $342 Million from Two Top Gas Fields
Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years up to August 2022 at two of its most important new fields, internal documents from the country's oil regulator showed.
Indonesia Approves Revised $3.35 Billion Plan for Eni's Merakes Gas Fields
Indonesia has approved a revised plan of development for its Merakes and Merakes East gas fields with a total investment of $3.35 billion, its upstream oil and gas regulator said on Tuesday.
Congo Awards Lake Kivu Gas Blocks to US, Canadian Producers
Democratic Republic of Congo has awarded licenses to three natural gas blocks in Lake Kivu on its eastern border, with some production expected to start as early as next year, the hydrocarbons ministry said on Monday.
Qatar, UAE Energy Ministers Say Gas Will Be Needed for Long Time
The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday.
Germany in Talks with Iraq Over Possible Gas Imports
Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.
China's CNOOC Targets Record Oil, Gas Output in 2023
China's CNOOC Ltd. has raised its 2023 production target by around 8% to a record 650 million to 660 million barrels of oil equivalent, it said on Wednesday.
API Unveils Plan to Prioritize US Natural Gas, Northeast Pipeline Development
(P&GJ) — The American Petroleum Institute (API) President and CEO Mike Sommers has released a new report and outlined the policies needed to make, move and improve American energy and prioritize U.S. natural gas and oil as a long-term strategic asset.
Opero Energy Wins Gas-Treating Contract for NG3 Development in Haynesville Basin
(P&GJ) — With 4,000 miles of pipeline and seven processing plants, Momentum Midstream’s New Generation Gas Gathering (NG3) project in the Haynesville Shale will have an initial treating capacity of 1.7 Bcf/d, expandable to 2.2 Bcf/d, and will also include a carbon capture and sequestration component.
Spain to Ask EU For Extension to Iberian Gas Price Cap Until End 2024
Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power plants until at least the end of 2024, Energy Minister Teresa Ribera said on Monday.
Eni, Snam Join Forces on Algeria-Italy Gas Pipelines
Italian energy group Eni and gas grid operator Snam have clinched a partnership to jointly manage their assets in the gas pipelines connecting Algeria to Italy, the companies said on Tuesday.
- 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
