Gas
Investors Raise $7.96 Billion Loan for ADNOC Pipeline Deal
A group of investors has signed a nearly $8 billion loan to help finance a $10 billion gas pipeline investment with the state-owned Abu Dhabi National Oil Company.
Poland Signs Deals to Expand LNG Terminal
Poland has signed nearly $500 million in contracts to expand the country's LNG import terminal on the Baltic Sea in order to help the country diversify away from a reliance on supplies from Russia.
Hungary, Gazprom Agree to Long-Term Gas Supply Deal
Hungary and Russian gas giant Gazprom have agreed to a flexible, 15-year gas supply deal that gives the central European country the ability to renegotiate or cancel the deal if alternative supply methods become available.
PHMSA Issues Final Rule for Transportation of LNG by Rail
The U.S. Pipeline and Hazardous Materials Safety Administration have released its final rule on the transportation of LNG by rail.
ADNOC Signs $10 Billion Gas Pipeline Deal
ADNOC has signed a $10 billion investment deal with a consortium of investors for a stake in its natural gas pipeline assets.
Mozambique Government Offers $2.25 Billion Funding Guarantee to LNG Project, Says Report
The Mozambique government has offered a $2.25 billion funding guarantee to partners in the Mozambique LNG project being led by French energy giant Total.
Buyers of U.S. LNG to Cancel 40-45 Cargoes for August Loading: Sources
Industry sources are anticipating buyers of U.S. LNG to cancel between 40-45 cargoes for August loading due to slower economic recovery in Asia and larger than expected stocks in Europe.
Exxon Restores Guyana Crude Output After Fixing Gas Compressor
ExxonMobil has restored production at its Guyana oil field after fixing issues with gas reinjection equipment at the site.
Nord Stream 2 Says Departing Top Manager Has Been Replaced
Nord Stream 2 has announced that a top manager who left the project on Friday has already been replaced by someone with heavy involvement in both the current project and its predecessor, Nord Stream 1, but said the name could not be revealed at this time for procedural reasons.
China Could Top Japan's LNG Imports in 2020 as Coronavirus Cuts Demand
The unusual market conditions brought on by the coronavirus pandemic may cause LNG imports into China to surpass Japan much sooner than expected, according to an industry analyst.
API’s May Data Report Shows Signs of Industry Recovery
New data from the American Petroleum Institue (API) during the month of May shows the U.S. energy market may be headed for a swift recovery.
Russia's Gazprom Seeks to Retroactively Raise Price of Gas Sold to Poland
Russia's Gazprom is looking to retroactively raise the price of natural gas sold to Polish gas company PGNiG since 2017.
Dominion Seeks More Time to Complete Atlantic Coast Pipeline
Dominion Energy has requested more time from U.S. energy regulators to complete its long-delayed Atlantic Coast pipeline, even after receiving a favorable ruling from the U.S. Supreme Court on Monday.
Texas Could Tighten Some Natural Gas Flaring Rules by Fall
The head of Texas' energy regulatory body said they could look at tightening the states flaring regulations as early as this fall.
Croatia's Floating LNG Terminal to Start Operations in January Fully Booked
Croatia's energy minister said the country's floating LNG terminal will begin operations on Jan. 1 2021 and is fully booked through Q3 2023.
Venture Global Gets U.S. OK to Start Site Prep Work at Plaquemines LNG Plant
Venture Global LNG has received approval from U.S. regulators to begin site prep work at its Plaquemines LNG export facility in Louisiana.
Exxon Cuts Guyana Crude Output to Avoid Flaring — Regulator
Due to problems with gas reinjection equipment at its Guyana oil field, Exxon Mobil has cut back production at the site in order to avoid breaching an agreement with authorities over gas flaring.
Austria's Verbund Bids for OMV's Stake in Gas Pipeline Operator
Austrian utility Verbund has made a binding offer for OMV’s 51% stake in gas pipeline operator Gas Connect Austria, it said on Monday.
U.S. Supreme Court Sides with Atlantic Coast Pipeline in Appalachian Trail Dispute
The U.S. Supreme Court ruled on Monday in favor of the Atlantic Coast Pipeline, stating the federal government has the authority to allow the $7.5 billion natural gas pipeline to cross under the Appalachian Trail.
Glenfarne Group Announces Acquisition of Magnolia LNG
Glenfarme LLC announced it has purchased Magnolia LNG, an export terminal development project in Louisiana.
EQM Delays Mountain Valley Gas Pipeline to 2021
EQM Midstream has delayed the expected completion date of its Mountain Valley natural gas pipeline to sometime in early 2021 which could drive the cost of the project close to $6 billion.
Siemens, Total Partner to Develop Concepts for Low-Emissions LNG Production
Siemens and Total are partnering to develop new ideas for low-emission LNG production.
Ukraine’s Big Bet: Upgrading, Expanding Gas Transmission Networks
The World Bank will spend $250 million to improve the efficiency of Ukraine’s Gas Transmission System Operator (GTSO). One key goal of this ambitious project is “to strengthen its technical and institutional capacity.”
Pipelines Critical to Equatorial Guinea’s Ambitious Gas Plan
By Shem Oirere, Energy Writer The coronavirus (COVID-19) outbreak is expected to have far-reaching implications on Africa’s oil and gas projects, many of them that had already been billed as next drivers of growth for the region’s hydrocarbons pipeline sector. ..
Trans Adriatic Pipeline Enters Initial Testing Phase
The Trans Adriatic Pipeline has begun testing flows of natural gas on 2.5-mile section at the Greek-Albanian border as it moves toward European deliveries later this year, but the bidding phase was postponed due to the global market downturn.
U.S. Senators Propose Tighter Sanctions on Nord Stream 2
Several U.S. senators introduced a bill on Thursday that would expand sanctions on Russia's Nord Stream 2 gas pipeline which Washington says will increase Moscow's influence in Europe.
Poland May Fine Gazprom Over Nord Stream 2 Pipeline Case
Polish regulators are considering fining Gazprom over $56 million related to anti-monopoly proceedings against the company's Nord Stream 2 pipeline.
Greece Shortlists Six Investors in Gas Distribution Network Sale
Greece has narrowed down the list of investors being considered in a sale of its gas distribution network to six potential buyers.
Golden Pass Seeks to Boost Capacity at Texas LNG Plant
Golden Pass LNG has requested permission from FERC to increase the capacity of its $10 billion LNG plant in Texas from 15.6 MTPA to over 18 MTPA .
U.S. Senators to Announce Sanctions Bill on Nord Stream 2 Pipeline
A group of U.S. senators is expected to announce legislation on Wednesday that would expand sanctions levied against the controversial Nord Stream 2 gas pipeline led by Russia's Gazprom.
- 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
