Gas
Poland's PGNiG Wins $1.5 Billion in Court Battle with Gazprom
Polish gas distributor PGNiG has won a $1.5 billion settlement with Russia's Gazprom.
U.S. LNG Storage to Hit Record as Pandemic Cuts Demand, Exports
Stockpiles of natural gas in the U.S. are expected to reach record levels this year as producers continue to flood the market with supply as demand plunges in the wake of the coronavirus pandemic.
LNG Suppliers Flood Market with Excess Spot Cargoes as Demand Shrinks
Major LNG suppliers around the world are flooding the market with spot cargoes driving prices down even further as demand dries up due to the coronavirus pandemic.
Indian LNG Importers Issue Force Majeure — Sources
Several Indian LNG importers have issued force majeure notices after the country has shut down to help prevent the spread of the coronavirus.
PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand
PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.
Gazprom Isolates 20 Workers at Field Feeding Nord Stream Pipeline
Russian gas company Gazprom has isolated 20 workers at a major natural gas field which feeds the Nord Stream pipeline after one worker tested positive for the coronavirus.
China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources
China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.
Sempra Energy to Continue with Costa Azul LNG Project
Sempra Energy is planning to continue with its plans to build the first phase of its Costa Azul LNG Export Project in Mexico even as the coronavirus pandemic suppresses worldwide energy demands.
UAE's SNOC Gas Project Startup Delayed
UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.
Greece Receives 9 Bids for Stake in Gas Supplier
Greece has received nine non-binding bids for the sale of a 65% stake in DEPA, its dominant gas supplier.
BlackRock Withdraws Bid for ADNOC Gas Pipeline Assets — Sources
Sources report that investment firm BlackRock has dropped out of the bidding for ADNOC's gas pipeline assets.
Italy's Snam Takes Steps to Guarantee Gas Flows During Coronavirus Outbreak
Italian gas grid operator Snam has put in place emergency measures to ensure it can keep gas flowing during the coronavirus outbreak.
Superior Pipeline Secures Large Stack Play Acreage Dedication
Superior Pipeline has entered into a long-term gas gathering and processing agreement with a producer in the STACK play.
Shell, INOX India Sign MoU for LNG Distribution
Shell has signed a Memorandum of Understanding with India's INOX to deliver LNG to customers not connected to distribution pipelines.
FERC Approves Pembina Jordan Cove LNG Export Project
U.S. regulators have approved the Jordan Cove LNG export project.
German Court Rejects Last Obstacle to Nord Stream 2 Construction
The Nord Stream 2 pipeline project cleared another legal hurdle in Germany last week.
Lagos Gas Explosion Kills 15, Destroys Buildings — Nigerian Officials
An explosion at a gas processing plant on Sunday killed at least 15 people and destroyed about 50 buildings after a fire broke out in a suburb of Lagos, Nigeria's commercial capital, emergency services said.
Eni, SONATRACH Complete Algerian Gas Pipeline
Eni announced it has successfully completed the construction of the gas pipeline connecting Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin, in the south-eastern part of Algeria.
Judge Approves $143M Natural Gas Explosions Settlement
A Massachusetts judge approved a $143 million class-action settlement Thursday for residents and business owners affected by natural gas explosions in Massachusetts in 2018.
ONEOK Suspends Expansion Projects Amid Oil Price Collapse
ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.
TC Energy Signs Letter of Intent to Acquire Pioneer Pipeline
TC Energy announced that its wholly owned subsidiary, NOVA Gas Transmission Ltd., has executed an exclusive letter of intent with Tidewater Midstream and Infrastructure Inc. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.
Kazakhstan Decreases Gas Supplies to China
Kazakhstan has reduced natural gas supplies to China by 20-25%, Energy Minister Nurlan Nogayev said on Wednesday, after importer PetroChina issued a force majeure notice to suppliers this month.
U.S. Gas Jumps Almost 9% With Oil Price Gain, Hopes of Shale Output Cuts
U.S. natural gas futures soared almost 9% on Tuesday, following a 10% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt U.S. drillers to cut back on oil and gas production in shale basins.
State Awaits Final EIS after Answering Final Questions from FERC
With an additional 2,000 pages of charts, data, maps and explanations, the state-led Alaska liquid natural gas (LNG) team finished out 2019 by answering the last batch of questions from federal regulators for the project’s final environmental impact statement (EIS).
SGA Chair Don Raikes Sees Natural Gas as Key to Sustainable Future
Don Raikes didn’t enter Fairmont University with plans for a career in energy, but a two-year internship at the U.S. Department of Energy set the course for his first job at Consolidated Natural Gas, which was later acquired by Dominion Energy.
U.S. Gas Prices Turn Positive After Falling to Lowest in Decades
U.S. natural gas futures turned positive by midday Monday after earlier dropping to their lowest in over 21 years as they followed a collapse in oil prices.
Alaska LNG Passes Major Permitting Milestone, Hurdles Remain
A U.S. energy regulatory report for Alaska Gasline Development Corp's proposed Alaska liquefied natural gas project found it would provide economic benefits to the state but could cause some significant adverse environmental impacts.
Brazil's Petrobras to Begin Sales Process for NTS Pipeline Stake: Executive
Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s director of gas and refining.
Cameron LNG Train 2 Begins Commercial Operation
McDermott International, Inc. has announced the beginning of commercial operation of Train 2 at Cameron LNG, which is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd. and Japan LNG Investment, LLC., following its substantial completion.
Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin
Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.
- 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
