Gas
Gas Stations Run Dry as Hurricane Milton Approaches; Kinder Morgan Shuts Florida Pipeline
As Hurricane Milton approaches Florida's Gulf Coast, panic-buying has left many gas stations empty, with over 15% out of fuel by midday. In response, Kinder Morgan has shut down its Central Florida Pipeline, disrupting the flow of refined products between Tampa and Orlando as evacuation orders affect over a million residents.
QatarEnergy Signs 20-Year Naphtha Deal with Shell
QatarEnergy has entered into a long-term naphtha supply agreement with Shell, supplying up to 18 million metric tons of naphtha to the London-listed company over 20 years from next April.
Equinor Reaffirms Commitment to $42 Billion Tanzania LNG Project
Norway's Equinor remains committed to a $42 billion liquefied natural gas (LNG) project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year, a senior company executive said on Tuesday.
Matterhorn Pipeline Ramps Up Natural Gas Flow, Lifts Waha Prices
The Matterhorn Express Pipeline has started transporting gas into pipelines near Katy, marking the long-awaited launch of the Permian project. This week, Waha prices surged following the new pipeline's opening, although Permian gas prices remain low, according to East Daley Analytics.
FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
(P&GJ) — FERC has sided with Williams in a dispute with Energy Transfer, ruling that the Louisiana Energy Gateway project is a gathering network, not subject to federal jurisdiction. This clears the way for Williams to proceed with the project without regulatory oversight under the Natural Gas Act.
Tellurian Shareholders Approve $1.2 Billion Acquisition by Woodside
Tellurian shareholders have approved the proposed $1.2 billion acquisition by Woodside Energy, which includes the U.S. Gulf Coast Driftwood LNG export project. The deal aims to address Tellurian's financial challenges following setbacks and cancelled supply agreements.
Japan Becomes Top Buyer of LNG from Russia's Sakhalin 2
Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports, Interfax news agency quoted a company senior manager as saying on Thursday.
TC Energy's South Bow Pipeline Spin-Off Begins Trading on TSX
TC Energy's oil pipeline spin-off, South Bow Corp, started trading on the Toronto Stock Exchange, experiencing a slight decline on its debut. South Bow's main asset is the 622,000 barrel-per-day Keystone pipeline, which ships Canadian crude from Alberta to the U.S. Midwest and Gulf Coast.
Summit Midstream Acquires Tall Oak Midstream for $450 Million
Tall Oak operates a large gas gathering and processing system in the Arkoma Basin, featuring two natural gas processing plants with a total capacity of 220 MMcf/d and 411 miles of gas gathering lines.
EQT to Lay Off 15% of Workforce After $14 Billion Equitrans Acquisition
EQT Corp. plans to cut 15% of its workforce following its $14 billion acquisition of Equitrans Midstream. The layoffs, part of an integration process, mark the company's largest job reduction since 2019. EQT aims to boost natural gas margins amid fluctuating market conditions.
Australia's Santos and TotalEnergies Ink Mid-Term LNG Supply Deal
Santos has signed a mid-term liquefied natural gas (LNG) supply agreement with TotalEnergies' Singapore unit. The three-year contract, starting in late 2025, will see Santos supply up to 500,000 tons of LNG annually, further strengthening its LNG portfolio in the region.
From Crude to NGL: Understanding the Complexities of Pipeline Conversions
As Enterprise Products Partners LP expands its footprint in the Permian Basin, the conversion of existing pipelines raises both opportunities and challenges. This article delves into the complexities involved in repurposing energy infrastructure, highlighting technical, economic, and safety considerations amid robust production growth.
Venture Global Receives Approval to Advance Louisiana Calcasieu LNG Plant Toward Commercialization
Venture Global LNG has received approval from the U.S. Federal Energy Regulatory Commission (FERC) to reintroduce hazardous fluids to part of its Calcasieu LNG export plant in Louisiana. This critical step brings the plant closer to commercial operations after facing legal and regulatory challenges.
Shell Expands Gas Distribution Network in Nigeria
Shell plc’s Nigerian business, Shell Nigeria Gas (SNG), has struck a deal with a regional government in the country to develop a new gas distribution network to boost consumption by commercial and industrial entities for increased business performance.
Enbridge Acquires PSNC, Adding Over 13,000 Miles of Pipeline to Its U.S. Gas Utility Portfolio
Enbridge Inc. has completed its acquisition of Public Service Company of North Carolina (PSNC) from Dominion Energy. PSNC, now operating as Enbridge Gas North Carolina, serves over 600,000 customers and boasts an extensive network of over 13,000 miles of natural gas pipelines.
2024 Large Horizontal Directional Drilling Rigs Census
When a project calls for horizontal directional drilling (HDD), it’s important to use a qualified contractor and the right equipment for the specific needs, especially when it involves a large rig.
Finland and Estonia Form Pact to Strengthen Underwater Energy Assets
Finland and Estonia have signed an agreement to strengthen cooperation in protecting and repairing critical underwater energy infrastructure, including the Balticconnector gas pipeline. This partnership aims to enhance energy security and stabilize prices for both countries.
P&GJ’s Europe 500 Report of Top Pipelines
The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.
French Pipeline Sector Moving Toward Hydrogen
France is actively developing its pipeline network, as part of ambitious state plans to turn the country into one of the largest natural gas and hydrogen hubs in Europe in years to come.
EU, NATO Step Up Fight Against Sabotage of Gas Infrastructure
Safeguarding European energy and gas infrastructure against sabotage and cyberattacks will be one of the top priorities for NATO and the EU institutions over the coming years as the Nord Stream attacks have altered the energy security landscape for good.
TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain
France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.
China to Launch Guangdong LNG Terminal, Exxon Secures 20-Year Access
China's Guangdong Energy Group is set to begin commercial operations of its new $1 billion LNG terminal, with ExxonMobil securing 20 years of access to handle 1.8 million tons annually. The terminal will support ExxonMobil's chemical complex in Huizhou, starting operations in 2025.
EQT Plans to Reverse Some U.S. Natural Gas Production Curtailments in October, CEO Says
"Production curtailments will be a normal part of our strategy when prices are low," CEO Toby Rice said, noting the company has already curtailed about 1 billion cubic feet per day (Bcf/d) of production in the spring.
Woodland Biofuels to Invest $1.35 Billion in Louisiana for RNG, Hydrogen Plant
Canadian renewable fuel company Woodland Biofuels announced on Tuesday an investment of $1.35 billion at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen facility.
Tanker Departs Venture Global’s Louisiana Plaquemines LNG Export Plant as Facility Nears Production
The tanker docked for the past month at U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana had left by Tuesday morning, according to data provider LSEG.
Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
KBR has announced that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.
Eskom, Sasol Team Up to Explore LNG as South Africa Seeks Cleaner Energy
South African petrochemicals company Sasol and state power utility Eskom said on Friday they had agreed to jointly explore ways the country could use liquefied natural gas (LNG).
Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says
Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.
Trafigura to Appoint Richard Holtum as New CEO Next Week - FT
Commodity trader Trafigura plans to name Richard Holtum as its new chief executive as soon as next week, the Financial Times reported on Friday, citing people briefed about the matter.
Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell
Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Colonial Shuts Largest U.S. Gasoline Pipeline to Investigate Leak
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
