Infrastructure
Sound Energy Sells Moroccan Gas Assets to Managem for $45.2 Million
Managem plans to further increase production there to 280 million cubic meters, when the field will be connected to an existing gas pipeline that connects Morocco to Spain, Managem added.
Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.
New Fortress to Begin LNG Production at Mexico Plant by the End of June
New Fortress Energy said on Friday it expects to start production of LNG at its offshore Altamira-based plant in Mexico in the next ten days and would begin shipping the gas in July.
Uniper Plans Steps to Boost Hydrogen Port at Wilhelmshaven
German utility Uniper will focus on talks with a big customer and early steps to develop hydrogen storage facilities this year after winning EU backing for two clean energy projects at the North Sea port of Wilhelmshaven, its operations head said.
Allseas Completes 163-Mile Barossa Gas Export Pipeline in Timor Sea
Allseas has completed the 262-kilometer (163-mile) Barossa gas export pipeline in the southern Timor Sea.
Phillips 66 to Sell 25% Stake in Rockies Pipeline for $1.28 Billion to Tallgrass Energy Unit
Phillips 66 said it would sell its 25% stake in the 1,714-mile Rockies Express Pipeline (REX) for about $1.28 billion to Tallgrass Energy.
Chevron Australia Initiates Repair Work on Wheatstone Platform
Chevron has commenced repair activities on its Wheatstone platform in Australia and the work is expected to be completed in the coming weeks, a spokesperson said on Thursday.
Ukraine Secures First LNG Supply Deal with U.S. Firm Venture Global Amid Energy Crisis
Ukraine signed on Thursday its first LNG deal with a U.S. company to help to avert an energy supply crunch amid a war with its bigger neighbor Russia.
Temasek Nears Completion of Pavilion Energy LNG Sale to Shell, Sources Say
Singapore's Temasek Holdings is finalizing the sale of some assets from LNG trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.
Trans Mountain Pipeline Operating at 80% Capacity, Sets to Load 22 Tankers in Vancouver
Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a "little bit" of spot capacity also being used, a Trans Mountain executive said on Wednesday.
Arizona Utility Regulators Overturn Committee Decision, Approve Black Mountain Gas Expansion Project
This ruling permits the construction of new gas power plants in Arizona without the explicit review of environmental impacts and customer costs.
FERC Approves Mountain Valley's $7.85 Billion Virginia Gas Pipeline, Operations Set to Begin Soon
Mountain Valley can begin operating its $7.85 billion Virginia natural gas pipeline after receiving approval from the U.S. Federal Energy Regulatory Commission (FERC), according to a filing on Tuesday.
Matador Acquires EnCap-backed Ameredev Unit for $1.91 Billion, Expanding Permian Oil Assets
U.S. oil and gas producer Matador Resources said on Wednesday it would add oil and natural gas producing assets and undeveloped acreage in the Delaware basin in a $1.91 billion cash deal for a unit of Ameredev II Parent.
ADNOC Awards $5.5 Billion of Contracts for Ruwais LNG Plant
ADNOC has awarded contracts worth $5.5 billion to build its Ruwais project which will more than double the United Arab Emirates LNG output, the Abu Dhabi Media Office said on Wednesday.
Mountain Valley Pipeline Startup Approval Leads to 2% Drop in U.S. Natural Gas Prices
U.S. natural gas futures slid about 2% on Wednesday on expectations the startup of the Mountain Valley Pipeline will soon allow more cheap gas from the Appalachia shale basin to flow to markets.
Phillips 66 Announces Open Season for Blue Line NGL Transport
Phillips 66 has launched a binding open season to solicit shipper commitments for services from Wichita, Kansas, to Jefferson City, Missouri, and East St. Louis, Illinois, on its Blue Line System.
Kinder Morgan Launches Open Season for Texas-to-Arizona Pipeline Expansion
SFPP, a subsidiary of Kinder Morgan Inc., has announced the launch of a binding open season to solicit commitments to support a proposed expansion of the East Line portion of its pipeline system from El Paso, Texas to Tucson, Arizona.
Noble Corp. to Acquire Diamond Offshore for $1.6 Billion to Bolster Fleet
Offshore rig contractor Noble said on Monday it would buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal valued at $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.
Wood Completes FEED for Aramco's Carbon Capture Hub in Saudi Arabia
Wood has finalized the front-end engineering and design (FEED) for Aramco's Accelerated Carbon Capture and Sequestration project in Saudi Arabia.
U.S. Expedites Strategic Petroleum Reserve Purchases as Oil Prices Decline
The Department of Energy on Friday issued two solicitations to buy a combined 6 million barrels of crude for delivery to its Bayou Choctaw site in Louisiana from September through December.
Williams Seeks Approval to Expand Regional Energy Access Natural Gas Project
U.S. energy company Williams sought permission from a federal energy regulator on Friday to put more of the Regional Energy Access natural gas project already under construction into service by July 1.
Analysis: How Devon Energy Missed the Boat on U.S. Oil and Gas Mega-Deals
U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations.
Afreximbank Provides $925 Million for Nigerian Oil Sector Expansion
Africa's Afreximbank has just greenlit a massive $925 million loan to Nigeria's NNPC, backing the oil giant's expansion plans.
Sinopec Unit Secures $1.1 Billion Deal to Build Gas Pipelines for Saudi Aramco
A Sinopec service unit said on Thursday it has signed a $1.10 billion deal to build natural gas pipelines for Saudi state oil company Aramco.
Freeport LNG Sues Three Contractors Over Defects at Texas Plant
Freeport LNG filed a lawsuit in April against three contractors alleging that installation defects in electric motors at its $14-billion Texas export plant caused prolonged outages and costly repairs.
GreenGasUSA and Darling Ingredients Partner to Produce Renewable Natural Gas
GreenGasUSA and Darling Ingredients Inc. have joined forces in a groundbreaking partnership aimed at producing renewable natural gas (RNG) and capturing CO2 emissions from wastewater streams at Darling’s U.S. facilities.
Golden Pass LNG Construction Turmoil to Delay Texas Plant's Startup, Analysts Say
The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said on Thursday.
Southern Company Gas Subsidiaries Secure First Renewable Natural Gas Deal
Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have finalized their inaugural renewable natural gas (RNG) agreement.
Consortia Eye Citgo's Texas Refinery Ahead of Auction Deadline, Sources Say
Energy producers, refiners, investment funds and bankers increasingly have shown interest in the Venezuelan-owned company's Corpus Christ, Texas, complex during a marketing process organized by a U.S. court in Delaware.
TC Energy Shareholders Approve Spin-Off of North American Oil Pipeline Business
TC Energy shareholders voted in favor of spinning off the Canadian company's liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp. whose assets include the Keystone oil pipeline.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
