Infrastructure
U.S. State Dept. Clears Oil Service Firm SLB of Russia Sanction Violations
The U.S. State Department believes oil services firm SLB has not violated sanctions against Russia and the company has been told what Washington is willing to accept, Assistant Secretary of State Geoffrey Pyatt told Reuters in an interview on Wednesday.
U.S. Natural Gas Prices Retreat Amid High Storage Levels Despite Increased LNG Demand
U.S. natural gas futures eased on Tuesday, pressured by large storage levels, after marking its best day in over two years in the previous session, helped by forecasts for more demand than previously expected with an increase in feedgas to Freeport LNG's export plant in Texas.
ONEOK's Q1 Profit Dips Due to Higher Costs, Despite Uptick in Pipeline and Gathering Segments
Pipeline operator ONEOK reported a decline in first-quarter profit on Tuesday due to increased operating costs and capital expenditures. However, the company noted an increase in capacity utilization in its natural gas gathering and pipeline segments, rising from 96% to 97%.
Trans Mountain Pipeline Begins Operations After Years of Delays and $25 Billion Investment
After 12 years and $25 billion, Canada's Trans Mountain pipeline expansion project began commercial oil shipments on Wednesday, a major milestone expected to transform access to global markets for the country's producers.
Enterprise Products Targets Year-End Approval for Deepwater Oil Port
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.
Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
Enbridge has chosen contractors for its Great Lakes Tunnel Project, a move designed to secure the pathway for its Line 5 pipeline. The project aims to enhance safety by placing the pipeline deep below the Straits of Mackinac, mitigating environmental risks.
Exxon to Temporarily Shut Guyana Platforms for Pipeline Connection
The 140-mile (225-km) pipeline will feed Guyana's $1.9 billion gas-to-power project aimed at ending the country's dependence on imported fuels and at lowering energy costs for residents.
QatarEnergy Inks $6 Billion Deal for 18 LNG Vessels with China's CSSC
QatarEnergy has finalized an agreement with China State Shipbuilding Corp. (CSSC) for the construction of 18 state-of-the-art LNG vessels, each boasting a capacity of 271,000 cubic meters.
Diamondback Energy, Endeavor Face FTC Scrutiny with Second Request on $26 Billion Merger
Oil and gas firm Diamondback Energy said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in connection with the $26 billion deal to buy privately-held Endeavor.
Equitrans Raises Cost Estimate for Mountain Valley Gas Pipeline
Equitrans Midstream Corp. said on Tuesday it expects to complete the construction and final commissioning activities on its Mountain Valley natural gas pipeline by the end of May at an estimated cost of $7.85 billion.
Reliance Makes First Canadian Crude Purchase from Trans Mountain Pipeline, Sources Say
Reliance Industries has bought 2 million barrels of Canadian crude from Shell for July delivery, marking the Indian refiner's first oil purchase from Canada's new Trans Mountain pipeline, trade sources said.
Louisiana Secures $52.7 Million for Pipeline Construction and Natural Gas Infrastructure
The funds, part of the Infrastructure Investment and Jobs Act, will support pipeline construction projects across various districts, replacing aging infrastructure and acquiring methane leak detection equipment.
Gassco, Gascade to Establish New Hydrogen Pipeline Route Between Norway and Germany
GASCADE and GASSCO have signed a memorandum of understanding to establish a hydrogen transport route between Germany and Norway, facilitating hydrogen transportation via pipeline in the North Sea.
Trans Mountain Pipeline Expansion Set to Commence Partial Operation: What Lies Ahead?
Canada's Trans Mountain pipeline expansion (TMX) is set to enter partial operation on May 1, years behind schedule and at more than four times the original cost - but with the potential to affect oil flows even outside North America.
Tivoli Midstream Acquires Strategic Texas Gulf Coast Terminal Assets
Tivoli Midstream LLC has announced the closing of an acquisition of strategic terminal and infrastructure assets located in the Gulf Coast of Texas in Brazoria County (the Chocolate Bayou Assets) from affiliates of Ascend Performance Materials LLC.
Kinder Morgan Declares Force Majeure on West Texas Gas Pipeline After Fire
Pipeline operator Kinder Morgan said on Friday a fire that erupted on a West Texas natural gas pipeline it operates was extinguished after burning for most of the day.
Four Killed in Drone Attack on Northern Iraq's Khor Mor Gas Field
Four expatriate workers were killed in a drone attack targeting the Khor Mor gas field in Iraq's Kurdistan region on Friday, an advisor to the Iraqi Kurdish prime minister told Reuters.
Uncertainty Clouds EastMed Gas Pipeline Project Timeline, Stakeholders Say
The timeline for a proposed 1,240-mile subsea pipeline connecting East Mediterranean gas reserves to Greece via Cyprus and Crete remains uncertain as stakeholders are reviewing its economic feasibility, delegates from Cyprus and the East Mediterranean Gas Forum (EMGF) said.
Pipeline Projects Seen as Unlikely to Involve Western-Based Companies
(P&GJ) – Inside China, there are numerous large-scale oil and gas pipeline projects that are being built, are currently in the planning stages or have been proposed. Some of these have huge potential significance, and the situation has certainly caught the attention of Western-based companies, which hope to supply equipment, technology or services to one or more of the projects.
Trans Mountain Expansion Requires Six More Leave-to-Open Permits, Says Regulator
The Canada Energy Regulator has six leave-to-open applications left to consider for the 590,000 barrel-per-day Trans Mountain pipeline expansion project, a CER spokesperson said on Friday.
Natural Gas Price Plunge Hits Big Oil Earnings Hard
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago.
ABL Completes German Subsea Pipeline Installation Project
(P&GJ) — Energy consultancy ABL finalized its marine warranty survey scope in connection with the installation of Germany’s OAL subsea pipeline, with the first gas feed-in expected shortly.
Security Concerns Drive Interest in Subsea Clamps
(P&GJ) — Increased concerns about energy security and the desire to support net-zero targets through innovative decommissioning projects are driving up demand for subsea clamps and connectors, according to pipeline technology specialist STATS Group.
Top Tellurian Executives Stand to Earn Millions if Driftwood LNG Project Proceeds, Proxy Filing Reveals
Top executives of U.S. liquefied natural gas developer Tellurian Inc. could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold, a proxy filing released on Thursday showed.
Repsol Expanding Renewable Portfolio in U.S., Eyes More Deals
Spain's Repsol is working on a deal to sell a minority stake in a renewable portfolio in the United States as it aims to expand its footprint in a country it sees as a key market.
Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
Oilfield services provider Baker Hughes said on Tuesday it has received an order to supply equipment for the third phase of oil giant Aramco's gas network expansion project in Saudi Arabia.
Mountain Valley Pipeline Requests In-Service Approval as Completion Nears
(P&GJ) — The Mountain Valley Pipeline is on the verge of completion, with the company seeking federal approval to commence operations. Although some final touches are pending, the company has submitted a request to FERC to expedite the process and issue an order by May 23.
Projects April 2024
U.S. regulators approve Mexico Pacific’s Saguaro Connector pipeline; EU approves $4.9 billion German state funds for hydrogen projects; Tallgrass, Bridger begin open season for Pony Express expansion; and more!
Global News April 2024
Latest industry developments from around the world!
Pipeline Industry Concerned About Methane Fee Proposal
Natural Gas industry groups are asking Congress to cancel the methane emissions fee, which goes into effect in March 2025, based on emissions in 2024.
- 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
