Infrastructure
Exxon Faces Hurdles in $2.5 Billion Exit from California Offshore
Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some time.
Trans Mountain Oil Pipeline Modification Request Heads to Friday Regulatory Hearing
The Canada Energy Regulator (CER) will conduct a hearing on Friday about Trans Mountain Corp.'s request for a change in construction to complete expansion of its oil pipeline from Alberta to British Columbia, according to a filing on Monday.
Kyushu Electric Considers Investment in U.S. Lake Charles LNG Project for Future Procurement Plans
Kyushu Electric Power is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer, among other projects, to secure a stable supply of the fuel, a company spokesperson said on Tuesday.
Texas Explosion Likely Caused by Gas Leak Injures 21
At least 21 people were injured Monday in an apparent gas leak explosion at the Sandman Hotel in downtown Fort Worth, Texas, the city's fire department said.
German Gas Storage Operators Warn of Overblown Plans for Hydrogen Grids
Germany's future hydrogen demand could fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel, a study commissioned by a storage operators' group showed on Thursday.
Trans Mountain Pipeline Expansion Nears 95% Completion, Set to Triple Crude Oil Capacity
Work on Canada’s Trans Mountain Pipeline expansion project is reportedly over 95% complete. When it comes onstream, the expansion will nearly triple the pipeline’s current 300,000 barrels per day (b/d) capacity.
Cedar LNG Taps Samsung, Black & Veatch for EPC Contract
The Haisla Nation and Pembina Pipeline Corp. have selected Samsung Heavy Industries and Black & Veatch to provide engineering, procurement and construction for the design, fabrication and delivery of the project's floating LNG production unit.
U.S. Approves $189 Million Loan for Real-Time Methane Monitoring in Key Oil-Producing Basins
Houston-based Long Path Technologies will use the loan to deploy its Emissions Overwatch System across 24,000 square miles (62,160 square km) in several states. The technology uses lasers - placed on 50-foot (15-meter) towers - to monitor areas for methane leaks.
TotalEnergies Appoints Expert to Evaluate Land Acquisition for Uganda, Tanzania Pipeline Projects
CEO Patrick Pouyanné has tasked Lionel Zinsou, a recognized expert in African economic development, with evaluating the land acquisition program conducted in Uganda and Tanzania as part of the Tilenga and EACOP (East African Crude Oil Pipeline) projects.
U.S. DOT Invests Nearly $15 Million to Improve Pipeline Safety
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is awarding $14.8 million in grants to fund projects and activities to improve pipeline safety.
APA to Acquire Rival Callon Petroleum in $4.5 Billion Deal
U.S. oil producer APA said on Thursday it was buying rival Callon Petroleum in an all-stock transaction valued at $4.5 billion including debt, following on the heels of a record year for dealmaking in the largest U.S. shale field.
Trans Mountain Pipeline Eyes March or May for Line Fill in Long-Delayed Expansion
Trans Mountain Corp. plans to begin line fill in March or May on its long-delayed Canadian oil pipeline expansion, depending on the diameter of pipe it uses and assuming no new problems, the Canadian government-owned company said in a filing on Wednesday.
Bunge Halts Operations at Indiana Soy Plant Due to Damaged Gas Pipeline
A soybean processing facility in Decatur, Indiana, operated by global grain handler Bunge stopped operations last week following damage to a natural gas pipeline that feeds the site, the company said in a statement to Reuters on Wednesday.
Diversified Energy Completes $200 Million Sale of Appalachia Natural Gas Assets
(P&GJ) — Diversified Energy Company Plc announced that it closed on a strategic transaction that has unlocked additional value from its existing asset base. In a nutshell, the company sold producing assets in Appalachia to a Special Purpose Vehicle (SPV) named DP Lion Equity Holdco LLC.
Saudi Aramco, China's Rongsheng in Advanced Talks for Mutual Stake Purchase in Refining Units
Chinese privately-controlled refiner Rongsheng Petrochemical and Saudi Aramco are in talks for the Chinese company to buy a 50% stake in the Saudi company's refining unit SASREF, a filing showed on Tuesday.
Russian Pipeline Gas Exports to Europe Down 56% in 2023
Natural gas supplies to Europe by Russian energy giant Gazprom were down 55.6% to 28.3 billion cubic meters (Bcm) in 2023, Reuters calculations showed on Tuesday.
Editor’s Notebook: In Canada, A Tale of Two Pipelines
Well, well, well. It looks as if Canada is likely to be in the market for some new pipelines if word that the nation’s oil and gas producers plan to drill 8% more wells in 2024 comes to pass.
RNG Outlook Offers Mixed Message for Midstream
(P&GJ) – In mid-2023, the international management consulting firm Boston Consulting Group (BCG) issued an assessment of renewable natural gas (RNG) that offered a mixed message.
Canadian Regulators Reject FortisBC's Okanagan Gas Pipeline Expansion Plan
(P&GJ) — The British Columbia Utilities Commission (BCUC) has denied FortisBC Energy Inc.’s application for its Okanagan Capacity Upgrade project, which includes the construction, installation, and operation of approximately 30 km (19 miles) of new natural gas pipeline.
Kinder Morgan Successfully Acquires NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
Kinder Morgan Inc. has successfully closed on its $1.815 billion acquisition of NextEra Energy Partners’ South Texas assets, which includes a set of integrated, large diameter high pressure natural gas pipeline systems that connect the Eagle Ford basin to key growing Mexico and Gulf Coast demand markets.
Engie Brasil Sells 15% Stake in Gas Pipeline Firm TAG to Canada's CDPQ for $641 Million
Engie Brasil said on Thursday it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ) for $641 million.
Real-Time Monitoring Helps Trans Mountain Expansion Stay on Track
(P&GJ) — Navigating diverse terrains for the $31 billion Trans Mountain Expansion Project posed challenges. Learn how obstacles like roads, rivers, and railroads impacted this major oil pipeline installation.
Crucial Role of Testing Labs in Pipeline Emergency Response
(P&GJ) — Emergency situations, like explosions due to pipeline ruptures, often happen instantly and without warning. Pipeline managers know about the risks that come with the job, but the aftereffects of pipeline ruptures and leaks are often secondary to protecting human life.
Oil Producers Canadian Natural, MEG Urge Regulator to Back Trans Mountain Request
Canadian oil producers Canadian Natural Resources and MEG Energy are urging the country's energy regulator to approve Trans Mountain Corp.'s latest request for a change to building its pipeline expansion, saying timely completion is critical.
Oxygen Corrosion Control for Multiphase, Gas Phase Pipelines
(P&GJ) — The oil and gas industry is committed to driving greater production and transportation from existing infrastructure, and ensuring effective asset integrity and flow assurance is essential to this objective.
TotalEnergies to Sell 17.5% Stake in LNG Developer NextDecade
NextDecade said TotalEnergies has offered to sell a 17.5% stake in the U.S. liquified natural gas company.
Williams to Acquire 230 Miles of Gas Pipeline, 115 Bcf Storage for $1.95 Billion
Pipeline operator Williams said on Wednesday it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion to cater to rising demand from liquefied natural gas projects.
ConocoPhillips Grants Final Approval for $8 Billion Willow Oil Project in Alaska
U.S. oil giant ConocoPhillips on Friday gave the financial greenlight to its $8 billion Willow oil and gas drilling project in Alaska.
Canada Commits Additional $1.5 Billion in Loans for Trans Mountain Pipeline Expansion
The Canadian government is backing up to $1.5 billion in new commercial loans for Trans Mountain Corp., the crown corporation building an over-budget and long-delayed oil pipeline expansion to the Pacific coast.
Trinidad: First Output from Venezuela's Dragon Gas Field Expected in 2 Years
A natural gas project to be developed in Venezuelan waters by Shell and Trinidad and Tobago's state firm National Gas Company could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday.
- 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
