Infrastructure
Hedge Funds Launch Rival Bid for Martin Midstream Amid Takeover Battle
Hedge funds Nut Tree Capital Management and Caspian Capital are making an offer for Martin Midstream Partners, a letter seen by Reuters showed, aiming to scupper a bid from the fuels storage and transporter's largest shareholder to buy it out.
Engie, Macquarie to Partner on 434-Mile Gas Pipeline Expansion in Mexico
French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.
Strathcona and CGF to Build $2 Billion Carbon Capture Infrastructure in Canada
Canadian oil producer Strathcona Resources said on Wednesday it has partnered with Canada Growth Fund (CGF) to build carbon capture and sequestration infrastructure in Saskatchewan and Alberta provinces.
Enbridge Faces Pipeline System Overhaul Under Proposed Modified Consent Decree
Enbridge faces mandated pipeline repairs under a proposed consent decree modification for Clean Water Act and Oil Pollution Act violations. The Department of Justice's plan requires addressing circumferential cracks, revising assessments, and potentially terminating specific requirements early.
MET Group Secures 10-Year U.S. LNG Supply Deal with Shell
Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas from the U.S. on a free-on-board basis, it said on Tuesday.
Honeywell to Acquire Air Products' LNG Unit for $1.81 Billion
The deal would complement Honeywell's LNG pretreatment business by adding technologies such as heat exchangers and cryogenic equipment to its portfolio amid growing demand for the fuel in key end-markets including power and data centers.
Shell Invests in Abu Dhabi's Ruwais LNG Project, Eyes Expansion in Global LNG Portfolio
Shell Overseas Holdings Ltd. has announced plans to invest in ADNOC’s Ruwais LNG project, securing a 10% participating interest in the venture.
Diversified Acquires East Texas Gas Assets, Including 500 Miles of Pipelines, for $106 Million
Diversified Energy Company has agreed to buy natural gas assets, including over 500 miles of pipelines and compression facilities, in eastern Texas from Crescent Pass Energy for $106 million.
Enagas Sells Tallgrass Energy Stake for $1.1 Billion to Support Hydrogen Projects
Enagas has agreed to sell its 30.2% stake in U.S. energy infrastructure company Tallgrass Energy to finance green hydrogen projects, the Spanish gas grid operator said on Wednesday.
FERC Upholds 3-Year Extension for Tellurian to Construct Driftwood LNG Plant
FERC has upheld an earlier decision to allow liquefied natural gas developer Tellurian a three-year extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.
Spain Approves $865 Million for Green Hydrogen Projects
The Spanish government has approved subsidies worth $865.52 million for major green hydrogen projects, Energy Minister Teresa Ribera said on Tuesday.
Shell Advances Manatee Gas Project Development in Trinidad
Shell on Tuesday decided to proceed further with the development of the Manatee gas field in Trinidad, as it looks to strengthen its liquefied natural gas business.
Texas Oil Companies Restart Operations After Hurricane Beryl
Oil and gas companies in Texas were restarting operations on July 9 after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power.
Flowmeter Market Surge: Study Projects Growth to $9.6 Billion by 2027
The comprehensive “Volume X: The World Market for Flowmeters, 9th Edition” study from Flow Research reveals that the worldwide market for all types of flowmeter technologies totaled $7.6 billion in 2022 and $7.9 billion in 2023, with revenues forecast to reach $9.6 billion in 2027.
Largest Texas Ports Close; Enbridge Activates Emergency Plans, Kinder Morgan Shuts Facilities as Hurricane Beryl Nears
Largest Texas ports close as Hurricane Beryl nears, affecting Enbridge and Kinder Morgan operations. The companies implemented emergency plans and facility shutdowns ahead of the storm's landfall on the Texas coast.
Pipeline Regulatory Expert Michelle Boudreaux Joins Bracewell
Formerly a partner at Baker Botts, Boudreaux brings over 20 years of experience specializing in federal and state regulation of petroleum liquids and natural gas pipelines.
Petronas Boosts LNG Fleet Ahead of LNG Canada Start-Up
The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.
Germany Plans Bids for Hydrogen-Ready Power Plants by Early 2025
Germany said on Friday it will launch the first tender for the construction and modernization of 12.5 gigawatts of gas power plants that can switch to hydrogen by the end of 2024 or early next year, following industry pressure.
Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say
A fire broke out late Saturday after an accident at a gas pipeline near the village of Vinogradnoye in Moscow-annexed Crimea, cutting gas to the resort town of Alushta and more than a dozen settlements, Russian officials said.
U.S. Coast Guard Warns Hurricane Beryl May Shut Texas Oil Ports
The U.S. Coast Guard warned of possible Texas port closures from Corpus Christi to Houston because of Hurricane Beryl, which is expected to make landfall by Monday morning south of Port Lavaca.
Billionaire Carlos Slim's Grupo Carso Partners with Pemex on Natural Gas Project
Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project.
Technote: Operator’s New Vision to Control Flaring
In today’s rapidly evolving energy landscape, oil and gas operators face increasing scrutiny and responsibility to align their practices with stringent environmental regulations. One of their most demanding, ongoing environmental challenges is efficient management of flaring operations.
Australian Regulator Warns of East Coast Gas Shortage by 2027
Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.
ADNOC to Allocate 40% Stake in Ruwais LNG Project to Shell, TotalEnergies, BP, and Mitsui, Sources Say
The four companies are expected to get a stake of 10% each in the project which will more than double UAE's output of the sea-borne fuel and is expected to produce about 9.6 million metric tons per annum by late 2028, the sources said.
Golar LNG Signs 20-Year Floating LNG Vessel Deal in Argentina
Golar LNG said on Friday it has partnered with Pan American Energy to deploy a floating liquefied natural gas (FLNG) vessel for 20 years to export domestic natural gas as LNG from Argentina.
Energy Transfer Unable to Block Williams Pipeline Construction, Louisiana Judge Rules
In a recent ruling by a Louisiana district court, Williams Companies Inc. has been granted permission to build a natural gas pipeline intersecting Energy Transfer LP’s conduit.
ADNOC Explores Potential Bid for Australian Gas Giant Santos, Sources Say
Abu Dhabi National Oil Company (ADNOC) is in the preliminary stages of exploring a possible bid for Australian gas supplier Santos, two people with knowledge of the plans said, speaking on condition of anonymity.
Bridging the Skills Gap: A Comprehensive Guide for Measurement Technicians
Explore essential skills and strategies for measurement technicians to bridge the industry skills gap, adapt to technological advancements, and excel in pipeline operations. This comprehensive guide covers training, communication, and practical tips for success.
Nigerian Regulator Clears Eni, Equinor Asset Sales to Local Buyers
Nigeria's upstream oil regulator has approved two key onshore assets sale by international oil companies, clearing the way for Oando and new entrant Project Odinmim to acquire assets.
Oglethorpe Power Acquires Natural Gas Plant in Georgia
Oglethorpe Power has acquired Walton County Power, a 465-megawatt natural gas-fired plant in Monroe, Georgia. This acquisition is part of Oglethorpe Power's strategy to enhance its generation portfolio with efficient and lower-carbon emitting natural gas and nuclear energy.
- Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
- Freeport LNG Sues Three Contractors Over Defects at Texas Plant
- Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
- FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
- Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
- U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve
- Kurdish Oil Smuggling to Iran Flourishes
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
