Infrastructure
Italy's Eni, Snam Offer Slovakia Gas Supply and Storage
Italy's energy group Eni and gas grid operator Snam on Thursday signed two agreements with Slovakia's biggest energy provider SPP for the supply and storage of gas and LNG.
Kinder Morgan Beats Profit Estimates on Higher Natural Gas; Permian Pipeline Expansion Delayed
Kinder Morgan Inc. on Wednesday beat profit expectations for the first quarter as the U.S. pipeline operator transported higher volumes of natural gas primarily from Haynesville and Eagle Ford systems.
Japan's Mitsui Buys US Gas Asset in 'Pragmatic Solution' for Energy Transition
Japan's Mitsui & Co. Ltd. has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition, it said on Thursday.
Perma-Pipe Lands Contract Awards Worth Over $8 Million
(P&GJ) — Perma-Pipe has been awarded two contracts with a combined value of over $8 million. One of the awarded projects will feed the East African Crude Oil Pipeline, transporting oil to the coast of Tanzania via Perma-Pipe’s XTRU-THERM insulation system.
Permian In Spotlight as Energy Dealmaking Gathers Steam
Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source of shale oil.
Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
(P&GJ) — When the expanded Trans Mountain pipeline begins operating next year, it will provide access to new markets in Asia for Canadian oil producers that have suffered from years of limited pipeline capacity. The expansion project will add approximately 980 km (609 miles) of new pipeline and bring the nominal capacity of the system from approximately 300,000 barrels per day (bpd) to 890,000 bpd.
Spain's Tecnicas Reunidas, FCC to Build LNG Terminal Worth $1.1 Billion in Germany
Spanish companies Tecnicas Reunidas and FCC and Turkey's ENKA have won a contract to build an LNG regasification terminal in Germany worth about $1.09 billion, Tecnicas Reunidas said.
Norway Parliament Asks for CCS Alternative to Decarbonize Major LNG Plant
Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest LNG plant, but stopped short of outright halting a controversial plan to use power from land.
Marathon Oil, Chevron Agree to Further Develop Equatorial Guinea Gas Mega Hub
(P&GJ) — Marathon Oil Corp. has signed an agreement with the Republic of Equatorial Guinea and Noble Energy E.G. Ltd, a Chevron company, to progress the next phases (Phases II and III) in the development of the Equatorial Guinea Regional Gas Mega Hub.
US Warns Companies Over Russian Oil Price Cap Evasion Via ESPO Pipeline
The U.S. Treasury published a warning to U.S. companies on Monday of possible evasions of the Russian oil price cap exported through the Eastern Siberia Pacific Ocean (ESPO) pipeline and ports in eastern Russia.
Security of Supply Concerns Prompt Arctic Barents Sea Gas Pipeline Rethink in Norway
Building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to an increased focus on supply security and Norway exporting more of its gas to Europe, gas infrastructure operator Gassco said on Monday.
Tellurian Asks Shareholders to Approve Doubling of Authorized Shares
The proposal — to increase authorized shares to 1.6 billion — if approved would provide additional financial flexibility while diluting the stakes of existing shareholders, the filing said. Shareholders will vote on the proposal on June 7, the company said in a proxy filing.
Biden Administration Greenlights LNG Exports from Alaska Project
The Biden administration on Thursday approved exports of LNG from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The project includes a proposed 807-mile (1,300-km) pipeline to move gas stranded in northern Alaska across the state.
Peninsula Pipeline Completes $11 Million Natural Gas Expansion Project in Florida
(P&GJ) — Chesapeake Utilities Corp. has announced that its subsidiary, Peninsula Pipeline Company Inc., has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area.
Natural Gas Producer Novatek Expected to Win Big from Shell's Sakhalin-2 Stake
Russian natural gas producer Novatek has scooped a lucrative deal with its purchase of Shell's stake in the Sakhalin-2 energy project, analysts said on Thursday.
ADNOC Expands Shipping Fleet with Five New VLGCs
United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.
Kinder Morgan Launches Expansion Open Season for SFPP Pipeline System
(P&GJ) — Kinder Morgan Inc. has announced the launch of a binding open season to solicit commitments to support a proposed expansion of a portion of its SFPP, L.P. (SFPP) pipeline system from El Paso, Texas, to Tucson, Arizona.
Malaysia's Petronas to Restart Gas Pipeline Operations by Q1 2024
Malaysia's national oil company Petroliam Nasional Berhad aims to restart a gas pipeline currently under force majeure by the first quarter of 2024, a senior company executive said on Wednesday.
Iraq Petitions US Court to Enforce Oil Export Arbitration Award Against Turkey
Iraq has petitioned a U.S. federal court to enforce an arbitration award against Turkey related to Iraqi oil exports through a pipeline to a Turkish port, according to documents filed with the court.
Poland Sets Exclusion Zone Around Swinoujscie LNG Terminal
Poland will introduce a temporary 200-meter exclusion zone around its Swinoujscie LNG terminal on Thursday, the interior minister said on Wednesday, citing concerns about Russian espionage.
Seven US States Submit Joint Proposal for New Clean Hydrogen Hub in Northeast Region
(P&GJ) — New York, New Jersey, Maine, Rhode Island, Connecticut, Vermont and the Commonwealth of Massachusetts have submitted a group proposal for its Northeast Regional Clean Hydrogen Hub project to the U.S. Department of Energy.
Amplify Energy Restarts San Pedro Bay Pipeline Damaged by Anchor Strike
(P&GJ) — Amplify Energy Corp. has received the required approvals from federal regulatory agencies to restart operations at the Beta Field, the company said on April 10. The 17-mile San Pedro Bay Pipeline, which transports crude oil from multiple offshore sites to a processing facility in Long Beach, will be the company's initial effort to resume full operations.
Sinopec to Build China 259-Mile Hydrogen Transmission Pipeline, Xinhua Reports
The pipeline will stretch 400 km (roughly 259 miles) from Ulanqab in sparsely populated Inner Mongolia to the capital Beijing, and will have an initial capacity of 100,000 tonnes per year, said the report, citing Sinopec chairman Ma Yongsheng.
WSJ: Exxon Eyes Potential Purchase of Shale Driller Pioneer
Exxon Mobil Corp. has held preliminary talks with Pioneer Natural Resources Co. about a possible acquisition of the U.S. shale oil producer, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Perma-Pipe Bags $6.5 Million in Project Awards in India
(P&GJ) — Perma-Pipe International Holdings Inc. announced that its subsidiary Perma-Pipe India Pvt. Ltd. has been awarded approximately $6.5 million in contracts during the first quarter of 2023. Two major projects will begin execution in Perma-Pipe’s Gandhidham, Gujarat, India facility in the first and second quarter of 2023.
Boosting Pipeline Performance and Savings with Dual-Layer Barrier Systems
Oil and gas pipelines take a beating – both before and after they’re installed underground. From transportation and storage to installation and service, pipes face potential scrapes, impacts, flexions and more. These stresses threaten the integrity of the pipes themselves and, especially, the external barrier systems that protect pipes from corrosion.
Sources: New Exxon Beaumont, Texas Crude Unit Completes Startup
The new 250,000 bbl/d Crude C CDU lifts the Beaumont refinery's capacity to 619,024 bbl/d, second only to the Motiva Enterprises refinery in nearby Port Arthur, Texas, the people said.
Tellurian to Sell Land for $1 Billion and Lease Back for Driftwood LNG Project
U.S. LNG developer Tellurian Inc. has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1 billion, a regulatory filing by the company showed on Thursday.
WSJ: Dominion Energy, National Grid Pursuing Sale of Natural Gas Pipelines
Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
QatarEnergy Awards LNG Contract to Baker Hughes for North Field South Gas Project
(P&GJ) — Baker Hughes has been awarded a contract from QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas. The project will boost Qatar’s LNG production capacity from 110 million to 126 million tons by 2027.
- 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
