Infrastructure
Canada's Trans Mountain Pipeline Eyes Debt Deal Before Potential Sale
Oil pipeline operator Trans Mountain plans to borrow in the bond market to refinance some of its outstanding debt before the Canadian government eventually sells it, Bloomberg News reported on Monday, citing people familiar with the matter.
Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
Global pipeline construction surged to nearly 42,000 miles in mid-2024, driven by increased LNG and hydrogen infrastructure needs, with significant expansions in North America and Europe.
Projects July 2024
Enbridge selects Barnard, CBNA for Great Lakes Tunnel; Energy Transfer joins carbon capture initiative in Louisiana; YPF advances $2.5 billion Vaca Muerta pipeline project; Piñon Midstream boosts Delaware Basin gas capacity; Mexican developer seeks U.S. permit for LNG export.
Global News July 2024
Latest industry developments from around the world!
New Fortress’ FLNG Asset Achieves First LNG Offshore Mexico
New Fortress Energy Inc. has announced that it has achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico.
South Korea's KOMIPO Cancels LNG Import Terminal Due to High Costs, Declining Demand
South Korea's Korea Midland Power Co. (KOMIPO) has cancelled plans to build a LNG import terminal on the western coast of the country due to high costs and declining demand for the fuel.
Freeport LNG Resumes Exports in Texas as Gas Processing Ramps Up
The U.S.' second largest liquefied natural gas exporter Freeport LNG has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on Monday, according to preliminary LSEG data.
Woodside Energy to Acquire Tellurian for $1.2 Billion, Securing Future of Driftwood LNG Project
The agreement could strengthen the United States' position as the world's largest producer of the superchilled gas by securing the completion of Tellurian's 27.6 million metric ton per annum facility in Lake Charles, Louisiana.
Editor’s Notebook: Landowners and CO2 Pipelines Amid South Dakota Legislation
(P&GJ) — South Dakota's new bill empowers landowners to challenge forced easements for CO2 pipelines, enhancing rights amid eminent domain concerns. The legislation impacts projects like Summit Carbon Solutions, aiming for fairer terms and compensation for affected property owners.
Ecuador, Chile's ENAP Renegotiate Oil Block Agreement with $90 Million Investment
The new agreement, signed on July 15 between the ministry and the company ENAP SIPEC, which already operates the block, will allow an increase in reserves by 5.6 million barrels of crude oil
LNG’s Role in a Realistic Energy Transition
We are observing remarkable expansion and diversification within the global LNG market. It is projected that the market will grow from 400 million tons in 2023 to over 600 million tons by 2029.
Circular Economy Initiatives for Offshore Piping and Related Infrastructure
Circular economy is a sustainable business model that aims to ensure use of resources, extraction of maximum value from the equipment during operation and the recovery and regeneration of products and materials at the end of each’s service life.
Exxon to Sell Malaysian Oil, Gas Assets to Petronas, Sources Say
Exxon has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, an exit from a country where it used to be a dominant producer, sources said.
ONEOK to Build 230-Mile Refined Products Pipeline from Kansas to Denver
ONEOK plans to boost its pipeline capacity by constructing a new 230-mile pipeline from Scott City, Kansas, to Denver International Airport, enhancing its refined products supply between the Mid-Continent and Gulf Coast.
Sempra, Bechtel Ink Deal for Port Arthur LNG Phase 2 Expansion
Sempra has signed a fixed-price agreement with Bechtel Energy to build the second phase of the Port Arthur liquefied natural gas (LNG) export plant in Texas.
Trinidad Court Reaffirms ConocoPhillips' Claim Against Venezuela
Trinidad and Tobago's High Court has reaffirmed a decision recognizing ConocoPhillips' arbitration claim against Venezuela, which could freeze the Caribbean country's payments to its neighbor for joint natural gas projects.
Texas Tanker Bottleneck Grows Amid Slow Freeport LNG Restart After Hurricane Beryl
The number of LNG tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl's landfall last week.
Spain to Launch $2.5 Billion Plan to Boost Green Hydrogen Production
Spanish Prime Minister Pedro Sanchez announced a new plan worth $2.5 billion to boost the country's transition to clean energy, including subsidies for green energy industries and hydrogen made from renewable power.
Tenaz Energy to Acquire NAM's Offshore, Pipeline Assets for $180 Million
The transaction includes all of NAM's offshore exploration and production businesses, associated pipeline infrastructure, and onshore processing in the Netherlands.
Meeting Challenges of Safely Repairing Online Pipelines
Oil and gas operators the world over face the same set of challenges, best summed up as requiring that they identify and implement the safest and most cost-effective way of maximizing hydrocarbon output.
TotalEnergies Sells Nigerian Onshore Oil Assets to Chappal Energies for $860 Million
TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million, the French energy group said on Wednesday.
Kinder Morgan Launches Binding Open Season for South System Expansion 4 Project
Kinder Morgan has launched a binding open season on its proposed South System Expansion 4 project, designed to increase Southern Natural Gas Pipeline's South Line capacity by 1.2 billion cubic feet per day.
Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
A natural gas pipeline in Reeves County ruptured on July 15, marking the second such incident in the area within 11 months.
Exxon Shuts Joliet, Illinois Refinery After Storm Causes Power Outage
ExxonMobil shut down its 251,800-barrel-per-day refinery at Joliet, Illinois, due to a power outage after a storm, according to a filing late on Monday.
U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration's signature climate law as part of a political compromise, on grounds that the U.S. government violated the law when holding the sale.
EIA: U.S. Imports of Canadian Crude Hit Record High After TMX Startup
Imports rose by 807,000 barrels per day to 4.4 million bpd in the week to July 12, the largest gain since March 2023, according to the data.
Hydrogen-Blend Pipelines: Integrity Readiness and the Role of ILI Inspection
In this Pipeline & Gas Journal exclusive, delve into the evolution and current state of in-line inspection (ILI) technologies for hydrogen-blend pipelines, focusing on the advancements in crack detection, material flaw identification, and corrosion monitoring.
Aramco Finalizes Deal to Acquire 50% of Air Products Qudra's Blue Hydrogen Business
Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air Products Qudra, it said on Tuesday, continuing the kingdom's drive to become a major hydrogen producer.
DeLa Express Advances 690-Mile Permian-to-Louisiana Pipeline with FERC Pre-filing Progress
DeLa Express advances its 690-mile Permian-to-Louisiana pipeline project with FERC pre-filing progress, aiming to transport natural gas from Texas to Louisiana markets. The project includes extensive environmental surveys and engages stakeholders early to address regulatory requirements.
Chesapeake Utilities Expands Renewable Natural Gas Infrastructure in Florida
Chesapeake Utilities' subsidiary, Peninsula Pipeline Company (PPC), has received approval from the Florida Public Service Commission for three projects expanding natural gas infrastructure.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
- Editor’s Notebook: Alaska’s New LNG Pipeline Push Faces Long Odds
