Infrastructure

Chevron Australia Resumes Full LNG Production at Gorgon Facility

Chevron has resumed full LNG production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.

Canada Increases Loan Guarantees for Trans Mountain Pipeline to $731 Million

The Canadian government has guaranteed another $731 million in commercial loans for the Trans Mountain pipeline expansion, Trans Mountain's quarterly earnings statement showed on Thursday.

BP, Trinidad's NGC Receive U.S. License for Gas Development with Venezuela

British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday.

Trinidad Court Upholds ConocoPhillips' $1.3 Billion Claim Against Venezuela

A Trinidad and Tobago court order has granted ConocoPhillips the right to enforce a $1.33 billion claim against Venezuela for past expropriations, a decision that could complicate proposed offshore gas ventures between Trinidad and Venezuela.

Italy, Germany, and Austria Sign Cooperation Deal for Southern Hydrogen Link

Italy, Germany and Austria have signed an agreement to cooperate on the development of a network to transport hydrogen from the southern Mediterranean to northern Europe, the energy ministries of the three countries said on Thursday.

Southeast Asia's $220 Billion Gas Expansion Plans Could Hinder Energy Transition, Says GEM

Southeast Asian countries are planning to invest as much as $220 billion on a rapid natural gas expansion program that could slow the region's clean energy transition, research by Global Energy Monitor (GEM) showed on Thursday.

Wesfarmers to Sell LPG and LNG Distribution Businesses in Australia

Wesfarmers will sell its liquefied petroleum gas and liquefied natural gas distribution businesses to Supagas and Clean Energy Fuels Australia respectively for an undisclosed sum, the conglomerate said on Thursday.

Russia Condemns U.S. Actions on Russia-China Trade and Oil Tankers

U.S. plans to further curb the operations of Russia's so-called "shadow fleet" of oil tankers are unacceptable and its desire to impede Russia-China trade is part of an illegal trade war, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.

U.S. Regulator Requests New Emissions Data from Venture Global LNG

U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.

Tellurian Plans to Use Gas Asset Sale Proceeds to Reduce Debt

LNG developer Tellurian will use most of the proceeds from the sale of its natural gas assets to Aethon Energy to pay off long-term debt, a company spokesperson said on Wednesday.

Sudan Oil Pipeline Repair Near Completion, Says South Sudan Official

A Sudan oil pipeline ruptured during fighting in February has been repaired and could resume operation in the next two weeks, a South Sudan oil ministry official said on Tuesday.

Aethon Energy to Acquire Tellurian's Upstream Assets for $260 Million

Aethon Energy said it would buy Tellurian's upstream assets for $260 million and signed a deal that could allow the investment firm to purchase two million tons per annum of LNG from Tellurian's Driftwood LNG plant.

Shell, Exxon Close to Selling North Sea Assets to Viaro Energy for $500 Million: Sources

Shell and ExxonMobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said.

ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal Amid Ongoing Energy Mergers

ConocoPhillips has agreed to acquire Marathon Oil in an all-stock transaction valued at $22.5 billion, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.

Martin Resource Offers to Buy Remaining Stake in Martin Midstream Partners

Martin Midstream Partners said on May 24 it received a buyout cash offer of $3.05 per common unit from Martin Resource Management for all the units it does not already own.

German Cabinet Approves Bill to Fast-Track Hydrogen Power Expansion

Germany's cabinet approved on Wednesday a bill to fast-track the construction of hydrogen infrastructure, import and production facilities as Berlin bets on the fuel to help decarbonize Europe's biggest economy, government sources said.

Italy Seeks Deal to Expedite Hydrogen Pipeline to Austria and Germany, Sources Say

Italy is aiming to sign a letter of intent with Germany and Austria to speed up development of a more than $4.35 billion southern pipeline for supplying hydrogen to central Europe, sources close to the matter told Reuters on Tuesday.

Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition

WTG's assets include a 6,000-mile pipeline network that serves the Midland Basin, eight processing plants with a total capacity of 1.3 billion cubic feet per day, and two new plants that are under construction.

Italy's Gas Pipeline Renaissance: A Strategic Move Towards Energy Dominance

Italy plans to actively develop its gas pipelines’ network in years to come with the intention of serving as the biggest gas hub in Europe and the entire Mediterranean region.

Conduit Power and Riley Permian Expand Partnership for ERCOT Power Sales

Plans include the construction of 100MW natural gas-fueled generation and battery energy storage systems across multiple West Texas facilities, slated for commercial operations by 2025.

XCMG's Advanced Drilling Rig Overcomes Challenges in Serbia's Gas Pipeline Project

XCMG's advanced drilling rig, the XZ3600, triumphs in Serbia's gas pipeline project, conquering tough terrain and hard soil layers with ease.

Why the U.S. Gulf Coast is Ideal for Clean Hydrogen Production

The Gulf Coast currently produces 3.5 million tons of hydrogen per year, accounting for a third of all hydrogen produced in the United States. As a major oil and gas region, the Gulf Coast has the largest hydrogen pipeline network in the country, spanning over a thousand miles.

Hess-Chevron Merger Vote Expected to Be Narrowly Approved

Hess Corp. CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp.

U.S. LNG Export Pause Creates Opportunities for Middle East Producers, Says Woodside CEO

A moratorium on new U.S. LNG export projects could open up opportunities for producers in the Middle East and Russia, but Western sanctions are curbing Moscow's ambitions to expand its global gas trade, a senior industry official said.

Mexican Developer Seeks Permit to Export U.S. Gas for LNG Production

Mexico-based Gato Negro Permitium Uno and partners including Houston-based Big River Energy plan to construct four LNG processing plants in Manzanillo on Mexico's Pacific coast to produce up to 4 MTPA of LNG, the company said.

Mountain Valley Pipeline Expects WV-VA Natural Gas Pipe in Service by Early June

U.S. natural gas pipeline venture Mountain Valley Pipeline pushed back the target in-service date of its long-delayed pipe from West Virginia to Virginia to early June from the prior target of "prior to June 1".

Piñon Midstream Boosts Sour Gas Capacity by 50% in Delaware Basin

Piñon Midstream has announced a significant increase in its sour gas treating capacity and an expansion of its infrastructure in the Delaware Basin.

Argentina's Oil Output Hits Record High with YPF's New Pipeline Launch

Argentina's oil production in the key province of Neuquen reached a record high in April, driven by increased activity in the huge Vaca Muerta shale formation, the local government said on Tuesday, edging up to around 390,326 barrels per day.

Challenges to Growth Remain Key Story in Appalachian Basin

The Marcellus Shale and Point Pleasant-Utica Shale formations of the Appalachian Basin contain an estimated mean of 214 Tcf of undiscovered, technically recoverable continuous resources of natural gas, according to the United States Geological Survey.

Valve Exerciser Test Can Provide Help with Preventive Maintenance

In process control, availability of all control elements is crucial to maintain smooth operation without unexpected final control elements failures. One of the most important final control elements used in today’s industry are valves.