News
Federal Judge Denies Bid to Halt Work on Keystone XL
A federal judge has denied a request by Native American tribes to halt work on the Keystone XL oil pipeline.
FERC Approves Kinder Morgan Acadiana Expansion Project
The U.S. Federal Energy Regulatory Commission has approved Kinder Morgan Louisiana Pipeline’s Acadiana Project.
Kleinfelder Completes Acquisition of Gas Transmission Systems
San Diego-based Kleinfelder Group said it has acquired utilities and pipeline services firm Gas Transmission Systems (GTS) for an undisclosed sum.
Fluor Awarded Pipeline Construction, Maintenance Contract in Peru
Fluor has been awarded a pipeline construction and maintenance contract in Peru by Compañía Operadora de Gas (COGA) under the Consorcio Mantenimiento de Gasoductos del Peru (CMgP) consortium.
U.S. LNG Jumps to 20-Month High on Rising Exports, Cold Weather
Natural gas prices in the U.S. jumped to their highest level in nearly two years on Tuesday on higher volumes of LNG exports and forecasted colder weather than previously expected.
Shale Producer Pioneer Natural to Buy Parsley Energy for $4.5 Billion
Pioneer Natural Resources announced on Tuesday its intention to purchase Parsley Energy in an all-stock deal valued at $4.5 billion.
China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads
China pumped more crude oil into storage in September reversing two months of drawdowns as the world's largest oil importer continued to work through massive purchases made earlier this year when prices plunged.
Israeli Pipeline Company Signs Deal to Bring UAE Oil to Europe
Israeli pipeline company EAPC has signed a preliminary deal to transport oil from the United Arab Emirates to Europe via a pipeline connecting the Red Sea city of Eilat to the Mediterranean port of Ashkelon.
Blackbuck Resources Acquires Whites City Water Infrastructure from Cimarex Energy
Blackbuck Resources has acquired water infrastructure assets from Cimarex Energy.
Oil Steadies After OPEC+ Meeting as U.S. Stimulus Hopes Face Libyan Supply Boost
Oil prices held steady on Monday hampered by concerns of a resurgence of the coronavirus pandemic and by increasing production in Libya but buoyed by hopes of as U.S. stimulus package.
TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation
Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.
Islamic State Tells Supporters to Target Westerners, Oil Pipelines
An Islamic State spokesman called on the militant group's supporters to target westerners, oil pipelines and economic infrastructure in Saudi Arabia.
Oil Dips on COVID-19 Resurgence, Fears of More Supply
A surge in COVID-19 cases across Europe and the U.S. in the past few weeks is causing concern throughout the industry of a continued drag on demand, evidenced by a dip in oil prices on Friday.
ADNOC to Divest 20% Stake in Gas Pipeline Assets
ADNOC has announced a 20% sale of its gas pipeline assets to the Abu Dhabi Pension Fund and a regional holding company, ADQ.
FERC Approves Summit Midstream Double E Pipeline
U.S. energy regulators have approved Summit Midstream's Double E pipeline project.
Enbridge Completes North Dakota Stretch of Line 3 Replacement Project
Enbridge announced on Wednesday that the Canadian pipeline company has completed the North Dakota portion of its Line 3 replacement project.
OPEC Says Group Will Ensure Oil Prices do not Plunge Again
The Secretary General of OPEC told an energy conference that the group and its allies will ensure oil prices do not drop off again as they did earlier this year in response to collapsing demand.
Illinois Approves Expansion of Dakota Access Oil Pipeline
Regulators in Illinois approved on Wednesday Energy Transfer's expansion plan for the Dakota Access pipeline.
Oryx Launches Binding Open Season on Proposed New Gathering System
Oryx Midstream has launched a binding open season to solicit shipper interest in a proposed new gathering system to transport crude from Eddy County, New Mexico to an interconnect with the Trans Permian Pipeline System.
EU Considers Binding Methane Emissions Standards for LNG
The European Union has released a new draft of proposed standards on natural gas within the bloc in an effort to limit methane emissions.
Trans Mountain Agrees to Reroute Pipeline Around Indigenous Area
After years of litigation, Trans Mountain has agreed to reroute a portion of its expansion project around an indigenous area, according to a filing with Canadian energy regulators.
DNV GL Leads Hydrogen Readiness Study for Italian Gas Network
Oil and gas research firm DNV GL has been hired by Italian utility company SGI to assess the feasibility of switching the company's gas distribution network to hydrogen.
North American Energy Bankruptcies Pile Up in Third Quarter — Haynes and Boone
Law firm Haynes and Boone said a perfect storm of weak fuel demand due to the COVID-19 pandemic, a collapse in crude prices, and shrinking amounts of available credit all caused North American energy bankruptcies to pile up in Q3.
Saudi Aramco, Investors Discussing $10 Billion Pipeline Deal — Sources
Sources have reported that Saudi Aramco is in talks with asset firm BlackRock as well as other investors about selling a $10 billion stake in its pipeline assets.
BP Says Trans Adriatic Pipeline to be Ready by End of 2020
BP said it expects to begin shipping natural gas on the Trans Adriatic Pipeline by the end of 2020.
Russian Oil Companies Settle Dirty Oil Dispute with Total
Two major Russian oil companies have settled a dispute with French major Total over contaminated oil supplies delivered on the Druzhba pipeline last year.
IEA Raises 2020 Gas Demand Forecast, Still Expects Record Fall
The International Energy Agency raised its forecast for global LNG demand this year but still expects to see the biggest fall on record due to the impact of the coronavirus pandemic.
Equitrans to Evaluate Mountain Valley Pipeline Cost, Timing
Equitrans Midstream said on Monday that the company will evaluate the cost and timing of completing the Mountain Valley natural gas pipeline based on current litigation and regulatory approvals.
U.S. Energy Companies Begin Restoring Oil and Gas Output After Hurricane
Several U.S. oil and gas companies began the process of restarting production at facilities along the country's Gulf Coast on Sunday, two days after Hurricane Delta hammered the area with 100 mph winds.
Gazprom Sees European Gas Glut in 2021
Gazprom said on Monday that it expects oversupply of the European gas market to continue into 2021.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
