News
Energy Transfer CEO to Step Down
Energy Transfer announced on Thursday that the pipeline giant's co-founder and CEO Kelcy Warren will be stepping down on Jan. 1.
Shrinking U.S. Oil Stocks Point to Market Rebalancing
Excess petroleum inventories are being absorbed as lower prices compel U.S. shale producers and the members of OPEC+ to limit their output, confirming the market is on course to rebalance in 2021.
$56M Settlement Approved in Massachusetts Gas Explosions
A $56 million settlement has been approved in the case regarding a series of natural gas explosions and fires in Massachusetts in 2018.
U.S. Oil-Export Projects Stall as Output Slips, Opposition Builds
Several major deepwater oil export projects have stalled as the coronavirus pandemic has caused global energy demand to collapse and environmental opposition has increased.
OPEC Predicts Oil Demand to Plateau in Late 2030s
In a major shift in outlook, the OPEC group on Thursday predicted that global demand for oil will plateau in the late 2030s and could have even begun to decline by then.
Glenfarne Gets 5 More Years to Build Magnolia LNG Plant
U.S. energy regulators have given Glenfarne Group an additional five years to construct its Magnolia LNG plant in Louisiana.
TransAlta and Tidewater Midstream Agree to Sell Pioneer Pipeline
TransAlta and Tidewater Midstream have agreed to sell the Pioneer Pipeline to ATCO Gas and Pipelines for CDN $225 million.
UCT Conference Moves to Late Spring
The Underground Construction Technology International Conference & Exhibition (UCT) has been moved from late January 2021 to May 18-20 at Music City Center in Nashville.
Centurion Pipeline Announces In-Service Date for Augustus Pipeline
Centurion Pipeline has announced that its Augusts Pipeline is expected to commence service on December 1, 2020.
Polish Regulator Fines Gazprom $7.6 Billion Over Nord Stream 2 Pipeline
Polish energy regulators have fined Gazprom $7.6 billion for building the Nord Stream 2 natural gas pipeline without approval from Warsaw, the country's watchdog said on Wednesday.
Spain Approves Hydrogen Strategy to Spur Low-Carbon Economy
Spain has approved a plan to increase the country's clean hydrogen production which includes building enough infrastructure to give the nation a major role in Europe's clean energy ambitions.
Navigator Looks to Expand Borger Express Pipeline System
Navigator Energy Services has launched a binding open season on its Borger Express Pipeline to engage interest in expanding the system with 200 miles of new pipeline.
New Gas Pipeline Could Heat up Azeri-Russian Rivalry
Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.
Gas Release from Kinder Morgan Pipeline in Texas
An undetermined amount of natural gas was released on Sunday from a Kinder Morgan owned pipeline which crosses under the Trinity River near Goodrich, TX outside of Livingston.
Libyan Oil Production Rises to 290,000 Bpd — Source
Libya's oil production has risen to about 290,000 barrels per day as exports begin to resume from the embattled country.
Ukraine Could Export Gas to Europe This Winter
Ukraine has collected a record volume of natural gas in storage this year and says it is open to exporting some of its stores to the European market if conditions are right.
TC Energy to Buy Rest of TC PipeLines in $1.48 Billion Deal
TC Energy has agreed to purchase the remainder of natural gas pipeline operator TC PipeLines in a deal valued at $1.48 billion.
Artera Completes Purchase of Otis Eastern Service
Artera Services has completed its previously announced acquisition of Otis Eastern.
Frontier Aspen Announces Binding Open Season
Frontier Aspen has announced a binding open season on a proposed expansion of its Wyoming-Utah oil pipeline.
Black Bear Transmission Sells Ozark Natural Gas Gathering Assets to Undisclosed Buyer
Black Bear Transmission has sold all the assets owned by Ozark Gas Gathering to an undisclosed buyer, six months after acquiring them from Enbridge.
Noble Energy Shareholders Approve $4.2 Billion Sale to Chevron
Shareholders of Noble Energy approved the company's $4.2 billion sale to Chevron on Friday making Chevon the second-largest shale producer in the U.S.
NGL Energy Partners Announces Commissioning of Poker Lake Express Pipeline
NGL Energy Partners has commissioned it's Poker Lake Express produced water pipeline.
GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission
U.S. pipeline operator GridLiance has agreed to be acquired by NextEra Energy.
Colonial Pipeline Completes Acquisition of Refined Product Terminals
Colonial Pipeline Company has completed the acquisition of three refined product terminals from Lincoln Terminal Company.
Denmark Approves Nord Stream 2 Pipeline
Danish energy regulators have approved construction and operation of Russia's Nord Stream 2 pipeline, removing one of the largest remaining obstacles to the project.
Inter Pipeline to Acquire Milk River Pipeline System
Inter Pipeline has agreed to acquire the Milk River Pipeline System from Plains All American.
Australia's Santos Wins State Green Light for $2.6 Billion Gas Project
The Australian state of New South Wales on Wednesday approved a long-delayed $2.6 billion (A$3.6 billion) gas project being developed by Santos.
Illinois Regulators Approve Report on Condition of Chicago Gas Distribution Network
Regulators in Illinois have agreed with the conclusion of a report that found a natural gas distribution network replacement program in Chicago from Peoples Gas will increase public and customer safety.
Trump Issues Permit for Alaska to Alberta Oil Railway
President Trump has issued a presidential permit for a proposed railway project that would transport crude oil from Canadian oil sands in Alberta to export facilities in Alaska.
U.S. Pipeline Companies Hit by Weak Demand Offer Enticements to Keep Shippers
U.S. pipeline companies hit hard by the drop in global demand for oil due to the coronavirus pandemic are offering new shipping terms to producers to keep using their pipelines.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
