News
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.
Indigenous Activists Occupy Petroperu Pipeline Facilities Over Healthcare Demands
A pipeline owned by Peruvian oil company Petroperu has been occupied by indigenous protests demanding better healthcare from the government, the company said on Tuesday.
Azerbaijan's SOCAR Says Oil and Gas Infrastructure is Safe
State-owned Azeri energy firm SOCAR said on Tuesday that the country's oil and gas infrastructure was safe from the current military conflict taking place in the Nagorno-Karabakh region.
Jemena Reveals Plans to Extend Eastern Gas Pipeline
Australian pipeline firm Jemena has announced plans to extend its 500-mile Eastern Gas Pipeline.
Port Arthur Pipeline Announces Binding Open Season for Additional Capacity on Texas Connector Project
A component of Sempra LNG has launched an open season to solicit interest for capacity on a proposed pipeline to connect its proposed Port Arthur LNG facility to connecting pipelines and transport hubs.
MPLX Announces Binding Open Season, Expansion of SLC Pipeline System
Marathon Petroleum's midstream division has launched a binding open season for a proposed expansion of its SLC Pipeline System.
Venezuela's PDVSA to Sell Crude to Iran — Source
According to sources, Venezuela state-owned oil firm PDVSA is preparing to sell a cargo of crude oil to Iran, under threat of U.S. sanctions.
East Mediterranean States Formally Establish Egypt-Based Gas Forum
Six Mediterranean countries signed a charter on Tuesday to formally establish a group that seeks to boost natural gas exports from the region.
TC Energy CEO to Retire End of the Year
TC Energy announced on Monday that the company's CEO of 10 years, Russ Girling will step down at the end of the year.
Norway to Spend $1.8 Billion on World's First Full-Scale CCS Chain
Norway has agreed to finance nearly $2 billion for what could be the world's first full-scale carbon capture and storage project.
Dakota Access Flows Safe Through 2020 — Court Schedule
The Dakota Access pipeline will be able to continue flows until late December 2020 at the earliest, according to a federal court schedule released last week.
Global LNG Demand to Rise for Next Few Decades, COVID Temporary Blip — Industry
Industry executives believe the global demand for LNG will continue to rise in the next several decades due to growing economies in Asia, with the coronavirus pandemic being a temporary setback.
Pandemic to Trim China's 2020 Gas Demand Growth — Report
Natural gas consumption in China is expected to grow at the slowest rate in five years according to a new report released by Beijing.
Lower Canada-U.S. Crude Flows Draws Down on Cushing Glut
Weakened crude oil flows from Canada to Cushing, Oklahoma have helped drawdown on a surplus of fuel at a major industry storage hub over the past two weeks, according to industry traders.
Sempra Says 6 Weeks Until Cameron LNG Plant in Full Service
Sempra Energy said it expects its Cameron LNG plant in Louisiana to be back in full service in six weeks after Hurricane Laura caused major power outages in the area.
PowerChina Eyes Rail Project to Transport Oil and Gas From Argentina's Vaca Muerta
Chinese energy firm PowerChina is in talks to finance a rail project to transport oil and gas from Argentina's Vaca Muerta shale play to the port city of Bahia Blanca,
U.S. Gas Futures Fall to 6-Week Low on Big Storage Build
U.S. natural gas futures fell nearly 10% to a 6-week low on Thursday as utilities injected more LNG than expected into storage.
Petrobras on Track to Expand Rio LNG Import Capacity
Brazilian state-owned oil energy firm Petrobras said the company is on track to expand import capacity at its Rio LNG facility by 50%,.
EQT Bids for Chevron U.S. Shale, Pipeline Assets in Appalachia — Sources
According to sources, EQT Corp, the largest LNG producer in the U.S. by volume, has placed a bid on Chevron's natural gas assets in Appalachia, including pipelines.
Gas Pipeline Explodes Near Oklahoma City
A natural gas pipeline exploded near Oklahoma City on Wednesday night.
Cameron LNG Moves Closer to Exiting Outage
Industry analysts believe Cameron LNG's Louisiana export plant is close to returning to service after Hurrican Laura devastated the area causing power outages throughout the area.
Russian Ship Sails for Nord Stream 2 Supply Base in Germany
Recent tracking data showed a Russian ship heading towards the German base of Nord Stream 2 pipeline project as the Kremlin seeks to push forward with the project.
Nearly $14 Billion Ready to Invest in Post-COVID Economic Recovery — Report
A new report from the Consumer Energy Alliance details nearly $14 billion worth of economic activity is being threatened by delays, obstructions and cancellations of pipeline infrastructure projects.
Germany Offered to Build LNG Terminals to Avert U.S. Pipeline Sanctions - Die Zeit
A new report from a German newspaper says that the country told the U.S. it would spend $1.2 billion to build two LNG terminals in exchange for not imposing sanctions on the Nord Stream 2 pipeline project.
Colombia's Ecopetrol Says Illegal Siphoning of Oil Pipelines Rose in 2020
Columbia's state-owned Ecopetrol says it is losing an average of 2,500 barrels of oil per day from thieves illegally siphoning fuel out of the company's pipelines.
Fossil Fuel Demand to Take Historic Knock Amid COVID-19 Scars — BP
BP is expected fossil fuel consumption to shrink for the first time in history as the pandemic has destroyed global energy demand and climate policies boost the development of renewable energy.
OPEC Cuts Oil Demand Forecasts
The OPEC group is predicted a continued slump in oil demand due to the difficulties facing many developing countries, particularly India, in containing and recovering from the coronavirus pandemic.
Black Bear Completes Acquisition of Natural Gas Assets from Third Coast Midstream
Black Bear Midstream announced it has closed its acquisition of natural gas pipeline assets from Third Coast Midstream.
Argentina Pitches Pipeline to Brazil for Vaca Muerta Shale Gas
Officials in Argentina are planning to propose a multibillion-dollar pipeline project with Brazil to carry shale gas from Argentina's Vaca Muerta shale play to Brazil's gas distribution market.
Pennsylvania Orders Sunoco to Reroute Section of Mariner East 2 Pipeline
Environmental regulators in Pennsylvania have ordered Sunoco Pipeline, a unit of Energy Transfer, to reroute a section of the company's Mariner East 2 natural gas liquids (NGL) pipeline.
- 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
