Operations

Hedge Funds Increase Bid for Martin Midstream Takeover

Hedge funds Nut Tree Capital Management and Caspian Capital have made a sweetened bid to acquire fuels storage and transporter Martin Midstream Partners.

Freeport LNG Returns to Full Production

Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet of natural gas, LSEG data showed.

Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia

Puerto Bahia, and Gasco have entered into an agreement to develop a liquified petroleum gas project at Puerto Bahia's port terminal in the Bay of Cartagena, Colombia. The project is expected to be operational by 2027.

Declining Mexican Crude Output Threatens Energy Independence Goals

Mexico's incoming President Claudia Sheinbaum will likely face a new challenge fulfilling the dream of energy independence that led her predecessor to spend $17 billion on a new refinery: a shortfall in domestic crude supply.

Edison and Snam Sign $608 Million Gas Storage Deal

EDF's Italian unit Edison will sell its gas storage unit to gas grid operator Snam in a deal giving the assets an enterprise value of around $608 million, the two companies said on Thursday.

Canadian Wildfire Engulfs Jasper, Threatens Trans Mountain Pipeline as Firefighters Struggle to Contain Blaze

A wildfire reached the Canadian town of Jasper, Alberta on Wednesday, one of hundreds ravaging the western provinces of Alberta and British Columbia, as firefighters battled to save key facilities such as the Trans Mountain Pipeline, authorities said.

Illinois Governor Signs Bill Implementing Two-Year Pause on CO2 Pipeline Construction

Governor JB Pritzker has signed the SAFE CCS Act, establishing new safety standards for carbon capture in Illinois and implementing a two-year pause on CO2 pipeline construction.

U.S. FTC Probes Hess, Occidental Execs Over OPEC Communication

The current investigation of communication with OPEC officials is part of the U.S. antitrust regulator's review, the report said, adding that investigators are looking for evidence of collusion over oil market dynamics.

Freeport Prepares to Restart LNG Exports After Two-Week Halt

A LNG tanker was docked at the Freeport LNG terminal for the first time in almost two weeks on Friday, likely signaling the resumption of exports of the superchilled gas from the second-largest LNG exporter.

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.

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.

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.

Freeport LNG Resumes Natural Gas Imports Post-Hurricane Beryl

Freeport is one of the most-watched U.S. LNG export plants in the world because it has a history of swaying global gas prices when it shuts.

Freeport LNG to Restart Train Following Hurricane Beryl Damage

The second-largest U.S. LNG exporter said in a statement that output would "steadily ramp up to full rates as these repairs are completed."

Qingdao Port International to Acquire Oil Terminal Assets for $1.3 Billion

Qingdao Port International said on Friday it agreed to purchase assets from Rizhao Port and Yantai Port for $1.30 billion as part of its restructuring efforts.

Enhancing Contractor Safety: New API Assessment Program Targets Key Risks

API introduces the Pipeline Contractor Assessment Program to enhance safety practices among pipeline contractors, focusing on standardized guidelines and risk management based on RP 1173.

Texas Oil Companies Restart Operations After Hurricane Beryl

Oil and gas companies in Texas were restarting operations on July 9 after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power.

Flowmeter Market Surge: Study Projects Growth to $9.6 Billion by 2027

The comprehensive “Volume X: The World Market for Flowmeters, 9th Edition” study from Flow Research reveals that the worldwide market for all types of flowmeter technologies totaled $7.6 billion in 2022 and $7.9 billion in 2023, with revenues forecast to reach $9.6 billion in 2027.

Freeport LNG Gas Flows Hit Near Zero During Hurricane Beryl

During Hurricane Beryl, natural gas flows to Freeport LNG's export plant in Texas plummeted to near zero, impacting U.S. LNG exports.

Largest Texas Ports Close; Enbridge Activates Emergency Plans, Kinder Morgan Shuts Facilities as Hurricane Beryl Nears

Largest Texas ports close as Hurricane Beryl nears, affecting Enbridge and Kinder Morgan operations. The companies implemented emergency plans and facility shutdowns ahead of the storm's landfall on the Texas coast.

Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say

A fire broke out late Saturday after an accident at a gas pipeline near the village of Vinogradnoye in Moscow-annexed Crimea, cutting gas to the resort town of Alushta and more than a dozen settlements, Russian officials said.

Technote: Operator’s New Vision to Control Flaring

In today’s rapidly evolving energy landscape, oil and gas operators face increasing scrutiny and responsibility to align their practices with stringent environmental regulations. One of their most demanding, ongoing environmental challenges is efficient management of flaring operations.

Tropical Storm Beryl Expected to Have Minimal Impact on U.S. Offshore Oil Production

Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution.

Bridging the Skills Gap: A Comprehensive Guide for Measurement Technicians

Explore essential skills and strategies for measurement technicians to bridge the industry skills gap, adapt to technological advancements, and excel in pipeline operations. This comprehensive guide covers training, communication, and practical tips for success.

New Fortress Energy to Sell Miami LNG Facility

(P&GJ) — New Fortress Energy Inc. has agreed to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Fire at Alberta Gas Metering Station Prompts Temporary Highway Closure

A fire that prompted temporary closure of a major highway near Edson town, Canada, on Monday involved a gas metering station, said Yellowhead County in northern Alberta.

Pipeline Integrity: Improving Data to Identify Selective Seam Weld Corrosion

Learn about the importance of detecting and managing Selective Seam Weld Corrosion (SSWC) in pipelines. Discover how advanced technologies like SpirALL MFL are helping ensure pipeline safety and integrity.

Peru State-Run Oil Firm Reports Crude Leak from Illegal Pipeline Connection

Peru's state-run oil producer said on Tuesday it had detected an illegal hook-up that caused crude to leak out from its pipeline in the north of the country that runs from the Amazon to the Pacific.

Southern Star Responds to Pipeline Fire in Terlton, Oklahoma

Investigators said they are still working to determine the cause of the fire, which occurred during maintenance work on a gas pipeline the morning of June 22.

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