Pipeline
Uzbekistan to Cut Gas Exports Amid Domestic Shortages
Uzbekistan will cut natural gas exports, which mostly go to China, because of domestic energy shortages, the Central Asian country's energy ministry said on Thursday.
Lloyd's Steps Back from Oil Sands, Coal in First Climate Change Policy
Lloyd's of London is scaling back its exposure to coal and oil sands, the commercial insurance market said in its first sustainability report, in a reversal of its traditional hands-off approach to climate change strategy.
Abu Dhabi Pipeline Sale May Signal Gulf States Trend
Bankers expect oil-rich Gulf states to accelerate privatizations like Abu Dhabi's pipeline deal, with Saudi Arabia and possibly Oman as likely candidates for asset sales next year.
Lacking Pipelines, U.S. Northeast Gas Prices Jump Ahead of Winter Storm
U.S. Northeast power and natural gas prices for Wednesday jumped to their highest level in almost a year as energy companies prepare for what could be the region's biggest winter storm in years.
Phillips 66 Lowers 2021 Spending Budget
U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around 43% lower than forecast for the previous year, as the energy industry struggles to recover from the blow of the COVID-19 pandemic.
Pinnacle Midstream II Plans Gathering, Compression System in Midland Basin
Pinnacle Midstream II on Tuesday said it has signed a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy that anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.
Russia's Druzhba Pipeline Exports Set to Slide Amid Price Row
Exports of Russian Urals oil via the Druzhba pipeline are likely to fall in the first quarter as sellers have been pressing for higher crude prices that margin-strapped refiners say they can't afford.
TC Energy to Acquire TC PipeLines in $1.68B Deal
TC Energy Corp said on Tuesday it would acquire all outstanding shares of TC PipeLines LP in a deal that values the natural gas pipelines operator at about $1.68 billion.
EU Proposes Funding Shift Away From Natural Gas
The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.
Iran Mostly Contains Fire after Landslide Hits Oil Pipeline
Firefighters have contained most of a blaze that broke out after a pipeline carrying crude oil to Iran’s second-largest refinery ruptured due to a landslide, the head of the state company in charge of oil pipelines said.
Nigerian Shell Employees Damaged Pipelines for Profit - Dutch TV
Employees at Royal Dutch Shell’s Nigerian joint venture orchestrated damage to oil pipelines to profit from the money spent on clean-up operations, Dutch investigative TV program Zembla reported.
Russia Restarts Nord Stream 2 Pipeline Construction Despite U.S. Sanctions
Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions.
Midwest Refiners to Pipe More Fuel to East Coast, Pressuring Plants
U.S. Midwest refiners are gearing up to pipe more gasoline and diesel to East Coast buyers, hoping to fill a void created by refinery closures and cutbacks, but likely to add pressure to regional fuel producers.
Kinder Morgan Sees Higher Income in 2021, Raises Dividend
Kinder Morgan Inc said on Tuesday it expects to generate higher income in 2021 and raised its annual dividend, as the pipeline operator cost cuts this year in the face of oil demand destruction.
Enbridge Expects Higher Pipeline Volumes, Rates in 2021
Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next year.
Russian Pipelaying Vessel Stops Near Nord Stream 2 Site
The Russian pipe-laying vessel Akademik Cherskiy stopped on Saturday near the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Saturday.
Minnesota Regulators Deny Request to Delay Line 3 Pipeline
A Minnesota regulatory panel has denied a request to stop Enbridge's Line 3 pipeline project, which broke ground this week after receiving its final state permit.
Uganda Gives Environmental Consent to $3.5B Oil Pipeline
Uganda has granted environmental approval for a $3.5 billion pipeline to export crude oil from western fields to the Indian Ocean coast in Tanzania.
Enbridge Starts Construction on Line 3 Pipeline in Minnesota
Enbridge began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from lactivist and Indigenous groups.
Tellurian Withdraws Application for Permian Global Access Pipeline
LNG developer Tellurian Inc told federal energy regulators it wants to withdraw its application to build the Permian Global Access natural gas pipeline in Texas and Louisiana.
Keystone XL Adds Contractors for U.S. Spreads
Six U.S. union construction companies from three states were awarded about $1.6 billion in contracts recently to build portions of the Keystone XL crude oil pipeline.
Minnesota Gives Final Green Light to Line 3 Pipeline
Minnesota regulators approved the final permit Monday for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin construction on the $2.6 billion project.
Belgium-UK Gas Interconnector Pipeline Reduces Capacity
The Interconnector gas pipeline will reduce capacity for immediate delivery flows from Belgium to Britain, effective Tuesday, the operator said.
Minnesota Tribes File to Halt Line 3 Pipeline Approval Due to Virus
Two Native American tribes in northern Minnesota are asking state regulators to stop the imminent construction of Enbridge Energy's Line 3 crude oil pipeline replacement, saying it would increase the risk of coronavirus infections spreading.
Eni's Brass River Crude Exports Halted after Pipeline Explosions
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, a source with direct knowledge of the matter said.
Williams Restructures Contracts with Bankrupt Chesapeake
Pipeline operator Williams Companies said on Monday it will take ownership of some of Chesapeake Energy Corp's assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.
Rolling Back Trump's Rollbacks: Biden Seen Reversing Climate Deregulation
Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.
Republicans Retain Tight Grip over Texas Oil and Gas Regulator
A Texas Republican businessman swept to victory in the Texas Railroad Commission over a Democratic energy lawyer who had sought to put climate change on the state energy regulator's agenda.
China to Step Up E&P, Pipeline Construction
China said it plans to step up its exploration of oil and gas, and speed up the construction of oil and gas pipelines and storage facilities, according to the official Xinhua News Agency.
CenterPoint Completes $240 Million Pipeline Modernization Plan, Seeks Cost Recovery
CenterPoint Energy's Southern Indiana Gas and Electric utility has asked regulators for a rate increase to recover the costs of its 7-year, $240 million natural gas pipeline modernization plan.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
