Projects
XCMG's Advanced Drilling Rig Overcomes Challenges in Serbia's Gas Pipeline Project
XCMG's advanced drilling rig, the XZ3600, triumphs in Serbia's gas pipeline project, conquering tough terrain and hard soil layers with ease.
Spain's Repsol Gets U.S. License to Expand Venezuela Oil, Gas Projects - Sources
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela, sources close to the decision said on Thursday.
Youth Climate Lawsuit Targets Alaska LNG Project
Eight young Alaska residents sued the state on Wednesday seeking to block a major natural gas project, the latest in a string of climate-change related lawsuits by youths arguing that government policies promoting fossil fuels violate their rights.
Mexican Developer Seeks Permit to Export U.S. Gas for LNG Production
Mexico-based Gato Negro Permitium Uno and partners including Houston-based Big River Energy plan to construct four LNG processing plants in Manzanillo on Mexico's Pacific coast to produce up to 4 MTPA of LNG, the company said.
Mountain Valley Pipeline Expects WV-VA Natural Gas Pipe in Service by Early June
U.S. natural gas pipeline venture Mountain Valley Pipeline pushed back the target in-service date of its long-delayed pipe from West Virginia to Virginia to early June from the prior target of "prior to June 1".
ADNOC Buys 10% Stake in Mozambique LNG Project
ADNOC has acquired Galp’s 10% interest in the Area 4 concession of Mozambique’s Rovuma basin. This move is part of ADNOC’s strategy to expand its international presence and its lower-carbon LNG portfolio.
Argentina's Oil Output Hits Record High with YPF's New Pipeline Launch
Argentina's oil production in the key province of Neuquen reached a record high in April, driven by increased activity in the huge Vaca Muerta shale formation, the local government said on Tuesday, edging up to around 390,326 barrels per day.
Uzbekneftegaz in Talks to Join Azerbaijan's Shah Deniz Gas Project
Uzbek energy firm Uzbekneftegaz is in talks with Azerbaijan's SOCAR over joining a project to develop Shah Deniz, the largest gas field in the Azerbaijani section of the Caspian Sea, an Uzbek official said on Tuesday.
Contractor for QatarEnergy-Exxon LNG Plant in Texas Files for Bankruptcy
Zachry Holdings, which held the lion's share of the $10 billion construction project called Golden Pass LNG, said it was pursuing a "structured exit." Exxon said it would review construction timing and provide an update in the future.
First Canadian Oil Export Cargo from Expanded Trans Mountain Pipeline Set to Load
Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline, ship tracking data showed.
UAE's ADNOC Acquires Stake in NextDecade's Rio Grande LNG Project
ADNOC has acquired an 11.7% stake in NextDecade's Rio Grande LNG export facility in Texas and entered a supply agreement, marking the UAE energy giant's first large investment in the United States.
FERC Seeks Emission Data Updates for Venture Global LNG's Calcasieu Pass 2 Project
U.S regulators asked LNG exporter Venture Global LNG to update its emissions analysis for its proposed Calcasieu Pass 2 LNG export project in Louisiana, according to a letter sent on Wednesday.
Putin Suggests Potential for Oil Pipeline Alongside Planned Gas Link to China
Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday. The project has taken on added urgency for Russia as it bids to ramp up gas shipments to China to make up for the collapse of its exports to Europe because of the war in Ukraine.
Projects May 2024
Trans Mountain expansion expected to ship oil in June; Enbridge investing in Gray Oak, other pipeline assets; Croatia gains $566 million to build 4 gas pipelines; Williams delays Louisiana Energy Gateway amid Energy Transfer dispute; and more!
Republican Lawmakers Press Regulators to Expedite LNG Project Approvals
Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for liquefied natural gas, or LNG, projects, saying any delays could force allies and partners to turn to countries like Qatar and Iran for the fuel.
Nigeria-Morocco Pipeline Investment Decision Postponed to Early 2025
A final investment decision on the Nigeria-Morocco natural gas pipeline is expected in early 2025, after being slated for December 2024.
Energy Transfer Joins CapturePoint for Carbon Capture and Storage Initiative in Louisiana
CapturePoint LLC and Energy Transfer LP have formalized agreements for the joint development of a carbon capture and permanent underground storage project in Louisiana.
Linde Doubles Capacity at La Porte Facility to Meet Rising Demand for Industrial Gases in U.S. Gulf Coast
This expansion of Linde’s production capacity will enable the company to meet growing demand for industrial gases in the U.S. Gulf Coast across an array of end markets.
YPF Advances $2.5 Billion Pipeline Project to Spur Vaca Muerta Shale Oil Exports
YPF SA is advancing a $2.5-billion cross-country pipeline project to unlock the rich potential of the Vaca Muerta shale region, addressing the primary bottleneck hindering its full exploitation.
LM Energy Expands New Mexico Gas Gathering System, Boosts Capacity to 500 MMcf/d
The new high-pressure pipeline will provide over 300 MMcf/d of critical delivery capacity out of New Mexico's North Carlsbad area. Upon completion, LM’s systems will consist of 150 miles of gas gathering pipelines with a total capacity of approximately 500 MMcf/d.
Golden Pass LNG in Talks with Contractor Amid Potential Project Impacts
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, on Thursday said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site, but it did not tell any contractor to send workers home.
Panama Canal Considers Expansion to Accommodate U.S. LNG Transit Surge
The Panama Canal is in talks with U.S. LNG producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal's administrator Ricaurte Vasquez told Reuters in an interview.
Sempra LNG Rethinks Bechtel Pick for Cameron LNG Expansion Amid Cost Concerns, Sources Say
Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs, two people familiar with the matter told Reuters.
NextDecade Eyes Train 4 FID for Rio Grande LNG Phase 1 in Late 2024
NextDecade is advancing swiftly with its Rio Grande LNG Facility, as it eyes a significant milestone in the second half of 2024.
Pembina Pipeline Downplays Investment Prospects in Trans Mountain Expansion
Canada's Pembina Pipeline Corp. is not spending much time considering investment in the newly expanded Trans Mountain oil pipeline (TMX) due to uncertainty around shipping tolls, a company executive said on Friday.
Enbridge Launches Binding Open Season for 850-Mile Gray Oak Oil Pipeline
Gray Oak Pipeline LLC, a joint venture among the pipeline system's owners, has announced a binding open season to solicit shipper interest for an expansion of the Gray Oak Pipeline of up to 120,000 barrels per day.
Canada Faces Pipeline Squeeze Despite Trans Mountain Launch
As Canada's oil industry celebrates the start of the Trans Mountain pipeline expansion, some company executives and analysts are already warning that long-term production growth plans will depend on new takeaway capacity becoming available.
Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter
Pipeline operator Energy Transfer expects to receive a draft Environmental Impact Statement for its Blue Marlin offshore terminal this quarter, executives said on Wednesday during a quarterly earnings call.
Paraguay Pursues $1.5 Billion Gas Pipeline Linking Argentina and Brazil
Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, sources told Reuters.
Canadian Utilities Unveils $1.5 Billion Alberta Gas Pipeline Project
The company, majority-owned by ATCO, said the Yellowhead Mainline project would include 124 miles of pipeline and related control and compression facilities that will run from Peers, Alberta, to Edmonton.
- 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
