Projects
TC Energy's Oil Pipeline Spin-off Faces Challenges in Gulf Expansion
TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up.
Williams Scraps Northeast Pipeline Project While Pennsylvania Gas Transport Plan Advances
Williams ambitious natural gas pipeline project, aimed at crossing New Jersey and extending under two bays to New York, has met its demise. Concurrently, another initiative involving the transportation of LNG from Pennsylvania via tanker truck is progressing.
Iran, Pakistan Seek Ways to Complete Long-Delayed 1,180-Mile Gas Pipeline Project
Iran and Pakistan are looking at ways to complete the long-delayed gas pipeline project between the two countries, Iran's Consul General to Pakistan, Hassan Nourian, said on Monday.
Kinder Morgan-Backed Gas Pipeline Expansion Prevails in U.S. Appeals Court Decision
The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global's Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.
U.S. Faces Natural Gas Shortfall as LNG Canada Terminal Nears Operational Phase
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said.
Capital Power Discontinues $2.4 Billion Genesee CCS Project Amid Economic Challenges
Capital Power announced the discontinuation of its $2.4 billion Genesee CCS project, which aimed to deploy carbon capture technology at the Genesee Generating Station near Warburg, Alberta, as part of its first-quarter results.
Exxon Pushing Forward with Mozambique LNG Project, Official Says
Exxon Mobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.
Tellurian Sends Production Workers Home Amid Talks for Haynesville Shale Sale
The Houston-based company has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its proposed Driftwood LNG export plant.
Cenovus Energy Surpasses Profit Estimates, Eyes New Markets with Trans Mountain Pipeline Expansion
Cenovus Energy beat first-quarter profit estimates on Wednesday due to higher production and refinery throughput, and executives said the start-up of the Trans Mountain pipeline expansion would open up new markets.
Trans Mountain Pipeline Begins Operations After Years of Delays and $25 Billion Investment
After 12 years and $25 billion, Canada's Trans Mountain pipeline expansion project began commercial oil shipments on Wednesday, a major milestone expected to transform access to global markets for the country's producers.
Enterprise Products Targets Year-End Approval for Deepwater Oil Port
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.
Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
Enbridge has chosen contractors for its Great Lakes Tunnel Project, a move designed to secure the pathway for its Line 5 pipeline. The project aims to enhance safety by placing the pipeline deep below the Straits of Mackinac, mitigating environmental risks.
Equitrans Raises Cost Estimate for Mountain Valley Gas Pipeline
Equitrans Midstream Corp. said on Tuesday it expects to complete the construction and final commissioning activities on its Mountain Valley natural gas pipeline by the end of May at an estimated cost of $7.85 billion.
Louisiana Secures $52.7 Million for Pipeline Construction and Natural Gas Infrastructure
The funds, part of the Infrastructure Investment and Jobs Act, will support pipeline construction projects across various districts, replacing aging infrastructure and acquiring methane leak detection equipment.
Gassco, Gascade to Establish New Hydrogen Pipeline Route Between Norway and Germany
GASCADE and GASSCO have signed a memorandum of understanding to establish a hydrogen transport route between Germany and Norway, facilitating hydrogen transportation via pipeline in the North Sea.
Trans Mountain Pipeline Expansion Set to Commence Partial Operation: What Lies Ahead?
Canada's Trans Mountain pipeline expansion (TMX) is set to enter partial operation on May 1, years behind schedule and at more than four times the original cost - but with the potential to affect oil flows even outside North America.
Uncertainty Clouds EastMed Gas Pipeline Project Timeline, Stakeholders Say
The timeline for a proposed 1,240-mile subsea pipeline connecting East Mediterranean gas reserves to Greece via Cyprus and Crete remains uncertain as stakeholders are reviewing its economic feasibility, delegates from Cyprus and the East Mediterranean Gas Forum (EMGF) said.
Pipeline Projects Seen as Unlikely to Involve Western-Based Companies
(P&GJ) – Inside China, there are numerous large-scale oil and gas pipeline projects that are being built, are currently in the planning stages or have been proposed. Some of these have huge potential significance, and the situation has certainly caught the attention of Western-based companies, which hope to supply equipment, technology or services to one or more of the projects.
Trans Mountain Expansion Requires Six More Leave-to-Open Permits, Says Regulator
The Canada Energy Regulator has six leave-to-open applications left to consider for the 590,000 barrel-per-day Trans Mountain pipeline expansion project, a CER spokesperson said on Friday.
Top Tellurian Executives Stand to Earn Millions if Driftwood LNG Project Proceeds, Proxy Filing Reveals
Top executives of U.S. liquefied natural gas developer Tellurian Inc. could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold, a proxy filing released on Thursday showed.
Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
Oilfield services provider Baker Hughes said on Tuesday it has received an order to supply equipment for the third phase of oil giant Aramco's gas network expansion project in Saudi Arabia.
Mountain Valley Pipeline Requests In-Service Approval as Completion Nears
(P&GJ) — The Mountain Valley Pipeline is on the verge of completion, with the company seeking federal approval to commence operations. Although some final touches are pending, the company has submitted a request to FERC to expedite the process and issue an order by May 23.
Projects April 2024
U.S. regulators approve Mexico Pacific’s Saguaro Connector pipeline; EU approves $4.9 billion German state funds for hydrogen projects; Tallgrass, Bridger begin open season for Pony Express expansion; and more!
Iran-Pakistan Gas Pipeline Remains Stalled Under Cloud of Sanctions
Iranian President Ebrahim Raisi's visit to Pakistan this week put the spotlight on a major gas pipeline deal between the two neighbors which has faced delays due to geopolitical issues and international sanctions.
A Northern Light: Bullish Talk as Major Projects Now in Home Stretch
(P&GJ) – Kevin Neveu, a seasoned Canadian oil and natural gas senior executive, remains optimistic about the energy markets in the north despite global uncertainties in 2024. His positivity stems from the imminent completion of two major transmission pipeline projects in western Canada – Coastal GasLink gas pipeline and Trans Mountain oil pipeline – expected before year-end.
Editor’s Notebook: Few Winners in Iraq-Turkey Pipeline Fallout
Increasingly frustrated by impasses regionally, the eight member companies of the Association of the Petroleum Industry of Kurdistan (APIKUR) have gone so far as requesting that two U.S. lawmakers exert pressure on Iraq to reopen the Iraqi-Türkiye pipeline.
Japan Looks at Developing Domestic Pipelines Sector
(P&GJ) – The government of Japan will create conditions for the development of a domestic pipelines sector in years to come. It will take place through the stimulation of building new gas and other pipelines throughout the country.
Offshore Innovation Seen as Key to Overcoming Obstacles
(P&GJ) – As the offshore oil and gas sector enters the second quarter of the year, Europe will continue to be the biggest market for global offshore pipeline construction and related work.
TC Energy Receives FERC Approval for Northwest Xpress Gas Pipeline Expansion Despite Opposition
(P&GJ) — TC Energy's plan to expand the capacity of its Gas Transmission Northwest Express pipeline by 150 million cubic feet per day (MMcf/d) received the green light from the Federal Energy Regulatory Commission on April 16.
South Africa’s Transnet Pipelines Lays Out Investment Plan
(P&GJ) – Southern Africa’s largest multi-product pipeline operator, Transnet Pipelines, plans to spend R891 million in 2024 in building its fuel handling capacity, including construction of a delayed import fuel terminal at the port of Durban and new line to supply the country’s biggest airport, OR Tambo.
- 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
