Projects
Santos Faces Fresh Legal Setback Over $2.4 Billion Narrabri Gas Project
The decision returns the project to the uncertainty of a legal dispute months after Santos won a court battle allowing it to resume pipeline construction at its Barossa gas project.
Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
Pipeline operator Enbridge raised its short-term profit growth forecast on Wednesday and said it will invest about $500 million in expanding its pipeline and storage assets to improve its U.S. Gulf Coast presence.
India Plans $4.95 Billion Natural Gas Pipeline Network for Kashmir, Northeast Region
India expects investment of about $4.95 billion from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh, a minister said on Monday.
Valero Joins Summit's Carbon Capture Project, Extending Pipeline to 57 Ethanol Plants
Valero Energy is joining Iowa-based Summit Carbon Solutions' proposed carbon capture and storage project, which involves a pipeline spanning more than 2,000 miles across Iowa, North Dakota, South Dakota, Nebraska, and Minnesota.
Tellurian CEO Octavio Simoes' Term Not Extended, Company Eyes Asset Sale
LNG developer Tellurian said on Monday it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business, sending its shares up as much as 3% before the bell.
TC Energy to Sell 295-Mile Portland Natural Gas Transmission System for $1.14 Billion
TC Energy said on Monday it has agreed to sell its Portland Natural Gas Transmission System to BlackRock and Morgan Stanley Infrastructure Partners for $1.14 billion.
Projects March 2024
FERC approves MVP’s Southgate gas pipeline extension; Regulator clears Trans Mountain, completion back on; Santos’ subsea pipeline clears construction hurdle; and more!
Philippines' Top Energy Firms Collaborate on $3.3 Billion LNG Facility Project
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated LNG facility, the companies said on Sunday, in a deal two of them valued at $3.3 billion.
MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April
Oil producer MEG Energy said on Friday that line fill on Canada's long-delayed Trans Mountain oil pipeline expansion would start from April.
Biden Nominates Two Democrats, One Republican to FERC; INGAA Applauds Nominations
President Joe Biden on Thursday nominated two Democrats and one Republican to the Federal Energy Regulatory Commission (FERC), an independent panel that rules on energy transmission and liquefied natural gas projects.
Trans Mountain Successfully Removes Pipe from Final Expansion Section
Trans Mountain Corp., the Canadian government-owned oil pipeline company, said on Wednesday it successfully removed a pipe from the final section of an expansion project that will nearly triple the flow of crude from Alberta to the Pacific Coast.
Trans Mountain Pipeline Expects Q2 Launch, 10% Cost Increase
Trans Mountain Corp., the Canadian government-owned oil pipeline company, continues to target a second-quarter in-service date for its expansion and expects the project's cost to rise 10%, according to a filing.
Analysis: Trans Mountain Expansion May Offer Short-Term Relief for Canada's Oil Output, Long-Term Challenges Loom
Canadian oil producers expect the discount on their crude to shrink significantly when the Trans Mountain pipeline expansion starts this year, but the relief may be short-lived as surging supply looks set to exceed the country's pipeline capacity in just a few years.
Equitrans Delays Mountain Valley Natural Gas Pipeline Again, Increases Projected Cost
U.S. energy firm Equitrans Midstream has delayed the estimated completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter from the first quarter due in part to adverse weather in January.
Venture Global Seeks One-Year Permit Extension for Calcasieu Pass LNG Completion
Venture Global LNG sought a one-year permit extension to complete construction of its Calcasieu Pass gas-export plant in Louisiana, in a filing Thursday with the U.S. Federal Energy Regulatory Commission (FERC).
U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline
U.S. energy regulators on Thursday approved a cross-border pipeline that would export about 2.8 billion cubic feet per day of natural gas from Texas to Mexico Pacific's Saguaro LNG export plant on Mexico's west coast.
Tellurian Secures Three-Year Permit Extension for Driftwood LNG Plant Construction
Cash-strapped Tellurian Inc. on Thursday won a three-year permit extension to complete construction of its Driftwood LNG export plant, a boost for the long-delayed liquefied natural gas project.
Spotlight on Mexico: Sierra Madre Pipeline Signals Nation’s Future
Mexico’s state of Chihuahua and the U.S. company Mexico Pacific have signed an agreement to construct the Sierra Madre Gas Pipeline (STGN). The pipeline will extend 155 miles (250 km) from the Waha Basin in Texas to the border at Chihuahua, then 497 miles (800 km) to Puerto Libertad in Sonora.
Venture Global LNG Presses Regulators to Approve CP2 LNG Project
U.S. liquefied natural gas (LNG) developer Venture Global LNG on Thursday asked federal regulators to approve construction of its controversial Calcasieu Pass 2 export plant at their meeting next month.
EU Approves $4.9 Billion German State Funds for Hydrogen Projects
The European Commission approved some $4.94 billion in German government funding for 24 German hydrogen projects, the economy ministry said on Thursday as Europe's biggest economy bets on the fuel for decarbonization.
U.S. Appeals Court Rejects Renewed Challenge to Mountain Valley Pipeline
A federal appeals court has for the second time rejected a challenge by property owners to the Mountain Valley Pipeline's use of eminent domain, finding that a federal law bars the case despite a recent U.S. Supreme Court ruling that made it easier to sue federal agencies.
Enbridge Warns of Continued Oil Pipeline Congestion Despite Trans Mountain Expansion
Growing Canadian oil production means shipper volumes may still be rationed on the Enbridge Inc. Mainline pipeline system even once the Trans Mountain Expansion (TMX) project is operating, an Enbridge executive said on Friday.
EIA Expects Big Boost for U.S. LNG Terminals with New Pipelines
More than 20 Bcf/d of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five U.S. liquefied natural gas (LNG) export terminals that are currently under construction, according to the U.S. EIA’s Natural Gas Pipeline Project Tracker.
Regulator Orders Trans Mountain Expansion Project to Address Deficiencies After B.C. Flooding
The Canada Energy Regulator (CER) has ordered the Trans Mountain pipeline expansion project to address environmental deficiencies and noncompliances found following flooding near Abbotsford, British Columbia, the regulator said on Thursday.
Arctic LNG 2's Third Line on Hold, TotalEnergies CEO Says
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies said.
Petrobras Explores LNG Projects with Qatar, CEO Says
Brazil's state-run Petrobras is in talks with other national oil companies in China, India and the Middle East, including Kuwait Petroleum and Qatar Energy, to collaborate on energy projects, its chief executive said on Wednesday.
Court Debates Fate of Biden's Approval for Willow Oil Project in Alaska
In Juneau, Alaska, a panel of appellate judges is deliberating on whether to uphold the Biden administration's green light for ConocoPhillips' Willow oil project within Alaska's federal petroleum reserve on the North Slope.
Mitsubishi Sees Russia's Sakhalin LNG as Key Energy Source for Japan
Mitsubishi Corp. CEO Katsuya Nakanishi said on Tuesday that Russia's Sakhalin 2 LNG project remains a key source for Japan's energy supply, as Japanese companies maintain their Russian exposure.
Tellurian Explores Sale of Haynesville Upstream Business to Finance Driftwood LNG
Tellurian is exploring the sale of its Haynesville upstream business, the LNG firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project.
Techint-SACDE Consortium Secures Contract for Northern Argentina Gas Pipeline Reversal
The joint venture Unión Transitoria de Empresas (UTE) has been awarded the contract to build a pipeline that will supply the provinces in northern Argentina with gas from Vaca Muerta, substituting gas imported from Bolivia, where production is already registering a major decline.
- 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
