Projects

OMV Petrom Accelerates Investments in Black Sea Gas Project, Targets 2027 Production

The Neptun Deep Black Sea gas project, one of the European Union's most significant natural gas deposits, is expected to cost $4.3 billion. OMV Petrom is developing it with state-owned gas producer Romgaz.

U.S. Official to Testify on Biden's LNG Export Pause at Senate Hearing

A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden's pause on new approvals for LNG exports, the Energy Department said on Thursday.

U.S. House to Vote on Reversing Biden's LNG Exports Pause

The U.S. House of Representatives will vote next month on a measure to overturn the Biden administration's moratorium on approvals of new liquefied natural gas exports, Bloomberg reported, citing a Republican lawmaker.

Former Sempra Energy Chief Behind Efforts to Salvage Driftwood LNG Project

U.S. LNG developer Tellurian chose a Lazard Inc. investment banker to right its struggling Driftwood LNG export project, the company's chairman told investors this week.

AG&P LNG Plans 6 South and Southeast Asian Terminals in Next 2 Years

Atlantic Gulf & Pacific Company (AG&P) LNG aims to make a final investment decision (FID) and start developing six liquefied natural gas terminals in South and Southeast Asia within the next one-to-two years, the company's chief executive said.

Environmental Group Unlikely to Challenge Venture Global’s CP2 Construction Permit Approval

Environmentalists are unlikely to challenge in court regulators' expected approval of Venture Global LNG's CP2 export terminal, activist Bill McKibben told Reuters on Tuesday.

Trans Mountain Oil Pipeline Faces New Delay Due to Technical Issues

Canada's Trans Mountain said on Monday that it had run into technical issues and faces new delays as it tries to complete the final part of expanding its oil export pipeline.

Tallgrass Energy, Bridger Commence Open Season for 830-Mile Pony Express Pipeline Expansion

The open season covers the Northwest portion of the Pony Express line, connecting Bridger Pipeline's Guernsey Hub in southeast Wyoming to Pony Express' Guernsey and Sterling origin terminals in Northeast Colorado.

POET's U.S. Midwest Ethanol Plants to Join Summit Carbon Pipeline Project

POET LLC said on Monday the world's largest ethanol producer will partner with Summit Carbon Solutions to capture carbon dioxide emissions at 17 of its U.S. Midwest ethanol plants as part of Summit's multi-state pipeline project.

Trans Mountain Pipeline Expansion Set to Begin in April, Increasing Crude Flow

Canada's Trans Mountain Corp. will begin adding crude oil to its long-delayed pipeline expansion in February and expects it to start operating in early April and will ramp up to full capacity by the end of the year, an executive said on Wednesday.

Russia’s Planned Gas Pipeline to China Faces Construction Delay

Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed.

Canada Regulators Face Activist Ire for Trans Mountain Variance Approval

Environmental activists say the CER's conditions around the materials Trans Mountain can use to build the smaller section of pipe are too lenient. However, there is little they can do at this stage to block the approval.

Petronas Seeks Fiscal Incentives to Develop Suriname Gas Project

Suriname should boost incentives for energy companies looking to develop oil and gas discoveries, said Zamri Baseri, head of Malaysia's Petronas in the South American country.

Energy Transfer Does Not Expect Shutdown of Dakota Access Oil Pipeline

Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after a long-pending environmental review of a section that runs under a lake and is opposed by nearby Native American tribes.

Saudi's SABIC Gives Go-Ahead for $6.4 Billion Petrochemical Plant in China

Saudi Basic Industries Corp. (SABIC) will go ahead with building a petrochemical complex in southeastern China's Fujian province, the company said in an exchange filing on Sunday, shoring up Saudi ties with China, the world's top oil importer.

Gasunie Initiates 746-Mile Hydrogen Network Construction in the Netherlands

Gasunie has initiated the construction of a national hydrogen network in the Netherlands. This $1.6 billion project, commissioned by the Dutch government, aims to establish a comprehensive hydrogen infrastructure covering 1,200 kilometers (746 miles).

Global Pipeline Construction Outlook 2024: New LNG Terminals Sound Beckon Call for More Pipelines

(P&GJ) — It comes as little surprise to those in midstream that during the past year we have continued to see LNG initiatives garner more attention than pipeline projects. However, terminal construction drives new pipeline construction.

Projects January 2024

Wolf Carbon withdraws pipeline application in Illinois; Canadian oil, gas producers plan to drill 8% more wells in 2024; TC Energy receives FERC approval for Virginia Reliability Project; and more!

UAE's ADNOC Boosts Lower-Carbon Budget to $23 Billion

The state-owned Abu Dhabi National Oil Company said on Monday it would allocate $23 billion for decarbonization and lower-carbon projects, up from a previous $15 billion target.

Spotlight on Germany: Nation’s Pipelines Nearing Major Changes

The pipelines’ sector of Germany is on the verge of major changes, due to the ongoing conversion to hydrogen and the rapid development of H2 and gas pipelines’ infrastructure throughout the country.

Ecuador in Talks to Transfer 301-Mile OCP Oil Pipeline, Assets, and Liabilities to State Control

Ecuador is holding talks to transfer a private oil pipeline operated by OCP, as well as its associated infrastructure, liabilities and assets, to state control, the government announced in a statement on Friday.

British Columbia Strengthens $26.7 Billion Power Plan, Faces Hurdles in Electrifying LNG Projects

British Columbia boosted its $26.7 billion plan to expand its grid over the next decade, but Canada's Pacific Coast province will still fall short of supplying the biggest LNG projects with hydropower needed to avoid generating high emissions.

Terra Natural Capital Launches to Scale Carbon Projects and Boost Natural Assets Investment

Terra was founded with the mission of delivering flexible financing solutions for carbon removal and reduction projects and providing both public and private organizations with access to high-integrity carbon credits at scale.

West Virginia Greenlights Hope Gas' $177 Million Pipeline, Deemed 'Reasonable and Necessary’

West Virginia's PSC approves Hope Gas' pipeline project, investing $177 million to meet Morgantown's rising demand. Amid supply challenges, local customers welcome increased capacity for the region's energy needs.

Canadian Regulator Clears Trans Mountain Pipeline Change, Allowing Early 2024 Completion

Trans Mountain had asked to be allowed to install smaller-diameter pipe in a 1.4-mile (2.3-km) section of the pipeline's route after encountering challenging drilling conditions due to the hardness of the rock in a mountainous area between Hope and Chilliwack in the province of British Columbia.

Santos Receives Approval to Construct Subsea Pipeline for $4.3 Billion Barossa Gas Project

Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work.

$720 Billion in Pipeline Projects Defies Global Energy Transition Momentum for More Gassy Future

The investment - which has been committed to projects that are underway or are planned for the near future - reveals the powerful momentum that remains in traditional fossil fuel industries even as clean energy supplies are deployed at an accelerating rate.

Glenfarne's Texas LNG and EQT Sign 15-Year Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, is set to build a four million tonnes per annum LNG export terminal in the Port of Brownsville, Texas. The company has inked an agreement with EQT Corp. for natural gas liquefaction services.

Kyushu Electric Considers Investment in U.S. Lake Charles LNG Project for Future Procurement Plans

Kyushu Electric Power is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer, among other projects, to secure a stable supply of the fuel, a company spokesperson said on Tuesday.

Trans Mountain Pipeline Expansion Nears 95% Completion, Set to Triple Crude Oil Capacity

Work on Canada’s Trans Mountain Pipeline expansion project is reportedly over 95% complete. When it comes onstream, the expansion will nearly triple the pipeline’s current 300,000 barrels per day (b/d) capacity.