Projects
Billionaire Carlos Slim's Grupo Carso Partners with Pemex on Natural Gas Project
Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project.
ADNOC to Allocate 40% Stake in Ruwais LNG Project to Shell, TotalEnergies, BP, and Mitsui, Sources Say
The four companies are expected to get a stake of 10% each in the project which will more than double UAE's output of the sea-borne fuel and is expected to produce about 9.6 million metric tons per annum by late 2028, the sources said.
Energy Transfer Unable to Block Williams Pipeline Construction, Louisiana Judge Rules
In a recent ruling by a Louisiana district court, Williams Companies Inc. has been granted permission to build a natural gas pipeline intersecting Energy Transfer LP’s conduit.
Venture Global Seeks Approval to Fuel Generator at Louisiana LNG Plant
U.S. liquefied natural gas company Venture Global LNG sought permission on Wednesday from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.
L&T Secures Offshore Pipeline Order from ONGC
The project involves the engineering, procurement, construction, installation, and commissioning of 129 kilometers (80 miles) of subsea pipelines and related modification works across ONGC’s offshore fields.
Rosneft Names New Head for Vostok Oil Project
Russia's Rosneft has appointed a new head of its flagship Vostok Oil project that is expected to produce up to 2 million barrels per day by 2030, mostly for export to Asia.
Texas LNG Nears Full Capacity with New Offtake Agreement
Texas LNG Brownsville LLC has signed an agreement with an affiliate of a top-tier credit-rated market participant for a long-term LNG sale and purchase agreement for 0.5 million tonnes per annum of LNG.
Portugal, Spain Address Hurdles for Hydrogen Pipeline Project
Portugal and Spain are working to remove the obstacles to constructing an underwater green hydrogen pipeline by 2030 as part of their vision to become renewables superpowers, their energy ministers said on Wednesday.
Tellurian Completes $260 Million Asset Sale to Aethon to Boost Driftwood LNG Project
Tellurian Inc. has completed the sale of its upstream assets to Aethon Energy Management LLC for $260 million. This move significantly strengthens Tellurian's balance sheet as it advances the Driftwood LNG project.
Aramco Awards $25 Billion in Contracts for Strategic Gas Expansion
Aramco has announced contracts totaling over $25 billion to advance its strategic gas expansion efforts. This initiative aims to achieve a more than 60% increase in sales gas production by 2030 compared to 2021 levels.
FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
The project, estimated at $91.8 million, aims to expand the capacity of the existing Transco pipeline in Texas and Louisiana, enhancing energy infrastructure reliability and diversification along the Gulf Coast.
Construction of Germany's First Land-Based LNG Terminal Begins
The construction of Germany's first land-based liquefied national gas terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub.
Trans Mountain Bets on Last-Minute Oil Shippers to Profit from High-Cost Pipeline
Canada's Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation's financial projections show, clouding Ottawa's efforts to sell the pipeline now that its $25 billion expansion is finished after years of delays.
U.S. Regulators Approve Louisiana LNG Plant and 85-Mile Pipeline
The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline.
Guyana Selects Firm Led by Ex-Exxon Exec to Engage with Exxon on Gas Project
A newly formed company headed by a former ExxonMobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.
Sempra Signs 20-Year Deal to Supply LNG to Aramco from Port Arthur Project
Aramco and Sempra have signed a non-binding agreement for a 20-year sale and purchase agreement for 5 million tonnes per annum of LNG from the Port Arthur LNG Phase 2 expansion project.
NNPC's OB3 Gas Pipeline Set to Be Completed by August
NNPC's OB3 Gas Pipeline is poised for completion by August, marking a significant milestone with the promise of delivering 2.2 billion standard cubic feet of gas to bolster national supply.
Enbridge and Indigenous Partners to Launch 200-MW Wind Project in Saskatchewan
The Seven Stars Energy Project aims to produce enough emissions-free power to supply over 100,000 homes. The project, set to be operational by 2027, will be developed and operated by an Enbridge subsidiary.
688-Mile Summit Carbon Pipeline Project Approved for Construction by Iowa Regulators
(P&GJ) — Summit Carbon Solutions LLC has received a construction permit to build, maintain, and operate the Midwest Carbon Express, a 688-mile pipeline spanning 29 counties in Iowa.
Grupo Potencial Invests $37 Million in Brazil's Longest 'Green Fuel' Pipelines
Brazil's privately owned Grupo Potencial will invest $37 million to build two "green fuel" pipelines in the south of the farm powerhouse, the company's Vice-President Carlos Hammerschmidt said on Monday.
U.S. LNG Projects Imperiled by Surging Labor Costs
A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring LNG developers and delaying some projects from reaching a financial go-ahead.
Nigeria's 384-Mile AKK Gas Pipeline to Be Finished by Early 2025, NNPC Says
Construction of Nigeria's 614-km (384-mile) natural gas pipeline will be completed by the first quarter of 2025, the head of state oil firm NNPC said on Friday, two years after the initial planned completion date.
EU Approves $3.2 Billion in German Hydrogen Pipeline Aid
Germany is targeting more than 9,700 km (6,000 miles) of hydrogen pipelines, with existing natural gas transmission making up 60% of the network to power heavy industry sites that cannot switch to electricity.
QatarEnergy, Exxon Move to Remove Contractor from Texas Gas Project Amid Bankruptcy
Joint venture partners QatarEnergy and ExxonMobil are urgently seeking court action to remove contractor Zachry Industrial from their $10-billion Golden Pass LNG project in Texas.
TGS Proposes $500 Million Expansion of Vaca Muerta Gas Pipeline
Argentine gas transportation firm TGS said on Wednesday it has proposed investing $500 million to expand the capacity of a government-owned natural gas pipeline that connects to the country's massive Vaca Muerta shale oil and gas formation.
Mega-Deals Reshaping How Midstream Business Is Done
Explore how mega-deals are reshaping the midstream oil and gas industry, providing growth and stability amid regulatory challenges and limited organic expansion opportunities.
Projects June 2024
FERC reapproves GTN pipeline expansion; DeLa Express seeks FERC approval; Williams cancels New Jersey pipeline project; Venice extension project gets approval; Biden administration requests Enbridge review; Black Bear's Ozark project operational.
TotalEnergies, NNPC to Invest $550 Million in Nigeria Gas Facility
The investment would include a gas processing plant and a pipeline, said the source who is privy to the agreement but could not be named as they were not authorized to speak on the issue.
Indonesia to Begin Construction of 152-Mile Java Gas Pipeline in July
Indonesia plans to start in July construction of a 245-km (152.24 miles) gas pipeline in Java to connect excess supply in eastern part of the island to buyers in the west, an energy ministry official said on Wednesday.
Trans Mountain Revises Heavy Crude Standards on Pipeline After Quality Concerns
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised concerns about the crude oil arriving on the line, a regulatory filing showed.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- 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
- Phillips 66 to Sell $865 Million Stake in 500-Mile Gulf Coast Express Pipeline to ArcLight
