North America
Lighter U.S. Permian Crude Risks Losing Favor with Refiners Due to Processing Challenges
As Permian Basin crude becomes lighter, refiners face challenges in processing super-light oil, potentially leading to lower demand for WTI Midland and affecting Brent prices. Refiners may need to blend with heavier crude, raising concerns about future refinery configurations.
Canadian Natural Boosts Trans Mountain Pipeline Capacity After PetroChina Exit: Report
Canadian Natural Resources is taking over more space on the expanded Trans Mountain pipeline from a unit of PetroChina, boosting its ability to ship crude to markets after buying assets from Chevron.
Evergy to Build Two Natural Gas Power Plants in Kansas Amid Rising Demand
Evergy plans to build two 705 MW natural gas power plants in Kansas, investing over $1 billion each, to meet rising electricity demand. The plants, expected to be operational by 2029 and 2030, will serve over 1.1 million customers.
Woodside Open to Supplying Japan with U.S. LNG
Australia's top energy firm Woodside Energy sees an opportunity to beef up LNG sales to Japan, including supply from the United States, where the company just bought Tellurian and its LNG export project, CEO Meg O'Neill said on Monday.
Four Petroleum Liquids Pipelines Completed in U.S. Since 2023
Four new petroleum liquids pipelines, including three crude oil projects and one hydrocarbon gas liquids (HGL) pipeline, have been completed in the U.S. since 2023, according to data from the U.S. Energy Information Administration’s (EIA) updated Liquids Pipeline Projects Database.
Pemex Delays Projects, Targets $1.35 Billion in Savings
The cuts, aimed at optimizing resources, will delay certain projects and acquisitions until 2025, as the heavily indebted company prioritizes investments in higher-producing wells.
Energy Transfer Taps KBR, Technip to Build Louisiana LNG Plant
Energy Transfer has signed a preliminary agreement with KBR and Technip Energies to construct the Lake Charles LNG plant, pending a final investment decision. The project, in development since 2015, requires additional permits and customer agreements to move forward.
New 580-Mile Texas Pipeline Eases Bottlenecks, Boosts Shale Gas and Oil Output
The Matterhorn Express pipeline, the first new natural gas pipeline in the Permian Basin in three years, is alleviating gas bottlenecks and boosting oil production by freeing up gas flow to Gulf Coast export hubs. This new capacity is expected to significantly increase shale output in west Texas.
Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation
Cheniere Energy moves closer to starting production at its Corpus Christi Stage 3 LNG export facility in Texas, receiving federal approval for key operations. The expansion will add around 10 million metric tons per year to U.S. LNG export capacity.
Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
Phillips 66 will shut down its Los Angeles oil refinery next year, ceasing gasoline and diesel production. The move raises concerns over California’s fuel supply, which already struggles with high prices and limited refinery capacity.
Colonial Pipeline Allocates Cycle 61 Shipments on Distillate Line 2
Colonial Pipeline Co. is allocating space for Cycle 61 shipments on Line 2, which carries distillates from Houston, Texas to Greensboro, North Carolina, the company said in a notice sent to shippers on Thursday.
Kinder Morgan Misses Quarterly Profit Estimates on Weak Prices, Crude Volumes
U.S. pipeline operator Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday, weighed down by weaker commodity prices and lower crude volumes.
Canada Halts Imperial’s Norman Wells Oil Permit Extension Over Pipeline, Environmental Concerns
The SSI outlined concerns about the impact of climate change on the Norman Wells operations and the Enbridge pipeline that transports the oil to Alberta in a September letter to the CER.
U.S. Energy Deals Plunge to $12 Billion in Q3 After Year-Long M&A Surge
U.S. energy mergers dropped to $12 billion in Q3, marking the lowest total in six quarters, following a year-long wave of major deals in shale fields, according to Enverus. The decline comes as companies reassess portfolios after record acquisitions.
Workers Sue Pemex Over Injuries from Texas Refinery Gas Leak
Three workers have filed a lawsuit against Mexico's national oil company Pemex for injuries allegedly caused by a hydrogen sulfide gas release at a Deer Park, Texas refinery.
Tulsa-based ONEOK Finalizes $3.3 Billion Acquisition of EnLink Stake from GIP
Tulsa-based ONEOK has finalized its $3.3 billion acquisition of a controlling interest in EnLink Midstream from Global Infrastructure Partners. The deal expands ONEOK’s asset positions in the Permian Basin, North Texas, and Louisiana, further strengthening its integrated midstream infrastructure.
ExxonMobil Explores Sale of Bakken Shale Assets in North Dakota
ExxonMobil is exploring the sale of a portion of its assets in North Dakota's Bakken shale, which includes over 800 wells across 49,000 net acres. The sale, part of Exxon's strategy to focus on high-growth assets, could fetch upwards of $500 million.
ConocoPhillips Fights to Maintain Creditor Priority in Citgo Auction
ConocoPhillips has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the parent of the Venezuela-owned company.
Florida Gas Station Outages Decline as Recovery Efforts Continue After Hurricanes
Gas stations across Florida were resuming operations on Monday, easing fuel shortages as the state recovered from back-to-back hurricanes which caused widespread disruption.
U.S. Northeast Outlook: Permitting Reforms Seen as Crucial to Region’s Energy Woes
The state of Massachusetts earlier in 2024 joined its fellow New England states, along with Delaware, Maryland, New Jersey and New York in signing a memorandum of understanding (MOU) to establish a framework for coordinating their activities to improve interregional transmission planning and development.
Projects October 2024
Explore the latest updates in pipeline and gas infrastructure, featuring new systems, expansions, and innovative developments shaping the industry. Stay informed on significant projects that enhance operational efficiency and drive growth in the energy sector.
Federal Court Slaps FERC’s Hands on Project Approvals
According to the Interstate Natural Gas Association of America (INGAA), 2023 saw the smallest increase in added interstate pipeline capacity on record in the United States.
Venture Global Delays LNG Deliveries to Italy's Edison Until 2025
Italian energy group Edison said on Monday that U.S. gas exporter Venture Global LNG told it not to expect contract cargoes from its Louisiana export facility until April 2025.
Phillips 66 Sells Swiss Venture Stake for $1.24 Billion, Targets $3 Billion in Divestitures
Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday.
Diamondback Energy Warns of Lower Q3 Oil and Gas Prices
Diamondback Energy on Thursday signaled lower prices for its third-quarter oil and gas production, making it the third U.S. shale producer to do so in just a week.
Imperative Chemical Expands with Acquisition of Performance Chemical
Imperative Chemical Partners has acquired Performance Chemical Company (PCC), a Midland-based provider of specialty chemical solutions for midstream and production operators in the oil and gas industry.
FERC Denies Shell Access to Older Commissioning Records in Venture Global LNG Dispute
Shell has lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant.
U.S. Broadens Sanctions on Iran’s Oil Sector, Targeting 'Ghost Fleet' of Illicit Tankers
The U.S. has expanded sanctions against Iran's petroleum and petrochemical sectors in response to a missile attack on Israel. The new measures target Iran's 'ghost fleet' of oil tankers involved in illicit oil shipments, aiming to cut off financial resources for Iran’s missile programs and terrorist activities.
Building a Better Mousetrap for Coating Pipeline Girth Welds
The pursuit of building a better mousetrap can often pay off in big ways in terms of efficiencies. Such a productivity payout was the goal for finding a better solution for coating pipeline girth welds in the field – a solution that would speed up the coating process per weld.
Berkshire Hathaway's Cove Point LNG Back Online After 3-Week Shutdown
Cove Point LNG in Maryland, owned by Berkshire Hathaway Energy, resumed production after a three-week maintenance shutdown. The 0.8-bcf/d facility's restart boosted U.S. gas exports, with gas flows jumping significantly, impacting Henry Hub prices.
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
