North America
Tellurian Asks Shareholders to Approve Doubling of Authorized Shares
The proposal — to increase authorized shares to 1.6 billion — if approved would provide additional financial flexibility while diluting the stakes of existing shareholders, the filing said. Shareholders will vote on the proposal on June 7, the company said in a proxy filing.
Biden Administration Greenlights LNG Exports from Alaska Project
The Biden administration on Thursday approved exports of LNG from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The project includes a proposed 807-mile (1,300-km) pipeline to move gas stranded in northern Alaska across the state.
Peninsula Pipeline Completes $11 Million Natural Gas Expansion Project in Florida
(P&GJ) — Chesapeake Utilities Corp. has announced that its subsidiary, Peninsula Pipeline Company Inc., has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area.
Biden's Subdued Reaction to OPEC+ Cuts Foreshadows Economic Slowdown, Carries Risk
When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of a shrug – a far cry from his declaration that there would be “consequences” for Saudi Arabia, the de facto head of the oil cartel, when it lowered output in October.
US Plans to Refill Strategic Reserve If Advantageous to Taxpayers This Year
The Biden administration plans to refill the U.S. Strategic Petroleum Reserve soon and hopes to refill it at lower oil prices if it's advantageous to taxpayers during the rest of the year, U.S. Energy Secretary Jennifer Granholm said on Wednesday.
Iraq Petitions US Court to Enforce Oil Export Arbitration Award Against Turkey
Iraq has petitioned a U.S. federal court to enforce an arbitration award against Turkey related to Iraqi oil exports through a pipeline to a Turkish port, according to documents filed with the court.
Seven US States Submit Joint Proposal for New Clean Hydrogen Hub in Northeast Region
(P&GJ) — New York, New Jersey, Maine, Rhode Island, Connecticut, Vermont and the Commonwealth of Massachusetts have submitted a group proposal for its Northeast Regional Clean Hydrogen Hub project to the U.S. Department of Energy.
G7 Climate Ministers Drop Language on Growing LNG Demand in Draft
Climate ministers of the Group of Seven countries have backtracked for now on earlier language touting growing future demand for LNG, instead noting there may be "considerable uncertainty" for consumption.
Pioneer Natural Jumps on Report of Buyout Talks with Exxon
Pioneer Natural Resources Co.'s shares rose as much as 8.5% on Monday following a report that Exxon Mobil Corp. held preliminary talks with the U.S. shale oil producer about a possible acquisition.
Hawaiʻi Gas Issues Request for Proposals for Renewable Natural Gas, Renewable Hydrogen
(P&GJ) — Hawaiʻi Gas is seeking proposals from local and national suppliers who can provide up to 65,000 therms of RNG or up to 2,300 kg per day of renewable hydrogen. This request is the equivalent of replacing nearly all of the utility’s synthetic natural gas with RNG.
WSJ: Exxon Eyes Potential Purchase of Shale Driller Pioneer
Exxon Mobil Corp. has held preliminary talks with Pioneer Natural Resources Co. about a possible acquisition of the U.S. shale oil producer, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Sources: New Exxon Beaumont, Texas Crude Unit Completes Startup
The new 250,000 bbl/d Crude C CDU lifts the Beaumont refinery's capacity to 619,024 bbl/d, second only to the Motiva Enterprises refinery in nearby Port Arthur, Texas, the people said.
Rare Shipments of Forties Crude Head to East Coast Refiners
U.S. and Canadian refiners have turned to North Sea "Forties" crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine.
Tellurian to Sell Land for $1 Billion and Lease Back for Driftwood LNG Project
U.S. LNG developer Tellurian Inc. has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1 billion, a regulatory filing by the company showed on Thursday.
WSJ: Dominion Energy, National Grid Pursuing Sale of Natural Gas Pipelines
Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Kinder Morgan's California Renewable Diesel Hubs Begin Commercial Operations
(P&GJ) — Kinder Morgan Inc. has begun full commercial operation of its Southern and Northern California renewable diesel (RD) hub projects, the company said on April 3. RD is an alternative fuel that allows trucks, trains and any equipment that uses diesel to operate with significantly lower life-cycle emissions.
Pipeline Operator Enbridge Expected to Enter Carbon-Capture Cement Partnership
Pipeline operator Enbridge and German firm Heidelberg are expected to enter a partnership to develop a facility to capture carbon emissions from cement production.
US Cities to Receive Nearly $200 Million to Upgrade Aging, Leaking Natural Gas Pipelines
(P&GJ) — The U.S. Transportation Secretary Pete Buttigieg and the Pipeline and Hazardous Materials Safety Administration has awarded $196 million in grants to 37 projects spread across 19 states for the modernization of aging natural gas pipelines.
US Official: White House Got 'Heads Up' on OPEC Cut Plans, Disagreed with Move
The Biden administration told Saudi Arabia officials that it disagreed with OPEC’s surprise decision to cut oil production when it was given a ‘heads up’ on the move, John Kirby, coordinator for strategic communications at the National Security Council, told reporters on Monday.
Bid to Pause ConocoPhillips' Alaska Willow Project Fails
A federal judge on Monday rejected a bid by environmentalists to temporarily suspend the U.S. government’s approval of ConocoPhillips' multibillion-dollar oil drilling project in Alaska’s Arctic.
EIA: US Crude Output Rose in January to Highest Since March 2020
The EIA said that among the top oil-producing states, monthly output in Texas rose 1.5% to 5.24 million bbl/d, the highest since March 2020. In North Dakota, output jumped 10.2% to about 1.05 million bbl/d, the highest since November 2022.
US LNG Exports Back on Rising Track, Reached Record in March
U.S. producers of LNG last month regained momentum as the country's second-largest exporter Freeport LNG ramped up output, sending total shipments to an all-time record of 7.73 million tonnes, data showed on Monday.
JDR Secures Umbilical Contract with Petrogas Transportation
(P&GJ) — JDR, the global subsea cable supplier and servicer, has been awarded a contract by Petrogas E&P Netherlands to supply two umbilicals for the A15 and B10 offshore conventional gas fields in the Netherlands.
Global News April 2023
US LNG exports hit record as Freeport production returns, Granholm says refilling US strategic petroleum reserve could take years, EU Nations seek legal option to stop Russian LNG imports, Oil firms halt or cut output in Iraqi Kurdistan, and more!
Sources: Ovintiv Nears $4 Billion Deal to Acquire EnCap’s Permian Oil, Gas Assets
Ovintiv Inc. is nearing a deal to acquire oil exploration and production assets in the Permian Basin that are controlled by private equity firm EnCap Investments for about $4 billion including debt, people familiar with the matter said on Sunday.
Perspective: Why US Natural Gas Output Keeps Rising as Prices Sink
U.S. natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal units (MMBtu) for the second time this year, even as some producers have cut drilling to stave off further convulsions.
Spire Adds Storage in Rockies, Western US
(P&GJ) — To meet the growing energy demands in the Rockies and Western U.S., Spire Storage is expanding its facilities in Wyoming, with partial availability of additional natural gas storage capacity becoming available in 2024.
Pipeline Operator Enbridge to Invest $2.9 Billion to Build Ammonia Plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline operator Enbridge plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. The plant, which would be Yara's biggest, would be built at an Enbridge oil storage and export facility near Corpus Christi, with production to start around 2027-28.
Creative Coating Solutions Make for Smooth Pipeline Expansion
(P&GJ) — How does an ambitious gas pipeline expansion, running nearly half the width of Texas, get coated? One spiral weld section of pipe at a time. To protect the more than 250 miles of new pipe added to the Whistler Pipeline in the southwest of the Lone Star State, applicators got inventive – creating an efficient and resourceful approach that helped the job flow as smoothly as the energy resources the pipeline now carries to millions of customers.
Uganda Approves Construction of 898-Mile Crude Pipeline
Uganda approves construction of 898-mile crude pipeline, Biden backs scaled-back ConocoPhillips Alaska oil project, construction of 106-mile gas pipeline to Serbia underway, Coastal GasLink pipeline costs expected to top $10 billion and more.
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Energy Transfer to Build $5.3 Billion Permian Gas Pipeline to Supply Southwest
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
