North America
Financial Community’s Outlook on Oil and Natural Gas
(P&GJ) — Hop-scotching around North America in the fall of 2022 turned up varying voices calling for systemic changes in the energy industry that carry impacts from Wall Street to main street, from Canada to Mexico.
US Crude Oil Exports to Be In Demand This Year as Trade Flows Reshuffle
U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia's invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company officials and analysts said.
IEA's Birol Warns of Tighter Energy Supply Next Winter
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new LNG is coming to the market while China's consumption is set to rise this year.
Coastal GasLink’s Year of Milestones
(P&GJ) — As 2022 drew to a close, news came that one of the more complex pipelines projects ever seen in North America, the Coastal Gaslink project, had eclipsed the 80% completion mark in British Columbia. The project, in combination with the Kitimat LNG plant, is the largest Canadian infrastructure investment since the 1950s when the St. Lawrence Seaway was constructed.
Williams Strikes Natural Gas Gathering Deals with Oil Major Chevron
Natural gas processing and transportation firm Williams Cos Inc. said on Friday it executed deals with oil major Chevron Corp.'s unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico.
India's GAIL Explores Up to 26% Equity Stake in US LNG Projects
India's largest gas distributor GAIL (India) Ltd. is looking to buy an equity stake of up to 26% in an LNG liquefaction plant or project in the United States, according to a document issued by the company.
Canada's Cenovus Names Jon Mckenzie as New CEO, Posts Quarterly Profit
Cenovus Energy named COO Jon McKenzie as its next president and chief executive on Thursday, as Canada's second-largest oil and gas producer swung to a fourth-quarter net profit from a loss last year.
US LNG Producers Poised to Leapfrog Rivals with Three New Projects
Projects best positioned to move ahead include Sempra Energy's Port Arthur plant in Texas, Energy Transfer LP's Lake Charles in Louisiana and NextDecade Corp.'s Rio Grande in Texas. They have all or most of the long-term LNG sales agreements needed to convince bank's that the projects are ready for debt financing, according to Reuters analysts.
EPA Sets Soot Pollution Rule, Kinder Morgan Warns of Hefty Costs
The U.S. environmental regulator said it sent the White House its final plan to slash interstate smog and soot pollution from the power sector. Pipeline operator Kinder Morgan warned the plan would cost an estimated $4.1 billion in upgrades and retrofits to about 950 engines along its pipelines, which carry about 40% of the natural gas consumed in the U.S.
Navigator to Submit Expanded Proposal for 1,300-Mile Carbon Pipeline Project
(P&GJ) — Navigator CO2 plans to resubmit an enhanced proposal to the Illinois Commerce Agency before the end of February, over six months after initially submitting an application to the commission for its multistate pipeline. The expanded proposal is set to include at least one new sequestration site and an additional lateral route.
Canada's Suncor Mulling Options to Replace Supply from Key Oil Sands Mine
Canada's Suncor Energy on Wednesday said it is weighing options for replacing around 200,000 barrels per day of raw bitumen supply from its largest oil sands mine, which is set to run out by the mid-2030s.
Oil Prices Fall After Additional US Crude Reserve Release Announced
Oil prices fell in early Asian trade on Tuesday after the U.S. government said it will release 26 million barrels of crude from its Strategic Petroleum Reserve. Last year, U.S. President Joe Biden's administration sold a record 180 million barrels from the reserve.
Williams Closes Acquisition of MountainWest Natural Gas Transmission, Storage Business
(P&GJ) — MountainWest comprises roughly 2,000-miles of interstate natural gas pipeline systems primarily located across Utah, Wyoming and Colorado, totaling approximately 8 Bcf/d of transmission capacity. MountainWest also operates 56 Bcf of total storage capacity, including the Clay Basin underground storage reservoir, providing valuable service to western markets.
US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
The Biden administration said on Monday it is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve, a release that had been mandated by Congress in previous years. The U.S. Department of Energy considered canceling the sale of the 26 million barrels after the Biden administration sold a record 180 million barrels from the reserve last year.
US Gas Producers Skimped on Price Hedges and Now Face A Reckoning
A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges — the industry's version of price insurance — were inadequate to offset the expected losses, analysts and industry experts said.
Pipeline Operator TC Energy Beats Profit Estimates as Demand Boost Offsets Oil Spill Costs
TC Energy Corp. beat market estimates for fourth-quarter profit on Tuesday as sustained demand for energy helped the North American pipeline operator soften a $488 million cost hit from an oil spill at its Keystone pipeline in Kansas.
U.S. Treasury to Open Advanced Energy Tax Credit Applications on May 31
The U.S. Treasury said on Monday it will open applications on May 31 for $4 billion worth of new tax credits for advanced energy manufacturing and decarbonization projects, with $1.6 billion of those required to be in communities hit by closures of coal mines or coal-fired power plants.
UGI, Archaea Energy Partner to Develop Renewable Natural Gas Project in Pennsylvania
(P&GJ) — UGI Energy Services LLC and Archaea Energy Inc., a subsidiary of bp, have entered into a joint venture, Aurum Renewables LLC, to develop a renewable natural gas (RNG) project at the Commonwealth Environmental Systems landfill in Hegins, Pennsylvania.
Kinder Morgan Restarts Gas Pipeline After Leak at Watson Station in California - CNN
Pipeline operator Kinder Morgan has resumed operations after a leak was detected this week in a California gasoline pipeline that supplies unleaded and diesel fuel to storage facilities in southern Nevada, CNN reported on Saturday.
Australian Government Seeks More Leeway to Curb East Coast LNG Exports
Australia's government has proposed to expand its ability to curb LNG exports from three projects on the east coast in order to meet gas supply shortfalls, under a plan due to take effect in April.
Louisiana Slams EPA Over Lack of Urgency on Carbon-Project Approvals
Louisiana and other top oil-producing states say they can speed up permitting of carbon sequestration projects if allowed to handle decisions that currently fall under the EPA. There are dozens of these projects with multimillion-dollar price tags proposed by energy firms around the United States.
Cardinal Midstream Acquires 80 Miles of Natural Gas Pipelines in Delaware Basin
(P&GJ) — Cardinal Midstream Partners has entered a deal to acquire Medallion Midstream Services' natural gas assets in the Delaware Basin, which includes approximately 80 miles of high- and low-pressure natural gas gathering pipelines and a 140 MMcf/d natural gas processing facility.
Tellurian Woos Indian Investors for Its Driftwood LNG Project
Houston, Texas-based Tellurian resumed talks with Indian oil and gas companies for investments in Driftwood LNG late last year. Delays have hit construction of the Driftwood facility, but CEO Octavio Simoes said it is on track for its first gas output in 2026.
Pipeline Operator Magellan Says Permian Crude Flows to Houston Will Rise
U.S. pipeline operator Magellan Midstream Partners LP on Thursday predicted crude oil flows from the Permian Basin will shift toward Houston as shale production rises and lines to export hub Corpus Christi fill.
Enbridge Restores 1,835-Mile T-South Natural Gas Pipeline to Full Service
Canada's Enbridge Inc. has returned its T-South natural gas pipeline system in British Columbia to full service following an unplanned outage, the company said on Thursday.
Pipeline Operator Enterprise It's Says Bullish on Permian Oil Output
U.S. energy pipeline operator Enterprise Products Partners was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and gas will rise.
Biden Backs Scaled-Down Version of ConocoPhillips Alaska Oil Project
President Joe Biden's administration said on Wednesday it would support a scaled-back version of ConocoPhillips' planned $6 billion Willow oil and gas drilling project in Alaska but has not yet made a final decision on the contentious proposal.
Carbon Pipeline Company Sues Iowa County Over Local Siting Ordinance
The developer of a Midwest carbon capture pipeline network has sued Shelby County in Iowa, saying its ordinance restricting the siting of hazardous pipelines is overruled by a federal pipeline safety law.
TC Energy Raises Coastal GasLink Pipeline Costs by 30% to Over $10 Billion
North American pipeline firm TC Energy Corp. said on Wednesday it now estimates costs for completion of its troubled Coastal GasLink project to be $10.89 billion, as it faces skilled labor crunch and adverse weather conditions.
2,000-Mile Carbon Pipeline Project Sparks Battle Among North Dakota Landowners
(P&GJ) — Landowners from North Dakota gave testimony on Jan. 27 in favor of and against Summit Carbon Solutions' use of eminent domain to construct a 2,000-mile carbon pipeline network beneath hundreds of homes and farms in the Midwest.

- 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