North America
CenterPoint Completes $240 Million Pipeline Modernization Plan, Seeks Cost Recovery
CenterPoint Energy's Southern Indiana Gas and Electric utility has asked regulators for a rate increase to recover the costs of its 7-year, $240 million natural gas pipeline modernization plan.
Centurion Group Awarded Keystone XL Contract
Alberta-based Centurion Group announced that it has been awarded a contract for right-of-way work on a significant U.S. portion of the Keystone XL Pipeline.
INGAA's New CEO Stresses Great Industry Engagement
In this month's Executive Commentary, INGAA's new president and CEO, Amy Andryszak, shares her thoughts on her new job, new regulatory policies and the need for pipeline companies to engage the general public.
Frontier's Beta Crude Connector Announces Open Season
Beta Crude Connector, through its manager, Frontier Midstream Solutions IV, announced an open season for its BCC system crude oil pipeline located in West Texas.
Freeport LNG Loads 100th Cargo
Freeport LNG today announced that it has loaded its 100th LNG cargo, which departed from Freeport LNG's terminal on Saturday.
Canada Opens Oil Taps as Demand Grows, Curbs Lift
Canadian crude producers are churning out extra barrels to finish their hardest year in decades on a higher note, after Alberta's government lifted restrictions and as demand for heavy oil surged.
U.S. Drillers Add Oil and Gas Rigs for Third Straight Month
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since June 2018, and for a third consecutive month, even as oil majors cut spending due to the COVID-19 pandemic's impact on energy demand and prices.
TC Energy Sees Higher Costs for Coastal Gaslink Pipeline
TC Energy told investors on Thursday that it expects the cost for its Coastal Gaslink Pipeline in British Columbia to rise compared to previous estimates due to increased scope, permitting delays, and impacts from the pandemic.
EQT Corp to Buy Chevron Appalachian Assets, Pipeline Stake, for $735 Million
EQT announced it has agreed to purchase assets from Chevron in the Appalachian basin, including a stake in Laurel Mountain Midstream, for $735 million.
TC Energy to Begin Construction on NGTL Expansion Project
TC Energy has received approval from the Canadian government for its 2021 NOVA Gas Transmissions Ltd. (NGTL) System Expansion Project.
Canada's Cenovus to Buy Husky for $2.9 Billion
Canada's Cenovus Energy has agreed to purchase Husky Energy for nearly $3 billion as the industry is forced to consolidate amid the pandemic continues to suppress demand.
IEnova Expects Mexican Export Permit for Costa Azul LNG This Year
IEnova, a unit of Sempra Energy, still expects to receive a permit from Mexico for its Costa Azul LNG export facility by the end of the year.
Canada's Alberta to End Monthly Oil Production Curbs in December
The Canadian province of Alberta will lift curbs on crude oil production at the start of December, allowing producers to use pipeline capacities and create jobs, the region's energy minister Sonya Savage said on Friday.
U.S. Pipeline Gas Exports to Mexico Increase Despite Pandemic
U.S. exports of natural gas to Mexico, almost all of which are transported by pipeline, have continued to increase in 2020 despite the COVID-19 crisis, according to the U.S. Energy Information Administration.
Biden Calls for ‘Transition’ from Oil; GOP Sees Opening
Democrat Joe Biden’s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states.
Kinder Morgan Permian Highway Still on Track as Profit Falls
U.S. pipeline operator Kinder Morgan told investors on Wednesday that its Permian Highway pipeline was still on track to begin service in 2021 even as quarterly profit fell 10% due to lower shipping volumes.
Federal Judge Denies Bid to Halt Work on Keystone XL
A federal judge has denied a request by Native American tribes to halt work on the Keystone XL oil pipeline.
Canada’s LNG Prospects: Real Need, Real Limits
A recent report from the Conference Board of Canada, funded by the Canadian LNG Alliance, suggests that the country could be exporting as much as 56 mtpa of LNG worth $8.36 billion (C$11 billion) by 2034.
U.S. Northeast: Taking a Fresh Look at an Old Region
PGJ explores how the Northeast region could play a big part in making sure the U.S. global energy dominance continues after the pandemic.
ConocoPhillips to Buy Concho Resources for $9.7 Billion
ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.
Oryx Launches Binding Open Season on Proposed New Gathering System
Oryx Midstream has launched a binding open season to solicit shipper interest in a proposed new gathering system to transport crude from Eddy County, New Mexico to an interconnect with the Trans Permian Pipeline System.
Trans Mountain Agrees to Reroute Pipeline Around Indigenous Area
After years of litigation, Trans Mountain has agreed to reroute a portion of its expansion project around an indigenous area, according to a filing with Canadian energy regulators.
Morgan Stanley Sees Potential for $5 Natural Gas
A record decline in natural gas production and rebounding demand could create the tightest market in a decade and set the stage for Henry Hub prices up to $5/MMbtu with cold weather, according to a new Morgan Stanley forecast.
Trump Issues Permit for Alaska to Alberta Oil Railway
President Trump has issued a presidential permit for a proposed railway project that would transport crude oil from Canadian oil sands in Alberta to export facilities in Alaska.
U.S. Pipeline Companies Hit by Weak Demand Offer Enticements to Keep Shippers
U.S. pipeline companies hit hard by the drop in global demand for oil due to the coronavirus pandemic are offering new shipping terms to producers to keep using their pipelines.
Trump Backs Canada-Alaska Rail to Free Landlocked Oil, but Project Faces High Hurdles
President Donald Trump wrote on Twitter over the weekend he would issue a permit for a railway project from Canada's oil sands to ports in Alaska.
Opposition Team Criticizes Enbridge Plans for Line 5 Tunnel
Experts who reviewed project documents on behalf of opposition groups said Enbridge's plans for drilling an oil pipeline tunnel beneath a channel linking two of the Great Lakes do not meet industry standards.
Devon Energy to Buy Shale Peer WPX for $2.56 Billion in Delaware Push
U.S. oil and gas producer Devon Energy Corp said on Monday it will buy Permian basin peer WPX Energy Inc for $2.56 billion as it looks to scale up its presence in the Delaware portion of the prolific shale field.
ConocoPhillips Sees Global Oil Demand Returning, Executive Says
U.S. oil producer ConocoPhillips sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the energy mix in any scenario" going forward, a senior executive said.
Atlantic Bridge Gas Compressor Station gets U.S. Approval
U.S. regulators have given Enbridge final approval to put its Weymouth natural gas compressor station in service.
- 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
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- 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
