North America
U.S. Oil Output Set to Plunge as Storage Fills
Ultra-low oil prices and full storage tanks and pipelines will force an unprecedentedly fast decline in U.S. output this year as producers are forced to choke or shut old wells and cut back new drilling, writes market analyst John Kemp.
AGA Chair Diane Leopold Brings Positive Outlook to Challenging Period for Industry
Diane Leopold became chair of the American Gas Association just in time for an unprecedented economic shutdown in response to the coronavirus pandemic. The executive vice president and co-chief operating officer of Dominion Energy, talked to P&GJ about the challenges and opportunities facing the natural gas industry.
TC Energy Proceeds with Keystone XL After Alberta Commits $1.1 Billion
Construction on the Keystone XL pipeline could begin as early as this week after the Alberta government committed over $1 billion to the project.
U.S. LNG Storage to Hit Record as Pandemic Cuts Demand, Exports
Stockpiles of natural gas in the U.S. are expected to reach record levels this year as producers continue to flood the market with supply as demand plunges in the wake of the coronavirus pandemic.
Coronavirus Choppers Evacuate Offshore Workers
Offshore aviation company Bristow Group said it has deployed specially-equipped helicopters from its Search and Rescue (SAR) fleet to transport offshore workers with suspected cases of the novel coronavirus in the North Sea and Americas regions.
U.S. Court Orders Full Environmental Review of Dakota Access Pipeline
A federal court has ordered the Trump administration to conduct a full environmental review of a portion of the Dakota Access Pipeline.
Phillips 66: Red Oak, Liberty, ACE Pipelines Deferred by Cost Cuts
Phillips 66 said the Red Oak Pipeline, Sweeny Frac 4 and Liberty Pipeline projects have all been deferred by cost-cutting efforts. A final investment decision on ACE Pipeline also was postponed.
Pipeline Shares Sink on Oil Decline, Coronavirus Impact
It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks.
Texas Producers, Regulator Ask State, President for Curtailments as Prices Collapse
Texas oil producers are asking for production curtailments in the state to help stabilize plummeting oil prices.
Coronavirus, Oil Price War Put Canada's Crude Sector 'On Life Support'
Canada's already struggling oil industry is now 'on life support' facing a plunge in oil prices as the global coronavirus pandemic sparked a price war with Saudia Arabia and Russia.
FERC Approves Pembina Jordan Cove LNG Export Project
U.S. regulators have approved the Jordan Cove LNG export project.
TC Energy Starts U.S. Prep Work for Keystone XL Pipeline
TC Energy said Wednesday it has started preliminary work along the route of the proposed Keystone XL oil sands pipeline through the U.S. in anticipation of starting construction next month, as opponents await a judge's ruling on their request to block any work.
Alaska LNG Passes Major Permitting Milestone, Hurdles Remain
A U.S. energy regulatory report for Alaska Gasline Development Corp's proposed Alaska liquefied natural gas project found it would provide economic benefits to the state but could cause some significant adverse environmental impacts.
Enbridge Hires Companies to Design, Build Great Lakes Tunnel
Enbridge Inc. said Friday it has hired companies to design and build a disputed oil pipeline tunnel beneath the channel linking Lakes Huron and Michigan, despite pending legal challenges.
Canada's Supreme Court Dismisses Trans Mountain Pipeline Appeals
Canada’s Supreme Court said on Thursday it would not hear five separate appeals of a lower court’s decision related to the Trans Mountain oil pipeline, clearing another hurdle for a project that has been stalled for years due to opposition over climate concerns.
Pipeline Upgrades to Increase Natural Gas Flows into New England — EIA
Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region over the next several years, according to data from the U.S. Energy Information Administration (EIA).
Kinder Morgan Uncertain About Permian Pass Pipeline
U.S. energy company Kinder Morgan Inc said its proposed Permian Pass natural gas pipeline in Texas faced an uncertain future since no customers for the project have been lined up in the current low-price environment.
Coastal GasLink Construction Allowed to Continue, Tentative Deal Reached with Protesters
Canadian authorities on Sunday said construction would continue on TC Energy’s Coastal GasLink pipeline after reaching a tentative deal with the indigenous group that has been protesting the project.
ONEOK to Expand Elk Creek Pipeline
ONEOK has announced plans to expand two of its natural gas pipelines by the end of Q1 2020, including the Elk Creek Pipeline.
Trafigura, Phillips 66 Form JV for Deepwater Texas Oil Port
Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.
Ameren Illinois Continues to Modernize With $8.5 Million Gas System Projects
Ameren Illinois announced additional updates to its natural gas system with $8.5 million in replacement projects scheduled for completion by late October in Springfield and San Jose.
Canada Hit by New Rail, Road Barricades in Wake of Arrests of Indigenous Protesters
Protesters in Canada blocked train lines, Vancouver's port entrance and at least one highway on Tuesday in response to the arrest of 10 indigenous protesters when police dismantled a rail barricade in southern Ontario a day ago.
Williams Cancels N.Y. Constitution Pipeline
Williams Cos Inc said on Monday it canceled the proposed Constitution natural gas pipeline from Pennsylvania to New York following years of opposition from politicians and environmental groups in New York.
U.S. Supreme Court Leans Toward Atlantic Coast Pipeline
A majority of the U.S. Supreme Court on Monday seemed inclined to find that the federal government had authority to grant a right of way for a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.
Phillips 66 Partners Acquires Interest in Liberty Pipeline
Phillips 66 Partners LP has reached agreement with Phillips 66 to acquire its 50% interest in the Liberty Pipeline project for approximately $75 million.
Canada Demands Rail Barricades Come Down as Farmers, Businesses Feel Pain
Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal groups lift damaging rail blockades but the protesters at the heart of the standoff remained defiant, saying their conditions had not yet been met.
South Dakota Tribes Speak Against 'Riot-Boosting' Penalties
Native American groups opposed to the Keystone XL oil pipeline told South Dakota lawmakers Wednesday that Gov. Kristi Noem's plan to restore criminal penalties for urging riots would result in peaceful protesters being silenced.
Fracking Ban Debate Causes Tremors in Battleground Pennsylvania
The notion of banning fracking is dividing the Democrats running for president and increasingly dividing Democrats in the presidential battleground state of Pennsylvania, where fracking has vaulted it to the No. 2 natural gas producer behind Texas.
Transco Takes Another Shot at NJ Pipeline Approval
Transco's Northeast Supply Enhancement Project, which would take natural gas to customers in New York City and Long Island, is back before New Jersey regulators.
Shell Considering Mars Pipeline Expansion
Shell Midstream Partners LP expects to take final investment decisions on expanding its Mars crude oil pipeline system in the Gulf of Mexico in the first half of the year, Chief Executive Kevin Nichols said on Thursday.
- 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
