Regions
Venture Global LNG Signs 20-Year Contract with German Energy Firm
U.S LNG developer Venture Global LNG on Thursday said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 MTPA of LNG.
Shell Resumes Maintenance at Key Norway Gas Terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.
US Mountain Valley Gas Pipeline Moving Forward, Capacity May Be Limited
The $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction.
DOE Refuses Pipeline Operator Energy Transfer's Rehearing Request for LNG Project
The U.S. Department of Energy (DOE) will not rehear pipeline operator Energy Transfer's request for a second extension of its Lake Charles LNG export project. The decision could spell an end to the project, according to the company's own filings with the DOE.
Romania Could Be Net Gas Exporter in Coming Years with Neptun Project
Romania could become a net exporter of gas in the coming years as the Neptun Deep Black Sea gas project, expected to begin production by 2027, comes online, the heads of the companies running the project said on Thursday.
EIA: US Crude Inventories Post Surprise Draw, Fuel Stocks Rise
U.S. crude stocks posted a surprise draw in the last week, helped by strong export demand and low imports, while gasoline and distillate inventories rose, the Energy Information Administration said on Thursday.
Report: Israel's Gas Reserves Grew by 40% Over Past Decade
Israel's gas reserves grew from 780 billion cubic meters (Bcm) in 2012 to 1,087 Bcm at the end of 2022, while 119 Bcm was extracted over the same period, the report said.
US Oil Stocks at Cushing Delivery Hub Hit 2-Year Peak
Stockpiles at Cushing, the delivery point for U.S. crude oil futures, have climbed for eight consecutive weeks after falling earlier this year. Overseas demand for U.S. crude and an end to refinery outages should reverse the build, analysts said.
US Shale's Muted Reply to OPEC Oil Cuts to Limit Supply, Executive Says
Muted increases in U.S. oil production and cuts by the OPEC+ producing-nations group will limit crude supply in the months ahead, pushing up prices, an executive at U.S. shale producer EOG Resources said on Wednesday.
South Africa Partners With Dutch, Danish Governments On $1 Billion Green Hydrogen Fund
South Africa's energy transition plan envisages setting up an ecosystem and export hub for green hydrogen, which is made using renewable energy and without producing greenhouse gas emissions.
Russia’s Novatek Seeks Gas Export Rights for Future LNG Plant
Novatek announced plans earlier this month to build the Murmansk LNG plant, which will have an annual capacity of 20.4 million tonnes per year. The first line at the plant could start operations in 2027.
Israel Preliminarily Approves Gas Field Development Off Gaza Strip
While Egypt and Israel have been producing gas in the eastern Mediterranean for years, the Gaza Marine field, about 30 km (20 miles) off the Gaza coast, has remained undeveloped due to political disputes and conflict with Israel, as well as economic factors.
Iraq Invites Foreign Bids for 11 Natural Gas Blocks to Reduce Reliance on Iranian Imports
Iraq on Sunday invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks as the OPEC member seeks to produce much-needed natural gas for power stations and cut imports that weigh on the country's budget.
Senex, AGL Sign Major Australian Gas Supply Deal
The deal comes amid warnings this year from Australia's energy market operator of long-term supply gaps for gas on the country's east coast, and after gas producers said they were reluctant to invest in new supply following government interventions.
Turkey, Iraq to Discuss Resuming Oil Exports Through Iraq-Turkey Pipeline
Turkey halted Iraq’s 450,000 bpd of northern exports through the Iraq-Turkey pipeline on March 25 after an arbitration ruling by the International Chamber of Commerce.
EIA: US Crude Inventories Post Surprise Large Build, Fuel Stocks Rise
U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected, the Energy Information Administration (EIA) said on Wednesday.
US Hopes to Buy 12 Million Barrels of Oil for Reserve This Year
The Biden administration hopes to buy back at least 12 million barrels of oil for the Strategic Petroleum Reserve this year, including six million already announced, a source familiar with the matter said on Tuesday.
DNV Grants Safety Certification to Project Greensand's CO2 Storage in the North Sea
(P&GJ) — The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change. The safety verification covers everything from the fabrication by the individual subcontractors to the actual offshore installation.
TotalEnergies Buys $219 Million Stake in LNG Developer NextDecade
TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 million, the French group said on Wednesday, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.
OMV Petrom Makes Largest Crude Oil Discovery in Decades
The deposits are the largest crude oil discovery OMV Petrom has made in decades, it said, and were found in southern Romania holding over 30 million barrels of oil equivalent of recoverable resources.
New Water Permit Brings 303-Mile Mountain Valley Gas Pipeline Closer to 2023 Completion
Analysts at Height Capital Markets, an investment banking and research firm, said language supporting Mountain Valley in the recently approved U.S. Fiscal Responsibility Act and issuance of the West Virginia permit "significantly raises the probability of a 2023 placed-in-service date" for the project.
Pakistan Seeks Spot LNG Cargoes, Inks Supply Deal with Azerbaijan
Pakistan has issued two tenders seeking spot LNG cargoes for the first time in nearly a year on Tuesday while also announcing a deal that will see Azerbaijan provide the country with one LNG cargo per month.
Beijing Gas to Start Regasification Terminal in October, Secures Term Contracts
The new terminal, located in Tianjin and connected with the Chinese capital Beijing via a 300-km (186-mile) pipeline, can handle 5 million tonnes of LNG annually.
Russia's Novatek Has Developed Its Own LNG-Producing Technology
Russian company Novatek said on Tuesday it has developed its own technology to produce large-scale volumes of LNG, a key step in boosting LNG production and raising Russia's global share in the fuel market.
Enbridge Sells Inactive North Dakota Oil Pipeline to MHA Nation for Reservation's Oil Transportation
(P&GJ) — In order to assist in bringing oil from wells on its reservation to the general market, a Native American tribe in North Dakota purchased an empty pipeline from Canadian pipeline operator Enbridge.
First Discounted Russian Crude Oil Cargo Arrives in Karachi
Pakistan's Prime Minister Shehbaz Sharif on Sunday said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi.
EIA: US Oil Output to Rise to Record High in July But Growth Narrowing
Crude output in the Permian Basin in Texas and New Mexico, the biggest U.S. shale oil basin, is expected to rise by 1,000 bpd to a record-high 5.76 million bpd. That would be the smallest monthly increase for the region since February.
Focus: Rich US Subsidies May Hobble Canada's Clean-Fuel Efforts
Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada $7.5 billion of investment and undermine Prime Minister Justin Trudeau's efforts to build a greener economy.
TC Energy Shuts Two Compressor Stations on NGTL Due to Alberta Wildfires
TC Energy said it completed the shutdown of two compressor stations on the NOVA Gas Transmission Ltd. (NGTL) System and a gas storage facility on Saturday that were near wildfires in Edson, Alberta.
NET Power, Rice Acquisition Merge to Accelerate Clean Natural Gas Power Generation
(P&GJ) — Occidental's president and CEO, Vicki Hollub, expressed confidence in NET Power's transformative technology, stating that it aligns with Occidental's net-zero ambitions by delivering nearly emissions-free power to their Permian Basin operations and upcoming direct air capture sites.
- 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
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- 208-Mile Mississippi-to-Alabama Gas Pipeline Moves Into FERC Review
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- 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
