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EIA: US Shale Production Set to Rise to Highest on Record in June

U.S. oil output from the seven biggest shale basins is due to rise in June to the highest on record, data from the Energy Information Administration showed on Monday. Oil output is set to rise by 41,000 barrels per day (bpd) to 9.33 million bpd, the EIA said.

Philippines' Marcos Signs 15-Year Malampaya Gas Contract Renewal

Philippine President Ferdinand Marcos Jr. on Monday signed an agreement extending the production contract for the country's Malampaya natural gas block by 15 years and allowing the operator to drill new wells as it seeks to boost output.

Cyprus Says It's in Talks with Israel Over Pipeline Linking Gas Fields

Plans for a 2,000-km (1,243 mile) pipeline to take eastern Mediterranean gas to Europe have been under discussion for about a decade, and the project could potentially be part-funded by the European Union.

Edison to Decide on Mediterranean Gas Pipeline this Year

The EastMed-Poseidon pipeline would connect several gas fields offshore Israel to Italy and could be in service by 2027. The pipeline would likely have a capacity of 353 Bcf (10 Bcm) annually.

Analysts: US Permit Crackdown Poses New Hurdles for Proposed LNG Projects

The U.S. Department of Energy's refusal to grant export permit extensions to LNG developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.

Argentina Seeking New Vaca Muerta Pipeline Work to Move Local Gas Supply

Argentina's government will next week call for bids to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta production to the north and center of the country, Economy Minister Sergio Massa said on Friday.

Pipeline Operator TC Energy Finishes Recovering Oil from Kansas Creek in Keystone Spill

TC Energy Corp. finished recovering oil from a rural Kansas creek where its Keystone Pipeline spilled 14,000 barrels of oil in December, the company said on Friday.

Tight Market for Sour Crude Oil to Squeeze US Gulf Coast Refiners

The oil-producing group's 500,000 barrel per day cut will reduce stocks of sour crudes as U.S. oil refiners ramp up purchases for summer driving season.

Saudi Arabia and Netherlands Agree to Collaborate on Green Energy

Saudi Arabia and the Netherlands on Thursday signed a memorandum of understanding to collaborate on the development of green energy and hydrogen.

Record US Crude Exports, Rising Shale Output Boosts Oil Flow to Houston

Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the space on lines to the main south Texas export hub in Corpus Christi.

Biden's EPA Proposes Crackdown on Power Plant Carbon Emissions

The Biden administration on Thursday unveiled a sweeping plan to slash greenhouse gas emissions from the U.S. power industry, one of the biggest steps so far in its effort to decarbonize the economy to fight climate change.

Iraq Asks Turkey to Resume Northern Oil Export Pipeline

Iraq has sent an official request to Turkey to restart oil export flows through a pipeline that runs from the semi-autonomous Kurdistan Region in northern Iraq to the Turkish port of Ceyhan.

Regulator: Nigeria's April Oil Production Below 1 MMbpd

Oil / Africa / E&P

Nigeria's oil production fell below 1 million barrels per day (bpd) in April, its lowest level in seven months, data from the petroleum regulator showed on Thursday, after a strike at Exxon Mobil's local units hit the country's output.

Sources: GAIL Plans $4.9 Billion Ethane Cracker in West India

GAIL (India) Ltd., the country's top gas supplier, plans to build a 400-billion rupee ($4.89 billion) ethane cracker near its LNG import plant in Western India, two sources with direct knowledge of the matter said, as it seeks to meet an expected surge in demand.

White House Backs Manchin on Expediting Energy Project Permits, Calls on Congress to Pass Bill

The White House on Wednesday called on Congress to pass permitting legislation that would help speed up clean energy and fossil fuel projects, betting that the bipartisan measure may help end a standoff on the debt ceiling. The bill also calls for the completion of the $6.6 billion Mountain Valley Pipeline.

Russia's Transneft Says Druzhba Pipeline 'Attacked' Near Ukraine Border

Russia's oil pipeline operator Transneft said on Wednesday that a filling point on the Europe-bound Druzhba pipeline in a Russian region bordering Ukraine had been attacked, the TASS news agency reported, citing the company.

Texas Waha Natural Gas Prices Turn Negative on Low Spring Demand

Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into negative territory as pipeline maintenance prevented some gas from leaving the basin and mild spring weather reduced demand for the fuel.

Congo in Discussions with Uganda Over Use of 898-Mile Crude Pipeline

Uganda is developing the $3.5 billion 1,445-km (898-mile) East African Crude Oil Pipeline (EACOP) that will start from oil fields in its Albertine rift basin on its western border with Congo to Tanzania's Indian Ocean seaport of Tanga.

DOE Selects Crescent Midstream-Supported Project to Advance Commercial-Scale CO2 Storage

(P&GJ) — The company plans to repurpose an existing 110-mile pipeline corridor it owns and operates, positioning Crescent to become one of the first full-service midstream solutions for CCS while also reducing the initiative’s carbon footprint.

EU Joint Gas Buying Scheme Attracts Demand From 65 Firms

More than 60 companies have submitted demands to buy gas through the European Union's scheme for joint purchases, with the bloc aiming for the first deals to be signed within months.

Chile, Argentina’s YPF Ink Deal to Import Oil via Trasandino Pipeline

The contract, which is valid for 45 days, would enable the Chilean firm to buy 41,000 barrels of oil per day between May and June.

Spain's Endesa Faces $411 Million Claim in LNG Contract Dispute

Spanish power utility Endesa faces a claim of $411 million as part of an arbitration process launched by a liquefied natural gas producer in March, it said on Tuesday.

Italy, Germany, Austria Sign Letter to Support Hydrogen Pipeline

Energy ministries of Italy, Germany and Austria have signed a joint letter of support for the development of a hydrogen-ready pipeline between North Africa and Europe, Italian gas grid operator Snam said on Tuesday.

Pipeline Operator Kinder Morgan Begins Commercial Operations at Renewable Fuels Logistics Hub

(P&GJ) — Kinder Morgan Inc. has announced the commercial in-service of its renewable feedstock storage and logistics hub project with Neste, a leading provider of renewable diesel and sustainable aviation fuel.

Germany, Austria, Italy Urge EU to Back Hydrogen Projects

Austria, Germany and Italy have pressed the European Union to support a cluster of infrastructure projects to transport green hydrogen imported from North Africa, as part of efforts to build a market in Europe for the low-carbon fuel.

PetroVietnam Gas Gets Country's First LNG Import-Export Approval

PetroVietnam Gas said on Monday it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.

EOG Resources May Delay Some Dorado Gas Wells in Texas Due to Low Prices

U.S. shale producer EOG Resources on Friday said it may delay some well completions in its Dorado natural gas play in Texas due to a low-price environment.

Australia Government to Change Petroleum Tax, LNG Projects to Pay More

Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by $1.6 billion over the next four fiscal years, Treasurer Jim Chalmers said on Saturday.

Equinor, Partners to Invest $9 Billion in New Gas Field Off Brazil

Gas from the offshore field will be directly injected into the national gas grid via a 200-km (124-mile) pipeline landing at the city of Macae in the state of Rio de Janeiro.

Denmark, Sweden Sign Solidarity Agreement on Gas Supply

Denmark and Sweden have signed an agreement on mutual support in case of gas shortages, the energy authorities of the two countries said on Monday.

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