Regions

Phillips 66 to Buy Pipeline Operator DCP Midstream

(P&GJ) — The public divisions of DCP Midstream will be acquired by U.S. refiner Phillips 66 in a deal that will value the pipeline operator at around $8.7 billion and expand Phillips' natural gas liquids business.

Global Pipeline Construction Outlook 2023

(P&GJ) — Seldom has a new year arrived with the degree of supply and demand uncertainty facing global energy markets at the start of 2023. Pipeline & Gas Journal's annual survey of global construction activity reflects a renewed emphasis on energy security after Russia's invasion of Ukraine.

DNV Completes Verification for 195-Mile Section of Baltic Pipeline

(P&GJ) — Energinet has received Certificates of Conformity from DNV for its offshore Baltic Pipe project section. Its part of the project comprises 105 km (65 miles) of pipeline in the North Sea and 210 km (130 miles) underground pipeline across Denmark.

US Poised to Regain Crown as World's Top LNG Exporter

The United States is on track to become the world's biggest exporter of LNG this year — ahead of current market leader Australia — once a fire-idled Texas plant is restarted, according to Reuters data.

Sources: Tokyo Gas Nears $4.6 Billion Deal to Buy US Natural Gas Producer Rockcliff

Rockcliff produces more than 1 Bcf/d of natural gas from the Haynesville shale formation, which stretches across Louisiana and East Texas. Quantum originally backed the Rockcliff management team with a $350 million investment in 2015.

Bulgaria Signs 13-Year Gas Deal with Turkey

Under the new 13-year agreement, Bulgargaz would be able to use Turkey's LNG terminals for cargo shipments, which would be transported via Botas's gas network to Bulgaria.

Targa to Buy Remaining Stake in NGL Pipeline for $1.05 Billion

Targa Resources Corp. said on Tuesday it will buy the remaining stake in its Grand Prix NGL Pipeline that it does not already own, for $1.05 billion in cash from Blackstone Inc.'s energy unit.

Kazakhstan to Raise Supply of Oil to Germany Via Druzhba Pipeline in 2023

Russian oil pipeline operator Transneft said Kazakhstan's KazTransOil had requested 1.2 million tonnes of capacity on the Druzhba pipeline for 2023 to facilitate extra oil shipments to Germany, the RIA Novosti news agency reported.

Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters

Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for LNG vessels, industry sources said on Friday.

Putin Says Russia Now One of China's Leading Oil and Gas Suppliers

Russian President Vladimir Putin said on Friday that Russia had become one of China's leading suppliers of oil and gas, with 13.8 billion cubic meters of gas shipped to China via the Power of Siberia pipeline in the first 11 months of 2022.

ONEOK Seeks FERC Approval for 155-Mile Permian-Mexico Connector Pipeline

Saguaro Connector Pipeline filed for a presidential permit application with FERC to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and Mexico border in Hudspeth County, Texas. The pipeline would consist of approximately 155 miles of 48-inch-diameter natural gas pipeline originating at the Waha Hub in Pecos County, Texas.

China Starts Up Crude Oil Pipeline Linked to Mega Private Refiner

A major crude oil pipeline connecting a storage farm in east China's Zhoushan of Zhejiang province to mega private refiner Zhejiang Petrochemical Corp. started pumping oil for the first time on Wednesday, local state media reported.

Poland Ready for Russian Oil Ban, Seeks Pipeline Sanctions

Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.

Japanese Firms Sign Multiyear Agreements to Buy LNG from Oman, US

Japanese companies inked several deals on Tuesday to receive LNG supplies, with a preliminary agreement lasting up to 10 years with Oman LNG and a 20-year deal with U.S.-based Venture Global.

Sempra Inks 15-Year LNG Supply Deal with Germany’s RWE

(P&GJ) — Sempra Infrastructure has entered a 15-year deal with RWE Supply & Trading for the supply of approximately 2.25 MTPA of LNG from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.

Russia Ready to Resume Gas Supplies to Europe Via Yamal-Europe Pipeline

Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.

Russian Pipeline Gas Exports to Europe Fall to Post-Soviet Low

Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due the invasion of Ukraine and the Nord Stream pipeline was damaged by mysterious blasts

German Companies Plan to Invest More in Africa in 2023

A poll of businesses shows German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and LNG.

Analysis: Argentina’s Vaca Muerta Shale Boom Running Out of Road

Argentina’s booming shale production in Vaca Muerta, a formation that rivals the United States’ Permian Basin, is at risk of running out of road as infrastructure to handle the oil and gas nears capacity, threatening to put the brakes on rapid growth.

Italy Court Ruling Allows Work on Tuscan LNG Terminal to Proceed

An Italian administrative court has ruled against a request for a precautionary halt on works for a new LNG terminal in the Tuscan port city of Piombino, saying it did not pose an immediate threat to public safety.

Transitus, Proteum to Produce Hydrogen in Europe Using Natural Gas from North Sea

(P&GJ) — Proteum Energy and Transitus Energy have entered into an agreement to explore joint development opportunities in the U.K., Netherlands, Republic of Ireland and Norway to produce low-carbon hydrogen by reforming natural gas resources from the North Sea.

US, Canada Natural Gas Output Could Feel Growing Pains In 2023

U.S. and Canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a lack of new LNG export plants.

Putin Oversees Launch of Siberian Gas Field Feeding Pipeline to China

The Kovykta gas field will feed into the Power of Siberia pipeline carrying Russian gas to China. With recoverable reserves of 1.8 trillion cubic meters, it is the largest in eastern Russia.

Tallgrass to Acquire 683-Mile Ruby Pipeline, Adding 1.5 Bcf/d of Gas Capacity to Portfolio

(P&GJ) — Tallgrass has announced an agreement to purchase the bankrupt Ruby Pipeline, a 680-mile, 42-inch-diameter natural gas pipeline built in partnership by Kinder Morgan and Pembina that runs from Wyoming to Oregon.

Sempra Receives US Approval to Re-export LNG from Mexico

The U.S. Energy Department on Tuesday approved permits for Sempra Energy to send U.S. natural gas to Mexico for re-export from LNG terminals, filings on its website showed. This will allow Sempra to ship natural gas via pipeline to Mexico where it will be converted to LNG and sent to global markets.

Cross-Border Pipelines Seen as More Critical to Africa’s Future

(P&GJ) — Africa’s domestic demand for both oil and gas is estimated at 75% of the region’s total production, creating opportunity for development of efficient cross-border pipeline networks to ship fuels aimed at plugging the deficit especially to landlocked countries.

Equinor to Invest $1.3 Billion to Upgrade Norway’s Hammerfest LNG Plant

Equinor and its partners in the Arctic Snoehvit gas field will invest $1.34 billion to upgrade the Hammerfest LNG plant, which processes the output, the government and companies said on Tuesday.

NextDecade Signs 20-Year LNG Supply Deal with Portugal's Galp

NextDecade Corp. said on Tuesday it will supply 1 million metric tonnes per annum (MTPA) of LNG to Portugal's Galp Trading SA for 20 years from its Rio Grande LNG export project in Brownsville, Texas.

RBC: Blast Hits Russia-Ukraine Gas Export Pipeline

A blast has ripped through the Urengoi-Pomary-Uzhhorod gas exporting pipeline, which leads from Russia through Ukraine, the RBC news outlet cited local officials as stating on Tuesday.

Gazprom: Gas Supply Continues in Full, Bypassing Damaged Pipeline

A local unit of the Russian energy giant Gazprom said on Tuesday that gas was being supplied to customers in full via parallel pipelines following damage to a section of the Urengoi-Pomary-Uzhhorod pipeline.

Search