Regions
Germany Secures Deal with Uniper, RWE for Floating LNG Terminals
Germany signed a memorandum of understanding on Tuesday with the country's top gas importers to safeguard the supply of two floating LNG gas terminals it needs to reduce reliance on Russian energy.
Spotlight on Mexico: Construction Begins on Tequila Valley Gas Pipeline
(P&GJ) — Mexican’s Corporación CH4 S.A. will carry out the construction of the Camino Real de Tequila Gas Distribution System to distribute high- pressure natural gas to the industrial zone in Tequila.
Oil Industry Ready to Tap $430 Billion Climate Fund for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.
EIA: Permian Oil Output Forecast to Hit Record High in September
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bbl/d) to a record 5.408 million bbl/d in September, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday.
Norway's July Natural Gas Exports Hit Record High as Demand, Prices Soar
Norwegian natural gas exports hit a record high of $13.26 billion in July as prices and demand in Europe surged amid disruption of Russian supplies, official data showed on Monday.
Gazprom Boosts Gas Flows to Hungary Via Turkstream Pipeline
Russia's Gazprom has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday.
Kazakhstan Plans to Sell Crude Oil Via Azeri Pipeline to Bypass Russia
Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, three sources familiar with the matter said.
New Gas Pipeline Linking Spain to France Could Be Operational in Nine Months
A potential new gas connection between Spain and France could be ready to operate in less than a year's time, Spanish Energy Minister Teresa Ribera said on Friday, if France and other European countries agreed on the project.
Uniper Open to Trade Australian LNG for US Gas to Supply Europe Quicker
Germany's Uniper is prepared to swap LNG it gets from Australia's Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.
German Chancellor Pushes for New European Gas Pipeline
German Chancellor Olaf Scholz on Thursday pushed for the construction of a pipeline from Portugal through Spain and France to central Europe to wean Europe from Russian energy dependence.
Australia's Santos Buys Underground Gas Pipeline to Offset Supply Crunch
Australia's Santos Ltd. said on Thursday it had bought a company that owns an approved underground pipeline route and would work with infrastructure developers to build the planned 883-km (550-mile) pipeline, which was approved to run from the Wallumbilla gas supply hub in Queensland to New South Wales.
Oil Falls as Druzhba Pipeline Resumes Flows, US Stocks Build
Oil prices fell on Wednesday as flows on the Russia-to-Europe Druzhba pipeline resumed and after U.S. crude stocks rose far more than anticipated.
Saipem Enters Negotiations to End Arctic LNG 2 Project Contracts
Saipem is in talks to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek, the Italian energy services group said in its interim financial statement.
Eni Acquires Floating Liquefaction Facility to Produce LNG in Congo Republic
Energy group Eni said on Friday it had acquired Tango FLNG to produce and export LNG from the Republic of Congo, as Italy rushes to find alternative supplies to Russian gas.
Enterprise to Build Two Natural Gas Plants, Expand Shin Oak Pipeline System in Permian
Enterprise Products Partners LP has unveiled plans to build two natural gas processing plants and expand the Shin Oak natural gas liquid pipeline system in the Permian Basin to further support ongoing production growth in the basin.
Sunbridge Energy Services Launches Natural Gas Compression Station in Permian Basin
Helping to meet Permian operators’ emission reduction goals, the company’s natural gas compression station will come online on Aug. 31 in the North Midland Basin with a capacity of 50 million cubic feet per day.
Exxon Mobil Awards TechnipFMC Contract for Gas to Energy Project in Guyana
TechnipFMC has been awarded a contract by an Exxon Mobil affiliate to provide engineering, procurement, construction and installation of subsea risers and pipelines for its gas-to-energy project in Guyana.
Energy Group MPLX Boosts Pipeline Throughput by 6% in Second Quarter
U.S. midstream oil and natural gas company MPLX LP said Tuesday it had increased total pipeline throughputs by 6% in the second quarter of 2022 and terminal throughput by 4%, compared with year-ago levels.
Magellan's Permian-Houston Crude Pipelines Volumes Drop
Volumes on Magellan's 450-mile (724-km) Longhorn crude oil pipeline from West Texas to Houston averaged about 200,000 barrels per day (bbl/d) in the three months ended June 30 compared with 260,000 bbl/d in the same period last year.
Sakhalin Energy Asks LNG Buyers to Pay Via Moscow Bank
Russia's Sakhalin Energy Investment Co. has asked its LNG customers to pay for supplies via a Moscow unit of a European bank, a source familiar with the matter told Reuters on Friday.
Italy's Eni Expects to Replace Russian Gas by 2025
Italian energy group Eni believes it will be able to completely replace Russian gas imports by 2025 as uncertainty over Moscow's energy supplies to Europe forces countries to seek alternative sources.
Enbridge Set to Invest $1.5 Billion in Pacific Energy's Woodfibre LNG Project
Canada's Enbridge Inc. said on Friday it will invest $1.5 billion in the joint construction and operation of the Woodfibre LNG project and also said it will spend an additional $2.1 billion on new projects, including expansions of its British Columbia and Texas gas pipeline systems.
CapturePoint Submits Proposal to Build Carbon Capture Facility in Louisiana
Privately-backed CapturePoint LLC has applied to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette, according to a filing with the Environmental Protection Agency.
TC Energy Hikes 416-Mile Gas Pipeline Cost 70% to Nearly $9 Billion
TC Energy Corp. said it expects its Coastal GasLink pipeline project to cost $8.72 billion, nearly 70% higher than initially budgeted. First announced in 2018, the 416-mile pipeline is being built to transport natural gas across Canada.
Algeria, Niger and Nigeria Sign Deal for $13 Billion Saharan Gas Pipeline
Algeria, Nigeria and Niger have signed a memorandum of understanding to build a natural gas pipeline across the Sahara Desert, Algeria's energy minister said on Thursday.
PetroChad Makes First Oil Export to Chad-Cameroon Pipeline
Following the recent acquisition of PetroChad Mangara by Perenco, PCM announced the successful export of its first barrel to the Chad-Cameroon pipeline, within a month of being under new ownership.
PM Sanchez: Spain Has Capacity to Become Gas Hub in Europe
Spain has the capacity to become a gas hub for Europe to help support regional efforts to curb dependence on Russian gas, Spanish Prime Minister Pedro Sanchez told a news conference with his Polish counterpart on Wednesday.
Howard Energy to Expand South Texas Natural Gas Transportation System
Through a combination of ongoing enhancements to existing systems and new greenfield pipelines, Howard Energy Partners plans to nearly double throughput capacity to a total of up to 2 Bcf/d from the Austin Chalk and Eagle Ford shale plays in and around Webb County, Texas.
Ukraine Says Gazprom Spiked Gas Pipeline Pressure Without Prior Notice
Russian gas giant Gazprom has sharply increased pressure in the Urengoy-Pomary-Uzhgorod pipeline that delivers Russian gas to Europe without prior notice, the Ukrainian state pipeline operator company said on Tuesday.
Sources: ConocoPhillips Eyes Gulf of Mexico Exit to Strengthen Permian Position
ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of Mexico in what would mark its exit from deepwater energy production off the U.S. Gulf coast, sources told Reuters on Wednesday.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- US Poised to Become Net Exporter of Crude Oil in 2023
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
