Regions
Report: High Rates of Methane Spewing from Permian Oilfield Operations
Methane continues to escape at a high rate from oil and gas operations in the Permian Basin, according to an aerial survey released Tuesday.
Ecuador Declares Force Majeure for Oil Exports, Output Due to Erosion
Ecuador's government declared force majeure over its oil exports and production contracts after ongoing erosion in its Amazon region forced a halt to pumping on two pipelines.
Plains All-American Hoping to Replace Ruptured Oil Pipeline in California
Plains All American Pipeline is applying for a replacement pipeline project in California, showing the state still has potential to host fossil fuel infrastructure even as it takes significant measures to curb climate change.
Europe Facing Record Low Gas Storage by Winter's End
Europe's gas storage levels could hit record lows by the end of the winter heating season due to an early cold spell and muted Russian flows, data showed.
Permian Oil Output Forecast to Hit Record High in January -EIA
Output from the Permian is closely watched by the global oil market because it has pipeline access to export hubs in Houston.
Nigeria's State Oil Firm Posts $346 Million Trading Surplus in June
NNPC's report said in June 47 pipeline points were vandalized compared to 64 in May, with the Port Harcourt area and Mosimi accounting for 94% of the vandalism.
Lukashenko Reiterates Warning on Gas Transit Blockade to Europe
Belarus' leader Alexander Lukashenko has again warned that Minsk could suspend the transit of natural gas across its territory to Europe.
Nord Stream 2 Gas Unlikely to Flow if Russia Renews Ukraine Aggression, US Says
Gas is unlikely to flow through the Nord Stream 2 pipeline if Russia renews its aggression against Ukraine, U.S. Secretary of State Antony Blinken said.
EU Tells Russia Aggression Against Ukraine Would "Come at a Price"
The head of the European Commission declined to say outright if such a move by Moscow would trigger EU sanctions against the Russian gas pipeline Nord Stream 2.
Belarus Oil Firm Cancels 2022 Druzhba Pipeline Exports to Germany After EU Sanctions
Belarusian oil company Belorusneft has cancelled its 2022 export plans to Germany via the Druzhba pipeline following new European Union sanctions on the company.
EIA Forecasts US Natural Gas Production Will Increase in 2022
If realized, the December 2022 forecast production level will exceed the previous record of 97.2 Bcf/d, which was set in November 2019.
Canadian Oil Output to Peak 7 Years Sooner Than Previously Forecast
Oil output in Canada, the world's fourth-largest producer, will climb over the next decade and peak at 5.8 million barrels per day in 2032.
ConocoPhillips Offloads Indonesia Assets in Asia-Pacific Revamp
ConocoPhillips will quit Indonesia, selling its assets there for $1.355 billion to domestic energy company Medco Energi Internasional, and beef up in Australia as it continues to reshape.
Pipeline Blast Reported at Iran Gas Refinery, No Casualties
A gas condensate pipeline at a gas refinery in southwestern Iran exploded on Thursday after being hit by an excavator, Iranian news agencies reported.
Polish PM Tells Germany's Scholz Not to 'Give in' Over Nord Stream 2
Poland's prime minister said he would call on Germany's newly appointed Chancellor Olaf Scholz to oppose the start-up of Nord Stream 2.
Carbon+Intel: Enterprise Products Could Repurpose Pipelines for Carbon Projects
Pipeline operator Enterprise Products Partners could repurpose some of its vast U.S. network of energy pipelines for carbon capture and sequestration projects, co-Chief Executive Jim Teague said.
Permian Shale Producers Warn of Natural Gas Takeaway Constraints
U.S. oil and gas producers Diamondback Energy and ConocoPhillips said the top U.S. shale field will face natural gas pipeline constraints as production grows and companies strive to reduce flaring.
US Has 'Understanding' With Germany to Shut Nord Stream 2 Pipeline if Russia Invades Ukraine
United States officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.
Spain's October Natural Gas Imports Rise 40.6% from October 2020
Spain imported 40.4 GWh of natural gas in October, 40.6% more than during the same month last year, data from Cores, an independent arm of the Energy and Environment Ministry that monitors energy supplies, showed.
Global Oil CEOs Stress Continuing Need for Fossil Fuels at World Petroleum Congress
More than 5,000 participants from over 70 countries have gathered to attend the World Petroleum Congress this week, where top executives from energy companies are affirming the need for more oil for decades to come.
Enbridge Raises Dividend, Plans Share Buybacks as Profit Set to Rise
Enbridge Inc. on Tuesday raised its dividend and announced plans to buy back shares, as the Canadian pipeline operator forecast higher core earnings in 2022 on rising demand for oil and gas.
DIMP-Related Pipe Replacement Work Continues in Full Force US
While the amount of work to replace cast-iron and bare-steel pipe has declined in volume since the implementation of the Gas Distribution Integrity Management Program in 2009, there is still plenty of construction left to be done.
Energy Transfer Completes Acquisition of Enable Midstream
Energy Transfer now owns and operates more than 114,000 miles of pipelines and related assets in all of the major U.S. producing regions and markets across 41 states.
MVP Expands Pipeline Holdings into Midland Basin
MVP Holdings acquired Echo Canyon Pipeline Holdings and its subsidiaries to substantially expand its crude business in the highly active southern Midland basin of West Texas.
Philippines' Malampaya Gas Project Can be Extended for Several Years -Udenna President
The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp. said.
Texas Cuts $9,000 Power Price Cap After February Freeze
The Public Utility Commission of Texas adopted a proposal to cut the wholesale electricity price cap from $9,000 per megawatt hour to $5,000 to help avoid price spikes like those seen during last winter's February freeze.
Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.
Venture Global to Spend Over $10 Billion on Fourth Louisiana LNG Plant
The proposed CP2 facility will be located adjacent to its Calcasieu Pass LNG export plant, which is under construction and could produce first LNG in test mode later this year.
Asian LNG Prices Fall as Import Demand from China Muted
Asia LNG prices fell this week as spot demand from China remained muted despite the start of winter and as natural gas supplies from Russia continued to flow steadily to Germany.
Egypt's LNG Exports at Full Capacity After Gas Price Surge
Egypt's natural gas exports are at full capacity of about 1.6 Bcf/d from its two natural gas liquefaction terminals as it seeks to benefit from a surge in international gas prices, Petroleum Minister Tarek El Molla said.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- 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
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
