Regions

Australia's Commonwealth Bank Taken to Court Over Oil and Gas Financing Policies

The case seeks documentation on projects including Santos' acquisition of the Barossa Gas Field, the Permian Highway natural gas pipeline in the United States, and Euronav NV "very large crude carriers,” the documents say.

U.S. Energy Firms Strain to Shake Off Hurricane's Toll

U.S. oil and gas companies strained to get offshore operations back up and running on Thursday as the extent of Hurricane Ida's damages became more apparent.

Ukraine Warns Europe to be Dependent on Russia for Gas Supply with Nord Stream 2

The launch of Russia's Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine's gas transit operator said.

Eni Announces Giant Oil Discovery Offshore Ivory Coast

talian energy group Eni said on Wednesday it had made a giant oil discovery in offshore Ivory Coast which could hold as much as 2 billion barrels of oil and around 2 trillion cubic feet of associated gas.

Australia Bucks Climate Trend with Plan to Subsidize Natural Gas, Coal

Australia's federal government is proposing what amounts to a subsidy to natural gas- and coal-fired power generation, in a bid to solve a problem the country's energy market operator says doesn't exist.

Colonial Pipeline Restarts as Ida Damage Assessments Face Hurdles

Colonial Pipeline restarted on Tuesday while other efforts to assess damages to energy infrastructure were slowed by widespread flooding from Hurricane Ida and power outages.

Hungarian Foreign Minister Agrees To Long-Term Gas Deal with Russia

Hungary has agreed with Russia on all the conditions for a new long-term gas supply deal to take effect from Oct. 1, Foreign Minister Peter Szijjarto said on his Facebook page on Monday.

After Ida, U.S. Pipelines Offline, Being Assessed

Oil and gas pipeline operators on Monday checked for damage after Hurricane Ida hit major energy hubs as a Category 4 storm on Sunday and caused widespread power outages.

Pemex Restores Oil Output Suspended Due to Platform Fire

Pemex said on Monday that it has resumed 421,000 bpd of oil production and brought 125 wells back online following a deadly fire at an offshore platform.

Ida's Fury Hits U.S. Oil Production, Gasoline Supplies

U.S. Gulf Coast energy companies began damage reviews at offshore production facilities and started evaluating onshore power losses after Hurricane Ida caused devastation in Louisiana and rampaged through offshore oil and gas fields.

Line 3 Pipeline Approaches Completion after Court Ruling

Enbridge's Line 3 replacement project is nearing completion after successfully defending another legal challenge last week, when the Minnesota Supreme Court decided it would not hear an appeal from opponents who sought to overturn regulatory approval.

U.S. NatGas Soars Over 7% to 32-Month High on Small Storage Build, Hot Weather

U.S. natural gas futures soared over 7% to a 32-month high on a much smaller than expected storage build during hot weather last week.

Algeria Hints at Non-Renewal of Contract for Gas Pipeline Crossing Morocco

Algeria hinted at the possibility of ending gas supplies to Morocco in October, two days after cutting diplomatic ties with the Kingdom.

Pin Oak Commissions Taft 20” Pipeline, Terminal Interconnections

Pin Oak Corpus Christi announced the completion of the Taft 20" Pipeline, which provides the Pin Oak Taft Terminal with interconnections to Flint Hills Resources Midway Station and Cactus II Taft Terminal.

Permian Update: America’s Oilfield Builds Back from Another Bust

Three quarters of the way through what was to be a post-pandemic year, the midstream sector of America’s biggest oilfield is slugging its way back from the bottom again.

EIG Global Energy Partners Submits Offer for Petrobras Pipelines in Brazil

U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source said.

China's LNG Import Surge to Cool in Winter as High Prices Bite

Pipeline gas will continue to ramp up to provide a supply cushion during winter, which includes supplies from Russia, which is scheduled to increase the amount of gas pumped via the Power of Siberia pipeline by 50% by the end of the year versus August levels.

German Court Says EU Rules Apply to Nord Stream 2 Pipeline

The Nord Stream 2 gas pipeline is not exempt from European Union rules that require the owners of pipelines to be different from the suppliers of the gas that flows in them to ensure fair competition, a German court ruled.

Spire Could Get More Time to Operate Missouri STL NatGas Pipeline

Spire Inc. will likely get more time to keep its STL pipeline in Missouri operating after the environmental group that won a court decision requiring the pipe shutdown asked the court for more time, according to analysts.

RWE to Pick Electrolysis Provider for Lingen Hydrogen Project in 2021

RWE aims to pick a supplier of electrolysis capacity this year for a north-west German showcase project to develop clean hydrogen for delivery in 2024, a board member at its generation division said.

Russia Says Nord Stream 2, TurkStream to Improve Europe's Energy Security

The Nord Stream 2 and TurkStream gas pipelines are designed to improve the energy security of Europe, Russian Foreign Minister Sergei Lavrov said on Tuesday.

Perspective: Demand Only One Side of LNG Price Surge, Supply Cut by Outages

That the price of spot cargoes is at the highest for this time of year since 2013 has been largely put down to robust demand from top importers such as China, and a determination among buyers to ensure natural gas stocks are adequate for the upcoming northern hemisphere winter.

Five Killed in Mexico's Oil Platform Fire, Hammering Mexico Output

Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said.

Germany Open to Suggestions on Nord Stream 2, But Won't Create Obstacles

Germany is open to suggestions about the Nord Stream 2 pipeline project but will not create obstacles to it, economy and energy minister Peter Altmaier said on Monday.

India to Monetize $81 billion of State Assets, Including Pipelines

India plans to sell 6 trillion rupees ($80.90 billion) worth of state-owned assets over the next four years under privatization plans previously announced in the 2021/2022 budget to boost public finances.

Ukraine Discussed Guarantees with US, Germany Over Nord Stream 2 Pipeline

The energy ministers of Ukraine, the United States and Germany discussed guarantees for Ukraine about its future as a transit country after the construction of Russia's Nord Stream 2 gas pipeline.

Bakken Energy, Mitsubishi to Repurpose North Dakota Gas Plant for Hydrogen Production

Bakken Energy and Mitsubishi Power Americas are establishing their positions in North America’s cleaner-energy future with a partnership agreement to create a clean hydrogen hub in North Dakota.

Russia Pledges Retaliation After New U.S. Sanctions

Moscow pledged retaliatory measures after a new set of sanctions imposed by the United States on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, Russia's foreign ministry said.

U.S. Slaps Sanctions on Nord Stream 2, Project's Opponents Say Not Enough

The Biden administration on Friday slapped sanctions on one Russian vessel and two Russian individuals involved in the Nord Stream 2 gas pipeline, but opponents of nearly-completed project said the move would do little to stop it.

Ukraine Naftogaz Says Nord Stream 2 Cannot Succeed

Russia's Nord Stream 2 gas pipeline is a political project that breaches European Union regulations, cannot work commercially and should be stopped, the head of Ukraine's state energy firm Naftogaz told Reuters.

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