Regions

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.

Just 15 Kilometers of Nord Stream 2 Pipeline to Go, Says Putin

There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.

Brazil in Talks with Argentina for Gas Pipeline from Vaca Muerta

Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair Bolsonaro said.

Equinor Halts Oil Exports from Norway Terminal Due to Demonstration

Sture is a major export facility for crude, which arrives by pipeline from several offshore fields including Equinor's Oseberg, Lundin Energy's Edvard Grieg and Aker BP's Ivar Aasen, according to Equinor's website.

Ukraine Offers Extra 15 Mcm/Day of Gas Transit Capacity for October

Ukraine is offering guaranteed extra transit capacity for Russian gas to Europe at 15 million cubic meters per day for October, the head of the country's gas pipelines operator told Reuters.

Russia Expects Nord Stream 2 to Deliver 5.6 Bcm of Gas This Year

The Nord Stream 2 pipeline, which is currently under construction, is expected to deliver 5.6 billion cubic meters of Russian natural gas to Europe this year, gas producer Gazprom said on Thursday.

German Court to Rule on Nord Stream 2 Gas Link on Aug. 25

A German regional court will decide on Aug. 25 whether European Union rules requiring the separation of energy production from transportation and trade must be applied to the Nord Stream 2 gas pipeline.

U.S. Regulator Moving to Restore Federal Oil and Gas Leasing Program

A U.S. offshore regulator on Wednesday said efforts to resume a federal oil and gas leasing program are underway following a court decision reversing the Biden administration's suspension.

New Cybersecurity Standard for Pipelines Provides Comprehensive Approach to Cyber Defense

API published its third edition of Pipeline Control Systems Cybersecurity underscoring the natural gas and oil industry’s ongoing commitment to protecting the nation’s critical infrastructure from malicious and potentially disruptive cyber-attacks.

Australia Faces ‘Precarious’ Gas Supply in 2022, Watchdog Warns

Australia's southern states could face a gas shortfall in 2022 unless LNG exporters offer more gas into the domestic market, the Australian Competition and Consumer Commission said.

Russia's Sakhalin Energy Says Maintenance Continues at LNG Train 2

Russian LNG producer Sakhalin Energy said post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.

UK Government Sets Out Strategy for a Hydrogen Economy

The British government launched a strategy to meet its goal of 5 GW of low-carbon hydrogen production by 2030 to replace natural gas in powering around three million homes, as well as industry and transport.

Oil Industry Sues Biden Administration Over Drilling Auction Pause

Major U.S. oil industry groups sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales.

New Fortress Energy to Provide Natural Gas to Unigel’s Brazilian Fertilizer Plants

The supply of gas from NFE’s Suape and Sergipe LNG terminals in Brazil’s northeast will connect Unigel’s operations to the global LNG and natural gas markets as well as significantly reduce pipeline transportation charges.

U.S. Gulf of Mexico Oil Producers Consolidation Accelerates

Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry's future.

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