Regions

Israel, Lebanon Set Maritime Boundaries on Path to Offshore Production

Lebanon and Israel have finalized a U.S.-brokered deal that sets maritime boundaries for the first time, clearing a path for more offshore gas production and infrastructure development in the Eastern Mediterranean.

Nord Stream Operator Surveys Pipeline Blast Site

Nord Stream AG, the operator of the leaking Nord Stream 1 gas pipeline, has sent a chartered ship to waters off the coast of Sweden to survey the damage for the first time, the company said on Thursday.

Denmark's Orsted Signs Deal for Norwegian Gas via Baltic Pipe

Orsted AS has signed a supply deal for Norwegian gas from Equinor to be delivered via the newly constructed Baltic Pipe, cushioning the impact of Russian gas cuts on Danish energy markets.

Trinidad Plans LNG Hub to Help Caribbean Wean Off Oil

Trinidad and Tobago's state-owned gas company has started work on designing a small-scale LNG hub that could help the Caribbean move away from oil-based power generation

Europe's Natural Gas Demand Falls on Industrial Cutbacks

Europe slashed its natural gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were unevenly spread between countries.

Serbia's New Government Makes Energy Infrastructure Top Priority

The Serbian parliament appointed a new government on Wednesday whose main priorities are EU membership and investment in oil and gas pipelines and other energy infrastructure.

Factbox: Why European Gas Prices Have Been Falling

Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.

LNG Ships Wait off Spain's Coast as Higher Prices Eyed

Several ships carrying LNG anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.

EU Energy Chief Says Gas Price Cap Possible This Winter

The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc's energy chief said on Wednesday.

U.S. Gas Production Hits Record High, Storage Still Trails

U.S. natural gas production reached a record high in September, but gas inventories remained below average despite 20% higher stock builds during the month, according to government reports.

Indonesia Expects New Gas Supply Deal with Singapore

Indonesia expects to sign a new long-term contract next week to supply Singapore with piped natural gas via the Grissik-Batam-Singapore Pipeline, its energy minister said.

Serbia Plans Nearly $12 Billion in Pipeline, Energy Projects

Serbia's new government plans to invest 12 billion euros ($11.83 billion) in energy projects, including oil and gas pipelines and increased power production capacity, prime minister designate Ana Brnabic told parliament on Tuesday.

U.S. Natgas Gains 5% on Technical Move, LNG Export Forecast

U.S. natural gas futures jumped about 5% after sliding to a fresh seven-month low earlier in the session on a technical rebound and expectations demand would rise as LNG exports increase once export plants exit maintenance outages in coming weeks.

China's Oil Imports Fall as Pipeline Gas, LNG Rebound

China's crude oil imports in September were 2% below their level a year earlier as independent refiners curbed throughput amid thin margins and lackluster demand, but natural gas imports bounced back.

How Germany is Replacing Russian Gas

Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows from Russia since its invasion of Ukraine.

Analysis-Pipeline Blasts Leave Nord Stream in Insurance Limbo

With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars in potential claims.

Mozambique to Ship First Batch of LNG Exports to Europe by Early November

Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region.

Spain: Barcelona-Marseille Pipeline Could Take 4-5 Years to Build

The planned underwater pipeline connecting the ports of Barcelona and Marseille is unlikely to help ease Europe's energy crisis in the short term, with Spain saying on Friday it could take at least four to five years to become fully operational.

Exxon Selling Yellowstone Pipeline Rights, Silvertip Crude Oil Pipeline for $310 Million

Exxon Mobil Corp. on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc. for $310 million. The assets being sold off include the Silvertip Pipeline, Exxon's interest in the Yellowstone Pipeline as well as Yellowstone Energy LP and its interests in product terminals in Montana and Washington.

Italy Aims for 'Miracle' with LNG Project in Energy Crunch

Italy is invoking the need for energy security in the face of Russian supply cuts to rush through in a matter of months a new LNG terminal – a process that would normally take years due to local objections and permitting.

France, Spain and Portugal Agree to Build Barcelona-Marseille Gas Pipeline

Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed.

Dozens of LNG-Laden Ships Queue Off Europe's Coasts Unable to Unload

Dozens of ships carrying LNG circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".

TC Energy Hires Contractor to Lay 715-km Stretch of $4.5 Billion Offshore Gas Pipeline

(P&GJ) — TC Energy has hired Swiss-based contractor Allseas to install the 715-km (444-mile) offshore segment of the Southeast Gateway Pipeline in the Gulf of Mexico. The $4.5 billion Southeast Gateway Pipeline is the first significant gas infrastructure project to result from a strategic partnership between TC Energy and Mexico's state-owned utility Comisión Federal de Electricidad.

Enbridge Agrees to Pay $11 Million on Line 3 Pipeline Penalties

Enbridge Inc. said on Monday it has reached an agreement on penalties over its Line 3 oil pipeline replacement project and that it will pay $11 million to various Minnesota regulators and the Fond du Lac Band of Lake Superior Chippewa.

Gulf Coast Midstream Launches Open Season for Natural Gas Storage Services at Freeport Hub

(P&GJ) — The Freeport Energy Storage & Sequestration Hub is strategically located for providing high deliverability, multiple inventory cycle gas storage services to the Texas Gulf Coast intrastate market, with potential connectivity to as many as 11 intrastate pipeline segments.

QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe

QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.

China Halts LNG Sales to Foreign Buyers to Ensure Own Supply

China has asked its state-owned gas importers to stop reselling LNG to buyers in Europe and Asia as it seeks to ensure its own supply for the winter season, Bloomberg News reported on Monday.

Gazprom CEO: Big Part of Nord Stream May Need to Be Replaced

Gazprom CEO Alexei Miller told Russia's State TV Channel One late on Thursday that a big section of the damaged Nord Stream pipelines might need to be replaced, while Russia plans boosting gas exports via the Black Sea and Turkey.

Novak: Russia Needs Permission for Its Ships to Probe Nord Stream Ruptures

Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday.

US Natural Gas Pipeline Exports to Mexico Reach Record High

(P&GJ) — Natural gas pipeline exports from West Texas to Mexico averaged 1.6 Bcf/d (45 MMcm/d) during May 2022 – the most pipeline exports from West Texas on record, U.S. Energy Information Administration (EIA) data showed.