Natural Gas

U.S. LNG Cargoes Heading to China After Beijing Awards Tax Waivers

For the first time in over a year, cargoes of U.S. LNG are heading to China after the government began awarding tax waivers to some importers.

U.S. Will Become Net Importer of Petroleum Products by End of 2020 — EIA

The U.S. EIA predicts the country will become a net importer of oil and gas products by the third quarter of 2020.

Sonatrach Fills Algerian GR7 Gas Pipeline

Algerian oil and gas company SONATRACH has successfully filled its GR7 gas pipeline.

INEOS to Postpone Forties Pipeline System Shutdown

UK pipeline operator INEOS is delaying the planned shutdown of it's Forties Pipeline System.

North Dakota Regulators Approve ONEOK Pipeline

State regulators in North Dakota have approved a proposed pipeline expansion project from ONEOK.

Black Bear Transmission Acquires Ozark Natural Gas Transmission Business from Enbridge

Black Bear Transmission has acquired Enbridge's Ozark gas transmission businesses.

Cheniere Applies to Begin Service on Midship Pipeline

Cheniere has applied to the U.S. FERC to begin service on its Midship natural gas pipeline.

AGA Chair Diane Leopold Brings Positive Outlook to Challenging Period for Industry

Diane Leopold became chair of the American Gas Association just in time for an unprecedented economic shutdown in response to the coronavirus pandemic. The executive vice president and co-chief operating officer of Dominion Energy, talked to P&GJ about the challenges and opportunities facing the natural gas industry.

Poland's PGNiG Wins $1.5 Billion in Court Battle with Gazprom

Polish gas distributor PGNiG has won a $1.5 billion settlement with Russia's Gazprom.

U.S. LNG Storage to Hit Record as Pandemic Cuts Demand, Exports

Stockpiles of natural gas in the U.S. are expected to reach record levels this year as producers continue to flood the market with supply as demand plunges in the wake of the coronavirus pandemic.

Gazprom Workers Leave Hospital After Negative Coronavirus Tests

Twenty Gazprom workers, who were airlifted to a hospital following a coronavirus scare last week, have been discharged after the tests came back negative, a Gazprom spokesman said on Monday.

PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand

PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.

China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources

China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.

UAE's SNOC Gas Project Startup Delayed

UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.

Pipeline Shares Sink on Oil Decline, Coronavirus Impact

It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks.

Greece Receives 9 Bids for Stake in Gas Supplier

Greece has received nine non-binding bids for the sale of a 65% stake in DEPA, its dominant gas supplier.

BlackRock Withdraws Bid for ADNOC Gas Pipeline Assets — Sources

Sources report that investment firm BlackRock has dropped out of the bidding for ADNOC's gas pipeline assets.

Italy's Snam Takes Steps to Guarantee Gas Flows During Coronavirus Outbreak

Italian gas grid operator Snam has put in place emergency measures to ensure it can keep gas flowing during the coronavirus outbreak.

Superior Pipeline Secures Large Stack Play Acreage Dedication

Superior Pipeline has entered into a long-term gas gathering and processing agreement with a producer in the STACK play.

U.S. Oil and Gas Industry Sees no Supply Chain Threat from Coronavirus — API

The American Petroleum Institute says the U.S. oil and gas supply chain should not be majorly impacted by the coronavirus pandemic.

ONEOK Suspends Expansion Projects Amid Oil Price Collapse

ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.

TC Energy Signs Letter of Intent to Acquire Pioneer Pipeline

TC Energy announced that its wholly owned subsidiary, NOVA Gas Transmission Ltd., has executed an exclusive letter of intent with Tidewater Midstream and Infrastructure Inc. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.

Marathon Petroleum Explores $15 billion MPLX Asset Sale — Sources

Marathon Petroleum Co, the largest U.S. independent refiner, is exploring the sale of assets of its pipeline subsidiary MPLX LP worth as much as $15 billion, people familiar with the matter said on Wednesday.

Kazakhstan Decreases Gas Supplies to China

Kazakhstan has reduced natural gas supplies to China by 20-25%, Energy Minister Nurlan Nogayev said on Wednesday, after importer PetroChina issued a force majeure notice to suppliers this month.

U.S. Gas Jumps Almost 9% With Oil Price Gain, Hopes of Shale Output Cuts

U.S. natural gas futures soared almost 9% on Tuesday, following a 10% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt U.S. drillers to cut back on oil and gas production in shale basins.

INGAA Chairman ‘Bullish’ on Natural Gas Pipeline Activity for 2020

Longtime industry veteran Stanley “Stan” G. Chapman, III has been selected by the Board of Directors of INGAA to serve as the organization’s chairman.

U.S. Gas Prices Turn Positive After Falling to Lowest in Decades

U.S. natural gas futures turned positive by midday Monday after earlier dropping to their lowest in over 21 years as they followed a collapse in oil prices.

Brazil's Petrobras to Begin Sales Process for NTS Pipeline Stake: Executive

Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s director of gas and refining.

Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin

Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.

Pipeline Upgrades to Increase Natural Gas Flows into New England — EIA

Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region over the next several years, according to data from the U.S. Energy Information Administration (EIA).