Natural Gas
WBI Energy's North Dakota Natural Gas Pipeline Expansion Gets FERC Approval
(P&GJ) — For the project, WBI Energy will construct approximately 60 miles of 12-inch natural gas pipeline and ancillary facilities to Wahpeton from an existing compressor station at Mapleton, North Dakota.
Indigenous Group Files Emergency Application to Halt Santos Gas Pipeline Offshore Australia
Australia said on Tuesday it was reviewing an emergency application by an indigenous group seeking to block pipeline construction on Santos Ltd.'s $3.6-billion Barossa gas project off northern Australia.
Construction of Mongolian Part of Russian Gas Pipeline to China May Start in Early 2024
Construction of the Mongolian portion of Russia's planned new Power of Siberia-2 gas pipeline to China may start in the first quarter or first half of 2024, TASS news agency quoted Russian Deputy Prime Minister Viktoria Abramchenko as saying on Tuesday.
Finland Says Gas Pipeline Likely Broken by Ship Dragging Anchor
Damage to a Baltic Sea gas pipeline earlier this month is believed to have been caused by a ship dragging a large anchor along the seabed, but it was too early to tell if this was an accident or a deliberate act, Finnish police said on Tuesday.
Significance of API 1164 in Safeguarding Pipelines
(P&GJ) — Digital connectivity comes at a steep cost: security. Hardly a news cycle goes by without word of a cyberattack compromising sensitive data. Yet, the proverbial genie is already out of the bottle.
Pipeline-Bound RNG Production Facility Construction Kicks Off in New Jersey
(P&GJ) — South Jersey Industries, OPAL Fuels Inc., and Atlantic County Utilities Authority have announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.
Mountain Valley Pipeline Completion Pushed to First-Quarter 2024, Costs Rise to $7.2 Billion
(P&GJ) — Mountain Valley Pipeline LLC has redefined its timeline for completing the Mountain Valley Pipeline (MVP) project, now aiming for a startup in the first quarter of 2024, the company announced in a regulatory filing with the Securities and Exchange Commission on Oct. 18.
Williams’ DJ Basin Move May Signal New Investments
(P&GJ) — Early in 2023, Tulsa-based energy infrastructure giant Williams wasted no time in announcing that it had acquired MountainWest Pipelines Holding Company from Southwest Gas Holdings, in a transaction that included $1.07 billion in cash and $430 million in assumed debt, for an enterprise value of $1.5 billion.
Opinion: Chevron’s $53 Billion Deal Is a Risky Imitation of Exxon's Strategy
Chevron has decided, like Exxon Mobil, that it’s better to discover oil on the New York Stock Exchange than drilling in the ground. The $318 billion oil giant said Monday it would buy New York-based Hess for $53 billion in an all-stock deal.
Chevron to Buy Hess for $53 Billion in All-Stock Deal
Chevron agreed to buy U.S. rival Hess Corp. for $53 billion in stock in a deal that reflects top U.S. energy companies' drive for oil and gas assets in a world seeking lower-risk future fossil supplies and higher shareholder returns.
Africa Leads the Way in Rapid Expansion of Floating Gas Facilities Amid Rising European Demand
Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek to meet surging demand in Europe as quickly and cheaply as possible, analysts and energy companies told Reuters.
Russia’s Gazprom Working on Infrastructure Design for Far Eastern Gas Pipeline to China
Russian energy giant Gazprom said on Thursday that it was working on the design of infrastructure for a gas pipeline from the Sakhalin region in Russia's Far East to China.
Editor’s Notebook: ‘Peace Pipeline’ Project Appears Dead
At least for a while over the last couple of decades, the Iran-Pakistan (IP) gas pipeline was perceived by some as something that would bring at least a measure of harmony to Pakistan’s relationship with Iran. However, once again, the project has been shelved – this time apparently under U.S. pressure.
U.S. Gulf Coast Oil Patch Gets Lucky, So Far, in Busy Hurricane Season
A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.
FERC Approves TC Energy's 1,377-Mile West Coast Pipeline Expansion
(P&GJ) — Despite strong opposition from environmental activists and high-ranking officials in West Coast states, federal regulators have granted approval for the 1,377-mile (2,216-kilometer) pipeline spanning across Idaho, Washington, and Oregon.
Technip Energies Shares Plunge After Le Monde Report on Russian Gas Project
Technip Energies shares plummeted on Thursday after French newspaper Le Monde said the oil and gas company may have failed to comply with European Union sanctions against Russia by continuing to supply equipment to a Russian gas project.
Kinder Morgan's Q3 Earnings Fall Short Due to Commodity Prices and Pipeline Expenses
Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected profit for the third quarter as higher interest expenses offset strength in its natural gas and products pipeline segment.
Chesapeake Considers Acquisition of Rival Natural Gas Producer Southwestern Energy
U.S. natural gas producer Chesapeake Energy Corp. has approached Southwestern Energy, a peer valued by the stock market at $12 billion including debt, about a potential acquisition, people familiar with the matter said.
ADNOC Gas Signs LNG Supply Deal with Japan's JERA
Abu Dhabi's ADNOC Gas and Japan's JERA Global Markets signed a two-year LNG agreement valued between $500-700 million, the companies said on Wednesday.
New Gas Pipeline Stretching 808 Miles to Murmansk Confirmed by Novatek
(P&GJ) — Novatek, the Russian energy giant, has officially announced its project to construct an extensive 808-mile (1,300-km) gas pipeline reaching Murmansk, Russia. The pipeline project is expected to be able to transport 40 billion cubic meters of gas annually.
Marathon Oil Inks 5-Year LNG Deal for Alba Gas in Equatorial Guinea
(P&GJ) — Marathon Oil Corp. has entered into a five-year firm LNG sales agreement with Glencore Energy U.K. Ltd. for a portion of its equity natural gas produced from the Alba Field in Equatorial Guinea.
Petrobras, Excelerate Energy Extend 10-Year Charter for FSRU Sequoia in Brazil
(P&GJ) — Under the agreement, Excelerate will continue to deploy the Sequoia to provide regasification services in Brazil, primarily at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia.
Putin Optimistic About Progress on Power of Siberia 2 Gas Pipeline to China
Russian President Vladimir Putin told his Mongolian counterpart Ukhnaagiin Khurelsukh on Tuesday that he believed the Power of Siberia 2 pipeline project to bring Russian gas to China via Mongolia would move ahead at a "good pace."
Brazil's Ocyan to Renovate Petrobras Gas Pipeline for $317.5 Million
Brazilian oil and gas services provider Ocyan has won a contract with state-run oil firm Petrobras to revitalize a network of gas pipelines in the offshore Campos Basin for $317.49 million, Reuters reported on Monday.
Investors Rapidly Shed Oil Positions, Embrace Natural Gas Amid Market Shifts
Portfolio investors have dumped positions in petroleum at some of the fastest rates in the last decade in the most recent week as the bullish sentiment that built up after OPEC⁺ production cuts evaporated.
Kimmeridge Secures Gas Takeaway Deal with Kinder Morgan for Eagle Ford Assets
(P&GJ) — Kimmeridge signed a definitive multiyear transportation agreement with Kinder Morgan Texas Pipeline LLC (KMTP) to secure midstream takeaway for its Eagle Ford natural gas, enabling Kimmeridge to deliver natural gas across multiple LNG facilities along the Gulf Coast.
Western Midstream Closes Meritage Acquisition, Adds 1,500 Miles of Gas Pipelines
(P&GJ) — In the $885 million deal, Western Midstream successfully acquired Meritage's 1,500 miles of high- and low-pressure natural gas gathering pipelines in Wyoming's Powder River Basin.
As Oil Majors Cast Shale Nets, Texas Oilman Sheffield Made Pioneer the Prized Catch
Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale basin and plotted to make his then-$24 billion Pioneer Natural Resources the oilfield's biggest prize.
Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
The rupture occurred when an excavator operator accidentally damaged a 22-inch gas pipeline near Middleton. However, Williams contested the local authorities' account of the incident, asserting no ignition, fire, or explosion was connected to the occurrence.
U.S. Supports Finland, Estonia as It Probes Baltic Gas Pipeline Burst
U.S. Secretary of State Antony Blinken said on Thursday the United States would support Finland and Estonia as they probe damage to a gas pipeline and a telecommunications cable under the Baltic Sea.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- U.S. House Passes Bill to Reverse Biden's LNG Pause
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- Evacuation Technologies to Reduce Methane Releases During Pigging
- U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Russian LNG Unfazed By U.S. Sanctions
