Natural Gas

Italy's Saipem Wins Two Contracts with Eni, BP Worth $700 Million

Italian energy services group Saipem on Thursday said it was awarded two new contracts by Eni's Eni Congo and BP, worth a total of around $700 million.

Top US Shale Firms Slightly Raise Oil Output, Struggle for Significant Growth

Favoring earnings over higher production has helped U.S. companies deliver strong profits with modest volume increases. The OPEC producer group's cuts have helped keep prices above $70 a barrel for most of the year.

Vision RNG, Meridian Waste Launch Landfill Gas to Renewable Natural Gas Project in Missouri

(P&GJ) — Vision RNG has announced that its Landfill Gas to Renewable Natural Gas (RNG) project at Meridian Waste’s Eagle Ridge Landfill in Bowling Green, Missouri is now fully operational.

Dana Gas Receives $80 Million from Iraq's Kurdistan Region

United Arab Emirates energy firm Dana Gas said on Wednesday it had received $80 million from the Kurdistan Regional Government (KRG) in Iraq, which for over a decade has sometimes struggled to make payments on time.

ADNOC Gas Awards $3.6 Billion Contract to Expand UAE Gas Processing

State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said on Wednesday it awarded a $3.6 billion contract to expand its gas processing infrastructure in the United Arab Emirates.

Challenges to Biden's Carbon Plan Emerge from U.S. Power Sector

Edison Electric Institute has asked the U.S. Environmental Protection Agency for revisions of the proposed power plant standards, which hinge on the widespread commercial availability of carbon capture and storage and low-emissions green hydrogen, adding the agency's vision was "not legally or technically sound."

Energy Transfer Reports Lower Q2 Earnings, Weighed by Natural Gas Prices

Last week, U.S. midstream company Energy Transfer reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago.

Williams and Chattanooga Gas Partner to Deliver Certified Low-Emission NextGen Gas

(P&GJ) — Williams has entered into an agreement with Chattanooga Gas, a subsidiary of Southern Company Gas, to provide certified, low-emissions NextGen Gas over a three-year period.

Sypris Wins Award for Venture Global's CP2 LNG Terminal and Express Gas Pipeline

(P&GJ) — Sypris Technologies Inc. has won an award for specialty high-pressure closures for use in the Venture Global CP2 LNG export terminal and the Venture Global CP Express natural gas pipeline project.

EIA: U.S. Natural Gas Exports to Mexico Hit Monthly Record in June

U.S. natural gas pipeline exports to Mexico averaged around a record of 6.8 Bcf/d in June, driven by hot weather, which increased demand in Mexico's electric power sector, the Energy Information Administration (EIA) said on Thursday.

Canada Guarantees Up to $2.2 Billion in Fresh Loans to Trans Mountain Expansion Project

A Canadian government agency has guaranteed fresh commercial loans of up to $2.2 billion to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.

Pipeline Operator Williams Companies Beats Q2 Profit Estimates on Higher Natural Gas Volumes

Williams Companies, a pipeline operator, exceeded second-quarter profit estimates driven by increased natural gas transportation volumes and benefits from certain acquisitions.

Venezuela Appoints New Gas Vice President at State Company PDVSA

Venezuela has appointed a new vice president at PDVSA who will lead the state company's gas operations, a key move as the South American country negotiates licenses with foreign companies to develop its mostly untapped natural gas reserves.

Chesapeake Energy Profit Slides on Lower Natural Gas Prices

Chesapeake Energy on Tuesday posted a fall in second-quarter profit due to lower natural gas prices and production.

Israel Energy Minister Backs More Natural Gas Exports

Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and an ongoing debate on whether the gas should be kept for domestic use.

Pipeline Operator TC Energy Plans to Complete Coastal GasLink Pipeline This Year

TC Energy's surprise plan to split the company last week accelerated a stock selloff. Still, shareholders bet the North American pipeline operator will finish the year on a higher note by completing the 670-km (416-mile) Coastal GasLink pipeline.

Criteria to Consider in Selecting Water Transfer Flow Meters

(P&GJ) — The oil and gas industry contains a complex number of flow applications, featuring a myriad of fluids and gases that challenge even the toughest of flow instrumentation. So, choosing the right flow meter for a water transfer application should be straightforward in comparison … right?

Government of Alberta Commits $50 Million to Advance Hydrogen Innovation Projects

(P&GJ) — The Government of Alberta has announced $50 million in funding to support researchers, innovations, companies and the industry to develop technologies that are critical to advancing Alberta’s hydrogen roadmap and natural gas strategy.

Equitrans to Begin Construction on Ohio Valley Connector Expansion Project

(P&GJ) — On Monday, FERC issued the Notice to Proceed, signaling Equitrans' imminent commencement of construction. The expansion project is designed to enhance deliverability on its Ohio Valley Connector pipeline, bolstering its capacity by approximately 350 MMcf/d.

Equitrans' 303-Mile Mountain Valley Pipeline on Track to Be Completed by Year-End 2023

U.S. energy company Equitrans Midstream on Tuesday said it still expects to complete the Mountain Valley natural gas pipeline by the end of the year despite being tangled in numerous court fights since construction began in 2018.

SwRI Tapping into Geothermal Energy Possibilities in Texas

(P&GJ) — Electric power generates the second-largest share of greenhouse gas emissions and includes emissions from electricity production used by end use sectors, such as industry. Nearly 80% of electricity in the U.S. comes from burning fossil fuels, mostly coal and natural gas.

Venture Global LNG's Calcasieu Pass 2 Project Gets Final U.S. Environmental Nod

Venture Global LNG's proposed Calcasieu Pass 2 project in Louisiana has received FERC's environmental approval, clearing the way for a final vote by the commission on expanding the company's natural gas liquefaction facility.

OMV Makes Austria’s Largest Natural Gas Discovery in 40 Years

(P&GJ) — OMV has announced the Wittau Tief-2a exploration well to be a confirmed new natural gas discovery – the country's largest natural gas discovery in 40 years. The OMV operated well is in Lower Austria and was drilled at a final depth of 5,000 meters after five months of operations.

TC Energy to Spin Off Oil Pipeline Business, Focus on Natural Gas

North American pipeline company TC Energy, which has been seeking to sell assets and cut debt, said on Thursday it would spin off its oil pipeline business and focus on transporting natural gas, saying the businesses would be more valuable apart.

Wintershall Dea CEO Says Exiting Russia Gets Harder by the Day

Mario Mehren, CEO of Wintershall Dea, stated that the company's exit from Russia, announced in January, is challenging due to deep ties, including a stake in the Nord Stream gas pipeline shipping gas directly from Russia to Germany.

Mitsubishi Power Delivers Hydrogen-Ready Gas Turbines to Utah Project

(P&GJ) — Mitsubishi Power Americas has delivered two M501JAC advanced-class gas turbines to the Intermountain Power Project (IPP) Renewed project in Delta, Utah. A pipeline from the ACES Delta hub will feed the IPP Renewed project with hydrogen to operate the J-Class turbines.

Supreme Court Approves Completion of 303-Mile Mountain Valley Gas Pipeline

The justices granted Mountain Valley Pipeline LLC's request to lift stays imposed by a lower court that had halted construction of a final short section of the 303-mile (488-km) natural gas pipeline. That section is a 3.5-mile (5.6-km) corridor through the federally owned Jefferson National Forest.

354-Mile Vaca Muerta Pipeline Needs Investment to Deliver Argentina's Gas Dreams, Experts Say

Argentina could export the same amount of gas it consumes — about 2 trillion cubic feet (Tcf) — annually, but that would require investments of $40 billion, Javier Iguacel, Argentina's former energy minister, said.

EQT in Deal with Energy Transfer Louisiana Lake Charles LNG Export Plant

EQT, the biggest U.S. natural gas producer, entered into an LNG agreement with U.S. energy firm Energy Transfer's proposed Lake Charles LNG export plant in Louisiana.

Maryland Cove Point LNG Feedgas Drops After TC Energy’s Gas Pipe Explodes in Virginia

The shutdown of part of Canadian energy company TC Energy's Columbia Gas Transmission Pipeline in Virginia after a fire on Tuesday has reduced the amount of gas flowing to the Cove Point LNG export plant in Maryland, the plant told customers.