Business & Markets

Greece, Bulgaria Hail Deal Targeting Russia Gas Dominance

Greece and Bulgaria sought to reduce their reliance on Russian gas with the signing Monday of an agreement that will allow Bulgaria to participate in a planned LNG terminal in northeastern Greece.

Kinder Morgan Says Last Unit at Georgia Elba Island LNG Plant Ready

Kinder Morgan has asked regulators for permission to put its 10th and final train at Elba Island LNG facility in Georgia into service.

Terrorists Blamed for Pipeline Blast in Syria

An explosion on a main gas pipeline traversing the Middle East caused a blackout across Syria on Monday. Government officials said it was the result of a terrorist attack.

Mexico Asks Sempra to Build Second LNG Facility in Return for Approving Permit

The Mexican government has asked Sempra Energy to build a second LNG export facility in the country in return for approving a permit to build an initial facility.

AGA: 5 Things U.S. Political Parties Must Keep in Mind When Outlining Energy Platforms

AGA President and CEO Karen Harbert outlines five energy principles that both Democrats and Republicans should consider in their national platforms before the 2020 election

Minnesota Governor Appeals Enbridge Line 3 Regulator Approval

The Governor of Minnesota has appealed utility regulators approval Enbridge's Line 3 pipeline replacement project.

Rule Allowing LNG Rail Shipments in U.S. Challenged in Court

A new PHMSA rule allowing for LNG shipments by rail, set to take effect in the coming days is being challenged by a group of environmental organizations.

TechnipFMC Awarded Subsea Contract for Petrobras Offshore Project

Petrobras has awarded TechnipFMC a large subsea infrastructure contract for the Brazilian oil company's Mero offshore project.

Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports

Exports of crude oil and condensate could restart soon from a few Libyan ports as authorities seek to draw down its storage and ease an electricity supply shortage.

U.S. Natural Gas Futures Jump to 8-Month High on Rising LNG Exports, Hot Weather

U.S. natural gas futures jumped to an eight-month high on Tuesday on rising liquefied natural gas (LNG) exports and forecasts for high air conditioning demand over the next two weeks.

China Ramps up U.S. Oil Purchases Ahead of Trade Deal Review — Sources

Shipments of U.S. crude oil into China are expected to rise in the coming weeks as the two countries begin to review a trade agreement signed in January.

Japan's Mitsui Cleared to Export Gas from West Australian Project

Japan's Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field

ConocoPhillips Gets U.S. Green Light for Alaska Oil Project

The U.S. Bureau of Land Management approved ConocoPhillips' plan for drilling in Alaska's National Petroleum Reserve, including roads and pipelines to access the North Slope site.

Gas Pipeline to China's First Major Independent LNG Terminal Complete

Work has been completed on a subsea gas pipeline connecting the country's first major privately owned terminal with a local gas grid.

New Mexico Close to Adopting Oil and Gas Water Rules

Energy regulators in New Mexico are close to adopting a new set of environmental rules regulating produced water from oil and gas operations.

Australia Bucks the Global Trend, Goes with Natural Gas Over Renewables: Russell

Australia's conservative government appears to be pivoting away from backing coal for future energy needs but hasn't quite made it all the way to renewables, instead waylaying into natural gas.

EU 'Highly Concerned' by U.S. Stance on Nord Stream Pipeline

A delegation of members within the European Union has raised concerns with the U.S. state department regarding sanctions imposed by the country on companies involved in the construction of Russia's Nord Stream 2 pipeline.

Red Butte Pipe Line Announces Open Season

Red Butte Pipe Line, a subsidiary of Silver Creek Midstream, has announced an open season on a crude oil pipeline system in Wyoming.

Replacing Aging Pipe Remains a Big Source for Work

With so many companies involved in natural gas distribution (P&GJ reports on more than 300 such companies, ranging in size from 6 million to a few hundred customers in the Annual 500 Report in November), this summary of ongoing infrastructure replacement projects is not an all-inclusive overview of activity.

Quality Issues Add Delays to Venezuela's Crude Exports — Documents

The worsening quality of crude oil exports from Venezuela is causing further delays in loading times at the state-run oil company PDVSA's main terminal according to internal company documents.

Alaska LNG Faced Challenges from Within State

Amid the state-led push for Alaska’s LNG project, the loudest challenges to the project’s environmental impact statement (EIS) within Alaska came from the city of Valdez and the Matanuska-Susitna Borough, both of which promoted sites within their own municipality as preferable to building the LNG terminal in Nikiski.

Canada Now Biggest Source of US Imports

Canada is the largest source of U.S. energy imports and the second-largest destination for U.S. energy exports behind only Mexico. Energy is an important component of trade between Canada and the United States.

Supreme Court Reinstates Permit 12, Excludes Keystone XL

The U.S. Supreme Court reinstated the Army Corps of Engineers’ (Corps) use of Nationwide Permit 12 but refused to let TC Energy resume construction of its Keystone XL pipeline under the fast-track permit.

Energy Transfer Vows to Keep Dakota Access Oil Flowing

Energy Transfer has vowed to fight a court order to shut down and empty the Dakota Access oil pipeline (DAPL), contending that U.S. District Judge James Boasberg overstepped his authority with the ruling.

2020 Midyear International Outlook: Pipeline Construction & Market Trends

The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.

Phillips 66 Plans to Shut Facilities, Pipelines Amid Renewables Shift

Phillips 66 has announced plans to close or convert some of its facilities along with the associated pipelines as part of the company's transition to renewable fuels.

Gas Utility Pushes Back in Court on California Energy Policy Document

Southern California Gas is asking a state court to force the revision of a document being used by the government to phase out natural gas in California.

Equitrans Confirms 2021 Startup for Mountain Valley Gas Pipeline Despite Permit Denial

Equitrans has confirmed its 2021 target in-service date for its Mountain Valley Southgate natural gas pipeline even after North Carolina authorities denied a water permit for the project.

Oil Rises After Bigger-Than-Expected Drop in U.S. Inventories

Benchmark prices for oil rose on Tuesday after an industry report showed a larger drawdown of U.S. crude inventories than analysts had expected.

PennEast Pipeline Receives Favorable Environmental Review from Regulators

The U.S. Federal Energy Regulatory Commission has approved an amended construction plan for Enbridge's PennEast natural gas pipeline.