News

Lower Canada-U.S. Crude Flows Draws Down on Cushing Glut

Weakened crude oil flows from Canada to Cushing, Oklahoma have helped drawdown on a surplus of fuel at a major industry storage hub over the past two weeks, according to industry traders.

Sempra Says 6 Weeks Until Cameron LNG Plant in Full Service

Sempra Energy said it expects its Cameron LNG plant in Louisiana to be back in full service in six weeks after Hurricane Laura caused major power outages in the area.

PowerChina Eyes Rail Project to Transport Oil and Gas From Argentina's Vaca Muerta

Chinese energy firm PowerChina is in talks to finance a rail project to transport oil and gas from Argentina's Vaca Muerta shale play to the port city of Bahia Blanca,

U.S. Gas Futures Fall to 6-Week Low on Big Storage Build

U.S. natural gas futures fell nearly 10% to a 6-week low on Thursday as utilities injected more LNG than expected into storage.

Petrobras on Track to Expand Rio LNG Import Capacity

Brazilian state-owned oil energy firm Petrobras said the company is on track to expand import capacity at its Rio LNG facility by 50%,.

EQT Bids for Chevron U.S. Shale, Pipeline Assets in Appalachia — Sources

According to sources, EQT Corp, the largest LNG producer in the U.S. by volume, has placed a bid on Chevron's natural gas assets in Appalachia, including pipelines.

Gas Pipeline Explodes Near Oklahoma City

A natural gas pipeline exploded near Oklahoma City on Wednesday night.

Cameron LNG Moves Closer to Exiting Outage

Industry analysts believe Cameron LNG's Louisiana export plant is close to returning to service after Hurrican Laura devastated the area causing power outages throughout the area.

Russian Ship Sails for Nord Stream 2 Supply Base in Germany

Recent tracking data showed a Russian ship heading towards the German base of Nord Stream 2 pipeline project as the Kremlin seeks to push forward with the project.

Nearly $14 Billion Ready to Invest in Post-COVID Economic Recovery — Report

A new report from the Consumer Energy Alliance details nearly $14 billion worth of economic activity is being threatened by delays, obstructions and cancellations of pipeline infrastructure projects.

Germany Offered to Build LNG Terminals to Avert U.S. Pipeline Sanctions - Die Zeit

A new report from a German newspaper says that the country told the U.S. it would spend $1.2 billion to build two LNG terminals in exchange for not imposing sanctions on the Nord Stream 2 pipeline project.

Colombia's Ecopetrol Says Illegal Siphoning of Oil Pipelines Rose in 2020

Oil / News

Columbia's state-owned Ecopetrol says it is losing an average of 2,500 barrels of oil per day from thieves illegally siphoning fuel out of the company's pipelines.

Fossil Fuel Demand to Take Historic Knock Amid COVID-19 Scars — BP

BP is expected fossil fuel consumption to shrink for the first time in history as the pandemic has destroyed global energy demand and climate policies boost the development of renewable energy.

OPEC Cuts Oil Demand Forecasts

The OPEC group is predicted a continued slump in oil demand due to the difficulties facing many developing countries, particularly India, in containing and recovering from the coronavirus pandemic.

Black Bear Completes Acquisition of Natural Gas Assets from Third Coast Midstream

Black Bear Midstream announced it has closed its acquisition of natural gas pipeline assets from Third Coast Midstream.

Argentina Pitches Pipeline to Brazil for Vaca Muerta Shale Gas

Officials in Argentina are planning to propose a multibillion-dollar pipeline project with Brazil to carry shale gas from Argentina's Vaca Muerta shale play to Brazil's gas distribution market.

Pennsylvania Orders Sunoco to Reroute Section of Mariner East 2 Pipeline

Environmental regulators in Pennsylvania have ordered Sunoco Pipeline, a unit of Energy Transfer, to reroute a section of the company's Mariner East 2 natural gas liquids (NGL) pipeline.

Glenfarne Seeks 5 More Years to Build Louisiana Magnolia LNG Export Plant

Glenfarne Group and Kinder Morgan have asked U.S. energy regulators for an additional five years to build the Magnolia LNG export facility and accompanying pipeline expansion.

German State Leader Says Nord Stream 2 Should not be Used to Punish Russia

The leader of the German state where the Nord Stream 2 pipeline is to come onshore has said the pipeline should not be used as punishment against the Kremlin for the poisoning of a ciritc of Russian President Vladimir Putin.

Uganda, Tanzania Sign Agreement for Pipeline Construction

Uganda and Tanzania have signed an agreement to build a crude oil export pipeline to carry Ugandan oil to an export facility in Tanzania.

Equitrans Considers Options Against EQT Corp in Pipeline Dispute

Equitrans Midstream said on Monday it is considering all options against its former parent company EQT over an ownership dispute of the Hammerhead Pipeline.

Genesis Energy Oil Pipeline Unlikely to be Restored Before October

An oil pipeline owned by Genesis Energy in the U.S. Gulf of Mexico is unlikely to return to operations before October 1, the company said in a statement on Thursday.

Freeport LNG Gets More Time to Complete Train 4 at Texas Facility

Freeport LNG has received more time from U.S. energy regulators to complete its fourth liquefaction train at the company's export facility in Texas.

Morrison Completes Gulf of Mexico Pipeline Installation, Reaches Milestone

Morrison, an energy services firm, has completed installation of over 60,000 feet of subsea pipeline in the U.S. Gulf of Mexico marking more than 5.5 million feet of pipe laid by the company in the region.

Enbridge To Resume Operation of East Segment of Line 5

Enbridge has announced it is restarting the east segment of its Line 5 oil pipeline in Michigan.

Pin Oak Midstream Acquires Assets from Laurel Mountain Midstream in NW Pennsylvania

Pin Oak Midstream announced it has acquired assets in Northwest Pennsylvania from Laurel Mountain Midstream.

Inland U.S. Refinery Closures Good Magellan Pipeline Systems — CEO

The closure of some U.S. oil refineries will be a boon to Magellan Midstream's oil pipeline systems, the company's CEO said on Wednesday.

Plains All American CEO Sees Further Consolidation in Pipeline Industry

The CEO of Plains All American said on Wednesday that the pipeline industry should expect more consolidations in the near future as low oil prices continue to hinder growth in the industry.

PETRONAS Launches Virtual LNG Pipeline System

Malaysian energy firm PETRONAS has launched a virtual LNG pipeline system to deliver natural gas to customers who cannot attach to the pipeline distribution grid.

INGAA Appoints Amy Andryszak as New President and CEO

The Interstate Natural Gas Association of America (INGAA) announced on Wednesday the appointment of Amy Andryszak as the association's new President and CEO.