Projects
US Energy Department Clamps Down on LNG Export Project Extensions
The U.S. Department of Energy on Friday announced it will change how it approves requests by companies to push back start dates for LNG export projects to get a better picture of true demand for the fuel.
CEO: Woodside's Stalled Browse LNG Project Still 'Very Attractive'
The estimated $13.8 billion Browse project to develop Australia's largest untapped gas resource has been bogged down for years by demand uncertainty and negotiations over a processing agreement.
Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
(P&GJ) — When the expanded Trans Mountain pipeline begins operating next year, it will provide access to new markets in Asia for Canadian oil producers that have suffered from years of limited pipeline capacity. The expansion project will add approximately 980 km (609 miles) of new pipeline and bring the nominal capacity of the system from approximately 300,000 barrels per day (bpd) to 890,000 bpd.
Tellurian Asks Shareholders to Approve Doubling of Authorized Shares
The proposal — to increase authorized shares to 1.6 billion — if approved would provide additional financial flexibility while diluting the stakes of existing shareholders, the filing said. Shareholders will vote on the proposal on June 7, the company said in a proxy filing.
Biden Administration Greenlights LNG Exports from Alaska Project
The Biden administration on Thursday approved exports of LNG from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The project includes a proposed 807-mile (1,300-km) pipeline to move gas stranded in northern Alaska across the state.
Peninsula Pipeline Completes $11 Million Natural Gas Expansion Project in Florida
(P&GJ) — Chesapeake Utilities Corp. has announced that its subsidiary, Peninsula Pipeline Company Inc., has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area.
Natural Gas Producer Novatek Expected to Win Big from Shell's Sakhalin-2 Stake
Russian natural gas producer Novatek has scooped a lucrative deal with its purchase of Shell's stake in the Sakhalin-2 energy project, analysts said on Thursday.
Kinder Morgan Launches Expansion Open Season for SFPP Pipeline System
(P&GJ) — Kinder Morgan Inc. has announced the launch of a binding open season to solicit commitments to support a proposed expansion of a portion of its SFPP, L.P. (SFPP) pipeline system from El Paso, Texas, to Tucson, Arizona.
Malaysia's Petronas to Restart Gas Pipeline Operations by Q1 2024
Malaysia's national oil company Petroliam Nasional Berhad aims to restart a gas pipeline currently under force majeure by the first quarter of 2024, a senior company executive said on Wednesday.
China's Sinopec to Take Stake in Qatar's North Field LNG Project
The state-owned Chinese gas giant will take a 5% stake in the equivalent of one North Field East LNG train with capacity of 8 million tonnes per year, a QatarEnergy statement said.
Seven US States Submit Joint Proposal for New Clean Hydrogen Hub in Northeast Region
(P&GJ) — New York, New Jersey, Maine, Rhode Island, Connecticut, Vermont and the Commonwealth of Massachusetts have submitted a group proposal for its Northeast Regional Clean Hydrogen Hub project to the U.S. Department of Energy.
Sinopec to Build China 259-Mile Hydrogen Transmission Pipeline, Xinhua Reports
The pipeline will stretch 400 km (roughly 259 miles) from Ulanqab in sparsely populated Inner Mongolia to the capital Beijing, and will have an initial capacity of 100,000 tonnes per year, said the report, citing Sinopec chairman Ma Yongsheng.
Sources: New Exxon Beaumont, Texas Crude Unit Completes Startup
The new 250,000 bbl/d Crude C CDU lifts the Beaumont refinery's capacity to 619,024 bbl/d, second only to the Motiva Enterprises refinery in nearby Port Arthur, Texas, the people said.
Tellurian to Sell Land for $1 Billion and Lease Back for Driftwood LNG Project
U.S. LNG developer Tellurian Inc. has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1 billion, a regulatory filing by the company showed on Thursday.
QatarEnergy Awards LNG Contract to Baker Hughes for North Field South Gas Project
(P&GJ) — Baker Hughes has been awarded a contract from QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas. The project will boost Qatar’s LNG production capacity from 110 million to 126 million tons by 2027.
Pipeline Operator Enbridge Expected to Enter Carbon-Capture Cement Partnership
Pipeline operator Enbridge and German firm Heidelberg are expected to enter a partnership to develop a facility to capture carbon emissions from cement production.
US Cities to Receive Nearly $200 Million to Upgrade Aging, Leaking Natural Gas Pipelines
(P&GJ) — The U.S. Transportation Secretary Pete Buttigieg and the Pipeline and Hazardous Materials Safety Administration has awarded $196 million in grants to 37 projects spread across 19 states for the modernization of aging natural gas pipelines.
Bid to Pause ConocoPhillips' Alaska Willow Project Fails
A federal judge on Monday rejected a bid by environmentalists to temporarily suspend the U.S. government’s approval of ConocoPhillips' multibillion-dollar oil drilling project in Alaska’s Arctic.
Sources: Baghdad Agrees to 30% Stake in TotalEnergies $27 Billion Iraq Energy Project
Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 billion Iraq project, three sources told Reuters on Tuesday, reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.
Mountain Valley Pipeline's West Virginia Water Permit Tossed by Court
A federal appeals court on Monday vacated a water permit needed by developers to restart construction on the Mountain Valley pipeline in West Virginia, marking the latest setback for the $6.2 billion project.
Pipeline Operator Enbridge to Invest $2.9 Billion to Build Ammonia Plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline operator Enbridge plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. The plant, which would be Yara's biggest, would be built at an Enbridge oil storage and export facility near Corpus Christi, with production to start around 2027-28.
Uganda Approves Construction of 898-Mile Crude Pipeline
Uganda approves construction of 898-mile crude pipeline, Biden backs scaled-back ConocoPhillips Alaska oil project, construction of 106-mile gas pipeline to Serbia underway, Coastal GasLink pipeline costs expected to top $10 billion and more.
Mountain Valley Clears Permit Hurdle for 303-Mile Pipeline Project in Virginia
A federal appeals court on Wednesday backed construction authorizations for the $6.2 billion Mountain Valley Pipeline project in Virginia, after finding state regulators thoroughly reviewed the project's environmental impacts.
Analysts: Financial Hurdles Rise for Green-Lighting New US LNG Plants
The banking crisis added a new snag to rising interest rates and supply chain shortages for these multibillion-dollar projects, which months ago were seen as sure bets. Two of four new projects aiming for a financial okay this quarter have been pushed back, and others will face that higher bar, said analysts.
SocGen Says It Has Pulled Out of NextDecade’s Rio Grande LNG Project
Societe Generale pulled out of Texas-based energy company NextDecade's Rio Grande LNG project last year, the French bank disclosed for the first time on Tuesday, in news that could help explain the project's repeated delays.
Senstar Wins Security Contract for Oil Pipeline Project in Africa
(P&GJ) — Senstar Technologies, a provider of sensing and information management solutions for the protection of critical infrastructure, has been awarded a significant oil pipeline project in Africa.
Spotlight on Brazil: Government Promotes Five New Gas Pipelines
(P&GJ) — A division of Brazil's Ministry of Energy recently published a document outlining a plan for $4 billion in investments to finance the construction of five gas pipelines focusing on gas flow from the Sergipe-Alagoas basin and gas from the pre-salt field.
Army Corps Extends Line 5 Tunnel Review, Delaying Enbridge’s Pipeline Project by 18 Months
Canada's Enbridge Inc. said on Thursday it was "disappointed" by the U.S. Army Corps of Engineers' decision to extend the federal permitting process for the company's proposed Great Lakes Tunnel that would rehouse its Line 5 oil pipeline underneath the Straits of Mackinac.
Editor’s Notebook: Getting the CO2 Out
(P&GJ) — Navigator Heartland Greenway has voluntarily withdrawn its application for a certificate of authority to build a 250-mile portion of its CO2 pipeline through a part of western Illinois, but the company said it plans to refile soon.
Lukoil-backed Congo Project to Begin LNG Output in December
Lukoil Vice President Ivan Romanovsky said the initiative will produce around 600,000 tonnes of LNG per year, and that Lukoil plans to boost total LNG output at the Marine XII oil and gas project in the Congo to 3 million tonnes by the end of 2025.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
