Regions

Nord Stream 2 Completes Section in German Waters

The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 1.6-mile (2.6-km) portion of the pipeline, which had been stalled by the threat of U.S. sanctions.

LNG Import Terminals Add-Ons Boast Advantages

North American LNG exporters are sounding more confident about the prospects for new projects in 2021 due to a recent rally in prices driven by surging Asian demand, even as most industry analysts expect next year to be another difficult one.

Construction of Pipeline to Colombia’s Coast Nears Completion

The demand for natural gas in Colombia will increase by 50% in the next 13 years, from 961 MMBtu/d in 2019 to 1,449 MMBtu/d in 2033. With that in mind, Promigas has undertaken construction of the 250-MMcf/d Paiva-Caracolí gas pipeline along the Caribbean coast of Colombia, which was 92% complete in August.

Nebraska Pipeline Rupture Likely Caused by 3rd-Party

A natural gas pipeline in rural Nebraska has been repaired after a rupture caused an explosion that was large enough to be seen by satellite. Northern Natural Gas said “a series of scores and gouges were found across the impacted pipeline segment,"

Williams Projects Go In-Service Early as 2020 Ends

Williams said early in-service capacity was achieved for three of its gas expansion projects. Projects going online in the fourth quarter were Transco’s Leidy South and Southeastern Trail, along with the Bluestem Pipeline.

Explosion Caused by Natural Gas Pipeline on Field

A pipeline rupture caused an explosion in a field near Lyons, Neb., on Christmas Day that was large enough to be seen by satellite. There were no reported injuries.

Explosion Hits Gas Pipeline in Egypt’s Sinai

An explosion at a key natural gas pipeline in Egypt’s restive northern Sinai Peninsula caused a fire but no human casualties, a senior official told the Associated Press.

Russia’s Gazprom Signs Deal on Gas Prices with Belarus for 2021

Russia and Belarus said the two countries signed a deal on gas prices for 2021, easing tensions between the two former Soviet countries.

US Preparing New Sanctions to Impede Nord Stream 2 Pipeline

The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday.

LNG Prices Reach 6-Year High as Winter Storm Hits Asia

As an early winter chill grips China, South Korea and Japan, prices for LNG and power are rising due to supply crunches and a surge in demand with more cold weather expected.

Hilcorp Unit Completes BP Alaska Acquisition

Privately held Hilcorp Energy's unit completed a $5.6 billion acquisition of BP's business in Alaska, taking over the region the British oil major had operated in for 60 years.

Court Approves Williams' Deal with Bankrupt Chesapeake

A bankruptcy court has approved Williams' agreement to take ownership of some Chesapeake Energy assets in exchange for accepting lower gas gathering fees.

As Biden Cabinet Takes Shape, API Seeks Voice in Energy, Climate Policy

The American Petroleum Institute on Thursday reached out to the incoming Biden administration to collaborate on climate and energy policy, calling energy a non-partisan issue that modern life depends on.

Uzbekistan to Cut Gas Exports Amid Domestic Shortages

Uzbekistan will cut natural gas exports, which mostly go to China, because of domestic energy shortages, the Central Asian country's energy ministry said on Thursday.

Abu Dhabi Pipeline Sale May Signal Gulf States Trend

Bankers expect oil-rich Gulf states to accelerate privatizations like Abu Dhabi's pipeline deal, with Saudi Arabia and possibly Oman as likely candidates for asset sales next year.

Canada Unveils Hydrogen Strategy to Kick-Start Clean Fuel Industry

Canada unveiled a long-discussed hydrogen strategy on Wednesday, calling on investors to spur growth in a clean fuel sector that the government says could be worth C$50 billion ($39.2 billion).

Eni Lifts Force Majeure on Nigeria's Brass River Crude Exports

taly's oil major Eni said it was lifting force majeure on Nigeria's Brass River crude oil exports on Wednesday after pipelines had been repaired following sabotage.

Biden to Pick Former Michigan Gov. Granholm as Energy Secretary - Sources

President-elect Joe Biden is expected to pick former Michigan Governor Jennifer Granholm to be secretary of energy in his administration, two people familiar with the decision said

Lacking Pipelines, U.S. Northeast Gas Prices Jump Ahead of Winter Storm

U.S. Northeast power and natural gas prices for Wednesday jumped to their highest level in almost a year as energy companies prepare for what could be the region's biggest winter storm in years.

Pinnacle Midstream II Plans Gathering, Compression System in Midland Basin

Pinnacle Midstream II on Tuesday said it has signed a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy that anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.

Husky Energy Shareholders Approve Sale to Cenovus

Husky Energy Inc said on Tuesday its shareholders approved the company's merger with rival Cenovus Energy Inc to create Canada's No. 3 oil and gas producer,

North Sea Could Shift from Oil Reservoir to CO2 Storage - Total CEO

The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.

Russia's Druzhba Pipeline Exports Set to Slide Amid Price Row

Exports of Russian Urals oil via the Druzhba pipeline are likely to fall in the first quarter as sellers have been pressing for higher crude prices that margin-strapped refiners say they can't afford.

EU Proposes Funding Shift Away From Natural Gas

The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.

Iran Mostly Contains Fire after Landslide Hits Oil Pipeline

Firefighters have contained most of a blaze that broke out after a pipeline carrying crude oil to Iran’s second-largest refinery ruptured due to a landslide, the head of the state company in charge of oil pipelines said.

Britain to End State Support for Fossil Fuel Sector Exports

Britain said it is ending state support for fossil fuel industry exports, and shifting government assistance to low-carbon and renewable energy projects abroad.

Oil Tanker Ablaze after Terrorist Attack Off Saudi Arabia Coast

Saudi Arabia said an oil tanker anchored at a Jeddah terminal was hit by an explosive-laden boat in what it called a terrorist attack, after shipping firm Hafnia said one of its tankers was struck by an "external source".

Nigerian Shell Employees Damaged Pipelines for Profit - Dutch TV

Employees at Royal Dutch Shell’s Nigerian joint venture orchestrated damage to oil pipelines to profit from the money spent on clean-up operations, Dutch investigative TV program Zembla reported.

Eni Looking to Sell Assets in Pakistan - Sources

Italian energy group Eni is looking to sell assets in Pakistan as part of moves to refocus its oil and gas portfolio following a strategic re-shake this year, sources close to the matter said.

EU Leaders Clinch Deal on Tougher 2030 Climate Goal

European Union countries agreed to a new climate change target for the bloc on Friday after haggling through the night in Brussels, pulling the political trigger on a policy revamp to make every sector greener.