Natural Gas

Hungary Expects Gas from Russia's TurkStream by Late 2021

Hungary plans to be able to get natural gas from the TurkStream pipeline by the end of 2021, Prime Minister Viktor Orban said after hosting a meeting with Turkish President Recep Tayyip Erdogan.

Mild Winter, Softer Economy Weaken Asian LNG Markets

LNG spot prices in Asia have dropped to seasonal lows on expectations of a mild winter depressing demand for gas for heating. A slowdown in China's coal-to-gas switch amid a weaker economy is also having an impact.

China's West-to-East Pipeline Throughput Hits 25 Bcm/Year

The supply of natural gas from the Tarim oilfield through the West-to-East gas pipeline has increased to 25 Bcf/year, according to the PetroChina Tarim Oilfield Company.

New Gas Pipelines Adding Capacity from U.S. South Central, Northeast

The United States is expected to add between 16 billion cubic feet per day (Bcf/d) and 17 Bcf/d of natural gas pipeline capacity in 2019, most of which was built to provide additional takeaway capacity out of supply basins.

Kinder Morgan Completes Acquisition of Southcross Energy Assets

Kinder Morgan Tejas Pipeline completed its $76 million acquisition of Southcross Energy natural gas pipeline assets Thursday, including the Corpus Christi Pipeline Network and Bay City Lateral.

Noble Energy Closes Purchase of Interest in EMG Pipeline

Noble Energy has closed its acquisition of a 39% stake in the EMG pipeline.

PennEast Developers Press on Despite Court Decision

The companies developing the $1 billion PennEast natural gas pipeline remain committed to building the project and are evaluating their options after a federal appeals court decided not to rehear an earlier decision against the pipeline.

Pioneer Natural CEO Calls Out Permian Basin Gas Flaring

The chief executive of Pioneer Natural Resources, Scott Sheffield, called on Permian Basin producers to limit natural gas flaring and to monitor for methane leaks.

Israel-Egypt Gas Pipeline Deal Closed “In Practice”

The EMED joint venture consisting of Noble Energy, Israel's Delek Drilling and Egypt's East Gas Co has all but completed its purchase of a 39% stake in the subsea EMG pipeline.

NGL Energy Partners LP Closes Acquisition of Hillstone

After acquiring Hillstone LLC, NGL Energy now has approximately 380 miles of water disposal pipelines serving the Delaware Basin.

Ukraine to Develop Gas Transit Company in Effort to Bolster Talks with Russia

In an effort to improve its position in gas transit talks with Russia, Ukraine is developing its own transport company.

Putin, Hungary's Orban to Discuss TurkStream Pipeline

Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban are hoping to agree on terms for the TurkStream Pipeline at a meeting this week.

Denmark Approves Nord Stream 2 Project

The Nord Stream 2 project has been approved by Denmark, the last remaining country needed to finish the pipeline.

Singapore Committed to Natural Gas Power

Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government official said.

Small Oil & Gas Companies get Cold Shoulder from Big Banks

The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.

Phillips 66 Beats Profit Estimates with Help from Midstream Assets

Phillips 66 midstream assets helped the company produce better than expected profits last quarter.

New Exxon Partner Prefers Arctic LNG Shipping to Alaska LNG Pipeline

A new company plans to partner with Exxon to ship liquefied natural gas from Alaska’s North Slope to Asian markets as an alternative to an Alaskan pipeline.

Norway's Equinor Eyes Natural Gas Infrastructure in Brazil

Norway's Equinor is actively looking to install new natural gas infrastructure on the coast of Brazil to help facilitate the large amounts of gas being produced in the country.

Equinor to Ship First Sverdrup Oil Cargo to China

Equinor is planning to ship its first cargo of crude from Norway's giant Johan Sverdrup field to China this week.

Russia Says Bulgaria to Complete TurkStream Portion By 2020

Bulgaria has promised Russia that it will complete its portion of the TurkStream pipeline on schedule bringing it in service by early 2020.

First Part of TurkStream Filled With Gas

Russia's Gazprom has begun filling the first part of the undersea TurkStream pipeline with gas, the pipeline operator said on Friday.

DTE Energy to Buy Natural Gas Gathering System, Pipeline for $2.25 billion

- DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale for $2.25 billion in cash.

Basalt to Acquire Natural Gas Transmission Business from Third Coast Midstream

A fund managed by Basalt Infrastructure Partners (“Basalt”) has announced it has entered into a definitive agreement to acquire Third Coast Midstream LLC’s natural gas transmission business (the “Natural Gas Transmission Business”).

Gas Futures Rise on Permian Highway Delay

U.S. natural gas futures for the winter of 2020-2021 gained the most of any contracts on Thursday after Kinder Morgan delayed the projected in service date for its $2 billion Permian Highway gas pipe in Texas to early 2021.

Woodside Targets FIDs on Browse, Scarborough Gas Projects

Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline

Kinder Morgan Reports 'Momentous' Third Quarter

Kinder Morgan reported what CEO Steve Kean described as a "momentous" third quarter Wednesday as the company achieved a 13% increase in natural gas transport volumes and the completion of major pipeline and LNG projects in the period ended Sept. 30.

Trump to Headline Gas Industry Gathering in Pennsylvania

Natural gas industry groups say President Donald Trump will give keynote remarks at their annual conference in the battleground state of Pennsylvania next week.

U.S. Sanctions Turkish Energy Operations

The United States has sanctioned Turkey’s energy ministry in response to the Turkish cross-border offensive in northeast Syria, including BOTAS, which operates the country's gas infrastructure and is party to gas import contracts.

China's Gas Demand Growth to Slow to 10% This Year: Sinopec

China's natural gas demand is expected to reach 307 Bcm this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas said , as a slowing economy hits consumption.

TechnipFMC Awarded Significant Subsea Contract for Vietnam Gas Pipeline

TechnipFMC has been awarded a significant contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.