Natural Gas

Russia Sues Shell Units Over Energy Projects, Court Documents Reveal

Russia's Prosecutor General has filed a lawsuit against a number of energy major Shell's units, court documents showed on Friday.

Japan Becomes Top Buyer of LNG from Russia's Sakhalin 2

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports, Interfax news agency quoted a company senior manager as saying on Thursday.

Enbridge Green Lights $700 Million Pipeline Network Plans for Gulf of Mexico

Enbridge will construct and operate crude oil and natural gas pipelines for BP's Kaskida oil hub in the U.S. Gulf of Mexico, set to start production in 2029. Shell has also announced its final investment decision for the Rome Pipeline, which will transport oil from the project.

TC Energy's South Bow Pipeline Spin-Off Begins Trading on TSX

TC Energy's oil pipeline spin-off, South Bow Corp, started trading on the Toronto Stock Exchange, experiencing a slight decline on its debut. South Bow's main asset is the 622,000 barrel-per-day Keystone pipeline, which ships Canadian crude from Alberta to the U.S. Midwest and Gulf Coast.

Summit Midstream Acquires Tall Oak Midstream for $450 Million

Tall Oak operates a large gas gathering and processing system in the Arkoma Basin, featuring two natural gas processing plants with a total capacity of 220 MMcf/d and 411 miles of gas gathering lines.

EQT to Lay Off 15% of Workforce After $14 Billion Equitrans Acquisition

EQT Corp. plans to cut 15% of its workforce following its $14 billion acquisition of Equitrans Midstream. The layoffs, part of an integration process, mark the company's largest job reduction since 2019. EQT aims to boost natural gas margins amid fluctuating market conditions.

Australia's Santos and TotalEnergies Ink Mid-Term LNG Supply Deal

Santos has signed a mid-term liquefied natural gas (LNG) supply agreement with TotalEnergies' Singapore unit. The three-year contract, starting in late 2025, will see Santos supply up to 500,000 tons of LNG annually, further strengthening its LNG portfolio in the region.

From Crude to NGL: Understanding the Complexities of Pipeline Conversions

As Enterprise Products Partners LP expands its footprint in the Permian Basin, the conversion of existing pipelines raises both opportunities and challenges. This article delves into the complexities involved in repurposing energy infrastructure, highlighting technical, economic, and safety considerations amid robust production growth.

Shell Expands Gas Distribution Network in Nigeria

Shell plc’s Nigerian business, Shell Nigeria Gas (SNG), has struck a deal with a regional government in the country to develop a new gas distribution network to boost consumption by commercial and industrial entities for increased business performance.

Enbridge Acquires PSNC, Adding Over 13,000 Miles of Pipeline to Its U.S. Gas Utility Portfolio

Enbridge Inc. has completed its acquisition of Public Service Company of North Carolina (PSNC) from Dominion Energy. PSNC, now operating as Enbridge Gas North Carolina, serves over 600,000 customers and boasts an extensive network of over 13,000 miles of natural gas pipelines.

TotalEnergies, APA Approve $10.5 Billion Oil, Gas Project in Suriname

The small South American country wants to follow in the footsteps of neighboring Guyana, where a consortium led by Exxon Mobil has discovered more than 11 billion barrels of recoverable oil and gas resources.

Global News October 2024

Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.

Greece's New LNG Terminal Boosts Europe's Gas Supply Diversification

A new floating liquefied natural gas (LNG) storage and regasification unit (FSRU) started commercial operation off Greece's northeastern coast on Tuesday with the aim of diversifying supply of imported LNG to Europe.

Finland and Estonia Form Pact to Strengthen Underwater Energy Assets

Finland and Estonia have signed an agreement to strengthen cooperation in protecting and repairing critical underwater energy infrastructure, including the Balticconnector gas pipeline. This partnership aims to enhance energy security and stabilize prices for both countries.

Helene Batters U.S. Southeast, Pushing Natural Gas Prices to 14-Week High

U.S. natural gas prices surged by 5%, reaching a 14-week high, as Hurricane Helene battered the Southeast, causing production cuts and widespread power outages. The storm disrupted Gulf of Mexico gas output and left millions without electricity across Florida, Georgia, and the Carolinas.

Ground Work on Extension of Mayakan Pipeline Begins

The Federal Electricity Commission (CFE) and Engie Mexico began construction work after signing a new agreement at the end of March for the expansion of the Mayakan Gas Pipeline.

Profile of Regulations on Colorado County Points to Private Property Safeguards

Colorado is among the largest producers of oil and natural gas in the United States, and the bulk of the energy production in the Centennial State is found in one county: Weld County.

P&GJ’s Europe 500 Report of Top Pipelines

The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.

U.S. FTC Clears Chevron-Hess Deal, Bars John Hess From Board

The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp. on Monday, in an order that barred Hess CEO John Hess from Chevron's board.

New Fortress Exports Mexico's First LNG Cargo From $1 Billion Facility

U.S. energy infrastructure company New Fortress Energy on Monday shipped the first export of liquefied natural gas from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.

Sames Bids Farewell After 20 Years

After nearly 20 years, Christina Sames is stepping away from her role as senior vice president of Operations & Engineering for the American Gas Association (AGA).

New AMPP Chair Stresses Enhancing Member Access to Standards

AMPP’s new chair, Kimberly-Joy Harris, brings over 30 years of expertise to the energy sector, specializing in leading and consulting on projects that enhance asset integrity and sustainability, efficiency and innovation.

French Pipeline Sector Moving Toward Hydrogen

France is actively developing its pipeline network, as part of ambitious state plans to turn the country into one of the largest natural gas and hydrogen hubs in Europe in years to come.

Exxon Board Member Gregory Goff Joins Elliott Group's Bid to Acquire Citgo Petroleum

Exxon board member Gregory Goff has joined Amber Energy, an Elliott-backed company, in a bid to acquire Citgo Petroleum through a U.S. court auction. The deal aims to resolve Venezuela’s debts, placing a $7.28 billion enterprise value on the Houston-based oil refiner.

ConocoPhillips Secures Court Approval to Seize Payments to Venezuela's PDVSA

The court's decision comes as part of ConocoPhillips' ongoing efforts to recover compensation after the expropriation of its assets by Venezuela. The ruling allows the company to target PDVSA assets linked to the joint Dragon Gas Field project.

EU, NATO Step Up Fight Against Sabotage of Gas Infrastructure

Safeguarding European energy and gas infrastructure against sabotage and cyberattacks will be one of the top priorities for NATO and the EU institutions over the coming years as the Nord Stream attacks have altered the energy security landscape for good.

TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain

France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.

Mitsubishi Expands Stake in Major Malaysia LNG Project

Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.

Australian LNG Producers May Need to Allocate More Gas to Domestic Market Amid Supply Shortages

Australian liquefied natural gas (LNG) producers may need to commit extra gas to the domestic market instead of exports due to a drop in the supply forecast for next year, the competition watchdog said on Friday.

Natural Gas Producers Demand Harris’ Stance on Key Energy Issues in Battleground Pennsylvania

As the nation’s second-largest natural gas producer, Pennsylvania is crucial in the upcoming election, with energy policies on LNG and fracing poised to shape the battleground state’s economy. Harris’s approach remains unclear, leaving industry leaders concerned about the potential impact on jobs and energy costs.