Natural Gas
FACTBOX: Deals on the Rise in US Oil and Gas Pipeline Sector
The oil and gas pipeline business has seen increased consolidation this year as U.S. production grows and new pipeline permitting problems have made existing operators more valuable.
Former CFO of Russian Natural Gas Firm Novatek Sentenced to 7 Years in US Prison
A former deputy chief of Russian natural gas producer Novatek was sentenced on Thursday to seven years and two months in a U.S. prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing.
Germany Expands LNG Regasification Capacity with New Terminals
A new LNG terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm building its onshore connection, said.
Berkshire Hathaway Maryland Cove Point LNG Export Plant Shut
The amount of natural gas flowing to U.S. energy firm Berkshire Hathaway Energy's Cove Point LNG export plant in Maryland fell to near zero on Wednesday, a sign that the plant likely shut for work expected to start on Sept. 21.
P&GJ’s Europe 500 Report of Top Pipelines
(P&GJ) — Following is a listing of some of the longest transportation routes on the continent of Europe as of July 2023. 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.
How Emissions Are Measured: Gas Concentration vs. Emission Rate
(P&GJ) — The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed a rule in May that included significant measures to reduce emissions from pipelines and other midstream infrastructure.
DNO Makes Norway Gas Condensate Discovery
Norwegian oil company DNO said on Tuesday it had discovered gas condensate at its Norma prospect in the North Sea and that it would continue to drill for more resources nearby.
Budget Bill Permitting Provisions Slight Natural Gas Industry
(P&GJ) — The natural gas industry greeted the permitting reform bill Congress passed and President Biden signed with something short of enthusiasm to say the least.
Editor's Notebook: Colorado’s Bold Initiative
(P&GJ) — The Colorado Air Quality Control Commission (AQCC) recently adopted rules aimed at increasing repair inspections and leak detection at oil and gas facilities throughout the state. While these new guidelines do not affect midstream directly, there are implications for the sector due to the growing emphasis on carbon-capture and related pipelines.
PipeChina Starts Laying Second Gas Line Linking Sichuan to East Coast
The new line will be built in phases. Under the first stage, PipeChina will lay a 1,576-km (979 miles) western section, including 12 branches, crossing the Chongqing municipality and provinces of Sichuan and Hubei.
Sources: Disagreements Delay Russian Gas Hub Plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
US Contacts Oil Producers, Refiners as Gasoline Prices Rise
The head of the White House Council of Economic Advisers said that the U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies during rising gasoline prices.
Sources: Freeport LNG Cancels Four Cargoes Since Feedgas Intake Fell
Freeport LNG, the second-largest U.S. LNG exporter, has canceled four cargoes since its feedgas intake dropped below normal capacity, industry sources told Reuters on Thursday.
Gas Leak in Southern California Prompts Evacuation of Homes; No Injuries Reported
(P&GJ) — In the early hours of Thursday, a natural gas leak from an underground pipeline necessitated the evacuation of a residential neighborhood in Southern California.
Marathon Galveston Bay, Texas, FCC Expected to Remain Shut Through Late This Week
The fire-damaged, gasoline-producing fluidic catalytic cracker (FCC) at Marathon Petroleum's 593,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week, said people familiar with plant operations on Friday.
TotalEnergies to Start Gas Production at Argentina's Fenix Field in 2024
France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.
North Africa Will Be Italy's Key Gas Supplier for Years, Eni Top Exec Says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.
Freeport LNG Feedgas Flows Drop Sharply, Raising Supply Concerns
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row on Monday, LSEG data showed.
Russia's Gazprom to Launch Two Amur Gas Processing Lines in 2024
Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year, Vitaly Markelov, deputy head of the company told the Russian TASS news agency on Monday.
Russia Finalizing Power of Siberia-2 Gas Pipeline Route to China, Novak Says
Russia is finalizing the route of the China-bound Power of Siberia-2 gas pipeline, which is intended to traverse Mongolia, Deputy Prime Minister Alexander Novak wrote in the energy ministry's in-house magazine, published on Wednesday.
Ten Workers Killed in Gas Accident in China's Inner Mongolia Region
Ten people were killed, and three others were injured in a gas accident at a workshop in Ordos in China's northern Inner Mongolia region, state broadcaster China Central Television (CCTV) said on Friday, citing local authorities.
Venezuela's Maduro Seeks to Renew Beijing Ties Amid China-West Tensions
Venezuela's President Nicolas Maduro arrived in China on Friday, his first visit in five years, to renew engagement between the two countries as China's ties sour with the West and the South American country seeks fresh financing.
Natural Gas Firm Peyto to Buy Repsol's Canada Unit for $468 Million
Canadian natural gas firm Peyto Exploration & Development has agreed to buy Spanish energy company Repsol's assets in Canada for $468 million, the two companies said in separate statements.
Brazil's Petrobras Signs Agreements with Compagas for Natural Gas Supply
Brazil's state-run oil company Petrobras has signed contracts for the supply of natural gas with gas company Compagas for around $1.28 billion, Compagas told Reuters on Tuesday.
Williams CEO Not Interested in Acquisition of Utility Companies
U.S. energy firm Williams Companies is not interested in three utilities recently bought by Canada's pipeline operator Enbridge as the return rate would be too low, CEO Alan Armstrong said on Wednesday.
India Seeks More Natural Gas Amid Emergency Measures to End Blackouts
India is seeking additional volumes of natural gas and has asked utilities to expedite the completion of power plant maintenance as part of emergency steps to stop electricity outages, according to Reuters.
Pipeline Operator Enbridge Bets Big on US Gas with $14 Billion Bid for Dominion Utilities
Enbridge will buy three utilities from Dominion Energy for $14 billion including debt, the Canadian pipeline operator said on Tuesday, creating North America's largest natural gas provider and doubling its gas distribution business.
PTT: Thailand Regasification Capacity to Nearly Double by 2030
Thailand's annual gas regasification capacity will nearly double by the end of the decade as LNG imports are set to rise to replace declining domestic production, a senior executive at energy company PTT said on Tuesday.
Western Midstream to Acquire Meritage, Adding 1,500 Miles of Gas Pipelines in Powder River Basin
(P&GJ) — Western Midstream Partners LP is set to acquire Meritage Midstream Services II LLC in an all-cash transaction valued at $885 million. The assets include approximately 1,500 miles of natural gas gathering pipelines and 380 MMcf/d processing capacity, situated in Converse, Campbell, and Johnson counties, Wyoming.
EU Proposes Permanent Scheme for Joint Gas Purchases
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed, and officials told Reuters.
- 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
- Kinder Morgan Declares Force Majeure on West Texas Gas Pipeline After Fire
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
- Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State
