Natural Gas

Petrobras Strikes Deal with Regulator to Sell Natural Gas Assets

Brazi's Petrobras has reached an agreement with anti-trust regulator Cade to sell off a series of natural gas transportation and distribution assets, the company said in an exchange filing on Monday.

Israel's Delek: Pipeline Gas Exports to Egypt by Year End

Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt, but it did not begin commercial sales by the end of June as it had initially hoped.

Construction Begins on Middle Section of China-Russia East-Route

Construction of the middle section of the China-Russia east-route natural gas pipeline project, a major energy cooperation project between the two countries, began in Shenyang City of northeast China's Liaoning Province on Thursday.

Gazprom Signs Five-Year Natural Gas Deal With Turkmenistan

Gazprom has signed a 5-year contract with Turkmengaz to purchase natural gas, the Russian gas producer said on Wednesday.

UGI Buying $1.28B Columbia Midstream Assets from TC Energy

Energy distributor UGI Corp said on Tuesday it would buy some assets of Columbia Midstream Group from pipeline operator TC Energy Corp for about $1.28 billion to expand its midstream business.

Brazil's Petrobras Seeks to Exit Gas Distribution Business This Year: CEO

Brazil’s state-controlled oil company Petrobras will leave the gas distribution business in Brazil, disposing of all of its assets in the area, Chief Executive Roberto Castello Branco said.

TechnipFMC Awarded Subsea Contracts for Reliance MJ1 Field in India

TechnipFMC said it has been awarded significant subsea contracts by Reliance Industries for the MJ1 field offshore India. The contracts cover fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.

Critical Notice on Alliance Pipeline Rearranges Midwest Flows

The Alliance Pipeline posted a critical notice announcing zero flows on the line between June 18-21 for pipeline repairs in Iowa and Illinois, but the region met customer demand using alternative supply options and storage access.

Gazprom Signals Tough Talks with Ukraine on Gas Transit to EU

Alexei Miller, the head of Russian gas giant Gazprom, on Friday warned of difficult talks with Ukraine on gas transit to Europe once the current deal expires at the end of the year.

Shell Selling Canadian Midstream and Upstream Assets for $140 Million

Canada’s Pieridae Energy will buy gas assets in Alberta from Royal Dutch Shell for $144.77 million, Pieridae said on Wednesday, securing supply for its planned liquefied natural gas plant in eastern Canada.

Archrock Acquires Elite Compression for $410 Million

Archrock has agreed to acquire the assets of Elite Compression Services in a $410 million cash and stock deal that adds 430,000 of predominately large-horsepower compression assets to its current 3.5 million-horsepower operations.

Laying of Gas Pipeline Between Finland and Estonia Complete

The laying of a gas pipeline in the Baltic Sea connecting Finland and Estonia, built to help both countries reduce their dependency on Russian gas, has been completed, one of the partners in the project said on Monday.

Egypt Agrees to Pay Israel $500 Million to End Gas Dispute

Egypt says it has struck a deal with the state-owned Israel Electric Corp to settle a fine for halting deliveries of natural gas.

U.S. Shale Oil Output to Rise to Record 8.52 MMbpd in July EIA

U.S. oil output from seven major shale formations is expected to rise by about 70,000 bpd in July to a record 8.52 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.

EQM Raises Cost, Delays Timing of Mountain Valley Pipeline

EQM Midstream Partners said Monday it has raised the estimated cost of its Mountain Valley gas pipeline from West Virginia to Virginia to $4.8-$5.0 billion and delayed its completion to mid-2020 due to ongoing legal and regulatory challenges.

U.S. Allows Iraq to Import Iranian Gas for 3 More Months

The United States has allowed Iraq to import Iranian gas for its power grid another three months by extending a waiver to sanctions - but insists that Baghdad seek alternative sources.

U.S. Senator Introduces Bill to Sanction Nord Stream 2 Pipeline

U.S. Senator John Barrasso introduced a bill to slap sanctions on individuals and companies developing Russia's Nord Stream 2 natural gas pipeline, a day after President Trump said he was considering sanctions on the pipeline.

Trump Considering Sanctions Over Russia's Nord Stream 2

U.S. President Donald Trump said on Wednesday he was considering sanctions over Russia's Nord Stream 2 natural gas pipeline project and warned Germany against being dependent on Russia for the fuel.

Major Restructuring of Middle East Gas Exports

In the Eastern Mediterranean, large discoveries of natural gas have been found off the coast of Israel and Egypt earlier in the decade. This together with increased demand for gas across the region are now reshaping both production and market demand, requiring construction of a series of new pipelines and LNG import and export facilities.

Tellurian Sets Binding Open Seasons for 2 Proposed Pipelines

Tellurian subsidiaries will begin separate open seasons on two proposed natural pipelines that will connect constrained shale production areas to the growing industrial market in Southwest Louisiana.

New Cogent Pipeline to Connect Processing Complex to GCX

Cogent Midstream said it plans to build a new 400 MMcf/d pipeline to deliver residue gas from its Big Lake Natural Gas Processing Complex in the Midland Basin to the Gulf Coast Express Pipeline (GCX).

5 Workers Hurt in Houston-Area Natural Gas Line Explosion

Five workers have been injured when a natural gas line exploded in a residential neighborhood southeast of Houston. The blast occurred as a CenterPoint Energy contractor was working along a line Thursday.

Gazprom Reports 44% Jump in Q1 Profit

Gazprom reported a 44% jump in first-quarter net income to 536 billion roubles ($8.3 billion), boosted by higher gas sales volumes and prices, and promised to increase dividends in coming years.

NW Natural Completes North Mist Expansion Project

NW Natural has completed its North Mist Expansion Project and begun providing no-notice storage to Portland General Electric’s Port Westward plants to balance renewable power on the grid.

Water Solutions Company Paying Big for West Texas Ranch

A water solutions company out of Forth Worth, TX is ready to spend $450 million for water underneath a West Texas ranch.

PetroChina Raising Gas Prices Ahead of Pipeline Reshuffle

PetroChina is bucking normal practice and raising its wholesale natural gas prices during the weak-demand spring season, several sources said, preparing for the coming consolidation of China's pipeline assets and trying to recoup huge fuel import losses.

National Grid Halts New Gas Service Until Williams Pipeline Approved

National Grid said it will not process new applications for natural gas service in its New York City and Long Island service areas until Williams' Northeast Supply Enhancement (NESE) pipeline receives the permits it needs to proceed.

Petrobras To Sell Minority Stakes in Gas Pipelines

In line with the government’s proposal to reduce the state monopoly in the gas sector, Petrobras decided to put up for sale the remaining stake in the country’s two main gas pipelines, whose control was recently transferred to private partners.

New INGAA Report Highlights Importance of Natural Gas to a Lower-Carbon Economy

Natural gas will remain a significant contributor to the energy portfolio and to economic growth in the United States over the next two decades, playing a key role in meeting low-carbon goals, a new study commissioned by the INGAA Foundation finds.

Howard Energy Plans New Gathering System in STACK Play

Howard Energy Partners announced yesterday that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the over-pressured area of the prolific STACK play. HEP’s new midstream infrastructure will be anchored by fee-based, long-term acreage dedications totaling approximately 10,000 acres in Dewey and Custer counties in central Oklahoma.