Business & Markets
Delek Logistics Closes $285 Million Gravity Water Acquisition
Delek Logistics Partners LP has completed its $285 million acquisition of Gravity Water Intermediate Holdings LLC, expanding its midstream capabilities in the Permian Basin.
PacificLight Power Gets Nod for Hydrogen-Ready Gas Power Plant in Singapore
PacificLight Power (PLP) said on Friday it has received approval from the Singapore government to build a new hydrogen-fueled gas power plant on Jurong Island.
Owner Fights for Release of Oil Tanker Seized in Finland's Baltic Cable Damage Probe
The owner of an oil tanker seized by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea last week is seeking the release of the ship, a lawyer representing the company said on Monday.
EIA: U.S. Crude Stocks Drop While Gasoline and Distillate Inventories Surge
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending December 27, the Energy Information Administration (EIA) said on Thursday.
Fire Extinguished at Valero's Three Rivers Refinery, No Injuries Reported
A large fire was extinguished at Valero's 89,000 barrel per day Three Rivers refinery in Texas on Wednesday evening, local media reported.
Oil Prices Rise as Markets Eye China's Growth Outlook and Geopolitical Risks
Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China's economy and fuel demand following a pledge by President Xi Jinping to promote growth.
Pembina Completes Kaybob Complex Acquisition, Expands Infrastructure in Karr and Gold Creek Areas
Pembina Pipeline Corp. has completed the acquisition of a 50% working interest in Whitecap Resources Inc.'s 15-07 Kaybob Complex located in Alberta, Canada, as announced by Pembina Gas Infrastructure Inc.
U.S. Oil Executives See Faster Permitting Under Trump: Dallas Fed
U.S. energy executives expect faster permitting times for drilling on federal lands under President-elect Donald Trump, according to a Federal Reserve Bank of Dallas survey released on Thursday.
Four Petroleum Liquids Pipelines Completed in U.S. Since Last Year
Four new petroleum liquids pipelines, including three crude oil projects and one hydrocarbon gas liquids (HGL) pipeline, have been completed in the U.S. since 2023, according to data from the U.S. Energy Information Administration’s (EIA) updated Liquids Pipeline Projects Database.
EPA Issues First Underground Injection Permits for Carbon Storage in California
The U.S. Environmental Protection Agency has issued its first Underground Injection Control Class VI well permits in California, allowing for carbon sequestration at a site in Kern County.
EQT Finalizes $3.5 Billion Midstream JV with Blackstone Credit
EQT Corp. has completed the formation and funding of its midstream joint venture (JV) with Blackstone Credit & Insurance (BXCI), the company announced on Dec. 30.
BP's GTA Project Delivers First Gas for Senegal and Mauritania
The Greater Tortue Ahmeyim (GTA) gas project developed by BP and partners has produced its first gas from an offshore field in Senegal and Mauritania, the two countries' energy ministries said.
Russian Gas Era in Europe Ends as Ukraine Stops Transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets.
Subsea7 Wins IRM Contract for Sakarya Gas Field Offshore Turkey
Subsea7 has been awarded a contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair, and maintenance (IRM) services for the Sakarya gas field in the Black Sea, the company said on Dec. 30.
BW LPG Finalizes Acquisition of 12 VLGCs from Avance Gas
BW LPG has completed its $1.05 billion acquisition of 12 Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd., following the delivery of the final vessel, BW Avior, on Dec. 31.
Williams Places Transco’s Southside Expansion Project in Service, Adds 423 MMcf/d Capacity
Williams has announced that its Southside Reliability Enhancement project is now fully operational, increasing natural gas capacity in North Carolina and Virginia.
ONEOK Finalizes $1.2 Billion Sale of Natural Gas Pipelines to DT Midstream
ONEOK Inc. has completed the sale of its three interstate natural gas pipeline systems to DT Midstream Inc. for $1.2 billion in cash. The deal included the Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission systems.
FERC Rejects Effort to Regulate Williams’ Gathering Line
(P&GJ) — The Federal Energy Regulatory Commission (FERC) just gave a big boost to interstate pipelines that are considering new connections between shale fields and customers.
Spotlight on Mexico: Construction on Centauro del Norte Pipeline Begins
Nine months after signing the agreement with the Federal Electricity Commission (CFE), Grupo Carso began construction of the first section of the Centauro del Norte Gas Pipeline (GCN) located in Baja, California.
Baker Hughes to Supply Key Equipment for Woodside LNG Project in Louisiana
Baker Hughes has secured a contract from Bechtel Energy to provide liquefaction equipment for two plants as part of Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Steelhead LNG Files Lawsuit Against Cedar LNG, Pembina, and ARC Resources
Steelhead LNG, a Vancouver-based liquefied natural gas developer, has initiated legal proceedings in British Columbia against Cedar LNG, Pembina Pipeline Corporation, and ARC Resources Ltd., alleging unauthorized use of proprietary information related to LNG facility development.
U.S. Natural Gas Prices See Best Year Since 2016 as LNG Export Demand Surges
U.S. natural gas futures retreated on Tuesday as traders booked profits after prices surged to a two-year peak in the previous session, though the market looked set for its biggest annual jump since 2016 fueled by an increase in gas flowing to liquefied natural gas (LNG) export plants on higher overseas demand.
Zoo Zaps Gas Line Woes Using Plastic Pipe
(P&GJ) — The latest renovation at the Baton Rouge Zoo included an important one that visitors will never see. Buried under the canal at the entrance is a new natural gas supply pipeline that will also protect the zoo and the more than 200,000 annual visitors.
Chart Industries Secures Equipment Order for Woodside LNG Project
Chart Industries Inc. has been selected to supply liquefaction technology and equipment for Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Hexagon Agility Secures $11 Million Order for Natural Gas Modules
(P&GJ) — Hexagon Agility, a division of Hexagon Composites, has secured a $11.2 million order for its Mobile Pipeline TITAN 450 modules from a prominent U.S.-based oilfield services company.
Iraq Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.
Court Temporarily Halts Construction of Tennessee Pipeline
(P&GJ) — Environmental opposition continues to bedevil proposed pipeline projects, both at the state and federal level, and Kinder Morgan’s Tennessee Gas Pipeline Company’s Cumberland Pipeline project is the latest poster child.
Cheniere Produces First LNG at Corpus Christi Stage 3 Project
Cheniere Energy on Monday said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.
Whiting Refinery Back to Normal Following Pipeline Leak, BP Says
BP's 435,000-barrel-per-day (bpd) Whiting, Indiana, refinery was operating normally following a leak from a pipeline that transports liquid material, the company said.
U.S. Natural Gas Prices Surge 23% Amid Cold Snap, Rising LNG Demand
U.S. natural gas futures soared more than 23% on Monday to mark their biggest daily percentage increase in two months, fueled by forecasts for more cold weather in January and an increased amount of gas flowing to liquefied natural gas (LNG) export plants.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
