Business & Markets

Plains All American to Remove Steel Tariff Surcharge on Cactus II

Plains All American Pipeline filed with U.S. regulators to remove a proposed surcharge on its Cactus II oil pipeline, tacked on as a result of the Trump administration’s tariff on imported steel.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Mexico Gets Deal with Final Holdout Firm in Pipeline Contract Dispute

Mexico's government has reached a deal with infrastructure firm Fermaca in its renegotiation of natural gas pipeline contracts signed under the last government, Mexican President Andres Manuel Lopez Obrador said on Wednesday.

Pipelines Emerging in Africa’s Quest for Gas Power

Despite the many advances in the electrification of Africa, much of the continent has yet to be connected to the grid or have access to reliable and affordable power supplies. According to World Bank figures, Africa’s electrification rate is just 42%.

Natural Gas-Burning Power Plant Operations Vary During Cold Weather

Power generation in New England and New York is largely dependent on natural gas, which accounts for more than half of the region’s electricity generating capacity.

New Pipelines Open Permian Tap as Demand Outlook Grows Cloudy

After scrambling to catch up with fast-growing Permian Basin crude oil production, pipeline operators appear to be entering a period of excess takeaway capacity with the completion of new and expanded systems this year.

PHMSA Likely to Accelerate LNG Rail Shipments

Environmentalists are broadening their opposition to natural gas transportation beyond pipelines by opposing the shipment of LNG on rail cars.

South Africa Targets First LNG Import Terminal by 2024

State-owned freight logistics firm Transnet plans to launch a tender next year for South Africa’s first terminal to import liquefied natural gas (LNG) at Richards Bay port, with first gas expected to land in 2024, a senior official said.

Israel Expects to Begin Gas Exports to Egypt By Year End

Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt and expects to begin exports by year end. That schedule was reaffirmed by Israeli Energy Minister Yuval Steinitz, who told Reuters in late July that gas exports to Egypt would begin within four months.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

Trafigura's U.S. Crude Exports Account for Over a Quarter of U.S. Total

Commodity trader Trafigura's exports of U.S. crude now account for over a quarter of the country's total since the new Cactus II pipeline started last month, the company's co-head of oil said, making the firm the single biggest exporter.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

India, Nepal Open South Asia’s First Cross-Border Oil Pipeline

India and Nepal officially opened South Asia's first cross-border oil pipeline on Tuesday, a project seen as part of New Delhi's efforts to increase its influence in the Himalayan nation where China is also making deep inroads.

China's August Crude Imports Rise Amid Fuel Surplus

China's crude oil imports gained about 3% in August from a month earlier, customs data showed on Sunday, buoyed by a recovery in refining margins despite a persistent surplus of oil products and tepid demand.

Putin Pushes For Potential Gas Pipeline Through Mongolia

Russian President Vladimir Putin told the head of state-controlled Gazprom to consider making Russian gas exports to China via Mongolia, the Kremlin said on Monday.

Pipeline Operator EMG Signs Terminal Deal for Israel-Egypt Gas Exports

The East Mediterranean Gas (EMG) pipeline operator signed a deal to use a terminal belonging to Israel’s Europe Asia Pipeline Company (EAPC) for the export of natural gas to Egypt, the companies said on Sunday.

Sources: Italy's Snam Seeks U.S. Footprint With Bid for Midwest Gas Pipeline

Italy’s Snam is working on a bid for a stake in a $6 billion natural gas pipeline in the United States in what would be the gas group’s first foray outside Europe, four sources told Reuters.

Freeport LNG Ships First Commissioning Cargo From Texas Facility

The Freeport liquefied natural gas (LNG) project in the United States has shipped its first commissioning cargo, adding to the glut of supply of the super-chilled fuel globally.

Shell Delays U.S. Lake Charles LNG Export Project to 2025

Royal Dutch Shell has asked to extend the time by which it should complete its planned LNG export project in Louisiana with partner Energy Transfer by five years to 2025, regulatory filings showed.

Texas Waha Gas Prices Rise Ahead of Gulf Coast Pipeline Start-Up

Spot natural gas prices at the Waha hub in the Permian basin in West Texas rose to their highest since March as Kinder Morgan Inc’s new Gulf Coast Express pipeline prepares to enter service over the next month.

Hong Kong Billionaire Offered $9.4 Billion for Canada's Inter Pipeline: Globe and Mail

Canada’s Inter Pipeline Ltd rejected a C$12.4 billion ($9.37 billion) buyout offer from Hong Kong billionaire Li Ka-Shing’s CK Infrastructure Holdings Ltd in July, the Globe and Mail reported late on Thursday, citing sources familiar with the two companies.

Dozens of Enbridge Oil Shippers Divided Over New Proposed Shipping Contracts

More than two dozen oil companies wrote to Canada’s energy regulator on Thursday to support or oppose it intervening in Enbridge Inc’s contentious proposal to overhaul shipping contracts on the Mainline pipeline network.

Corpus Christi Crude Loadings Hit Record as New Texas Pipelines Open

U.S. crude oil loaded onto vessels at Corpus Christi, Texas, last week hit an average 1 million barrels per day (bpd) following the opening of new pipelines from West Texas shale fields, according to consultancy RBN Energy.

NuStar Completes Pipeline Projects, Begins Moving Volume

NuStar Energy has announced that it has completed and is moving volumes on three key pipeline projects that will significantly expand the partnership's capacity to move Permian crude oil to Corpus Christi for export, and to move refined products into Northern Mexico.

Suncor CEO Sees Increased Political Risk for Keystone XL

Canada's second-largest oil producer, Suncor Energy, believes the political situation in the United States has increased the risks to companies counting on construction of TC Energy Corp's proposed Keystone XL oil pipeline, its chief executive said on Wednesday.

Antin Infrastructure Looks to Sell Major UK Gas Pipeline

Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said.

Williams Completes Rivervale South to Market Project

Williams announced today that it has successfully placed into full service its Rivervale South to Market project – an expansion of the existing Transco natural gas pipeline system to meet growing heating and power generation demand for northeastern consumers.

Clean-Up of Polish Section of Druzbha Pipeline Could Take a Year

The operator of the Polish section of the Druzbha oil pipeline said on Tuesday that it could take up to a year to completely clean its part of the network.

U.S. LNG Grabs 10% of Market as Jan-Aug Exports Equal 2018 Volumes

U.S. exports of liquefied natural gas (LNG), negligible just three years ago, now amount to 10% of the global market and at 22 million tons so far this year are equal to the total volumes pumped out in 2018, Refinitiv data showed on Tuesday.

Cheniere Completes Second Train at Corpus Christi LNG Project

Cheniere Energy, the largest U.S. exporter of LNG, on Tuesday announced that Train 2 of its Corpus Christi, Texas, liquefaction project has been declared substantially complete.