Business & Markets

Enterprise, Oxy Low Carbon Ventures to Collaborate on Houston Area CO2 Project

Oxy Low Carbon Ventures (OLCV) and Enterprise Products Operating LLC have signed a letter of intent to work toward a potential CO2 transportation and sequestration solution for the Texas Gulf Coast.

Poland: Russia Threatened to Halt Yamal Pipeline Gas Wednesday

Gazprom said it will halt natural gas supplies along the Yamal pipeline from Wednesday morning, Poland's PGNiG said, although the Polish government said it had sufficient reserves.

Floating LNG Terminal to Enter Operation at Start of 2023 in Germany

A floating LNG gas terminal will enter operation at the start of 2023 in the German state of Schleswig-Holstein, feeding 5 billion cubic meters of gas into the German gas grid annually.

Application of Pipeline Cleaning Robot in Liquefied Natural Gas Pipelines

Pipelines used to provide gas for the production of LNG use many butt-jointed valves. Similarly, when welding the valves, debris for grinding and welding spatter slag and dust will remain inside the pipes.

S.Africa's Transnet Plans Tender for New Richards Bay LNG Terminal

South Africa's state-owned freight logistics firm Transnet said it will go to the market within weeks for a new LNG terminal to be built at the east coast Richards Bay port by 2026

Permian Highway Pipeline Launches Binding Open Season for Expansion Project

Permian Highway Pipeline has launched a binding open season to solicit commitments for an expansion project that will increase natural gas takeaway from the Permian Basin to the Gulf Coast.

TC Energy Forms Partnership to Develop Renewable Natural Gas Transportation Hubs

TC Energy and GreenGasUSA plan to develop a network of natural gas transportation hubs, including RNG. The hubs will be under development in several states along TC Energy’s 32,700-mile U.S. natural gas pipeline system.

Gazprom May Lose a Third of Its Gas Exports to Europe in 2022 — Analysts

Gazprom's gas exports to Europe could fall by around a third this year due to the crisis in Ukraine, rivalry with LNG, and plans to switch to ruble payments, analysts said.

Technip Energies Sees 'Complicated' Road Ahead for Russia's Arctic LNG 2 Project

Technip Energies expects the latest European sanctions against Russia to have a more direct impact on the execution of LNG project Arctic LNG 2.

Shell in Talks with Chinese Firms to Sell Stake in Russian Gas Project

Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine.

Moldova Pays Russia's Gazprom in Full for April Gas Supplies

Moldova has paid Russian gas producer Gazprom in full for its gas consumption in April, the head of state energy firm Moldovagaz Vadim Ceban said.

Rising Calls for US LNG to Revive Stalled Export Projects, But at Higher Costs

Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track.

Synthica Energy to Convert Stillage into Renewable Natural Gas at Kentucky Facility

Synthica Energy has entered the permitting phase of development for a new anaerobic digestion facility in Kentucky’s famed distillery region, which will focus on converting distillery byproducts (stillage) into Renewable Natural Gas (RNG).

Portuguese-Danish-Dutch Consortium Plans $1.1 Billion Hydrogen Plant in Sines

Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners and Dutch firm Power2X plan to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.

NextEra Posts Quarterly Loss After Taking Hit from Natural Gas Prices

NextEra Energy Inc. took losses of $1.77 billion on some of its hedges as natural gas prices shot up during the period and was also hit by a $600 million after-tax impairment on its investment in the Mountain Valley Pipeline.

Catalan Leader Confident MidCat Gas Pipeline Will Be Built This Decade

The head of the regional government of Catalonia is confident a pipeline to ship gas and potentially green hydrogen from the northeastern Spanish region to France will be built this decade.

Pipeline Operator Kinder Morgan's Profit Sinks on Lower Crude Volumes

Kinder Morgan Inc. reported a nearly 53% plunge in quarterly profit on Wednesday as the U.S. pipeline operator transported lower volumes of crude and condensate.

Exxon Sees Carbon Capture Market at $4 Trillion by 2050

Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, which is about 60% of the $6.5 trillion market it estimates for oil and gas by then.

Natgas Pipeline Explosion Injures Two at Louisiana Air Force Base

The incident occurred on a 10-inch (25.4 cm) natural gas gathering line located on the base, a spokesperson for Energy Transfer LP said, adding, "the line was immediately shut in and the area is secure."

US Natgas Futures Beat Sharp Retreat, Shed 10%

U.S. natural gas futures fell 10% on Tuesday, in a technical correction aided by a shift to a slightly warmer weather outlook after expectations of a cold snap sent prices soaring to an over 13-year peak in the last session.

Summit Says Carbon Pipeline Project Has Secured 20% of Iowa Route

Summit Carbon Solutions, the developer of what would be the world's largest carbon capture project, said it has secured 20% of its pipeline route in Iowa, the state that would host the longest stretch of pipe.

Cheniere Launches Program to Monitor GHG Emissions on Natural Gas Systems

Cheniere Energy Inc. has entered a collaboration with natural gas midstream companies to implement quantification and monitoring of GHG emissions on natural gas gathering, processing, and storage systems.

Short-Term Energy Outlook Heavily Influenced by Russia’s Invasion

EIA’s March Short-Term Energy Outlook (STEO) addresses heightened levels of uncertainty resulting from a variety of factors, including Russia’s further invasion of Ukraine.

Engineering Renewable Natural Gas Solutions

Environmental regulations across the globe are mandating the reduction of greenhouse gas emissions, and methane is a particularly high-profile target due to its high global-warming potential (GWP).

Denmark to Boost North Sea Gas Production to Quit Russian Supply

Denmark's government on Tuesday said it aimed to temporarily increase production of natural gas from its fields in the North Sea, in a move to rapidly become independent of Russian supplies.

US To Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge

The plan calls for the government to lease fewer acres for drilling than initially proposed, charge steeper royalties to oil and gas companies, and assess the climate impact of developing the acreage.

Russian Gas Nominations for Slovakia, Yamal Reverse Flows Steady

Daily nominations for Russian natural gas deliveries to Slovakia via Ukraine were broadly steady over the weekend, and eastbound gas flows to Poland via the Yamal pipeline were also unchanged.

Greek Recoverable Gas Reserves Seen Topping 600 Bcm, Commission Says

Greece could be sitting on tentative recoverable gas reserves of more than 600 billion cubic meters, as Athens accelerates gas exploration to cut its reliance on Russian energy.

Japan To Boost Investment Role in LNG Projects to Boost Offtake

Japan plans to step up its investment role in projects for LNG, to spur new development and boost fuel offtake by its companies.

Cheniere Energy Exec Says Surging US Natgas Prices Will Spur Production

Cheniere Energy said on Thursday surging U.S. natural gas prices reflect past underinvestment followed by "a demand shock" as Europe weans itself off Russian gas, and that high prices will spur more production.