Business News
And Our Readers Say …
A recent survey of Pipeline & Gas Journal readers showed a clear majority of respondents believe the lingering effects of the coronavirus and recent developments concerning Dakota Access and Atlantic Coast pipelines have dealt a serious one-two punch to midstream businesses.
Oil Falls after Saudi Cuts Prices, China Slows Imports
Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market's recovery.
Hungary Signs Gas Deal with Shell, its First in the West
Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.
Germany Pressed to Rethink Nord Stream 2 Pipeline After Navalny Poisoning
The German government is feeling pressure to dampen its support for the Kremlin's Russia-Germany Nord Stream 2 gas pipeline after a major political opponent to Russian President Vladimir Putin was confirmed to have been poisoned with a Soviet-era nerve agent.
Police Investigating Bomb Hoax at Texas Pipeline Construction Site
State and federal law enforcement officials are investigating a device made to look like a bomb that was placed near a construction site for Kinder Morgan's Permian Highway Pipeline in Texas.
U.S. Department of Interior Requests Expedited Environmental Reviews for Energy Projects from Trump Administration
The U.S. Department of Interior has asked the Trump Administration to fast track environmental reviews for several major energy and infrastructure projects, including LNG facilities and pipelines.
Texas Authorities 'Neutralize' Suspicious Package Near Pipeline Construction Site
Authorities in Texas removed a suspicious package near a construction site for Kinder Morgan's Permian Highway Pipeline on Tuesday.
Register for the Virtual Pipeline Opportunities Conference-EMEA
The POC-EMEA virtual conference is free to attend and will feature live and recorded sessions, allowing you the ability to tune in where you are, at a time that is convenient.
U.S. Army Engineers Encourage Settlement in Dakota Access Pipeline Litigation
The U.S. Army Corps of Engineers has urged the federal government to settle a dispute with North Dakota over the state's pursuit of $38 million to recover costs associated with the protests of the Dakota Access Pipeline in 2016 and 2017.
Brazil's Lower House to Vote on End to Petrobras Virtual Gas Monopoly, Encourage Pipelines
The lower house of Brazil's parliament is set to vote soon on legislation that would end the state-owned energy company Petrobras' virtual monopoly of the natural gas industry, opening up the sector, including pipelines, to private investment.
Phillips 66 Partners Announces Open Season for Gray Oak Pipeline
Gray Oak Pipeline has launched an open season to solicit transport interest on the Phillips 66 pipeline from West Texas to a new destination in Victoria, TX.
Pipeline Conference To Explore Germany’s Hydrogen Grid
Join the inaugural Pipeline Opportunities Conference – EMEA (POC-EMEA) from your home or office on September 17 and gain insight into the ongoing challenges operators and service companies face in the region.
Cheniere Says no Storm Major Damage to Sabine Pass Facility, Pipelines
Cheniere Energy, the largest U.S. LNG producer, said on Monday that the company's Sabine Pass LNG facility and pipeline assets were not significantly damaged by Hurricane Laura.
Storm Knocks Out U.S. Gulf of Mexico Natural Gas Pipeline
Enbridge reported on Monday that the company's natural gas pipeline which serves four offshore production platforms in the U.S. Gulf of Mexico remained out of commission after Hurricane Laura devastated the area.
U.S. Regulator Backs Energy Transfer in Chesapeake Pipeline Dispute — Court Filing
Energy regulators sided with pipeline firm Energy Transfer in a dispute with bankrupt producer Chesapeake Energy after Chesapeake requested the cancellation of a $300 million transfer contract.
Regulators Approve Two Pipeline Projects in North Dakota
Regulators in North Dakota have approved two pipeline projects in the state.
U.S. Court Rejects Bid to Halt Kinder Morgan Gas Pipeline
A judge in Austin, TX has rejected efforts by environmental groups to halt construction of Kinder Morgan's $2.3 billion Permian Highway natural gas pipeline.
High Storage Levels Mean Weak Gas Prices Expected for European Winter
Analysts are expecting weak gas prices in the European market over the winter season as storage levels are already nearly full due to a sharp drop in demand early this year as countries went into lockdown to prevent the spread of the coronavirus.
Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand
An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.
U.S. Energy Exports Severely Disrupted by Hurricane Laura
Hurricane Laura severely impacted U.S. oil and gas exports this week as the Category 4 storm forced the closure of several facilities on the country's Gulf Coast.
Hydrogen Delivers New Future for Holland’s Pipeline Network
The European Union’s ambitious decarbonization policies and plans for a green economic recovery will have repercussions on the continent’s pipeline networks, none more so than Holland’s.
Europe Faces High Hurdles to Make Hydrogen Hype Reality
The European Union's goal to increase the use of zero-carbon hydrogen faces steep challenges as the move would require billions in investments from countries already reeling from the economic fallout of the coronavirus pandemic.
Philippine Energy Chief Says LNG Projects Still on Track Despite Virus Delays
Four LNG import projects in the Philippines are still on track for approval despite "minor delays" due to the coronavirus pandemic, the country's energy secretary said on Thursday.
U.S. Army Corps Asks Appeals Court to Reverse Dakota Access Ruling
The U.S. Army Corps of Engineers has asked a court of appeals to reverse a ruling against the Dakota Access pipeline which invalidated an environmental permit that allowed the pipeline to operate on U.S. land.
Pipeline Tunnel Supporters, Foes Clash Before Michigan Panel
Supporters and opponents of a tunnel to house an oil pipeline crossing the Straits of Mackinac in Michigan appeared before a regulatory panel on Monday to present their arguments.
Hurricane Laura Poses Biggest Storm Threat to U.S. Oil and Gas in 15 Years
The oil and gas industry is shutting down production at facilities on the Texas and Louisiana Gulf Coast at a rate not seen since 2005's Hurricane Katrina as the region prepares for Hurricane Laura.
Investigation into Baltimore Explosion Finds Gas Utility Equipment Not to Blame
An investigation by Baltimore Gas and Electric into a recent fatal gas explosion in the city discovered that the company's pipes and equipment were not responsible for the blast.
Blackstone to Sell 40% Stake in Cheniere Limited Partnership
The Blackstone Group announced on Monday that it will sell about 40% of its stake in its limited partnership with Cheniere Energy.
Draft of EU Methane Strategy Shies Away from Binding Emissions Standards
A draft of the European Union's strategy to reduce methane emissions in the region will not impose binding standards on natural gas imported and sold in the bloc.
4 People Missing After Natural Gas Pipeline Explosion at Texas Port
Four people are missing after a dredging vessel hit a natural gas pipeline causing an explosion at a port in Texas.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
- Chevron CEO Wirth Under Fire as Hess Deal Delay Drags Down Stock Performance
