Business News
Pennsylvania AG Charges National Fuel Gas Supply with Environmental Crimes
Pennsylvania's Attorney General has announced he is charging National Fuel Gas Supply Co and subcontractor Southeast Directional Drilling with environmental crimes.
Zurich Insurance Drops Coverage for Trans Mountain Oil Pipeline
Insurance company Zurich has declined to renew its coverage of the Trans Mountain oil pipeline.
Global Gas Flaring Hit Highest in Over a Decade in 2019 — World Bank
The World Bank has released data revealing that global gas flaring reached its highest levels in over a decade last year, with the U.S. accounting for nearly a quarter of the year-on-year increase.
New Mexico Proposes Crackdown on Methane Emissions
New Mexico has proposed a new set of rules that would require oil and gas producers in the state to capture at least 98% of methane emissions by 2026.
Tellurian, Petronet Renew LNG Investment Deal — Sources
Sources report that India's Petronet LNG has renewed a deal with U.S.-based Tellurian LNG to purchase gas from Tellurian's massive Driftwood export project.
Delayed Romanian Black Sea Gas Projects Pose Risk to Pipeline
Romania is looking to finalize plans to build a pipeline through Eastern Europe but delayed plans to extract gas from the Black Sea leave the project in doubt.
Snam and Baker Hughes Test First Hydrogen Hybrid Turbine for Gas Transportation
Snam and Baker Hughes have announced the successful completion of testing for a new "hybrid" turbine that will allow pipelines to carry hydrogen along with natural gas.
Israel Approves Pipeline Deal to Sell Gas to Europe
Israel has approved an agreement with European countries to build the Eastmed pipeline to supply gas to Europe from the eastern Mediterranean.
Chevron to Buy Noble in Biggest U.S. Energy Deal Since Oil Crash
Chevron said on Monday it would buy Noble Energy for about $5 billion, in the biggest U.S. energy deal since the coronavirus crisis crushed global demand for oil and sent crude prices to historic lows.
Michigan Asks Enbridge to Pledge Funds in Case of Oil Spill
Michigan officials have asked Enbridge to set aside nearly $2 billion to cover the costs should a spill occur in the portion of its Line 5 oil pipeline which runs under the Straits of Mackinac.
ChemChina Buys Gazprom Neft's First Arctic Oil Cargo for China — Sources
Gazprom Neft has sold its first ever oil cargo to China to be delivered via Arctic shipping routes to ChemChina according to sources.
Trump Revamps Key Environmental Law in Bid to Fast Track Pipelines
President Trump announced plans on Wednesday to expedite the permitting process for major infrastructure projects, including oil and gas pipelines.
OPEC+ Eases Record Oil Cuts as Economy Recovers from Pandemic
OPEC and its allies have agreed to ease production cuts established earlier in the year as the global economy begins to recover from the coronavirus pandemic but fears of a second wave of infections could hamper the market recovery.
U.S. Extends Sanctions on Companies for Work on Russian Pipelines
U.S. Secretary of State Mike Pompeo announced on Wednesday that the country will be extending sanctions against companies working on two major Russian pipelines if the firms do not halt their work.
U.S. Appeals Court Grants Dakota Access Temporary Stay of Shutdown Order
A U.S. appeals court has granted the Dakota Access pipeline a temporary stay to allow the line to continue flowing during the legal proceedings.
Guest Commentary: The Two-Front War on Pipelines
Pipeline opponents have raised their game, skillfully and aggressively scoring wins against projects on two fronts: in the courts and regulatory proceedings on both the federal and state sides.
DNV GL Certifies Carbon Fiber PA12 for Thermoplastic Composite Pipe
In February, several years of hard work paid off for the pioneers of TCP with the release of the first full-carbon, fiber-based material qualification certificate that complies to the DNV GL ST-F119 TCP industry qualification standard.
Senate Water Infrastructure Bills Pass Committee
Two separate bills passed by the Senate Environment and Public Works Committee will increase authorization levels for the Environmental Protection Agency’s Clean Water and Drinking Water State Revolving Funds.
FERC Policy Statement on ROE Favors Pipelines
A new FERC policy on interstate oil and gas pipeline return on equity (ROE) follows a similar policy concerning utility lines but allows for the differences between the two industries.
Kinder Morgan Says 7th Elba Island Unit Ready
Kinder Morgan has asked regulators to approve the 7th liquefaction train at its Elba Island LNG export facility in Georgia.
FERC Approval Gives Alaska LNG 10 Years to Start Operations
Federal authorization for the Alaska liquefied natural gas (LNG) project sets a 10-year deadline to start operating the gas pipeline and liquefaction plant, twice as much time as regulators have generally allowed for other U.S. LNG export terminal developers to build multibillion-dollar facilities.
A Little Good News from Back East
The pipeline industry in the U.S. Northeast finally got some positive news on the permitting front, when New Jersey Natural Gas (NJNG) received the go-ahead to move forward with construction work on a controversial 30-mile (48-km) section of the Southern Reliability Link (SRL) pipeline in New Jersey.
Oil Rises as International Energy Agency Boosts Demand Forecast
The International Energy Agency increased its outlook for 2020 fuel demand causing oil prices to rise on Friday but rising coronavirus cases in the U.S. tempered expectations for a quick recovery.
Energy Industry Veterans to Launch Hydrogen Investment Fund
As more governments are looking to hydrogen to fill in clean energy gaps, two energy industry veterans are planning to launch an investment fund focused on advancing use of the fuel.
U.S. Judge Rejects Latest Dakota Access Effort to Avoid Pipeline Shutdown
A federal court judge has rejected the latest request from Dakota Access to stay a shutdown order issued for the 570,000-bpd oil pipeline, allowing the company to appeal to a higher court.
Cyprus to Get First Natural Gas Import Terminal
Cyprus officially began work Thursday on the country's first-ever natural gas import terminal.
Dakota Access Seeks Stay of Pipeline Shutdown Order Pending Appeal
Dakota Access has asked a federal court to stay its previous order to shut down and empty the pipeline within 30 days while an appeal of the decision is decided.
Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion
Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.
U.S. Crude, Natural Gas Demand to Fall in 2020, Oil Decline Less than Forecast — EIA
New data released from the U.S. Energy Information Association forecasts a decline in domestic oil and natural gas production for 2020 with the decline in oil production to be less than previously forecast.
Judge Denies Dakota Access Initial Motion to Stay Pipeline Shutdown Order
A federal judge has denied a request from owners of the Dakota Access pipeline to stay a shutdown order passed down on Monday requiring the pipeline to be shut and emptied within 30 days.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Midstream Prepares for Trump's Upcoming Regulatory Changes
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
