Companies
Chevron Tightens Belt Again with Billions in Spending Cuts
Chevron has cut billions off its long-term capital and exploratory budget, even after a major restructuring of its operations, but plans more Permian and GOM spending in 2022.
Magellan Midstream to Boost Loading capacity at Cheyenne Terminal
Magellan Midstream Partners said it will invest $4.65 million to increase truck loading capacity at its refined oil products terminal in Cheyenne, Wyo., by more than 50%.
Mexico Shuts Off Natural Gas Supply to Brazil's Braskem
Mexico has cut off natural gas supply to Braskem's Mexican operations, the company and government said, intensifying a dispute between President Andres Manuel Lopez Obrador and the Brazilian petrochemical company.
Enbridge Starts Construction on Line 3 Pipeline in Minnesota
Enbridge began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from lactivist and Indigenous groups.
Fire Shuts Equinor Gas Processing Terminal, Methanol Plant
A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.
Gassco Changes Make Norway Gas Flows Harder to Gauge - Analysts
Norwegian gas pipeline operator Gassco launched a revamped data website this week that switches away from live physical flows, drawing criticism from analysts who say it has reduced transparency in a key energy market.
Tellurian Withdraws Application for Permian Global Access Pipeline
LNG developer Tellurian Inc told federal energy regulators it wants to withdraw its application to build the Permian Global Access natural gas pipeline in Texas and Louisiana.
Simoes Succeeds Gentle as Tellurian CEO
U.S. LNG developer Tellurian said its president and chief executive, Meg Gentle, is leaving the company and will be succeeded by Octavio Simoes, previously executive vice president of LNG Marketing and Business Development.
Anti-Pipeline Activists Face Terrorism Charges for Rail Scheme
Federal authorities in Seattle have charged two people with a terrorist attack on train tracks, suggesting they were motivated by opposition to a natural gas pipeline when they interfered with the operation of a railroad in Washington state.
Family of Jailed Houston Oil Exec Asks for Venezuelan Leader's Mercy
The family of a Houston-based Citgo oil executive convicted and ordered to prison in Venezuela alongside five others appealed directly to President Nicolás Maduro for mercy.
Minnesota Tribes File to Halt Line 3 Pipeline Approval Due to Virus
Two Native American tribes in northern Minnesota are asking state regulators to stop the imminent construction of Enbridge Energy's Line 3 crude oil pipeline replacement, saying it would increase the risk of coronavirus infections spreading.
Gazprom Swings to Q3 Net Loss of $3.3B, Raises 2020 Exports Outlook
Russian gas giant Gazprom reported a loss of 251.3 billion roubles ($3.3 billion) for the third quarter due to the weak rouble, the company said on Monday, while it also raised its outlook for gas exports to Europe, a key source of revenue.
Nord Stream 2 to Resume Pipelaying This Year
Russia's Nord Stream 2 said it plans to resume pipelaying work on the short, final stretch of the stalled Moscow-backed gas pipeline to Europe, in spite of U.S. sanctions.
Norway's DNV GL Suspends Nord Stream 2 Work over U.S. Sanctions Fear
Norway's risk management and quality assurance firm DNV GL said it has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States.
ExxonMobil to Cut up to 300 Jobs in Canada
ExxonMobil said Wednesday that it plans to eliminate up to 300 jobs in Canada by the end of 2021 as part of its ongoing efforts to lower costs. It said the global pandemic has increased the urgency of its cutbacks.
Enbridge Sues Michigan Over Oil Pipeline Shutdown Order
Enbridge filed a legal challenge to Michigan Gov. Gretchen Whitmer's recent demand that the company shut down its Line 5 oil pipeline that crosses the waterway connecting Lake Huron and Lake Michigan.
Canada Regulators Support NOVA's Edson Pipeline Expansion
The Commission of the Canada Energy Regulator has recommended federal cabinet approval of NOVA Gas Transmission Ltd.'s Edson Mainline Expansion Project.
Eni's Brass River Crude Exports Halted after Pipeline Explosions
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, a source with direct knowledge of the matter said.
Corps of Engineers Grants Final Federal Permit for Enbridge Line 3
The U.S. Army Corps of Engineers approved the final federal permit for Enbridge Energy's planned Line 3 crude oil pipeline replacement across northern Minnesota, bringing the project a step closer to construction.
Williams Restructures Contracts with Bankrupt Chesapeake
Pipeline operator Williams Companies said on Monday it will take ownership of some of Chesapeake Energy Corp's assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.
Enbridge Adds Solar Facilities to Power Pipeline Operations
Enbridge is adding solar energy facility to help power its natural gas pipeline compressor stations, citing a recent pledge to green its operations.
Russia's Payments to Belarus for Contaminated Oil Still Unresolved
Russia and Belarus have yet to resolve differences over compensation for contaminated oil supplies last year, with the issue linked to a broader dispute between the ex-Soviet republics, industry sources said.
Court Allows Construction to Continue on Mountain Valley Pipeline
The U.S. Fourth Circuit Court of Appeals rejected a motion to stay a permit for the $5.8-$6.0 billion Mountain Valley natural gas pipeline from West Virginia to Virginia.
Venture Global Delays Plaquemines LNG Export FID to 2021
Sempra Energy's Costa Azul liquefied natural gas plant in Mexico will be the only North American LNG export project to go forward this year now that Venture Global delayed its plan to start on its proposed Plaquemines project in Louisiana until 2021.
TC Energy: Keystone XL Pipeline Fits Biden Agenda
The creation of union jobs and support by Indigenous investors will help convince U.S. President-elect Joe Biden that the Keystone XL pipeline fits into his “Build Back Better” agenda, an executive with TC Energy said.
First LNG Trains Delivered to Calcasieu Pass from Italy
Venture Global LNG moved a step closer to startup of its Calcasieu Pass LNG export facility with Baker Hughes’ delivery of the first two pre-built liquefaction trains to the project site in Cameron Parish, La.
Companies
Artera Services Acquires Otis Eastern (photo: Otis Eastern/Artera) Artera Services, a natural gas and electric infrastructure services company, has completed the previously announced acquisition of Otis Eastern Service. Founded in 1936 and acquired by c..
Handling Pipe Remains Long-Standing Business for Montgomery Family
After startup in 1945 in Odessa, Texas, the family-owned pipeline stringing business that became MTI Logistics quickly expanded to unloading and stockpiling, and handling and storage of line pipe for construction projects.
Sonatrach to Expand Pipeline Network in New Contracts
Algeria’s national integrated oil and gas company Sonatrach’s short- to medium-term investment strategy has moved a notch higher after it signed contracts with six companies for construction of midstream, upstream and downstream projects
Projects
Jemena Reveals Plans to Extend Eastern Gas Pipeline Newcastle and the Central Coast may soon be integrated further into Australia’s East Coast gas grid with leading energy infrastructure company, Jemena, today revealing plans to extend its 495-mile (797-km) Eastern Gas Pipeline (EGP) from Horsley ..
- FERC Approves TC Energy's 1,377-Mile West Coast Pipeline Expansion
- Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
- Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
- Mountain Valley Pipeline Sues Protesters Hindering $7.2 Billion Construction Project
