Company News

Group of EU Lawmakers Seeks Probe of Gazprom's Role in Gas Price Surge

A group of European Parliament lawmakers has asked the European Commission to investigate Gazprom's role in soaring European gas prices, saying the company's behavior had made them suspect market manipulation.

Carbon Capture and Storage Gains Wide Industry Support in Houston

Eleven companies have agreed to begin discussing plans that could lead to capturing and safely storing up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons by 2040.

Maryland Cove Point LNG Export Plant to Start Work Next Week

Officials at Berkshire Hathaway Energy on Wednesday confirmed the pipeline and compressor station maintenance will start on Sept. 20 but would not confirm the shutdown of the liquefaction plant until about the day before an outage.

Spire Gets More Time to Operate Missouri St. Louis NG Pipeline

U.S. natural gas company Spire Inc. got permission from federal regulators on Tuesday to keep operating its STL natural gas pipeline in Missouri for another 90 days while regulators consider the next steps for the pipe.

Kinder Morgan, Neste to Retrofit Tank and Piping for Green Fuels Feedstocks

Pipeline operator Kinder Morgan Inc. plans to convert some Louisiana tank and piping infrastructure to hold used cooking oil and other feedstocks for Finnish renewable-fuels giant Neste, the companies told Reuters.

Chevron, Enterprise Explore Carbon Storage Business Opportunities

Projects resulting from the evaluation would seek to combine Enterprise’s extensive midstream pipeline and storage network with Chevron’s sub-surface expertise to create opportunities to capture, aggregate, transport and sequester carbon dioxide.

Companies in the News September 2021

Corrosion prevention and sealing products manufacturer Winn & Coales International (Denso) acquired the global Viscotaq business, including Amcorr Products and Services, which formulates and manufactures viscoelastic protective coating technology.    The patented Viscotaq product range provides sel..

Rotork GP Actuators Selected for Asian LNG Terminal

G P-range pneumatic actuators have been installed at a South Korean LNG terminal. The terminal houses four LNG storage tanks, each capable of storing up to 52.8 million gallons, a 45,000-ton liquefied petroleum gas tank and a regasification plant.

Detecting Slag Buildup on Ferrite Casings in Pipe Mills

A major challenge in producing good-quality pipe on a welded pipe mill is the buildup of slag on the ferrite bundle used inside the pipe. Slag is a mixture of metal oxides and silicon dioxide, which are byproducts of separating the steel from its raw ore.

What's New September 2021

News from Brooks, Enerpac, BPS, Esco Tool, Ralston, Sensirion and Sensor Networks.

Aramco Oil Pipelines Investors to Sell At Least $4 Billion in Bonds in Q4

A consortium led by EIG Global Energy Partners that took a stake in Saudi Aramco's oil pipelines is preparing to issue at least $4 billion in the fourth quarter to refinance a loan that largely funded the $12.4 billion deal, two sources said.

Exxon to Begin Certifying Some Shale Gas Emissions Amid Investor Pressure

Exxon Mobil Corp on Tuesday said it will begin measuring methane emissions from production of natural gas at a New Mexico facility, joining several shale gas producers seeking to provide the data to buyers.

Enbridge Bolsters U.S. Gulf Coast Export Capacity with $3 Billion Moda Midstream Buy

Enbridge Inc. said on Tuesday it was buying logistics company Moda Midstream Operating LLC for $3 billion in cash, gaining access to an export terminal in Texas that loaded more than a quarter of all U.S. Gulf Coast crude exports last year.

Black Sea Oil & Gas Project a Litmus Test for Romanian Offshore Gas Investment

Black Sea Oil & Gas is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains, it could impact its operations in the country.

NDT Global Appoints New President

NDT Global announced the appointment of Trevor MacFarlane to the role of president. MacFarlane was previously president and CEO of Dynamic Risk, a company acquired by NDT Global's parent company, Eddyfi/NDT, in March.

Brazil's Logum Makes 1st Ethanol Export to U.S. Using Pipeline to Port

The firm said the transport of the ethanol by pipelines, beyond the smaller cost and economies of scale, prevented the use of more than 700 trucks, estimating the operation avoided 2,000 tons of carbon emissions.

ConocoPhillips-Backed Solaris Readies IPO with Sustainability Pitch

ConocoPhillips-backed Solaris Midstream Holdings LLC, the water pipeline company serving the U.S. oil and gas fracking industry, is preparing for an initial public offering (IPO) that it hopes will attract sustainability-focused investors.

WhiteWater Announces Acquisition of Sendero’s Gateway Pipeline

WhiteWater announced the acquisition of Sendero’s Gateway Pipeline. The 24-inch Gateway Pipeline is connected to WhiteWater’s Agua Blanca natural gas pipeline system.

EIG Global Energy Partners Submits Offer for Petrobras Pipelines in Brazil

U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source said.

Five Killed in Mexico's Oil Platform Fire, Hammering Mexico Output

Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said.

Papua New Guinea Resumes Talks with Exxon on Gas Field Agreement

The Papua New Guinea government and U.S. oil major Exxon Mobil Corp plan to resume talks on the P'nyang natural gas project, nearly two years after their negotiations halted.

Centurion Pipeline Releases First Environmental Sustainability Report

Centurion Pipeline announced the release of its inaugural sustainability report, which outlines the company’s focus on environmental, social and governance initiatives.

U.S. Oil Refiner Citgo Petroleum Posts First Profit in Seven Quarters

Citgo Petroleum reported a slim, second-quarter profit, its first in seven quarters, as higher fuel exports helped offset weak margins and the impact of a fuel pipeline shutdown.

New Fortress Energy to Provide Natural Gas to Unigel’s Brazilian Fertilizer Plants

The supply of gas from NFE’s Suape and Sergipe LNG terminals in Brazil’s northeast will connect Unigel’s operations to the global LNG and natural gas markets as well as significantly reduce pipeline transportation charges.

Saudi Aramco Aims to Raise At Least $17 billion From Gas Pipelines

Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources familiar with the matter said.

Companies in the News August 2021

Peak Utility Services Group, a provider of integrated infrastructure services to the natural gas, electric and telecommunication industries, has acquired Superior Pipeline Services (SPS), a natural gas utility services contractor.    Denver-based Peak provides maintenance, repair, upgrade and insta..

Chesapeake Focusing on U.S. Shale Gas with $615 million Vine Energy Buy

Chesapeake Energy Corp agreed to buy Louisiana natural gas rival Vine Energy Inc. for $615 million, betting on the Haynesville shale field's proximity to the U.S. Gulf Coast export hub.

Gazprom Cancels Aug Condensate Exports After Urengoy Fire, Sources Say

Russia's Gazprom has cancelled gas condensate exports this month less than a week after a fire at its processing plant in Urengoy curbed gas exports via the Yamal-Europe pipeline.

Energy Transfer Completes DAPL Expansion, Updates Pipeline Projects

Energy Transfer said it has completed a phased expansion of Dakota Access Pipeline that boosted capacity to 750,000 bpd from 570,000 bpd even as it waged a legal battle for survival.

Customers Signing Long-Term LNG Deals Again – Cheniere

LNG company Cheniere Energy said customers are starting to sign long-term contracts to buy LNG again, noting that market dynamics continue to support its long-term growth expectations for natural gas worldwide