Company News
Shell Midstream Cuts Costs as Demand Destruction Hits U.S. Pipeline Flows
Shell Midstream has announced spending cuts as demand fell across many of its U.S. pipeline operations.
Poland Fines Gazprom $57 Million Over Nord Stream 2
Gazprom has been fined nearly $60 million by Polish energy regulators for failing to cooperate with requests regarding the Nord Stream 2 pipeline.
Dominion Overhauls Leadership, Announces New CEO
Dominion Energy on Friday announced a reorganized executive leadership team, including a new CEO, as it reported a $2.8 billion second-quarter charge related to the cancellation of the Atlantic Coast natural gas pipeline.
Enbridge Sued by Victims of Kentucky Pipeline Explosion
Victims of a fatal pipeline explosion in Kentucky last year have sued the line's operator, a subsidiary of Canadian energy giant Enbridge, alleging the company failed to properly maintain the line.
Brazil's Petrobras Forges Ahead with Midstream, Downstream Divestments
Speaking to investors on Friday, executives at Petrobras, Brazil's state-run oil firm, said the company is moving forward with the IPO of its gas pipeline assets and expects to conclude a deal for its RLAM refinery in the near future.
Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Project
Dominion Energy announced on Friday the company took a nearly $3 billion charge in the second quarter due to the cancellation of its Atlantic Coast natural gas pipeline.
Trump Allows Keystone Pipeline to Ship More Canadian Oil After Expansion Stalls
President Donald Trump has issued a presidential permit to allow TC Energy's Keystone oil pipeline to ship nearly 30% more Canadian crude as the company's' proposed expansion of the pipeline has again been stalled by legal hurdles.
TC Energy Profit Dips from Uncontracted Keystone Volumes
TC Energy reported a 6% drop in profits on Thursday partly due to a fall in uncontacted volumes on its Keystone oil pipeline.
Enbridge Sees Improving Mainline Oil Volumes
Canadian pipeline operator Enbridge on Wednesday posted a quarterly profit slightly higher than analysts' estimates and said it sees volumes growing across the Mainline, North America's biggest oil pipeline network.
Chevron Expects to Restart Train 2 of Gorgon LNG Plant in Early September
Chevron is expecting to restart Train 2 at its Gorgon LNG plant in Australia by early September, a company spokesperson told Reuters on Tuesday.
Kuwait's KIPIC Starts Operation of Gas Line Feeding Al-Zour
Kuwait Integrated Petroleum Industries Co (KIPIC) has begun operating the gas line that will feed its long-delayed Al-Zour refinery, state news agency KUNA said on Tuesday.
Work Completed on World’s Longest Hydraulically Inserted Pipe
The world's longest hydraulically inserted pipe has been installed nearly 100 feet below the Humber River in Northern England.
Nord Stream Returns to Operations After Maintenance
Gazprom has returned its Nord Stream natural gas pipeline, which carries gas across the floor of the Baltic Sea from Russia to Germany, to service after performing routine maintenance on the line.
PipeChina to Take on $56 Billion of Pipelines to Boost Network Access
China is taking major steps to consolidate its midstream oil and gas sector with the newly formed state-owned PipeChina taking on more than $55 billion in assets.
Enbridge Contractor Vessels May Have Bumped Pipeline Support
Enbridge has reported the findings of its investigation into minor damage of its Line 5 pipeline that occurred last month revealing the possibility that a vessel operated by one of the company's contractors may have been responsible.
India's Petronet Plans to Cancel 10-Year LNG Import Tender — Sources
India’s top gas importer Petronet LNG is set to cancel its offer to buy an annual 1 million tonnes of liquefied natural gas (LNG) for 10 years, two sources said, as signing long-term contracts is not attractive in the current scenario.
Kinder Morgan Reports Loss After $1 Billion Charge
Kinder Morgan reported a second-quarter net loss of $637 million after downgrading the value of some assets due to the market impact of Covid-19.
PetroChina to Sell Major Pipeline Assets to PipeChina for $38 Billion
China's state-owned oil firm PetroChina has announced it is selling its oil and gas pipelines and storage facilities to the country's new midstream company China Oil and Gas Pipeline Network (PipeChina) for nearly $40 billion.
Fluor Awarded FEED Contract for California Carbon Capture Project
Flour has been awarded a front-end engineering and design (FEED) contract for California Resources' Elk Hills carbon capture project.
Zurich Insurance Drops Coverage for Trans Mountain Oil Pipeline
Insurance company Zurich has declined to renew its coverage of the Trans Mountain oil pipeline.
Tellurian Evaluates Changes to Driftwood LNG Project
Tellurian said on Wednesday the company is evaluating changes to its Driftwood LNG project that would significantly reduce Phase 1 costs.
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.
Petrobras Sells Remaining Stake in TAG to Engie Brasil, CDPQ
Petrobras, Brazil's state-owned oil company, has agreed to sell its remaining stake in natural gas pipeline company TAG Engie Brasil and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ).
Williams Receives Approval for Mid-Atlantic Pipeline Expansion
The Federal Energy Regulatory Commission has approved capacity expansion on William's Leidy South natural gas pipeline.
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.
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.
Total Signs $14.9 Billion in Financing for Huge Mozambique LNG Project
French oil major Total has signed a financing deal worth nearly $15 billion for its massive LNG project in Mozambique.
U.S. OKs start of seventh unit at Kinder Morgan Georgia Elba LNG export plant
The Federal Energy Regulatory Commission (FERC) has approved the start of the seventh liquefaction train at Kinder Morgan's Elba Island LNG plant in Georgia.
Marketing Firm Sues Occidental for Payment of Crude
A midstream marketing firm is suing Occidental Petroleum alleging the embattled shale producer did not pay for crude deliveries.
- 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
