Company News

Subsea UK Partners Team with Non-Profit to Protect Oceans

Subsea UK teamed up with one of the world’s leading non-profit ocean protection organizations to promote and support initiatives to prevent pollution of our oceans.

Bidders for ADNOC Gas Pipelines in Talks for $8 Billion Loan: Sources

U.S.-based Global Infrastructure Partners is heading a consortium of buyers looking for up to $8 billion in financing to invest in ADNOC natural gas pipeline assets.

Chevron Sells Azerbaijan Pipeline Assets

Chevron announced that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields, including interests in two pipelines, to MOL Hungarian Oil and Gas for $1.57 billion.

Shell Greenlights $6.4 Billion Australia Natural Gas Project

Shell announced it has made a final investment decision (FID) to proceed with a $6.4 billion natural gas project in Queensland, Australia.

ConocoPhillips Cuts Oil Output in North America by 30%

ConocoPhillips is cutting its oil output by 30% of its 2020 target, more than any U.S. producer so far.

Shell Restarts U.S. Offshore Oil Hub After Pipeline Leak

Shell has resumed production at its Perdido offshore oil rig after a pipeline leak last week forced the company to halt production.

Pieridae Delays Nova Scotia LNG Export Plant FID Due to Pandemic

Canadian energy firm Pieridae joins the growing list of companies delaying final investment decisions on major projects this year, specifically on its Goldboro liquefied natural gas export plant in Nova Scotia.

U.S. Court Rules Against Permit for Keystone XL

The Keystone XL pipeline project suffered another setback on Wednesday after a U.S. court ruled against a key permit issued by the U.S. Army Corps of Engineers allowing new energy pipelines to cross bodies of water.

PGNiG Loads First LNG Tankers in Lithuania

Polish gas giant PGNiG has sold and loaded the first two cargos of LNG from its reloading terminal in Lithuania.

Pipeline Operator Sues Chesapeake Energy Over Transport Payment Dispute

Chesapeake Energy is being sued for defaulting on transport payments owed to pipeline operator Glass Mountain from a contract that had been renegotiated earlier this year.

U.S. Railroads Refusing Demands for Oil Storage in Rail Cars

American railroad companies are refusing to store oil in rail cars as storage space rapidly dwindles.

Keystone XL Construction Begins at U.S.-Canada Border

TC Energy said construction has begun on the Keystone XL crude oil pipeline at the U.S.-Canada border.

INEOS to Postpone Forties Pipeline System Shutdown

UK pipeline operator INEOS is delaying the planned shutdown of it's Forties Pipeline System.

North Dakota Regulators Approve ONEOK Pipeline

State regulators in North Dakota have approved a proposed pipeline expansion project from ONEOK.

Enbridge Running Mainline with Unused Space as Canada Cuts Oil Output

Enbridge is running its Mainline system with unused space as producers begin to cut output, according to an executive with the company.

Qatar Petroleum Maintains Scope of LNG Expansion, Postpones Production — CEO

The CEO of Qatar Petroleum said that while the company intends to delay the start of production of its LNG facility, there are no plans to reduce the scope of the expansion project.

Phillips 66 Offers Storage on Gray Oak Pipeline

Phillips 66 will offer on system storage for shippers on its Gray Oak pipeline system.

Black Bear Transmission Acquires Ozark Natural Gas Transmission Business from Enbridge

Black Bear Transmission has acquired Enbridge's Ozark gas transmission businesses.

Cheniere Applies to Begin Service on Midship Pipeline

Cheniere has applied to the U.S. FERC to begin service on its Midship natural gas pipeline.

Sempra Energy to Continue with Costa Azul LNG Project

Sempra Energy is planning to continue with its plans to build the first phase of its Costa Azul LNG Export Project in Mexico even as the coronavirus pandemic suppresses worldwide energy demands.

U.S. Court Orders Full Environmental Review of Dakota Access Pipeline

A federal court has ordered the Trump administration to conduct a full environmental review of a portion of the Dakota Access Pipeline.

UAE's SNOC Gas Project Startup Delayed

UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.

BlackRock Withdraws Bid for ADNOC Gas Pipeline Assets — Sources

Sources report that investment firm BlackRock has dropped out of the bidding for ADNOC's gas pipeline assets.

Texas Producers, Regulator Ask State, President for Curtailments as Prices Collapse

Texas oil producers are asking for production curtailments in the state to help stabilize plummeting oil prices.

Italy's Snam Takes Steps to Guarantee Gas Flows During Coronavirus Outbreak

Italian gas grid operator Snam has put in place emergency measures to ensure it can keep gas flowing during the coronavirus outbreak.

Shell, INOX India Sign MoU for LNG Distribution

Shell has signed a Memorandum of Understanding with India's INOX to deliver LNG to customers not connected to distribution pipelines.

FERC Approves Pembina Jordan Cove LNG Export Project

U.S. regulators have approved the Jordan Cove LNG export project.

Marathon Petroleum Names Midstream Boss as New CEO, Will Retain Unit

Marathon Petroleum is not selling its midstream unit as it taps the midstream head to be the company's new CEO.

Tallgrass Energy Announces Open Season on Pony Express Pipeline Expansion

Tallgrass Energy has announced that due to continued interest in its Carpenter Expansion it is launching a supplemental open season to solicit binding shipper commitments for crude oil transportation from a new origin near Carpenter, Wyo., to Pony Express destinations in Colorado.

Eni, SONATRACH Complete Algerian Gas Pipeline

Eni announced it has successfully completed the construction of the gas pipeline connecting Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin, in the south-eastern part of Algeria.