Infrastructure

Canada Faces Pipeline Squeeze Despite Trans Mountain Launch

As Canada's oil industry celebrates the start of the Trans Mountain pipeline expansion, some company executives and analysts are already warning that long-term production growth plans will depend on new takeaway capacity becoming available.

Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter

Pipeline operator Energy Transfer expects to receive a draft Environmental Impact Statement for its Blue Marlin offshore terminal this quarter, executives said on Wednesday during a quarterly earnings call.

Paraguay Pursues $1.5 Billion Gas Pipeline Linking Argentina and Brazil

Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, sources told Reuters.

Occidental Petroleum Aims to Close CrownRock Deal by August

Occidental Petroleum hopes to close its acquisition of shale oil producer CrownRock before its second-quarter earnings call, CEO Vicki Hollub said on Wednesday, a date that typically falls in August.

DNV Releases New Standard for Hybrid Thermoplastic Composite Flexible Pipes

DNV has introduced its latest standard, DNV-ST-F207, for hybrid thermoplastic composite flexible pipes, addressing challenges faced by conventional risers in deepwater applications.

New Fortress Delays Start of Mexico's First LNG Plant to Late May

New Fortress Energy said on Wednesday it delayed the start of its Altamira LNG plant in Mexico to May and expects to export its first cargo in June after an incident a few days before the country's first LNG export plant was due to begin production.

Canadian Utilities Unveils $1.5 Billion Alberta Gas Pipeline Project

The company, majority-owned by ATCO, said the Yellowhead Mainline project would include 124 miles of pipeline and related control and compression facilities that will run from Peers, Alberta, to Edmonton.

TC Energy's Oil Pipeline Spin-off Faces Challenges in Gulf Expansion

TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up.

Crescent Point Unloads Assets in $600 Million Deal with Saturn Oil & Gas

Crescent Point Energy Corp. has finalized an agreement with Saturn Oil & Gas Inc. to offload specific non-core assets in Saskatchewan, Canada, for $600 million in cash.

Vinland Energy Sells Appalachia Assets to Dara Energy in Production Expansion Deal

Dara Energy, a production focused company, announced it has closed an agreement to acquire oil and gas assets in Kentucky, Tennessee, and Texas from Vinland Energy.

Centurion Group Sells Centurion Canada Infrastructure to Hillcore Group

Centurion Group, a global leader in specialist rental equipment and services, has finalized the sale of its legacy construction business, Centurion Canada Infrastructure, to the Hillcore Group.

Williams Scraps Northeast Pipeline Project While Pennsylvania Gas Transport Plan Advances

Williams ambitious natural gas pipeline project, aimed at crossing New Jersey and extending under two bays to New York, has met its demise. Concurrently, another initiative involving the transportation of LNG from Pennsylvania via tanker truck is progressing.

Sinopec in Talks with Pembina Pipeline for LNG Offtake, Cedar LNG Stake, Sources Say

China's Sinopec is in discussions with Pembina Pipeline Corp. for an LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, sources said.

Pipeline Safety Improves Over Five Years, Focuses on Community Engagement and Low-Carbon Solutions

Despite increases in pipeline mileage and the volume of barrels transported, the American Petroleum Institute's recent report reveals that pipeline safety has seen improvement across various key metrics over the past five years.

TC Energy's Keystone Pipeline Shines in Q1, Achieving Record Operational Reliability

Total earnings from TC Energy's pipeline segments came in at $1.66 billion, primarily driven by the Keystone pipeline, which achieved 96% "operational reliability", TC Energy said.

Iran, Pakistan Seek Ways to Complete Long-Delayed 1,180-Mile Gas Pipeline Project

Iran and Pakistan are looking at ways to complete the long-delayed gas pipeline project between the two countries, Iran's Consul General to Pakistan, Hassan Nourian, said on Monday.

Tallgrass Initiates Open Season for 400-Mile Trailblazer CO2 Pipeline

Trailblazer CO2 Pipeline LLC, a subsidiary of Tallgrass Energy, has initiated a binding open season to solicit commitments for the transportation of carbon dioxide gas from origins in Nebraska through its 400-mile Trailblazer CO2 pipeline.

Antero Midstream Acquires Summit Midstream's Marcellus Assets for $70 Million

Antero Midstream Corp. has made a strategic move with the acquisition of gathering and compression assets in the Marcellus Shale region for $70 million from Summit Midstream Partners.

Kinder Morgan-Backed Gas Pipeline Expansion Prevails in U.S. Appeals Court Decision

The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global's Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.

Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say

Occidental Petroleum is exploring a sale of a part of its operations in the Permian Basin that could fetch more than $1 billion for the energy producer, according to people familiar with the matter.

Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State

Shell's Nigerian unit has signed an agreement with Oyo state in the south of the country to construct a pipeline delivery system to serve industries in the state at a cost of $100 million, the Oyo government said on Friday.

ExxonMobil Completes Pioneer Acquisition, Doubling Permian Footprint

The acquisition, finalized on May 3, sees ExxonMobil more than doubling its footprint in the Permian Basin, combining Pioneer's substantial acreage and industry expertise with ExxonMobil's technological prowess and financial strength.

Energy Transfer Subsidiary Sunoco and NuStar Energy Merger Receives Green Light from Unitholders

The acquisition grants Sunoco access to NuStar's extensive transportation and storage infrastructure, encompassing approximately 9,500 miles of pipeline and 63 terminals.

Plains All American Raises Stake Saddlehorn Pipeline JV, Surpasses Q1 Profit Estimates

Pipeline and storage operator Plains All American raised its stake in the Saddlehorn Pipeline Company joint venture and a mid-Continent basin terminal asset by 10% for about $110 million in cash.

Capital Power Discontinues $2.4 Billion Genesee CCS Project Amid Economic Challenges

Capital Power announced the discontinuation of its $2.4 billion Genesee CCS project, which aimed to deploy carbon capture technology at the Genesee Generating Station near Warburg, Alberta, as part of its first-quarter results.

Targa Resources Beats First-Quarter Core Profit Estimates on Higher Transportation Volumes

Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system.

Exxon Pushing Forward with Mozambique LNG Project, Official Says

Exxon Mobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.

Shell Smashes Forecasts with $7.7 Billion Quarterly Profit Driven by Strong LNG Performance

Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.

NOV Introduces Breakthrough Heated Flexible Pipe System for Subsea Operations

NOV will supply its first active heated pipe system in 2025, introducing a proprietary technology solution of electrically heating the bore of the pipe through the resistance of the pipe’s inner carcass layer.

Tellurian Sends Production Workers Home Amid Talks for Haynesville Shale Sale

The Houston-based company has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its proposed Driftwood LNG export plant.