Infrastructure
Projects March 2024
FERC approves MVP’s Southgate gas pipeline extension; Regulator clears Trans Mountain, completion back on; Santos’ subsea pipeline clears construction hurdle; and more!
Philippines' Top Energy Firms Collaborate on $3.3 Billion LNG Facility Project
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated LNG facility, the companies said on Sunday, in a deal two of them valued at $3.3 billion.
MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April
Oil producer MEG Energy said on Friday that line fill on Canada's long-delayed Trans Mountain oil pipeline expansion would start from April.
Low U.S. Natural Gas Prices Pose Challenges for Tellurian Asset Sale Plans
Low U.S. natural gas prices will hurt Tellurian Inc's ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its LNG export project, analysts said.
New Fortress Energy Launches Barcarena LNG Terminal in Brazil
New Fortress Energy Inc. has announced the operational status of its 6 MTPA Barcarena LNG terminal in Pará, Brazil, with the Energos Celsius Floating Storage Regasification Unit now in operation on-site.
Egypt Inks $40 Billion Deals for Green Hydrogen Projects
Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic Zone that could lead to total investment worth around $40 billion over 10 years, a cabinet statement said on Wednesday.
Iqony Plans Three Hydrogen-Ready Gas Plants in Germany
German firm Iqony plans to build gas-fired plants at three existing sites, a company spokesperson said on Thursday, becoming the latest firm to seek a slice of the government's planned tender for 10 gigawatts (GW) of new capacity.
Snam Enters Exclusive Talks to Acquire Edison's Gas Storage Assets in Italy
Energy group Edison said on Monday it started exclusive talks with gas grid operator Snam over the sale of its natural gas storage assets in Italy.
BP Urges U.S. Regulators to Deny Venture Global's Permit Extension Request
BP Plc on Tuesday urged U.S. regulators to refuse Venture Global LNG's request for an extension of time to build its Calcasieu Pass export plant.
Pipeline Firm ONEOK Posts Higher Fourth-Quarter Profit on Strong Volumes
ONEOK, which has about 50,000-mile long network of pipelines, said its Rocky Mountain region natural gas liquids (NGL) raw feed throughput volumes rose by 20%, compared to last year.
Germany Plans to Expand Carbon Capture and Storage, Including Sub-Seabed Transport
Germany will change its carbon dioxide storage law to allow carbon capture and off-shore storage for certain industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045, Economy Minister Robert Habeck said on Monday.
Denmark Ends Probe Into 'Deliberate' Nord Stream Pipeline Blasts
Denmark has dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, police said on Monday, becoming the second nation to do so after Sweden closed its own inquiry.
Exxon, EnLink Midstream to Expand CCS Pipeline Transportation Along Gulf Coast
ExxonMobil and EnLink Midstream are exploring opportunities for EnLink to support ExxonMobil's carbon capture and sequestration (CCS) efforts beyond the southeast Louisiana Mississippi River Corridor into several additional Gulf Coast areas.
Scotland's Finnart Pipeline Repairs Projected to Continue Through April
Repair work on the Finnart pipeline that supplies Scotland's only refinery will take longer than expected to complete, five industry sources told Reuters, in the latest in a series of setbacks this year.
TotalEnergies Texas Refinery Operating at Minimal Rates Amid Upsets
TotalEnergies' 238,000-barrel-per-day refinery in Port Arthur, Texas, is operating at minimal production as it contends with multiple upsets, sources said on Wednesday.
CenterPoint Energy to Sell 12,000-Mile Pipeline Network in Louisiana, Mississippi for $1.2 Billion
CenterPoint Energy said on Tuesday it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business.
Occidental Considers $18 Billion Sale of Western Midstream, Sources Say
Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt, according to people familiar with the matter.
China's CNOOC Receives Approval for Second LNG Berth at Yancheng Port
Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday.
Equitrans Delays Mountain Valley Natural Gas Pipeline Again, Increases Projected Cost
U.S. energy firm Equitrans Midstream has delayed the estimated completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter from the first quarter due in part to adverse weather in January.
U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline
U.S. energy regulators on Thursday approved a cross-border pipeline that would export about 2.8 billion cubic feet per day of natural gas from Texas to Mexico Pacific's Saguaro LNG export plant on Mexico's west coast.
Tellurian Secures Three-Year Permit Extension for Driftwood LNG Plant Construction
Cash-strapped Tellurian Inc. on Thursday won a three-year permit extension to complete construction of its Driftwood LNG export plant, a boost for the long-delayed liquefied natural gas project.
Spotlight on Mexico: Sierra Madre Pipeline Signals Nation’s Future
Mexico’s state of Chihuahua and the U.S. company Mexico Pacific have signed an agreement to construct the Sierra Madre Gas Pipeline (STGN). The pipeline will extend 155 miles (250 km) from the Waha Basin in Texas to the border at Chihuahua, then 497 miles (800 km) to Puerto Libertad in Sonora.
Venture Global LNG Presses Regulators to Approve CP2 LNG Project
U.S. liquefied natural gas (LNG) developer Venture Global LNG on Thursday asked federal regulators to approve construction of its controversial Calcasieu Pass 2 export plant at their meeting next month.
Spotlight on Bakken: Gas Expansions Offer Alternative to Permian Constraints
Fueled primarily by U.S. production growth concentrated around the oil-generating geology of North Dakota, the Williston Basin’s midstream footprint has expanded according to the region’s evolving needs.
Hydrogen-Blend Pipelines: Fast-Tracking Innovations Leading Fossil Fuel Resurgence
The year 2023 was a time of extremely conflicting messages for the future of fossil fuels and the sundry clean fuel alternatives to meet distance carbon-free climate change goals.
Gasgrid Confirms On-Track Progress for Balticconnector Pipeline Repair, Targeting April Completion
Finland's Gasgrid on Thursday said preparations for the repair of the Balticconnector gas pipeline between Finland and Estonia were on schedule and estimated that commissioning could take place in April.
EU Approves $4.9 Billion German State Funds for Hydrogen Projects
The European Commission approved some $4.94 billion in German government funding for 24 German hydrogen projects, the economy ministry said on Thursday as Europe's biggest economy bets on the fuel for decarbonization.
Caspian Pipeline Consortium Sees 7% Increase in Oil Exports Year-on-Year in January
The Caspian Pipeline Consortium (CPC) increased crude oil exports by 7% in January from the same month a year ago to 6.116 million metric tons (1.55 million barrels per day), industry sources told Reuters on Tuesday.
Iran's Main Gas Pipeline Hit by Sabotage, Oil Minister Says
Two explosions along Iran's main south-north gas pipeline network on Wednesday were caused by sabotage, the Iranian oil minister told state TV, without naming any suspects.
EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
EIG's MidOcean Energy secures 20% stake in Peru LNG, which includes a natural gas liquefaction plant, a 254-mile pipeline, storage tanks, a marine terminal, and a truck loading facility.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
