News

Kinder Morgan Says 7th Elba Island Unit Ready

Kinder Morgan has asked regulators to approve the 7th liquefaction train at its Elba Island LNG export facility in Georgia.

Fighting on Azerbaijan-Armenia Border Raises Pipeline Concerns

Several Azeri soldiers have been killed and Armenian soldiers and police wounded in border clashes, both countries said on Monday, in an area near several pipeline crossings.

Nigeria Will Boost Compliance with OPEC+ Cuts — SPA

In a call with Suadi Arabia's oil minister, his Nigerian counterpart confirmed that his country would comply 100% with the agreed-upon OPEC+ production cuts and will compensate for their overproduction in May and June.

U.S. Natural Gas Output Rises After Mountaineer Express Pipeline Returns

U.S. natural gas production rose over the weekend after TC Energy Corp’s Mountaineer Xpress pipeline in West Virginia returned to service following unplanned work, according to the company and data from Refinitiv.

Oil Rises as International Energy Agency Boosts Demand Forecast

The International Energy Agency increased its outlook for 2020 fuel demand causing oil prices to rise on Friday but rising coronavirus cases in the U.S. tempered expectations for a quick recovery.

Energy Industry Veterans to Launch Hydrogen Investment Fund

As more governments are looking to hydrogen to fill in clean energy gaps, two energy industry veterans are planning to launch an investment fund focused on advancing use of the fuel.

U.S. Judge Rejects Latest Dakota Access Effort to Avoid Pipeline Shutdown

A federal court judge has rejected the latest request from Dakota Access to stay a shutdown order issued for the 570,000-bpd oil pipeline, allowing the company to appeal to a higher court.

Russia's Blue Stream Gas Pipeline to Turkey Idle Since May — Sources

Russia's Blue Stream gas pipeline, which transports gas to Turkey, remains shut after scheduled maintenance was completed at the end of May.

Cyprus to Get First Natural Gas Import Terminal

Cyprus officially began work Thursday on the country's first-ever natural gas import terminal.

Zhejiang Wins China's First Private Fuel Export License — Sources

Zhejiang Petroleum & Chemical Co has been granted a license to export fuel from the country to the international market, a first for a private oil company in the country.

Dakota Access Seeks Stay of Pipeline Shutdown Order Pending Appeal

Dakota Access has asked a federal court to stay its previous order to shut down and empty the pipeline within 30 days while an appeal of the decision is decided.

Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion

Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.

U.S. Crude, Natural Gas Demand to Fall in 2020, Oil Decline Less than Forecast — EIA

New data released from the U.S. Energy Information Association forecasts a decline in domestic oil and natural gas production for 2020 with the decline in oil production to be less than previously forecast.

Judge Denies Dakota Access Initial Motion to Stay Pipeline Shutdown Order

A federal judge has denied a request from owners of the Dakota Access pipeline to stay a shutdown order passed down on Monday requiring the pipeline to be shut and emptied within 30 days.

Russian Vessel Able to Complete Nord Stream 2 Pipeline Departs from German Port

A Russian vessel that has the capabilities needed to complete the Nord Stream 2 pipeline has left the project's staging area in Germany where it was docked.

China Hires Morgan Stanley, Goldman Sachs to Advise on Pipeline Asset Transfers — Sources

China has hired Morgan Stanley and Goldman Sachs to advise the country's top energy firms on multi-billion dollar deals transferring oil and natural gas pipeline assets to a new national energy infrastructure company.

Rangeland Midstream Canada Brings Marten Hills Pipeline System into Service

The Marten Hills Pipeline System from Rangeland Midstream Canada has entered service.

Dakota Access Pipeline Shutdown May Revive Oil-by-Rail Industry

The court-ordered shutdown of the Dakota Access pipeline on Monday may provide a much-needed boost to the oil-by-rail industry.

Pipeline Shutdown Adds to Record Decline in U.S. Natural Gas Output

Unplanned maintenance on TC Energy's Mountaineer Xpress Pipeline helped push U.S. natural gas output on Tuesday towards its lowest point since September 2018.

U.S. Energy Dept. Approves Jordan Cove LNG Exports

The U.S. Department of Energy has approved LNG exports from the proposed Jordan Cove LNG project in Oregon, the first on the country's West Coast.

Alberta Looking for U.S. Democratic Support of TC Energy's Keystone XL Pipeline — Premier

The government of Alberta is planning to approach several key U.S. Democratic lawmakers to garner support for its Keystone XL pipeline project.

U.S. Court Orders Dakota Access Pipeline Shut, Emptied

A U.S. District Court has ordered Energy Transfer to shut down and empty its controversial 570,000 bpd Dakota Access oil pipeline within 30 days.

Berkshire Hathaway Energy to Acquire Dominion Energy’s Gas Transmission and Storage Business

Berkshire Hathaway has agreed to purchase Dominion Energy's natural gas transmission and storage business for almost $10 billion.

Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work

Denmark has given approval for the Nord Stream 2 pipeline to use pipelaying vessels with anchors to complete work on the natural gas pipeline in Danish waters.

Germany Plans Ambitious Hydrogen Pipeline Network

Over the next decade, Germany plans to create the longest hydrogen transmission pipeline network in the world and it will be an integral part of the country’s “green stimulus” program to restart the economy after the coronavirus (COVID-19) crisis.

Energy Transfer Moves to Prevent Cancellations on Dakota Access Expansion — Sources

Energy Transfer has reportedly invoked force majeure in order to prevent oil companies from canceling contracts to ship crude oil on the company's proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter.

Canada's Supreme Court Dismisses Appeal Against Trans Mountain Pipeline

Canada's Supreme Court has dismissed a lower court appeal filed against the Trans Mountain pipeline removing one of the last remaining hurdles of the expansion project.

Japan's Investment Drive in LNG Faces Risk of Souring — Study

Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but the investments may sour as prices plummet from the COVID-19 pandemic and as climate change risks rise, a new study shows.

Traders Thought Apple Had 'the Holy Grail' of Oil Data, but the Quest Continues

As more and more of the world is run on data, oil traders have been increasingly looking for any source that can provide real-time data on fuel demand.

Targa NGL Pipeline Company Launches Open Season

Targa NGL Pipeline Company has launched an open season to solicit shipper interest on a planned NGL pipeline from Kingfisher County, Oklahoma to Mont Belvieu, Texas.