News

Global News October 2021

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022, Brazil Seeks Natural Gas Pipeline from Argentina’s Vaca Muerta and more.

U.S. Hurricane Damage to Cut Shell Oil Output Through Year-End

Damage to offshore transfer facilities from Hurricane Ida will cut production into early next year, slashing deliveries of a type of crude oil prized by refiners. The prolonged shut-in of the WD-143 platform would also affect smaller operators which use the Mars pipeline.

Gulf Coast Oil Companies Return to Ida Recovery as Nicholas Recedes

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.

Texas Freeport LNG Export Plant Shut During Tropical Storm Nicholas

U.S. LNG company Freeport LNG said on Tuesday all three liquefaction trains at its Freeport LNG export plant in Texas shut, likely due to power outages from Tropical Storm Nicholas.

Spire Gets More Time to Operate Missouri St. Louis NG Pipeline

U.S. natural gas company Spire Inc. got permission from federal regulators on Tuesday to keep operating its STL natural gas pipeline in Missouri for another 90 days while regulators consider the next steps for the pipe.

Colonial Pipeline Shuts, Power Outages Rise as Nicholas Brings Rains, Wind

The largest U.S. fuel line shut down on Tuesday due to power outages caused by Nicholas, which made landfall as a hurricane before weakening on Tuesday, the second U.S. Gulf storm in as many weeks.

Over 89% of Oil, Gas Output Shut in U.S. Gulf of Mexico

Oil and gas production in the U.S. Gulf of Mexico on Friday remained largely halted in the aftermath of Hurricane Ida, with 1.7 million barrels, or 93%, of its daily crude output suspended.

Global News September 2021

Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants, Two Arrested in Mountain Valley Pipeline Protest and more.

Two Killed in Now-Extinguished Kinder Morgan Arizona Natural Gas Pipeline Fire

Kinder Morgan on Monday said a fire on its El Paso Natural Gas Pipeline near Coolidge, Arizona, that killed two people and injured another had been extinguished and the pipeline segment remained shut.

Armenia Wants Russian Army Outposts on Azerbaijan Border Amid Tensions

Tensions between Armenia and Azerbaijan, two former Soviet republics, are watched closely abroad for any threat to Azeri gas and oil pipelines and the risk of regional powers Turkey and Russia being dragged into any conflict.

U.S., Germany to Announce Deal on Nord Stream 2 Pipeline in Coming Days

The United States and Germany are expected to announce a deal resolving their longstanding dispute over Russia's $11 billion Nord Stream 2 natural gas pipeline in coming days, sources familiar with the matter said on Monday.

Global News July 2021

11 EU Countries Oppose Plan to Continue Gas Project Funding, FERC Approves Enable’s Proposed Louisiana Pipeline and more

Three Workers Killed in Iran Pipeline Gas Leak Blast

An explosion caused by a gas leak at a pipeline pumping station killed three workers and injured four in southwestern Iran on Tuesday, Iranian state media reported.

Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire

Days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared that environmental damage was avoided due to quick action by its workers.

Gas Pipeline Explosion Kills Two in Collin County, Texas

An explosion on a natural gas pipeline in Collin County, Texas, near the town of Farmersville, killed two people and injured three, local media reports said.

Death Toll in China Gas Pipe Explosion Rises to 25

The number of people killed in a gas pipeline explosion in central China on Sunday has risen to 25, state broadcaster CCTV reported on Monday.

Blast at Shanghai Petrochemical Pipeline Injures Eight

Sinopec's Shanghai Petrochemical said on Saturday an explosion had occurred on a pipeline carrying raw materials for making ethylene, injuring eight employees.

Colonial Pipeline CEO Acknowledges ‘Controversial Decision’ to Pay Hackers

Colonial Pipeline's CEO acknowledged to the Wall Street Journal that his company paid a $4.4 million ransom to hackers as executives were unsure how badly its systems were breached or how long it would take to restore the pipeline.

Colonial Pipeline Hit by Network Outage Just Days After Hack Shutdown

Colonial Pipeline is having network issues preventing shippers from planning upcoming shipments of fuel, the company said on Tuesday, just after the system reopened after a week-long ransomware attack.

Some U.S. Gas Stations Still Without Fuel After Colonial Pipeline Reopens

More than half of the gas stations in some areas of the U.S. southeast remained without fuel and prices at the pump were at seven-year highs on Monday, even as the flow on the nation's largest fuel pipeline resumed after a cyberattack resulted in a six-day system outage and mass panic-buying.

U.S. Capital Running Out of Gas, Even as Colonial Pipeline Recovers

The U.S. capital was running out of gasoline on Friday even as the top U.S. fuel pipeline ramped up deliveries following a cyberattack and Washington officials assured motorists that supplies would return to normal soon.

Jordan Says Fire in Four Oil Pipelines Put Out

A fire in four oil pipelines that feed Aqaba refinery has been put out, Jordan's state news agency said on Thursday.

Colonial Pipeline Begins Restart as Southeast U.S. Scrambles for Fuel

Colonial Pipeline said on Wednesday it has begun to restart the nation's largest pipeline network, six days after a ransomware attack prompted it to shut the line, triggering fuel shortages and panic buying in the southeastern United States.

Panicked Drivers in Southeast U.S. Swarm Pumps, Ignore Pleas to Stop Hoarding

Drivers in the U.S. Southeast formed lines on Wednesday to fill up tanks from the dwindling number of retail gas stations with fuel to sell, disregarding government pleas for people not to hoard supplies as the shutdown of the main regional fuel pipeline entered its sixth day.

U.S. Energy Secretary: No Need to Hoard Fuel After Pipeline Outage

U.S. Energy Secretary Jennifer Granholm said on Tuesday there are no gasoline shortages in the wake of the Colonial Pipeline shutdown and that consumers should report any instances of price gouging of motor fuel.

U.S. Fuel Supplies Tighten as Pipeline Outage Enters Fifth Day

Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern about price spikes at the pumps ahead of the summer driving season.

U.S. Pump Prices Head for Highest Since 2014 as Hacked Fuel Pipeline Shut

U.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused by a cyber attack on the country's biggest fuel pipeline system.

Global News May 2021

Industry Poll Finds Widespread US Support for Pipelines  The Association of Oil Pipe Lines (AOPL) released new polling data measuring the sentiment of the American public toward pipelines, climate change, and the energy transition. By wide margins across key audiences, Americans support pipelines ..

February's Cold Weather Shut More U.S. Refinery Capacity Than Hurricane Harvey

A severe cold spell in mid-February knocked out a third of U.S. oil refining capacity, according to data compiled by Reuters and Wood Mackenzie.

Texas Oil Pipelines Face Dry Months as Production Languishes

By the fourth quarter, total utilization of the largest oil pipelines from the Permian is expected to drop to 57%, consultancy Wood Mackenzie said. The nadir during the last market bust in 2016 was roughly 70%.