News
Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Project
Dominion Energy announced on Friday the company took a nearly $3 billion charge in the second quarter due to the cancellation of its Atlantic Coast natural gas pipeline.
President Trump Announces Intention to Nominate New FERC Commissioners
President Trump has announced his intention to nominate two new members to the Federal Energy Regulatory Commission, the country's energy regulator.
U.S. Keen to Ensure Russian Pipeline Does not Threaten Europe — Pompeo
The U.S. Secretary of State Mike Pompeo told lawmakers on Thursday that the U.S. will do everything it can to ensure Russia's Nord Stream 2 natural gas pipeline does not pose a security threat to Europe.
Trump Allows Keystone Pipeline to Ship More Canadian Oil After Expansion Stalls
President Donald Trump has issued a presidential permit to allow TC Energy's Keystone oil pipeline to ship nearly 30% more Canadian crude as the company's' proposed expansion of the pipeline has again been stalled by legal hurdles.
TC Energy Profit Dips from Uncontracted Keystone Volumes
TC Energy reported a 6% drop in profits on Thursday partly due to a fall in uncontacted volumes on its Keystone oil pipeline.
Trump Seeks out Loyal Donors in West Texas Oilpatch
President Donald Trump's visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry.
U.S. Gas Rises 2% as Pipeline Exports Increase, Despite Warm Forecasts
Futures prices for U.S. natural gas rose on Tuesday as pipeline exports increase despite continuing forecasts for warmer weather.
Once Canada's Oil Relief Valve, Rail Shipping Grinds to Near Halt
Crude-by-rail shipments in Canada, which hit record highs just five months ago, have all but come to a halt as global energy demand has plummeted opening up transport space on much cheaper pipelines.
Chevron Expects to Restart Train 2 of Gorgon LNG Plant in Early September
Chevron is expecting to restart Train 2 at its Gorgon LNG plant in Australia by early September, a company spokesperson told Reuters on Tuesday.
Kuwait's KIPIC Starts Operation of Gas Line Feeding Al-Zour
Kuwait Integrated Petroleum Industries Co (KIPIC) has begun operating the gas line that will feed its long-delayed Al-Zour refinery, state news agency KUNA said on Tuesday.
China's Surging Crude Imports Mask Weakness in the Rest of Asia: Russell
Although China has been importing large amounts of crude oil in recent months, imports into the rest of Asia remain weak.
Work Completed on World’s Longest Hydraulically Inserted Pipe
The world's longest hydraulically inserted pipe has been installed nearly 100 feet below the Humber River in Northern England.
Pipeline Rupture Halts Gas Flows from Bulgaria to Greece
Gas flows on a pipeline in southern Bulgaria which transports Russian natural gas to Greece were halted on Monday due to a rupture in the pipeline.
Nord Stream Returns to Operations After Maintenance
Gazprom has returned its Nord Stream natural gas pipeline, which carries gas across the floor of the Baltic Sea from Russia to Germany, to service after performing routine maintenance on the line.
China's Sinopec Seeks Long-Term LNG as Prices Remain Low
Taking advantage of near-record low prices for LNG, China's Sinopec is seeking to sign 10-year delivery contracts to take delivery beginning in 2023 according to several sources.
PipeChina to Take on $56 Billion of Pipelines to Boost Network Access
China is taking major steps to consolidate its midstream oil and gas sector with the newly formed state-owned PipeChina taking on more than $55 billion in assets.
India's Petronet Plans to Cancel 10-Year LNG Import Tender — Sources
India’s top gas importer Petronet LNG is set to cancel its offer to buy an annual 1 million tonnes of liquefied natural gas (LNG) for 10 years, two sources said, as signing long-term contracts is not attractive in the current scenario.
PetroChina to Sell Major Pipeline Assets to PipeChina for $38 Billion
China's state-owned oil firm PetroChina has announced it is selling its oil and gas pipelines and storage facilities to the country's new midstream company China Oil and Gas Pipeline Network (PipeChina) for nearly $40 billion.
Bounceback in U.S. Shale Output Unlikely to Last the Summer
While the slow reopening of the global economy has raised oil prices encouraging U.S. shale producers to roll back production curtailments, industry analysts don't expect shale production to fully return for quite a while.
Pennsylvania AG Charges National Fuel Gas Supply with Environmental Crimes
Pennsylvania's Attorney General has announced he is charging National Fuel Gas Supply Co and subcontractor Southeast Directional Drilling with environmental crimes.
Fluor Awarded FEED Contract for California Carbon Capture Project
Flour has been awarded a front-end engineering and design (FEED) contract for California Resources' Elk Hills carbon capture project.
Zurich Insurance Drops Coverage for Trans Mountain Oil Pipeline
Insurance company Zurich has declined to renew its coverage of the Trans Mountain oil pipeline.
Tellurian Evaluates Changes to Driftwood LNG Project
Tellurian said on Wednesday the company is evaluating changes to its Driftwood LNG project that would significantly reduce Phase 1 costs.
Global Gas Flaring Hit Highest in Over a Decade in 2019 — World Bank
The World Bank has released data revealing that global gas flaring reached its highest levels in over a decade last year, with the U.S. accounting for nearly a quarter of the year-on-year increase.
New Mexico Proposes Crackdown on Methane Emissions
New Mexico has proposed a new set of rules that would require oil and gas producers in the state to capture at least 98% of methane emissions by 2026.
Tellurian, Petronet Renew LNG Investment Deal — Sources
Sources report that India's Petronet LNG has renewed a deal with U.S.-based Tellurian LNG to purchase gas from Tellurian's massive Driftwood export project.
Delayed Romanian Black Sea Gas Projects Pose Risk to Pipeline
Romania is looking to finalize plans to build a pipeline through Eastern Europe but delayed plans to extract gas from the Black Sea leave the project in doubt.
Petrobras Sells Remaining Stake in TAG to Engie Brasil, CDPQ
Petrobras, Brazil's state-owned oil company, has agreed to sell its remaining stake in natural gas pipeline company TAG Engie Brasil and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ).
Williams Receives Approval for Mid-Atlantic Pipeline Expansion
The Federal Energy Regulatory Commission has approved capacity expansion on William's Leidy South natural gas pipeline.
Snam and Baker Hughes Test First Hydrogen Hybrid Turbine for Gas Transportation
Snam and Baker Hughes have announced the successful completion of testing for a new "hybrid" turbine that will allow pipelines to carry hydrogen along with natural gas.
- TC Energy's Columbia Gas Pipeline Explodes Near Virginia's Interstate 81
- Supreme Court Approves Completion of 303-Mile Mountain Valley Gas Pipeline
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- Supreme Court Approves Completion of 303-Mile Mountain Valley Gas Pipeline
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
