News
India Looks to Store Cheap Oil in United States — Oil Minister
India's oil minister said the country is exploring the possibility of storing some of the excess oil it purchased from the U.S. in American storage facilities.
U.S. LNG Exports Drop More Than a Third as Pandemic Shrinks Demand
According to data from multiple gas trading houses, LNG exports from the U.S. have fallen by more than a third since the early part of this year.
Negative Gas Pricing Possible in Europe as Demand Slumps
Gas markets across Europe are facing the possibility of negative pricing on futures contacts barely a month after prices for crude oil in the U.S. dropped below zero.
Sempra Energy Delays Port Arthur LNG Project Decision to 2021
Citing market concerns caused by the coronavirus pandemic, Sempra LNG, a subsidiary of Sempra Energy, announced it has delayed an investment decision regarding its Port Arthur LNG project until 2021.
Russian Gas Transit via Poland Has Nearly Stopped: Ifx
Flows of natural gas from Russia across Poland on the Yamal pipeline have almost completely stopped barely a week after a transit deal between the two countries expired.
Blackstone's EagleClaw Midstream Sues Caprock Over Troubled Seal
EagleClaw Midstream, owned by the Blackstone investment group, is suing the former owners of Caprock Midstream for allegedly failing to disclose millions in outstanding liabilities before the company closed an acquisition deal.
TC Energy Completes Sale of Coastal GasLink Stake
TC Energy has completed the sale of a 65% stake in its Coastal GasLink pipeline.
U.S. Oil Output from Major Shale to Reach Nearly Two-Year Low in June — EIA
New data from the U.S. Energy Information Administration expects oil output from seven major shale operations in the U.S. to fall by nearly 200,000 bpd in June.
First Piece of Keystone XL Pipeline Completed
TC Energy has completed construction of the first stretch of its Keystone XL oil pipeline across the U.S.-Canada border in northern Montana and has begun work on labor camps in nearby areas.
Cameron LNG Begins Production Train 3 at LNG Facility
Cameron LNG, owned by Sempra LNG, has begun producing LNG from the third and final liquefaction train of its Phase 1 liquefaction-export project in Hackberry, Louisiana.
Alaska LNG Project Receives FERC Authorization, but Doubts Loom
Alaska's proposed multi-billion-dollar LNG project has received FERC authorization, but the project still has a long way to go.
Kinder Morgan Restarts Units at Elba LNG Facility After Fire
Kinder Morgan has begun restarting two of its three trains damaged in a fire at its Elba Island LNG facility in Georgia.
Experts: Data, Flexibility Key in Crafting Methane Rules
Regulators in New Mexico are working with several groups, including oil and gas experts, to craft rules to help the industry to reduce methane emissions.
Ukraine's Odessa Receives First WTI Oil Cargo from U.S. — Sources
Ukraine's Odessa import facility received its first West Texas Intermediate oil cargo from the U.S. this week after futures prices turned negative last month.
Dominion to Keep Exporting LNG from Maryland Cove Point During June Maintenance
Maintenance scheduled to be performed on a section of Dominion Energy's Cove Point LNG facility in June should not affect exports from the facility the company said on its website.
EU Court Throws out Challenge from Nord Stream 2
The second-highest court in Europe has dismissed a challenge by the owners of the Nord Stream pipelines against Europen Union gas rules, leaving it up to individual countries to enforce them.
Colombian Government Considers Intervention in Oil Pipeline Tariffs
The Columbian governments is re-examining how tariffs on oil pipelines in the country are calculated as many producers have been hit hard by falling oil prices due to the coronavirus pandemic.
Petronas, China LNG Deal Calls for Distribution via ‘Virtual Pipelines’
Petronas and China's Clean Tiger Energy have agreed to an LNG supply deal with a provision that the Chinese company distributes the fuel to remote locations using ISO tanks.
Gazprom Reduced Gas Supplies to Germany, Turkey in March — Interfax
Data released from the Interfax news agency reported that Russia's Gazprom reduced its supplies of LNG in March to Germany and Turkey, two of its key partners.
EQT Cuts U.S. Gas Production as Coronavirus Depresses Prices
The largest natural gas producer in the U.S., EQT Corporation, said it has begun to reduce output from its operations in the Marcellus and Utica shale formations.
Oryx Launches Binding Open Season on Proposed Expansion of Delaware System
Oryx Midstream has launched a binding open season to gauge interest on a proposed expansion of its Delaware oil pipeline system.
Russia's Transneft, Rosneft Disagree Over Oil Transport Costs
Two of Russia's largest energy companies have failed to reach an agreement on restructuring oil transportation costs amidst the global collapse in oil prices due the coronavirus pandemic.
Phillips 66 to Raise Rates for Gray Oak Crude Pipeline
Phillips 66 is proposing to raise its tariff rates on its Gray Oak, Permian Basin pipeline.
Poland Expects Russia to Continue Gas Transit to Europe
Polish authorities expect that Russia's Gazprom will continue to transport gas through their country into Europe even after a transit deal between the two countries expired earlier this week.
NextDecade Delays Rio Grande LNG Final Investment Decision to 2021
Barely more than a week after NextDecade announced it would make a Final Investment Decision on its Rio Grande LNG project in 2020, the company announced it has pushed the decision back to 2021.
U.S. Presidential Candidate Would Rescind Keystone XL Permit if Elected
Presumptive U.S. Democratic presidential nominee Joe Biden said he would rescind the approval permit for the Keystone XL oil pipeline if he were to be elected in November.
Williams Discontinues New York Pipeline Project After Key Permit Denial
Energy regulators in New York have once again denied a key water permit for Williams controversial Northeast Supply Enhancement Project causing the company to indefinitely suspend the project.
Russian Pipelaying Vessel Moors at Nord Stream 2 Hub in Germany: Data
According to tracking data from Refinitiv, a Russian pipe-laying vessel that Gazprom may be planning to use to finish its Nord Stream 2 pipeline has docked near a German logistics hub in Mukran.
Poland, Russia to Cut Decades-Old Gas Transit Ties
Poland will not be renewing its gas transit deal with Russia's Gazprom once their current deal expires later this month.
Germany Denies EU Waiver for Nord Stream 2 Pipeline
Operators of the Nord Stream 2 pipeline were denied a waiver of EU regulations for the pipeline on Friday by German energy regulators.
- 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
- Kinder Morgan Declares Force Majeure on West Texas Gas Pipeline After Fire
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
- Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State
