News
EQM Sees U.S. Mountain Valley Pipeline Service in 2020, Analysts Unconvinced
Equitrans Midstream is still optimistic that its Mountain Valley natural gas pipeline can be in service by the end of 2020. Industry analysts are not as confident.
Michigan Regulators Request More Detail on Enbridge Tunnel Proposal
Energy regulators in Michigan have rejected a proposal submitted by Enbridge for its Line 5 tunnel project requesting revised and updated information.
Gazprom Natural Gas Exports Slump 19% in Q1 — Source
Citing weak demand, a source told Reuters that natural gas exports on Gazprom pipelines fell by nearly 20% in the first quarter.
23rd World Petroleum Congress Postponed to December 2021
The 23rd World Petroleum Congress scheduled to be held in Houston this year has been postponed to December 2021.
FERC Provides Guidance to Oil Pipelines During Pandemic
The Federal Energy Regulatory Commission has pledged to act expeditiously on certain waiver and tariff requests from interstate oil pipelines to address unforeseen circumstances resulting from the COVID-19 pandemic.
More Pipelines Are Needed for India to Increase LNG Imports — EIA Report
Recent data released by the U.S. Energy Information Administration shows that in order to continue to increase its LNG imports, India needs to build more gas pipelines.
APA Group Receives Funding to Test Methane in Australia’s Gas Pipelines
Australian pipeline operator APA Group has received over $1 million for its renewable methane pilot project to test the viability of the gas as a replacement for LNG.
Nigeria LNG Signs EPC Contract for Train 7 — Oil Minister
Nigeria’s oil minister on Thursday reported that Nigeria LNG has signed the engineering, procurement and construction contract for its Train 7 project.
Oklahoma Regulators Take no Action After Oil Output Hearing
Energy regulators in Oklahoma declined to provide a timeline for a decision regarding requests from oil producers in the state to mandate production cuts in an attempt to stabilize to hard-hit industry.
Energy Transfer Slashes 2020 Capex, Dakota Access Expansion Could Face Delays
Energy Transfer will cut at least $400 million from its 2020 capital expenditures potentially jeopardizing the company's plans to expand its Dakota Access pipeline.
U.S. Judge Revises Environmental Ruling on Pipeline Permits
A U.S. Judge partially revised a ruling that blocked pipeline crossings below streams and waterways, allowing crossings for utility and maintenance projects but continuing to require permits for pipeline construction projects.
Energy Spectrum Capital Closes Nearly $1 Billion Midstream Investment Fund
Energy Spectrum Capital has received commitments of $969 million to invest in midstream assets in the energy industry.
Oklahoma Oil Regulators Hear Arguments on Output Cuts
Oil regulators in Oklahoma began hearing arguments on Monday from major oil producers hoping to convince the state to set production limits in an effort to bolster the industry slammed by collapsing oil prices.
NextDecade Says Coronavirus Could Delay Timing of Texas LNG Project
NextDecade said the collapse in global LNG demand caused by the coronavirus could delay the company's Final Investment Decision (FID) on its proposed Rio Grande LNG export plant.
Three Enbridge Pipelines Shut After Kentucky Gas Line Fire
The U.S. Pipeline and Hazardous Materials Safety Administration reported that Enbridge has shut three of its pipelines following an explosion on a portion of its Line 10 natural gas line earlier this week.
BP Midstream Sees Lower Onshore Oil Pipeline Volumes Amid Pandemic
The ongoing coronavirus pandemic has caused a drop in volumes on BP Midstream's onshore oil pipelines for the first quarter, the company said on Friday.
Williams Announces Agreement on Deepwater Gulf Project
Williams has agreed to transport natural gas from Chevron and Total's Anchor offshore development to the Discovery pipeline system.
No Estimated Timeline to Return Line 10 in Kentucky to Service: Enbridge
Enbridge says it has no estimated timeline to return to service a portion of its Line 10 natural gas pipeline that was damaged in an explosion on Monday.
North American Oil Producers Slash Output Faster than OPEC Skeptics Expected
Oil producers in North America have cut oil production faster than many expected on track to reduce about 1.7 million barrels per day by June.
Enbridge Mainline Volumes Fall, Company Posts Quarterly Loss
Flows on Enbridge's Mainline system dropped in Q1 as the company posted a loss during the same period.
Shell Midstream Offers Mars Sour Crude Storage as Offshore Producers Keep Pumping
Shell Midstream is offering to store barrels of Mars Sour crude as offshore producers continue to pump oil amid the coronavirus pandemic.
Plains All American Sees Drop in Pipeline Volumes, Capline Reversal Progressing
Flows on Plains All American pipelines fell this quarter leading to a $2.8 billion loss for the company. The reversal of its Capline systems is still progressing as planned.
Magellan Midstream Diesel Flows Fall, Projects Continue
Magellan Midstream has reported a decline in diesel flows on its pipelines as drilling activity in the Permian Basin has dropped due to the collapse in oil prices.
U.S. Court Ruling Could Delay Keystone XL Pipeline Construction up to 1 Year
Construction of TC Energy's Keystone XL pipeline could be delayed by up to one year after a U.S. court ruling invalidated several permits issued for the project.
Phillips 66 Posts Loss on $3 Billion Writedowns in Refining, Transportation Units
Phillips 66 took $3 billion in writedowns during Q1, but strong earning in the company's midstream sector helped offset other losses.
TC Energy Boosts 2020 Capex to Build Keystone XL Pipeline
TC Energy, bolstered by better-than-expected quarterly profit earnings, is raising its capital spending budget for 2020 in order to build its Keystone XL Pipeline.
Head of Texas Energy Regulator Opposes State-Mandated Oil Curbs
The head of the Texas energy regulator has stated his opposition to a proposal of state-mandated oil production cuts.
Cheniere Moderates 2020 U.S. LNG Growth Estimates
Due to the coronavirus pandemic, Cheniere Energy, the largest LNG company in the U.S., has cut its growth estimates for LNG exports as well as its investment in new projects.
Greek-Italian Joint Venture Seeks Contractors for EastMed Gas Pipeline
Greece's DEPA and Italy's Edison are looking for contractors to build part of the EastMed gas pipeline.
Ecopetrol Unit to Let Colombia Oil Producers Cut Pipeline Costs for Two Months
Ecopetrol subsidiary Cenit is allowing Columbian oil producers to reduce their transit tariffs by 50% for two months in an effort to ease the strain on the industry due to the coronavirus pandemic.
- 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
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- 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
