News

BP Says Trans Adriatic Pipeline to be Ready by End of 2020

BP said it expects to begin shipping natural gas on the Trans Adriatic Pipeline by the end of 2020.

Russian Oil Companies Settle Dirty Oil Dispute with Total

Two major Russian oil companies have settled a dispute with French major Total over contaminated oil supplies delivered on the Druzhba pipeline last year.

IEA Raises 2020 Gas Demand Forecast, Still Expects Record Fall

The International Energy Agency raised its forecast for global LNG demand this year but still expects to see the biggest fall on record due to the impact of the coronavirus pandemic.

Equitrans to Evaluate Mountain Valley Pipeline Cost, Timing

Equitrans Midstream said on Monday that the company will evaluate the cost and timing of completing the Mountain Valley natural gas pipeline based on current litigation and regulatory approvals.

U.S. Energy Companies Begin Restoring Oil and Gas Output After Hurricane

Several U.S. oil and gas companies began the process of restarting production at facilities along the country's Gulf Coast on Sunday, two days after Hurricane Delta hammered the area with 100 mph winds.

Gazprom Sees European Gas Glut in 2021

Gazprom said on Monday that it expects oversupply of the European gas market to continue into 2021.

NextDecade on Track for Rio Grande Facility FID in 2021

U.S. LNG company NextDecade said it is still planning to reach a final investment decision regarding it's Rio Grande LNG facility in 2021.

Energy Transfer CEO to Step Down

Energy Transfer announced on Thursday that the pipeline giant's co-founder and CEO Kelcy Warren will be stepping down on Jan. 1.

Shrinking U.S. Oil Stocks Point to Market Rebalancing

Excess petroleum inventories are being absorbed as lower prices compel U.S. shale producers and the members of OPEC+ to limit their output, confirming the market is on course to rebalance in 2021.

$56M Settlement Approved in Massachusetts Gas Explosions

A $56 million settlement has been approved in the case regarding a series of natural gas explosions and fires in Massachusetts in 2018.

U.S. Oil-Export Projects Stall as Output Slips, Opposition Builds

Several major deepwater oil export projects have stalled as the coronavirus pandemic has caused global energy demand to collapse and environmental opposition has increased.

OPEC Predicts Oil Demand to Plateau in Late 2030s

In a major shift in outlook, the OPEC group on Thursday predicted that global demand for oil will plateau in the late 2030s and could have even begun to decline by then.

Glenfarne Gets 5 More Years to Build Magnolia LNG Plant

U.S. energy regulators have given Glenfarne Group an additional five years to construct its Magnolia LNG plant in Louisiana.

TransAlta and Tidewater Midstream Agree to Sell Pioneer Pipeline

TransAlta and Tidewater Midstream have agreed to sell the Pioneer Pipeline to ATCO Gas and Pipelines for CDN $225 million.

UCT Conference Moves to Late Spring

The Underground Construction Technology International Conference & Exhibition (UCT) has been moved from late January 2021 to May 18-20 at Music City Center in Nashville.

Centurion Pipeline Announces In-Service Date for Augustus Pipeline

Centurion Pipeline has announced that its Augusts Pipeline is expected to commence service on December 1, 2020.

Polish Regulator Fines Gazprom $7.6 Billion Over Nord Stream 2 Pipeline

Polish energy regulators have fined Gazprom $7.6 billion for building the Nord Stream 2 natural gas pipeline without approval from Warsaw, the country's watchdog said on Wednesday.

Spain Approves Hydrogen Strategy to Spur Low-Carbon Economy

Spain has approved a plan to increase the country's clean hydrogen production which includes building enough infrastructure to give the nation a major role in Europe's clean energy ambitions.

Navigator Looks to Expand Borger Express Pipeline System

Navigator Energy Services has launched a binding open season on its Borger Express Pipeline to engage interest in expanding the system with 200 miles of new pipeline.

New Gas Pipeline Could Heat up Azeri-Russian Rivalry

Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.

Gas Release from Kinder Morgan Pipeline in Texas

An undetermined amount of natural gas was released on Sunday from a Kinder Morgan owned pipeline which crosses under the Trinity River near Goodrich, TX outside of Livingston.

Libyan Oil Production Rises to 290,000 Bpd — Source

Libya's oil production has risen to about 290,000 barrels per day as exports begin to resume from the embattled country.

Ukraine Could Export Gas to Europe This Winter

Ukraine has collected a record volume of natural gas in storage this year and says it is open to exporting some of its stores to the European market if conditions are right.

TC Energy to Buy Rest of TC PipeLines in $1.48 Billion Deal

TC Energy has agreed to purchase the remainder of natural gas pipeline operator TC PipeLines in a deal valued at $1.48 billion.

Artera Completes Purchase of Otis Eastern Service

Artera Services has completed its previously announced acquisition of Otis Eastern.

Frontier Aspen Announces Binding Open Season

Frontier Aspen has announced a binding open season on a proposed expansion of its Wyoming-Utah oil pipeline.

Black Bear Transmission Sells Ozark Natural Gas Gathering Assets to Undisclosed Buyer

Black Bear Transmission has sold all the assets owned by Ozark Gas Gathering to an undisclosed buyer, six months after acquiring them from Enbridge.

Noble Energy Shareholders Approve $4.2 Billion Sale to Chevron

Shareholders of Noble Energy approved the company's $4.2 billion sale to Chevron on Friday making Chevon the second-largest shale producer in the U.S.

NGL Energy Partners Announces Commissioning of Poker Lake Express Pipeline

NGL Energy Partners has commissioned it's Poker Lake Express produced water pipeline.

GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission

U.S. pipeline operator GridLiance has agreed to be acquired by NextEra Energy.