Storage

Conduit Power and Riley Permian Expand Partnership for ERCOT Power Sales

Plans include the construction of 100MW natural gas-fueled generation and battery energy storage systems across multiple West Texas facilities, slated for commercial operations by 2025.

Exxon, Pertamina to Advance Carbon Capture Efforts with Appraisal Drilling in Indonesia

Pertamina and Exxon plan to conduct appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia, with the companies signing an initial storage deal with South Korea's KNOC on Wednesday.

CGG, Baker Hughes Join Forces for Carbon Capture and Storage Solutions

CGG has signed a memorandum of understanding with Baker Hughes at the 2024 Offshore Technology Conference in Houston to facilitate the parties exploring jointly offered carbon capture and storage solutions.

Enbridge Gas Invites Bids for Peak Storage at Dawn Hub

Enbridge Gas has announced a binding open season for peak storage services at the Dawn Hub storage facility, with service starting as early as April 1, 2025.

Tallgrass Initiates Open Season for 400-Mile Trailblazer CO2 Pipeline

Trailblazer CO2 Pipeline LLC, a subsidiary of Tallgrass Energy, has initiated a binding open season to solicit commitments for the transportation of carbon dioxide gas from origins in Nebraska through its 400-mile Trailblazer CO2 pipeline.

Plains All American Raises Stake Saddlehorn Pipeline JV, Surpasses Q1 Profit Estimates

Pipeline and storage operator Plains All American raised its stake in the Saddlehorn Pipeline Company joint venture and a mid-Continent basin terminal asset by 10% for about $110 million in cash.

U.S. Natural Gas Prices Retreat Amid High Storage Levels Despite Increased LNG Demand

U.S. natural gas futures eased on Tuesday, pressured by large storage levels, after marking its best day in over two years in the previous session, helped by forecasts for more demand than previously expected with an increase in feedgas to Freeport LNG's export plant in Texas.

Tivoli Midstream Acquires Strategic Texas Gulf Coast Terminal Assets

Tivoli Midstream LLC has announced the closing of an acquisition of strategic terminal and infrastructure assets located in the Gulf Coast of Texas in Brazoria County (the Chocolate Bayou Assets) from affiliates of Ascend Performance Materials LLC.

Kistos Completes Acquisition of UK Onshore Gas Storage Assets

The acquisition includes two onshore gas storage facilities in the UK, Hill Top Farm and Hole House Farm, at a total cost of $31 million funded from existing cash resources.

Deepwater Port Struggles for Customers as Shale Oil Gains Slow

As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.

Angel CCS JV and Yara Partner for Carbon Capture and Storage Study

The Woodside Energy-operated Angel CCS Joint Venture is proposing to develop a large-scale, multi-user CCS hub with the potential to help Australian and international industry decarbonize.

CNOOC Stockpiles Russian Oil at New Reserve Base in China

State-run China National Offshore Oil Co., one of the country's top importers of Russian oil, has in recent months been pumping shipments of ESPO blend from Russia's Far East into a newly launched reserve base, according to traders and tanker trackers.

Global Partners Acquires Four Liquid Energy Terminals from Gulf Oil for $212 Million

Global Partners LP has announced the successful closing of its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership for $212.3 million.

Mitsui OSK Starts FSRU Operations for Indonesia Gas-Fired Power Plant

Japan's Mitsui O.S.K. Lines Ltd. (MOL) has started commercial operations of its floating storage and regasification unit (FSRU) to supply LNG to a power plant in West Java, Indonesia, the company said on Friday.

Petronas Partners with JERA to Explore Carbon Capture and Storage Solutions

Malaysian state-run energy firm Petronas said on Tuesday it has signed a joint study agreement with Japanese power generation company JERA to evaluate the feasibility of the carbon capture and storage (CCS) value chain.

SLB to Acquire Majority Stake in Aker Carbon Capture for $380 Million

SLB and Aker Carbon Capture will combine technology portfolios, expertise and operations platforms to bring carbon capture solutions to market more quickly and more economically.

Eni Receives UK Government Approval for CO2 Pipeline Crossing England-Wales Border

The pipeline will facilitate the transportation of carbon dioxide from capture plants across the North West of England and North Wales to Eni's depleted natural gas reservoirs beneath the seabed in Liverpool Bay.

Addressing Challenges in Carbon Capture, Storage Deployment

While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.

Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility

Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.

Williams Secures Nearly $1 Million for Carbon Storage Research in Wyoming

Oklahoma-based pipeline operator Williams Cos. has been awarded $975,000 in funding to study carbon capture and storage initiatives in Wyoming.

U.S. Natural Gas Prices Steady Ahead of Federal Storage Report

U.S. natural gas futures were little changed on Thursday as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.

Snam Enters Exclusive Talks to Acquire Edison's Gas Storage Assets in Italy

Energy group Edison said on Monday it started exclusive talks with gas grid operator Snam over the sale of its natural gas storage assets in Italy.

Germany Plans to Expand Carbon Capture and Storage, Including Sub-Seabed Transport

Germany will change its carbon dioxide storage law to allow carbon capture and off-shore storage for certain industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045, Economy Minister Robert Habeck said on Monday.

EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline

EIG's MidOcean Energy secures 20% stake in Peru LNG, which includes a natural gas liquefaction plant, a 254-mile pipeline, storage tanks, a marine terminal, and a truck loading facility.

AG&P LNG Plans 6 South and Southeast Asian Terminals in Next 2 Years

Atlantic Gulf & Pacific Company (AG&P) LNG aims to make a final investment decision (FID) and start developing six liquefied natural gas terminals in South and Southeast Asia within the next one-to-two years, the company's chief executive said.

MPLX Exceeds Q4 2023 Expectations with Surge in Pipeline Volumes

Midstream energy company MPLX on Tuesday reported higher fourth-quarter earnings, beating expectations, as its pipelines transported an increased volume of energy products.

Enterprise Products Partners to Receive Sea Port Oil Terminal License in Q1 2024

Enterprise Products Partners expects to receive an export license for its Sea Port Oil Terminal (SPOT) in the first quarter of 2024 versus by the end of 2023, as previously expected, a company executive said on Monday.

Sunoco to Acquire NuStar Energy in $7.3 Billion Deal for Midstream Expansion

The deal, which has been approved by both the boards, will give Sunoco access to NuStar's transportation and storage facilities, including a portfolio of about 9,500 miles of pipeline and 63 terminals.

German Gas Storage Operators Warn of Overblown Plans for Hydrogen Grids

Germany's future hydrogen demand could fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel, a study commissioned by a storage operators' group showed on Thursday.

Summit Carbon Solutions Secures 80% Right-of-Way in North Dakota for Carbon Capture Project

Summit Carbon Solutions has acquired 80% of the Right-of-Way (ROW) needed for its proposed carbon capture, transport, and storage project across North Dakota.