Storage

ADNOC Launches $1 Million Decarbonization Technology Challenge

(P&GJ) — ADNOC has launched a global competition to find innovations that will reshape the global energy landscape. The competition was launched at UAE Climate Tech Forum in Abu Dhabi, where over 1,000 global policy makers, innovators, and industrial leaders met to drive technological solutions for decarbonization.

DOE Selects Crescent Midstream-Supported Project to Advance Commercial-Scale CO2 Storage

(P&GJ) — The company plans to repurpose an existing 110-mile pipeline corridor it owns and operates, positioning Crescent to become one of the first full-service midstream solutions for CCS while also reducing the initiative’s carbon footprint.

As Oil Output Peaks, US Gulf of Mexico Makes Room for Carbon Capture

Some companies, including Exxon Mobil Corp., have been dumping assets in the Gulf, the nation's primary offshore source of oil, and are instead targeting capturing and storing carbon dioxide and other greenhouse gases underground.

Enterprise Products' Oil Pipeline Volumes Rise on Permian Basin Output Growth

Enterprise has remained bullish on oil production from the Permian basin, spread across Texas and New Mexico, and is looking to build a crude oil export terminal on the Gulf Coast to help push some of those barrels into the foreign market.

Pipeline Operator Enbridge Acquires Gas Storage Facility in British Columbia for $295 Million

The storage facility, which is connected to all three major long-haul natural gas transportation lines in Western Canada including Enbridge's Westcoast Pipeline and Alliance Pipeline, has a working storage capacity of 77 Bcf, the company said.

Italy's Energy Dome Raises $44 Million to Focus on CO2 Storage in US

Energy Dome, an Italian startup focusing on CO2 energy storage solutions, said on Friday it had raised 40 million euros ($44 million) from investors to fund expansion in the U.S.

Offshore Pipeline Design for CCUS

(P&GJ) — Design and construction of CO2 pipelines are similar to natural gas transmission pipelines. However, there are differences like: thermodynamic modeling, blow down modeling, specifying the maximum water content, pipeline fracture propagation control, use of elastomer materials and performing a quantitative risk assessment, mainly related to release modeling and defining the allowable exposure limits. These factors require special attention for CO2 pipelines, when compared with natural gas.

Italy's Eni, Snam Offer Slovakia Gas Supply and Storage

Italy's energy group Eni and gas grid operator Snam on Thursday signed two agreements with Slovakia's biggest energy provider SPP for the supply and storage of gas and LNG.

Gazprom Says Europe Set to Struggle Refilling Gas Storage for Next Winter

It will be very difficult for Europe to refill its gas storage to last year's levels after the continent ended the winter heating season with relatively low stockpiles, Russian natural gas giant Gazprom said on Tuesday.

US Plans to Refill Strategic Reserve If Advantageous to Taxpayers This Year

The Biden administration plans to refill the U.S. Strategic Petroleum Reserve soon and hopes to refill it at lower oil prices if it's advantageous to taxpayers during the rest of the year, U.S. Energy Secretary Jennifer Granholm said on Wednesday.

Spire Adds Storage in Rockies, Western US

(P&GJ) — To meet the growing energy demands in the Rockies and Western U.S., Spire Storage is expanding its facilities in Wyoming, with partial availability of additional natural gas storage capacity becoming available in 2024.

Pipeline Operator Enbridge to Invest $2.9 Billion to Build Ammonia Plant in Texas

Norwegian fertilizer maker Yara and Canadian pipeline operator Enbridge plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. The plant, which would be Yara's biggest, would be built at an Enbridge oil storage and export facility near Corpus Christi, with production to start around 2027-28.

Capstone Green Energy Secures Microturbine Order for Wyoming Gas Compression Facility

(P&GJ) — Capstone Green Energy Corp. has announced that Horizon Power Systems secured a follow-on order for two Capstone C1000 Signature Series microturbines. The microturbines will power a remote natural gas compression facility in Wyoming’s Green River Basin and will run on high-pressure natural gas.

Gas Producer Energean Is Looking to Increase Israel FPSO Capacity, CEO Says

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 Bcm a year, CEO Mathios Rigas told Reuters on Thursday.

IPC CEO Urges Canada to Offer More Funding to Build Carbon Capture

International Petroleum Corp., the first foreign oil company to sanction a project in Canada's oil sands in more than a decade, could add carbon capture and storage (CCS) to the plant if more government financial incentives become available, its CEO told Reuters.

Factbox: Carbon Capture and Storage Projects Across Europe

Efforts to remove carbon dioxide (CO2) emissions from industry and store them in underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.

Pipeline Operator Enbridge to Buy US Gulf Coast Gas Storage Facility for $335 Million

Calgary, Alberta-based pipeline operator Enbridge Inc. said it would buy a gas storage facility in Tres Palacios in the U.S. Gulf of Mexico coast region for $335 million to strengthen its LNG export business.

Cheniere Initiates Permit Process for Key Sabine Pass Project Expansion

Cheniere Energy Inc. on Thursday initiated an expansion permit process of LNG export capacity at its key Sabine Pass plant in Louisiana after the exporter topped revenue estimate on strong demand following Russia's invasion of Ukraine.

IEA's Birol Warns of Tighter Energy Supply Next Winter

International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new LNG is coming to the market while China's consumption is set to rise this year.

Enagas: Number of Ships Loading LNG in Spain Doubled in 2022

The number of ships loading LNG in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine, gas grid operator Enagas said on Thursday.

Bankruptcy at European Storage Terminal Supports Tank Storage Rates

The bankruptcy of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline, just as European traders rush to fill up diesel tanks ahead of a Feb. 5 ban on Russian fuel.

Explainer: Oil Storage Situation in Canada, US After Keystone Spill

Days after TC Energy Corp.'s Keystone pipeline shut following a 14,000-barrel spill into a creek in Kansas, traders are questioning whether there is enough oil in storage in key areas if the pipeline remains closed for a number of weeks.

Major Oil Pipeline Outage to Hit US Stockpiles, Refinery Supplies

An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil refining centers, analysts and traders said on Friday.

Netherlands to Spend Up To $548 Million to Fill Gas Storage for Next Winter

The Dutch government expects to spend up to $548.4 million to sufficiently fill the gas storage at Bergermeer, one of Europe's largest, in the winter of 2023-2024.

API Publishes Two Updated Standards for Underground Natural Gas Storage

(P&GJ) — The American Petroleum Institute released two second-edition standards on Nov. 29 for natural gas storage in underground salt caverns and depleted hydrocarbon and aquifer reservoirs to help ensure a safe and reliable energy supply.

Carbon Capture Not Ending Pipeline Woes

(P&GJ) — With growing demand and government incentives to develop more carbon capture and sequestration (CCS) capacity, some of the biggest U.S. pipeline projects now on the drawing board are designed to transport CO2 from source to storage.

Equitrans Expects to Stop Pennsylvania Gas Leak in Next Couple of Days

U.S. energy company Equitrans Midstream Corp. said on Thursday it expected to stop a natural gas leak at its Rager Mountain storage facility in Pennsylvania in the next couple of days.

Mexico In Talks with US Storage Providers to Set Up Gas Reserve

Mexico is in talks with U.S. storage providers to create a strategic gas reserve that could be used in emergencies, an official with the country's state power utility said, after a 2021 cold snap left businesses in northern Mexico without gas.

Centrica Reopens UK's Rough Gas Storage Site in Time for Winter

British Gas owner Centrica has reopened its Rough gas storage site off England's east coast at about 20% of its previous capacity, enough to heat 1 million homes for 100 days this winter, the company said on Friday.

Slovak’s SPP Inks LNG Supply Deal with Exxon

Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.