Regions

Pipeline Rupture at India Gas Plant Sparks Fire, Halts Supply

A fire at an Oil and Natural Gas Corp plant caused by a pipeline rupture has cut gas supplies to customers including power and fertilizer companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd.

Energy Execs Think U.S. Oil Production Has Peaked - Fed Survey

Nearly two-thirds of U.S. energy company executives polled by the Federal Reserve Bank of Dallas believe U.S. crude oil production has peaked, according to a survey released on Wednesday.

UAE, Israel Discuss Pipelines, Infrastructure for Gas Exports to Europe

The energy ministers of the United Arab Emirates and Israel discussed possible cooperation and investment opportunities, including natural gas exports to Europe, in a video call on Wednesday, an Israeli statement said.

Mountain Valley Seeks U.S. Approval to Resume Pipeline Construction

Mountain Valley Pipeline asked federal regulators for permission to resume construction on the $5.4-$5.7 billion pipeline from West Virginia to Virginia by Sept. 25.

U.S. Crude Oil Exports Continue Monthly Decline Since February Record High

U.S. crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, but still outpaced 2019 volumes through midyear.

U.S. Charges Former Manager of European Oil Firm over Graft in Ecuador

The U.S. Justice Department has charged a former manager of a European oil trading firm with paying bribes of $870,000 to help win a contract from Ecuador's state-run oil firm.

Austrian Utility OMV Sells Gas Pipeline Unit to Rival Verbund

Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and finance its acquisition of a leading plastics maker.

Top Shipping Insurance Group Will Not Cover Ships Linked to Nord Stream 2

The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

East Mediterranean States Formally Establish Egypt-Based Gas Forum

Six Mediterranean countries signed a charter on Tuesday to formally establish a group that seeks to boost natural gas exports from the region.

Norway to Spend $1.8 Billion on World's First Full-Scale CCS Chain

Norway has agreed to finance nearly $2 billion for what could be the world's first full-scale carbon capture and storage project.

Pandemic to Trim China's 2020 Gas Demand Growth — Report

Natural gas consumption in China is expected to grow at the slowest rate in five years according to a new report released by Beijing.

PowerChina Eyes Rail Project to Transport Oil and Gas From Argentina's Vaca Muerta

Chinese energy firm PowerChina is in talks to finance a rail project to transport oil and gas from Argentina's Vaca Muerta shale play to the port city of Bahia Blanca,

Petrobras on Track to Expand Rio LNG Import Capacity

Brazilian state-owned oil energy firm Petrobras said the company is on track to expand import capacity at its Rio LNG facility by 50%,.

EQT Bids for Chevron U.S. Shale, Pipeline Assets in Appalachia — Sources

According to sources, EQT Corp, the largest LNG producer in the U.S. by volume, has placed a bid on Chevron's natural gas assets in Appalachia, including pipelines.

Russian Ship Sails for Nord Stream 2 Supply Base in Germany

Recent tracking data showed a Russian ship heading towards the German base of Nord Stream 2 pipeline project as the Kremlin seeks to push forward with the project.

Germany Offered to Build LNG Terminals to Avert U.S. Pipeline Sanctions - Die Zeit

A new report from a German newspaper says that the country told the U.S. it would spend $1.2 billion to build two LNG terminals in exchange for not imposing sanctions on the Nord Stream 2 pipeline project.

Argentina Pitches Pipeline to Brazil for Vaca Muerta Shale Gas

Officials in Argentina are planning to propose a multibillion-dollar pipeline project with Brazil to carry shale gas from Argentina's Vaca Muerta shale play to Brazil's gas distribution market.

Pennsylvania Orders Sunoco to Reroute Section of Mariner East 2 Pipeline

Environmental regulators in Pennsylvania have ordered Sunoco Pipeline, a unit of Energy Transfer, to reroute a section of the company's Mariner East 2 natural gas liquids (NGL) pipeline.

German State Leader Says Nord Stream 2 Should not be Used to Punish Russia

The leader of the German state where the Nord Stream 2 pipeline is to come onshore has said the pipeline should not be used as punishment against the Kremlin for the poisoning of a ciritc of Russian President Vladimir Putin.

Uganda, Tanzania Sign Agreement for Pipeline Construction

Uganda and Tanzania have signed an agreement to build a crude oil export pipeline to carry Ugandan oil to an export facility in Tanzania.

PETRONAS Launches Virtual LNG Pipeline System

Malaysian energy firm PETRONAS has launched a virtual LNG pipeline system to deliver natural gas to customers who cannot attach to the pipeline distribution grid.

Enterprise Abandons Texas Pipeline Project as Oil Prices Remain Weak

Enterprise Products announced on Wednesday it is canceling its $1.1 billion Midland-Houston oil pipeline due to the collapse in oil prices from the coronavirus pandemic.

Canada Lays Claim as Largest Source Of US Energy Imports

Canada is the largest source of U.S. energy imports and the second-largest destination for U.S. energy exports behind only Mexico. Energy is an important component of trade between Canada and the United States.

Part 2: Background of the Ukraine’s Mega-Challenges

Since 2014, Ukraine has undertaken considerable reforms to reinforce macroeconomic stability and bolster the foundations of growth. After a significant contraction in 2014-2015, economic growth has picked up (2.4% in 2016-2017, 3.5% in 2018-2019). However, higher sustained economic growth is needed to deliver a durable improvement in living standards.

Norway’s Gas Field Fairy Tale

Norway has given its big gas field in the Barents Sea a fairy tale name: Snøhvit (Snow White). Now the fairy tale continues with the next phase of development called Askeladd.

Permian Enters Uncharted Waters in Better Shape than Most Regions

With the Coronavirus crisis and its effect on upstream operations putting a damper on all segments of the midstream sector, some major projects in the Permian Basin appear to be moving forward, albeit at a slower and far more cautious pace.

German Chancellor Dampens Talk of Halting Nord Stream 2 — Party Sources

German Chancellor Angela Merkel downplayed the possibility of halting Russia's Nord Stream 2 pipeline in response to the poisoning of a top Kremlin critic Alexei Navalny.

Death Toll from Bangladesh Gas Explosion Rises to 24

The death toll from a gas pipeline explosion in a mosque outside Bangladesh’s capital rose to 24 on Sunday while authorities were examining how a leakage caused the accident during evening prayers.

Italy Can be Hydrogen Hub with Pipeline Imports from Africa - Snam

Italy could become a clean energy hub for Europe by piping hydrogen produced in North Africa from solar power at 10-15% less than it costs to produce locally, according to a new study.

Underwater: Australia's Oil Industry Faces New Indigenous Heritage Test

A discovery of ancient artifacts near a planned pipeline route off Australia's west coast has opened new challenges for energy companies to conserve indigenous heritage.