Regions

Hungary Expects Gas from Russia's TurkStream by Late 2021

Hungary plans to be able to get natural gas from the TurkStream pipeline by the end of 2021, Prime Minister Viktor Orban said after hosting a meeting with Turkish President Recep Tayyip Erdogan.

Mild Winter, Softer Economy Weaken Asian LNG Markets

LNG spot prices in Asia have dropped to seasonal lows on expectations of a mild winter depressing demand for gas for heating. A slowdown in China's coal-to-gas switch amid a weaker economy is also having an impact.

China's West-to-East Pipeline Throughput Hits 25 Bcm/Year

The supply of natural gas from the Tarim oilfield through the West-to-East gas pipeline has increased to 25 Bcf/year, according to the PetroChina Tarim Oilfield Company.

Leased Russian Tanker Heads for U.S. to Load LNG Cargo

A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for an LNG terminal in the United States, according to ship-tracking data from Refinitiv's Eikon.

Alberta Lifts Curtailment on New Oil Wells

Alberta, Canada has lifted its curtailment on new oil wells in an effort to boost its struggling oil industry hit hard by heavily strained pipeline takeaway capacity.

Blacklisted Russian Businessman Sells Pipeline Construction Firm

Russian businessman Arkady Rotenberg, who has been under U.S. sanctions since 2014, has sold his gas pipeline construction firm Stroygazmontazh.

New Gas Pipelines Adding Capacity from U.S. South Central, Northeast

The United States is expected to add between 16 billion cubic feet per day (Bcf/d) and 17 Bcf/d of natural gas pipeline capacity in 2019, most of which was built to provide additional takeaway capacity out of supply basins.

PennEast Developers Press on Despite Court Decision

The companies developing the $1 billion PennEast natural gas pipeline remain committed to building the project and are evaluating their options after a federal appeals court decided not to rehear an earlier decision against the pipeline.

Uganda Aims for Q1 Investment Decision on Oil Pipeline - Minister

Uganda's Energy Minister is expecting a final investment decision for an oil export pipeline project in the country by end of Q1 next year.

Pioneer Natural CEO Calls Out Permian Basin Gas Flaring

The chief executive of Pioneer Natural Resources, Scott Sheffield, called on Permian Basin producers to limit natural gas flaring and to monitor for methane leaks.

Permian Pipeline Expansions Boost Plains' Q3 Volumes

Plains All American reported strong earnings in the third quarter of 2019 as growing demand for pipeline transport drove revenues higher. The results, however, fell short of earnings in last year's third quarter, when Plains benefited from the sale of an interest in BridgeTexas Pipeline.

Ukraine, Russia May Sign Gas Transit Deal in Late December: Minister

Ukraine's energy minister is expecting a gas transit deal to be signed with Russia by the end of the year.

Israel-Egypt Gas Pipeline Deal Closed “In Practice”

The EMED joint venture consisting of Noble Energy, Israel's Delek Drilling and Egypt's East Gas Co has all but completed its purchase of a 39% stake in the subsea EMG pipeline.

NGL Energy Partners LP Closes Acquisition of Hillstone

After acquiring Hillstone LLC, NGL Energy now has approximately 380 miles of water disposal pipelines serving the Delaware Basin.

Cheniere Targets Early Start of Texas LNG Exports: First Half 2021

Cheniere Energy Inc said on Friday it expects to reach substantial completion of the third liquefaction train at its Corpus Christi LNG export plant in Texas earlier than previously expected in the first half of 2021.

High on Earnings, TC Energy Plans C$1.2 Billion System Expansion

Fresh off of a 55% quarterly increase in liquids transportation earnings, Keystone pipeline operator TC Energy said it will proceed with another C$1.2 billion expansion to its pipeline system.

Tallgrass Energy Secures Oil Shipper Contracts for Pony Express Pipeline

Tallgrass Energy has secured additional shipper contracts on its Pony Express Pipeline as it recontracts parts of the line.

Denmark Approves Nord Stream 2 Project

The Nord Stream 2 project has been approved by Denmark, the last remaining country needed to finish the pipeline.

Palisade Pipeline Secures Funding for Permian Water Pipeline

Palisade Pipeline has secured funding to build a water pipeline from Lubbock, TX to the Permian Basin.

Enterprise Midland-to-ECHO Pipeline System Expansions to Add 450,000 bpd Each

Enterprise's CEO reported on the company's earnings call that upcoming expansions on 2 of its pipelines will add 450,000 bpd of capacity to each line.

EPIC Crude Oil Pipeline Announces Third Open Season

EPIC has announced a third open season on its 400,000 bpd EPIC Crude Pipeline.

Singapore Committed to Natural Gas Power

Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government official said.

Small Oil & Gas Companies get Cold Shoulder from Big Banks

The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.

Dirty Oil Settlement Expected Between Lukoil, MOL

Russian oil producer Lukoil and Hungarian energy company MOL are reportedly set to sign a settlement deal over contaminated oil during Russian President Putin's visit to Budapest this week.

EPCM to Build Pipelines for South Africa's First Helium Plant

Renergen said it has commissioned South Africa’s first commercial LNG and liquid helium plant and appointed EPCM Bonisana to install the pipeline and manage the interface.

Pipeline Operators: Germany's Winter Gas Supplies Secure

Germany will have enough natural gas this winter, despite restrictions on transit routes Opal and TENP 1, as storage levels are close to 100%, pipeline operators' group FNB said on Monday.

Crude-by-Rail Contracts Cause for Alberta Forecast Budget Deficit

Alberta, Canada is forecasting a budget deficit for 2019-20 caused in large part by crude-by-rail contracts with midstream companies signed in the midst of pipeline congestion.

S.D. Board Approves Dakota Access Pipeline Pump Station

The Lincoln County Board of Commissioners in South Dakota voted to approve a permit for a pumping station needed as part of the Dakota Access Pipeline expansion project.

Bulgartransgaz Raises 50 Million Euros Above Target for TurkStream

Bulgartransgaz has raised 50 million euros more than it originally sought to finance its portion of the TurkStream pipeline.

Trans Mountain Concerns, Oil Industry Alienated After Trudeau Victory

The fate of Canada's Trans Mountain Pipeline, as well as that of the country's energy industry as a whole, was called into question on Tuesday after Liberal Prime Minister Justin Trudeau won the general election, but failed to form a majority government.