Regions

EIG-Led Consortium Closes $12.4 Billion Aramco Pipelines Deal

U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco's pipelines business for $12.4 billion.

Police Detain Eight Employees of China Gas Unit After Deadly Pipeline Blast

Eight employees at a China Gas Holdings unit have been detained by local police following a fatal gas pipeline explosion on Sunday, according to a statement by the Shiyan city government.

Pembina and TC Energy Creating Carbon Capture, Sequestration Infrastructure Network in Alberta

By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid represents the infrastructure platform needed for Alberta-based industries to manage their emissions and contribute positively to Alberta's lower-carbon economy.

LNG's Share of Indian Gas Demand Forecast to Rise to 70% by 2030

Indian companies are investing billions of dollars to strengthen gas infrastructure, including laying 15,000-kilometer (9,320-mile) pipelines to supply cleaner fuel to households and industries.

Federal Judge Orders Biden Admin to Lift Oil Lease Ban

A federal judge in Louisiana ordered an end to the pause after Louisiana and 12 other states that support drilling on federal lands sued, arguing the suspension was against the law and would cause economic damage and kill jobs.

T.D. Williamson Performs First SmartPlug Pipeline Isolation in Offshore Nigeria

Isolating the 267-km (165-mi) natural gas pipeline off the shore of Nigeria enabled the safe change-out and leak testing of platform valves without depressurizing the system.

Texas Power Demand to Keep Breaking June Records in Heatwave

In February, ERCOT was forced to impose rotating outages as extreme cold froze natural gas pipes and wind turbines, leaving millions of customers without electricity - some for days. Conservation efforts and changes in procedures and processes implemented since the winter storm prevented the possibility of rotating outages so far.

Brace for Huge Oil Volatility, U.S. Trading Group Says

Oil prices are likely to be extremely volatile in the next few years, driven by supply constraints rather than demand as financing for new production evaporates in favor of renewables, U.S.-based Castleton Commodities International said.

Israel to Exempt Oil Pipeline from Environmental Regulations

The Israeli National Infrastructure Committee plans to exempt the Europe Asia Pipeline Company (EAPC) from considering an environmental impact survey for its installation in Ashkelon, Israeli newspaper Haaretz reported.

Energy Majors Bid for Qatar LNG Project Despite Lower Returns

Six top western energy firms are vying to partner in the vast expansion of Qatar’s liquefied natural gas output, industry sources said, helping the Gulf state cement its position as the leading LNG producer while several large projects around the world recently stalled.

Death Toll in China Gas Pipe Explosion Rises to 25

The number of people killed in a gas pipeline explosion in central China on Sunday has risen to 25, state broadcaster CCTV reported on Monday.

Shell Weighs Blockbuster Sale of Texas Shale Assets

Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions.

Ukraine Prepared to Act Against Gazprom Over Central Asian Gas

Ukraine is prepared to take legal action against Gazprom to unblock natural gas supplies from central Asia, the Financial Times reported on Monday.

1,200 Mile CO2 Pipeline to Create Positive Ripples in its Community

Navigator CO2 Ventures’ planned 1,200-mile carbon capture pipeline system across the U.S. Midwest should prevent up to 12 million metric tons of hydrocarbon from being released into the atmosphere each year.

Greenlane Renewables Makes Landfill Gas Pipeline-Ready and Profitable

Greenlane Biogas North America is contracted for an $8.1 million (C$9.8 million) deal to supply equipment for a renewable natural gas (RNG) project which will upgrade gas from a large landfill in the Midwest to pipeline-specification RNG for direct injection into the local gas grid.

Heatwave Bringing U.S. West Highest Power Prices Since February Freeze

Already, power prices across the U.S. West spiked to their highest since the February freeze when natural gas pipelines and wind turbines froze in Texas leaving millions without power.

EU Countries Meet to Tussle Over Gas Project Funding

European Union energy ministers meet in Luxembourg on Friday to debate prolonging EU support for some cross-border natural gas projects, despite the European Commission saying such funding should end to meet climate change goals.

Turkey Turns to U.S. Firms while Planning Black Sea Gas Extraction, Official Says

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.

Nord Stream 2 to Start Work on Filling Pipeline on Friday

Russia's Nord Stream 2 gas project will start preparations on Friday to fill the first of two pipelines with natural gas, the Gazprom-led project said on Thursday.

New Pipelines Connect West Texas Natural Gas-Producing Areas to Demand Markets

Recently completed pipeline projects in Texas and Mexico have increased natural gas transportation capacity from the Waha Hub — located near Permian Basin production activities in West Texas — to the U.S. Gulf Coast and Mexico.

Timeline of Nord Stream 2: The Difficult Birth of Russia's Gas Link to Germany

The Nord Stream 2 pipeline looks set for completion after U.S. Secretary of State Antony Blinken on Monday called it a "fait accompli" and said United States was working with Germany to mitigate its effects.

Transneft Halting Oil Supplies to Poland Due to Pipeline Maintenance

Russian oil pipeline monopoly Transneft said on Wednesday it will halt oil shipments to Poland via the Druzhba pipeline for four days to carry out maintenance work, the Interfax news agency reported.

Libya Oil Pipeline Leaks Hitting Output, NOC Chief Says

The head of Libya's National Oil Corp (NOC) reiterated on Wednesday the need for funds for much needed repairs in the oil industry after corroded pipelines recently hit production.

Abu Dhabi's Mubadala Joins EIG-Led Consortium Buying Aramco Pipeline Stake

Abu Dhabi state investor Mubadala said on Tuesday it has joined a consortium led by U.S.-based EIG Global Energy Partners that had agreed to buy a 49% equity stake in Aramco Oil Pipelines Co.

U.S. to Insist on 'Real Steps' to Mitigate Russian Pipeline Impact

U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline.

Pipeline Leaks at Libya's Samah Oilfield

A pipeline leak at Libya's Samah oilfield may pause pumping operations, an oil engineer there and an oil source at Waha Oil Company said on Tuesday.

Pembina Pipeline to Buy 50% Stake in Canada's Proposed Cedar LNG

Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada's proposed Cedar LNG Project to develop the floating LNG facility in British Columbia in partnership with indigenous group, The Haisla Nation.

Blinken: U.S. Able to Mitigate Nord Stream 2 Pipeline Effects

Secretary of State Antony Blinken said on Monday the completion of the Russian Nord Stream 2 natural gas pipeline was a "fait accompli,” defending the U.S. decision to waive some sanctions and vowing a response if Moscow tries to use gas as a weapon.

Norway's Equinor Books Capacity at Lithuanian LNG Terminal

Norwegian oil and gas company Equinor booked capacity for the first time to import LNG to Baltic States via Lithuania's Klaipeda LNG terminal.

Germany: Ukraine Must Remain Gas Transit Country After New Pipeline

Germany said Ukraine should remain a transit country for Russian gas, the Frankfurter Allgemeine newspaper reported, after President Vladimir Putin said it would depend on the former Soviet republic showing "goodwill" towards Moscow.