North America

UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.

US Deputy Interior Secretary Beaudreau Resigns; Responsible for Approving Willow Project

Earlier this year, U.S. Deputy Interior Secretary Tommy Beaudreau signed the final approval for a scaled-back version of ConocoPhillips' $7 billion Willow project to drill for oil and gas in Alaska, drawing cheers from the oil industry and criticism from environmental activists.

Civitas Resources to Buy Permian Oil Assets for Roughly $2.1 Billion

(P&GJ) — Civitas Resources entered into an agreement with Vencer Energy, a Vitol investment, to acquire oil-producing assets in the Midland Basin of West Texas for approximately $2.1 billion.

BP Explores $1 Billion Sale of Stake in US Pipelines

BP Plc is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter.

BP Launches First US Biogas Plant Since Archaea Acquisition

BP on Wednesday launched its first plant processing renewable gas from landfill since its $4 billion acquisition of the largest U.S. biogas producer, Archaea Energy, last December.

Trafigura Secures $400 Million Loan Facility to Purchase LNG from US Exporters

Commodity trader Trafigura on Wednesday said it has secured two revolving credit facilities totaling $400 million, supported by insurance from the Export-Import Bank of the United States.

Equitrans Midstream and PHMSA Collaborate to Improve MVP Pipeline Safety

(P&GJ) — Equitrans Midstream, the operator of the Mountain Valley Pipeline (MVP), entered into an agreement on Oct. 3 with the Pipeline and Hazardous Materials Safety Administration (PHMSA) to strengthen the pipeline's safety and regulatory compliance.

416-Mile Coastal GasLink Pipeline Project 98% Complete

(P&GJ) — TC Energy’s Coastal GasLink pipeline project is 98% complete, signaling the culmination of a significant milestone in the development of the 670-km (416-mile) pipeline, according to the company’s September construction update.

Projects September 2023

The Trans Mountain expansion project plans to call on oil producers to start filling the pipeline in the days ahead, the head of shipper Canadian Natural Resources said during a quarterly earnings call.

Global News September 2023

Latest industry developments from around the world!

Japan's Inpex, Partners Study Ammonia Production and Export Project in US

Inpex , Japan's top oil and gas producer, and its partners have agreed to study developing a low-carbon ammonia production and export project on the Houston Ship Channel in the United States, Inpex said on Tuesday.

Democratic Lawmakers Urge Biden to Halt Carbon Pipeline Permits Amid Safety Concerns

The United States should not permit any new carbon dioxide pipelines until updated federal safety regulations are finished, a dozen Democratic members of Congress said in a letter sent to President Joe Biden on Tuesday.

Freeport LNG Asks FERC to Authorize Texas Export Plant Restart

U.S. LNG company Freeport LNG sought permission from federal energy regulators to take more steps to return its export plant in Texas to full commercial operation.

ADNOC Gas Awards $600 Million Carbon Capture Contract to Petrofac

U.K. oil services firm Petrofac said on Tuesday it got a more than $600 million contract from ADNOC Gas for the Habshan carbon capture and storage (CCS) project, as the Abu Dhabi-based company steps up its decarbonization plan.

Navigator CO2 Ventures Seeks Pause in Iowa Permit Process for 1,300-Mile Carbon Pipeline

Navigator CO2 Ventures has asked Iowa regulators to pause the permit application process for its carbon capture and storage (CCS) pipeline project that will run across five U.S. Midwest states as it awaits approval in Illinois, where its carbon storage site would be located.

US LNG Exports Slump in September as Plant Outages Pare Output

U.S. LNG exports in September decreased slightly compared to August, primarily due to maintenance outages at key gas-processing plants. Cheniere's Corpus Christi facility operated at reduced capacity for four days, while ongoing maintenance at Berkshire Hathaway Energy's Cove Point facility in Maryland also impacted LNG exports last month.

Venture Global Expands Partnership with Baker Hughes for Modular LNG System

(P&GJ) — Venture Global LNG has extended its partnership with Baker Hughes to develop a modularized LNG system and power island. This expansion comes as part of a master equipment supply agreement, recently expanded to over 100 million tons per annum (MTPA) from the initial 70 MTPA.

US Crude Production Climbs to Near Record High in July

U.S. crude oil output grew in July to near its pre-COVID peak in 2019, fueled by a record level of production from Texas, the top U.S. shale oil producer, the U.S. Energy Information Administration said on Friday.

Cheniere Energy's Gas Intake at Texas LNG Plant Down for Fifth Day

Gas flows to Cheniere Energy's Corpus Christi, Texas, LNG export plant on Friday were reduced for a fifth consecutive day, according to data provider LSEG.

Joint Venture to Establish First LNG Ship Bunkering Hub in U.S. Gulf

A joint venture is developing the first dedicated LNG bunkering facility for ships in the U.S. Gulf amid efforts by the maritime industry to find cleaner fuel solutions, executives said on Thursday.

LM Energy Sells New Mexico Oil Gathering Assets, Including 130 Miles of Pipelines

(P&GJ) — LM Energy Holdings LLC has entered into definitive agreements to sell certain subsidiaries and assets related to its Touchdown Crude Oil Gathering System in Eddy and Lea counties, New Mexico.

Analysis: US Carbon Capture Pipeline Setbacks Reflect Challenges in Climate Fight

A series of permit rejections for two high-profile carbon pipeline projects in the U.S. Midwest could bode poorly for carbon capture and storage (CCS) as a widespread solution to climate change, reflecting deep-seated public concern about its risks and environmental impacts.

Enbridge Launches New Gas Capacity Open Season for C1 Transportation Service

(P&GJ) — Enbridge Gas is hosting a new capacity open season for C1 firm transportation service, providing up to 317,000 GJ/d starting on Nov. 1, 2026, for a minimum five-year term along the Dawn (Facilities) to Dawn (Vector) transportation path.

Cushing Oil Hub's Low Levels Spur Quality, Operational, Price Worries

U.S. crude stockpiles at the key Cushing, Oklahoma, storage hub are at their lowest in 14 months due to strong refining and export demand, prompting concerns about the quality of the remaining oil and the potential to fall below minimum operating levels, traders and analysts said.

NextEra Energy to Sell Florida City Gas to Chesapeake Utilities for $923 Million

NextEra Energy said on Tuesday it plans to sell Florida City Gas (FCG) to Chesapeake Utilities for $923 million in cash. FCG’s natural gas infrastructure encompasses approximately 3,800 miles of distribution mains and 80 miles of transmission pipelines.

Cheniere Energy Reduces Gas Intake at 2 U.S. LNG Plants by 1 Bcf/d

The largest U.S. LNG producer, Cheniere Energy, on Tuesday reduced its combined feed gas intake at two of its plants by about 1 billion cubic feet per day (Bcf/d), according to data provider LSEG.

Trans Mountain Pipeline Route Change Request Approved by Canadian Regulator

The Canada Energy Regulator (CER) approved a route change request for the Trans Mountain oil pipeline expansion on Monday, clearing a major hurdle and avoiding months of delay for the Canadian government-owned project.

Mexico's First LNG Plant to Receive Final Piece in Days

The last major piece of infrastructure needed to start production at Mexico's first floating LNG plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.

FERC Approves Sempra's Port Arthur LNG Phase 2 Expansion Project

(P&GJ) — Sempra Infrastructure has announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas.

TC Energy's Coastal GasLink Pipeline Fined for Environmental Non-Compliance

British Columbia has fined Coastal GasLink, the natural gas pipeline being built by TC Energy, $256,810 for non-compliance with environmental regulations, the Canadian province said on Thursday.