Regions

Chinese-led Consortium to Build Cyprus' Gas Import Terminal

Cyprus signed a deal on Friday with a Chinese-led consortium to build the east Mediterranean island nation's first natural gas import terminal that officials said will help the country generate cleaner and cheaper energy.

Vessel Loadings Show Record U.S. LNG Exports in Oct-Nov

U.S. exports of LNG set two consecutive records in October and November 2019, according to U.S. Energy Information Administration estimates. LNG exports averaged 5.8 Bcf/d with 52 exported cargoes in October and 6.3 Bcf/d with 55 exported cargoes in November.

China's 2020 Gas Consumption to Reach 320 Bcm: CNPC

China's gas consumption in 2020 is expected to rise to around 320 Bcm, while the pace of gas import growth is set to slow sharply this year, state energy group China National Petroleum Corp's (CNPC) research arm said on Thursday.

FERC Approves Site Prep for Tellurian's Driftwood LNG Export Plant

Federal regulators said Tellurian can begin site preparation at the site of its proposed $27.5 billion Driftwood LNG export project, a facility that calls for major pipeline construction projects in Texas and Louisiana.

Rosneft Seeks Investors for Vostok Infrastructure

Russia's Rosneft is seeking Japanese investment in the company's $157 billion Vostok oil project, including construction of pipelines, roads and a seaport.

Canada's Encana Files Paperwork to Shift Base to U.S.

Canadian oil and gas company Encana Corp on Wednesday filed paperwork with U.S. and Canadian authorities as part of a plan to shift its base to the United States.

Tallgrass Energy Announces Open Season on Pony Express Pipeline

Tallgrass Energy announces the start of an open season for transportation on its Pony Express crude oil pipeline.

Russia, Ukraine Fail to Reach a New Gas Deal in Paris

The Russian government said Tuesday that the presidents of Russia and Ukraine discussed a new contract for natural gas supplies during peace talks in Paris on Monday, but failed to reach a deal.

Canadian Producer Raises Budget as Alberta Bottlenecks Ease

Canadian oil producer Cenovus Energy Inc said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some curtailments on new oil wells last month.

EPIC Midstream Loads First Oil Tanker at New Texas Export Terminal

EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said.

Ironwood Midstream II Completes Acquisition of Twin Eagle Systems

Ironwood Midstream Energy Partners II said it has closed on its acquisition of West Texas gathering pipelines from a subsidiary of Twin Eagle Holdings and named a Twin Eagle executive to its management team and board of directors.

Canadian Pacific Crude Train Derails, Catches Fire in Saskatchewan

A Canadian Pacific Railway train hauling crude oil derailed west of Guernsey, Saskatchewan, causing a fire at around midnight local time, railway and police officials said on Monday.

Enterprise, Enbridge to Develop Gulf of Mexico Crude Export Terminal

Enterprise Products Partners and Enbridge Inc have agreed to jointly develop a U.S. Gulf Coast crude export terminal that would load supertankers off Freeport, Texas, Enbridge said on Monday.

MET Energy Holding Plans Billion-Euro M&A Deals in Europe

Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation is finalized next month, MET's CEO said on Monday.

China Creates State-Owned Pipeline Company

China has created a new centrally administered, state-owned pipeline company that combines all pipeline assets of the top three state-owned energy giants: China National Petroleum Corp., China Petrochemical Corp., and China National Offshore Oil Corp.

Polish Experts Seek Evidence in Gas Blast that Killed 8

Investigators in southern Poland said they are questioning witnesses and gathering evidence in their probe into a gas blast that killed eight members of one family, including four children.

Gas Leak Suspected in Wyoming Blasts that Severely Burned 3 Workers

Explosions and a fire at a Wyoming oil field severely burned three workers, authorities said. A natural gas leak is suspected in the explosions and fire that injured the EOG contractors.

Belarus Seeks $70 Million Compensation for Russian Tainted Oil

Belarus is seeking about $70 million in compensation because of disruption in flows in a pipeline on its territory caused by contaminated Russian oil, state news agency Belta reported on Sunday.

Russia, Belarus Closer to Resolving Supply, Pipeline Issues: Moscow

Russia and Belarus, who have yet to resolve a dispute over contamination of an oil pipeline, are closer to resolving their differences on oil and gas supplies, Russia's economy minister said Saturday after talks between the two countries.

Asian LNG Buyers Target Record Low Prices in Contract Talks

Asian LNG buyers are starting talks with producers to renew long-term contracts due to expire over the next few years, aiming to secure all-time low prices in deals likely to set new industry benchmarks.

OPEC Talks End Without Word on Expected Cuts

The countries that make up the OPEC oil-producing cartel ended talks late Thursday without an announcement on possible deep cuts to production that would support the price of fuel around the world.

Oil Pipeline Explosion Kills 1 in Lagos

An oil pipeline explosion reportedly killed one person in Nigeria's capital, Lagos.

Saskatchewan's Oil Lures Investors, Producers from Troubled Alberta

Alberta's congested pipelines and production limits are turning oil companies to neighboring Saskatchewan, driving up prices for drilling rights as the region weathers a deep slump.

Libya's El Feel Oilfield Shut Due to Valve Closure

Libya's El Feel oilfield has been shut down due to a valve closure, the head of the National Oil Corporation said on Thursday, in the second stoppage at the southwestern field in consecutive weeks.

Kinder Morgan Expects Slight Profit Increase in 2020

U.S. pipeline operator Kinder Morgan on Thursday said it expects core earnings to increase slightly next year and signaled it would move to cut its debt load and increase its dividend.

Putin Accuses Bulgaria of Holding up TurkStream Pipeline

Russian President Vladimir Putin accused Bulgaria on Wednesday of deliberately delaying the implementation of Russia's TurkStream natural gas pipeline on its territory and said that Moscow could find ways to bypass Bulgaria if needed.

Construction Advances on Trans Mountain Pipeline Ahead of Court Hearing

Expansion of Canada's Trans Mountain oil pipeline entered a new phase of construction Tuesday, just two weeks before a court hearing to decide whether the government can complete the project.

Engie Brazil Wants to Buy Remaining Stake in TAG — CEO

Engie Brazil's CEO says the company is looking to buy the government out of its 10% stake in TAG.

Transneft Extends Oil Transit Deal with Ukraine's Ukrtransnafta

Ukrainian pipeline operator Ukrtransnafta said it has agreed to a 10-year oil transit extension with Russia’s Transneft.

Enbridge Starts Service on Canadian Section of Line 3

Enbridge has begun commercial operation of the Canadian section of its Line 3 pipeline, even as it continues to navigate Minnesota regulators for the U.S. portion of the $9 billion replacement project.