Regions
Turkish Minister: Iraq-Turkey Oil Pipeline Ready to Resume Operations Soon
Iraq's northern oil export route through Turkey will soon be ready to resume operation after checks on pipeline maintenance and repairs to flood damage, the Turkish energy minister said.
Trans Mountain Asks Regulator to Approve Oil Pipeline Tolls Despite Shipper Complaints
Trans Mountain Corp., the oil pipeline company owned by the Canadian government, asked a regulator on Thursday to approve the proposed tolls it wants to charge shippers, who have said they are too high.
PipeChina Starts Laying Second Gas Line Linking Sichuan to East Coast
The new line will be built in phases. Under the first stage, PipeChina will lay a 1,576-km (979 miles) western section, including 12 branches, crossing the Chongqing municipality and provinces of Sichuan and Hubei.
Sources: Disagreements Delay Russian Gas Hub Plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
ConocoPhillips Signs 15-Year LNG Deal at Gate Terminal in Netherlands
ConocoPhillips has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.
US Contacts Oil Producers, Refiners as Gasoline Prices Rise
The head of the White House Council of Economic Advisers said that the U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies during rising gasoline prices.
Sources: Freeport LNG Cancels Four Cargoes Since Feedgas Intake Fell
Freeport LNG, the second-largest U.S. LNG exporter, has canceled four cargoes since its feedgas intake dropped below normal capacity, industry sources told Reuters on Thursday.
Gazprom Delivers Its First LNG Cargo to China Via Arctic
Russian energy giant Gazprom delivered its first cargo of LNG via the Arctic Northern Sea Route to China on Thursday, according to LSEG data, a month after it started the delivery.
Carbon Capture Project Back at Texas Coal Plant After 3-Year Shutdown
A $1 billion carbon capture utilization and storage project that has been shuttered since May 2020 amid plunging oil prices restarted operations last week, its owner JX Nippon said, giving a second chance to a project meant to show the nascent technology is viable at large scale.
Marathon Galveston Bay, Texas, FCC Expected to Remain Shut Through Late This Week
The fire-damaged, gasoline-producing fluidic catalytic cracker (FCC) at Marathon Petroleum's 593,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week, said people familiar with plant operations on Friday.
Sempra Completes Port Arthur LNG Phase 1 Interest Sale to KKR
(P&GJ) — Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
BP Commits to Germany with $11 Billion Low-Carbon Investment Push
BP plans to invest up to $10.7 billion in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
EU to Launch First Phase of World-First CO2 Border Tax
The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.
EPA: Biden's Climate Act to Cut US Emissions by 2030 by 35-43%
The U.S. economy is on track to spew between 35% and 43% less carbon dioxide by 2030 from 2005 levels as a consequence of the Inflation Reduction Act (IRA), a U.S. government report released on Tuesday showed.
TotalEnergies to Start Gas Production at Argentina's Fenix Field in 2024
France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.
EIA: Global Oil Stockpiles to Fall After Saudi Output Cut
Global oil inventories were expected to fall in the fourth quarter after Saudi Arabia extended output cuts this month, while U.S. crude production is forecast to rise more than previously thought, the Energy Information Administration said in a monthly report on Tuesday.
Chevron Buys Majority Stake in Utah Hydrogen Storage Project
Chevron has acquired a majority stake in the world's largest proposed storage facility for hydrogen from renewable energy. Last year, the Delta, Utah project received the first U.S. Department of Energy loan for clean energy in nearly a decade, of $504 million.
North Africa Will Be Italy's Key Gas Supplier for Years, Eni Top Exec Says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.
Trans Mountain Pipeline May Face 9-Month Delay Over Route Dispute
The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route deviation request, the Canadian government corporation building the project said in a regulatory filing on Monday.
EIA: US Regains Crown as World's Largest LNG Exporter
The U.S. regained its crown as the world's largest exporter of LNG in the first six months of this year, according to the U.S. Energy Information Agency (EIA).
South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment
South Dakota's Public Utilities Commission on Monday denied a permit application from Iowa-based Summit Carbon Solutions to build 495 miles (796 km) of pipeline through the state to transport captured carbon dioxide from ethanol plants to an underground storage site.
Diamondback Energy, Five Point Form Water-Focused JV Deep Blue in Midland Basin
(P&GJ) — Diamondback Energy Inc. and Five Point Energy LLC have partnered to form a new joint venture entity, Deep Blue Midland Basin LLC. The joint venture’s water infrastructure network comprises over 800 miles of pipelines for gathering, transport, disposal and reuse.
Freeport LNG Feedgas Flows Drop Sharply, Raising Supply Concerns
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row on Monday, LSEG data showed.
Russia's Gazprom to Launch Two Amur Gas Processing Lines in 2024
Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year, Vitaly Markelov, deputy head of the company told the Russian TASS news agency on Monday.
Russia Finalizing Power of Siberia-2 Gas Pipeline Route to China, Novak Says
Russia is finalizing the route of the China-bound Power of Siberia-2 gas pipeline, which is intended to traverse Mongolia, Deputy Prime Minister Alexander Novak wrote in the energy ministry's in-house magazine, published on Wednesday.
Ten Workers Killed in Gas Accident in China's Inner Mongolia Region
Ten people were killed, and three others were injured in a gas accident at a workshop in Ordos in China's northern Inner Mongolia region, state broadcaster China Central Television (CCTV) said on Friday, citing local authorities.
Venezuela's Maduro Seeks to Renew Beijing Ties Amid China-West Tensions
Venezuela's President Nicolas Maduro arrived in China on Friday, his first visit in five years, to renew engagement between the two countries as China's ties sour with the West and the South American country seeks fresh financing.
Tellurian Drops Equity-Ownership Condition for Driftwood LNG Project
Tellurian Inc. will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition, Chairman Charif Souki said this week. The company plans to offer up to 11 million of its 27.6 MTPA output under offtake agreements to get Driftwood across the finish line.
EU Has No Immediate Plans to Ban Russian LNG, Says Spain's Ribera
The European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister said, citing fears of another price spike.
US Army Corps Holds Off Endorsing Energy Transfer’s Dakota Access Oil Pipeline Alternative
On Friday, the U.S. Army Corps of Engineers released a draft environmental impact statement (EIS) for Energy Transfer's Dakota Access oil pipeline. The statement evaluated five alternatives, including options like abandoning or rerouting the pipeline, but it did not make any recommendations.
- FERC Approves TC Energy's 1,377-Mile West Coast Pipeline Expansion
- Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
- Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
- Mountain Valley Pipeline Sues Protesters Hindering $7.2 Billion Construction Project
- Analysis: Canada May Struggle to Recoup $26 Billion Cost of Trans Mountain Pipeline
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
- TC Energy Names Ex-CEO as Chair of Oil Pipeline Business
- New Gas Pipeline Stretching 808 Miles to Murmansk Confirmed by Novatek
- Composite Repairs Effective for Various Pipeline Defects
