Regions

Future of US Offshore Sector

One of the early lessons of the new year that revealed itself in the first few weeks of January is there is a renewed bullishness in the offshore oil and natural gas potential for the Gulf of Mexico.

Trump to Sign Order Seeking to Clear Gas Pipeline Hurdles: Kudlow

White House economic adviser Larry Kudlow said the Trump administration would soon issue an executive order that will open the door for more natural gas pipelines and exports of LNG. The administration has been considering an order that would push back against states, including New York, that have blocked interstate natural gas pipelines.

Greece's DEPA to Become First Gas Supplier to Bulgaria Outside Gazprom

Bulgaria's Bulgargaz has struck a deal to buy 1.5 million megawatt hours of natural gas from Greece's DEPA, the first time the state provider has bought gas outside its long-term contract with Russia's Gazprom.

EagleClaw Midstream to Proceed with Delaware Link Pipeline

EagleClaw Midstream said Wednesday it has made a final investment decision to proceed with construction of the Delaware Link pipeline, a new pipeline designed to transport residue natural gas from the Delaware Basin in West Texas to the Waha hub.

Noble Energy Sanctions the Alen Gas Project with Startup Planned in the First Half of 2021

Noble Energy, Inc. announced today that the Company has approved the Alen natural gas development offshore Equatorial Guinea (EG).

Denmark Asks Nord Stream 2 to Assess Third Route Option for Gas Pipeline

The Danish Energy Agency has requested an environmental assessment of a third route option for the Nord Stream 2 gas pipeline in Danish waters, a move that could delay the project to pump Russian gas to Europe.

Michigan Governor Halts Great Lakes Oil Pipeline Tunnel

Michigan Gov. Gretchen Whitmer has ordered state departments and agencies to take no further action on legislation enacted in late 2018 authorizing construction of an oil pipeline tunnel beneath lakes Huron and Michigan.

ACLU Challenges South Dakota Pipeline Protest Legislation

The American Civil Liberties Union is challenging a new law signed by South Dakota Gov. Kristi Noem aimed at potential protests against the planned Keystone XL oil pipeline.

UK Oil and Gas Authority Releases Data on Over 3,000 Pipelines

Earlier this week, the UK Oil and Gas National Data Repository (NDR) was launched with over 130 terabytes of data covering thousands of pipelines, offshore wellbores, and seismic surveys going back more than 50 years. This is believed to be one of the largest ever single open releases of data in the industry.

Minnesota Regulator Confirms Approval of Enbridge Pipeline

A Minnesota regulator has confirmed its approval of Enbridge Inc's Line 3 crude oil pipeline replacement, allowing the $7 billion project that will ship more barrels out of western Canada to move forward, the company said on Wednesday.

Noble Midstream Secures Investment for EPIC Crude Pipeline

Noble Midstream announced it has secured a $200 million equity commitment (“Preferred Equity”) from Global Infrastructure Partners Capital Solutions Fund (“GIP”) to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly-formed subsidiary holding Noble Midstream’s 30% equity interest in the EPIC Crude Pipeline.

No-Deal Brexit Won't Disrupt UK Gas Flows from Europe: National Grid

Britain's National Grid said electricity and gas flows from continental Europe would continue as normal even under a no-deal Brexit.

Fire Breaks Out at Kazakhstan's Kalamkas Oilfield

A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan's western Mangistau province, the country's emergencies committee said on Monday.

Nord Stream 2 Officials Optimistic Denmark Will Approve Pipeline Proposal

The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 110-mile stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday.

TechnipFMC Awarded Significant Johan Sverdrup Subsea Contract

TechnipFMC has been awarded a significant Subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters.

Alberta Oil Industry Backing Pipeline-Friendly Premier Candidate Amid Possible Sandal

Canada's battered oil industry is rooting for the opposition in next month's election in energy heartland Alberta, investors said on Wednesday, but a brewing scandal involving the party's leader could derail its hopes of an easy victory.

U.S. Shale Boom Drawing Big Oil Back to Permian Pushing Out Independents

Major oil companies are pouring money and resources back into the Permian after new shale discoveries and improvements in technology will enable the U.S. to quickly become the world's second largest oil producer behind only Saudi Arabia.

Wood Awarded Major Pipeline Construction Contract

Wood has been awarded a $34 million contract from RH energytrans LLC to construct 28 miles of new pipeline designed to carry natural gas from Pennsylvania to Ohio.

Michigan Panel Approval of Line 5 Deal Ruled Legal by Judge

A Michigan panel's approval of an oil pipeline tunnel beneath the Great Lakes will remain intact even though a state law set unconstitutionally long terms for authority members, a judge ruled.

Nuevo Midstream Dos to Purchase Republic Midstream

Nuevo Midstream Dos, LLC entered into a definitive agreement with an affiliate of ArcLight Capital Partners to buy Republic Midstream, which owns and operates a crude oil gathering, storage and intermediate transportation system in the Eagle Ford Shale.

Project Delays Sink Oil Sands Output in 2019

Canadian Oil Sands production in 2019 will be almost 230,000 b/d lower than last year, according to ESAI Energy’s recently published North America Watch.

Surging LNG Imports Drive Down British Wholesale Gas Prices

Britain's imports of liquefied natural gas (LNG) for March are at their highest levels since October 2015, helping British wholesale gas prices slide to a more than 18-month low.

Petrobras Looking at $10 Billion in Divestments, Including Pipeline Unit

Roberto Castello Branco, the chief executive of Brazil’s Petroleo Brasileiro SA, said he believes the company will divest $10 billion in assets in the first four months of 2019, aided by the sale of a major pipeline unit.

At Least 5 Killed in Iran Gas Pipeline Explosion

A gas pipeline explosion in southwestern Iran killed at least five people and injured six, the Tasnim news agency reported.

John Deere

John Deere John Deere introduced two G-Series motor graders to the European market through the Wirtgen Group distribution network in Germany and France. The European rollout focused on the six-wheel drive 622GP and 672GP models that feature fuel-efficient Final Tier 4 John..

Global News

Finland, Estonia and Latvia Sign Deal for Single Gas Tariff Zone Gas transmission operators of Finland, Latvia and Estonia signed an agreement on to set up a single gas transmission tariff zone for the three countries from the start of 2020. The agreement fulfills a goal ..

Storage Tanks Explode at Venezuela Heavy Oil Project

Two storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a legislator.

Pakistan to Open Gas Fields, Pipelines to Attract Foreign Investment

Pakistan plans to offers dozens of gas field concessions in the coming year to fill in a fuel shortage, a senior official said, with Islamabad hoping a sharp drop in militant violence and changes to exploration policy will attract foreign investors. To encourage development, the government also plans to make its pipeline system more accessible and affordable.

U.S. Energy Information Administration Forecast Continued Growth of Natural Gas Production and Export

The 2019 Annual Energy Outlook (AEO2019) Reference case produced by the U.S. Energy Information Association (EIA) shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Texas.

Argentina Plans Vaca Muerta Production Boost, Pipeline Buildout

Argentina's energy secretary today reiterated his country's commitment to build infrastructure and boost output of natural gas, citing plans for a new 22 MMcm/d pipeline from the Vaca Muerta shale producing region to Buenos Aires.