Regions

Short-Term Energy Outlook Heavily Influenced by Russia’s Invasion

EIA’s March Short-Term Energy Outlook (STEO) addresses heightened levels of uncertainty resulting from a variety of factors, including Russia’s further invasion of Ukraine.

European Markets Looking to Canada, but More Pipe Needed First

When Justin Trudeau became Canada’s prime minister in 2015, the Syrian civil war had reached its violent peak and refugees were streaming across the Atlantic.

US To Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge

The plan calls for the government to lease fewer acres for drilling than initially proposed, charge steeper royalties to oil and gas companies, and assess the climate impact of developing the acreage.

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

Pipeline Capacity Growth Fuels Record Haynesville Gas Production

Natural gas production from the Haynesville shale reached record highs in late 2021 and remained relatively strong in early 2022 on greater takeaway capacity and demand, a new government report revealed Wednesday.

Italy Clinches Gas Deal with Algeria to Temper Russian Reliance

Algeria is Italy's second-biggest gas supplier. The Transmed pipeline has a daily capacity of more than 110 million cubic meters but currently transports only around 60 million cubic meters.

Mountain Valley Pipeline Wins Federal Approval for Stream Boring

Federal regulators approved MVP's permit request to bore under about 180 streams and wetlands it must cross to complete the 300-mile natural gas pipeline.

Shell, Uniper Partner on UK Low-Carbon Hydrogen Facility

The project will include a blue hydrogen production facility with a capacity of up to 720 megawatts using gas reformation technology with carbon capture and storage.

Warburg Pincus Uses Price Volatility to Place RimRock Oil & Gas Up For Sale

Warburg Pincus is taking advantage of the upswing in commodity prices to offload Bakken gas producer RimRock Oil & Gas, its second attempt to sell the company in just over a year.

TotalEnergies to Hike LNG Production in US with Cameron Expansion

French energy major TotalEnergies SE said it would step up its LNG activities in the U.S. by expanding production at the Cameron site in Louisiana.

BASF Reports Q1 Profit Slump Due to Nord Stream 2 Impairments

Germany halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

OGE Plans Pipeline Link for Wilhelmshaven LNG Terminal

Germany's biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30 km (18 miles) LNG link from a planned terminal at the North Sea port of Wilhelmshaven by the end of the year.

Bolivia Gas Deal to Save $769 Million, Replace LNG Imports

Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive LNG.

Spain to Open Idle Liquid Gas Facility as European Storage Base

Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.

Sempra Wins Extension to Build Pipelines in Texas, Louisiana

FERC has granted Sempra Energy an extension to build two pipelines in Texas and Louisiana to connect to a Texas LNG plant, and NextDecade Corp. is also seeking more time to build a Texas LNG project.

Argentina Seeks Bolivia Gas Boost as LNG Costs Soar — Sources

The South American country is looking for alternative gas supplies after being hit hard by rising LNG costs linked to the war in Ukraine, which threaten to leave it mired a deep energy trade deficit this year.

US Diplomat: Proposed EastMed Gas Pipeline Is Not Viable

Europe needs to swiftly find alternative sources of energy following Russia's invasion of Ukraine but a proposed pipeline taking east Mediterranean gas to the continent via Israel, Cyprus and Greece is not viable, a senior U.S. diplomat said.

Midcoast Energy Explores Sale of East Texas Pipelines — Sources

Midcoast Energy operates a 3,625-mile (5,834 km) gathering and processing pipeline network that transports natural gas and natural gas liquids, as well as a marketing and logistics business, according to its website.

EPIC Crude Delivers Record Volumes from Permian Basin, Eagle Ford

Formed in 2017, the company built and operates a 700-mile crude oil pipeline that extends from Orla, Texas, to the port of Corpus Christi, servicing the Delaware, Midland and Eagle Ford basins

Greece, Cyprus, Israel Continue Work on Natgas Pipeline Projects Amid Ukraine War

Greece, Cyprus and Israel will continue working together on natural gas pipeline projects with European energy dependency a new focus because of the war in Ukraine.

ClassNK Approves J-DeEP’s Design for Floating Hydrogen Production Plant Offshore Scotland

ClassNK, a Tokyo-based ship classification society, issued an Approval in Principle (AiP) for the design of a floating offshore hydrogen production plant developed by Japan Offshore Design & Engineering Platform Technology & Engineering Research Association (J-DeEP).

Russian Gas Flows on Key Pipelines to Europe Remain Steady

Russian gas deliveries via three key pipelines into Europe were little changed on Tuesday morning, with physical flows on the Yamal-Europe pipeline at the German border point of Mallnow at zero for a third day.

Venture Global to Buy Gas from NextEra for Louisiana Plaquemines LNG

U.S. LNG company Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant in Louisiana, expected to start up in 2024, from a unit of U.S. energy company NextEra Energy Inc.

ARM Energy Holdings, Affiliates Acquire Monument Pipeline from NextEra Energy Partners

ARM Energy Holdings LLC has acquired Houston-based natural gas pipeline Monument Pipeline LP from affiliates of NextEra Energy Partners LP. Monument is a natural gas transportation system with approximately 156 miles of pipeline.

Exxon Mobil Suspends Russian Far East LNG Project

Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.

Sempra Energy Enters Agreement for Cameron LNG Phase 2

Sempra Energy said its LNG unit has entered into an agreement with affiliates of TotalEnergies, Mitsui & Co., and Japan LNG Investment LLC to increase the capacity of its Cameron LNG Phase 2 export project in Hackberry, Louisiana.

Mexico Plans Three Gas Liquefaction Facilities, Eyes Tender Process

Mexican wants to build new gas liquefaction facilities to export excess gas and will put the plants out to tender if he does not get commitments for their construction within a month, President Andres Manuel Lopez Obrador said on Friday.

Gas Flows Via Yamal-Europe Pipeline Resume Eastwards; Other Flows Steady

Russian gas via the Yamal-Europe pipeline has resumed eastward flows from Germany to Poland, while flows via other major Russian supply routes were steady despite President Vladimir Putin's vow to cut off flows unless customers pay in rubles.

Europe's Appetite for US Gas Fast-Tracks Two New LNG Projects

Two U.S. LNG projects took major steps toward launching this week as Russia's threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel.

Alberta Picks Six Proposals to Develop Canada's First Carbon Storage Hubs

Canada's main oil-producing province Alberta has selected six proposals to move forward with developing Canada's first carbon storage hubs, intended to help cut climate-warming emissions by permanently sequestering them underground.