Regions

TotalEnergies Sells 49% Stake in Russian Gas Field to Novatek

TotalEnergies agreed to sell to Novatek its 49% interest in Russia’s Termokarstovoye gas field back in July based on the company’s publicly shared principles of conduct for its Russian related business.

Pipeline Operator Gail Says India in Talks with Russia to Resume Gas Supply Deal

India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd., the state-run Indian company's chairman said at an annual shareholder meeting on Friday.

Occidental to Begin Construction on Direct Air Carbon Capture Facility in Permian Basin

The direct air capture plant will be the world’s largest of its kind and is expected to capture up to 500,000 metric tons of carbon dioxide per year once operational with the capability to scale up to 1 million metric tons per year.

Peru Court to Hear $4.5 Billion Lawsuit Against Repsol Over Pipeline Oil Spill

A Peruvian judge on Tuesday admitted a $4.5 billion lawsuit against Spanish oil firm Repsol SA, eight months after an underwater oil pipeline owned by the company caused a spill of over 10,000 barrels into the Pacific Ocean.

Inpex, Woodside, TotalEnergies Score Acreage for CCS Studies Offshore Australia

Australia has awarded Japan's Inpex Corp., France's TotalEnergies and Woodside Energy Group offshore acreage permits for assessing carbon emissions storage as the government pushes to speed up emissions reductions.

Permian Basin Midstream Expands to Deliver More Gas to the World

(P&GJ) — The world needs more natural gas, and the Permian Basin is gearing up to deliver it with a flurry of midstream projects that will expand gathering and processing infrastructure and add an expected 6 Bcf/d of pipeline takeaway capacity within the next two years.

CPC Terminal Repairs to Delay Russian, Kazakh Crude Exports

Russian and Kazakh oil exports via the Caspian Pipeline Consortium's (CPC) Black Sea terminal face at least one month's disruption each once repairs begin on two of its three single mooring points, CPC confirmed on Tuesday.

Canada Examines Feasibility of Direct LNG Exports to Europe

Canada is exploring ways to see if there is a business case to export LNG directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.

France Pushes for Gas Terminals over Building $3 Billion Pipeline to Combat Crisis

A third gas pipeline between Spain and France would cost at least $3 billion and take years to complete, making it a less attractive option to address Europe's supply worries than new terminals to receive fuel by boat, France's energy transition ministry said.

Gazprom to Halt Natural Gas Deliveries on Nord Stream 1 Pipeline for Maintenance Work

The unscheduled maintenance on the Nord Stream 1 pipeline, which runs under the Baltic Sea to Germany, deepens an energy standoff between Moscow and Brussels which has already helped send inflation surging in the region and raised the risk of rationing and recession.

Judge Sides with Enbridge Against Michigan to Send Pipeline Dispute to Federal Court

In a small victory for Enbridge, a judge ruled on Thursday that a state of Michigan lawsuit aimed at forcing the pipeline operator to shut down operations the Line 5 oil pipeline beneath the Straits of Mackinac in the Great Lakes will be heard in federal court.

Midyear International Update: Midstream Steps Up as Europe Pivots from Russian Energy

(P&GJ) — Six months into Russia’s war on Ukraine, a global oil and gas supply squeeze has been further tightened by sanctions on the world’s largest energy exporter, sending power and fuel prices soaring.

Tellurian Completes $126 Million Acquisition of Haynesville Natural Gas Assets

Tellurian Inc. subsidiary Tellurian Production LLC said on Thursday it has closed the previously announced acquisition of certain assets in the Haynesville Basin from privately held EnSight IV Energy Partners, LLC and EnSight Haynesville Partners LLC.

EIA: US Natural Gas Pipeline Exports to Mexico Reach Record High in May

Natural gas pipeline exports from West Texas to Mexico averaged 1.6 billion cubic feet per day during May 2022—the most pipeline exports from West Texas on record, the U.S. Energy Information Administration (EIA) said on Thursday.

Australia's Santos Moves Forward with $2.6 Billion Alaska Oil Project

Australia's Santos Ltd. said on Wednesday it will move ahead with developing a $2.6 billion Alaskan oil project in a surprise decision that sent the energy producer's shares lower despite it posting a record first-half profit.

Britain Set to Receive Rare LNG Shipment from Australia

Britain is set to receive a rare shipment of LNG from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.

Two Oil Pipelines Destroyed by Explosives in Nigeria, Officers Arrest Four

Nigerian police said on Tuesday two oil pipelines that feed the Brass export terminal, one of Nigeria's export streams operated by Italian group Eni, were recently blown up by explosives.

FERC Grants Trans-Foreland Pipeline Extension for Alaska LNG Import Project

Marathon Petroleum Corp.'s Trans-Foreland Pipeline Co. unit received more time to convert the Kenai LNG export plant in Alaska into an import terminal, U.S. energy regulators said on Tuesday.

Germany Secures Deal with Uniper, RWE for Floating LNG Terminals

Germany signed a memorandum of understanding on Tuesday with the country's top gas importers to safeguard the supply of two floating LNG gas terminals it needs to reduce reliance on Russian energy.

Spotlight on Mexico: Construction Begins on Tequila Valley Gas Pipeline

(P&GJ) — Mexican’s Corporación CH4 S.A. will carry out the construction of the Camino Real de Tequila Gas Distribution System to distribute high- pressure natural gas to the industrial zone in Tequila.

Oil Industry Ready to Tap $430 Billion Climate Fund for Carbon Capture Projects

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.

EIA: Permian Oil Output Forecast to Hit Record High in September

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bbl/d) to a record 5.408 million bbl/d in September, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday.

Norway's July Natural Gas Exports Hit Record High as Demand, Prices Soar

Norwegian natural gas exports hit a record high of $13.26 billion in July as prices and demand in Europe surged amid disruption of Russian supplies, official data showed on Monday.

Gazprom Boosts Gas Flows to Hungary Via Turkstream Pipeline

Russia's Gazprom has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday.

Kazakhstan Plans to Sell Crude Oil Via Azeri Pipeline to Bypass Russia

Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, three sources familiar with the matter said.

New Gas Pipeline Linking Spain to France Could Be Operational in Nine Months

A potential new gas connection between Spain and France could be ready to operate in less than a year's time, Spanish Energy Minister Teresa Ribera said on Friday, if France and other European countries agreed on the project.

Uniper Open to Trade Australian LNG for US Gas to Supply Europe Quicker

Germany's Uniper is prepared to swap LNG it gets from Australia's Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.

German Chancellor Pushes for New European Gas Pipeline

German Chancellor Olaf Scholz on Thursday pushed for the construction of a pipeline from Portugal through Spain and France to central Europe to wean Europe from Russian energy dependence.

Australia's Santos Buys Underground Gas Pipeline to Offset Supply Crunch

Australia's Santos Ltd. said on Thursday it had bought a company that owns an approved underground pipeline route and would work with infrastructure developers to build the planned 883-km (550-mile) pipeline, which was approved to run from the Wallumbilla gas supply hub in Queensland to New South Wales.

Oil Falls as Druzhba Pipeline Resumes Flows, US Stocks Build

Oil prices fell on Wednesday as flows on the Russia-to-Europe Druzhba pipeline resumed and after U.S. crude stocks rose far more than anticipated.