Regions

UAE’s ADNOC Pipeline Investment Deal Reaches Nearly $5 Billion

Singapore’s sovereign wealth fund (GIC) is investing $600 million in Abu Dhabi National Oil Company’s (ADNOC) crude pipeline infrastructure, raising total outside investment in the newly formed ADNOC Oil Pipelines to $4.9 billion.

South Africa Targets First LNG Import Terminal by 2024

State-owned freight logistics firm Transnet plans to launch a tender next year for South Africa’s first terminal to import liquefied natural gas (LNG) at Richards Bay port, with first gas expected to land in 2024, a senior official said.

Israel Expects to Begin Gas Exports to Egypt By Year End

Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt and expects to begin exports by year end. That schedule was reaffirmed by Israeli Energy Minister Yuval Steinitz, who told Reuters in late July that gas exports to Egypt would begin within four months.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

Court Bars PennEast from Seizing N.J. State Property for Pipeline

A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

India, Nepal Open South Asia’s First Cross-Border Oil Pipeline

India and Nepal officially opened South Asia's first cross-border oil pipeline on Tuesday, a project seen as part of New Delhi's efforts to increase its influence in the Himalayan nation where China is also making deep inroads.

China's August Crude Imports Rise Amid Fuel Surplus

China's crude oil imports gained about 3% in August from a month earlier, customs data showed on Sunday, buoyed by a recovery in refining margins despite a persistent surplus of oil products and tepid demand.

Putin Pushes For Potential Gas Pipeline Through Mongolia

Russian President Vladimir Putin told the head of state-controlled Gazprom to consider making Russian gas exports to China via Mongolia, the Kremlin said on Monday.

Pipeline Operator EMG Signs Terminal Deal for Israel-Egypt Gas Exports

The East Mediterranean Gas (EMG) pipeline operator signed a deal to use a terminal belonging to Israel’s Europe Asia Pipeline Company (EAPC) for the export of natural gas to Egypt, the companies said on Sunday.

New York Vows to Fight FERC Ruling on Consitution Pipeline

The New York regulatory agency that failed to act on a water quality certification for Williams' planned Constitution Pipeline said it will fight a federal ruling that it waived the decision through inaction. Some analysts, however, predicted the project may move ahead to completion by 2021.

Shell Delays U.S. Lake Charles LNG Export Project to 2025

Royal Dutch Shell has asked to extend the time by which it should complete its planned LNG export project in Louisiana with partner Energy Transfer by five years to 2025, regulatory filings showed.

Texas Waha Gas Prices Rise Ahead of Gulf Coast Pipeline Start-Up

Spot natural gas prices at the Waha hub in the Permian basin in West Texas rose to their highest since March as Kinder Morgan Inc’s new Gulf Coast Express pipeline prepares to enter service over the next month.

NuStar Completes Pipeline Projects, Begins Moving Volume

NuStar Energy has announced that it has completed and is moving volumes on three key pipeline projects that will significantly expand the partnership's capacity to move Permian crude oil to Corpus Christi for export, and to move refined products into Northern Mexico.

Canadian Court Allows New Challenges to Trans Mountain Expansion After Previous Government Approval

Canada's Federal Court of Appeal on Wednesday agreed to hear six challenges to the Canadian government's earlier approval of an expansion of the Trans Mountain oil pipeline, potentially adding to delays ahead of an October election.

Antin Infrastructure Looks to Sell Major UK Gas Pipeline

Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said.

Ugandan Oil Pipeline Work Suspended Due to Collapse of Tullow-Total Deal

Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's plan to sell a stake in the project to France's Total and China's CNOOC was called off last week.

Williams Completes Rivervale South to Market Project

Williams announced today that it has successfully placed into full service its Rivervale South to Market project – an expansion of the existing Transco natural gas pipeline system to meet growing heating and power generation demand for northeastern consumers.

Clean-Up of Polish Section of Druzbha Pipeline Could Take a Year

The operator of the Polish section of the Druzbha oil pipeline said on Tuesday that it could take up to a year to completely clean its part of the network.

Cheniere Completes Second Train at Corpus Christi LNG Project

Cheniere Energy, the largest U.S. exporter of LNG, on Tuesday announced that Train 2 of its Corpus Christi, Texas, liquefaction project has been declared substantially complete.

China’s Gas Consumption Growth Rate Expected to Slip in 2019

China’s natural gas consumption growth rate is expected slow to around 10 percent in 2019, from 17.5 percent last year, amid easing economic growth and pressure on the country’s production, storage and gas sales network, a government report showed.

Rosneft says Transneft Offered No Solution to Tainted Oil Crisis

Kremlin-run oil giant Rosneft said on Tuesday that Transneft, which manages Russia's oil pipelines, had failed to deliver a solution to a tainted-oil crisis that slashed the country's crude exports, more than four months since it erupted.

Papua New Guinea Sticks to $13B Gas Deal with Total

Papua New Guinea said on Tuesday it will honor a $13 billion gas deal that Total SA signed with a previous government to expand gas exports, after securing minor concessions from the French company.

Asia's Imports of U.S. Crude Hit Record, but Pullback Likely: Russell

Columnist Clyde Russell says Asia’s record crude oil imports from the United States in August may be as good as it gets for some time - and not only because of the escalating trade war between Washington and Beijing.

U.S. to Help Poland, Ukraine Cut Dependence on Russian Gas

The United States, Poland and Ukraine agreed to enhance cooperation over secure gas supplies in the region which still relies on Russia.

Ruptured Nigerian Pipeline Spilled Oil: NNPC

A pipeline that ruptured on Friday in Nigeria's Delta state spilled oil, but has been contained, the head of state oil company NNPC said.

New Pipelines, Hurricane Drive WTI Inventories Down, Prices Up

U.S. oil futures rose 1.7% on Thursday, lifted by a deep draw on U.S. crude inventories, especially at the benchmark's delivery hub due to increased demand with the start-up of two new West Texas pipelines.

Russian LPG Firm Battles Middle East for Chinese Market

An independent Russian producer has made a foray into China's market for LPG, jostling with Middle Eastern countries for what could be a lucrative foothold, market data showed and traders said.

Feds Clear Way for Williams Pipeline over NY Objections

Federal regulators have cleared the way for a Williams Partners natural gas pipeline to move forward despite New York’s denial of a water quality permit that had blocked the project.

Gazprom Braces for Decline in European Gas Exports, Prices

Kremlin-controlled energy giant Gazprom on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 following record-high volumes last year.