Regions
US Poised to Become Net Exporter of Crude Oil in 2023
Sales of U.S. crude to other nations are now a record 3.4 million bbl/d, with exports of about 3 million bbl/d of refined products like gasoline and diesel fuel. The United States is also the leading LNG exporter, where growth is expected to soar in coming years.
Winter Storm Cuts North Dakota's Shale Oil Production
A winter blizzard sweeping across the northern United States has cut North Dakota's oil output by 200,000 to 250,000 barrels per day, or 18% to 22%, state Pipeline Authority Director Justin Kringstad estimated on Friday.
Norway's Hoegh LNG in Talks to Supply More Regasification Vessels to Europe
Norway's Hoegh LNG is in talks to supply more of its floating storage and regasification units to several European countries seeking alternatives to Russian gas, its CEO said.
US Energy Regulator Approves Energy Transfer's 135-Mile Louisiana Gas Pipeline
Pipeline operator Energy Transfer on Thursday received approval to start operations on a natural gas pipeline that will deliver fuel to the U.S. Gulf Coast at a time of supercharged demand overseas.
TC Energy Restarts Segment of Keystone Pipeline Unaffected by Oil Spill
Canada's TC Energy Corp. is resuming operations in a section of its Keystone pipeline a week after a leak of more than 14,000 barrels of oil in rural Kansas triggered the whole pipe's shutdown.
Putin Plans to Increase Gas Sales to China
President Vladimir Putin said on Thursday that Russia would increase gas supplies to "the East", particularly China, and set prices for sales to Europe using an electronic platform.
Williams to Acquire 2,000 Miles of Gas Pipeline from Southwest Gas for $1.5 Billion
MountainWest comprises roughly 2,000 miles of interstate natural gas pipeline systems primarily located across Utah, Wyoming and Colorado, totaling approximately 8 Bcf/d of transmission capacity.
Kremlin: No Decision Yet on Repair of Nord Stream Gas Pipelines
Kremlin spokesman Dmitry Peskov said on Thursday that no decision had been made yet on whether to go ahead with a repair of the undersea Nord Stream gas pipelines that were damaged by explosions in September.
German Pipeline Firms Say They Will 'Make Hydrogen Happen' in 2025
Germany's Gascade, Ontras and terranets have agreed to convert high-pressure gas pipelines to transport low-carbon hydrogen from the Baltic Sea all the way the south of the country by 2025, the companies said on Thursday.
Canada to Bring Back Sanctions on Nord Stream Pipeline Parts
Canadian Prime Minister Justin Trudeau’s government will revoke the waiver that exempted Nord Stream pipeline turbines from Canadian sanctions on Russia’s oil and gas industry, Bloomberg News reported on Wednesday, citing a senior government official.
Wintershall Dea and Partners to Invest $800 Million in Norway Gas Field
Germany's Wintershall Dea and its partners Petoro and Sval Energi will invest roughly $803.6 million to develop the Dvalin North gas field in the Norwegian Sea, the companies and Norway's energy ministry said on Tuesday.
Hungary to Start Talks with Qatar About Buying LNG
Hungary and Qatar have agreed that their state-owned energy companies will start talks about Hungary buying LNG from the Gulf Arab state, Foreign Minister Peter Szijjarto said in a Facebook video on Wednesday.
Keystone Pipeline Operator Recovers About 2,600 Barrels of Oil from Kansas Creek
Canada's TC Energy Corp. said it had cleaned up almost 2,600 barrels of oil from the largest U.S. crude spill in nearly a decade, but the timetable to restart the Keystone Pipeline following its rupture last week remained unclear.
IEA: EU Could Face 27 Bcm Gas Shortage Next Year
If Russia was to cut the small share of gas it still delivers to Europe, and Chinese gas demand rebounded from COVID-19 lockdown-induced lows, the EU could face a gas shortfall of 27 billion cubic meters (Bcm) in 2023, the IEA said. Total EU gas consumption was 412 Bcm in 2021.
VTTI Plans to Build New Floating LNG Platform in Netherlands by 2024
Dutch energy company VTTI said on Monday it plans to build a new floating LNG terminal in the Netherlands with capacity to import 5 billion cubic meters of gas annually.
Argentina Bags $689 Million from Brazilian Bank for Vaca Muerta Pipeline Project
Argentina has secured financing of $689 million from Brazilian state development bank BNDES for the second stage of a crucial natural gas pipeline in the huge Vaca Muerta shale region, energy secretary Flavia Royon said on Monday.
Major Oil Pipeline Outage to Hit US Stockpiles, Refinery Supplies
An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil refining centers, analysts and traders said on Friday.
TC Energy Says Has Not Found Cause of Keystone Oil Pipeline Leak
TC shut the pipeline after more than 14,000 barrels of crude oil spilled into a creek in Kansas on Wednesday, making it one of the largest U.S. crude spills in nearly a decade.
Canada’s Pembina to Sell Near $500 Million Stake in 348-Mile Gas Pipeline System
KAPS is a 560-km (348-mile) pipeline system that transports natural gas liquids between Western Canada's Montney and Duvernay fields to Keyera's processing facilities in Fort Saskatchewan.
Savannah Energy Acquires Exxon’s 672-Mile Chad-Cameroon Pipeline
Exxon Mobil Corp. on Friday closed a $407 million sale of its operations in Central Africa's Chad and Cameroon to London-listed firm Savannah Energy Plc. The deal will see the firm take over Exxon's 40% indirect interest in the Chad-Cameroon export transportation system — a 1,081-km (672-mile) pipeline and floating storage and offloading facility offshore in Cameroon.
Netherlands to Spend Up To $548 Million to Fill Gas Storage for Next Winter
The Dutch government expects to spend up to $548.4 million to sufficiently fill the gas storage at Bergermeer, one of Europe's largest, in the winter of 2023-2024.
280-Mile Hydrogen Pipeline Connecting Spain to France to Cost $2.6 Billion
An underwater pipeline set to carry green hydrogen between Spain and France will cost about $2.6 billion, Spanish Prime Minister Pedro Sanchez said on Friday, adding he hoped the European Union would partly fund the project.
Russia’s NG Pipeline Exports to Europe Near 40-Year Lows
(P&GJ) — Russia’s natural gas exports by pipeline to the European Union and the United Kingdom declined by almost 40% during the first seven months of 2022 compared with the same period in 2021, and by almost 50% compared with the previous five-year (2017–21) average, according to data from Refinitiv Eikon.
Pipeline Operator Kinder Morgan Forecasts Higher 2023 Betting on Strong Demand
Kinder Morgan Inc. on Wednesday raised its adjusted core earnings outlook for 2023, as the U.S. pipeline operator bets on higher demand for transporting crude oil, gas-liquids and carbon dioxide.
Ørsted Plans Large-Scale Green Hydrogen Project in Denmark
Renewable energy firm Orsted on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleaner energy. The first stage of the investment in the so-called Power-to-X facility is estimated at somewhere between $141-$705 million.
XRI Commences Construction of 230-Mile Water Pipeline System in Permian Basin
(P&GJ) — When the Evolution Pipeline system is completed, the combined system will comprise 230 miles of pipeline infrastructure with recycling facilities and produced water disposal wells covering much of the Permian Basin. The pipeline has already secured long-term contracts from operators Chevron, Exxon, XTO Energy and Pioneer Natural Resources.
Sempra Energy Strikes 15-Year LNG Supply Deal with France's ENGIE
Sempra Energy said on Tuesday it would supply about 0.875 MTPA of LNG to French power company ENGIE for 15 years from its proposed Port Arthur LNG project in Texas.
Bison Water Midstream Gains Oklahoma Infrastructure with Lagoon, Overflow Energy Deal
(P&GJ) — Through the acquisition, Bison's integrated water infrastructure platform is now comprised of a 750-mile water gathering system, 60 disposal facilities, 5.7 million barrels of storage capacity, 100,000 barrels per day of recycling/reuse capacity, and over 20 long-term contracts covering 17 million dedicated AMI acres across the entire Basin.
Trafigura Enters $3 Billion Loan to Supply Germany's Sefe with Gas
Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to supply gas to German gas trader Sefe, formerly known as Gazprom Germania, and help Europe's largest economy secure volumes long-term.
Moldovagaz to Buy Gas from Energocom, Russia’s Gazprom
Moldova's natural gas company Moldovagaz will start buying gas from domestic supplier Energocom while continuing to buy it from Russia's Gazprom, the head of Moldovagaz said late on Saturday.
- Czechs to Get Capacity Boost Through TAL Oil Pipeline
- Methane Emissions Problem Requires Better Monitoring
- Germany Plans 1,118-Mile Hydrogen Pipeline Network by 2027
- TC Energy’s Keystone Pipeline Shut After Oil Release into Kansas Creek
- Commodities Trader Trafigura Doubles Profit to Hit New Record in 2022
