Regions
Pipeline Operator TC Energy Beats Profit Estimates, Eyes Asset Sales to Fund Coastal GasLink Project
Canada's TC Energy Corp. beat analysts' estimates for first-quarter profit on Friday and said it was actively looking to sell $3.67 billion worth of assets this year to reduce debts and fund other projects, such as the Coastal GasLink pipeline in British Columbia that has seen major cost over-runs.
Shell's Zydeco Pipeline Shut on April 25 After Oil Leak
Shell Pipeline Co.'s Zydeco oil pipeline — which alleviates transportation bottlenecks of crude arriving in Houston from the Eagle Ford, Permian and Bakken regions — was shut on April 25 after a limited release of crude oil was detected in the Intracoastal Waterway.
US Venture Global Signs 20-Year LNG Supply Deal with Japan's JERA
U.S. company Venture Global LNG announced a deal to supply LNG to Japan's JERA for 20 years, where it agreed to sell 1 MTPA of LNG to JERA, Japan's biggest power generator and one of the world's biggest LNG buyers, from its CP2 LNG project.
Italy's Energy Dome Raises $44 Million to Focus on CO2 Storage in US
Energy Dome, an Italian startup focusing on CO2 energy storage solutions, said on Friday it had raised 40 million euros ($44 million) from investors to fund expansion in the U.S.
Norway Plans to Nationalize Gas Pipelines When Concessions Expire
Norway plans to nationalize most of its gas pipeline network when many existing concessions expire in 2028, the oil and energy ministry said on Friday, to tighten control over key infrastructure.
Hess, Exxon Make New Oil Discovery in Guyana’s Stabroek Block
The discovery on the group's Stabroek Block is the latest of more than 30 in the South American country's offshore waters since 2015. Hess holds a 30% stake in the consortium and said the discovery may help justify a new oil project.
TotalEnergies Says Mozambique LNG Restart Complicated by Cost Disagreements
The restart of TotalEnergies' $20 billion Mozambique LNG project is being complicated by disagreements with contractors over extra costs, the company said on Thursday.
Unable to Process Venezuela's Heavy Oil, Cuba Turns to Russia, Mexico
Cuba increasingly is turning to Russia and Mexico for oil to ease an acute shortage of diesel and gasoline and supplement dwindling supplies of Venezuelan crude and fuel, according to shipping data and sources.
First Nations: Canada’s New Infrastructure Power Brokers
(P&GJ) — After decades of largely contentious relations between Indigenous groups and energy infrastructure developers, Canada’s First Nations are beginning to embrace the economic opportunities that pipeline and export projects can offer – a trend that could make it easier to approve and complete future projects.
Explainer: Can Joint Gas Buying Boost Europe's Energy Security?
The European Union opened a scheme this week for companies to jointly buy gas, aiming to secure supplies ahead of winter and avoid a repeat of last year's record-high energy prices.
Russia Looks to Companies Beyond Gazprom to Supply Gas to China
Russia is considering supplying natural gas to China by a 2,600-km (1,620-mile) pipeline from companies other than Kremlin-controlled Gazprom, which currently has the monopoly for Russian pipeline gas exports, an Energy Ministry official said on Tuesday.
Naftogaz Held Talks with Exxon, Chevron, Halliburton About Energy Projects in Ukraine -FT
Naftogaz has held talks with Exxon Mobil, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment to its energy sector, the Financial Times reported on Friday. Naftogaz hopes to sign a contract with Halliburton that would help increase production to a target of 13.5 Bcm this year.
Eni Launches $5 Billion Gas Liquefaction Project in Congo Republic
Italian energy group Eni and Congo Republic's government on Tuesday launched a $5 billion gas liquefaction project expected to reach a production capacity of 3 million tonnes per year in 2025.
Dutch Government Confirms Plan to Halt Gas Production in Groningen
The Dutch government said on Tuesday that it will invest $24.24 billion in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.
Energy Firms in Germany Join Up for Sea-to-Inland Hydrogen Route
Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power, by 2030 and import massive volumes from overseas to help industries such as steelmaking or cement replace millions of tonnes of heavily carbon polluting "grey" hydrogen made with gas.
Cenit: Colombia's Transandino Oil Pipeline Bombed
The Transandino Pipeline runs along Colombia's border with Ecuador, taking up to 85,000 barrels of crude per day to an export terminal in Tumaco, a Pacific port in the country's Narino province.
Nigeria's NNPC Says 384-Mile AKK Gas Pipeline Is 70% Complete
Construction of Nigeria's 614-km (384-mile) natural gas pipeline is 70% complete, the head of state oil firm NNPC said on Monday, missing a target he initially set to finish the project by the end of the first quarter.
Tellurian Receives US Approval for Driftwood Gas Pipelines
Liquefied natural gas developer Tellurian Inc. said on Monday the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4 billion Driftwood natural gas transmission pipeline project.
Delfin Signs 20-Year LNG Supply Deal with Hartree
(P&GJ) — Under the agreement, Delfin LNG will supply 0.6 MTPA on a free-on-board basis at the Delfin Deepwater Port, 40 nautical miles off the coast of Louisiana, to Hartree for a 20-year period.
Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
Canada's TC Energy on Friday said a 14,000-barrel oil spill from its Keystone pipeline in rural Kansas in December was primarily due to a progressive fatigue crack, which originated during the construction of the pipeline.
Chad Nationalizes Exxon’s 621-Mile Pipeline as Dispute Over Asset Sale Escalates
Chad has recalled its ambassador to neighboring Cameroon in the latest escalation of a dispute over the sale by Exxon Mobil of its oil assets in both countries to Savannah Energy.
Colombia's Cano Limon-Covenas Pipeline Attacked for Ninth Time in 2023
The suspension of pumping operations at Colombia's Cano Limon-Covenas oil pipeline will be prolonged after a new bombing attack damaged its infrastructure in the country's Arauca province, oil transportation company Cenit said.
Liberty Energy Says 15 New Frac Fleets to Hit US Market This Year
The second-largest U.S. shale fracturing firm Liberty Energy on Thursday said service firms have about 30 new frac fleets in development and about half of those will hit the market this year.
Williams, MPLX, WES DJ Gathering Reach Settlement with EPA, DOJ Over Methane Leaks
The settlements announced by the Department of Justice and the Environmental Protection Agency require the three natural gas processors to pay a combined $9.25 million in civil penalties and make about $16 million in improvements at plants and compressor stations.
CEO: Woodside's Stalled Browse LNG Project Still 'Very Attractive'
The estimated $13.8 billion Browse project to develop Australia's largest untapped gas resource has been bogged down for years by demand uncertainty and negotiations over a processing agreement.
Tech Notes: Unpiggable In-Line Inspection Completed in South America
(P&GJ) — A team of Dexon pipeline engineers recently completed the inspection of a 20-mile (32-km), 3-inch diameter unpiggable or “challenging” underground petrochemical distribution pipeline, running from an onshore processing facility to a port on the South American coast.
Oman Hydrogen Options Include New Pipelines, Underground Storage
(P&GJ) — Oman is gearing up its efforts to attract international investment into developing hydrogen hubs in the country, including an extension of its bid submission deadline for its first site auction for green hydrogen projects.
PG&E Reduces Emissions from Gas Pipelines by More Than 20%
(P&GJ) — PG&E's Gas Operations and Engineering teams took a comprehensive approach to reduce emissions from the natural gas system, including enhancing the leak survey program that now assesses more than 42,000 miles of natural gas distribution pipeline every three years versus the previous every-five-years rotation.
Italy's Eni, Snam Offer Slovakia Gas Supply and Storage
Italy's energy group Eni and gas grid operator Snam on Thursday signed two agreements with Slovakia's biggest energy provider SPP for the supply and storage of gas and LNG.
Biden Administration Says Republican Concerns About Oil Reserve Damage Unfounded
The Biden administration said concerns of Republican lawmakers that last year's record drawdown of oil from the Strategic Petroleum Reserve damaged the system's delicate salt caverns were unfounded, a letter seen by Reuters on Wednesday showed.
- PG&E Reduces Emissions from Gas Pipelines by More Than 20%
- Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
- Spain's Tecnicas Reunidas, FCC to Build LNG Terminal Worth $1.1 Billion in Germany
- Canada Offers $26 Billion Green Tax Credits But Still Trails Behind US Incentives
- Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
- Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
- Permian In Spotlight as Energy Dealmaking Gathers Steam
- Trans Mountain Pipeline Expansion Project to Nearly Triple Current Capacity to 890,000 bpd
- Colombia's Cano Limon-Covenas Pipeline Attacked for Ninth Time in 2023
- Chad Nationalizes Exxon’s 621-Mile Pipeline as Dispute Over Asset Sale Escalates
