Regions

Gas Pipeline Damaged in Ukraine's Kherson Region, No Sign of Disruption in Supply to EU

A gas pipeline has been damaged as a result of a strike by the Ukrainian armed forces near the Kakhovka hydroelectric power plant in Ukraine's Kherson, a region currently controlled by Russian forces, TASS reported on Monday, citing the regional administration.

Algeria to Sign $4 Billion Gas Supply Deal with Italy

Algeria will supply "very big volumes of gas" to Italy through a $4 billion deal, President Abdulmadjid Tebboune said on Monday, hailing a "strategic partnership" with Rome during a visit by Italian Prime Minister Mario Draghi.

Russia's Gazprom Declares Force Majeure on Some Gas Supplies to Europe

Russia's Gazprom has declared force majeure on gas supplies to Europe to at least one major customer, according to a letter from Gazprom that will add to European fears of fuel shortages.

Venezuela's Oil Minister Denounces Attack on Gas Pipeline

Technical personnel at Venezuela's state-run oil company PDVSA and firefighters were putting out a fire on a natural gas pipeline in the country's east, Oil Minister Tareck El Aissami said on Twitter on Sunday.

Russian Court Overturns Suspension on Caspian Pipeline Operations

A court in southern Russia on Monday overturned an earlier ruling suspending Caspian Pipeline Consortium's operations and instead fined it 200,000 rubles ($3,300), easing concerns about a global oil supply crunch.

Momentum Midstream Acquires Pipeline Assets in East Texas for $1.3 Billion

Privately-owned Momentum Midstream has agreed to buy 3,625-miles (5,834 km) of gathering and processing pipeline assets in the East Texas part of the Haynesville Shale from Midcoast Energy for $1.3 billion, including debt, Reuters reported on Friday.

European Commission Proposes Azerbaijan Gas Deal, Pipeline Expansion

The European Commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this, according to a draft document seen by Reuters.

Siemens Energy to Power Low-Emission LNG Facility in Canada

Siemens Energy has been selected as the single solution supplier for the all-electric Woodfibre LNG project in British Columbia, Canada, the company said on Tuesday.

Tellurian Acquires Natural Gas Assets in Haynesville Shale for $125 Million

Tellurian Inc. has entered into an agreement to purchase natural gas assets located in the Haynesville Shale from EnSight Energy Partners LP for $125 million, the company said on Wednesday.

Canada's Trudeau: 'Very Difficult Decision' to Return Turbine for Russian Pipeline

Canadian Prime Minister Justin Trudeau said on Wednesday that it was a "very difficult decision" to grant an exemption from sanctions imposed on Russia for the return of a repaired turbine needed for the Nord Stream 1 gas pipeline.

Gazprom: Nord Stream Gas Pipeline's Safety Depends on Stranded Turbine

Kremlin-controlled energy giant Gazprom said on Wednesday it could not guarantee the safe operation of a critical part of the Nord Stream 1 gas pipeline because of doubt over the return of a turbine from Canada.

Operator Enagas to Invest $4.8 Billion in Gas Infrastructure, Hydrogen Projects by 2030

Spanish gas grid operator Enagas said on Tuesday it expects to invest $4.77 billion in gas infrastructure, renewable hydrogen and biomethane production projects by 2030, including the completion of an underwater gas pipeline between Spain and Italy.

Serbia, Azerbaijan Discuss Gas Deal for Next Year – Minister

Serbia, which is fully dependent on Russian gas supplies, plans to purchase gas from Azerbaijan in 2023 when it expects an interconnector to Bulgaria's pipeline to be completed, Serbia's energy minister said on Tuesday.

Spain Minister Urges Firms to Curb Russian LNG Imports

Spain's Energy Minister Teresa Ribera urged Spanish companies on Monday to reduce imports of LNG from Russia and search for alternatives and said the country was readying a contingency plan for the winter in order to help EU neighbors.

Biden Administration Issues Options for ConocoPhillips’ Alaska Oil Drilling Project

The Biden administration on Friday outlined several options for the development of ConocoPhillips' planned $6 billion Willow oil and gas project in Alaska, including a proposal to build up to five drill sites, dozens of miles of roads, seven bridges and pipelines.

ICGB Completes Greece-Bulgaria Natural Gas Pipeline

Greece and Bulgaria on Friday marked the completion of the 180-km (112-mile) pipeline between the two countries which they hope can contribute to ending Europe's dependence on Russian gas.

Argentina’s Gas Pipeline Project Receives Backing, Enters Construction Phase

Argentina will take a key step on Friday in the construction of a major new natural gas pipeline for its huge Vaca Muerta shale formation, vital to helping the South American country reverse a deep energy deficit that is costing it billions of dollars.

Austria Orders Industry to Make Switch from Natural Gas to Oil

Austria will order industry and utilities to make plants run on alternatives to natural gas where possible, especially oil, its energy minister said on Tuesday, as the country scrambles to hoard gas in case Russia cuts it off.

Kazakhstan Seeks New Oil Export Routes After Russia Suspends Caspian Pipeline

Kazakh President Kassym-Jomart Tokayev on Thursday told his government to diversify its oil supply routes, a day after a Russian court ordered the Caspian Pipeline Consortium to suspend activity for 30 days.

Russia Seizes Control of Sakhalin-1 Oil and Gas Project

A senior Russian lawmaker said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which Exxon Mobil, Japan's SODECO and India's ONGC Videsh are partners, a week after taking over the neighboring Sakhalin-2.

NextDecade Inks 20-Year LNG Supply Deal with Guangdong Energy Group

NextDecade Corp. has entered a 20-year sale and purchase agreement with Guangdong Energy Group for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

Russian Court Orders Caspian Oil Pipeline to Suspend Operations

Caspian Pipeline Consortium (CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although exports were still flowing.

Shell Joins Qatar's LNG Expansion Mega-Project

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest LNG project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni.

NextDecade Secures Third 20-Year LNG Supply Deal This Year with China Gas

NextDecade Corp. has executed a 20-year sale and purchase agreement with China Gas Holdings Ltd. for its Rio Grande LNG, marking the company's third 20-year deal this year.

China Port Group Starts Pumping Crude Oil into New 230-Mile Pipeline

China's Yantai Port Group started on Monday pumping oil into a newly expanded crude oil pipeline that connects the port of Yantai to a group of independent refineries in the country's refining hub Shandong, state media reported on Tuesday.

Minister: Greece Can Cope with Possible Russian Gas Disruptions Thanks to LNG

Greece can cope well with potential cuts in Russian gas supply due to the availability of LNG as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security.

Russia’s Gazprom to Require Rubles for LNG – Interfax

Russian gas producer Gazprom has proposed expanding its ruble-for-gas scheme for pipeline gas to include LNG, the Interfax news agency quoted a senior manager as saying on Monday.

Norway Oil Ministry Approves Hiked Gas Output at Several Offshore Fields

Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia announced on Friday a decree that seizes full control of the Sakhalin-2 gas and oil project in the country's far east, a move that could force out Shell and Japanese investors and adds another bullish factor to prices in a tight global LNG market.

Nigeria Takes $1 Billion Hit in Q1 Revenue Due to Crude Oil Theft

Nigeria lost $1 billion in revenue during the first quarter of this year due to crude oil theft, the petroleum regulator said on Friday, warning the practice was a threat to the economy of Africa's top producer.