Regions

Spotlight on South America: New Gas Pipeline to Boost Northern Peru

Gasnorp, a subsidiary of Promigas in Peru, signed a 32-year concession contract with the Peruvian state for the distribution of natural gas through the pipeline network in the provinces of Piura, Talara, Sullana, Paita and Sechura.

EnerMech Secures Five-Year Deal with Chevron Australia

Chevron Australia awarded global integrated solutions specialist EnerMech a five-year contract to provide a range of integrated services to its Western Australian oil and gas facilities.

Russia's Rosneft to Sell Southern Assets, Focus on Vostok Oil

Rosneft is selling its three southern oil assets and could complete deals for all three by the end of May as Russia's top oil company shifts focus to the giant northern Vostok Oil project.

Canada's Secure Energy to Buy Tervita as Oil Deals Speed Up

Canada's Secure Energy Services Inc said it would buy waste management services firm Tervita Corp in an all-stock deal valued at C$478 million ($379.5 million), the latest consolidation in the country's oil sector.

EIA Expects Crude to Average Near $50 Per Barrel Through 2022

The U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids to be greater than global supply in 2021, especially during the first quarter, leading to inventory draws.

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said.

Reusing Gas Infrastructure for Hydrogen Transportation

The EU’s “Hydrogen Strategy for a Climate-Neutral Europe” of July 2020 is only the latest in a series of programs designed to foster the use of hydrogen to decarbonize and integrate the energy system.

FERC Chairman Details Position on Natural Gas Pipelines

FERC Chairman Richard Glick does not want his intentions to review natural gas pipelines more thoroughly to be interpreted as him being opposed to gas pipelines altogether, he said.

Cash Infusion Provides Push for New Central European Gas Pipe

European Bank for Reconstruction and Development (EBRD) acquired a 25% stake from Transgaz, the parent company of Vestmoldtransgaz, for $24.2 million (€20 million).

Greek-Italian Venture Working with Israel on Gas Pipeline Plan

Greek-Italian gas joint venture IGI Poseidon said it had signed an agreement with the Israel Natural Gas Lines Company to cooperate on building facilities to connect Israel to a planned gas pipeline in the eastern Mediterranean.

Canada’s Inter Pipeline Urges Shareholders to Reject Brookfield's Hostile Bid

Inter Pipeline Ltd asked shareholders to reject Brookfield Infrastructure Partners' hostile bid, saying the offer "significantly undervalues" the Canadian oil and gas transportation company.

Balkans Gas Developments Still Face Structural Woes

The gas market in Southeast Europe, better known as the Balkans, is weighed down by several longstanding difficulties.

Ancala Midstream Gets Lundin Energy Norway Contract for Gas Transportation, Processing

Ancala Midstream Acquisitions secured a life-of-field contract to transport and process gas from the Solveig field in the Norwegian sector of the North Sea.

Corps Initiates INGAA-Opposed Permit Changes

The Army Corps of Engineers (Corps) finalized changes to wetland pipeline digging permits opposed by the INGAA.

Biden Administration Initiates Major Pipeline Leak Regulatory Reviews

Both gas transmission and distribution pipelines face new regulations from the Biden administration on leaks from both pumping station equipment and pipelines.

Germany’s Friedrich Vorwerk Plans to Expand in Hydrogen Market

German energy infrastructure firm Friedrich Vorwerk plans an initial public offering (IPO) on the Frankfurt stock exchange in the first quarter to accelerate growth in the hydrogen market, its biggest shareholder said.

Senator Holds Biden's CIA Pick Over Nord Stream 2 Pipeline

Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the CIA to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.

Construction of Cuxtal Gas Pipeline to Boost Yucatan Economy

With his implementation of a comprehensive energy program for Yucatan, Mexican President Andres Manuel Lopez Obrador hopes to bolster the economic and social development of the state, along with the rest of southeast Mexico.

Canada Looks at All Options to Keep Line 5 Pipeline Operating

Canada will take whatever measures are needed to keep the Line 5 oil pipeline open, Natural Resources Minister Seamus O’Regan said, as the deadline for a shutdown order from the U.S. state of Michigan looms.

Duke Energy Begins Replacing Aging Gas Pipeline

Construction got underway on the 12-mile Central Corridor replacement pipeline designed to run though Hamilton County, Ohio, which is in the southeast corner of the state and contains the city of Cincinnati.

US LNG Exports: Uneven Pathway from Oilfields to Terminals

Analysts believe a second wave of global LNG demand is coming in the mid-part of this decade, despite 2020's severe downturn in global energy markets.

Canadian Natural Resources Beats Profit Estimates

Canadian Natural Resources Ltd, Canada's biggest oil producer, beat analysts' estimates for fourth-quarter profit and forecast much stronger cash flow this year, as crude prices staged a steady recovery from pandemic-driven lows.

Second Russian Pipe-Laying Vessel Joining Nord Stream 2 Construction

The consortium behind the Nord Stream 2 undersea gas pipeline said on Thursday a second Russian pipe-laying vessel is undergoing sea trials ahead of joining the project, as it presses on with construction despite growing political pressure.

CERAWEEK: Pipelines Needed for U.S. Natural Gas Export Demand Growth

Moving natural gas from the states where it is produced to places where it can be consumed or exported will become increasingly challenging, requiring infrastructure including pipelines.

Argentina's Vaca Muerta Growth Depends on LNG to Asia

Argentina needs to plan and build more liquefied natural gas (LNG) capacity to accelerate the development of its largest shale play, Vaca Muerta, the CEO of Pan American Energy said.

U.S. Natural Gas Production Decreased by 1% in 2020

U.S. natural gas production — as measured by gross withdrawals — averaged 111.2 billion cubic feet per day (Bcf/d) in 2020, down 0.9 billion Bcf/d from 2019.

Perspective: Africa Likely to Continue Relying on Power from Fossil Fuels for Some Time

The Conversation's recently published study shows that, within this decade, there is currently limited evidence for a quick transition to renewables in Africa.

U.S. Climate Czar Urges Oil Industry to Hasten Transition to Renewables

U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change.

Australia’s Western Gas, APA Group Studying Potential Gas Pipeline

Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a potential 130-mile (210 km) offshore pipeline and a transcontinental pipeline, the companies announced.

Lithuania to Poland LNG Pipeline to Come Online Next Year

Lithuanian state-controlled energy company Ignitis Group will start supplying liquefied natural gas (LNG) to Poland next year when a new pipeline between the two countries comes online, its CEO said on Monday.