Regions

Iran-Pakistan Gas Pipeline Remains Stalled Under Cloud of Sanctions

Iranian President Ebrahim Raisi's visit to Pakistan this week put the spotlight on a major gas pipeline deal between the two neighbors which has faced delays due to geopolitical issues and international sanctions.

A Northern Light: Bullish Talk as Major Projects Now in Home Stretch

(P&GJ) – Kevin Neveu, a seasoned Canadian oil and natural gas senior executive, remains optimistic about the energy markets in the north despite global uncertainties in 2024. His positivity stems from the imminent completion of two major transmission pipeline projects in western Canada – Coastal GasLink gas pipeline and Trans Mountain oil pipeline – expected before year-end.

Texas LNG Expands Offtake Capacity with EQT, Nears Full Permitted Capacity

Texas LNG, a planned four MTPA LNG export terminal in the Port of Brownsville, Texas, has broadened its partnership with EQT by securing a second natural gas liquefaction services agreement for an additional 1.5 MTPA of LNG over 20 years.

Equinor's Hammerfest LNG Plant Shuts Until Friday After Gas Leak

Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday because of a gas leak during maintenance and will remain offline until Friday at least, the company said.

AI Boom to Fuel Natural Gas Demand in Coming Years, Report Says

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co. said in a report on Tuesday.

Clean Energy's RNG Facility in South Dakota Now Supplying Pipeline-Quality Gas

Clean Energy Fuels Corp. announced its latest renewable natural gas (RNG) facility at Victory Farms Dairy in Revillo, South Dakota, has successfully completed construction and is injecting pipeline quality RNG into the interstate natural gas infrastructure.

Editor’s Notebook: Few Winners in Iraq-Turkey Pipeline Fallout

Increasingly frustrated by impasses regionally, the eight member companies of the Association of the Petroleum Industry of Kurdistan (APIKUR) have gone so far as requesting that two U.S. lawmakers exert pressure on Iraq to reopen the Iraqi-Türkiye pipeline.

MidOcean Energy Acquires 20% Stake in Peru's First LNG Export Facility

PLNG's assets encompass a natural gas liquefaction plant boasting a processing capacity of 4.45 MTPA, along with a fully-owned 254-mile (408 km) pipeline capable of handling 1,290 MMcf/d.

Kistos Completes Acquisition of UK Onshore Gas Storage Assets

The acquisition includes two onshore gas storage facilities in the UK, Hill Top Farm and Hole House Farm, at a total cost of $31 million funded from existing cash resources.

U.S. Oil and Gas M&A Hits Quarterly Record After Strong 2023

U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus said on Tuesday.

Mitsui Yet to Decide on ADNOC LNG Project Partnership Despite Nikkei Report

Japan's Mitsui & Co. said on Tuesday nothing has been decided on an LNG project in the United Arab Emirates, after the Nikkei reported it was teaming up with Abu Dhabi National Oil Company (ADNOC) on it.

TC Energy's NGTL Pipeline Resumes Normal Operations After Fire in Alberta

TC Energy's NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the line, TC said in a statement on Monday.

U.S. Natural Gas Flows to Texas Freeport LNG Export Plant Rise on Monday

The amount of natural gas flowing to Freeport LNG's liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Monday, according to data from financial firm LSEG.

Portugal's Galp Estimates 10 Billion Barrels of Oil in Field Offshore Namibia

Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels of oil.

Saudi Aramco in Talks for 10% Stake in China's Hengli Petrochemical

The potential deal "aligns with Aramco's strategy to expand its downstream presence in key high-value markets, advance its liquids-to-chemicals program, and secure long-term crude oil supply agreements," the company said.

Centuri, Southwest Gas Unit, Surges in Market Debut Amid Strong Demand

Shares of Centuri Holdings, the freshly spun-off unit of Southwest Gas Holdings, jumped in their market debut on April 18, in another sign of a revival in demand for new stocks.

Japan Looks at Developing Domestic Pipelines Sector

(P&GJ) – The government of Japan will create conditions for the development of a domestic pipelines sector in years to come. It will take place through the stimulation of building new gas and other pipelines throughout the country.

Wah Kwong Expands LNG Carrier Fleet Amid Growing Trade Demand

Hong Kong-based shipping company Wah Kwong is finalizing a deal later this month to double the number of LNG carriers that it has ordered to four, as it eyes growing global trade in the superchilled fuel, its chairman said.

Technip Energies Secures Contract for TotalEnergies and OQ's Marsa LNG Project in Oman

Technip Energies, has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.

TotalEnergies to Acquire Full Ownership of SapuraOMV, Expanding Gas Operations in Malaysia

TotalEnergies has entered into an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn for $530 million.

Deepwater Port Struggles for Customers as Shale Oil Gains Slow

As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.

Balticconnector Gas Pipeline Resumes Operations Following Damage

A Baltic Sea gas pipeline that was torn apart last year in an incident still under police investigation has resumed commercial operation as planned after months of repair, operator Gasgrid Finland said on Monday.

Offshore Innovation Seen as Key to Overcoming Obstacles

(P&GJ) – As the offshore oil and gas sector enters the second quarter of the year, Europe will continue to be the biggest market for global offshore pipeline construction and related work.

TC Energy Receives FERC Approval for Northwest Xpress Gas Pipeline Expansion Despite Opposition

(P&GJ) — TC Energy's plan to expand the capacity of its Gas Transmission Northwest Express pipeline by 150 million cubic feet per day (MMcf/d) received the green light from the Federal Energy Regulatory Commission on April 16.

First Tanker Arrives at Troubled Freeport LNG Export Plant After 11-Day Hiatus

The first liquefied natural gas tanker to dock at Freeport LNG's gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed.

SLB Profit Rises 14% on Strong International Drilling Demand Amid North American Weakness

Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, in line with analysts' estimates, as higher oil and gas drilling demand in the Middle East and Africa helped offset weakness in North America.

FBI Warns of Chinese Hackers Targeting U.S. Infrastructure, Including 23 Pipeline Operators

Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting "for just the right moment to deal a devastating blow," FBI Director Christopher Wray said on Thursday.

South Africa’s Transnet Pipelines Lays Out Investment Plan

(P&GJ) – Southern Africa’s largest multi-product pipeline operator, Transnet Pipelines, plans to spend R891 million in 2024 in building its fuel handling capacity, including construction of a delayed import fuel terminal at the port of Durban and new line to supply the country’s biggest airport, OR Tambo.

U.S. to Introduce Carbon Offset Guidelines to Ensure Emissions Cuts Integrity

The United States will unveil in the coming days guidelines for the use of carbon offsets inside and outside of government to build confidence in the market and ensure credits reflect real emissions cuts, the top U.S. climate diplomat said on Friday.

Biden Restricts Drilling and Mining in Alaska Wilderness, Angering State Leaders

The U.S. took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources. However, the measures won't affect ConocoPhillips' $8 billion Willow project.