Regions

Vopak, Air Liquide to Develop Hydrogen Pipeline Network in Singapore

The companies will look at developing low-carbon ammonia supply chains in Singapore, including ammonia cracking facilities, storage and handling infrastructure at Vopak's Banyan terminal, as well as distributing low-carbon hydrogen through a hydrogen pipeline network, Vopak said.

Leak Shuts Down CDU and Coker at TotalEnergies Texas Refinery, Sources Say

The coker and small crude distillation unit (CDU) were shut by a leak on the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, people familiar with plant operations said on Monday.

European Energy Giants Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension

Top European energy companies on Friday asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.

Shell's LNG, Gas, and Power Trading Chief Steve Hill to Depart Company

Hill joined Shell in 2016 following the $53 billion acquisition of rival BG Group. He has headed Shell Energy, which oversees business-to-business LNG, gas and power trading, part of the company's downstream division.

Japan Bolsters LNG Supplies, Relying More on Allies Australia and U.S.

Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s.

Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector

Texas sued the U.S. government over Environmental Protection Agency rules published on Friday, that crack down on the oil and gas industry's releases of methane, a potent greenhouse gas that contributes to climate change.

Bakken Drillers Push Back Against U.S. Carbon Pipeline Company's No Oil Recovery Promise

Summit Carbon Solutions is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases. The company has repeatedly pledged that its project will not be used by drillers to boost output from oil fields.

Enterprise Products Launches Texas Western Products System, Expanding Fuel Operations

Enterprise Products Partners L.P. has announced that the first phase of its Texas Western Products System (TW Products System) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.

EQT and Equitrans Midstream to Merge in $5.5 Billion Natural Gas Deal

EQT Corp., the leading U.S. natural gas producer, is set to acquire Equitrans Midstream in a deal valued at $5.5 billion. The merger will bolster cost-effective production and transportation of natural gas by incorporating over 2,000 miles of pipeline infrastructure into EQT's operations.

Williams Secures Nearly $1 Million for Carbon Storage Research in Wyoming

Oklahoma-based pipeline operator Williams Cos. has been awarded $975,000 in funding to study carbon capture and storage initiatives in Wyoming.

CNOOC Discovers 100 Million Ton Oilfield in South China Sea

Chinese state-owned oil and gas giant CNOOC Ltd. has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a statement on Friday.

U.S. Coast Guard Investigates Oil Spill Off Huntington Beach, California Coast

The U.S. Coast Guard on Friday were trying to identify the source of an oil spill off the coast of Huntington beach, California, the agency said.

Shell, Edison Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension Request

Italian utility Edison and Shell on Friday asked U.S. energy regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.

Chevron's CEO Faces High-Stakes Battle Over Hess Acquisition

Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy rivals.

Keystone Oil Pipeline Resumes Operations After Temporary Shutdown

TC Energy's Keystone oil pipeline resumed service on Thursday after going offline and temporarily restricting a major conduit of Canadian oil to the United States, which sent oil prices higher.

Enbridge Completes Acquisition of EOG from Dominion Energy, Expanding Gas Utility Portfolio

Enbridge Inc. announced the closing of its acquisition of The East Ohio Gas Company (EOG) from Dominion Energy, Inc. The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit.

Citgo's Quarterly Net Profit Plummets 81% on Plant Outages, Margin Decline

Venezuela-owned oil refiner Citgo Petroleum on Thursday reported fourth quarter net profit fell 81% to $154 million, from $806 million a year ago, on plant outages and weaker margins.

TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues

TC Energy's Keystone oil pipeline went offline due to operational issues, sources said on Thursday, cutting off a major conduit of Canadian oil to the United States and sending oil prices higher.

U.S. Democrats Urge Antitrust Probe into Oil, Gas Mergers

Nearly 50 Democrats in the U.S. Congress on Wednesday urged the Federal Trade Commission to probe oil and gas company deals and expand current investigations to protect consumers and industry competition.

AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal

Singapore-based Atlantic, Gulf and Pacific LNG (AG&P), a unit of U.S. investment and development firm Nebula Energy, has acquired a 49% stake in Vietnam's Cai Mep LNG terminal, it said in a statement on Thursday.

Argentina's YPF to Invest $3 Billion in Shale, Eyes LNG Facility Expansion in 2024

Argentina's national oil company YPF on Thursday said it would invest $3 billion of a $5 billion capital spending plan this year in shale, as it looks to generate more cash by exiting some major conventional fields.

Hess Reassesses Chevron's $53 Billion Merger Timeline Amid Exxon's Bid

U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.

U.S. Natural Gas Prices Steady Ahead of Federal Storage Report

U.S. natural gas futures were little changed on Thursday as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.

Turkey Inks Oil and Gas Cooperation Pact with Somalia

Turkey signed an offshore oil and natural gas cooperation deal with Somalia on Thursday, the Turkish Energy Ministry said, further strengthening bilateral ties after agreeing a defense deal last month.

IEA Forecasts Well-Supplied Oil Market in 2024 Despite Demand Slowdown

The global oil market is relatively well supplied with demand growth slowing, while supply is increasing from the Americas, the head of the International Energy Agency's (IEA) oil markets and industry division told Reuters on Thursday.

Santos Faces Fresh Legal Setback Over $2.4 Billion Narrabri Gas Project

The decision returns the project to the uncertainty of a legal dispute months after Santos won a court battle allowing it to resume pipeline construction at its Barossa gas project.

Xcel Energy Says Its Facilities Likely Started Texas Fire, Faces Negligence Allegations

The Minneapolis-based utility, which provides power and natural gas to parts of Texas and seven other U.S. states, disputed "claims that it acted negligently in maintaining and operating its infrastructure."

U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September

The U.S. is seeking to buy about 3 million barrels of oil for the Strategic Petroleum Reserve for delivery in September, the Energy Department said on Wednesday, as it slowly replenishes the emergency stash after selling a record amount in 2022.

TC Energy Announces Layoffs in Houston, Calgary as Part of Pipeline Unit Integration Plan

Canadian oil and gas pipeline firm TC Energy said on Wednesday it has laid off some of its workers as part of a previously announced plan to integrate its natural gas pipeline units.

Mexico's Pemex, Billionaire Investor Carlos Slim Discuss Reviving Deepwater Gas Project

Mexican state energy company Pemex and billionaire investor Carlos Slim's team are discussing ways to revive development of the country's first deepwater natural gas field that was shelved twice before, two sources told Reuters.