Regions
China's CNOOC Targets Record Oil, Gas Output in 2023
China's CNOOC Ltd. has raised its 2023 production target by around 8% to a record 650 million to 660 million barrels of oil equivalent, it said on Wednesday.
French Gas Operator GRTgaz Seeks Interest in Building Hydrogen Pipeline
French gas transmission system operator GRTgaz on Thursday opened a Call for Interest, or invitation to participate, to determine the viability of building a hydrogen transport pipeline linking the French side of the Franco-Spanish pipeline BarMar with a local storage facility.
Opero Energy Wins Gas-Treating Contract for NG3 Development in Haynesville Basin
(P&GJ) — With 4,000 miles of pipeline and seven processing plants, Momentum Midstream’s New Generation Gas Gathering (NG3) project in the Haynesville Shale will have an initial treating capacity of 1.7 Bcf/d, expandable to 2.2 Bcf/d, and will also include a carbon capture and sequestration component.
German Green Group Files Complaint Seeking Shorter LNG Terminal License
A German environmental group has lodged a complaint calling for the operating license of a new floating LNG terminal at Wilhelmshaven to be shortened by a decade, citing its discharging of chlorine and risks to Germany's climate targets.
Spain to Ask EU For Extension to Iberian Gas Price Cap Until End 2024
Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power plants until at least the end of 2024, Energy Minister Teresa Ribera said on Monday.
Spire STL Gas Pipeline Project Backed by FERC Following Legal Woes
(P&GJ) — The Spire STL Pipeline has been reissued a permanent certificate by FERC to operate the 65-mile (105-km) natural gas system, stating the project sufficiently satisfies economic needs in the St. Louis region.
EU Energy Regulator to Launch LNG Price Assessment on Friday
European Union energy regulators will start publishing a daily LNG price assessment on Friday, the first step in the EU's plan to form a new European benchmark price for the super-chilled fuel.
Eni, Snam Join Forces on Algeria-Italy Gas Pipelines
Italian energy group Eni and gas grid operator Snam have clinched a partnership to jointly manage their assets in the gas pipelines connecting Algeria to Italy, the companies said on Tuesday.
EPA, TC Energy Agree to Clean Up Oil Discharge from Keystone Pipeline Rupture in December
(P&GJ) — TC Oil Pipeline Operations Inc. has entered into an agreement with the U.S. Environmental Protection Agency (EPA) to clean up the oil discharge that occurred Dec. 7 in Washington County, Kansas, as a result of a rupture in a section of the Keystone Pipeline. TC Energy is the parent company to TC Oil Pipeline Operations Inc.
Canada's Trudeau Urges Alberta to Contribute to Carbon-Capture Incentives
Canadian Prime Minister Justin Trudeau on Friday urged the government of the main oil-producing province of Alberta to use its budget surplus to help bolster tax credits meant to help scale up carbon capture and storage and reduce emissions.
Rosneft Wants to Supply Gas to Power-of-Siberia 2 Pipeline
Russia's Gazprom is aiming to start delivering gas via the 2,600-km Power-of-Siberia 2 pipeline by 2030. The pipeline could carry 50 billion cubic meters of natural gas per year.
416-Mile Coastal GasLink Pipeline Project Nears Completion
(P&GJ) — Pipeline operator TC Energy’s Coastal GasLink pipeline project is more than 80% completed overall, and more than 77% of the construction is finished, according to the company’s December construction update.
Phillips 66 to Buy Pipeline Operator DCP Midstream
(P&GJ) — The public divisions of DCP Midstream will be acquired by U.S. refiner Phillips 66 in a deal that will value the pipeline operator at around $8.7 billion and expand Phillips' natural gas liquids business.
Global Pipeline Construction Outlook 2023
(P&GJ) — Seldom has a new year arrived with the degree of supply and demand uncertainty facing global energy markets at the start of 2023. Pipeline & Gas Journal's annual survey of global construction activity reflects a renewed emphasis on energy security after Russia's invasion of Ukraine.
DNV Completes Verification for 195-Mile Section of Baltic Pipeline
(P&GJ) — Energinet has received Certificates of Conformity from DNV for its offshore Baltic Pipe project section. Its part of the project comprises 105 km (65 miles) of pipeline in the North Sea and 210 km (130 miles) underground pipeline across Denmark.
US Poised to Regain Crown as World's Top LNG Exporter
The United States is on track to become the world's biggest exporter of LNG this year — ahead of current market leader Australia — once a fire-idled Texas plant is restarted, according to Reuters data.
Sources: Tokyo Gas Nears $4.6 Billion Deal to Buy US Natural Gas Producer Rockcliff
Rockcliff produces more than 1 Bcf/d of natural gas from the Haynesville shale formation, which stretches across Louisiana and East Texas. Quantum originally backed the Rockcliff management team with a $350 million investment in 2015.
Bulgaria Signs 13-Year Gas Deal with Turkey
Under the new 13-year agreement, Bulgargaz would be able to use Turkey's LNG terminals for cargo shipments, which would be transported via Botas's gas network to Bulgaria.
Targa to Buy Remaining Stake in NGL Pipeline for $1.05 Billion
Targa Resources Corp. said on Tuesday it will buy the remaining stake in its Grand Prix NGL Pipeline that it does not already own, for $1.05 billion in cash from Blackstone Inc.'s energy unit.
Kazakhstan to Raise Supply of Oil to Germany Via Druzhba Pipeline in 2023
Russian oil pipeline operator Transneft said Kazakhstan's KazTransOil had requested 1.2 million tonnes of capacity on the Druzhba pipeline for 2023 to facilitate extra oil shipments to Germany, the RIA Novosti news agency reported.
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for LNG vessels, industry sources said on Friday.
Putin Says Russia Now One of China's Leading Oil and Gas Suppliers
Russian President Vladimir Putin said on Friday that Russia had become one of China's leading suppliers of oil and gas, with 13.8 billion cubic meters of gas shipped to China via the Power of Siberia pipeline in the first 11 months of 2022.
ONEOK Seeks FERC Approval for 155-Mile Permian-Mexico Connector Pipeline
Saguaro Connector Pipeline filed for a presidential permit application with FERC to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and Mexico border in Hudspeth County, Texas. The pipeline would consist of approximately 155 miles of 48-inch-diameter natural gas pipeline originating at the Waha Hub in Pecos County, Texas.
China Starts Up Crude Oil Pipeline Linked to Mega Private Refiner
A major crude oil pipeline connecting a storage farm in east China's Zhoushan of Zhejiang province to mega private refiner Zhejiang Petrochemical Corp. started pumping oil for the first time on Wednesday, local state media reported.
Poland Ready for Russian Oil Ban, Seeks Pipeline Sanctions
Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.
Sempra Inks 15-Year LNG Supply Deal with Germany’s RWE
(P&GJ) — Sempra Infrastructure has entered a 15-year deal with RWE Supply & Trading for the supply of approximately 2.25 MTPA of LNG from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.
Russia Ready to Resume Gas Supplies to Europe Via Yamal-Europe Pipeline
Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.
Russian Pipeline Gas Exports to Europe Fall to Post-Soviet Low
Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due the invasion of Ukraine and the Nord Stream pipeline was damaged by mysterious blasts
German Companies Plan to Invest More in Africa in 2023
A poll of businesses shows German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and LNG.
Analysis: Argentina’s Vaca Muerta Shale Boom Running Out of Road
Argentina’s booming shale production in Vaca Muerta, a formation that rivals the United States’ Permian Basin, is at risk of running out of road as infrastructure to handle the oil and gas nears capacity, threatening to put the brakes on rapid growth.
- Repsol Ditches Plans to Develop LNG Terminal on Canada’s East Coast
- Kazakh Oil Decouples from Russian Crude But Risk Weighs on Price
- Pipeline Operator TC Energy Says Stress, Weld Fault Caused Keystone Oil Spill
- US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
- Ukraine to Jointly Buy Gas with European Union Countries
- Company Cancels Byhalia Connection Pipeline Project
- US Intelligence Suggests Pro-Ukrainian Group Sabotaged Nord Stream Pipelines -NYT
- EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
- US Regulator Orders Lower Pressure on Keystone Pipeline System After Spill
- US Carbon Pipeline Faces Setback as Residents Refuse to Cede Land Rights
