Pipelines

Europe facing costly winter without enough long-term LNG deals

Europe has not made enough progress in locking in long-term contracts for LNG as an alternative to Russian pipeline supply, which may prove costly next winter as a rebound in Chinese demand could sharply tighten the market.

Baghdad agrees to 30% stake in TotalEnergies $27 B Iraq energy project

Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 B Iraq project reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.

Baghdad, Erbil sign deal to restart northern oil exports

Iraq's federal government and the Kurdistan Regional Government signed a deal to restart northern oil exports through Turkey on Tuesday.

Vietnam needs $11.5-B to expand national fuel storage capacity by 2030

Vietnam would need investment of up to $11.51 B to expand its national fuel storage system by 2030 citing a draft plan prepared by the Ministry of Industry and Trade.

What is the Iraq-Turkey oil pipeline dispute and who's on the hook?

An international arbitration ruling prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back towards $80 a barrel.

Dutch government confirms plans to produce 2.8 bcm of gas from Groningen this year

The Dutch government on Friday confirmed plans to produce 2.8 billion cubic meters (bcm) of natural gas at the Groningen gas field in the current year through Oct. 1.

Canada's ATCO gives Mexico troubled pipeline after damage award

Canada's ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a dispute with the Mexican state power company.

Leading investor group toughens stance on new upstream oil and gas projects

The Net Zero Asset Owner Alliance (NZAOA) said it expects members to make no new direct investments in upstream oil and gas infrastructure projects for new fields, as part of efforts to rein in global warming.

McDermott awarded FEED contract from Shell

McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.

Portugal to launch Europe's first auction for piped hydrogen

Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.

Kremlin: important to identify object found next to Nord Stream pipeline

The Kremlin said it was important to identify an object discovered next to one of the Nord Stream pipelines and said the ongoing investigation into blasts that struck the pipelines last September must be conducted with full transparency.

Russia hopes to seal Power of Siberia 2 deal with China this year

Russia hopes that a deal to provide gas supplies to China through the planned Power of Siberia 2 pipeline can be reached before the end of the year.

Does China need more Russian gas via the Power-of-Siberia 2 pipeline?

Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.

Romania's Transgaz ready to build pipeline for Black Sea gas

Romania's gas pipeline operator Transgaz will build a new pipeline worth an estimated 500 million euros ($529.30 M) meant to bring offshore Black Sea gas to the national grid.

Study sees potential for huge North Sea hydrogen pipelines

The study, commissioned by German gas pipeline operator Gascade, says that up to 300 terawatt hours (TWh) a year of clean hydrogen made from North Sea offshore wind power could be transported by the grid.

GET Baltic Gas Exchange to become part of EEX group

The European Energy Exchange (EEX) on Thursday said its acquisition of 66% of the shares of smaller sector peer GET Baltic was approved by GET's owner, Amber Grid, paving the way for EEX to extend its eastwards reach.

Keystone pipeline oil flows will not change after U.S. order to cut pressure, CEO says

Oil flows on TC Energy's Keystone pipeline will not change after the U.S. pipeline regulator said it would require the company to reduce pressure following a 13,000-bbl oil spill in Kansas in December.

LNG to lead U.S. natural gas exports

Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Russia to mothball damaged Nord Stream pipeline

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them.

U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand

U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.

Enbridge to invest $2.4 B in natural gas and renewable power in 2023

Enbridge will invest $2.42 billion in natural gas and liquids infrastructure and in renewable power this year.

Venture Global to provide LNG to Excelerate Energy from its Plaquemines LNG plant in Louisiana

Venture Global LNG said it would supply 700,000 tpy of LNG to Excelerate Energy for 20 years.

Enagas purchases gas pipeline network from Reganosa

Spanish grid operator Enagas has bought a 130-km gas pipeline network from energy firm Reganosa while selling the latter a 25% stake in its El Musel regasification plant in northern Spain.

ADNOC looks to raise up to $2 B from IPO of gas unit

Abu Dhabi National Oil Co (ADNOC) said it has set a price range for an initial public offering (IPO) of its gas unit that could raise up to $2 B and give ADNOC Gas an equity valuation of $47 B-$50.8 B.

Nord Stream 2 blast investigations are ongoing

Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries told the U.N. Security Council.

Audubon awarded engineering contract for West Texas gas plant

Audubon announced that it has entered into an agreement with a major US onshore oil and gas operator in support of large central delivery plant (CDP) engineering in West Texas.

Shell still taking LNG cargoes from Russia under Novatek contract

The world's largest LNG trader agreed a more than 20-year deal in 2015 for Novatek to supply around 900,000 tpy from the Yamal LNG plant in Siberia.

Number of ships loading LNG in Spain doubled in 2022

The number of ships loading LNG in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine.

Digitalization will help carbon capture and sequestration industry to be more efficient, safe and profitable

1/3/2023

Carbon capture, utilization and storage (CCUS) refers to a group of technologies that can help mitigate climate change by lowering carbon dioxide (CO2) emissions