Business & Markets
Kimmeridge Ready to Negotiate Proposed Offer for SilverBow After Rebuff
Kimmeridge Energy Management said on Monday it remained ready to engage with SilverBow Resources over its takeover bid, days after the U.S. oil and gas producer rejected the latest offer that valued it at $2.1 billion including debt.
Moldova Diversifies Gas Supply, Purchases U.S.-Origin LNG from Greece for Consumers
Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time on Monday and Tuesday.
Argentina Pursues Gas Export Route to Brazil via Bolivia Amid Regional Supply Concerns
Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel.
Gazprom Utilizes Replacement Vessel for Gas Loadings Amid Ship Repair
Russia's Gazprom is using a replacement vessel for ship-to-ship loadings of LNG from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.
SLB to Acquire Majority Stake in Aker Carbon Capture for $380 Million
SLB and Aker Carbon Capture will combine technology portfolios, expertise and operations platforms to bring carbon capture solutions to market more quickly and more economically.
Eni Receives UK Government Approval for CO2 Pipeline Crossing England-Wales Border
The pipeline will facilitate the transportation of carbon dioxide from capture plants across the North West of England and North Wales to Eni's depleted natural gas reservoirs beneath the seabed in Liverpool Bay.
Chevron Begins Pipeline Transport of Leviathan Natural Gas to Ashdod Refinery
NewMed Energy LP, a partner in the Leviathan natural gas field offshore Israel alongside Chevron Mediterranean and other stakeholders, announced the commencement of condensate transportation from the field to the Ashdod oil refinery located in western Israel.
QatarEnergy Signs Charter Deals for 25 LNG Vessels with Nakilat
QatarEnergy has entered time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels.
XCL Resources Seeks FTC Approval for Altamont Energy Acquisition
The application seeks approval from the agency for its proposed acquisition of Altamont Energy, LLC, an oil and gas operator in Utah's Uinta Basin region.
Mitsui Invests $740 Million in Developing Vietnam Gas Field
Japanese trading house Mitsui & Co. said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.
Colonial Pipeline Delays Shutdown of Baltimore Segment After Bridge Collapse
Colonial Pipeline will delay the shutdown of a small, underutilized section of its pipeline system that delivers fuel to North Baltimore from April 1 to May 1, according to a notice to shippers seen by Reuters.
New Jersey Residents 'Overwhelmingly' Prefer Natural Gas to Heat Homes, Survey Finds
A recent public opinion survey conducted by Affordable Energy for New Jersey indicates that the majority of New Jersey residents strongly favor natural gas as their preferred energy source for heating homes and powering appliances.
TotalEnergies Restarts Gas Production at Tyra Offshore Hub
The revamped hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day, reaffirming Denmark's self-sufficiency and status as a net exporter of natural gas.
MidOcean Energy Completes Acquisition of Tokyo Gas’ Australian LNG Interests
MidOcean Energy, managed by EIG, a prominent investor in the energy and infrastructure sectors, has finalized its acquisition of Tokyo Gas’ interests in a suite of Australian integrated LNG projects.
SEFE Acquires Full Stake in WIGA from Wintershall Dea
WIGA holds sole ownership of German regulated gas transmission system operators GASCADE Gastransport GmbH and NEL Gastransport GmbH.
API Releases New Standard for Public Engagement in Pipeline Operations
The standard, titled API Recommended Practice (RP) 1185, Pipeline Public Engagement, aims to foster proactive, inclusive, and collaborative communication throughout the lifecycle of pipeline construction and operation.
EnCap Investments Plans Sale of Utah Oil Producer XCL Resources, Sources Say
EnCap Investments is looking to sell XCL Resources, two years after the private equity firm's plan to combine the oil and gas producer with a local rival was thwarted by U.S. antitrust regulators.
Biden Administration Buys Oil for Emergency Reserve Above Target Price
The Biden administration on Wednesday awarded contracts to buy 2.8 million barrels of oil for the government's emergency reserve for more than $81 a barrel, $2 above the target purchase price.
Hydrogen Industry Urges Streamlined Process for U.S. Tax Credits
Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental requirements, warning that they could hinder the nascent industry’s takeoff.
New U.S. Rules Aim to Curb Leaks from Oil and Gas Drilling on Public Lands
The policy complements efforts the Biden administration has made at other agencies to reduce emissions of methane, a potent greenhouse gas that tends to leak from drill sites and pipelines.
Colonial Pipeline Freezes Nominations on Baltimore Section Amid Port Shutdown
The Colonial Pipeline Company on Tuesday paused nominations to ship fuel on cycles 15 and 16 on Line 32, which delivers products to its Curtis Bay facility in the port of Baltimore, according to a notice seen by Reuters.
Exxon Sells Majority Stake in Italy's Largest LNG Terminal to IKAV and VTTI
Under the deal, Exxon Mobil will sell its 70.7% stake in the Adriatic LNG terminal, the U.S. oil and gas group said, as part of a broader strategy to divest non-strategic assets and focus efforts on doubling its LNG production by 2030 globally.
EACOP Reaches Milestone with Commissioning of Coating Plant in Tanzania
In a significant step forward for the Uganda and Tanzania crude oil pipeline project, the East African Crude Oil Pipeline (EACOP) marked a notable achievement as it officially inaugurated its coating plant at Sojo, Nzega – Tabora Region in Tanzania.
Takeaway on Upswing in Permian, Haynesville
According to Pipeline & Gas Journal’s recent construction report a total figure of 19,832 miles of pipeline either planned or under construction in North America.
Why Morocco Remains Keen on Pipeline Project with Nigeria
Morocco has re-affirmed its commitment to the construction of a new gas pipeline network along the West Africa coastline to promote intra-Africa natural gas trade, as well as to guarantee energy supplies to Europe.
CPS Energy to Acquire Gas Plants from Talen Energy for $785 Million
Utility firm CPS Energy said on Wednesday it would buy natural gas plants in Corpus Christi and Laredo in Texas from Talen Energy for $785 million.
PetroVietnam Gas Signs Deal with QatarEnergy for LNG Purchase
PetroVietnam Gas said on Wednesday it has signed a contract with QatarEnergy to buy 70,000 metric tons of liquefied natural gas for delivery on April 12-13.
Osaka Gas Expects Minimal Impact from Freeport LNG Partial Shutdown
Japan's Osaka Gas expects to see little impact on its balance of supply and demand for LNG from a partial shutdown of U.S. Freeport LNG's facilities, the president of the city gas provider said on Wednesday.
U.S. Opposes Pakistan-Iran Gas Pipeline Project, Warns of Sanctions
The U.S. said on Tuesday it does not support a Pakistan-Iran gas pipeline project from going forward and cautioned about the risk of sanctions in doing business with Tehran.
Phillips 66 Explores Sale of Stake in 1,700-Mile REX Pipeline, Sources Say
U.S. oil refiner Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people familiar with the matter said on Tuesday.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
