Business & Markets

Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand

An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.

U.S. Energy Exports Severely Disrupted by Hurricane Laura

Hurricane Laura severely impacted U.S. oil and gas exports this week as the Category 4 storm forced the closure of several facilities on the country's Gulf Coast.

Kinder Morgan Gets OK to Put Last Elba Island LNG Unit in Service

The Federal Energy Regulatory Energy Commission has granted a request from Kinder Morgan to put the final train at its Elba Island LNG plant into service.

Philippine Energy Chief Says LNG Projects Still on Track Despite Virus Delays

Four LNG import projects in the Philippines are still on track for approval despite "minor delays" due to the coronavirus pandemic, the country's energy secretary said on Thursday.

Pipeline Tunnel Supporters, Foes Clash Before Michigan Panel

Supporters and opponents of a tunnel to house an oil pipeline crossing the Straits of Mackinac in Michigan appeared before a regulatory panel on Monday to present their arguments.

Phillips 66 Shuts More Louisiana Facilities, Pipelines as Hurricane Approaches

Phillips 66 announced it is closing additional facilities in Louisiana in preparation of Hurricane Laura's landfall on Wednesday evening.

Hurricane Laura Poses Biggest Storm Threat to U.S. Oil and Gas in 15 Years

The oil and gas industry is shutting down production at facilities on the Texas and Louisiana Gulf Coast at a rate not seen since 2005's Hurricane Katrina as the region prepares for Hurricane Laura.

Investigation into Baltimore Explosion Finds Gas Utility Equipment Not to Blame

An investigation by Baltimore Gas and Electric into a recent fatal gas explosion in the city discovered that the company's pipes and equipment were not responsible for the blast.

Blackstone to Sell 40% Stake in Cheniere Limited Partnership

The Blackstone Group announced on Monday that it will sell about 40% of its stake in its limited partnership with Cheniere Energy.

Greece, Bulgaria Hail Deal Targeting Russia Gas Dominance

Greece and Bulgaria sought to reduce their reliance on Russian gas with the signing Monday of an agreement that will allow Bulgaria to participate in a planned LNG terminal in northeastern Greece.

Kinder Morgan Says Last Unit at Georgia Elba Island LNG Plant Ready

Kinder Morgan has asked regulators for permission to put its 10th and final train at Elba Island LNG facility in Georgia into service.

Terrorists Blamed for Pipeline Blast in Syria

An explosion on a main gas pipeline traversing the Middle East caused a blackout across Syria on Monday. Government officials said it was the result of a terrorist attack.

Mexico Asks Sempra to Build Second LNG Facility in Return for Approving Permit

The Mexican government has asked Sempra Energy to build a second LNG export facility in the country in return for approving a permit to build an initial facility.

AGA: 5 Things U.S. Political Parties Must Keep in Mind When Outlining Energy Platforms

AGA President and CEO Karen Harbert outlines five energy principles that both Democrats and Republicans should consider in their national platforms before the 2020 election

Minnesota Governor Appeals Enbridge Line 3 Regulator Approval

The Governor of Minnesota has appealed utility regulators approval Enbridge's Line 3 pipeline replacement project.

Rule Allowing LNG Rail Shipments in U.S. Challenged in Court

A new PHMSA rule allowing for LNG shipments by rail, set to take effect in the coming days is being challenged by a group of environmental organizations.

TechnipFMC Awarded Subsea Contract for Petrobras Offshore Project

Petrobras has awarded TechnipFMC a large subsea infrastructure contract for the Brazilian oil company's Mero offshore project.

Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports

Exports of crude oil and condensate could restart soon from a few Libyan ports as authorities seek to draw down its storage and ease an electricity supply shortage.

U.S. Natural Gas Futures Jump to 8-Month High on Rising LNG Exports, Hot Weather

U.S. natural gas futures jumped to an eight-month high on Tuesday on rising liquefied natural gas (LNG) exports and forecasts for high air conditioning demand over the next two weeks.

China Ramps up U.S. Oil Purchases Ahead of Trade Deal Review — Sources

Shipments of U.S. crude oil into China are expected to rise in the coming weeks as the two countries begin to review a trade agreement signed in January.

Japan's Mitsui Cleared to Export Gas from West Australian Project

Japan's Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field

ConocoPhillips Gets U.S. Green Light for Alaska Oil Project

The U.S. Bureau of Land Management approved ConocoPhillips' plan for drilling in Alaska's National Petroleum Reserve, including roads and pipelines to access the North Slope site.

Gas Pipeline to China's First Major Independent LNG Terminal Complete

Work has been completed on a subsea gas pipeline connecting the country's first major privately owned terminal with a local gas grid.

New Mexico Close to Adopting Oil and Gas Water Rules

Energy regulators in New Mexico are close to adopting a new set of environmental rules regulating produced water from oil and gas operations.

Australia Bucks the Global Trend, Goes with Natural Gas Over Renewables: Russell

Australia's conservative government appears to be pivoting away from backing coal for future energy needs but hasn't quite made it all the way to renewables, instead waylaying into natural gas.

EU 'Highly Concerned' by U.S. Stance on Nord Stream Pipeline

A delegation of members within the European Union has raised concerns with the U.S. state department regarding sanctions imposed by the country on companies involved in the construction of Russia's Nord Stream 2 pipeline.

Red Butte Pipe Line Announces Open Season

Red Butte Pipe Line, a subsidiary of Silver Creek Midstream, has announced an open season on a crude oil pipeline system in Wyoming.

Replacing Aging Pipe Remains a Big Source for Work

With so many companies involved in natural gas distribution (P&GJ reports on more than 300 such companies, ranging in size from 6 million to a few hundred customers in the Annual 500 Report in November), this summary of ongoing infrastructure replacement projects is not an all-inclusive overview of activity.

Quality Issues Add Delays to Venezuela's Crude Exports — Documents

The worsening quality of crude oil exports from Venezuela is causing further delays in loading times at the state-run oil company PDVSA's main terminal according to internal company documents.

Alaska LNG Faced Challenges from Within State

Amid the state-led push for Alaska’s LNG project, the loudest challenges to the project’s environmental impact statement (EIS) within Alaska came from the city of Valdez and the Matanuska-Susitna Borough, both of which promoted sites within their own municipality as preferable to building the LNG terminal in Nikiski.