News

U.S. LNG Firms Take Steps to Add Export Capacity Despite Coronavirus

U.S. LNG companies have taken steps to increase export capacity even as a collapse in energy demand has collapsed around the globe due to the coronavirus pandemic.

San Mateo Midstream Announces Binding Open Season

A subsidiary of San Mateo Midstream has announced a binding open season to gauge interest for a proposed expansion project.

New Midstream Joint Venture to Provide Permian Basin NGL Takeaway Capacity

Three U.S. midstream companies have formed a new joint venture to provide transport solutions for natural gas liquids in the Permian Basin.

U.S. Senators Take Aim at German Port Over Russia Pipeline

Three U.S. Senators have threatened to impose sanctions on those involved in providing supplies to Russia's Nord Stream 2 pipeline project out of a small German port.

BP Midstream Pipeline Volumes Fall 10% in Q2, Revenues Up

BP Midstream announced that pipeline volumes fell 10% in Q2 due to shrinking demand caused by the coronavirus pandemic while revenues for the company rose over the same period.

Heavy Rains Cause Collapsed Roads, Pipeline Explosion in Northwest China

A natural gas pipeline exploded in northwest China early Wednesday morning after heavy rains caused several roads to collapse.

U.S. Department of Interior Approves Issuance of Permits for Alaska LNG Pipeline

The U.S. Department of the Interior has announced its decision to approve the issuance of rights-of-way permits for the Alaska LNG Pipeline Project.

Cheniere Energy Accelerates LNG Plant Expansion Amid Q2 Profit Gains

Cheniere Energy is planning to accelerate the planned expansion of two of its LNG export facilities in Texas after being analyst profit estimates in Q2.

Solaris Water Midstream Expands Water Infrastructure Joint Venture with Concho Resources

Solaris Water Midstream and Concho Resources have expended their produced water infrastructure management joint venture agreement.

Ukraine Says no Plans to Resume Gas Purchases from Russia

Ukraine has said it would not resume buying natural gas supplies from Russia until Moscow offers competitive terms and pricing.

Lobbying for Russian Pipeline Spikes in Washington

Political lobbyists in Washington for Russia's Nord Stream 2 pipeline have increased their efforts in the past few years, but are disclosing fewer details of their work to U.S. officials according to government filings.

FERC to Decide on Marathon Alaska LNG Import Project by Year End

U.S. energy regulators said on Wednesday they plan to make a decision on Marathon Petroleum Corp’s plan to convert the Kenai liquefied natural gas export plant in Alaska into an import terminal by the end of the year.

TC Energy Announces $400 Million ANR Pipeline Enhancement Project

TC Energy has announced it will proceed with enhancements to its ANR natural gas pipeline transmission system.

U.S. LNG Exports Set to Rise for First Time in Six Months

U.S. exports of LNG are set to rise in August for the first time in six months according to industry experts, sending the price of gas to a three-month high on Monday.

Freeport Seeks More Time to Build Train 4 at Texas LNG Facility

Freeport LNG has requested more time to complete its proposed fourth liquefaction train at its LNG facility in Texas.

Equitrans Confirms Early 2021 Startup for Mountain Valley Natural Gas Pipeline

Equitrans Midstream confirmed on Tuesday that the company plans to start up its Mountain Valley natural gas pipeline by early 2021.

Petroperu Resumes Pipeline Operations After Coronavirus-Related Halt

Peru's state-run energy firm Petroperu has restarted pipeline operations after being halted due to concerns over the coronavirus.

National Fuel Completes Acquisition of Shell Pennsylvania Upstream and Midstream Assets

National Fuel announced it has completed the purchase of upstream and midstream assets in Pennsylvania from a subsidiary of Shell.

MPLX Sees $100 Million Earnings Hit if Bakken Oil Pipelines Shut

MPLX, the midstream branch of energy firm Marathon, announced it could begin losing $100 million a year if closures of two North Dakota pipelines were to take effect.

Shell Midstream Cuts Costs as Demand Destruction Hits U.S. Pipeline Flows

Shell Midstream has announced spending cuts as demand fell across many of its U.S. pipeline operations.

Poland Fines Gazprom $57 Million Over Nord Stream 2

Gazprom has been fined nearly $60 million by Polish energy regulators for failing to cooperate with requests regarding the Nord Stream 2 pipeline.

U.S. Crude Output in May Plummets by Record 2 Million Barrels per Day

Data from the U.S. Energy Information Administration shows domestic crude output experienced its sharpest drop in 15 years in May.

Enbridge Sued by Victims of Kentucky Pipeline Explosion

Victims of a fatal pipeline explosion in Kentucky last year have sued the line's operator, a subsidiary of Canadian energy giant Enbridge, alleging the company failed to properly maintain the line.

Brazil's Petrobras Forges Ahead with Midstream, Downstream Divestments

Speaking to investors on Friday, executives at Petrobras, Brazil's state-run oil firm, said the company is moving forward with the IPO of its gas pipeline assets and expects to conclude a deal for its RLAM refinery in the near future.

Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Project

Dominion Energy announced on Friday the company took a nearly $3 billion charge in the second quarter due to the cancellation of its Atlantic Coast natural gas pipeline.

President Trump Announces Intention to Nominate New FERC Commissioners

President Trump has announced his intention to nominate two new members to the Federal Energy Regulatory Commission, the country's energy regulator.

U.S. Keen to Ensure Russian Pipeline Does not Threaten Europe — Pompeo

The U.S. Secretary of State Mike Pompeo told lawmakers on Thursday that the U.S. will do everything it can to ensure Russia's Nord Stream 2 natural gas pipeline does not pose a security threat to Europe.

Trump Allows Keystone Pipeline to Ship More Canadian Oil After Expansion Stalls

President Donald Trump has issued a presidential permit to allow TC Energy's Keystone oil pipeline to ship nearly 30% more Canadian crude as the company's' proposed expansion of the pipeline has again been stalled by legal hurdles.

TC Energy Profit Dips from Uncontracted Keystone Volumes

TC Energy reported a 6% drop in profits on Thursday partly due to a fall in uncontacted volumes on its Keystone oil pipeline.

Trump Seeks out Loyal Donors in West Texas Oilpatch

President Donald Trump's visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry.