News

Russia's Gazprom Seeks More Capacity to Transport Gas Through Ukraine — Naftogaz

The head of Ukraine's state natural gas firm Naftogaz said Russia's Gazprom has approached them seeking to book more transport capacity on its natural gas pipelines to Europe.

Produced Water Spills from Husky Energy Oil Pipeline

A produced water spill was discovered during a routine inspection on a Husky Energy oil pipeline in northwestern Alberta on Monday.

Exxon to Cut 14,000 Jobs as Pandemic Hits Oil Demand

Exxon announced on Thursday that it would cut its global workforce by about 15% or about 14,000 jobs as the coronavirus pandemic has continued to suppress oil demand around the world.

TC Energy Sees Higher Costs for Coastal Gaslink Pipeline

TC Energy told investors on Thursday that it expects the cost for its Coastal Gaslink Pipeline in British Columbia to rise compared to previous estimates due to increased scope, permitting delays, and impacts from the pandemic.

China's Sinopec Completes Qingdao-Nanjing Gas Pipeline Construction

China's Sinopec announced on Tuesday it had completed construction of a natural gas pipeline connecting the Qingdao LNG terminal to Nanjing city in the Jiangsu province.

U.S. Energy Secretary Doesn’t See Oil Production Returning Soon to Pre-Pandemic Levels

The U.S. Secretary of Energy told reporters at an industry conference on Wednesday that he does not expect the country's oil output to return to pre-pandemic levels until at least after 2021.

EQT Corp to Buy Chevron Appalachian Assets, Pipeline Stake, for $735 Million

EQT announced it has agreed to purchase assets from Chevron in the Appalachian basin, including a stake in Laurel Mountain Midstream, for $735 million.

Enterprise Crude Pipeline Transport Volumes Drop Over 26% on Oil Price Plunge

Enterprise Products reported on Wednesday that crude volumes on its pipelines fell 26.1% as lower fuel demand caused by the coronavirus pandemic forced producers to slash output.

Texas Pipeline Association Study Shows Economic Impact of Texas Pipelines

A study commissioned by the Texas Pipeline Association revealed that the Texas oil and gas pipeline industry had a $48.6 billion impact on the state in 2019.

TC Energy to Begin Construction on NGTL Expansion Project

TC Energy has received approval from the Canadian government for its 2021 NOVA Gas Transmissions Ltd. (NGTL) System Expansion Project.

Cenovus Energy to Cut Up to 25% of Combined Workforce After Husky Deal — Companies

Cenovus Energy announced on Tuesday plans to cut between 20 and 25% of its workforce once it finalizes the acquisition of Husky Energy.

DTE Energy to Spin Off Gas Pipeline Business

Michigan utility DTE Energy announced on Tuesday it is spinning off its gas pipeline business into a publicly-traded company.

Canada's Cenovus to Buy Husky for $2.9 Billion

Canada's Cenovus Energy has agreed to purchase Husky Energy for nearly $3 billion as the industry is forced to consolidate amid the pandemic continues to suppress demand.

Nord Stream 2 Pipe-Laying Vessel Nears Project Hub

A Russian pipe-laying vessel, expected to help complete the $11 billion Nord Stream 2 pipeline, is heading towards a pipeline storage yard for the project in Germany, according to ship-tracking data.

Judge: Michigan Regulator Can Evaluate Enbridge Pipeline Tunnel Plan

A Michigan judge ruled on Friday that a state regulatory agency has some authority to evaluate Enbridge's Line 5 pipeline tunnel plans, but should not consider broader implications of the pipeline's contribution to climate change in its evaluation.

IEnova Expects Mexican Export Permit for Costa Azul LNG This Year

IEnova, a unit of Sempra Energy, still expects to receive a permit from Mexico for its Costa Azul LNG export facility by the end of the year.

Biden Calls for ‘Transition’ from Oil; GOP Sees Opening

Democrat Joe Biden’s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states.

Gulf Energy Information Introduces Hydrogen Data with New Platform

Gulf Energy Information has launched Global Energy Infrastructure (GEI), a comprehensive dataset covering projects across the energy industry.

Brooge Energy Begins Preconstruction Work on Phase III Oil Storage Facility

Oil storage firm Brooge Energy has begun preconstruction work on Phase III of its storage facility outside the Straight of Hormuz in the United Arab Emirates.

French Government Asks Engie to Delay U.S. LNG Deal Over Environment Concerns — Source

According to a source familiar with the matter, the French government has asked Engie to reevaluate its U.S. LNG import deal over environmental concerns.

Kinder Morgan Permian Highway Still on Track as Profit Falls

U.S. pipeline operator Kinder Morgan told investors on Wednesday that its Permian Highway pipeline was still on track to begin service in 2021 even as quarterly profit fell 10% due to lower shipping volumes.

Explosion at Thai PTT Gas Line Kills Three, Injures 28

A gas pipeline exploded in Thailand on Thursday killing three people and injuring 28.

Federal Judge Denies Bid to Halt Work on Keystone XL

A federal judge has denied a request by Native American tribes to halt work on the Keystone XL oil pipeline.

FERC Approves Kinder Morgan Acadiana Expansion Project

The U.S. Federal Energy Regulatory Commission has approved Kinder Morgan Louisiana Pipeline’s Acadiana Project.

Kleinfelder Completes Acquisition of Gas Transmission Systems

San Diego-based Kleinfelder Group said it has acquired utilities and pipeline services firm Gas Transmission Systems (GTS) for an undisclosed sum.

Fluor Awarded Pipeline Construction, Maintenance Contract in Peru

Fluor has been awarded a pipeline construction and maintenance contract in Peru by Compañía Operadora de Gas (COGA) under the Consorcio Mantenimiento de Gasoductos del Peru (CMgP) consortium.

U.S. LNG Jumps to 20-Month High on Rising Exports, Cold Weather

Natural gas prices in the U.S. jumped to their highest level in nearly two years on Tuesday on higher volumes of LNG exports and forecasted colder weather than previously expected.

Shale Producer Pioneer Natural to Buy Parsley Energy for $4.5 Billion

Pioneer Natural Resources announced on Tuesday its intention to purchase Parsley Energy in an all-stock deal valued at $4.5 billion.

China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads

China pumped more crude oil into storage in September reversing two months of drawdowns as the world's largest oil importer continued to work through massive purchases made earlier this year when prices plunged.

Israeli Pipeline Company Signs Deal to Bring UAE Oil to Europe

Israeli pipeline company EAPC has signed a preliminary deal to transport oil from the United Arab Emirates to Europe via a pipeline connecting the Red Sea city of Eilat to the Mediterranean port of Ashkelon.