Regions

Tracking Data Shows Russian Pipe-Laying Vessels Head toward Nord Stream 2 Work Site

Russian pipe-laying and other vessels are heading to Nord Stream 2 pipeline construction sites in the Baltic Sea amid U.S. pressure to scrap the project that aims to pump more Russian gas to Europe.

Canada’s Connacher Oil and Gas Announces Pipeline Project

Connacher Oil and Gas expects to have a 18,000 barrel per day oil pipeline from its Great Divide oil sands leases near Fort McMurray, Alberta, completed by the second half of 2022.

Pause on Federal Drilling Could Hamper Economic Recovery, Create Foreign Dependence

President Joe Biden’s administration imposed a 60-day pause on oil and gas permits on federal land in what industry leaders are calling a fracking ban.

U.S. Set for Record Canadian Oil Imports Even Without Keystone XL

Even without Keystone, the United States now relies on Canada for more than half of its imported oil. Several of the lines carrying that crude are in the midst of expansions.

Government Approves Routes for Wyoming CO2 Pipelines

Interior Secretary David Bernhardt signed the plans last Friday, days before leaving office with the rest of President Donald Trump's administration. The approval allows companies to begin submitting pipeline construction proposals.

European Lawmakers Call to Block Nord Stream 2

As expected, European Union lawmakers passed a resolution calling for the bloc to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

Oil Steadies After Unexpected Increase in U.S. Crude Stockpiles

Oil prices steadied on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices.

Pinnacle Midstream to Build Gas Gathering System

Pinnacle Midstream II in late December 2020 said that it has signed a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy, which anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.

Germany's Merkel Plans to Discuss Nord Stream 2 with US

In general, Merkel said that "there is simply a much broader political overlap with President Biden" than with predecessor Donald Trump.

EU Lawmakers Expected to Vote to Block Nord Stream 2

European Union lawmakers are expected to support a resolution to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

German Regulator Awaits Detailed Complaints Against Nord Stream 2

Opponents still need to give detailed reasons to justify a halt on Nord Stream 2's construction in German waters.

Biden Formally Revokes Necessary Keystone XL Permit, Ottawa Disappointed

U.S. President Joe Biden on Wednesday formally revoked the permit needed to build the Keystone XL oil pipeline, dashing Ottawa's hopes of salvaging the $8 billion project that the struggling Canadian crude sector has long supported.

Biden Revocation of Keystone XL Pipeline Permit a Blow to Canada's Oil Sector

The move would represent another set-back for the beleaguered Canadian energy industry, kill thousands of jobs and marks an early bump in Biden's relationship with key trade partner Canada.

Keystone XL Pipeline Work Suspended Ahead of Biden Action

TC Energy has suspended work on the pipeline in in anticipation of incoming U.S. President Joe Biden revoking its permit.

New Pipelines Needed to Bring Appalachia Shales Natural Gas to Gulf Coast LNG Facilities, Study Shows

While other plays near the Gulf Coast are better located to provide natural gas to meet LNG feedstock demand, the Marcellus and Utica can play a relevant role in supplying natural gas to the new LNG facilities located on the Gulf Coast, but additional pipeline capacity will be needed.

Future Looks Bright for LNG in Post-COVID-19 Era

The onset of COVID-19 caused a decline in gas demand of around 4% with a similar decline in the LNG trade. Most forecasts expect gas demand to recover in 2021 to pre-pandemic levels. But what happens thereafter?

Canada in Touch with Biden Admin About Keystone XL Pipeline

A person familiar with the pipeline matter said Monday that the document cited by Canadian news media, which indicated Biden would cancel the Keystone XL Pipeline on day one of his presidency, was a draft slide that was a few weeks old.

Projects

Open Grid Europe Looks to Operate Gas Pipeline in March   Source: Zeelink Open Grid Europe is testing the recently completed $705 million (600 million euro) Zeelink gas pipeline with plans to make it operational, possibly as early as March 2021.   The 134..

Army Corps on Hot Seat over Changes to Pipeline Approvals

With the arrival of the Biden administration and the ascension of environmental concerns to provide a spike in political pressure, the Army Corps of Engineers may have to rethink its proposed changes to the nationwide permits it issues for all sorts of dredge and fill construction activities around wetlands, including gas and water pipelines.

Max Midstream Announces Agreement with Major European Tank Storage Company

Texas-based energy company Max Midstream announced it has formed two new subsidiaries in Europe to trade its Texas Crude and Condensate and products throughout Europe.

Global News

Missile Attack on Saudi Distribution Plant Has Little Impact   Iran-aligned Houthi forces fired a missile that struck Aramco’s North Jeddah Bulk Plant, authorities said, but Saudi Aramco said its domestic fuel supplies were not affected.    Abdullah al-Ghamdi, manager of the North Jeddah plant, sa..

Report Indicates Germany's Bilfinger Drops Out of Nord Stream 2 Project

The news comes as the U.S. Treasury Department on Tuesday slapped sanctions on a vessel helping to build the pipeline to take Russian natural gas to Europe via Germany.

Pembina Pipeline Launches Open Season on Cochin Pipeline

Through the open season, Cochin Canada will make available up to 14,000 barrels per day of committed capacity on the Canadian Segment of the Cochin Pipeline, subject to execution by an interested shipper of a transportation services agreement for requested capacity.

Russia’s Gazprom Acknowledges Risks About Nord Stream 2 Project

It is not immediately clear how Russian gas producer Gazprom plans to complete construction. Should Nord Stream 2 be suspended or cancelled, Gazprom may face financial claims from contractors, it said in a prospectus.

Canada Urges Biden Not to Cancel Keystone XL on First Day

Alberta Premier Jason Kenney said Monday he will seek legal damages if reports are true that Biden plans to scrap the pipeline upon taking office. Biden's plan is outlined in transition documents seen by Canadian media outlets.

Germany Responds to U.S. Decision to Sanction Russian Vessel Involved in Nord Stream 2

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany.

Zurich Insurance Reportedly Dropping Out of Nord Stream 2 Project

Zurich Insurance Group will drop out of Russia's Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar with the situation said.

Source Indicates Biden May Cancel Keystone XL Pipeline Permit Upon Taking Office

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.

Nord Stream 2 Resuming Work in Danish Waters This Week, TASS reports

Russia said on Wednesday it was confident of completing the project, although two sources said the U.S. State Department had this month told European companies suspected of helping to build the pipeline that they faced possible sanctions.

China’s 2020 Crude Oil Imports Surged 7.3%

Customs data also showed imports of natural gas, including fuel supplied as liquefied natural gas and via pipeline, reached a record 11.23 million tons in December.