Regions

Cyprus to Get First Natural Gas Import Terminal

Cyprus officially began work Thursday on the country's first-ever natural gas import terminal.

Zhejiang Wins China's First Private Fuel Export License — Sources

Zhejiang Petroleum & Chemical Co has been granted a license to export fuel from the country to the international market, a first for a private oil company in the country.

Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion

Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.

Russian Vessel Able to Complete Nord Stream 2 Pipeline Departs from German Port

A Russian vessel that has the capabilities needed to complete the Nord Stream 2 pipeline has left the project's staging area in Germany where it was docked.

End of an Era? Series of Setbacks Bode ill for Big Pipeline Projects

A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.

China Hires Morgan Stanley, Goldman Sachs to Advise on Pipeline Asset Transfers — Sources

China has hired Morgan Stanley and Goldman Sachs to advise the country's top energy firms on multi-billion dollar deals transferring oil and natural gas pipeline assets to a new national energy infrastructure company.

Supreme Court Reinstates Permit 12 but Excludes Keystone XL

The U.S. Supreme Court reinstated use of the Army Corps of Engineers' Nationwide Permit 12 but refused to allow use of the fast-track permit to resume work on TC Energy's Keystone XL project.

Energy Transfer Vows to Keep Dakota Access Oil Flowing

Energy Transfer vowed to fight a court order to shut down and empty the Dakota Access oil pipeline, contending that U.S. District Judge James Boasberg overstepped his authority with the Monday ruling.

Alberta Looking for U.S. Democratic Support of TC Energy's Keystone XL Pipeline — Premier

The government of Alberta is planning to approach several key U.S. Democratic lawmakers to garner support for its Keystone XL pipeline project.

Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work

Denmark has given approval for the Nord Stream 2 pipeline to use pipelaying vessels with anchors to complete work on the natural gas pipeline in Danish waters.

Equinor Plans UK Project to Produce Hydrogen from Natural Gas

Equinor is leading a project to build a plant in Britain that will produce hydrogen from natural gas in combination with carbon capture and storage, with pipelines to transport hydrogen for use by multiple industry and power customers.

Brazil's Petrobras Considers Offshore LNG Units for Pre-Salt Gas

Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said.

Record Debts Come Due for Canadian Energy Companies

The Canadian energy industry has borrowed heavily to survive a series of catastrophes, and is facing C$6 billion in refinancing in the next six months. Maturing energy debts this year are more than 40% higher than 2019.

NiSource to Pay $56 Million to Resolve Gas Blasts Probe

NiSource Inc will pay $56 million to resolve a probe into Massachusetts gas explosions in 2018 linked to a utility it owns that killed one person and destroyed multiple buildings, the state's attorney general said.

Petrobras Enters Binding Phase in Sale of 10% Stake in NTS Gas Pipeline

Brazil's state oil firm Petrobras has begun the binding phase in the sale process of its 10% remaining stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), it said in a securities filing on Friday.

Germany Plans Ambitious Hydrogen Pipeline Network

Over the next decade, Germany plans to create the longest hydrogen transmission pipeline network in the world and it will be an integral part of the country’s “green stimulus” program to restart the economy after the coronavirus (COVID-19) crisis.

Canada's Supreme Court Dismisses Appeal Against Trans Mountain Pipeline

Canada's Supreme Court has dismissed a lower court appeal filed against the Trans Mountain pipeline removing one of the last remaining hurdles of the expansion project.

Michigan Judge Allows Restart of Enbridge Line 5 Pipeline

A Michigan judge ruled that Enbridge can resume pumping oil through its Line 5 pipeline, nearly a week after shutting it down because of damage to a structure that anchors a section of the line.

Germany's Merkel Underlines Aim to Complete Baltic Pipeline

German Chancellor Angela Merkel has reaffirmed her country's commitment to completing the controversial Nord Stream 2 pipeline that has faced tough U.S. resistance.

UAE’s BPGIC to Expand Storage Facilities

The United Arab Emirates’ Brooge Petroleum and Gas Investment Co (BPGIC) said on Wednesday that it was moving ahead with its oil storage expansion plans as there has been a limited impact from the coronavirus pandemic on the company's operations.

India to Simplify Gas Pipeline Tariff to Boost Demand

India's oil minister announced the country is planning to simplify its gas pipeline tariff structure in order to attract further investment into the nation's gas infrastructure.

Alaska Officials Approve BP's Sale of Pipeline, Oil Leases to Hilcorp

Alaskan energy officials on Monday approved the sale of BP's pipeline and oil and gas assets to Hilcorp Energy as part of a previously announced multi-billion dollar deal.

EU Prepares Response to Nord Stream U.S. Sanctions Threat

The European Union is preparing measures to protect itself against proposed U.S. sanctions against European companies involved in the construction of the Nord Stream 2 pipeline.

Sasol to Sell Stakes in Mozambique Pipeline, Power Plant — Sources

According to two sources, Sasol is looking to sell its stakes in a Mozambique pipeline as well as a power plant in the country.

Abandoned Oil Tanker off Yemen Coast at Risk of Exploding

An abandoned oil tanker less than four miles off the Yemeni coast is at risk of exploding releasing more than a million barrels of crude oil into the Red Sea according to UN officials.

Investors Raise $7.96 Billion Loan for ADNOC Pipeline Deal

A group of investors has signed a nearly $8 billion loan to help finance a $10 billion gas pipeline investment with the state-owned Abu Dhabi National Oil Company.

Poland Signs Deals to Expand LNG Terminal

Poland has signed nearly $500 million in contracts to expand the country's LNG import terminal on the Baltic Sea in order to help the country diversify away from a reliance on supplies from Russia.

U.S. Gas Deliveries for LNG Export Fall by More than Half

Daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 Bcf/d in late March 2020, but deliveries fell to less than 4 Bcf/d in June.

Hungary, Gazprom Agree to Long-Term Gas Supply Deal

Hungary and Russian gas giant Gazprom have agreed to a flexible, 15-year gas supply deal that gives the central European country the ability to renegotiate or cancel the deal if alternative supply methods become available.

TC Energy Selects Michels Canada to Build Keystone XL Pipeline in Canada

Michels Canada has announced that the company has been selected by TC Energy to construct the Canadian portion of the Keystone XL pipeline.