Business & Markets
Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
Enbridge plans a $2 billion upgrade to North America’s largest crude pipeline, enhancing capacity and reliability across its Mainline network through 2028.
Kazakhstan Plans 12% Increase in CPC Pipeline Exports for March
Kazakhstan plans to lift its oil supplies via the CPC pipeline, its main exporting route, by 12% in March from February, according to the energy ministry, signaling an increase in the country's output despite efforts to comply with an OPEC+ deal.
Oil Flows via Druzhba Pipeline to Czech Republic Stopped, Mero Says
Oil flows via the Russian pipeline Druzhba to the Czech Republic stopped again, but there is no threat of shortages, Czech pipeline operator Mero said on Tuesday.
Vitol to Supply LNG to Philippines Under 10-Year Deal
Vitol Asia Pte Ltd. has signed a 10-year liquefied natural gas (LNG) supply agreement with LNGPH, a consortium of South Premiere Power Corporation and Excellent Energy Resources Inc.
South Korea, U.S. to Form Working Group on Alaska LNG Project, Trade Issues
South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea's Industry Minister Ahn Duk-geun said on Tuesday.
Shell's LNG Outlook for Asia Faces Volume-Price Dilemma
It's not really a surprise that one of the world's largest liquefied natural gas companies is bullish about the long-term view for the super-chilled fuel, but Shell's outlook also has inherent contradictions.
Turkey Wants Iraq-Turkey Oil Pipeline Flowing at Maximum Capacity
Turkey wants an Iraq-Turkey oil pipeline to operate at maximum capacity once it resumes flows through Turkey's Ceyhan, Turkish Energy Minister Alparslan Bayraktar was quoted as saying by the state-owned Anadolu news agency on Sunday.
NextDecade Weighs Additional Liquefaction Trains for Rio Grande LNG
NextDecade is considering adding more liquefaction trains to its Rio Grande LNG terminal, signaling potential expansion at the U.S. export facility.
U.S. Natural Gas Prices Surge 8% on Record LNG Exports
U.S. natural gas futures jumped about 8% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two weeks than previously expected.
Baker Hughes, Frontier to Develop Wyoming Carbon Storage Hub
Baker Hughes has announced a partnership with Frontier Infrastructure to accelerate the development of the latter's large-scale carbon capture and storage (CCS) and power solutions in the United States.
India to Launch World's Longest LPG Pipeline, Stretching 1,740 Miles, by June
India is set to commission the world’s longest LPG pipeline, stretching 1,740 miles, by June, a major milestone for the country’s energy infrastructure.
Europe Soaks Up Most U.S. LNG Exports Amid Cold Weather, High Prices
Europe soaked up most U.S. liquefied natural gas (LNG) exports for the second straight month in February, as cold weather and strong prices pushed up demand for the superchilled gas across the Atlantic, according to preliminary data from financial firm LSEG.
TC Energy Nears May In-Service Date for Southeast Gateway Pipeline
TC Energy Corp. has reached mechanical completion on its Southeast Gateway pipeline project, keeping the company on track for an anticipated May 1, 2025, in-service date.
Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
Canada’s energy sector has proposed several major oil pipelines in the past decade, but regulatory hurdles, environmental opposition, and political decisions led to the cancellation of key projects like Energy East, Northern Gateway, and Keystone XL. Here’s why these pipelines never got built.
Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
Diversified Energy Company Plc has completed its acquisition of operated natural gas properties and midstream pipeline infrastructure from Summit Natural Resources.
KNOT Offshore Swaps Older Tanker for Newer Suezmax Vessel
KNOT Offshore Partners LP has agreed to swap its 2012-built shuttle tanker, Dan Sabia, for the 2021-built Live Knutsen, strengthening its fleet with a larger, industry-standard vessel.
Midwest Ethanol Expansion Delayed for South Dakota, Ohio by EPA
The U.S. Environmental Protection Agency said on Friday it would delay an action by one year to expand sales of higher ethanol blends of gasoline in South Dakota and Ohio, two of eight Midwestern states that requested the agency approve increased sales of the product.
Burgum’s Backing at Interior a Boom for Bakken?
In North Dakota, the nation’s second-leading energy producing state and third-best for oil, a three-member Industrial Commission (IC) headed by the governor oversees the state’s economy that is dominated by energy and agriculture.
Bakken Natural Gas Expansion Gains Momentum Amid Pipeline Projects
Bakken pipeline expansion is underway, with projects addressing capacity constraints—especially for natural gas. Kinder Morgan’s $640 million acquisition in the Williston Basin adds to the momentum.
Fugro Sees U.S. Hydrocarbon, LNG Projects Restart After Trump Election
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday.
MPLX to Acquire Full Ownership of 425-Mile BANGL Pipeline in $715 Million Deal
MPLX is acquiring the remaining 55% stake in the 425-mile BANGL pipeline for $715 million, expanding its Permian footprint and securing full ownership of a key natural gas liquids transport system. The pipeline’s capacity is set to increase to 300,000 bpd next year, supporting MPLX’s upcoming Gulf Coast fractionation complex.
ONEOK Pipeline Expansion Projects, NGL Fractionator Completed
ONEOK Inc., completed the MB-6, a 125,000-bpd NGL fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system.
Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
The federal government has taken over regulating Missouri’s 1.5 million miles of natural gas pipelines, citing the state’s failure to enforce adequate penalties for safety violations.
Congress Overturns Biden-Era Methane Fee on Energy Producers
The U.S. Senate on Thursday voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, one of the previous Environmental Protection Agency's final measures to force big oil and gas producers to slash emissions of the powerful greenhouse gas.
Expand Energy Plans 5% Gas Output Growth Amid Rising Demand
Expand Energy, formerly known as Chesapeake Energy and the biggest natural gas producer in the U.S., said on Thursday it was on track to boost output by more than 5% in 2026 from levels expected in 2025 so long as market conditions warrant such a move.
Spain's Endesa Faces New LNG Arbitration Over Price Dispute
Spanish power utility Endesa is facing a new arbitration related to a price review of a long-term liquefied natural gas (LNG) supply contract, Chief Financial Officer Marco Palermo said on Thursday.
Possible Effects of New Greece-North Macedonia Link for Europe
The Alexandroupolis Terminal is a proposed floating storage and regasification unit (FSRU) import terminal in the Aegean Sea, off the coast of Greece. Back in February 2022, the national government of North Macedonia initiated a process by which it hopes to secure a firm supply of critical LNG flowing from the Alexandroupolis FSRU.
OPAL Fuels to Develop Four New RNG Facilities
OPAL Fuels Inc. has entered joint venture partnerships to develop four new landfill renewable natural gas (RNG) production projects. The company’s 50% stake in the projects represents 1.5 million MMBtu of annual design capacity.
Russia’s Baltic LNG Plants Stop Exports as U.S. Sanctions Kick In
Small-scale Russian producers of liquefied natural gas (LNG) located on the shores of the Baltic Sea, Portovaya LNG and Kryogaz-Vysotsk, have suspended LNG supplies, LSEG ship-tracking data showed on Thursday, as U.S. sanctions have kicked in.
ADNOC, Osaka Gas Sign 15-Year LNG Supply Deal for Ruwais Project
Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas from its Ruwais project.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
