Company News
Freeport LNG Loads 100th Cargo
Freeport LNG today announced that it has loaded its 100th LNG cargo, which departed from Freeport LNG's terminal on Saturday.
Dresser NGS Expands Product Line with Acquisition of Flow Safe
Dresser Natural Gas Solutions has acquired Flow Safe in a move that enables the Houston-based measurement and instrumentation provider to offer over-pressure protection for its natural gas customers.
Shell Midstream's Revenue Slides During Active Storm Season
Shell Midstream Partners said third-quarter revenues took a $10 million hit during hurricane season, which is likely to cause more financial damage through the end of the year.
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.
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.
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.
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.
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.
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.
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.
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.
ROSEN Group Headed for Hydrogen
With more than 30 years of experience in pipeline integrity management, the ROSEN Group is investing in a new challenge to support operators in the transition toward a low-carbon future.
Majors Win Distinguished Pipeline Safety Awards
Citgo, Colonial and Marathon were the big winners of the American Petroleum Institute (API) 2019 Distinguished Pipeline Safety Awards.
Blackbuck Resources Acquires Whites City Water Infrastructure from Cimarex Energy
Blackbuck Resources has acquired water infrastructure assets from Cimarex Energy.
TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation
Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.
ConocoPhillips to Buy Concho Resources for $9.7 Billion
ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.
ADNOC to Divest 20% Stake in Gas Pipeline Assets
ADNOC has announced a 20% sale of its gas pipeline assets to the Abu Dhabi Pension Fund and a regional holding company, ADQ.
Enbridge Completes North Dakota Stretch of Line 3 Replacement Project
Enbridge announced on Wednesday that the Canadian pipeline company has completed the North Dakota portion of its Line 3 replacement project.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
