Infrastructure

U.S. Grants $750 Million for Hydrogen Projects Across 24 States

The U.S. Department of Energy said on Wednesday it is granting $750 million to projects across 24 states that are building capacity to produce and use clean hydrogen.

SONATRACH and Huawei Launch Smart Fiber Sensing Solution for Oil, Gas Pipelines

This innovative solution integrates advanced fiber optic sensing technology to enhance pipeline security, intelligence, and operational efficiency.

Kimmeridge Makes $2.1 Billion Offer for SilverBow, Proposing Pipeline Assets Merger

Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment firm said on Wednesday.

Former Tallgrass Board Member Settles Insider Trading Charges Linked to $3.03 Billion Pipeline Deal

A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline operator in 2019, the U.S. SEC said on Tuesday.

Nord Stream Sues Insurers in London Over 2022 Pipeline Explosions

Nord Stream is seeking more than $436 million from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show.

Freeport LNG's Feedgas Intake Plummets Amidst Operational Challenges

Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week, according to data provider LSEG.

NextDecade Targets Train 4 Final Investment Decision at Texas LNG Facility for Late 2024

NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.

Morocco Plans to Dedicate 1 Million Hectares to Green Hydrogen Projects

The Moroccan government said on Monday it will allocate 1 million hectares to green hydrogen projects, starting with 300,000 hectares in a first phase, as part of an offer to attract investors.

Vopak, Air Liquide to Develop Hydrogen Pipeline Network in Singapore

The companies will look at developing low-carbon ammonia supply chains in Singapore, including ammonia cracking facilities, storage and handling infrastructure at Vopak's Banyan terminal, as well as distributing low-carbon hydrogen through a hydrogen pipeline network, Vopak said.

Leak Shuts Down CDU and Coker at TotalEnergies Texas Refinery, Sources Say

The coker and small crude distillation unit (CDU) were shut by a leak on the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, people familiar with plant operations said on Monday.

Shell's LNG, Gas, and Power Trading Chief Steve Hill to Depart Company

Hill joined Shell in 2016 following the $53 billion acquisition of rival BG Group. He has headed Shell Energy, which oversees business-to-business LNG, gas and power trading, part of the company's downstream division.

Bakken Drillers Push Back Against U.S. Carbon Pipeline Company's No Oil Recovery Promise

Summit Carbon Solutions is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases. The company has repeatedly pledged that its project will not be used by drillers to boost output from oil fields.

Enterprise Products Launches Texas Western Products System, Expanding Fuel Operations

Enterprise Products Partners L.P. has announced that the first phase of its Texas Western Products System (TW Products System) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.

EQT and Equitrans Midstream to Merge in $5.5 Billion Natural Gas Deal

EQT Corp., the leading U.S. natural gas producer, is set to acquire Equitrans Midstream in a deal valued at $5.5 billion. The merger will bolster cost-effective production and transportation of natural gas by incorporating over 2,000 miles of pipeline infrastructure into EQT's operations.

Shell, Edison Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension Request

Italian utility Edison and Shell on Friday asked U.S. energy regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.

Enbridge Completes Acquisition of EOG from Dominion Energy, Expanding Gas Utility Portfolio

Enbridge Inc. announced the closing of its acquisition of The East Ohio Gas Company (EOG) from Dominion Energy, Inc. The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit.

AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal

Singapore-based Atlantic, Gulf and Pacific LNG (AG&P), a unit of U.S. investment and development firm Nebula Energy, has acquired a 49% stake in Vietnam's Cai Mep LNG terminal, it said in a statement on Thursday.

Hess Reassesses Chevron's $53 Billion Merger Timeline Amid Exxon's Bid

U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.

Santos Faces Fresh Legal Setback Over $2.4 Billion Narrabri Gas Project

The decision returns the project to the uncertainty of a legal dispute months after Santos won a court battle allowing it to resume pipeline construction at its Barossa gas project.

Xcel Energy Says Its Facilities Likely Started Texas Fire, Faces Negligence Allegations

The Minneapolis-based utility, which provides power and natural gas to parts of Texas and seven other U.S. states, disputed "claims that it acted negligently in maintaining and operating its infrastructure."

Mexico's Pemex, Billionaire Investor Carlos Slim Discuss Reviving Deepwater Gas Project

Mexican state energy company Pemex and billionaire investor Carlos Slim's team are discussing ways to revive development of the country's first deepwater natural gas field that was shelved twice before, two sources told Reuters.

Exxon Challenges Hess's Guyana Asset Sale, Signals Potential Bid

Exxon Mobil Corp. on Wednesday said it filed a contract arbitration disputing Hess Corp.'s proposed sale of its Guyana oil properties and suggested it may counter Chevron Corp.'s pending deal for the assets.

Montfort in Talks to Sell UAE Fuel Oil Facility to Sinopec

Geneva-based trading house Montfort Group is in discussion to sell part or all of its refining facility in the United Arab Emirates to the fuel oil arm of Chinese state giant Sinopec Corp., at least five industry sources told Reuters.

Turkish Oil Terminal Stops Accepting Russian Imports Amid U.S. Sanctions Pressure

One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.

Saudi Aramco, UAE's ADNOC in Talks for Investments in U.S. LNG Projects

Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in U.S. liquefied natural gas projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market, sources aware of the matter said.

Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline

Pipeline operator Enbridge raised its short-term profit growth forecast on Wednesday and said it will invest about $500 million in expanding its pipeline and storage assets to improve its U.S. Gulf Coast presence.

Vitol Nears Acquisition of Exxon, QatarEnergy Stakes in Italy LNG Terminal

Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest LNG import terminal from Exxon Mobil and QatarEnergy, two sources with knowledge of the matter said on Monday.

Temasek Shortlists Saudi Aramco, Shell for Pavilion Energy Asset Sale

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of LNG trading firm Pavilion Energy, sources with knowledge of the matter said.

Canada Energy Regulator Approves Enbridge Mainline Toll Settlement

The Canada Energy Regulator said on Monday it has approved a toll settlement between pipeline operator Enbridge and shippers for moving oil along the Canadian mainline.

India Plans $4.95 Billion Natural Gas Pipeline Network for Kashmir, Northeast Region

India expects investment of about $4.95 billion from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh, a minister said on Monday.