Storage
Mexico In Talks with US Storage Providers to Set Up Gas Reserve
Mexico is in talks with U.S. storage providers to create a strategic gas reserve that could be used in emergencies, an official with the country's state power utility said, after a 2021 cold snap left businesses in northern Mexico without gas.
Centrica Reopens UK's Rough Gas Storage Site in Time for Winter
British Gas owner Centrica has reopened its Rough gas storage site off England's east coast at about 20% of its previous capacity, enough to heat 1 million homes for 100 days this winter, the company said on Friday.
Slovak’s SPP Inks LNG Supply Deal with Exxon
Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.
Williams Acquires Texas Natural Gas Pipeline for $423 Million
The $423 million transaction, which closed on August 31, 2022, includes approximately 80 miles of natural gas transmission pipelines and 36 Bcf of natural gas storage in the Dallas-Fort Worth market.
Equinor, Wintershall Dea Consider Building 560-Mile Pipeline to Capture CO2 Under North Sea
Equinor and Wintershall Dea eye the construction of a 900-km (560-mile) long pipeline to transport CO2 from northern Germany to storage sites offshore Norway before 2032. The pipeline is expected to have a transport capacity of 20 million to 40 million tonnes of CO2 per year.
LNG Traders Report Huge Losses After Supply Outages Hinder European Storage
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug an LNG supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season.
BP Drills Appraisal Well in Texas for Carbon Capture and Storage
BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Governor: Third Oil Storage Tank Collapses in Cuba Terminal Following Fire, Spill
A third crude tank caught fire and collapsed at Cuba's main oil terminal in Matanzas, its governor said on Monday, as an oil spill spread flames from a second tank that caught fire two days earlier in the island's biggest oil industry accident in decades.
US Emergency Crude Stockpile Falls to Lowest in 37 Years
The U.S. emergency crude oil stockpile fell by 4.6 million barrels last week to its lowest level since May 1985, according to the Department of Energy on Monday.
Economic and ESG Cost of Lost and Unaccounted for Gas Errors
The industry-accepted lost and unaccounted for (LAUF) natural gas storage, processing and transportation averages 0.40% of throughput. LAUF is driven by myriad factors, including pneumatic device integrity and venting, but it is dominated by persistent measurement errors.
Italy’s Snam Buys Floating Regasification Unit for $400 Million
Italy's Snam has signed a $400-million deal with BW LNG to buy a floating storage and regasification unit (FSRU), the gas grid operator said on Wednesday, as Rome rushes to find alternative supplies to Russian gas.
US Natgas Jumps 4% To Fresh 13-Year High on Small Storage Build
U.S. natural gas futures gained about 4% to close at a fresh 13-year high on Thursday on a smaller than usual storage build and a recent drop in U.S. output.
Xebec Wins $113.5 Million Order for Carbon Capture, Sequestration Equipment
Xebec Adsorption Inc. has inked a binding contract to supply large-scale CO2 compression equipment for world’s largest carbon capture and storage project.
Delek Logistics Acquires Permian Basin Gathering Assets in $624.7 Million Deal
The asset base includes approximately 485 miles of pipelines, 88 million cubic feet per day of cryogenic natural gas processing capacity, 120,000 bbl of crude storage capacity and 200,000 bbl/d of water disposal capacity.
Spain to Open Idle Liquid Gas Facility as European Storage Base
Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.
Alberta Picks Six Proposals to Develop Canada's First Carbon Storage Hubs
Canada's main oil-producing province Alberta has selected six proposals to move forward with developing Canada's first carbon storage hubs, intended to help cut climate-warming emissions by permanently sequestering them underground.
US Oil Exports Surge, Drawing Crude Away from Storage Hub
U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.
US Gulf of Mexico Brimming with LNG Tankers as Exports Rise
LNG export terminals are running near full capacity with U.S. exports in high demand amid Russia's invasion of Ukraine and Europe's drive to rebuild shrunken natural gas stocks.
For Dutch Province, Ukraine War Is a Call to Pump Natural Gas
The Groningen field contains roughly 450 Bcm of recoverable gas. That's nearly three years' worth of European imports from Russia, according an expert at the Netherlands Organization for Applied Science.
Underground Storage Faces a Clouded Future
In early November, the consulting firm FTI Consulting Inc. conducted a workshop on underground natural gas storage as part of its contract with the California Public Utilities Commission (CPUC).
Neptune Energy Aims to Store More Carbon than it Emits by 2030
Neptune Energy announced its aim to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.
Talos Energy to Seek Approvals for Several Carbon-Capture Projects
Talos is developing plans to build carbon capture projects along the Texas and Louisiana coasts as energy businesses seek to lower emissions of carbon dioxide and other pollutants.
Proper Cleaning and Storage of Pipeline Pigs
Proper storage and maintenance are important to ensure the optimal performance and condition of urethane pigs.
US to Release Oil from Reserves; OPEC+ Rebuffs Call for More Crude
The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers repeatedly ignored calls for more crude.
Duke Energy Begins Replacing Aging Gas Pipeline
Construction got underway on the 12-mile Central Corridor replacement pipeline designed to run though Hamilton County, Ohio, which is in the southeast corner of the state and contains the city of Cincinnati.
New Terminal Loads Initial VLCC Tanker with Crude Oil
Buckeye Partners said crude oil export operations began at the second deepwater dock at South Texas Gateway (STG), a new facility constructed at the mouth of the Corpus Christi Ship Channel in Ingleside, Texas.
Enterprise, Navigator Begin Service on Ship Channel Ethylene Tank
Enterprise Products Partners and Navigator Holdings began service has begun on a 30,000-ton refrigerated ethylene storage tank at the ethylene export terminal, which is owned 50/50 by affiliates of the two companies.
Natixis Sees Deals from Gulf States Monetizing Oil Assets
Natixis expects oil-rich Gulf states to accelerate privatizations, including by extracting revenue from oil assets, with Saudi Arabia and possibly Oman as likely candidates for similar deals next year, the French bank’s regional head said.
China’s Sinopec Plans Record LNG Imports to Battle Cold Snap
Sinopec Corp pledged to maximize domestic gas productions and raise imports of LNG to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel.
North Sea Could Shift from Oil Reservoir to CO2 Storage - Total CEO
The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
