North America
P&GJ’s Europe 500 Report of Top Pipelines
The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.
U.S. FTC Clears Chevron-Hess Deal, Bars John Hess From Board
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp. on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
New Fortress Exports Mexico's First LNG Cargo From $1 Billion Facility
U.S. energy infrastructure company New Fortress Energy on Monday shipped the first export of liquefied natural gas from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.
New AMPP Chair Stresses Enhancing Member Access to Standards
AMPP’s new chair, Kimberly-Joy Harris, brings over 30 years of expertise to the energy sector, specializing in leading and consulting on projects that enhance asset integrity and sustainability, efficiency and innovation.
FERC Sides with Venture Global LNG on Equipment Issues as Contract Disputes Escalate
U.S. regulators have backed Venture Global LNG's efforts to address equipment issues at its Calcasieu Pass, Louisiana plant, which have prevented the company from fulfilling long-term LNG contracts for two years.
Exxon Board Member Gregory Goff Joins Elliott Group's Bid to Acquire Citgo Petroleum
Exxon board member Gregory Goff has joined Amber Energy, an Elliott-backed company, in a bid to acquire Citgo Petroleum through a U.S. court auction. The deal aims to resolve Venezuela’s debts, placing a $7.28 billion enterprise value on the Houston-based oil refiner.
TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain
France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.
Vivakor Finalizes $120 Million Acquisition of Endeavor Crude Transport Firms
The Endeavor entities collectively manage a large-scale oilfield trucking fleet, transporting crude oil and petroleum products across the U.S. They are also involved in blending, processing, and remediating hydrocarbons, with facilities linked to pipeline networks.
Natural Gas Producers Demand Harris’ Stance on Key Energy Issues in Battleground Pennsylvania
As the nation’s second-largest natural gas producer, Pennsylvania is crucial in the upcoming election, with energy policies on LNG and fracing poised to shape the battleground state’s economy. Harris’s approach remains unclear, leaving industry leaders concerned about the potential impact on jobs and energy costs.
FTC Bars Hess CEO from Chevron Board Seat in $53 Billion Deal, Sources Say
U.S. antitrust regulators will block Hess CEO John Hess from joining Chevron's board as a condition for approving Chevron's $53 billion acquisition of Hess, according to sources. This mirrors restrictions in other recent oil industry megamergers.
Validus Energy to Acquire Tulsa-Based Citizen Energy in $2 Billion Deal, Sources Say
Privately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billion, including debt, according to people familiar with the matter.
Eni CEO Predicts Brent Oil to Rebound to $80 per Barrel by Year-End
The chief executive of Italian energy group Eni expects Brent oil prices to recover to around $80 per barrel in the coming months.
EQT Plans to Reverse Some U.S. Natural Gas Production Curtailments in October, CEO Says
"Production curtailments will be a normal part of our strategy when prices are low," CEO Toby Rice said, noting the company has already curtailed about 1 billion cubic feet per day (Bcf/d) of production in the spring.
U.S. Sanctions Syrian, Iranian Entities for Shipping Oil to Syria and East Asia
The U.S. Department of Treasury has sanctioned more than a dozen entities and vessels over their involvement in the shipment of Iranian crude oil and liquid petroleum gas to Syria and East Asia on behalf of the Iran's Revolutionary Guards and Hezbollah.
EIA: U.S. Crude Stockpiles Plunge to 2.5-Year Low as Inventories Fall Across the Board
U.S. oil inventories fell across the board last week, the Energy Information Administration said on Wednesday, drawing down more than expected and with crude oil stockpiles hitting their lowest level in nearly 2-1/2 years.
Woodland Biofuels to Invest $1.35 Billion in Louisiana for RNG, Hydrogen Plant
Canadian renewable fuel company Woodland Biofuels announced on Tuesday an investment of $1.35 billion at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen facility.
FTC Set to Greenlight Chevron's $53 Billion Buy of Oil Rival Hess, Sources Say
The U.S. Federal Trade Commission is expected to greenlight Chevron’s $53 billion acquisition of Hess this week, according to sources. While FTC approval is near, Exxon Mobil’s legal challenge over Hess’s Guyana assets remains a key hurdle, with a decision expected by mid-2025.
Diamondback, Kinetik Acquire 30% Stake in EPIC’s 800-Mile Crude Oil Pipeline
EPIC Crude is an 800-mile crude oil pipeline system that connects the Delaware, Midland Basin, and Eagle Ford supply to EPIC's 3.4 million barrel Robstown Terminal near Corpus Christi.
Tanker Departs Venture Global’s Louisiana Plaquemines LNG Export Plant as Facility Nears Production
The tanker docked for the past month at U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana had left by Tuesday morning, according to data provider LSEG.
Canadian Natural Gas Prices Hit Two-Year Low as Alberta Storage Nears Full Capacity
Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta reach full capacity due to weak demand across North America.
Texas Sues Biden Administration Over Lizard Protection, Cites Threat to Permian Basin Oil Operations
Texas Attorney General Ken Paxton has sued the Biden administration over the dunes sagebrush lizard's endangered status, claiming it threatens oil and gas production in the Permian Basin. The lawsuit argues that the decision is politically motivated and could harm Texas' energy industry.
Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
KBR has announced that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.
Tallgrass Launches Open Season for Pony Express Crude Oil Pipeline
Pony Express Pipeline, operated by Tallgrass, has launched a new binding open season for crude oil transportation from Pony Express' Carpenter origin in exchange for incentive tariff rates.
Berkshire Hathaway Shuts Cove Point LNG Plant for Annual Maintenance
U.S. energy firm Berkshire Hathaway Energy shut its Cove Point liquefied natural gas (LNG) export plant in Maryland for about three weeks of annual autumn maintenance, according to a company notice to customers.
Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says
Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.
Carlyle-backed Crescent Midstream to Develop $1 Billion Carbon Capture Project in Louisiana
Oil pipeline firm Crescent Midstream, which is backed by investment firm Carlyle Group, said it would jointly develop and construct a carbon capture and storage project in Lake Charles, Louisiana.
Chevron Won't Invest in U.S. LNG Plant Construction, Citing Better Use of Capital
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.
Criminal Probe Underway After Car Strikes Energy Transfer Pipeline in Houston, Body Found
Human remains were found in a burned-out car that struck an Energy Transfer natural gas liquids pipeline earlier this week in Houston, sparking a criminal investigation, local media reported on Thursday citing officials.
Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell
Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.
ConocoPhillips, Uniper Ink 10-Year Natural Gas Supply Deal
German energy company Uniper and U.S. oil and gas producer ConocoPhillips said they have agreed a supply deal for up to 10 billion cubic meters of natural gas over the next 10 years.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- 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
