Regions

Snam, Eni, Terna to Fast Track European Pipeline, Hydrogen, Carbon Capture Projects

The two initiatives supported by Snam are a pipeline for hydrogen between Italy, Austria and Germany dubbed the SoutH2 Corridor and a carbon capture and storage hub offshore Ravenna known as the Callisto Mediterranean C02 Network.

Australia Pacific LNG Shipments Halt After Tanker Power Outage

So far, two LNG cargoes have been delayed, and Origin warned that "more LNG cargoes will be deferred,” as the stricken vessel was blocking other tankers from entering the facility on Curtis Island off Australia's east coast.

Gas Condensate Exports from Russia's Yamal LNG Rise 16% In Jan-Nov

Exports of gas condensate, a kind of light oil, from Russia's Yamal LNG field were up by 15.8% year-on-year in January-November at 880,000 metric tons, according to LSEG ship-tracking data and traders.

Canadian Pipeline Operator TC Energy Forecasts Higher 2024 Earnings Despite Competition

TC's Keystone oil pipeline, which moves crude from Alberta to U.S. Midwest refineries and the Cushing, Oklahoma storage hub, faces stiffer competition starting in the first quarter when the Canadian government-owned Trans Mountain pipeline is scheduled to complete an expansion.

Spanish Green Hydrogen Pipeline to Receive EU Funding

The Commission's list includes the H2Med corridor - a future multibillion-euro "green" hydrogen pipeline connecting the Iberian peninsula to France and on to Central Europe by 2030.

EU Keeps Eastern Mediterranean Gas Pipeline on New List of Priorities

The European Commission has maintained a proposed pipeline connecting the gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its new list of Projects of Common Interest (PCI) published on Tuesday.

Kenya to Begin Privatization Drive with Oil Pipeline Stake Offering

The pipeline firm, which is profitable, has a monopoly on the transport of gas and white oil products, the ministry said in a notice,

Sierra Madre Natural Gas Pipeline Project Reaches Milestone with EPC Contract Award

The 500-mile Sierra Madre pipeline will be the primary natural gas supply path to transport up to 2.8 Bcf/d from the U.S. border to the first phase of Mexico Pacific's 15 million tonne per annum Saguaro Energia LNG export facility in Puerto Libertad, Sonora, Mexico.

Canada Oil Sands CCS Project to Make Final Investment Decision in Mid-2025

The CCS project will require a 400-kilometer (249-mile) pipeline to transport captured carbon. Pathways is also consulting with Indigenous groups along its path about potential economic participation, such as taking an equity position in the project.

Danish Fund to Invest $10 billion in Mexican Green Hydrogen Development Hub

One of Mexican President Lopez Obrador's key infrastructure projects is the development of an industrial corridor connecting the Pacific and Atlantic oceans in Mexico's poorer south.

Shell’s Prelude LNG Facility to Resume Exports Next Month

In a sign that maintenance, which started in August, is near completion, the LNG tanker Symphonic Breeze has been booked to arrive at the floating facility on Dec. 6, shipping data shows.

Russian Black Sea Oil Exports Delayed Due to Heavy Storms

Russia's oil and oil product exports from the Novorossiysk Black Sea terminal are being restricted as bad weather has caused significant delays to loadings, two sources familiar with the port's operations said on Monday.

Greek Shippers Exit Russian Oil Trade as U.S. Tightens Price Cap Scrutiny

Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed.

UAE Set to Ramp Up Murban Crude Exports in Early 2024

The United Arab Emirates will ramp up exports of Abu Dhabi's flagship Murban crude early in 2024 as a new OPEC+ mandate kicks in and barrels are diverted to the international market owing to refinery maintenance, according to traders and Reuters data.

Trans Mountain Faces Regulatory Hearing on Pipeline Variance Request

The Canada Energy Regulator (CER) has ordered the company building the Trans Mountain oil pipeline expansion (TMX) to appear at an oral hearing on Monday, as the regulator weighs whether to approve a variance request from the project.

Japan Approves JERA Plan to Keep Surplus LNG in Winter

Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions, its minister said on Friday.

Court of Appeals Affirms Dismissal of Lawsuit by Dakota Access Pipeline Protesters

A recent ruling by a three-judge panel from the 8th U.S. Circuit Court of Appeals has upheld the decision made by a federal judge in 2021 to dismiss a legal action brought forth by demonstrators opposing the Dakota Access Pipeline.

Canadian Oil, Gas Producers Plan to Drill 8% More Wells in 2024, Riding Pipeline Expansion Wave

Canadian oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines, with the Trans Mountain oil pipeline expansion due to open, an industry group said in an annual forecast on Friday.

Indian Oil Plans to Double Ennore LNG Terminal's Capacity

Indian Oil Corp., the country's top refiner, aims to double the capacity of its LNG import terminal at Ennore in southern India, Sandeep Jain, the company's executive director for gas business, said on Friday.

Indonesia Launches First Carbon Storage Project in West Papua

Indonesia's President Joko Widodo on Friday launched construction of a carbon capture, utilization and storage (CCUS) project in West Papua province operated by BP Plc, the country's first carbon storage project.

Santos Forecasts Lower 2024 Output as Bayu-Undan Gas Field Nears End of Life

Australia's Santos forecast a fall in 2024 output on Wednesday, as its Bayu-Undan gas field's life comes to an end and production from the West Australian offshore field declines.

Motiva Postpones Port Arthur CDU Overhaul to January; Smaller Unit Reopens This Week

Motiva Enterprises moved the start of a planned overhaul on the large crude distillation unit (CDU) and coker to January from March at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery, the nation’s largest, people familiar with plant operations said on Wednesday.

Eni to Invest $10 Billion in Ivory Coast's Baleine Field for Oil and Gas Development

The Baleine field, where certified reserves are estimated at 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, was discovered in 2021 by the Italian energy group off the east coast of the West African country.

CEZ Books 2 Bcm Capacity at German LNG Terminal

Czech majority state-owned utility CEZ has agreed to book 2 billion cubic meters (Bcm) of annual capacity at the Stade LNG terminal in Germany from 2027, Prime Minister Petr Fiala said on Thursday.

Brazil Midstream Hopes for $20 Billion Infusion by 2028

(P&GJ) – The Brazil gas and pipelines sector hopes to attract about $20 billion in investments for its development by 2028, thanks to de-monopolization of the industry and the adoption of new legislation, according to recent statements, made by leading market participants and state analysts.

Venezuela Producing 850,000 bpd of Oil, Hopes to Recover Market Share in U.S.

Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country's deputy oil minister, Erick Perez, said on Wednesday, following the temporary lifting of U.S. sanctions on the nation.

FERC Approves Full Operations Restart for Freeport LNG in Texas

U.S. liquefied natural gas (LNG) company Freeport LNG received approval to return part of its export plant in Texas to full operation, the Federal Energy Regulatory Commission (FERC) said on Wednesday.

Canada Initiates Financing for Carbon Capture Advancements

Canada will finance investment tax credits for carbon capture and storage (CCS) and for net-zero energy technologies, following through on previously announced subsidies meant to attract more green investment, its Fall Economic Statement (FES) said on Tuesday.

Balticconnector Gas Pipeline to Expand Transmission Capacity Post-Repair

The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs, Finnish operator Gasgrid said in a statement on Wednesday.

Geopolitical Realities Dim the Prospects for an Oil Embargo on Israel Amidst Middle East Tensions

The conflict has led many analysts, oil market watchers and politicians to draw parallels with the 1973 OPEC embargo, when Arab oil producers cut off oil exports to several allies of Israel, including the United States and Britain, following the Israeli-Arab war that year.