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22/07/2024

South Korea's Korea Midland Power Co. has cancelled plans to build a LNG import terminal on the western coast of the country due to high costs and declining demand for the fuel.

South Korea's Korea Midland Power Co. (KOMIPO) has cancelled plans to build a LNG import terminal on the western coast of the country due to high costs and declining demand for the fuel.

22/07/2024

The U.S.' second largest LNG exporter Freeport LNG has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on Monday.

The U.S.' second largest liquefied natural gas exporter Freeport LNG has resumed shipments after shutting operations ahead of Hurricane Beryl, with...

22/07/2024

South Dakota's new bill empowers landowners to challenge forced easements for CO2 pipelines, impacting projects like Summit Carbon Solutions pipeline project.

READ MORE: https://ow.ly/358X50SGMgq

(P&GJ) — South Dakota's new bill empowers landowners to challenge forced easements for CO2 pipelines, enhancing rights amid eminent domain...

22/07/2024

BREAKING NEWS: The agreement could strengthen the United States' position as the world's largest producer of the superchilled gas by securing the completion of Tellurian's 27.6 million metric ton per annum facility in Lake Charles, Louisiana.

The agreement could strengthen the United States' position as the world's largest producer of the superchilled gas by securing the completion of Tellurian's 27.6 million metric ton per annum facility in Lake Charles, Louisiana.

22/07/2024

The current investigation of communication with OPEC officials is part of the U.S. antitrust regulator's review, the report said, adding that investigators are looking for evidence of collusion over oil market dynamics.

The current investigation of communication with OPEC officials is part of the U.S. antitrust regulator's review, the report said, adding that...

22/07/2024

A LNG tanker was docked at the Freeport LNG terminal for the first time in almost two weeks on Friday, likely signaling the resumption of exports of the superchilled gas from the second-largest LNG exporter.

A LNG tanker was docked at the Freeport LNG terminal for the first time in almost two weeks on Friday, likely signaling the resumption of exports...

22/07/2024

A semisubmersible drilling rig called Polar Lights is due to arrive at the Russian Pacific island of Sakhalin on Saturday to drill a well at a field hit by U.S. sanctions, the Russian agency for sea and river transport said.

A semisubmersible drilling rig called Polar Lights is due to arrive at the Russian Pacific island of Sakhalin on Saturday to drill a well at a...

21/07/2024

ONEOK plans to build a new 230-mile pipeline from Scott City, Kansas, to Denver International Airport, enhancing its refined products supply between the Mid-Continent and Gulf Coast.

ONEOK plans to boost its pipeline capacity by constructing a new 230-mile pipeline from Scott City, Kansas, to Denver International Airport,...

21/07/2024

The merger, which follows industry consolidation trends, will position Crescent as the second-largest operator in the Eagle Ford basin.
https://ow.ly/S3Th50SFEqX

The merger, which follows industry consolidation trends, will position Crescent as the second-largest operator in the Eagle Ford basin.

20/07/2024

Sempra has signed a fixed-price agreement with Bechtel Energy to build the second phase of the Port Arthur LNG export plant in Texas.

https://ow.ly/XtaB50SFB9I

Sempra has signed a fixed-price agreement with Bechtel Energy to build the second phase of the Port Arthur liquefied natural gas (LNG) export plant...

20/07/2024

The number of LNG tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl's landfall last week.

The number of LNG tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas...

19/07/2024

Exxon has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, an exit from a country where it used to be a dominant producer, sources said.

Exxon has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, an exit from a country where it used to be a dominant...

19/07/2024

The transaction includes all of NAM's offshore exploration and production businesses, associated pipeline infrastructure, and onshore processing in the Netherlands.

The transaction includes all of NAM's offshore exploration and production businesses, associated pipeline infrastructure, and onshore processing in...

19/07/2024

The court has reaffirmed a decision recognizing ConocoPhillips' arbitration claim against Venezuela, which could freeze the country's payments to its neighbor for joint natural gas projects.

Trinidad and Tobago's High Court has reaffirmed a decision recognizing ConocoPhillips' arbitration claim against Venezuela, which could freeze the...

19/07/2024

Despite a surge in mergers and acquisitions by international oil companies, national oil companies have significantly reduced their international spending from a decade ago, according to Wood Mackenzie.

Despite a surge in mergers and acquisitions by international oil companies, national oil companies have significantly reduced their international...

19/07/2024

The move highlights the volatile nature of the remaining Russian oil supplies to Europe via the Soviet-built Druzhba pipeline, the last major functioning Russian oil supply route to the continent.

https://ow.ly/NMov50SFBvY

The move highlights the volatile nature of the remaining Russian oil supplies to Europe via the Soviet-built Druzhba pipeline, the last major...

19/07/2024

Spain announced a new plan worth $2.5 billion to boost the country's transition to clean energy, including subsidies for green energy industries and hydrogen made from renewable power.

Spanish Prime Minister Pedro Sanchez announced a new plan worth $2.5 billion to boost the country's transition to clean energy, including subsidies...

18/07/2024

ICYMI: The tankers are the most visible aspect of a massive operation to truck oil from the semi-autonomous region of Iraq to Iran and Turkey in murky, off-the-books transactions that have boomed since an official export pipeline closed last year.

Heading for Turkey to the north and Iran to the east, hundreds of oil tankers snake each day from near Kurdistan's capital Erbil, clogging the...

18/07/2024

ICYMI: The request for additional information is likely to slow the closing of the deal. ConocoPhillips said a "conservative" estimate of when the deal will close is the fourth quarter of this year.

Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil.

18/07/2024

A federal judge has ordered the U.S. Bureau of Land Management to pause approving new permits to drill for oil and gas on nearly 120,000 acres of federal land in Wyoming.

A federal judge has ordered the U.S. Bureau of Land Management to pause approving new permits to drill for oil and gas on nearly 120,000 acres of...

18/07/2024

A natural gas pipeline in Reeves County ruptured on July 15, marking the second such incident in the area within 11 months.

18/07/2024

Kinder Morgan has launched a binding open season on its proposed South System Expansion 4 project, designed to increase Southern Natural Gas Pipeline's South Line capacity by 1.2 billion cubic feet per day.

Kinder Morgan has launched a binding open season on its proposed South System Expansion 4 project, designed to increase Southern Natural Gas...

17/07/2024

We are excited to announce that this year's Gulf Energy Information Excellence Awards have received over 20% more nominations compared to last year!

(P&GJ) — We are excited to announce that this year's Gulf Energy Information Excellence Awards have received over 20% more nominations compared to last year!

17/07/2024

BREAKING NEWS: A federal court in Alaska overturned an oil and gas lease sale mandated by the Biden administration's climate law, citing legal violations by the U.S. government.

https://ow.ly/zIIC50SEGks

A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration's signature climate law as part of a political compromise, on grounds that the U.S. government violated the law when holding the sale.

17/07/2024

A U.S. court has ordered FERC to reassess the impact of greenhouse gas and other emissions from Commonwealth LNG's Louisiana liquefied natural gas project.

A U.S. court on Tuesday ordered the Federal Energy Regulatory Commission to reassess the impact of greenhouse gas and other emissions from...

17/07/2024

Energy Transfer and fuel distributor Sunoco have formed a joint venture combining their crude oil and produced water-gathering assets in the Permian Basin.

U.S. pipeline operator Energy Transfer and fuel distributor Sunoco on Tuesday said they would form a joint venture combining their crude oil and produced water-gathering assets in the Permian Basin.

17/07/2024

Energy Transfer and fuel distributor Sunoco have formed a joint venture combining their crude oil and produced water-gathering assets in the Permian Basin.

U.S. pipeline operator Energy Transfer and fuel distributor Sunoco on Tuesday said they would form a joint venture combining their crude oil and...

17/07/2024

BREAKING NEWS: TC Energy said a free trade arbitration tribunal had tossed out its claim to recover more than $15 billion from the U.S. government for the cancellation of its Keystone XL project.

Canada's TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 billion from the U.S....

17/07/2024

DeLa Express advances its 690-mile Permian-to-Louisiana pipeline project with FERC pre-filing progress, aiming to transport natural gas from Texas to Louisiana markets.

DeLa Express advances its 690-mile Permian-to-Louisiana pipeline project with FERC pre-filing progress, aiming to transport natural gas from Texas...

17/07/2024

Chesapeake Utilities has received approval from the Florida Public Service Commission for three projects expanding natural gas infrastructure.

https://ow.ly/HRq150SCNlP

Chesapeake Utilities' subsidiary, Peninsula Pipeline Company (PPC), has received approval from the Florida Public Service Commission for three...

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