Enbridge, NextDecade Strike Pipeline Deal
Monday February 17, 2020 - Enbridge will buy Rio Bravo Pipeline Co. from NextDecade for a cash price not to exceed $25 million.
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Enbridge, NextDecade Strike Pipeline Deal
Monday, February 17, 2020 Enbridge will buy Rio Bravo Pipeline Co. from NextDecade for a cash price not to exceed $25 million.
Seaway Open Season to Run Beyond Valentine's Day
Friday, February 14, 2020 Seaway Crude Pipeline Co. LLC has extended a binding open season for a planned system capacity expansion.
Global Oversupply Equals a Tough Year for LNG Exporters
Friday, February 14, 2020 Demand is insufficient to absorb rising global supplies of this super-cold fossil fuel.
Asian Traders Get Surprise from Chinese Teapots
Friday, February 14, 2020 A sudden oil buying spree by China's independent "teapot" refiners has taken Asian traders by surprise.
McDermott Awarded Permian Storage Contract
Thursday, February 13, 2020 The award will be reflected in McDermott's 4Q 2019 backlog.
Cimic Wins Contract Extension for Chevron-run Facilities
Thursday, February 13, 2020 This photo shows the Chevron-operated Gorgon Project. PHOTO SOURCE: Chevron Australia Pty Ltd
$15B Texas LNG Project Wins DOE Authorization
Wednesday, February 12, 2020 NextDecade's Rio Grande facility will be able to export LNG to FTA and non-FTA countries.
ADNOC FSU to Become India LNG Facility
Wednesday, February 12, 2020 AG&P and ADNOC L&S executives at the signing of an agreement for the long-term charter of an FSU at AG&P's new LNG import terminal at Karaikal Port in South India. PHOTO SOURCE: Business Wire
Baton Rouge Refinery Outage Could Ease Gasoline Glut
Wednesday, February 12, 2020 A fire broke out overnight at Exxon Mobil Corp.'s Baton Rouge oil refinery in Louisiana, halting production at the fifth-biggest fuel-making plant in the U.S.
Malaysia Subsea Contract Goes to Cortez
Tuesday, February 11, 2020 This photo shows Cortez Subsea personnel preparing equipment for work on a trailblazing offshore Malaysia project. PHOTO SOURCE: Cortez Subsea
New Fortress Energy Signs LNG Supply Deal
Tuesday, February 11, 2020 The company is taking advantage of the dislocation in global LNG markets and securing 10 years of offtake.
Eni to Charter New LNG-fueled Tankers
Tuesday, February 11, 2020 Knutsen NYK Offshore Tankers has won a contract to build two LNG-fueled shuttle tankers for Eni.
Trading Giants Seek Oil Storage at Sea as Virus Creates Glut
Monday, February 10, 2020 The industry is dealing with an oil glut that's emerged since the outbreak of the coronavirus in China.
Brookfield May be 'Dark Horse' Buyer for Trans Mountain
Monday, February 10, 2020 Any further cost overruns would make Trans Mountain an unattractive M&A candidate for existing Canadian infrastructure companies.
Frac Players Feel Pinch of Refined Products Glut
Friday, February 07, 2020 Market-watcher says downstream should exert considerable influence on frac spread activity through the first half of 2020.
China LNG Force Majeure Rejected
Friday, February 07, 2020 Two of Europe's biggest energy companies rejected a Chinese force majeure on liquefied natural gas contracts in the latest twist to a drama that's gripping global commodities markets.
UK Adds Hybrids to Planned Vehicle Sale Ban
Thursday, February 06, 2020 The U.K. Government plans to move up its ban on new ICE vehicle sales.
Noble Midstream, Greenfield Midstream Gain Saddlehorn Interest
Wednesday, February 05, 2020 The interest acquired in the Saddlehorn Pipeline is for $155 million gross.
Louisiana Cracker Plant Starts Up
Wednesday, February 05, 2020 Commercial operations have begun at Indorama Ventures' new olefins gas cracker near Lake Charles, La.
National Bank Says Pipelines About to Join ESG Trend
Wednesday, February 05, 2020 Pipeline and midstream energy companies may be about to join the sustainable investment trend.
Report Projects ICE Vehicle Growth
Wednesday, February 05, 2020 Auto market intel firm dismisses view that EVs will rapidly replace ICE vehicles.
Virus Has US Gas Exporters Fearing Production Cuts
Wednesday, February 05, 2020 Such an outcome would be a blow to the fast-expanding US LNG industry.
Shell Divests California Refinery
Tuesday, February 04, 2020 PBF acquired the Bay Area refinery and inventory for $1.2 billion.
Enterprise Products Partners Wins Court Appeal
Tuesday, February 04, 2020 The lawsuit is over a proposed pipeline project that was cancelled due to a lack of customer support.
Trudeau's Oil Pipeline Gets a Win in Court
Tuesday, February 04, 2020 The decision provided optimism that the project may proceed and send a lifeline to the country's ailing energy industry.
Trace Midstream and Gemini Midstream Combine Teams
Monday, February 03, 2020 Management will focus on the growth and expansion of the Gemini Carthage Pipeline.
Enbridge Project Clears Regulatory Hurdles
Monday, February 03, 2020 The line expansion is a major project for the Canadian oil industry, which has been hurt by a lack of pipeline capacity.
Regional LNG Finds Growing Demand off the Pipeline Grid
Friday, January 31, 2020 While massive world-scale LNG projects around the coast of North America have dominated headlines, smaller-scale regional LNG is also growing quickly.
Enbridge Says Mainline Opponents are Stalling for Time
Friday, January 31, 2020 The Mainline is Canada's largest oil pipeline network, with the capacity to ship about 2.85 million barrels a day.
Oil Traders Expect Asian Refining Cuts as Virus Bites
Thursday, January 30, 2020 Independent refiners, or teapots, are likely to be hit the hardest as they're more exposed to domestic consumption.
Stalled $1B Gas Pipeline Gets Backing From FERC
Thursday, January 30, 2020 FERC confirmed project support as PennEast prepares to take its case to the nation's highest court.
Cheniere Energy Hits LNG Milestone
Wednesday, January 29, 2020 Its 1000th cargo was exported within a four-year time period following startup, setting an industry record.
India Petchems Project Goes to Fluor
Wednesday, January 29, 2020 BPCL has awarded Fluor a project management consultancy services contract.
Chemicals Glut Drags Down Sabic Profit
Wednesday, January 29, 2020 Saudi Basic Industries expects earnings to come under further pressure this year from sluggish economic growth and an oversupply of petrochemicals.
Enbridge Mainline Contract Plan Hits Pushback
Wednesday, January 29, 2020 Enbridge Inc.'s proposal to convert its Mainline crude pipeline network to long-term contracts is hitting a fresh round of opposition.
Marcellus LNG Project to Monetize Stranded Gas
Wednesday, January 29, 2020 Edge LNG's truck-based model produces LNG and delivers it to market.
Adnoc's $15B Gas Pipeline Lures BlackRock, GIP Interest
Tuesday, January 28, 2020 Adnoc is seeking to sell as much as 49 percent of the business through a lease structure.
Trudeau's Trans Mountain Oil Pipeline Loses Support
Tuesday, January 28, 2020 The expansion would almost triple to 890,000 barrels a day the shipping capacity on the line.
FPSO Market Faces Growing Pains
Monday, January 27, 2020 Robust FPSO market growth is cause for celebration but presents significant challenges as well.
Oil-Storage Demand at Mideast Hub Prompts Brooge Expansion
Monday, January 27, 2020 The expansion would more than double the amount of crude traders could store at Fujairah, the world's second-largest refueling port.
Eni Signs Supply Deal with Nigeria LNG
Monday, January 27, 2020 Eni S.p.A. reported Monday that it has signed a long-term supply agreement with Nigeria LNG.
Global LNG Poised for Terrible Year
Friday, January 24, 2020 Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Keystone XL Takes Another Step Forward
Thursday, January 23, 2020 TC Energy Corp.'s long-delayed Keystone XL pipeline took another step forward with U.S. approval of a key stretch of construction.
Enterprise Starts Gas Processing Service at East Texas Plant
Thursday, January 23, 2020 The facility can process 200 MMcf/d of gas and extract up to 12,000 bpd of natural gas liquids.
Phillips 66 and REG Scrap Renewable Diesel Project
Wednesday, January 22, 2020 Phillips 66 and Renewable Energy Group have announced that they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington.
LNG Sector Enters Unprecedented Territory
Wednesday, January 22, 2020 The LNG industry achieved six all-time highs last year, according to IHS Markit.
Manufacturers Seek Broader FERC Pipeline Authority
Wednesday, January 22, 2020 A trade group representing US manufacturers is urging Congress to grant FERC authority to oversee the reliability of interstate gas pipeline capacity.
Nord Stream 2 Counting on Germany for EU Gas Rule Hurdle
Tuesday, January 21, 2020 Nord Stream 2's owners are looking for an appraisal that grandfathers in earlier provisions that helped make the project economic.
2020 Off to Rocky Start for Refiners
Tuesday, January 21, 2020 Though less than a month in, the new year has been difficult for oil refiners.
Egypt Pulling Back on Selling LNG Cargoes
Tuesday, January 21, 2020 The country canceled several LNG tenders in 2019 because the prices that it received didn't even match the cost of production.