Pipelines
Saudi Aramco, Investors Discussing $10 Billion Pipeline Deal — Sources
DUBAI (Reuters) — Saudi Aramco is in talks with BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources said.
Equitrans to Evaluate Mountain Valley Pipeline Cost, Timing
(Reuters) — Equitrans Midstream Corp said on Monday it will evaluate the cost and timing of the completion of the Mountain Valley natural gas pipeline based on ongoing litigation and upcoming federal approvals.
NextDecade on Track for Rio Grande Facility FID in 2021
(P&GJ) — U.S. liquefied natural gas developer NextDecade said in a press release on Thursday that the company still expects to make a final investment decision (FID) on its proposed Rio Grande LNG export facility in 2021.
US brings 5 Bcf/d of pipeline capacity online and cuts planned projects
The U.S. Energy Information Administration (EIA) reported that an estimated 5 Bcf/d of new natural gas pipeline capacity came online in the first half of 2020 due to the completion of several major pipelines.
US brings 5 Bcf/d of pipeline capacity online and cuts major planned projects
The U.S. Energy Information Administration (EIA) reported that an estimated 5 Bcf/d of new natural gas pipeline capacity came online in the first half of 2020 due to the completion of several major pipelines. While the US has seen an increase in pipeline takeaway capacity in 2020, around 8.7 Bcf/d of planned pipeline projects have been canceled.
Business Trends: Global LNG projects to compete with pipeline gas
Expanding LNG supply worldwide will continue to dominate the changing landscape of the natural gas industry and gas trade. By 2040, LNG is expected to account for more than 15% of global gas consumption, after overtaking interregional pipeline deliveries in the late 2020s.
Centurion Pipeline Announces In-Service Date for Augustus Pipeline
(P&GJ) — Centurion Pipeline has announced that the Augustus Pipeline is on schedule and expected to commence service on December 1, 2020.
Nigeria’s New Pipeline Project Is Never Done Until It Is Done
The litany of ambitious and expensive energy sector projects in Nigeria that are way behind schedule, or have yet to go through preliminary development phases, is long. The 81-mile (130-km), 48-inch (1,200-mm) Obiafu-Obri Kom-Oben (OB3) gas supply pipeline is the latest example.
Amid Challenges, Natural Gas Remains Growing Part of Energy Mix
According to S&P Global Market Intelligence, 120,498 MW of gas-fired capacity came online between 2008 and Aug. 1, 2019. Twenty percent of that was in 2018 and 2019 alone, and roughly 200 new gas plants have been proposed or are in development right now.
Environmental Partnership Releases Report, Expands to Pipeline Companies
The Environmental Partnership expanded its membership to midstream companies and released its second annual report, highlighting the industry’s progress in reducing emissions of methane and volatile organic compounds (VOCs) and working together to protect the environment.
Navigator Looks to Expand Borger Express Pipeline System
Navigator Energy Services has announced a binding open season on its Borger Express pipeline system, to provide shippers the opportunity to secure crude oil transportation services from Cushing, Oklahoma to Borger, Texas.
Pipeline politics
Pipeline politics Recent news in the pipeline sector outside of the US has mainly focused on 2 particular gas projects, one very much under construction and nearing completion, and the other still in the planning phase, possibly for a good while yet. Comprehensive details of both are to be found on..
Gas Release from Kinder Morgan Pipeline in Texas
(P&GJ) — Kinder Morgan reported a natural gas release shortly before 8:30 A.M. on Sunday from its pipeline near Goodrich, Texas in Polk County outside of Livingston.
Permian Oil Pipelines Undersubscribed Due to Market Uncertainty
The Permian Basin, which accounts for more than 40% of US crude oil production, was once riding high on the oil boom and is now struggling for a lifeline as COVID-19 slows demand and cuts prices.
Denmark Approves Nord Stream 2 Pipeline
(P&GJ) — Denmark’s energy industry announced its approval for the Nord Stream 2 pipeline to operate in Danish waters of the Baltic Sea, clearing one of the last remaining hurdles for the Russian project.
Anatomy of Frustration: Atlantic Coast and Dakota Access Pipelines
Immediately after the July 4th holiday, with COVID-19 resurging through parts of America, several indelible milestones marked the U.S. pipeline industry as another kind of scourge.
Permian Enters Uncharted Waters in Better Shape than Most Regions
With the Coronavirus crisis and its effect on upstream operations putting a damper on all segments of the midstream sector, some major projects in the Permian Basin appear to be moving forward, albeit at a slower and far more cautious pace.
Ingleside Pipeline Begins Shipping to Moda's Ingleside Energy Center
(P&GJ) — Harvest Midstream announced the successful commissioning this week of two connections between Harvest’s Ingleside Pipeline and Moda Midstream.
Mountain Valley Seeks U.S. Approval to Resume Pipeline Construction
(Reuters) - Mountain Valley Pipeline asked federal regulators for permission to resume construction on the $5.4-$5.7 billion pipeline from West Virginia to Virginia by Sept. 25.
Argentina Pitches Pipeline to Brazil for Vaca Muerta Shale Gas
BRASILIA (Reuters) — Argentina is making a new push to pitch the building of a multibillion-dollar gas pipeline from its Vaca Muerta shale gas reserves to Brazil, and is seeking financing for the project, a source at the Argentine embassy said on Monday.
Uganda, Tanzania Sign Agreement for Pipeline Construction
(P&GJ) — Tanzania and Uganda signed an agreement on Sunday paving the way for the construction of a crude oil pipeline running from Ugandan oilfields to the Tanzanian port of Tanga, a Tanzanian government spokesman said.
Enterprise Abandons Texas Pipeline Project as Oil Prices Remain Weak
(Reuters) — Enterprise Products Partners LP on Wednesday abandoned a major 450,000-barrel-per-day Permian crude pipeline project in Texas and agreed to give customers lower near-term commitments on other pipelines as oil prices remain stagnant.
San Mateo Midstream Provides Pipeline, Black River LNG Updates
(P&GJ) — San Mateo Midstream has announced updates on several pipeline construction projects as well as the completion of is expansion of the Black River LNG plant in Eddy County, New Mexico.
A Little Good News from Back East
The pipeline industry in the U.S. Northeast finally got some positive news on the permitting front, when New Jersey Natural Gas (NJNG) received the go-ahead to move forward with construction work on a controversial 30-mile (48-km) section of the Southern Reliability Link (SRL) pipeline in New Jersey.
Oil firms ready to pick up the infrastructure divestment pace
Pipelines, storage facilities and processing plants could replace non-advantaged production as prime candidates Oil and gas producing firms create the most value by exploring for, developing and producing hydrocarbons. Internal rates of return (IRRs) far in excess of 20pc are the norm for successful upstream projects.
End of an Era? Series of Setbacks Bode ill for Big Pipeline Projects
WASHINGTON/NEW YORK — A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.
Caution creeps into investors’ oil and gas infrastructure appetite
The US downturn and the inexorable rise of ESG concerns are clouds on the horizon even for traditionally low-risk energy investments Infrastructure assets have remained relatively immune to the negative sentiment from investors towards fossil fuels—good news for IOCs looking to sell off non-core pipelines, processing plants and storage tanks to generate cash. But this immunity may be waning. Investors like the steady source of revenue from these assets, which help to diversify their investment portfolios and can provide some protection from low oil prices.
Developers Cancel Long-Delayed Atlantic Coast Pipeline
RICHMOND, Va. (AP) — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.
Equinor Plans UK Project to Produce Hydrogen from Natural Gas
Equinor is leading a project to build a plant in Britain that will produce hydrogen from natural gas in combination with carbon capture and storage, with pipelines to transport hydrogen for use by multiple industry and power customers.
Tallgrass Energy Cheyenne Connector Pipeline Enters Service
(P&GJ) — Tallgrass Energy announced that both the Cheyenne Connector pipeline and the Rockies Express Pipeline (REX) Cheyenne Hub Enhancement Project will commence commercial service effective June 26, 2020, having obtained approval from the Federal Energy Regulatory Commission on June 24, 2020.
