A consortium of ratings agencies led by BlackRock agreed to a $15.5 billion lease-and-leaseback agreement with Aramco in late 2021, allowing the investors a 49% stake in Aramco Gas Pipelines Co.
A surge in U.S. oil exports has pushed more and more barrels of crude from the Permian basin of West Texas and New Mexico to the port of Corpus Christi, the top U.S. oil export hub.
Spain and France have agreed to explore the possibility to build a pipeline to ship green hydrogen between Barcelona and Marseille.
The Vaca Muerta infrastructure plan, expected to be approved in March, aims to boost a pair of gas pipeline projects — La Carlota-Tio Pujio and Reversal del Norte —as well as build compression plants.
According to the U.S. Federal Energy Regulatory Commission, Freeport LNG asked for permission to begin introducing LNG into its Texas plant's piping system.
Germany and the European Union are seeking to shift future energy production more to renewables and to produce, import and market clean hydrogen, derived from carbon-free wind and solar power, to eliminate climate-warming gases.
Kinder Morgan is moving forward pipeline project expansions, including the Permian Highway Pipeline and Evangeline Pass, and Kim Dang will succeed longtime CEO Steve Kean, who will retain his position on the board.
According to pipeline operator Open Grid Europe, it is essential for Germany to accelerate hydrogen law revision.
Wintershall Dea takes a 5.3 billion euro hit as it shuts down all of its operations in Russia.
With steady production growth, East Daley Analytics’ basin model shows Permian gas supply reaches the upper limits of effective pipeline takeaway as soon as February 2023.