The Latest
Liquefied Natural Gas (LNG)
Tellurian Signs Deal to Sell LNG from Louisiana Project to Shell
The Shell agreements mark the third deal Tellurian has finalized in 10 weeks, totaling 9 mtpa, which Tellurian said is nearly all the capacity of the proposed 27.5-mtpa Driftwood LNG export facility’s first two plants.
Crude Oil
Enterprise Oil Pipeline Volumes Rise on Demand Recovery
Strong prices and lower inventories at the Cushing oil storage hub in Oklahoma are signaling that volume needs to stay in the U.S. at least for now, co-CEO A. J. Teague added during the company’s post-earnings call.
Company Profiles
Oil and Gas Investor: Water Management Special Section
For an industry less than a decade into its development, water management has emerged as a crucial component of upstream oil and gas development.
Public Capital
Experts: Midstream M&A Primed to Take Off
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Public Capital
Inter Pipeline Walks Away from Pembina Deal for Brookfield Bid
The move comes after a five-month-long bitter bidding war between Brookfield Infrastructure Partners and Pembina Pipeline for Canadian pipeline operator Inter Pipeline.
Pipelines
Enbridge US TETCO Natgas Pipe Prepares to Return to Full Service
Enbridge Inc.'s Texas Eastern Transmission (TETCO) unit said on July 26 it provided all the information federal safety regulators requested and is preparing to increase pressure in its Pennsylvania to Mississippi pipeline as soon regulators approve.
Infrastructure
Energy Transfer Says Addressed Most DAPL Safety Issues Raised by PHMSA
PHMSA on July 22 put Energy Transfer on notice for the probable violations pertaining to the operation of the Dakota Access Pipeline and proposed a civil penalty against it.
Natural Gas
Op-ed: US Natural Gas Prices at Multiyear Highs Will Protect Stocks
In the short term, higher gas prices will encourage power generators to run gas-fired turbines for fewer hours over the next few months, running coal-fired units instead, to reduce gas combustion.
International
Merkel Defends US Nord Stream 2 Deal as Ukraine Cries Foul
German Chancellor Angela Merkel on July 22 defended a deal with the United States that allows the Nord Stream 2 gas pipeline to proceed as a pragmatic compromise, but Ukraine said the agreement was too weak to ensure Russia behaves the way Kyiv and the West want.
Infrastructure
US Regulator Issues Notice to Dakota Access Pipeline over Safety Concerns
The PHMSA recommended a civil penalty of $93,200 against Energy Transfer, operator of the Dakota Access Pipeline, for the violations and said failure to correct the issues may result in further enforcement action.