Williams Acquires Deepwater Gas Pipeline
Williams, the provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks, acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant.The 16-inch-diameter Norphlet…
Offshore Cape Three Points Begins Gas Delivery to Ghana
Vitol said that the Offshore Cape Three Points (OCTP) integrated oil and gas project offshore Ghana has commenced delivery of gas from the Sankofa field to Ghana National Petroleum Corporation (GNPC).Both Vitol and GNPC are partners in the OCTP project alongside operator Eni. The offshore project…
New FSRU Concept Stems from ABS, HHIC Project
ABS partners with HHIC to advance safety and set standards in new FSRU design concept. Working with Hanjin Heavy Industries and Construction Co., Ltd. (HHIC) as it completed a new Floating Storage and Regasification Unit (FSRU) design concept, ABS provided safety guidance and advice on regulatory compliance throughout concept development.
New Cutmaster 60i Plasma Cutter
Thermal Dynamics, an ESAB brand, announced that its new Cutmaster 60i handheld air plasma cutting system is now available for purchase through traditional and online welding distribution outlets. Cutmaster 60i weighs 37 lbs. and provides a rated output of 7.6 kW at 50 percent duty cycle at 60A. It produces a recommended cut of 5/8 in.…
Partners Spur Renewable Electricity Integration
Hydrogen addition from renewable sources to natural gas supports the decarbonization of the natural gas system and integration of sustainable energy sources. However, the properties of hydrogen differ significantly from those of natural gas, and its introduction into the gas infrastructure may negatively impact public safety…
Oversupplied Japanese LNG Players to Sell off Excess Volumes
Asian spot LNG prices extended losses this week as oversupplied Japanese utilities sought to offload cargoes and as key European gas benchmarks softened. Asian prices for LNG delivery in March fell 25 cents to about $7.75 per million British thermal units (mmBtu), traders said, ranging from $8/mmBtu to about $7.60/mmBtu.
Britain's First U.S. Shale Gas Arrives in Scotland
Britain's first shale gas delivery from the United States sailed into a heated European political debate on fracking on Tuesday and immediately ran into its first practical problem - the Scottish weather. The huge "Ineos Insight" tanker had entered the Firth of Forth at sunrise, a lone Scots piper playing on its bow…
Prompt Prices Jump on Norwegian Outages
British prompt gas prices jumped on Thursday after gas production in Norway was hit by unexpected outages at its key gas processing plant and several fields. Gas for immediate delivery rose 1.48 pence or 5.01 percent to 31.03 pence per therm by 1234 GMT, while day-ahead contract gained 1.4 pence or 4.7 percent to 31.00 pence/therm.
UK GAS-Prices Surge on Oil Rally
British gas prices rose on Friday afternoon, reversing earlier losses as oil prices rallied on hopes a global supply glut may be easing, and an outage at Norway's Skarv field was extended. The contract for gas delivery in June had jumped by almost 5 percent to 29.39 pence/therm by 1545 GMT, while…
UK GAS-Higher Forecast Demand Supports Price
Recent oil gains also support prices; high imports curtail storage withdrawals. British gas prices rose on Wednesday in line with higher demand due to a forecast dip in temperatures and higher crude oil prices in the previous session, trade sources said. Gas for immediate delivery rose 0.30 pence or 1.02 percent to 29.80 pence per therm by 0903 GMT…
Woodside: Green light for NWS project
Woodside, as Operator of the North West Shelf (NWS) Project, advises that the project participants have approved the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia. The GWF-2 Project will develop 1.6 trillion cubic feet of raw gas (2P 100% project basis) from the combined Keast…
Beach Begins Gas Supply to Origin Energy
Long term gas sales agreement with Origin Energy Retail Limited (“Origin”) has been initiated for delivery of up to 139 PJ of sales gas over an initial eight year term Beach Energy Limited is transitioning to separate lifting and marketing of its equity share of sales gas from the SACB and SWQ JVs.
UK GAS-Prices Up, Output Cuts Hit Dutch Imports
Gas network undersupplied by 16.6 mcm/day; potential new Groningen cuts reduce Dutch imports. British spot gas prices rose for a second day on Tuesday as Norwegian and Dutch imports declined, while potentially deeper production cuts at Europe's biggest gas field, Groningen, tightened supply outlooks.
Gazprom: No Gas Exports via Ukraine after 2019
Russia's Gazprom has reaffirmed plans to cut off gas transiting Ukraine to western Europe in 2019 and urged the European Union to speed up a decision on Russian gas delivery routes to ensure it receives supplies after that time. Moscow wants to bypass Ukraine in its shipments of gas to Europe due to a succession of pricing rows.
Alaska LNG Gets Conditional Approval to Export
The Alaska LNG project marks another significant milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries. The application to export up to 20…
Alaska LNG Approved for Non-free Trade Agreement Exports
The Alaska LNG project marks another milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries. The application to export up to 20 million metric…
Fortis Delivers 1Q 2015 Earnings of $198 mi
The first quarter results of Fortis Inc.released today indicate that the company is positioned for a strong 2015 performance. In this regards Barry Perry, President and Chief Executive Officer, Fortis stated, "The $900 million, 335 megawatt Waneta Expansion hydroelectric generating facility in British Columbia came online early April…
Gazprom, Lukoil Talk on Increasing Cooperation
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL and addressed vital cooperation issues. The parties discussed the issues of cooperation while arranging the processing of associated…
Russia – Turkey Gas Pipeline Approved
Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources. The parties discussed the main issues of constructing a new gas pipeline across the Black Sea towards Turkey. The meeting considered…
Russia & China Agree on Gas Supplies
As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping. Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping…