ONEOK's Q3 profit rises on the back of strong demand and a narrower annual forecast
Pipeline operator ONEOK announced a 52.6% increase in its third-quarter profits on Tuesday. This was largely due to higher demand for natural gas in the Rocky Mountain Region, as well as higher…
Italy's largest insurance company expands its oil and gas exclusion list
Generali, an Italian insurer, will not provide new insurance to companies that are involved in the transportation, processing, and distribution of oil and gas if their energy transition plans are inadequate…
The price of gas in Europe is rising on the back of hurricane fears
The wholesale gas prices of the Netherlands and Britain increased on Wednesday morning, as the storm in the United States intensified into a hurricane. This posed a threat to the liquefied gas (LNG)…
Hydrogen at Risk of Being Missed Opportunity, According to DNV Report
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV.In Hydrogen Forecast to 2050…
Gassco Urges to Boost Barents Sea Gas Export
Norwegian state-owned natural gas pipelines operator Gassco published a study saying that it could be profitable to increase the transport capacity for gas.According to the study regarding…
TC Energy: Order Blocking Keystone XL Pipeline Lifted
TC Energy Corp's long-delayed Keystone XL oil pipeline took a small step forward this week, after a U.S. court overturned an injunction that barred certain work on the project, the company said.The company…
Enterprise Products to Build GoM Crude Terminal
Enterprise Products Partners LP said on Wednesday it expects to take about two years to construct its oil export project called Sea Port Oil Terminal, or SPOT, in the U.S. Gulf of Mexico.Permitting…
Permian Midstream Bottlenecks May Choke Output
Rapidly rising production in the Permian basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams…
Saudi Aramco to Buy LNG from US
Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The…
Natural Gas Consumption Up 10% in China
According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report.The growing…
Petrobras Nears Terms Over TAG Pipeline Sale
Brazil’s state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the Transportadora Associada de Gás (TAG) pipeline…
TransCanada Urges U.S. to Help Gas Pipeline Approvals
The United States should help the natural gas industry overcome environmental challenges to new pipeline projects by adjusting regulations or adopting new laws favoring infrastructure, an executive…
Marathon Creates Top U.S. Refiner with Andeavor Acquisition
Marathon paying $152/share to create biggest independent refiner; Andeavor assets include pipelines, refineries, gas stations. Marathon Petroleum Corp said on Monday it would buy rival Andeavor for more than $23 billion…
Keystone XL Operator TransCanada's Profit Rises 14 pct
Canadian pipeline operator TransCanada Corp reported a 14 percent rise in first-quarter profit on Friday, helped by booming use of its oil and natural gas pipelines in the United States. Canada's oil output hit a record last year…
TransCanada Profit Beats Street
Canada's No. 2 pipeline operator, TransCanada Corp, reported a better-than-expected quarterly profit, helped by higher earning from its U.S. and Mexican natural gas pipelines business. Earnings from its U.S.
Noble to Sell 50% Stake in Cone Gathering
U.S. oil and gas producer Noble Energy Inc said on Thursday it would sell its 50 percent stake in privately held Cone Gathering LLC along with 21.7 million units to Quantum Energy Partners for $765 million in cash.
TransCanada Beats Street on U.S. Pipeline Performance
TransCanada Corp , Canada's No.2 pipeline operator, reported a better-than-expected profit on Friday, helped by strength in its U.S. natural gas pipelines and liquids pipelines units. Revenue from the company's U.S.
TransCanada Mulls final Keystone XL Decision
TransCanada Corp , Canada's No.2 pipeline operator, will make a final investment decision on its Keystone XL project by December, the company said on Friday as it reported a better-than-expected profit.
TransCanada Revenue Tops Estimates
TransCanada Corp reported better-than-expected quarterly revenue on Thursday, helped by performance in the company's U.S. natural gas pipelines. Revenue from the company's U.S. natural gas…
Port Corpus Christi to benefit from LNG partnership with China
Port Corpus Christi officials are confident that the agreement signed between Cheniere Energy of Houston and China National Petroleum Corporation (CNPC) will bring increased traffic to the port…
