Natural Gas Pipeline

The Iran war's natural gas price shock could accelerate Europe's decoupling with Russian energy while pushing the continent further into U.S. arms. Last week, an Iranian attack forced QatarEnergy to stop production, forcing the second largest liquefied gas exporter in the world. European benchmark gas prices soared by almost 50%. The European benchmark gas prices soared by nearly 50% as a result of the Iranian attack that forced?QatarEnergy, the world's second-largest liquefied natural gas exporter, to halt production last week. Qatar will only supply 4% of the gas imported by the European Union in 2025 according to the European Council....

Frontera Energy has accepted a $525m offer from Canada's Parex Resources to purchase its Colombian exploration and production assets on Tuesday, beating out a competing bid from GeoPark. The amount is more than Parex's previous offer on February 23, which was $500 million. It covers 17 exploration and production block in Colombia including the Quifa field and the Cubiro Block. *?Parex stated that the combined portfolios would create the largest independent energy company focused on Colombia. *?GeoPark refused?Monday? to increase its $325-million offer. It will receive its $75 million deposit, plus interest, and a $25,000,000 termination payment. Frontera, Colombia's largest...

A North Dakota judge finalized on Friday a $345-million judgment against Greenpeace, in a suit filed by Energy Transfer in response to the environmental group's protests against the Dakota Access Pipeline. The final judgement?by?Judge James Gion is in line with his decision in October in which he reduced by almost half the damages award of $667 million awarded to Energy Transfer in March. Greenpeace said in a press release that it would request a new trial, and if needed, appeal the ruling to the North Dakota Supreme Court. It called the lawsuit "a blatant effort to silence free expression." In...

U.S. spot gas prices at the Waha Hub, in 'the Permian Shale' in West Texas, closed Monday in negative territory. This is the 12th consecutive time that the price has been in negative territory. Pipeline constraints have trapped?gas within the nation’s largest oil-producing basin. Some?energy companies are forced to pay other firms to take the gas produced by their?oil? production. Analysts have said for years that negative gas prices are a sign that the Permian Region, which includes West Texas and Eastern New Mexico, requires more pipelines. There will be more pipes later this year but not fast enough to...

Edison CEO Nicola Monti stated on Wednesday that the French 'nuclear' group EDF may revise - or - even - halt – its plan to reopen up the capital in its Italian subsidiary Edison depending on changes being drafted by Italian regulators. Monti, in a press conference, told reporters that depending on the outcome of the decree it could change the outlook on our business plan. It might even affect the possibility of opening the capital to third parties. EDF is working with Intesa, Sanpaolo & Lazard on the sale of a minority stake in its subsidiary via an initial...

Williams Companies, a U.S.-based pipeline operator, forecasted Tuesday that its 2026 profits would be above analyst expectations due to the growth of new 'pipeline and off-shore projects and the continued rise in natural gas demand. Williams shares rose 2.8% during morning trading after it increased its dividends by 5%, to $2.10 for each share in 2026. The demand for natural gas is expected to increase this year due to the increasing electricity consumption of households, businesses, and data centers, fueled by AI. This will reinforce pipeline operators' expectations that long-term needs for a?gas infrastructure?will continue. Williams completed 1.1 billion cubic...

Williams Companies, a U.S.-based pipeline operator, forecasted a profit in 2026 that was above analyst expectations. This is due to the fact that 'new pipelines and offshore projects are driving growth and natural gas demand continues its upward trend. Williams also increased its annual dividend of 5%, to $2.10 per share in 2026. In premarket trading, the company's stock rose by 4.6%. The rise in electricity consumption from crypto-mining and data centers powered by AI is expected to increase. natural gas demand This year, the expectation of a sustained long-term demand for gas infrastructure has grown. Williams has completed a...

The Japanese trading house Mitsubishi Corp announced on Friday that it would "take over" the U.S. assets for shale oil production and pipelines of Aethon Energy management, including its debts. The deal, which is?the largest?acquisition by Mitsubishi to date - will give the company an extensive natural gas operation near the U.S. Gulf Coast and the energy export infrastructure being developed there. The company stated that the transaction included $5.2 billion for Aethon equity interests, and $2.33 billion of net interest-bearing loans. This is a 'latest example of Japan investing into the U.S. Energy Sector after Tokyo positioned Gas?as key...

Energy Transfer, a pipeline company, said that it expects to invest $5.0 billion to $5.5 billion of growth capital by 2026. This will be primarily for projects that enhance its natural gas distribution network. The company anticipates that'several projects will ramp up or come online in 2026. These include the 'Nederland flexport NGL expansion and the Mustang Draw I & Mustang Draw II processing plants in the Permian Basin as well as the natural gas pipeline project serving data centers in Texas. Energy Transfer announced last month that it would increase its Transwestern pipeline's expansion project to the Desert Southwest...

The U.S. Army Corps of Engineers released a much-anticipated 'Environmental impact statement for the Dakota Access Pipeline on Friday. It recommended that the oil pipeline operations?continue... with some conditions. The EIS is a document that must be produced by the DAPL operator Energy Transfer to assess the environmental impact of federal actions. This represents a victory for Energy Transfer, and a significant step towards the end of a long-running court battle between Energy Transfer, the company, and the Native American tribes who are fighting to close the pipeline. The 'document' recommends that DAPL continue to operate, if safeguards such as...

Energy Transfer announced on Thursday that it will suspend the development of its Lake Charles liquefied natural gas export facility to allocate funds to pipeline projects. Pipeline and storage companies The company had developed the LNG facility that produces 16.5 million metric tons of LNG per year and said previously that it had sold the majority of its production to long-term customers. The facility would be given the green light to proceed if it sold at least 80% of the project to equity investors. The suspension comes amid fears of a global oversupply, as new production is brought online. Energy...

Energy Transfer, a U.S. pipeline company, has secured enough agreements to sell liquefied?gas for it to make a final investment decision about its Lake Charles LNG Project early next year. An executive stated this on Wednesday during the Energy Live conference in Houston. Energy Transfer is developing a?LNG facility in Louisiana with a capacity of 16.5 million metric tonnes per year. Last month, it said that 80% of the project would be sold to equity partners. Amy Chen Davis, vice president at Lake Charles LNG, stated that the marketing aspect of the project was the most uncertain. However, the work...

Ukraine has resumed imports of gas from a pipeline which runs from the Balkan Peninsula to Greece to keep its heating systems and electric system running throughout the winter, after extensive damage caused by intensified Russian airstrikes. In October, Russia intensified its strikes against Ukraine's gas industry, causing it to lose at least half of the country's own production and force Ukraine to import 4 billion cubic meters of additional gas to compensate. According to data from Ukrainian gas transit operator, Ukraine is expected to receive 1.1 million cubic meters (mcm), after importing 0.78 mcm Tuesday. The Transbalkan route connects...

ExPro, a consultancy firm, said that Ukraine will resume imports of gas via the Transbalkan pipe in November after a dramatic increase in Russian attacks against the country's energy and gas infrastructure. In October, Russia intensified its strikes against Ukraine's gas industry. This resulted in Kyiv losing 55% of their own production of gas and forcing them to import an extra 4 billion cubic meters of gas to keep cities warm this winter. ExPro reported that Greek DEPA Commercial and D.Trading, a subsidiary to Ukraine's largest energy company DTEK, as well as Swiss Axpo Trading have booked capacities for the...

The Ukrainian state energy company Naftogaz announced on Wednesday that it had signed a loan agreement with the European Investment Bank worth 300 million euros ($352 millions) for the purchase of gas ahead of winter heating season. Naftogaz is stepping up its efforts to secure funding for the purchase of enough gas to see Ukraine through the winter, after Russian strikes at production facilities reduced domestic output by 40%. Naftogaz agreed to invest an amount equal to the EIB's loan in renewable energy and decarbonisation initiatives as part of this agreement. "300 million euros from the EIB are substantial and...

The CEO of Srbijagas, the state-owned gas company, said that the Serbian oil company NIS, which is owned by Russian Gazprom and Gazprom in majority, had submitted a second waiver request to the U.S. on Wednesday. The sanctions may result in a crude oil supply cut for NIS. It operates one refinery in Serbia, with a capacity of 4.8 millions tons per year. This is enough to cover the majority of Serbia's needs. On January 10, the Office of Foreign Assets Control of the U.S. Treasury placed sanctions against Russia's oil industry and gave Gazprom a 45-day deadline to sell...

Russian President Vladimir Putin satisfied Slovak Prime Minister Robert Fico in the Kremlin on Sunday, Russian television speaker Pavel Zarubin said, as a contract allowing for Russian gas to transit through Ukraine nears its expiry date. Slovakia depends on gas going through Ukraine, and Fico has actually criticised Ukrainian President Volodymyr Zelenskiy for refusing to extend the contract, which expires at the end of the year. Kremlin spokesperson Dmitry Peskov later on informed the TASS news company that the talks had actually ended. He said the two leaders would not issue a joint declaration. Peskov, shown in a video posted...

The President Maia Sandu accused Gazprom on Thursday of creating an energy crisis in Moldova. She said the Russian energy giant refused to supply gas via an alternative route, if fuel stopped flowing through Ukraine by the end of the year. Since Kyiv announced that it would not renew its contract with Gazprom at the end of December, Moldova's 2.5 million residents have been preparing themselves for prolonged power outages. Russia provides Moldova with around 2 billion cubic meters of gas each year via Ukraine. This is piped to the breakaway region of Transdniestria which uses the gas to generate...

Russian gas exports through Ukraine to Europe were down more than 3% on Sunday and Monday from levels seen in current months, while nominations for gas to and from Slovakia were stable, data from Gazprom and a. pipeline operator revealed. Russian gas manufacturer Gazprom said it would send. 40.8 million cubic metres (mcm) of gas to Europe through Ukraine on. Monday, up from 40.6 mcm on Sunday however down from more than 42. mcm seen in recent months. Russia halted gas supplies to Austria's OMV in. mid-November due to a contractual conflict and a court decision. to award the Vienna-based...

The following are the top stories in the Wall Street Journal. Reuters has actually not confirmed these stories and does not vouch for their precision. - U.S. satellite television service provider DirecTV said on Thursday it had ended its contract to acquire Echostar's. satellite tv service, which includes rival Dish TV,. over a stopped working debt-exchange offer. - U.S. President-elect Donald Trump is considering picking Kevin. Warsh as his Treasury secretary with the understanding that he. could later on be chosen to lead the Federal Reserve when Jerome. Powell's term as chair ends in 2026. - U.S. President-elect Donald Trump...

Numerous oil companies consisting of Exxon Mobil and Chevron beat an appeal on Monday by customers who implicated them of conspiring with previous U.S. President Donald Trump, Russia and Saudi Arabia to cut oil production, increasing rates at the pump. In a 3-0 choice, the 9th U.S. Circuit Court of Appeals in San Francisco stated 2 dozen consumers could not pursue class action claims due to the fact that they concerned political questions and the oil-producing policies of foreign countries. The court also found an absence of proof that the oil companies violated antitrust law by conspiring to raise rates....

Czech gas transmission system operator NET4GAS has won an arbitration case against Russian group Gazprom Export over payments it was owed, the Czech business said. In a filing late on Thursday, NET4GAS said a tribunal had bought (Gazprom Export) to pay the claimed amount together with default interest and reimburse N4G for the costs of the proceedings. Gazprom and Gazprom Export did not immediately respond to a. request for remark. NET4GAS has said it was declaring 113 million euros from. Gazprom Export after the Russian carrier stopped working to make payments. under contracts following the halt in products to Europe...

President Vladimir Putin stated on Thursday that Russia aims to keep pumping gas through Ukraine to the European Union but included that Moscow could not force Kyiv to keep the transit agreement which expires at the end of this year. As for Ukraine, we are not abandoning this transit, strangely enough. Why? Since we, and Gazprom, intend to satisfy all our commitments to our consumers with whom we have long-term agreements, Putin said. There is a transit contract that ends on December 31 of this year. However if Ukraine refuses this transit, well, we can't. force it, Putin stated. Putin...

Tips that Ukrainian authorities supported by Poland lagged planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president's assistant stated on Sunday. Germany's previous intelligence chief August Hanning told Die Welt today he believed there were arrangements in between presidents of Poland and Ukraine to carry out the attack. These are completely groundless insinuations, Mieszko Pawlak, head of the global policy bureau at the office of President Andrzej Duda stated when inquired about the allegations by Polsat broadcaster, PAP newswire reported. Pawlak stated Hanning was serving when Gerhard Schroeder was German chancellor...