Natural Gas Pipeline

Argentina minimized its energy subsidies in the first seven months of the year by $2.7 billion, Energy Secretary Eduardo Rodriguez Chirillo stated on Thursday, as part of an objective to curb the government's fiscal deficit while likewise working to promote investment in the energy sector. The South American nation aims to advance an enthusiastic reform bundle that includes guarantees for large investments, a. new hydrocarbon law, and changes to its foreign exchange system. aimed at securing dividend repatriations for foreign investors,. all part of President Javier Milei's relocate to protect capital. Rodriguez Chirillo told business people in Houston that. Argentina...

The following are the top stories from selected Canadian papers. Reuters has actually not validated these stories and does not vouch for their precision. THE GLOBE AND MAIL - Canadian mutual fund Brookfield is thinking about moving its head office to New york city to set it as much as join a larger roster of stock indexes, as it looks for to expand the pool of potential investors in its stock. - TC Energy's C$ 1 billion ($ 736.92 million) offer to sell a minority stake in its Canadian gas pipeline system to a consortium of Native neighborhoods has been...

The Transcontinental Gas Pipe Line ( Transco) applied on Friday to the Federal Energy Regulatory Commission (FERC) for a momentary emergency situation certificate to continue running its new $1 billion gas task running through 5 midAtlantic states after the regulator's. approval was left. In July, a U.S. appeals court stated the FERC ought to have. much better evaluated the danger of considerable greenhouse gas. emissions, throwing out its approximate and capricious approval of the Regional. Energy Access Expansion Project. The temporary certificate is needed to keep Transco,. a system of Williams Cos, running its centers till the. FERC concerns an...

Canada's Pembina Pipeline said on Monday it will purchase some infrastructure properties in Alberta Montney from oil producer Veren Inc for about C$ 400. million ($ 294.9 million), to enhance its midstream. operations. WHY IT is necessary Debt consolidation in the pipeline and storage sector has been on. the increase because in 2015 as North American production grows, and. as obstacles in getting brand-new energy facilities authorized and. developed have made existing operators better. CONTEXT Pembina Gas Facilities, which is collectively owned by KKR,. will acquire four oil battery sites in the Gold Creek and Karr. locations, which have a...

Amazon.com filed a lawsuit against a U.S. Labor Board on Thursday. It accused the board of interfering illegally in a union vote at a New York City Warehouse and claimed that the agency's structural design violated the U.S. Constitution. The lawsuit filed at the federal court in San Antonio, Texas seeks to prevent the National Labor Relations Board (NLRB) from ruling on a case which could force Amazon into bargaining with the union that won an election in 2022 in the Staten Island warehouse. Last week, the labor board upheld the election results. It rejected Amazon's claim that the vote...

The Matterhorn gas pipeline in Texas was moving small amounts of gas from the Permian basin in West Texas toward the Gulf Coast, executives at U.S. energy business Permian Resources said at the Barclays CEO EnergyPower Conference earlier today. The Matterhorn is the most significant gas pipeline under building that can moving gas that has actually been caught in the Permian basin, causing costs at the Waha Center in West Texas to turn negative a record number of times this year. As more gas streams through the Matterhorn, experts and executives at Permian Resources stated Waha gas costs should more...

U.S. pipeline operator Williams Companies on Wednesday denied extending any deal to oil and gas transportation company Targa Resources, after a. report said the latter had rebuffed a takeover interest from the. former. Bloomberg News reported previously on Wednesday that the. Houston-based gas pipeline operator saw an offer from. Williams as underestimating the company and had actually rebuffed the. informal takeover interest in recent months, pointing out individuals with. understanding of the matter. To be clear, Williams has not extended any deal to Targa. Resources, nor exist any considerations to do so, a Williams. spokesperson told Reuters in an emailed...

Gas rates in the Permian shale basin in West Texas have actually turned unfavorable a record number of times in 2024, including an alltime low for Friday, as pipeline and other constraints trap gas in the country's greatest oilproducing basin. Spot gas prices for Friday at the Waha center . in West Texas>fell by about 120 %to a record low of minus $4.80. per million British thermal systems (mmBtu). That was the 21st time Waha prices balanced below absolutely no in. August and was lower than the prior record low of minus $4.76 on. Aug. 9. Waha prices initially balanced...

Liquefied gas firm NextDecade has actually withdrawn its application at the Federal Energy Regulatory Commission (FERC) for developing a carbon capture and storage (CCS) center, the company stated on Tuesday. The company had proposed the job in 2021 to lower permitted co2 emissions at Rio Grande, its LNG facility in Texas, by more than 90%. NextDecade said its subsidiary Rio Grande LNG has actually asked for the FERC to end the CCS proceeding. The CCS task at RGLNG is not sufficiently established to enable FERC review to continue at this time, stated NextDecade CEO Matt Schatzman. Earlier this month, a...

U.S. liquefied gas developer NextDecade stated on Wednesday it was checking out all readily available legal and regulatory choices to ensure the construction of the very first stage of its Rio Grande task in Texas. Earlier in August, a U.S. court had actually overturned the Federal Energy Regulatory Commission's authorization for the project, for not issuing a supplemental ecological impact declaration. NextDecade said the judicial decision would not enter into result till the court released a required, which was not anticipated to occur up until the appeals process had actually been completed. If the judgment stands, the precedent set impacts...

Energy Transfer on Wednesday raised its complete year revenue forecast after the U.S. pipeline and storage company published higher secondquarter revenue on the back of strong crude and natural gas liquids (NGL). transport volumes. The Dallas-based company has actually closed a string of acquisitions. in recent months as it looks to reinforce its NGL organization and. combine on the heels of mergers amongst its oil and gas. customers. We still feel like consolidation's going to take place in the. midstream, said co-CEO Thomas Long. Energy Transfer said it anticipates its full-year changed. incomes before interest, tax, devaluation and amortization of....

Williams Cos got the thumbs-up to continue developing its Louisiana Energy Entrance project (LEG) on Wednesday, a natural gas pipeline, after a. court threw away rival company, Energy Transfer's last bid. to stop its building. The two business have actually remained in dispute over Williams' LEG. task, under building in Texas and Louisiana, after Energy. Transfer pressed back on the line for crossing its own systems. Williams crossed the last hurdle on Wednesday, after a. beneficial ruling from the 30th Judicial Court of Vernon Parish,. Louisiana brought an end to the crossing disputes. Building can begin in earnest on the...

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...

Russian natural gas continued to transit Ukraine to European customers as typical on Wednesday, Kyiv's gas transmission operator stated in the middle of reports of clashes near the Russian town of Sudzha where Russian gas flows into Ukraine. As of 13:00 Kyiv time (1000 GMT), gas is being transported to European consumers as normal, with no modifications. Nominations have actually been confirmed and the physical flow of gas is maintained, the operator informed Reuters. Russia's Gazprom said it would send out 39.4 million cubic metres (mcm) of gas to Europe via Ukraine on Wednesday, down from 42.4 mcm on Tuesday....

Ukraine's biggest state energy business Naftogaz is preparing to increase its gas and oil production this year in spite of a consistent threat of Russian bombardments, its CEO stated on Monday. CEO Oleksiy Chernyshov stated that Naftogaz prepares to produce 15 billion cubic metres of natural gas and 2 million tonnes of oil in 2024. In 2023, the company's gas production amounted to 14 bcm of gas Chernyshov said that Naftogaz's assets, which include gas. storage, oil and gas production centers and circulation networks, and other facilities were under constant hazard of Russian barrages as the war nears its 29th...