A recent open season for short-term natural gas capacity on the Alliance Pipeline was “nearly three times oversubscribed,” and the system is now fully contracted for 2022, according to Pembina Pipeline Corp. CEO Michael Dilger discussed third quarter results during a recent earnings conference call and offered some insight into 2022 expectations. Alliance over the…
Tag / Gulf Coast
SubscribeGulf Coast
Articles from Gulf Coast
Altus, EagleClaw Tie-Up to Control 2 Bcf of Natural Gas Transport from Permian to Gulf Coast
Permian Basin-to-Gulf Coast pipeline giant Altus Midstream Co. has agreed to merge with fellow West Texas operator BCP Raptor Holdco LP in an estimated $9 billion transaction. The combination would operate 2 Bcf/day of cryogenic natural gas processing facilities in the Permian Delaware sub-basin of West Texas, with more than 850,000 acres under fee-based, long-term…
Tropical Storm Nicholas Shuts Down Freeport LNG, Threatens Other U.S. Export Terminals — LNG Recap
Tropical Storm Nicholas, which moved onshore Texas early Tuesday, has temporarily shut down the Freeport liquefied natural gas (LNG) terminal south of Houston, and is projected to sweep over all of the Gulf Coast’s major export facilities in the coming days. The storm’s turn toward Louisiana may threaten exports at a time when the global…
Stabilis Targeting First Gulf Coast LNG Fueling Event for Later This Year
Small-scale liquefied natural gas (LNG) supplier Stabilis Solutions Inc. expects its first marine fueling events on the Gulf Coast to happen later this year after recently adding several projects to its portfolio. CEO James Reddinger said last week the company is poised to benefit from expected growth in the bunkering sector as vessel owners move…
Oil, Natural Gas Rig Tallies Rise as Baker’s U.S. Count Climbs to 484
Amid a ramp-up in both oil- and natural gas-directed drilling, the United States added five rigs to raise its tally to 484 during the week ended Friday (July 16), according to the latest count from Baker Hughes Co. (BKR). Three natural gas-directed rigs and two oil-directed rigs were added domestically during the week. The U.S.…
Talos Diving into Carbon Capture Opportunities in U.S. Offshore
Houston-based Talos Energy Inc. is diving into carbon capture and storage (CCS) opportunities along the Gulf Coast and offshore with UK expert Storegga Geotechnologies Ltd. Through the joint venture (JV), the partners plan to “source, evaluate and develop” CCS opportunities on the coast and in the Gulf of Mexico (GOM) offshore Alabama, Louisiana, Mississippi and…
NOAA Forecasting Strong Chance for Another Stormy Atlantic Hurricane Season
Another above-normal Atlantic hurricane season is predicted this year, with 13-20 named storms, but experts do not anticipate the historic level of activity seen last year. The Climate Prediction Center (CPC) of the National Oceanic and Atmospheric Administration (NOAA) on Thursday said there was a 60% chance of an above-normal season, a 30% chance of…
Corpus Christi Port Partnering with Ares on Green Hydrogen Project
The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU) announced earlier this week, the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential…
Enbridge Sees ‘Renewed Interest’ in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade
Canadian pipeline giant Enbridge Inc. said Friday it was seeing an uptick in interest for crude and liquefied natural gas (LNG) exports from the U.S. Gulf Coast amid an anticipated global economic recovery from the Covid-19 pandemic. “Our solid regional footprint and premier North American integrated pipeline networks are ideally positioned to capitalize on these…
U.S. Coast Guard Calls Off Seacor Search in Gulf of Mexico
The U.S. Coast Guard (USCG) is suspending its search and rescue efforts for eight people still missing after a Seacor Marine-owned liftboat capsized off Louisiana last week. “This does not mean the case is closed,” Capt. Will E. Watson, sector commander in New Orleans, said Monday during a press conference. “At any time, we might…