Pipeline

BP Agrees to $4B-Plus Deal for U.S. RNG Giant Archaea

BP Agrees to $4B-Plus Deal for U.S. RNG Giant Archaea

To expand and accelerate its bioenergy business, BP plc on Monday agreed to acquire Archaea Energy Inc., a leading U.S. renewable natural gas (RNG) producer. The acquisition, subject to Archaea shareholder approval, would be for $3.3 billion in cash and close to $800 million in debt.  Bioenergy is one of the five strategic transition growth…

October 17, 2022
North American Natural Gas Exports Set to Rise by 46% as Mexican Projects Advance

North American Natural Gas Exports Set to Rise by 46% as Mexican Projects Advance

Mexico is unlikely to substantially increase its natural gas production over the next five to six years, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH). In its latest “prospectiva” or outlook for oil and natural gas output, the regulator modeled high, low and medium production growth scenarios for each hydrocarbon. The high case scenario…

October 10, 2022
DT Midstream Doubling Millennium Natural Gas Pipeline Stake for $552M

DT Midstream Doubling Millennium Natural Gas Pipeline Stake for $552M

DT Midstream Inc. (DTM) has inked a deal to acquire an additional 26.25% stake in the Millennium Pipeline Co. LLC., a natural gas system, for about $552 million.  The 263-mile conduit, which entered service in 2008, delivers natural gas from the Marcellus and Utica shales to utility and power plant markets across New York and…

September 30, 2022
Permian Basin Boom Widening Waha Natural Gas Price Difference to Henry Hub

Permian Basin Boom Widening Waha Natural Gas Price Difference to Henry Hub

Natural gas prices at the Waha pricing point in West Texas continue to offer an attractive long-term option for offtakers, according to an analysis from the U.S. Energy Information Administration (EIA). Since late 2021, the difference “has been widening” between the natural gas price at Waha and the Henry Hub benchmark in Louisiana, researchers said.…

September 23, 2022
Fatal Tetco Incident in 2019 Said Combination of Pipeline Defect, Degraded System

Fatal Tetco Incident in 2019 Said Combination of Pipeline Defect, Degraded System

A manufacturing defect, a degraded coating and an ineffective corrosion prevention system contributed to a fatal explosion and fire on Enbridge Inc.’s Texas Eastern Transmission (Tetco) natural gas pipeline near Danville, KY, the National Transportation Safety Board (NTSB) said Wednesday. The August 2019 Tetco Line 15 rupture and subsequent fire caused one death and sent…

September 16, 2022
U.S. Court Upholds Canada Lifeline for Enbridge Line 5

U.S. Court Upholds Canada Lifeline for Enbridge Line 5

The Canadian government has rescued Enbridge Inc.’s 540,000 b/d oil Line 5 from a Wisconsin tribe’s lawsuit by invoking its 1977 Pipeline Transit Treaty with the United States, a U.S. court has confirmed. U.S. District Court Judge William Conley of the Western District of Wisconsin on Thursday rejected a demand by the Lake Superior Chippewa…

September 9, 2022
Montney NGL System OK’d in Split Decision by Canada Regulators

Montney NGL System OK’d in Split Decision by Canada Regulators

The NEBC Connector, which would move around 98,000 b/d of Montney Shale liquid byproducts, has cleared a court hurdle erected last year that stiffened protection of Indigenous territory in northeastern British Columbia (BC). NorthRiver Midstream NEBC Connector GP Inc., a subsidiary of Brookfield Infrastructure LP, was seeking approval by the Canada Energy Regulator (CER) to…

September 2, 2022
Oman Aiming to Boost LNG Output as Asian Sales Grow

Oman Aiming to Boost LNG Output as Asian Sales Grow

Oman and Iran have agreed to revive an offshore pipeline project that would see Iranian natural gas exported via Oman’s LNG facilities, which have been working to boost capacity amid strong global demand. The agreement followed a meeting earlier this summer between Iranian oil minister Javad Owji and Omani energy minister Mohammed al-Rumhy in Muscat.  …

August 16, 2022
Energy Transfer Affiliates Convicted of Environmental Crimes for Pennsylvania Pipeline Incidents

Energy Transfer Affiliates Convicted of Environmental Crimes for Pennsylvania Pipeline Incidents

Energy Transfer LP (ET) affiliates have reached a plea deal and accepted criminal charges related to the Mariner East 2 (ME2) and Revolution pipeline projects in Pennsylvania, resolving cases brought by state Attorney General (AG) Josh Shapiro since last year. ET affiliates pleaded no contest to 23 counts against both pipelines without admitting guilt. Another…

August 8, 2022
Amid Robust Natural Gas Demand, Targa Further Ramps Up Permian Expansion

Amid Robust Natural Gas Demand, Targa Further Ramps Up Permian Expansion

Targa Resources Corp. plans to build a 275 MMcf/d natural gas processing plant in the Permian Basin, adding to a spate of projects in the prolific region aimed at meeting mounting demand — both domestically and globally. The Houston-based company is eyeing additional future projects in West Texas as well, executives said during the second…

August 8, 2022
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