Belarus President’s Warning of Cutting Gas Flows to Europe Causes New Concern
Belarusian President Alexander Lukashenko’s remarks raised new concerns about the supply squeeze and high prices in Europe as the Yamal-Europe pipeline that carries Russian natural gas to Germany passes through Belarus.
Chevron to Address Carbon Capture Shortfall at Australia LNG Project
Chevron said in a statement that it would invest AU$40 million in “lower carbon projects” and would buy and surrender 5.23 million greenhouse-gas offsets to fulfill obligations of the Australian LNG project.
TC Energy Forms Partnership to Build Hydrogen Modular Production Hubs
TC Energy’s latest partnership will prioritize the development of facilities near existing and potential customer demand with a goal to produce up to 20 tonnes of hydrogen per hub per day.
White House: US is Not Considering Shutting Down Enbridge Pipeline
Line 5 is at the center of a long-running environmental dispute between Calgary, Alberta-based Enbridge and the state of Michigan that has embroiled the Canadian and U.S. governments.
Stall No Longer: US LNG Export Projects Urgently Need to Be Funded and Built
Cut off from capital, these projects are needed in a world at risk of stumbling badly through the energy transition.
Southwest Gas Asks Shareholders to Reject Carl Icahn’s Tender Offer
Icahn had made a bid to gain control of the company’s board after Southwest adopted a shareholder rights plan to thwart a push by the investor to abandon a $2 billion deal to buy Questar Pipelines.
Brazos Midstream Acquires Permian Gas Gathering Systems from Diamondback Energy
Brazos Midstream recently completed two transactions with Diamondback Energy and its midstream affiliate, which included Brazos’ first acquisition on the Midland Basin said of the Permian.
Russian Gas Flows Resume to Europe, Easing Fears
Russia provides a third of Europe’s gas and its supply intentions are critical at a time when a surge in spot prices has hit households and businesses alike in Europe.
As LNG Prices Surge, North American Project Development Languishes
Spending on new LNG projects in the U.S. halted in 2020, as low prices from coronavirus-induced demand destruction caused buyers to back away from signing long-term supply contracts.
TC Energy Unveils $800 Million Expansion Project in Midwest US
The WR Project is expected to be brought in service in the fourth quarter of 2025.