Gregory
Morris
Contributor
Shell Begins Operations at Polymers Plant in Pennsylvania
Shell's Pennsylvania-based polyethylene manufacturing plant will help accelerate its net-zero emissions targets while providing at least 600 jobs to the northeastern U.S. area.
Suspected Drone Hits Oil Depot in Russia’s Oryol, Officials Say
Unverified images on social media showed what appeared to be a single rupture on the side of an oil storage tank in the Russian region of Oryol, blackened by soot.
Germany Completes Floating LNG Terminal, More to Come
“The new LNG landing place is a big step towards a secure energy supply,” said Germany’s Lower Saxony state economy minister Olaf Lies in a statement.
US Regulator Releases Report Blaming Freeport LNG Blast on Inadequate Processes
The PHMSA issued the report after Freeport LNG disclosed earlier in the day a summary of the consultant’s review. PHMSA said it accepted the redacted report but would later make its own determination on what to exclude.
Oil Prices Settle Higher on Druzhba Oil Pipeline Disruption
Russia’s state-owned pipeline monopoly Transneft has been notified by Ukraine of the pipeline disruption, the RIA news agency quoted Transneft as saying on Nov. 15.
Midstream Takeaway: More Permian Pipelines
The current round of pipeline expansions means more capacity and consolidation in the Permian Basin.
Freeport LNG to Miss Restart Target for Fire-Damaged Texas Export Plant
Freeport LNG’s November target “is not credible, nor is a December restart,” said Rapidan Energy Group consultant Alex Munton in a note. He puts a resumption of gas processing in the first quarter of next year “with longer delays possible.”
US Natgas Futures Pare Gains on Texas Freeport LNG Delay Rumors
Analysts at investment bank Goldman Sachs, energy consulting firm Gelber & Associates and others have said that lack of a request to resume service likely means the 2.1 Bcf/d Freeport LNG export plant will not return until December.
Permitting, Infrastructure Woes Block Paths to Net Zero
Williams Cos. CEO Alan Armstrong and other energy leaders are calling for permitting reform that impacts not only natural gas pipelines and infrastructure but also renewables infrastructure.
Citgo Petroleum Reports $477 Million Third Quarter Profit
In the third quarter of 2022, Citgo Petroleum's three refineries processed a combined total of 780,000 bbl/d and exported 196,000 bbl/d of refined products.