"The construction of a sufficiently big hydrogen-ready gas pipeline across the Pyrenees to be operative by 2025 is of paramount importance in order to achieve a truly robust internal energy market within the EU," Spain and Germany said in an action plan published on Oct. 5.
Located south of Waverly, Illinois, the pipeline fire occurred on Oct. 3 and was allowed to safely burn out with no injuries reported, according to a statement by the Jacksonville-Morgan County Office of Emergency Management.
The Western Midstream deal marks the third such agreement between Occidental and a midstream counterparty while also expanding Oxy’s carbon capture opportunity set into new shale basins, analysts with Tudor, Pickering, Holt & Co. noted.
The Nord Stream outages “will inevitably affect Europe’s gas supply this winter,” Rystad Energy analyst Emily McClain said in a note to clients. “But even more concerning is the impact on gas storage inventories ahead of next winter.”
The fire was allowed to safely burn out and no injuries were reported, the Jacksonville-Morgan County Office of Emergency Management agency said.
Speaking at Hart Energy’s America’s Natural Gas Conference, East Daley analyst Zach Van Everen predicts gas markets will be oversupplied in the short term but believes exports will eventually drive production for decades.
Enbridge President and CEO Al Monaco, who led the Canadian pipeline giant since 2012, will stay on in an advisory role after his retirement early next year.
Although the Norwegian government has said it was not aware of any specific threats to oil and gas infrastructure, it still found it prudent to beef up security and sought to calm concerns among workers.
Charif Souki was the first to new-build a U.S. LNG import plant this century. He followed with the first Lower 48 LNG export plant. His thoughts on this 2022 chapter of the global natural gas story include “misery” and “nervous” and “total nonsense.”
The EPA this month revoked the pollution control permit for Phillips 66’s Bluewater terminal and directed the oil refiner and pipeline operator to submit a revised proposal.