Pietro D
Pitts
Hart Energy
Freeport LNG Texas Terminal Outage Hurts Europe, May Help African Exporters
Some 75% of Freeport LNG’s feed gas, or 1.47 Bcf/d, relies on Boardwalk Pipeline’s Gulf South Pipeline, with a unit of BP Plc supplying roughly half of that capacity, according to consultancy East Daley Capital.
Europe Edges Out Asia as Top Destination for US LNG
More than half of U.S. LNG exports went to Europe in April as the continent continued to replace its gas supply from Russia. Top destinations included France, Spain, the U.K. and the Netherlands with Poland surpassing South Korea.
Argentina Signs Deal with Tenaris to Move Gas from Vaca Muerta
Energia Argentina and Tenaris signed a contract to complete a pipeline that will transfer natural gas from the Vaca Muerta shale formation, allowing Argentina to forgo costly LNG imports.
Targa Resources to Acquire Lucid Energy in $3.55 Billion Cash Deal
Targa Resources’ acquisition of Lucid Energy in the Permian Basin from Riverstone Holdings and Goldman Sachs follows the company’s $200 million bolt-on of Southcross Energy earlier this year.
Nord Stream Gas Supply Cut Aimed at Sowing Uncertainty, Germany Warns
Uniper, Germany’s biggest importer of Russian gas, said deliveries from Russia were down a quarter from agreed-upon volumes.
Canes Midstream Adds Energy Industry Leaders to Executive Team
Canes Midstream added Mike Hicks and Dan Westcott to its C-suite team, with Hicks serving as COO and Westcott as CFO.
Enterprise Moves Forward with $5 Billion ‘World-scale’ Petchem Project
Enterprise Products Partners completed early steps toward a proposed $5 billion ethane project east of Houston described by analysts as a “world-scale petchem facility.”
GPA Midstream, GPSA Announce Midstream Safety Award Winners
The GPA Midstream Association announced winners for its four divisional 2021 outstanding safety performances.
EnLink Names Jesse Arenivas as CEO, Founder Barry Davis’ Successor
Barry Davis led EnLink Midstream’s predecessor, Crosstex Energy, from its founding in 1996 through the 2014 merger of Crosstex with midstream assets from Devon Energy, the transaction that created EnLink.
EU, Israel, Egypt Sign Deal to Boost East Med Gas Exports to Europe
The EU signed a memorandum of understanding with Israel and Egypt to boost natural gas exports to Europe to offset natural gas usually imported from Russia.