Russian Gas Flows to Europe Via Ukraine Fall after Kyiv Shuts Route

The transit point Ukraine shut usually handles about 8% of Russian gas flows to Europe.

Nina Chestney, Reuters

US Oil Pipeline Operators Gear Up for Higher Shale Output

Analysts predict that operators could reach pre-pandemic crude oil production outputs by October 2022, with Permian Basin production expected to rise 5.7 MMbbl/d next year.

Arathy Somasekhar, Reuters

Venture Global Strikes LNG Supply Deal with Exxon Mobil

Venture Global LNG has emerged as a powerful force in LNG. The company this year started exports at its first Calcasieu Pass, Louisiana, plant and the Exxon Mobil deal will help advance two other proposed facilities.

Gary McWilliams, Reuters
Höegh LNG’s Independence, left, a floating storage and regasification unit (FSRU) operating in Klaipeda, Lithuania, connects to the company’s Arctic Princess LNG carrier. As European countries cut off imports of pipelined Russian gas in response to that country’s invasion of Ukraine, shipments of LNG have increased and FSRUs have been relied on to compensate for a shortage of LNG import facilities on the continent. (Source: Höegh LNG)

War’s Scrambling of Gas Markets May Prompt Investors to Return to Energy

Europe’s rejection of Russian natural gas could translate into a boom in infrastructure to meet demand.

Joseph
Markman
Hart Energy

Canada in Talks to Accelerate Construction of LNG Export Terminals

Ottawa has held talks with European countries about ways to boost energy exports to the continent. However, Canada does not have any East Coast LNG facilities and only one under construction on its west coast.

Nia Williams, Reuters

Rangeland IV Launches with $300 Million EnCap Flatrock Commitment

The $300 million commitment announced May 3 is the fourth EnCap Flatrock growth equity commitment to Rangeland Energy companies, bringing the total to $900 million since Rangeland’s formation.

Hart Energy Staff

Biden Sidelined Global Energy Partners with Record Emergency Oil Release

“The IEA was embarrassed by the [U.S.] release which was at the start done essentially unilaterally by the U.S.,” said a source familiar with the diplomacy around the release.

Noah Browning and Dmitry Zhdannikov, Reuters

Enbridge Eyes LNG Opportunities as Quarterly Profits Rise

Enbridge supplies about 2 Bcf/d of gas to four LNG plants on the Gulf Coast and CEO Al Monaco said on a recent earnings call the company has inked agreements to supply three more Gulf Coast projects that could add up to 7 Bcf/d of gas.

Nia Williams and Rithika Krishna, Reuters

Companies to Develop Production, Export Facilities at Enbridge Ingleside Energy Center

Enbridge and Humble Midstream will jointly develop and market a low-carbon hydrogen and ammonia production and export facility located at the Enbridge Ingleside Energy Center near Corpus Christi, Texas.

Hart Energy Staff

Williams Announces Deepwater Agreement at Salamanca

Company secures another tieback to the KCC pipeline.

Hart Energy