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News
North Hub Floating Gas Facility Moves Into Construction in Indonesia
9+ mon, 3+ week ago (320+ words) Pipeline and Gas Journal - North Hub Floating Gas Facility Moves Into Construction in Indonesia Construction is underway on the floating gas processing facility for Indonesia's North Hub project, marking a key milestone toward first production from one of the country's…...
Chinese Tankers Carry Saudi Crude Through Houthi Blockade
9+ mon, 3+ week ago (697+ words) Two supertankers carrying Saudi crude successfully transited the Bab el-Mandeb Strait as Houthi attacks continued to disrupt Red Sea shipping, highlighting ongoing risks to global energy flows. (Reuters) — Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil…...
DOE Offers $65.5 Million to Boost Oil, Gas Production and Infrastructure
9+ mon, 3+ week ago (283+ words) The U.S. Department of Energy is offering up to $65.5 million for projects aimed at improving oil and natural gas production, strengthening energy infrastructure and advancing digital technologies across the upstream and midstream sectors. (P&GJ) — The U.S. Department of Energy (DOE)…...
Brent Climbs Above $100 as Hormuz, Red Sea Risks Grow
9+ mon, 3+ week ago (484+ words) Brent crude traded above $100 per barrel as escalating conflict in the Middle East disrupted key oil shipping routes, raising concerns about global crude supplies and driving a fourth consecutive weekly gain. (Reuters) — Brent oil prices hovered above $100 per barrel on…...
I&M Seeks Approval for 1.5-GW Rockport Gas Power Plant
9+ mon, 3+ week ago (300+ words) (P&GJ) — Indiana Michigan Power (I&M) has filed an application with the Indiana Utility Regulatory Commission (IURC) seeking approval to construct a 1,520-MW natural gas combined-cycle power plant at its Rockport, Indiana, generating site as part of its strategy to…...
Venezuela Pushes Oil Companies to Meet Contract Migration Deadline
9+ mon, 3+ week ago (362+ words) Oil companies are racing to finalize new agreements as Venezuela moves ahead with a sweeping overhaul of its hydrocarbons framework, reshaping how projects will operate under PDVSA. (Reuters) — Venezuela's oil ministry has told partners of state energy company PDVSA that…...
House Bill Would Fast-Track FERC Approval of National Security Pipelines
9+ mon, 3+ week ago (292+ words) A new House bill would allow the president to designate certain interstate oil and natural gas pipelines as critical to national security, triggering expedited FERC reviews and limiting state permitting authority. (P&GJ) — Rep. Ken Calvert, R-Calif., has introduced legislation…...
Aramco Shifts More Crude Exports to Mediterranean Amid Red Sea Threats
9+ mon, 3+ week ago (376+ words) Security threats in the Red Sea are prompting Aramco to expand Mediterranean crude export options, signaling a shift in regional oil logistics as shipping risks continue to mount. (Reuters) — Saudi Aramco has offered additional crude cargoes for loading from Egypt's…...
North Dakota Oil Prices Hit Rare Premium, Boosting Tax Revenue by $29 Million
9+ mon, 3+ week ago (373+ words) North Dakota oil traded above the WTI benchmark in May for the first time in decades, generating an estimated $29 million in additional state tax revenue. (P&GJ) — North Dakota crude traded above the West Texas Intermediate (WTI) benchmark in May…...
Clean Ocean Action Appeals NJ Approval for Transco Raritan Bay Pipeline
9+ mon, 3+ week ago (281+ words) An environmental group has appealed New Jersey's approval of Transco's Raritan Bay pipeline, arguing the project violates state law and provides no public benefit to New Jersey. (P&GJ) — Environmental advocacy group Clean Ocean Action has appealed New Jersey's approval…...