Industry News

Refiner hints it could offer asset swap with competitors to ease merger

Poland's biggest oil refiner PKN Orlen signaled that it could offer to swap assets with competitors in order to ease EU regulators' concerns about its planned merger with rival Lotos .

Ukraine looks at U.S. LNG as part of diversification plan

Ukraine is interested in buying U.S. liquefied natural gas (LNG) via infrastructure in Poland as it seeks to reduce reliance on Russian gas, a top Ukrainian security official said.

U.S. LNG grabs 10% market share as Jan-Aug exports equal 2018 volumes

U.S. exports of liquefied natural gas (LNG), negligible just three years ago, now amount to 10% of the global market and at 22 million tonnes so far this year are equal to the total volumes pumped out in 2018

Orbital secures orders from leading US energy producer and transporter

Orbital Gas Systems announced that it has received orders to supply GasPTi systems for deployment across multiple natural gas plants by one of the largest U.S.-based producers and transporters of energy.

U.S. Water, Wastewater Costs on Rise

U.S. municipal water and wastewater utility bills grew at an inflation-adjusted 3.6% during the past year to an household average $104 per month, according to a new index that has raised concerns about both affordability and regional volatility.

Cheniere Completes Second Train at Corpus Christi LNG Project

Cheniere Energy, the largest U.S. exporter of LNG, on Tuesday announced that Train 2 of its Corpus Christi, Texas, liquefaction project has been declared substantially complete.

Sabine Pass LNG berth expansion receives positive environmental review

Cheniere Energy received a positive environmental assessment from the Federal Regulatory Commission (FERC) for a marine berth expansion project.

Höegh LNG: Delivery of FSRU number ten

Hamilton, Bermuda,- Höegh LNG Holdings Ltd. took delivery of Höegh Galleon, its tenth floating storage and regasification unit (FSRU).

Dutch to end Groningen gas production quicker than predicted

The Dutch government will end production at the vast Groningen natural gas field sooner than previously announced, Dutch Economy Minister Eric Wiebes said.

Aramco Trading sells first U.S. West Texas Light crude

Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, sources said.

Brazil's Petrobras refineries sale lures trading companies

Brazil’s planned privatization of eight Petroleo Brasileiro SA refineries has lured several of the world’s largest trading and oil companies as prospective bidders, sources said.

Ecuador seeks investor to build new refinery

Ecuador is seeking private companies interested in building a new refinery on the OPEC nation’s coast with a capacity of up to 300,000 barrels per day (bpd), a state official said.

Canada's Energy Regulator Responds to Concerns Over Enbridge Pipeline Plan

Canada's energy regulator responded to shipper complaints about Enbridge Inc's plan to switch to fixed contracts on its Mainline pipeline network by announcing a fast-track process to gather comment on the proposal that could lead to its being delayed.

Judge Blocks Obama-Era Water Initiative Pending Revision

A federal judge in Georgia has blocked enactment of the 2015 Waters of the United States (WOTUS) rule in Georgia and nine other states that filed suit against the U.S. Environmental Protection Agency while the initiative is under review by the Trump administration.

India could review long-term LNG contract prices

India will look at reviewing the pricing of its long-term liquefied natural gas (LNG) deals at an “appropriate time” due to a fall in spot prices, oil minister Dharmendra Pradhan said.

Nigeria says it will not relinquish assets in $9B gas project dispute

Nigeria will not relinquish assets to a firm registered in the British Virgin Islands following a court ruling related to a $9 billion gas project dispute, the West African country’s information minister said.