Tuesday, May 20, 2025

China’s Sepco Seen as Frontrunner for Aramco Natural Gas Contract

Story by The Wall Street Journal China’s Shandong Electric Power Construction Corporation, known as Sepco, is seen as the frontrunner in the bidding for an $800 million contract to build a natural gas compressor station for the Saudi Arabian Oil Company, according to five people familiar with the process. Aramco, as the firm is known, is expanding its domestic natural

United States, Mexico Integrate Energy Industries with Crude Oil Swaps

Mexico’s rapidly changing oil and gas industry took another step forward last month, reaching an agreement with the United States Bureau of Industry and Security to swap crude oil depending on its respective grades. U.S. refineries, particularly on the Gulf Coast, are more equipped to handle heavy and sour grade crudes like Mexico’s Mayan crude oil. U.S. refineries best suited

Natural Gas Pipeline Company of America and Cheniere Agree on Natural Gas Transportation to Corpus Christi Liquefaction Project

Natural Gas Pipeline Company of America LLC (NGPL) today announced an agreement with Corpus Christi Liquefaction, LLC, a subsidiary of Cheniere Energy, Inc., to provide the Corpus Christi Liquefaction Project with 385,000 dekatherms per day of southbound natural gas transportation capacity on NGPL’s expanded Gulf Coast mainline system for a 20-year term. NGPL expects to invest approximately $212 million in

New Oil and Gas Codes in the DJ Basin

Erie, Colorado town board approves new code for operators The town of Erie, Colorado, passed a new code for in-town oil and gas operations, affecting major oil and gas companies like Anadarko (ticker: APC), Noble Energy (ticker: NE), Encana (ticker: ECA) and Synergy Resources Corp (ticker: SYRG). The new code creates two types of review processes for companies looking to