Midstream Archives - Page 17 of 116 -

Exclusive: Aramco pipeline investors to refinance loan with bonds next year – sources

April 15, 2021

Reuters DUBAI – EIG Global Energy Partners will lead a yet-unnamed consortium to issue billions of dollars in bonds across two or three transactions to replace bank debt backing an investment in Saudi Aramco’s oil pipeline assets, two sources said. The Washington, D.C.-based firm’s consortium will issue bonds to replace $10.5 billion in so-called staple financing that was arranged by

TC Energy requests info on renewable energy proposals for its U.S. pipelines

April 13, 2021

Reuters CALGARY, Alberta – Canada’s TC Energy on Monday requested information from around 100 renewable development companies to identify wind energy investment opportunities that would generate 620 megawatts of electricity for its U.S. pipeline business. The capital investment could total about $1 billion, analysts at BMO Capital Markets said in a note. Calgary-based TC Energy owns North America’s largest natural

Texas oil pipelines face dry months as production languishes

April 13, 2021

Reuters NEW YORK -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said. Pipeline companies went on a construction spree throughout 2018 and 2019 to handle blistering growth in U.S. crude production to a record 13 million barrels per day (bpd).

Fate of Dakota Access pipeline at stake at Friday court hearing

April 9, 2021

Reuters NEW YORK – The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental review. The market has been increasingly worried about a possible shutdown as the White House aims to reduce the nation’s

Ex-Energy Sec. Brouillette: Biden’s pipeline problem goes from bad to worse with Nord Stream 2 vs. Keystone

March 26, 2021

Fox Business Just two months into the Biden presidency and we are witnessing a remarkable juxtaposition on the issue of energy security that could have profound and serious implications both at home and abroad. It was almost two years ago, on March 29, 2019, that then-President Trump signed an executive order granting final permission for the construction of the Keystone XL pipeline. A

Gazprom chairman says Nord Stream 2 gas pipeline to be finished this year despite U.S. pressure – TASS

March 26, 2021

Reuters MOSCOW – The chairman of Russian gas producer Gazprom’s board was cited by the TASS news agency on Friday as saying that construction of the Nord Stream 2 gas pipeline to Germany would be completed this year despite U.S. opposition to the project. The United States said this week that sanctions against the pipeline were a real possibility. The

U.S.’s Blinken warned Germany’s Maas about Nord Stream 2 sanctions

March 24, 2021

Reuters BRUSSELS – U.S. Secretary of State Antony Blinken said on Wednesday he had told his German counterpart that sanctions against the Nord Stream 2 natural gas pipeline were a real possibility and there was “no ambiguity” in American opposition to its construction. Berlin has so far been betting the new U.S. administration of President Joe Biden will take a

Germany’s Greens vow to scrap Russian gas pipeline after election

March 19, 2021

Reuters BERLIN – Germany’s Greens have enshrined in their election programme plans to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Europe’s biggest economy, creating a hurdle to a potential alliance with the conservatives. Chancellor Angela Merkel’s conservatives, who have backed the Nord Stream 2 pipeline opposed by the United States, are leading in polls ahead

Several U.S. states sue Biden administration for revoking permit for Keystone XL pipeline

March 18, 2021

Reuters Texas and several other U.S. states have sued the administration of President Joe Biden over his decision to revoke a key permit for the Keystone XL pipeline, Texas Attorney General Ken Paxton said in a statement late on Wednesday. The lawsuit states that Biden does not have the unilateral authority to change energy policy that the U.S. Congress has

Exports to drive U.S. natural gas demand growth, but pipelines needed

March 4, 2021

Reuters U.S. domestic consumption of natural gas will peak around 2030 but rising pipeline and liquefied natural gas (LNG) exports should keep demand for the fuel growing through 2050, Matthew Palmer, senior director at IHS Markit, said on Wednesday. Moving that gas from the states where it is produced to places were it can be consumed or exported, however, will

Germany says there is exchange with U.S. on Nord Stream 2

February 26, 2021

Reuters BERLIN – There is an exchange between the U.S. government and Germany regarding the Nord Stream 2 pipeline to take Russian gas to Europe, a German government spokeswoman said on Friday without giving details. Germany and Russia say Nord Stream 2 is just a commercial project. Washington has long argued the pipeline will dangerously increase Russian leverage over Europe.

Gas to Gaza? The pipeline that might provide a lifeline

February 23, 2021

Reuters JERUSALEM – Talks on a gas pipeline that would cross political faultlines and deliver reliable energy to the impoverished Gaza Strip have moved from the abstract to the concrete in recent weeks, three officials with knowledge of the process told Reuters. For years the project was a distant prospect because of the Israeli-Palestinian conflict – peace talks between the

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