Midstream
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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Under pressure from the Kingdom to help boost the private sector’s contribution to Saudi Arabia’s GDP to 65% by 2030, Aramco secures a cash payout of $12.4 billion in one of the world’s largest energy infrastructure deals ever. -
The US Army Corps of Engineers deferred any decision to shut the line back to the district court.
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The Gas Exporting Countries Forum (GECF) forecasts in its annual global gas outlook that natural gas will comprise nearly a third of the global energy mix by 2050 and fuel more than half of the world’s electricity production. So, when it comes to fixing climate change, natural gas is one fossil fuel that can’t be dismissed. The 11 countries comprising the GECF control…
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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Oil major boosts its initial offer for transmission assets.
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Massive Russian Baltic Sea gas export line faces scrutiny, sanctions from the West.
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Transmission firms say that future-proofing the pipeline network will assist the transition to a green economy.
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The panel's chairman said it will renew its commitment to review equity concerns related to new energy projects.
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The Nord Stream 2 consortium is laying pipe in Danish waters despite US sanctions. A deal is anticipated that will allow the pipeline to be built if Germany defends Ukraine’s interests as a transit state for Russian gas.
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Europe’s gas pipeline wars are in a muddle as the US throws its support to the EastMed project to supply Israeli gas to Italy, transiting Greece and Cyprus; while at the same time the US is sanctioning the Russian-German Nord Stream 2 pipeline, which is already 90% complete.
