Kinder Morgan has restored operations for two key fuel pipelines serving California, Arizona, and Nevada after power outages caused by devastating Los Angeles wildfires disrupted supply. https://ow.ly/33KS50UEUXG
Pipeline & Gas Journal
Oil and Gas
Houston, TX 44,102 followers
Since 1859, the worldwide authority in pipeline operations.
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Pipeline & Gas Journal is the recognized authority on pipeline operations worldwide.
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Updates
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Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said. https://ow.ly/eTe150UEVfg
Tougher U.S. Sanctions to Limit Russian Oil to China, India, Boost Middle East Demand
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The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said. https://ow.ly/qcSO50UENxH
AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline
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Howard Energy Partners (HEP) has acquired EPIC Midstream Holdings’ 120-mile ethylene pipeline, strengthening its presence in the Gulf Coast region. https://ow.ly/gX3B50UE2Pr
Howard Energy Acquires 120-Mile Bidirectional Ethylene Pipeline from EPIC Midstream
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U.S. crude inventories at the country's flagship storage hub in Cushing, Oklahoma, fell to their lowest in over a decade amid strong refining activity and a year-end tax measure, data from the government's energy statistics arm showed. https://ow.ly/Knrz50UE2Qu
U.S. Oil Inventories at Cushing Storage Hub Drop to Lowest in a Decade
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Norway exported a record amount of natural gas in 2024, and volumes are expected to stay near this level in the coming years, official data and forecasts showed on Thursday. https://ow.ly/508k50UE2Rt
Norway Gas Exports Near Record 2024 Levels, Forecasts Show Continued Strength
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A court in Switzerland has extended the deadline for Nord Stream 2 AG, a unit of Russia's Gazprom, to restructure its debts to May 9 from Jan. 10, according to a court ruling. https://ow.ly/sMAB50UE2Ra
Nord Stream 2 AG Receives Extension for Debt Restructuring Deadline
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The Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, was seen pumping 64.4 million metric tons of oil in 2024 in a latest estimate, further downgrading its exporting prospects, according to a shareholder. https://ow.ly/mKbO50UE2QR
Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
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The U.S. Senate energy committee will hold nomination hearings for President-elect Donald Trump's picks for energy roles on Tuesday and Wednesday next week, the panel's chairman said on Thursday. https://ow.ly/4kZ750UE2Q0
U.S. Senate Panel to Hear Trump Energy Nominees Next Week
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BREAKING NEWS: U.S. nuclear power provider Constellation Energy has agreed to buy privately-held natural #gas and geothermal company Calpine Corp. for $16.4 billion, marking one of the biggest #acquisitions in the history of the U.S. #power industry. https://ow.ly/ZjtN50UEonB
Constellation Energy to Buy Calpine in $16.4 Billion Power Industry Mega-Merger
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