GO
Loading...

Oil and Gas Storage

More

  • Hungary cuts off natural gas shipments to Ukraine Friday, 26 Sep 2014 | 10:22 AM ET

    BUDAPEST, Hungary— Hungary unexpectedly cut off natural gas shipments to Ukraine on Thursday, days after getting assurances from Russian supplier Gazprom that it would get enough deliveries to fill up its own gas storage facilities.

  • *Hungary stops shipping gas to Ukraine, cites higher imports. BUDAPEST, Sept 26- Hungary has secured increased gas imports from Russia's Gazprom, Prime Minister Viktor Orban said on Friday, a day after Hungary's pipeline operator FGSZ stopped shipping gas to Ukraine.

  • BRUSSELS, Sept 25- European Energy Commissioner Guenther Oettinger said he aimed to propose an interim solution to the gas price row between Russia and Ukraine at talks he is brokering in Berlin on Friday. Russia cut off gas supplies to Ukraine in June because of a row over Ukraine's unpaid gas bill.

  • Worker hurt in Wyoming natural gas tank blast dies Wednesday, 24 Sep 2014 | 7:05 AM ET

    SALT LAKE CITY— One of four men injured in a blast at a western Wyoming natural gas storage tank has died, a Salt Lake City hospital official confirmed Wednesday. Marissa Villasenor, a spokeswoman for the University of Utah Hospital, said the worker injured in Tuesday's explosion died overnight at the hospital's burn unit.

  • MILAN/ LUANDA, Sept 22- Angola's liquefied natural gas plant faces major reconstruction to fix design flaws and corrosion of nearly-new equipment, threatening to extend a lengthy closure and pushing unofficial estimates of the project's cost to at least $12 billion.

  • The Yamal plan, a $27 billion investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas. Russia has said it will make sure Yamal has the resources it needs to keep building.

  • Sept 15- Chevron Corp said Monday a blast on a natural gas gathering pipeline into the Henry Hub supply hub in Louisiana on Saturday that killed one worker interrupted "minimal gas production." Chevron said workers were performing routine maintenance on a Chevron Midstream Pipeline gas gathering line in offshore Louisiana waters when the accident occurred.

  • GAZPROM SAYS GAS IS BEING DELIVERED ACCORDING TO AVAILABLE RESOURCES FOR EXPORTS AND FOR GAS STORAGE FACILITIES IN RUSSIA.

  • Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.

  • FRANKFURT, Aug 28- European Energy Commissioner Guenther Oettinger said on Thursday the bloc was seeking to fill its gas storage facilities and de-escalate a row between Ukraine and Russia in order to safeguard its own gas shipments from Russia in the 2014/ 15 winter.

  • MEXICO CITY, Aug 8- Two workers died after being overcome by a burst of flames in an accident that also injured 11 at a refinery in northern Mexico, state-run oil company Pemex said on Friday.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face an unusual three-year limit on trading physical U.S. benchmark crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, the CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face three-year limits on trading benchmark U.S. crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • LONDON, Aug 1- After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good.

  • COLUMN-Ruminating cattle and leaky gas pipelines: Kemp Thursday, 31 Jul 2014 | 12:22 PM ET

    LONDON, July 31- Supporters of natural gas promote it as a clean "bridge fuel" between the coal-and-oil dominated energy system of the present and the zero-emissions system of the future based on renewables and nuclear power. Shifting to gas is at the heart of the U.S. Environmental Protection Agency's proposed new rules for power plant emissions.

  • MOSCOW, July 31- Russia's second largest oil producer Lukoil said on Thursday it had agreed to sell 240 filling stations and six petroleum storage facilities in Ukraine to Austria's AMIC Energy Management GmbH to "optimise its asset structure".

  • July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.

  • ISTANBUL/ LONDON, July 30- Iraqi Kurdistan's attempts to export oil independently of Baghdad hit another obstacle on Wednesday, as a Turkish energy official and industry sources said the autonomous region's pipeline to the Mediterranean has been shut for the past week.

  • *Demand weak in Europe and Asia but supplies ample. *U.S., EU prepare more sanctions on Russia over Ukraine. LONDON, July 28- Brent crude oil slipped towards $107 a barrel on Monday as ample supply in the Atlantic basin and weak demand in Europe and Asia outweighed worries over political tensions in Ukraine and the Middle East.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.