Recent News
Enbridge Holding Open Season for M12 Firm Transport Service Starting in 2023 11/25/2020
Enbridge is holding an open season for M12 firm transport of up to 100,000 GJ/d starting November 1, 2023, and up to 250,000 GJ/d starting November 1, 2024. The minimum terms will be for a 15-year deal along the following paths:
- Dawn to Parkway
- Dawn to Kirkwall
- Kirkwall to Parkway
The full invitation to bid can be found here.
Enbridge Challenges Michigan Shutdown of Line 5 in Federal Court 11/25/2020
Enbridge has filed a complaint to federal courts regarding recent efforts in Michigan to shut down their Line 5 Pipeline. They are seeking an injunction against the state, citing that the administration's actions "interferes with the comprehensive federal regulation of pipeline safety and burdens interstate and foreign commerce in clear violation of federal law and the US Constitution." They claim that the PHMSA is their pipeline safety regulator, not the State of Michigan.
- 11/23/2020 - Chevron Restarts Service on Gorgon LNG Train 2; Train 1 Taken Offline
- 11/20/2020 - FourPass Energy Partners w/ Oaktree Capital Management with $900MM Pledge to Acquire Oil-Weighted Assets
- 11/19/2020 - Invenergy Now Building 1,310-MW Solar Power Facility in Northeast Texas
- 11/18/2020 - CNOOC Developing 1.62 MM Cubic Meters of Storage for Binhai LNG Terminal
- 11/17/2020 - Sempra Reaches FID on Energia Costa Azul LNG Project; First LNG Export FID in 2020
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Upstream
11/20/2020 - Oil Search Planning 2021 FID on 80 Mbbl/d Alaskan Pikka Project
11/18/2020 - Lundin Energy Tests Johan Sverdrup Capacity at 500 Mbbl/d
11/13/2020 - Ghana Asking Eni to Merge Offshore Discovery with Another Local Field
11/12/2020 - Ascent Resources Utica Reports Net 3Q20 Production of 2 Bcfe/d; Curtailed 210 Mmcfe/d
11/11/2020 - Oasis Petroleum Reports Court Approval of Pre-Packaged Chapter 11 Plan
11/9/2020 - Lilis Energy Names Ameredev As Winner of Chapter 11 Auction Process
11/7/2020 - Pioneer Shifting Cash Flow Investment Plans After Parsley Acquisition
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Midstream
11/16/2020 - SOCAR Begins Commercial Operations on Trans Adriatic Pipeline (TAP) to Connect Gas Supply to Italy
11/13/2020 - Enbridge Line 3 Replacement Receives Key Permits in Minnesota
11/12/2020 - Easton Energy Acquires Exxon's South Texas PetChem Pipeline System
11/12/2020 - TC Pipelines North Baja Xpress Subject to Sempra FID in 4Q20
11/8/2020 - Plains All American Targeting Diamond Expansion Online in 4Q21, Capline Reversal in 1Q22
11/6/2020 - Enbridge 3Q20 Update on Line 3 Replacement Project
11/5/2020 - Energy Transfer Expecting Mariner East, Orbit & Other NGL Expansions Online by Year-End 2020
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LNG
11/24/2020 - Venture Global Awards KBR EPC Contract for Plaquemines LNG Project
11/20/2020 - Elba's Unit 2 Still Offline Following May 2020 Fire
11/18/2020 - TechnipFMC Recieves Notice to Proceed on Sempra's Energia Costa Azul Project
11/13/2020 - Squadron Energy Secures Lease Site for Proposed $250MM Australian LNG Import Terminal
11/12/2020 - BP & Kosmos Scale Back LNG Development Plans for Greater Tortue Ahmeyim
11/9/2020 - China's Foran Energy Signs 26 Cargo Agreement with Cheniere Energy Through 2025
11/6/2020 - NextDecade Still Targeting 2021 FID on Rio Grande LNG Despite Engie Backing Out
Current Research
Natural Gas
- Southeast Pipeline Flow Analysis - 11/25/2020
- Daily Energy News (free) - 11/25/2020
- Natural Gas Highlights - 11/25/2020
- LNG Export Report - 11/25/2020
- Northeast Pipeline Flow Analysis - 11/25/2020
- Midwest Pipeline Flow Analysis - 11/25/2020
- South Central Pipeline Flow Analysis - 11/25/2020
- West & Rockies Pipeline Flow Analysis - 11/25/2020
- Fundamental Natural Gas Report - 11/25/2020
- Early Look Natural Gas Updates - 11/25/2020
- Weekly Midstream Project Updates - 11/23/2020
- LNG Biweekly Highlights - 11/17/2020
Crude Oil
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Crude Oil Highlights - 11/25/2020
Criterion's News Feed
- LNG Canada Project Site Seeing Spike in COVID Cases - 11/25/2020
- SunPower Corp. Announces Cash Tender for $301MM in Convertible Debentures - 11/25/2020
- HighPoint Resources Partially Regains NYSE Listing Compliance - 11/25/2020
- CNX Resources Offering $400MM in Notes in Private Placement - 11/25/2020
- Sunoco Announces Early Tender Results for 2023 Note Repurchase - 11/25/2020
- Enbridge Holding Open Season for M12 Firm Transport Service Starting in 2023 - 11/25/2020
- FERC Looking to Elevate Push for Bankruptcy Authority to 5th US Circuit Court of Appeals - 11/25/2020
- Eni Declares Force Majeure on Nigerian Crude Exports from Brass River - 11/25/2020
- Summit Midstream Increases Tender Offer/Unit on Series A Redemption - 11/25/2020
- CNX Resources Prices $500MM Senior Note Offering - 11/25/2020
- Entergy Louisiana Closes on Purchase of 361-MW Washington Parish Energy Center - 11/25/2020
- Cardinal Energy Makes Progress on Credit Facility Negotiations - 11/25/2020
- Enbridge Starting Construction on Line 3 Replacement in Minnesota - 11/25/2020
- Continental Resources Announces Results of Cash Tender for Senior Notes; Upsized to $1.27B - 11/25/2020
- Enbridge Challenges Michigan Shutdown of Line 5 in Federal Court - 11/25/2020