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Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. The Leviathan shutdown is already impacting gas flows to Egypt, according to Bloomberg sources close to the pipeline network.
The letter did not specify the amounts owned to the group’s members, which include Baker Hughes, Halliburton, Weatherford, SLB Oil & Gas and Grupo Mexico. In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these companies may have to stop operations as early as July.
On Friday, March 21, 2025, Heathrow Airport (in London), one of the worlds busiest airports, experienced a complete shutdown due to a massive fire at the North Hyde electrical substation in Hayes, west London, approximately 1.5 miles from the airport.
The Propane Education & Research Council (PERC) has created online learning resources with educational information about propane autogas for fleets and service technicians that are starting to return to work after recent shutdowns while navigating through new challenges.
Industrial gas users went offline this week as Cairo prioritized flows to power plants. With modest volumes from Israel returning after a week-long shutdown and two new FSRUs likely to be operational in early July, Egypt appears to have prevented painful blackouts, for now.
Egypt is facing the prospect of blackouts in June as the Israel-Iran conflict escalates. Both Leviathan and Karish have been shut down, reducing flows from Israel, while LNG imports have stalled on limited infrastructure.
Image by Alabady via iStock Iraq’s electricity grid lost around 15% of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday, highlighting the country’s vulnerability to energy shocks despite its oil wealth. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
liquefied natural gas export plant is gradually resuming service after an outage on Tuesday, per LSEG gas flow data cited by Reuters. Freeport LNG in Texas is set to take more feedgas on Wednesday in a sign that the U.S.
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
At the very heart of this progress lies a critical, often overlooked process: fuel gas conditioning. It is the essential step that ensures the natural gas powering everything from massive power generation turbines to critical industrial engines is clean, dry, and delivered at the precise specifications required for optimal performance.
Image by Redhuan Ramli via iStock EnerMech Limited has secured a three-year contract with Dana Petroleum Limited for Offshore Shutdown Support Services for the Triton floating, production, storage, and offloading (FPSO) vessel. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.
A wildfire in the Canadian province of Alberta prompted the temporary shutdown of some oil and gas production and forced residents of a small town to evacuate. The blaze, which Alberta Wildfire said is approximately 1,600 hectares in size, is burning out of control about 7 km north of the town of Swan Hills in [Read more]
John Crane, a global leader in rotating equipment solutions and part of Smiths Group plc, has unveiled the Type 93AX Coaxial Separation Seal, a cutting-edge dry gas sealing solution designed to help customers reduce emissions, enhance equipment reliability, and lower operational costs.
June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. rigs dropped 4 to 559 (oil -9 to 442, gas +5 to 114), marking a 35-rig annual decline.
The shutdown is projected to cut carbon dioxide emissions by 240,000 tonnes per year, the equivalent of removing 250,000 vehicles from circulation. One of the project's most significant achievements is the shutdown of approximately 7,000 private diesel generators throughout the region. million tonnes of carbon dioxide emissions.
June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers.
The past several years have been challenging for Colorado oil and natural gas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. When has the DJ been uneconomic?”
Immediate inspection and shutdown may be necessary to prevent catastrophic failure. Immediate inspection and shutdown may be necessary to prevent catastrophic failure. Consider emergency shutdown to prevent potential damage or safety hazards.n3. Please investigate urgently. Please investigate urgently.
How the development, validation, and large-scale deployment of online solids management systems is saving operators money by releasing flowback equipment sooner, minimizing equipment damage due to solids carry-over, and reducing the need for shutdowns and confined space entry cleanout operations.
Also capping demand was the final shutdown ofLyondellBasell Industries(NYSE: LYB ) 263,776 barrel-per-day (bpd) Houston refinery this month. Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5
This 2015 SIP Call rule focused on the treatment of excess emissions during periods of startup, shutdown, or malfunction (SSM). K Startup and Shutdown, in its place. Essentially, EPA noted that Louisiana’s rules “may be read so as to create situations wherein startup and shutdown emissions are functionally exempt[.]” LAC 33:III.2201.K
The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. Please sign in or register for free.
Moreno: On August 23, 2011, the Environmental Protection Agency (EPA) published in the Federal Register a proposed rule that significantly expands the applicable air emissions standards for the Oil and Natural Gas Sector. The new Subpart OOOO would include operational standards for completions of hydraulically-fractured gas wells.
Let see some mostly used acronyms in oil and gas drilling rig operational game plan and daily drilling report. These acronyms minimize drilling report size and make it easy to read and understand. Without these abbreviation drilling report will look massive text contents and reader will feel boring.
Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. With shutdowns and stay-at-home orders in place and regulatory deadlines looming, Louisiana operators are looking for guidance from regulators on how to proceed.
In pursuit of efficiency and minimal environmental impact, vapor recovery units (VRUs) are now indispensable in gas processing operations. At Pro-Gas LLC, we recognize the critical role these systems play in our commitment to sustainable and profitable operations. This makes them a wise investment for any gas processing operation.
Real-Time Monitoring with IoT Sensors Install Internet of Things (IoT) sensors on workers’ gear, machinery, and throughout facilities to detect hazardous conditions like gas leaks, high temperatures, or equipment malfunctions instantly.
The unique self-learning capability enables continuous adaptation to new data, maintaining high accuracy across different operating scenarios, even after major process changes or shutdowns.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Disposing of this excess PW is leading to seismic activity in several regions that has resulted in curtailment and sometimes shutdown of SWD facilities. As fields age, they generate higher water to oil ratios.
part 63, Subpart HH, “NESHAP (National Emission Standards for Hazardous Air Pollutants) for Source Categories from Oil and Natural Gas Production Facilities” to include the regulation of area sources. Subpart HH has historically regulated various emissions points for major sources of air toxics in the oil and natural gas production industry.
In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.
In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.
Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 19-1330), and the First Circuit is likewise reviewing the remand of Rhode Island’s climate change lawsuit back to state court (Docket No.
The drop “stemmed mainly from the shutdown of the hydrocracker (HCU), hydrogen production unit, [57,000 b/d] CDU 3 and ancillary facilities for periodic maintenance,” Bazan says. This was largely due to maintenance work at Bazan where overall output was down 23% quarter-on-quarter to 154,400 b/d, or 78% of capacity.
And Enverus, known internationally for its research, also offers oil and gas accounting systems, including their own newest option, called RFx (Request For Anything). The shutdowns really provided the impetus for a lot of operators to get on track with a simple solution that was lightweight, easy, and cost-effective for them to run, he said.
An emergency shutdown and response was initiated at about 9 p.m. . #22: Dec. 7, 2022: TC Energy shut down its Keystone pipeline after detecting a leak of 588,000 gallons into a creek near Washington, KS about 20 miles south of Steele City, NE. CT on Dec.
bbl, with prices stabilising in a range of c.$27-$28/bbl 27-$28/bbl in H2 2024 2025 year to date (to 18 March 2025) gross average production of c.46,400 million in 2024 (2023: $50.1 million (2023: $123.5m) as the increase in 2024 volumes more than offset the 34% decline in average realised price to $26.8/bbl bbl (2023: $40.9/bbl) bbl (2023: $5.6/bbl),
To add to the bullish developments, wildfire season in Alberta has started prompting production shutdowns, to date affecting more than 340,000 barrels daily. Iran was not going to agree to completely halt its uranium enrichment activities, which the U.S.
March 17, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. refinery shutdowns of 400,000 bpd are contributing to the surplus. natural gas hits 2-week low on record output Summary : U.S. natural gas hits 2-week low on record output Summary : U.S.
Some tariffs might also have a negative effect on oil and gas industry costs, specifically the steel and aluminum tariffs the Trump administration announced earlier this week. Two refineries one in Los Angeles and another in Houston are slated for a shutdown in 2025, which would leave more crude available on the market.
and have not been warned of an impending shutdown despite a U.S. (World Oil) – Venezuelan oil contractors are continuing their work with Chevron Corp. government deadline to stop producing oil there by early April.
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