Natural Gas
Get Ready for an Appalachian Gas Bonanza
Natural gas pipeline construction projects in America's Appalachian Basin are booming.
Discounted Cash Flow Valuation for Oil and Gas Pipelines
Discounted cash flow (DCF) analysis is a standard method for valuing a wide range of assets such as fixed assets, including oil and gas pipelines, as well as stocks, bonds and real estate investments/properties. Typically, assets in any financial analysis produce a series of cash flows. DCF analysi..
Millennium’s Appeal Reaps Unexpected Benefits
Millennium Pipeline's appeal of New York's decision to deny a water permit for the Valley Lateral pipeline construction project causes regulatory conflict.
Britain Moves Forward on Gas Mains Replacement Program
Britain is halfway through replacing the regional gas distribution network which serves 23 million businesses and homes. A pipeline system of about 155,000 miles (250,000 km) in total length – it is also rather old. “Much of the original U.K. network is over a hundred years old,” said Jonathan Call..
SwRI, UTSA Jointly Invest in Corrosion, Energy Projects
Southwest Research Institute (SwRI) and The University of Texas at San Antonio (UTSA) announced two new research projects through the Connecting through Research Partnerships (Connect) Program. Each project will receive $125,000 in funding. One project will research a new technique to mitigate crack..
Federal Judge Dismisses Legal Effort to Stop Gas Pipeline
Federal judge dismisses Nexus Gas Transmission pipeline construction project lawsuit.
Forties Pipeline To Remain Shut For Up To Three More Weeks
The Forties Pipeline that was shut down last week for repair of a hairline crack will remain shut for two to four weeks from December 11, the operator of the pipeline responsible for carrying 40 percent of the UK’s North Sea crude oil production, Ineos, said on Tuesday, adding that it was awaiting c..
Tellurian to Develop Three Major Natural Gas Pipelines, Makes Leadership Change
Tellurian to proceed with three new natural gas pipeline construction projects.
Poland Says Nord Stream 2 Would Harm Regional Security
Polish officials say the Nord Stream 2 pipeline construction project threatens central Europe's security.
FERC: Phase 1B of the Rover Pipeline Can Be Placed in Service
FERC says Energy Transfer Partners can place Phase 1B of the Rover pipeline construction project in service.
Gas Line Explosion Raises Concerns About Old Michigan Pipes
ORION TOWNSHIP, Mich. (AP) — Environmental advocates say Michigan’s aging gas pipelines have a heightened risk of corrosion or other material failure that could cause a fire or explosion. The concerns follow last month’s gas explosion in Orion Township, about 30 miles north of Detroit, The De..
Hearing Set on Natural Gas Pipeline in Maryland
Maryland regulators schedule hearing concerning natural gas pipeline construction project.
Key Pipeline Closure Amplifies OPEC’s Efforts
OPEC’s continued efforts to draw the global oil glut down to its five-year average are receiving an unexpected shot in the arm by an oil pipeline outage. But this time, it’s not the usual suspects of Libya, Nigeria, or Iraq. It’s a shutdown of a major oil pipeline in the North Sea, which is expecte..
'Perfect Storm' Wreaks Havoc On Europe’s Energy Market
The natural gas market in Europe suddenly got a lot tighter this week, with two unexpected supply outages wreaking havoc across the continent, forcing Italy to declare a state of emergency. The first incident that made big headlines was the crack in the Forties pipeline in the North Sea, which caus..
Rhode Island Regulators Vote in Support of Natural Gas Facility
PROVIDENCE, R.I. (AP) — Rhode Island regulators say a liquefied natural gas facility on the Providence waterfront does not violate state policy, despite the uproar from local residents. The Providence Journal reports the Coastal Resources Management Council made their decision Tuesday. While ..
New Mexico Oil and Gas Companies Sign on to Reduce Emissions
ALBUQUERQUE, N.M. (AP) — Some of the biggest names in energy production in New Mexico have signed on to a national effort within the oil and gas industry to curb methane emissions as pressure mounts for states to enact more pollution laws. The move comes as the U.S. Interior Department announced it..
Nobody Hurt in Central Texas Natural Gas Pipeline Fire
SOMERVILLE, Texas (AP) — Authorities are trying to determine what sparked a natural gas pipeline fire in Central Texas in an early-morning blaze that could be seen for several miles. The Burleson County Sheriff’s Office says nobody was hurt in the fire reported about 3 a.m. Wednesday at a rural sit..
Virginia Regulators Issue Water Quality Certification for the Atlantic Coast Pipeline
Virginia regulators approve water quality certification for the Atlantic Coast pipeline construction project.
1 Dead, 21 Hurt in Explosion at Natural Gas Plant in Austria
BERLIN (AP) — An explosion Tuesday at a major natural gas facility near Austria’s border with Slovakia killed one person and left 21 others injured, and caused some gas flow disruptions to other countries, authorities said. One person was seriously injured and 20 others were slightly hurt in ..
Siemens to Build 2 Natural Gas Power Plants in Libya
BERLIN (AP) — Germany’s Siemens says it has signed contracts worth some $824 million to build two gas-powered power plants in Libya. The Munich-based industrial conglomerate said Monday that the plants will be built in Misrata and Tripoli and that the value of the contracts with the state-owned Gen..
World Bank Will Stop Financing Oil, Gas Projects
PARIS (AP) — World Bank President Jim Yong Kim says the World Bank will stop financing oil and gas projects in two years. Speaking at the climate summit outside Paris, Jim Yong Kim said Tuesday the World Bank will cease financing exploration and extraction projects after 2019, except “in exceptiona..
Forties Pipeline Could Remain Shuttered For Weeks
The Forties oil and gas pipeline shutdown on Monday, causing energy prices in the United Kingdom to spike in the afternoon, according to a new report by Reuters. Brent Crude, which Forties carries, also spiked to a two-and-a-half-year high on news of the stoppage. Wholesale gas prices for immediate..
Virginia Panel Weighs Key Approval for Atlantic Coast Pipeline
Virginia regulators to vote soon whether to grant a water quality certification for the Atlantic Coast pipeline construction project.
Environmental Groups File Lawsuit to Try to Block Pipeline
A coalition of environmental groups files a lawsuit against the Mountain Valley pipeline construction project.
Virginia Water Board Certifies Mountain Valley Pipeline
Virginia’s Water Control Board issues certification for the Mountain Valley pipeline construction project.
North Carolina Regulators Want More Information on Pipeline
North Carolina regulators want more information before deciding whether to issue a permit for the Atlantic Coast pipeline construction project.
West Virginia Weighs Permit for Atlantic Coast Pipeline
West Virginia regulators schedule two public hearings concerning the Atlantic Coast pipeline construction project.
Father, Son Killed in Northern Illinois Pipeline Explosion
NACHUSA, Ill. (AP) — Authorities in northern Illinois say a father and son were killed in a natural gas pipeline explosion while working on a farm field. Officials on Wednesday said 59-year-old father Rory Miller of Amboy and 30-year-old son Ryan Miller of Oregon died in the Tuesday morning explosi..
Enterprise Products Partners: Cause of New Mexico Pipeline Rupture Unknown
LOVING, N.M. (AP) – A Houston-based energy company says it’s investigating what caused one of its natural gas pipelines to rupture, explode and catch fire in southeastern New Mexico’s oil patch. Spokesman Rick Rainey of Enterprise Products Partners L.P. says the incident early Wednesday morning in ..
Canadian Natural Gas Pipeline Project Planned
TransAlta Corporation and Tidewater Midstream sign a letter of intent to proceed with a natural gas pipeline construction project in Canada.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
