Natural Gas

Gas Pipeline Fire Causes Blackouts In Nigeria

A gas pipeline fire has caused parts of Nigeria’s electric grid to shut down, according to an announcement by the ministry of power on Wednesday. The incident at the Escravos Lagos Pipeline caused power cuts at several stations near the major southern city of Edo, an official statement read. “The ..

Cook Inlet Advisory Council Studies Pipeline Leaks

KENAI, Alaska (AP) — The Cook Inlet Regional Citizen’s Advisory Council is almost finished with a pair of reports surveying regional pipelines and the state and federal authorities that oversee them. A natural gas leak last year in Cook Inlet spurred the surveying efforts, the Peninsula Clari..

Appalachia Underground Natural Gas Storage Project Clears 1st Test

NASHVILLE, Tenn. (AP) — Plans for an underground natural gas liquids storage hub pegged as a major job creator for the chemical industry in struggling Appalachia have cleared their first big hurdle. The Appalachia Storage & Trading Hub initiative got approval Wednesday for the first of two applicat..

American Midstream Commences Full Operation of Cayenne Pipeline

American Midstream Partners places the Cayenne pipeline construction project in service.

Forties Pipeline To Return To Normal Rates Around New Year

The Forties Pipeline in the North Sea is expected to return to normal flow rates of some 450,000 bpd around new year, the operator of the pipeline, Ineos, said in its latest media update on the progress of the repairs. Ineos shut the pipeline down on December 11 after discovering a hairline crack i..

Gazprom’s Power Of Siberia To Start Pumping In 2 Years

Gazprom says the Power of Siberia pipeline construction project will be completed in 2019.

A $1.7 Billion Natural Gas Pipeline To Ease The Permian Glut

$1.7 billion natural gas pipeline construction project coming to the Permian Basin.

Haynesville Shale Output Climbs Past 7 Bcf/d

An early center of American shale drilling is roaring back to life, boosted by new petrochemical and fertilizer plants, and liquefied natural gas export terminals along the Gulf Coast. The Haynesville Shale, a giant field in northwest Louisiana, was one of fracking’s hottest spots a decade ago. But ..

PENNEAST: Backers Tout Lower Energy Prices in Fight with Green Groups

Supporters of the PennEast pipeline construction project tout lower energy prices in fight with environmental groups.

New Gas Pipeline Projects Underway in Colombia

Colombia moves ahead with natural gas pipeline construction projects.

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..