Oil
API-AOPL Annual Report Shows Liquids Pipeline Incidents Down Significantly
The American Petroleum Institute (API), in coordination with the Association of Oil Pipe Lines (AOPL) has released the 2019 API-AOPL Liquids Pipeline Performance Report, which details a 20% decrease in liquids pipeline incidents impacting people or the environment over the last five years despite increases in both pipeline mileage and barrels delivered.
New Pipelines Drain West Texas Crude Stocks to 4-Month Low
Crude inventories in West Texas dropped in February to the lowest in four months after a converted pipeline began transporting crude from the nation’s biggest shale oil field to the U.S. Gulf Coast, according to data from Genscape.
China Plans State Pipeline Company to Spur E&P
China is expected to introduce a plan this year to combine the long-distance pipeline assets of its state-owned energy companies into a single, national oil and gas pipeline group and open access to private and foreign energy producers.
Operational Intelligence Needed in Preparing for Oil and Gas Upswing
In the oil and gas industry, pressure can ramp up twofold during peak times and companies must figure out how to maximize extraction to optimize return.
Growing Offshore Activity Creates Infrastructure Demand
Growing offshore exploration and production activity at locations around the globe is creating stronger demand for construction of pipelines and subsea infrastructure.
Trump Signs New Permission for Keystone XL Pipeline
U.S. President Donald Trump on Friday signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous permits in a fresh attempt to get around the blocking of the $8 billion project by a court in Montana.
UK Oil and Gas Authority Releases Data on Over 3,000 Pipelines
Earlier this week, the UK Oil and Gas National Data Repository (NDR) was launched with over 130 terabytes of data covering thousands of pipelines, offshore wellbores, and seismic surveys going back more than 50 years. This is believed to be one of the largest ever single open releases of data in the industry.
U.S. Shale Boom Drawing Big Oil Back to Permian Pushing Out Independents
Major oil companies are pouring money and resources back into the Permian after new shale discoveries and improvements in technology will enable the U.S. to quickly become the world's second largest oil producer behind only Saudi Arabia.
Project Delays Sink Oil Sands Output in 2019
Canadian Oil Sands production in 2019 will be almost 230,000 b/d lower than last year, according to ESAI Energy’s recently published North America Watch.
Petrobras Looking at $10 Billion in Divestments, Including Pipeline Unit
Roberto Castello Branco, the chief executive of Brazil’s Petroleo Brasileiro SA, said he believes the company will divest $10 billion in assets in the first four months of 2019, aided by the sale of a major pipeline unit.
Global News
Finland, Estonia and Latvia Sign Deal for Single Gas Tariff Zone Gas transmission operators of Finland, Latvia and Estonia signed an agreement on to set up a single gas transmission tariff zone for the three countries from the start of 2020. The agreement fulfills a goal ..
Corrosion Protection Through New Cost-Effective Coating
A growing number of proactive companies are going beyond traditional techniques that have only slowed corrosion. They are turning to a new category of tough, chemically bonded phosphate ceramics (CBPCs) that can stop carbon steel corrosion, extend equipment life, and minimize the cost and production downtime required to recoat, repair, or replace equipment.
Storage Tanks Explode at Venezuela Heavy Oil Project
Two storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a legislator.
NACE International Roundtable: Corrosion Management for Pipeline Integrity
To explain the value of corrosion management systems (CMS), how they work, and what programs and platforms are available to help organizations improve corrosion control programs, three experts in oil and gas pipeline corrosion management share their knowledge and experience with CMS. They are Michael Ames, Chapman Engineering; Gerry Koch, DNV GL; and David Kroon, Aegion Corporation.
ExxonMobil Ups Permian Output Target to 1 Million Barrels per Day by 2024
ExxonMobil said Tuesday it has revised its Permian Basin growth plans to produce more than 1 million BOE/d by as early as 2024 – an increase that is driving significant pipeline and infrastructure development.
S.D. Governor Targets Out-of-State Funding for Pipeline Protests
South Dakota Gov. Kristi Noem said Monday that she's proposing legislation before construction begins on the Keystone XL oil pipeline that would create a way to go after out-of-state money that funds pipeline protests.
Nigeria Blast did not Involve Nembe Creek Trunk Line
A fire in the southern Nigerian area of Nembe did not involve the Nembe Creek Trunk Line (NCTL) or other pipelines, operator Aiteo said on Monday.
Navigator Announces Glass Mountain Expansion, Extended Voyager Open Season
Navigator Energy Services said it will significantly expand its Glass Mountain Pipeline System (GMP) with new segregated crude grades, more storage and transportation capacity, additional origin points and expanded market access at Cushing. It also extended its open season with Magellan Midstream for their proposed 500-mile Voyager Pipeline.
ET Completes Successful Bakken Open Season, Texas System Expansion
Energy Transfer said it completed a successful open season for its Bakken Pipeline system and placed its expanded North Texas gas pipeline in service while announcing record 2018 financial results.
Canadian National Train Derails in Manitoba, Leaks Oil
A Canadian National Railway Co train derailed in Western Canada and leaked an undetermined volume of crude oil. The incident comes as crude oil shipments by rail in Canada reached a record high due to full pipelines.
CEPA Seeks Common Ground on Bill C-69
Canada’s energy transmission pipeline companies are clear on what amendments they would like to see, and we ask the Canadian government to take the time to get this right.
Bakken Shale: North Dakota's Growth Engine
The Bakken Shale play has catapulted sparsely populated North Dakota to the No. 2 oil-producing state behind Texas, eclipsing historically oil-rich states such as Alaska and California.
Projects
Bulgaria Seeking Binding Bids for TurkStream Link Bulgaria’s state gas network operator Bulgartransgaz plans is seeking binding bids from shippers for a new gas link to transport mainly Russian gas from the TurkStream pipeline to central Europe, Reuters said, based on company documents. ..
Phillips 66, Kinder Morgan Announce Gray Oak Open Season
Phillips 66 Partners and Kinder Morgan announced the start of a joint open season by Gray Oak Pipeline, LLC and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from origin points in the Permian Basin to KMCC delivery points at or near the Houst..
Section of Keystone Pipeline Shut Down after Leak
TransCanada Corp said a stretch of its Keystone crude oil pipeline from Nebraska to Illinois remained shut down on Monday after a leak was discovered last week near St. Louis, Missouri.
Noble, Apache, Diamondback Affiliates Buy Stakes in EPIC Pipelines
EPIC Midstream announced Monday that Noble Midstream Partners exercised its option for a 30% equity stake in the EPIC Crude Pipeline Project and a 15% equity stake in the EPIC NGL Pipeline. Also Monday, EPIC also said an Altus Midstream subsidiary and Diamondback Energy's Rattler Midstream subsidiary exercised options for 15% and 10%, respectively, in the EPIC Crude Pipeline Project.
Projects
FERC Approves Final 2 Laterals on Rover Pipeline Energy Transfer said service has begun on the final two laterals of Rover Pipeline following final approval from the Federal Energy Regulatory Commission (FERC). Rover has been operational since August 201..
Today’s Oil Patch Success: 'It’s Technology, Stupid!'
Upstream and midstream executives have been quick to tell investors how technology and innovation are adding efficiency and cost savings to their operations, even coming out of a three-year global price depression for oil.
2019 Global Pipeline Construction Outlook
The upstream sector started the new year on a cautious note following a sharp decline in oil and gas prices, but the midstream sector roared into 2019 on a wave of pipeline construction activity. The latest Pipeline & Gas Journal survey indicates 145,353 miles of pipelines were planned or under construction worldwide at the start of the year.
Open Season Launched for ACE Pipeline System in Louisiana
Phillips 66 Partners, Harvest Midstream and PBF Logistics commenced an open season for the ACE Pipeline System after agreeing to jointly develop the 400,000 bpd Louisiana project.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
