Business & Markets

Iowa Officials: Refrigerator Likely Cause of Natural Gas Explosion

FORT DODGE, Iowa (AP) — Authorities say a refrigerator likely touched off an explosion of natural gas that ripped through a house in Fort Dodge. The four residents had just been told to leave the house when the blast occurred Feb. 14. Two were unharmed. Two were taken to a hospital. The Messenger ..

Atlantic Coast Pipeline Gets Air Quality Permit

North Carolina regulators issue air quality permit for the Atlantic Coast pipeline construction project.

Mexico Annual Oil Output Falls Below 2 Million Barrels a Day

MEXICO CITY (AP) — Mexico’s annual crude oil and gas output has fallen below 2 million barrels per day for the first time since comparable yearly records were kept starting in 1990. State-owned oil company Petroleos Mexicanos reported average daily output for 2017 was about 52,000 barrels short of ..

Two LNG Trains Shut but not Impacted After Papua Quake: Exxon Mobil

(Reuters) – Two liquefied natural gas (LNG) trains shut since Monday have not been affected by a powerful earthquake in the remote Papua New Guinea highlands, an Exxon Mobil company executive said on Wednesday. Specialist engineers have been brought in to assess the impact on the PNG LNG project an..

FERC: No Withholding Pipeline Capacity in New England Markets

FERC says New England utilities did not break pipeline regulations.

Appeals Begin over Halted Pipeline Through Atchafalaya Basin

Energy Transfer Partners asks judge to suspend order temporarily halting work on the Bayou Bridge pipeline construction project.

MPLX Announces Successful Joint Binding Open Season on Cushing-to-Patoka Pipeline Expansion

MPLX LP today announced that its subsidiaries MPLX Ozark Pipe Line LLC (Ozark) and Marathon Pipe Line LLC (MPL) have completed a successful joint binding open season on the company’s Cushing-to-Patoka Pipeline Expansion Project, which includes increasing capacity on the Ozark and Woodpat pipelines f..

Judge Agrees to Halt Bayou Bridge Pipeline Construction

Federal judge orders work stoppage on the Bayou Bridge pipeline construction project.

Wyoming Joins Iowa, Ohio In Anti-Pipeline Protest Legislation

Legislation designed to deter protests of pipeline construction projects proposed in Wyoming.

Building Starts on Afghan Leg of Turkmenistan Gas Pipeline

Work commences on the TAPI pipeline construction project in Afghanistan.

Atlantic Coast Pipeline Cost Expected to Increase by $1.5B

The cost to build the Atlantic Coast pipeline construction project is expected to increase by Atlantic Coast Pipeline cost expected to grow by $1.5 billion.

ETP Eyes New Crude Pipeline from Permian Basin to Nederland, Texas

Energy Transfer Partners says it is considering proceeding with a new crude oil pipeline construction project in the Permian Basin.

Plains All American: Capacity Fully Committed on Cactus II

Plains All American Pipeline says capacity is now fully committed on the Cactus II pipeline construction project.

ONEOK to Invest $2.3 Billion in Additional NGL and Natural Gas Infrastructure

ONEOK to proceed with the Arbuckle II pipeline construction project.

Foes Blast Trump on Offshore Drilling; Industry Pushes Back

RICHMOND, Va. (AP) — Environmental activists, business groups and a retired U.S. Navy admiral in Virginia blasted the Trump Administration’s offshore drilling plan Wednesday, claiming that it would interfere with military training near the world’s largest Navy base and imperil the coast’s tourism ..

Judge Orders Gov't Review of Keystone Pipeline Documents

Judge says federal officials must review Keystone XL pipeline construction project documents again.

Report: New U.S. Tax Laws Increase Rate Case Risk on Natural Gas Pipelines

According to a new report, new tax laws increase rate case risk for natural gas pipeline construction projects in America.

Open Season Begins for Haynesville Global Access Pipeline

Tellurian begins an open season for the Haynesville Global Access pipeline construction project.

Gibson Energy to Proceed with Viking Pipeline Project

Gibson Energy receives authorization to proceed with the Viking Pipeline Project.

Groups Want Details on Trump's Approval of Keystone Pipeline

Environmental groups ask judge to force the Trump administration to turn over Keystone XL pipeline construction project documents.

Colorado’s Top Oil, Gas Regulator Joining Energy Consultancy

DENVER (AP) — Colorado’s top oil and gas regulator is stepping down to take a job with an energy consulting company. The Oil and Gas Conservation Commission said Tuesday Director Matt Lepore is resigning on March 4 after more than five years in the job. He’ll become legal counsel and strategic adv..

Oil Pipeline Spill Cleanup Underway in Oklahoma City

YUKON, Okla. (AP) — A spokesman for the Environmental Protection Agency says cleanup is underway in suburban Oklahoma City where about 2,000 barrels of oil spilled from a ruptured pipeline. EPA on-scene coordinator Mike McAteer said Tuesday that workers are skimming oil off the surface of a 7-acre ..

SGA Sets Upbeat Course as Industry Veteran Takes Reins

Bill Cantrell’s father was an accountant by profession and a craftsman at heart, and some of Cantrell’s favorite memories are of helping him make furniture, cabinets and other improvements to their Tampa, Fla., home.  He credits this early enjoyment of building and “making things work” as a factor i..

Pipeline Politics Destroyed Canada’s Reputation for Investors

It took a decade. It happened so gradually few noticed. Those who did were regarded as alarmist. Those opposed who participated, knowingly or otherwise, in an organized, well-financed, multi-year plan to destroy the future of the oil sands were pleased. No country in the world has written more abou..

US LNG Exports Increasing as Facilities Open

In August, total U.S. natural gas liquefaction capacity in the Lower 48 states increased to 2.8 Bcf/d following the completion of the fourth liquefaction unit at the Sabine Pass liquefied natural gas (LNG) terminal in Louisiana. With increasing liquefaction capacity and use, exports averaged 1.9 Bcf..

Big Politics at Work Behind Nordstream 2

There are big politics at work behind the scenes of the Nord Stream 2 pipeline construction project.

Iraqi Oil Minister To Discuss Ceyhan Exports In Turkey

Iraqi oil minister Jabbar al-Luiebi is set to visit Turkey this week to discuss the future of the Ceyhan-Kirkuk oil pipeline, a statement from the Iraqi oil minister said on Monday, according to Reuters. Turkey and Iraq are warming to each other as the two nations seek to undermine the ability of f..

North Dakota Petroleum Council Reconvenes Task Force to Look at Flaring

North Dakota struggles to meet flaring goals as it needs more pipeline construction projects to meet rising natural gas production.

Canada’s Oil Crisis Continues To Worsen

Canada is in dire need of more oil pipeline construction projects.

The End Of The LNG Glut

Predicting Demand is Difficult Many reputable forecasters, who’ve anticipated an LNG supply glut for years, now expect a brief period of surplus at most, and gradual market tightening after 2020. But global demand, which has surprised market watchers to the upside and kept physical markets tight du..