Business & Markets
Gas Industry Looks Toward Long Haul Amid Stagnant Prices
The prevailing thinking within the natural gas industry appears to be that the low-price environment is here to stay, prompting more players to pursue a strategy designed to optimize current assets while cutting costs rather than waiting for a recovery. This is according to the newly released Black..
China Expanding its Oil and Gas Pipeline Network
China to invest in oil and gas pipeline construction projects over the next decade.
Are Natural Gas Prices Ready to Explode?
American natural gas prices are at their lowest since February. As I write this in mid December, Henry Hub is off 11 cents to $2.79 per thousand cubic feet (or million BTUs), having lost 8.8% in value for the week and 12% for the month. The reason is simple: overall demand is coming in lower than t..
North Dakota Oil Industry Missed Natural Gas Flaring Target in October
BISMARCK, N.D. (AP) — Revised numbers show North Dakota’s oil industry failed to meet the state’s natural gas flaring goals in October. The latest numbers from the Mineral Resources Department show the industry flared slightly more than 16 percent of natural gas produced in October — not 15 percent..
Mainline Extension Part of Plains, Matador Resources Strategic Partnership
Matador Resources Company today announced a strategic relationship between a subsidiary of the company’s 51%-owned midstream joint venture, San Mateo Midstream, LLC, and a subsidiary of Plains All American Pipeline, L.P. to gather and transport crude oil in the Rustler Breaks asset area in Eddy Coun..
Nord Stream 2 Is A Game Changer For Gazprom
The Nord Stream 2 pipeline construction project would provide Gazprom with a significant boost.
The World’s Most Innovative Gas Field
New pipeline construction projects help capitalize on surging Appalachian natural gas production.
PennEast Pipeline Approved
FERC approves the PennEast pipeline construction project.
Environmental Groups Challenge Key Approval for the Atlantic Coast Pipeline
Environmental groups take legal action concerning key Atlantic Coast pipeline construction project approval.
Contract Awarded for Australian Pipeline Construction Project
Nacap receives contract for the Yamarna Gas pipeline construction project in Australia.
US Oil Output is Booming and Seen Outpacing Saudis, Russia
PARIS (AP) — A global energy agency says that U.S. oil production is booming and is forecast to top that of heavyweights Saudi Arabia and Russia this year. The International Energy Agency said in its monthly market report released Friday that U.S. oil production, which has already risen to its high..
Dakota Access Protester Accused in Shooting Arrested
Woman accused of shooting at law enforcement officials during the Dakota Access pipeline construction project arrested for violating terms of pretrial release.
Kinder Morgan Delays Trans Mountain Launch Again
Kinder Morgan said it would have to delay the start of the expansion of its Trans Mountain pipeline by another three months, to December 2020, its chief executive Steve Kean said at the presentation of the company’s fourth-quarter results. The US$5.95-billion expansion project still needs to gather..
TransCanada Says It's Moving Forward with Keystone XL Pipeline
TransCanada says it will move forward with the Keystone XL pipeline construction project.
Iraq, BP Sign Initial Deal to Develop Kirkuk Oil Fields
BAGHDAD (AP) — Iraq and British energy giant BP have signed a memorandum of understanding to develop lucrative oil fields in the country’s north. The Oil Ministry’s statement quotes BP’s president for the Middle East region, Michael Townshend, as saying that his company will conduct surveys and stu..
EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
American crude oil output is set to rise by 1.8 million barrels per day from the nation’s largest shale producing areas over the next year, according to new forecasts by the U.S. Energy Information Administration (EIA). Just next month, national output will climb up 111,000 bpd. The Drilling Produ..
WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
Volume constraints on the Keystone pipeline system levied by U.S. regulators have widened the spread between Western Canadian Select crude prices and benchmark American crude prices, but the steep discount is set to moderate, according to emerging reports. Growing volumes from Alberta’s oil sands h..
J.D Power Study: Customer Satisfaction with U.S. Natural Gas Utilities Reaches All-Time High
According to J.D. Power’s 2017 Gas Utility Business Customer Satisfaction Study, natural gas utility business customer satisfaction scores have reached an all-time high. With an overall satisfaction score of 792 (on a 1,000-point scale), gas utility business customers are now the most satisfied amon..
Construction Underway on TurkStream Terminal
Work begins on the receiving terminal of the TurkStream pipeline construction project.
MPLX Launches Joint Binding Open Season for 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 commenced a joint binding open season on the combined Ozark 22-inch and Woodpat 22-inch pipelines from Cushing, Oklahoma, to Patoka, Illinois. The joint binding open season provides i..
Pipeline Protester Accused in Dakota Access Shooting Reaches Plea Deal
Dakota Access pipeline construction project protester reaches plea agreement.
Construction Begins on Oil Pipeline Project in Nigeria
Work begins on an oil pipeline construction project in Nigeria.
Groups Opposing Planned Pipeline Sue Company for Records
Environmental groups file lawsuit to get access to records concerning the Bayou Bridge pipeline construction project.
North Dakota Oil Output Cut Back to Meet Gas Capture Rules
BISMARCK, N.D. (AP) — Fearing sanctions by the state, some North Dakota oil drillers have begun cutting output to control the amount of natural gas that’s being burned off at well sites and wasted as a byproduct of crude production, industry and state officials say. Rebounding oil prices and techno..
Gulf Publishing’s Energy Web Atlas Releases New Features for Real-Time LNG Intelligence Service
Gulf Publishing Company, a leading provider of data and technical information for the international energy industry, announced today several enhancements to the Energy Web Atlas (EWA) applications. The ESRI-based geographic information system (GIS) platform allows users to examine real-time project ..
Utility: Weight of Fill Material Caused Gas Pipeline Fire
ORION TOWNSHIP, Mich. (AP) — A Michigan utility says the weight of 21 feet of fill material was responsible for a November gas line rupture and massive fire in Oakland County’s Orion Township. Jackson-based Consumers Energy says Monday in a statement that the weight of the material “stressed the pi..
Michigan Tech Engineer to Lead Line 5 Study
Michigan Technological University professor selected to lead Line 5 pipeline construction project study.
Pipeline Construction Project Application Filed
Application filed for a natural gas pipeline construction project in Pennsylvania.
ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
Colombia’s Transandino pipeline stopped operating on Sunday after a bomb planted by ELN rebels caused a crude spill into a nearby river, according to a joint announcement by Ecopetrol and the military. The National Liberation Army (ELN) is reported to be restarting its militancy against state force..
China Gas Imports Hit All-Time High
China imports a record amount of natural gas, showing the country needs more natural gas pipeline construction projects.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
