Business & Markets

Settlement Reached in 2016 Seattle Natural Gas Explosion

SEATTLE (AP) — The state’s largest energy utility will pay at least $1.5 million for a natural gas explosion in Seattle’s Greenwood neighborhood last year. The Washington Utilities and Transportation Commission on Monday approved a settlement between Puget Sound Energy and commission staff reached ..

Report: Massachusetts Distribution Companies See Spike in Residential Customers:

Massachusetts’ natural gas distribution companies have added 200,000 residential customers since 2000, employ more than 4,000 workers directly and pay over $100 million annually in city and town property taxes. These are some of the key findings from a new Northeast Gas Association (NGA) report, 20..

Sabal Trail to Begin Operations by End of June

The Sabal Trail pipeline construction project is expected to be fully operational by the end of June.

Downed Power Line Ignites Natural Gas Leak in Pittsburgh

PITTSBURGH (AP) — Residents of about 40 homes near Pittsburgh have been forced to stay inside after a downed power line ignited a leaking natural gas line, causing a fire. A tree downed by lightning is being blamed for knocking down the wire early Monday, just after midnight. Sparks from the downed..

2nd Pipeline Under Straits of Mackinac Passes Pressure Test

MACKINAW CITY, Mich. (AP) — Enbridge says a second oil pipeline beneath the Straits of Mackinac in northern Michigan has passed a pressure test required in a Justice Department agreement following a 2010 oil spill in southwestern Michigan. The most recent test was Friday on one pipeline that’s part..

Plains All American Launches Open Season for Delaware Basin to Cushing Pipeline

Plains All American launches open season for the Delaware Basin to Cushing pipeline construction project.

Judge Won't Allow Trump to be Added to Pipeline Lawsuit

Federal judge says President Trump can't be named as a defendant in a lawsuit concerning the Dakota Access pipeline construction project.

Israel's Prime Minister: Med Pipeline Would be 'Revolution'

Israeli Prime Minister Benjamin Netanyahu promises to promote plans for a Mediterranean undersea natural gas pipeline construction project.

Ruling on Dakota Access Pipeline Surprises Oil Industry

U.S. oil industry shocked by judge's ruling concerning the Dakota Accesspipeline construction project.

Settlement Reached in Arkansas Oil Spill Case

LITTLE ROCK, Ark. (AP) — Exxon Mobil has settled a lawsuit over a 2013 pipeline spill that dumped tens of thousands of gallons of crude oil into an Arkansas neighborhood. Attorneys representing 64 families announced the settlement Thursday. They say terms will remain confidential. Exxon did not im..

Judge: Redo Part of Analysis for Dakota Access Pipeline

Judge orders the Corps of Engineers to redo its environmental analysis of the Dakota Access pipeline construction project.

Medallion Completes Successful Open Season for Midland Basin Pipeline

Medallion Midstream successfully closed its binding open season for a major expansion of its existing crude oil pipeline system in the Midland Basin. The expansion will nearly double the capacity of Medallion’s existing Wolfcamp Connector mainline system through a partial loop of the Wolfcamp Connec..

Analysts: Much Deeper OPEC Cuts Are Needed

The International Energy Agency had a nasty surprise for OPEC and its partners in the oil output cut agreement today. According to the authority, non-OPEC production in 2018 will increase by 1.5 million barrels daily – a rate that will surpass the growth of global demand. The figure is particularly..

The Fourth Industrial Revolution Is Fueled By Oil

Artificial intelligence is already here, with algorithms replacing traders on Wall Street and tanker watchers in ports. Robots are here, too, drilling wells and cleaning pipelines, assembling cars, and performing surgery. Make no mistake, the fourth industrial revolution is accelerating and it is ru..

Nebraska Commission Sets Another Hearing for Keystone XL

Nebraska Public Service Commission sets another public hearing for the Keystone XL pipeline construction project.

TransCanada Plans NGTL Expansion

TransCanada to spend $2 billion on pipeline construction project.

North American Pipeline Capacity Crisis Looms Large

Without more pipeline construction projects, Canada won't be able to capitalize on growing oil production.

West Virginia's Senators Push for Appalachian Natural Gas Hub

CHARLESTON, W.Va. (AP) — West Virginia’s U.S. senators have introduced legislation intended to help establish a major natural gas storage and distribution hub in the Appalachian region. Their legislation would designate it a “critical energy infrastructure” project, which they say would make ..

Baker Hughes, GE Reach Merger Agreement with DOJ

Baker Hughes and General Electric Company reached an agreement with the Department of Justice on Monday that would allow the parties to complete their proposed merger. Pursuant to a proposed consent decree filed in District Court in Washington, D.C., GE agreed it will divest its GE Water & Process ..

WPX, Howard Energy Partners Form JV to Develop Permian Midstream Assets

WPX Energy and Howard Energy Partners agree to form a joint venture to develop midstream assets in the Permian, including a pipeline construction project.

Natural Gas Built Qatar, Now May Protect it in Gulf Dispute

DUBAI, United Arab Emirates (AP) — Natural gas built the high-rises of Qatar’s capital, put the Al-Jazeera satellite news network on the air and a fleet of passengers jets for its state carrier in the sky. Now, it may be what protects Qatar as it is in the center of the worst diplomatic crisis to st..

TransCanada Requests U.S. Regulators Pause Pipeline Review

TransCanada wants U.S. regulators to pause their review of the Upland pipeline construction project.

Northern Gas Pipeline Construction Gets Green Light

Jemena receives green light to start building the Northern Gas pipeline construction project.

More than 600 Miles of Power of Siberia Construction to Be Finished in 2017

Gazprom says it will complete more than 684 miles of the Power of Siberia pipeline construction project this year.

Open Season Extended Again for Pipeline Construction Project

Plains All American extends the open season for the Permian Basin to Cushing pipeline construction project again.

Pipelines Beneath Straits of Mackinac Getting Pressure Tests

MACKINAW CITY, Mich. (AP) — Pipeline company Enbridge is conducting federally required pressure tests on twin oil pipelines beneath the Straits of Mackinac in northern Michigan. The Detroit News reports (http://detne.ws/2sKtk1e ) a test is Saturday on one pipeline that’s part of Line 5 and the othe..

America’s Unstoppable LNG Boom

Since Cheniere sent America’s first LNG cargo abroad in early 2016, U.S. gas exports have reached buyers in Latin America, Europe, Asia, and even the Middle East. The shale gas boom allowed the U.S. to send cargoes overseas, easing some of the domestic glut, with exports hitting a new monthly record..

ENGIE to Expand Mexican Natural Gas Pipeline

ENGIE to expand the Energia Mayakan natural gas pipeline in Mexico.

Top Virginia Environmental Official Defends Pipeline Reviews

Virginia Department of Environmental Quality director defends reviews of Atlantic Coast and Mountain Valley pipeline construction projects.

Environmental Groups Sue over Pipeline Permitting Decisions

Environmental groups take legal action against Virginia regulator's Atlantic Coast and Mountain Valley pipeline construction project permitting decisions.