Business & Markets
Line Fill for Grand Mesa Pipeline Begins; Commercial Operations Set for Nov. 1
NGL Energy Partners’ Grand Mesa pipeline began line fill for its newly constructed crude oil pipeline system from Weld County, CO to Cushing, OK, with commercial service expected to start on schedule Nov. 1. Construction of the $18 million Lucerne and Riverside origin stations in Colorado and the co..
Ohio Valley Connector Initiates Transportation Service from West Virginia
EQT Midstream Partners began service Oct. 1 on the Ohio Valley Connector, which provides natural gas transportation service from northern West Virginia to Clarington, OH. The 37-mile pipeline, an extension of the existing Equitrans system, was certificated by the Federal Energy Regulatory Commission..
Michigan Approves Plans for Some Mackinac Pipeline Supports
ST. IGNACE, Mich. (AP) — Michigan officials have approved plans by pipeline company Enbridge to install additional supports for its twin oil pipelines in the waterway where Lakes Michigan and Huron meet. The Michigan Department of Environmental Quality says it issued a permit Monday for Enbridge to..
Growth in Propane Exports Drove US Petroleum Product Export Growth in 1st Half of 2016
In the first half of 2016, the United States exported 4.7 million barrels per day (b/d) of petroleum products, an increase of 500,000 b/d over the first half of 2015 and almost 10 times the crude oil export volume. While U.S. exports of distillate and gasoline increased by 50,000 b/d and nearly 140,..
Gazprom Receives Survey Permit for Two Strings of TurkStream Pipeline
Gazprom has received a survey permit for two strings of the TurkStream gas pipeline’s offshore section in Turkey’s territorial waters. “I would like to highlight the constructiveness and promptness on the part of our Turkish partners,” said Alexey Miller, Chairman of the Gazprom Management Committe..
US Justice Department Issues Subpoena to Chesapeake Energy
OKLAHOMA CITY (AP) — The U.S. Department of Justice has issued a subpoena to Chesapeake Energy Corp. that seeks information on the oil and natural gas producer’s accounting methods for the acquisition and classification of oil and gas properties. Oklahoma City-based Chesapeake disclosed the subpoen..
Trans Adriatic Pipeline Installs First Pipes in Albania
TIRANA, Albania (AP) — The Trans Adriatic Pipeline has started building its gas pipeline in Albania. The TAP on Friday started putting the first of its 13,000 pipes along 215 kilometers (133 miles) in Albania. The pipeline runs 878 kilometers (545 miles) long from the Shah Deniz field in Azerbaija..
US Justice Department Investigating Chesapeake Energy
OKLAHOMA CITY (AP) — The U.S. Department of Justice has opened an investigation into possible antitrust violations by Chesapeake Energy Corp. The agency has subpoenaed documents related to how the driller pays royalty owners and accounts for oil and gas reserves, the Journal Record reported (http:/..
Enbridge Sells Key Pipeline for $1 Billion
Canadian pipeline giant Enbridge has agreed to offload one of its key networks, in Saskatchewan, for US$1.08 billion. The buyer is Tundra Energy, a private energy infrastructure company. The proceeds of the deal will go towards funding Enbridge’s takeover of U.S. Spectra Energy, worth US$28 billion...
NC Regulator OKs Duke Energy-Piedmont Natural Gas Merger
CHARLOTTE, N.C. (AP) — North Carolina regulators are allowing Duke Energy to expand from being the country’s largest electricity company to selling natural gas. Duke Energy Corp. said in a statement Thursday that the North Carolina Utilities Commission has allowed its acquisition of Piedmont Natura..
Pipeline Disruption Leads to Record Gasoline Stock Changes in Southeast, Gulf Coast
The outage of Colonial Pipeline Line 1 between September 9 and September 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast states during the week ending September 16. Colonial’s Line 1 is the largest gasoline supply pipeline linking the Gulf Coast—home ..
Crestwood and SWEPI Enter into Long-Term Gas Gathering Agreement in the Delaware Basin
Crestwood Equity Partners LP has entered into a long-term agreement with SWEPI LP, a subsidiary of Royal Dutch Shell plc, to construct, own and operate a natural gas gathering system in Shell’s operated position in the Permian – Delaware Basin. The system will be owned through Crestwood’s previously..
Trudeau Pushes Through LNG Megaproject Despite Environmental Concerns
The Canadian federal government has given the green light to the $8-billion Pacific NorthWest LNG project, proposed by Malaysia’s Petronas three years ago. The decision is highly controversial because it follows an assessment that found the project will produce significant amounts of CO2, which woul..
Colorado Officials to Visit Oregon about Proposed Pipeline
GRAND JUNCTION, Colo. (AP) — Western Colorado officials will travel to Oregon next week to advocate for a project that would carry natural gas from Colorado to the Pacific Rim. The Grand Junction Daily Sentinel reports (http://bit.ly/2dgZUkD ) that then $5.3 billion project includes a pipeline from..
Swift Energy Selects New Board Chairman
Houston-based Swift Energy Company appointed former Chesapeake Energy executive Marcus C. Rowland as chairman of the Board, a role that had been filled on an interim basis since the company emerged from its Chapter 11 restructuring on April 11. Roland, 64, who was both executive vice president and ..
Rice Energy Acquires Vantage Energy Midstream Assets in Marcellus
Rice Energy entered into a purchase and sale agreement for Vantage Energy, acquiring midstream assets for in a $2.7 billion deal that included acreage in the Marcellus, Utica and Barnett shales, along with debt assumption. In connection with the acquisition, Rice Midstream Partners (RMP) will purcha..
Lack Of Pipeline Capacity Could Force Down Canadian Crude Prices
The pipelines carrying Canadian heavy crude to the U.S. are running at capacity and soon, more oil will have to start being transported by railway as oil sands operators ramp up production. The bad news for these producers is that railway transportation of crude is costlier than pipelines, and they ..
Minnesota Groups Question Proposed Oil Pipeline Plans
DULUTH, Minn. (AP) — Two environmental groups are asking Minnesota regulators to take another look at a proposed oil pipeline in the northern part of the state. MPR News (http://bit.ly/2d6M6ZG ) reported that the Minnesota Center for Environmental Advocacy and Friends of the Headwaters filed a moti..
DTE Energy Spending $1.3 Billion for Natural Gas Assets in 2 States
DETROIT (AP) — DTE Energy Co. plans to spend $1.3 billion for natural gas assets in Pennsylvania and West Virginia. The Detroit-based company announced Monday that an agreement calls for DTE to purchase all of Appalachia Gathering System in Pennsylvania and West Virginia and 40 percent of Stonewall..
Dakota Access Owners Evade Federal Regulators, Buy Land Surrounding Pipeline
Energy Transfer Partners—one of the major stakeholders in the controversial Dakota Access pipeline—bought over 6,000 acres of land surrounding the line’s route in North Dakota, according to several media reports over the weekend. The deal includes lands that the Standing Rock Sioux Tribe says conta..
North Dakota Says No Indian Artifacts Found at Pipeline Site
BISMARCK, N.D. (AP) — A North Dakota state inspection of an oil pipeline site has found no sign of the Native American artifacts or human remains that an American Indian Tribe says are present, the state’s chief archaeologist said in a draft memo. The Standing Rock Sioux tribe had cited the potenti..
Shell: Fire Forces Closure of Key Oil Pipeline in Nigeria
LAGOS, Nigeria (AP) — Shell says a fire has forced it to close a key oil pipeline feeding Nigeria’s strategic Bonny Export Terminal, which militants attacked last week. The ongoing challenges are losing oil multinationals billions of dollars in what used to be Africa’s biggest petroleum producer. ..
Jereh Group Wins Natural Gas EPC Project for China-Myanmar Gas Pipelines
Jereh Group has been awarded an engineering, procurement and construction contract for the natural gas peak-shaving and emergency supply project in Guizhou Province, China. The scope includes a natural gas liquefaction plant with the production capacity of 10.59 MMSCFD and a supporting storage tank ..
PennEast Files with FERC for 26 Route Modifications in Pennsylvania
PennEast Pipeline Company has filed with the Federal Energy Regulatory Commission (FERC) 26 route deviations in Pennsylvania. Examples include: • In Luzerne County, PennEast, in conjunction with landowner consultation, is altering the Pipeline’s current route and relocating the proposed Auburn/Lei..
PennEast Pipeline Submits Seven Route Deviations in New Jersey to FERC
PennEast Pipeline Company LLC has filed with the Federal Energy Regulatory Commission (FERC) seven route deviations in New Jersey in PennEast’s continued effort to reduce impacts on endangered species and wetlands, maintain co-location with existing rights of way and address concerns expressed by la..
Petrobras Sells 90% of Gas Pipeline Unit
Petrobras’ Board of Directors has approved the sale of 90% of the shares of Nova Transportadora do Sudeste (NTS) to Brookfield Infrastructure Partners and its affiliates, through a Private Equity Investment Fund that includes British Columbia Investment Management Corporation, CIC Capital Corporatio..
BP’s Azerbaijan Gas Project Will Cost $18 Billion
BP has revealed the cost of its contracts in the second phase of its development of the offshore Shah Deniz gas and condensate field in Azerbaijan, and the expansion of the South Caucasus pipeline. A message from the company stated that the contracts are worth approximately $18 billion. The project ..
North Dakota Tribes Seek Review of Sacagawea Pipeline
BISMARCK, N.D. (AP) — North Dakota’s oil-rich Three Affiliated Tribes wants a federal appeals court to quickly decide whether a Texas company needed tribal permission to put an oil pipeline and a natural gas pipeline beneath a Missouri River reservoir. The tribes requested that the Sacagawea pipeli..
North Dakota Borrowing $6M for Pipeline Protest Costs
BISMARCK, N.D. (AP) — A North Dakota legislative committee has approved an emergency request to borrow $6 million to cover the cost of law enforcement related to the ongoing protest of the four-state Dakota Access oil pipeline. The state’s Emergency Commission, headed by Gov. Jack Dalrymple, voted ..
Atlantic Coast Pipeline Awards Construction Contract to Spring Ridge Constructors
Atlantic Coast Pipeline, LLC, which has proposed a 600-mile natural gas transmission pipeline to bring much-needed energy to Virginia and North Carolina, has signed a construction contract with Spring Ridge Constructors, LLC (SRC), a joint venture of leading natural gas pipeline construction compani..
- 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
