Business & Markets
Proposed Power Plant Would Use Atlantic Coast Pipeline
CHESAPEAKE, Va. (AP) — A company wants to build a natural gas plant on the Elizabeth River that could utilize a controversial pipeline project. The Virginian-Pilot reported (http://bit.ly/2cBGA0t) Wednesday that the facility would be built in Chesapeake by the New York-based Macquarie Infrastructur..
Apache May Have Struck It Big in West Texas
DALLAS (AP) — A Houston driller is boasting of a big new oil and gas discovery in West Texas. Apache Corp. believes there could be 3 billion barrels of oil and 75 trillion cubic feet of natural gas in an area it calls Alpine High. The company announced its discovery Wednesday after two years of dr..
Arkansas Regulators OK Plan for Pipeline to Cross Waterways
LITTLE ROCK, Ark. (AP) – State regulators in Arkansas have approved plans for a $900 million crude-oil pipeline to cross five waterways in the state. The Arkansas Public Service Commission approved the request from Diamond Pipeline LLC, which plans to build a 440-mile pipeline that will move oil fr..
North Dakota Authorities to Build Up Presence Before Oil Pipeline Ruling
BISMARCK, N.D. (AP) — North Dakota authorities are sending officers from across the state to the site of a protest in anticipation of a federal judge’s ruling on a request by the Standing Rock Sioux to block construction of a four-state oil pipeline. U.S. District Judge James Boasberg is expected t..
Rangeland Energy Brings RIO Pipeline into Service
Rangeland Energy has brought the 110-mile, 12-inch RIO Pipeline into commercial service transportation of crude oil and condensate to market from the Delaware Basin. The 125,000 bpd pipeline originates at the RIO State Line Terminal in Loving County, TX, a gathering hub at the Texas-New Mexico bord..
Forest Service Raises Concern About Pipeline Path
RICHMOND, Va. (AP) — The U.S. Forest Service says it is “highly concerned” about the potential impact a proposed natural gas pipeline could have on a wild brook trout stream in Bath County. The Forest Service filed comments Thursday with regulators about the proposed path of the Atlantic Coast Pipe..
Oil Pipeline Protest Turns Violent in Southern North Dakota
BISMARCK, N.D. (AP) — A protest of a four-state, $3.8 billion oil pipeline turned violent after tribal officials say construction crews destroyed American Indian burial and cultural sites on private land in southern North Dakota. Morton County Sheriff’s Office spokeswoman Donnell Preskey said four ..
Pipeline Operator Enbridge to Buy Spectra Energy for $28 Billion
NEW YORK (AP) — Canada’s Enbridge is buying Houston-based Spectra Energy for about $28 billion, creating North America’s largest energy infrastructure company. Both companies operate pipelines that deliver oil and natural gas. Under the terms of the deal announced Tuesday, Spectra Energy sharehold..
Williams Partners Advances Gulf Connector Project
Williams Partners said Transcontinental Gas Pipe Line Company filed an application with the Federal Energy Regulatory Commission (FERC) to construct a 475,000 dekatherm per day (Dth/d) expansion in Texas and Louisiana that would connect natural gas supplies with global LNG markets. Constructed in t..
US Takes Key Step to Implement Sage Grouse Conservation Plan
DENVER (AP) — Federal land managers issued guidelines Thursday for restricting energy development, livestock grazing and other activities on public land in the West to protect the greater sage grouse, part of a broad effort to save the bird without resorting to listing it as an endangered species. ..
Judge Won't Immediately Stop Pipeline Construction
BISMARCK, N.D. (AP) — An oil-rich American Indian tribe in North Dakota was handed a setback Thursday in its fight against a Texas company building oil and natural gas pipelines beneath a lake on its reservation. The Three Affiliated Tribes ordered the project halted last month, saying Sacagawea Pi..
California Moves to Add Methane Limits to Climate Agenda
SACRAMENTO, Calif. (AP) — California Democrats are taking further steps to advance the state’s ambitious climate-change agenda, agreeing to regulate methane emissions from landfills and dairy farms for the first time and approving $900 million in spending on environmental programs. The approval cam..
Oil Pipeline Protesters Disrupt Second Construction Site
BISMARCK, N.D. (AP) — Authorities say some Dakota Access oil pipeline protesters are disrupting construction about 20 miles west of a main protest site in southern North Dakota. Morton County Sheriff’s Office spokeswoman Donnell Preskey says at least two people were arrested Wednesday morning at th..
Pipeline Company Seeks Restraining Order Against Protesters
DES MOINES, Iowa (AP) – The company building an oil pipeline across Iowa is asking a federal judge to issue a restraining order against two protest groups and their leaders. Dakota Access filed the action in Des Moines on Monday against Iowa Citizens for Community Improvement, Bold Iowa and their d..
Cyprus, Egypt Sign Deal Paving Way for Gas Pipeline
NICOSIA, Cyprus (AP) — Cyprus and Egypt signed an agreement Wednesday that paves the way for the supply of gas to the Arab nation via an undersea pipeline that officials hope will create a regional energy hub. Cypriot Energy Minister Yiorgos Lakkotrypis and Egypt’s Petroleum Minister Tarek el-Molla..
Canadian Energy East Pipeline Hearing Cancelled After Protestors Raid Venue
A hearing regarding the status of the construction of the controversial Energy East Pipeline in Canada was suspended on Monday at the orders of Montreal Mayor Denis Coderre after a group of protestors disrupted a meeting on the issue, according to Canada’s National Energy Board. “The Energy East Mo..
Uganda Grants 8 Oil Production Licenses to Total, Tullow
Uganda’s government on Tuesday issued eight oil production licenses to two foreign companies, moving the East African country closer to becoming a producer of crude.Five of the licenses were granted to Britain’s Tullow Oil while France’s Total was given three, after years of regulatory delays and ta..
Regulator: Dakota Access Pipeline Worker Killed in Accident
BISMARCK, N.D. (AP) — A man working on the four-state Dakota Access oil pipeline was killed in an apparent accident in western North Dakota, a state regulator said Saturday. North Dakota Public Service Commissioner Brian Kalk said the man, whose name has not been released, died of his injuries Frid..
Lengthy Construction Delay of Iowa Pipeline Denied
DES MOINES, Iowa (AP) — The Iowa Utilities Board denied Thursday a request by a group of landowners to halt construction of an oil pipeline beyond this week. The three-member board voted in a brief afternoon meeting against a lengthy stay of construction of the Dakota Access pipeline on parcels of ..
Record-Low Lease Bidding Reflects Dismal Time for Gulf Oil
NEW ORLEANS (AP) — The federal government’s annual sale of oil and gas leases in the Gulf of Mexico attracted hardly any interest on Wednesday, reflecting a dismal outlook for offshore drilling. Only three oil companies bid, on just 24 of the nearly 4,400 tracts offered for drilling and exploration..
UGI Energy Begins Construction of Sunbury Pipeline
UGI Energy Services celebrated the start of construction on its Sunbury Pipeline with a groundbreaking ceremony in central Pennsylvania near the Panda Hummel Station power plant it will serve. The 35-mile-long pipeline will carry natural gas from the Transco interstate pipeline in eastern Lycoming ..
Oil Pipeline Subject of Federal Hearing, Small Work Stoppage
BISMARCK, N.D. (AP) — A Texas company that’s building an oil pipeline across four states was told Wednesday by the Iowa Utilities Board to stay away from the properties of 15 Iowa landowners until Monday to give board time to review legal issues involving a lawsuit. Also Wednesday, a federal judge ..
Dominion-Questar Merger Moves Closer After Approval From Utah PSC
The Public Service Commission of Utah has approved the merger between Dominion Resources, Inc. and Questar Corporation, subject to terms and conditions of an agreed settlement stipulation. With this action, the final regulatory approval needed to complete the merger is pending with the Wyoming Publi..
Judge Moves Pipeline Protest Hearing, Says Sides Should Meet
BISMARCK, N.D. (AP) – A federal judge has postponed a hearing on whether a preliminary injunction should be issued to prevent protesters in North Dakota from interfering with construction of an oil pipeline. U.S. District Judge Daniel Hovland moved the hearing scheduled on Thursday to Sept. 8. The ..
Feds to Livestream Gulf Oil and Gas Lease Sale
NEW ORLEANS (AP) — The federal government says that, for the first time, it’s broadcasting an oil and gas lease sale live on the internet. The sale Wednesday offers all 23.8 million acres available for drilling and exploration in the Gulf of Mexico off the Texas coast. At earlier sales, an officia..
Natural Gas Blamed in Aug. 10 Apartment Explosion
SILVER SPRING, Md. (AP) — A buildup of natural gas caused an explosion and fire that killed seven people and injured dozens of others at a Maryland apartment building Aug. 10, investigators said Friday. The exact cause of the explosion remains under investigation, but Daniel Board, special agent in..
7 People Detained in Plot to Bomb Georgian Gas Pipeline
TBILISI, Georgia (AP) — Georgia’s intelligence agency says it has detained seven people suspected of plotting an attack on a gas pipeline that carries Russian gas to Armenia. The State Security Service said in a statement on Monday that it detained five people on Saturday who were planning to bomb ..
Natural Gas Pipelines Hit by Artillery Fire in Eastern Ukraine
hree natural gas pipelines were damaged overnight by artillery fire in Ukraine’s self-proclaimed eastern republic of Donetsk, Russian media reported on Friday, citing gas supplying company Donbassgas. Repair units are working to fix damages, according to Russia’s Tass news agency. Relations betwee..
Gas Flows to Millions in Thailand While Pipeline Repaired
Responsible for providing Thailand with 20% of its natural gas supply, PTT Exploration and Production Public Company Limited (PTTEP) work to make sure natural gas production from the Bongkot and Erawan production platforms, located in the Gulf of Thailand, flow with little disruption. Since replaci..
Understanding OPEC, OECD Influence on Crude Oil Markets
The Energy Information Administration (EIA) accounts for oil supply and demand by reporting on OPEC and OECD countries. So it is worth looking at both organizations to understand better what they are and how they operate. The Organization of Petroleum Exporting Countries is a permanent, intergovern..
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