Business & Markets
Dutch-owned Gasunie at Heart of ‘Magic Gas Roundabout’
Gasunie, the Dutch state-owned gas infrastructure company worth more than 10 billion euros, lies at the heart of Northwest Europe’s gas transmission network. The system consists of a gas transmission grid in the Netherlands and parts of northern Germany. Its interconnected pipeline network links cu..
Ghana’s Sankofa Gas Project a Game Changer
Ghana’s Sankofa Gas Project (SGP) is focused on the development and subsequent production of two offshore natural gas fields within the OCTP (Offshore Cape Three Points) bloc. OCTP is comprised of the Sankofa and Gye Nyame non-associated gas fields, and the separate Sankofa East oil field (estimated..
Dakota Access Pipeline: A New Artery for Bakken Crude
The past two years (2015-16) will not be remembered as anything like the preceding ones of robust growth when new energy infrastructure was sprouting up like weeds, particularly on the North Dakota prairie atop the Bakken Shale play, and Justin Kringstad has had a front row seat on the roller coaste..
Shell’s Ajay Shah on Developing Gas Markets
Shell Vice President Ajay Shah leads a global team responsible for gas market development from the regasification terminal through to the local downstream market. He has worked in Shell’s gas and power division for over half his career and was part of the team responsible for the start-up of Hazira,..
Pipeline Company Reaches Deal with Arkansas Water Utility
CLARKSVILLE, Ark. (AP) — A western Arkansas water utility and a company building a $900 million oil pipeline have reached a deal to protect drinking water sources from potential spills. Diamond Pipeline LLC and the Clarksville Light and Water Co. finalized a $6.6 million deal Wednesday. The 440-mil..
North Dakota Pipeline Construction Halted Until Court Date
BISMARCK, N.D. (AP) — Developers of a $3.8 billion, four-state oil pipeline have agreed to halt construction near an American Indian reservation in southern North Dakota until a federal court hearing next week in Washington, D.C. The Standing Rock Sioux Tribe is suing federal regulators for approvi..
North Dakota Regulators Approve 3 Pipeline Projects
BISMARCK, N.D. (AP) — North Dakota regulators have approved siting permits for two crude oil pipelines and a natural gas liquids pipeline. ONEOK Bakken Pipeline LLC plans a 14.4-mile natural gas liquids pipeline in McKenzie County. BOE Pipeline LLC plans a 41.8-mile crude oil pipeline in Dunn and M..
Oil Pipelines In Louisiana May Soon Be Buried At Sea
Louisiana’s shrinking coastline is causing headaches for the oil industry in that state, as an eroding coast and rising sea waters are threatening oil infrastructure. The coastline is disappearing at a rate of approximately 20 square miles per year, which could mean that more than 610 miles of pipe..
Supplemental Open Season Underway for Bakken Pipeline Transport
Dakota Access and Energy Transfer Crude Oil Company (ETCO) launched a binding supplemental open season on Aug. 12 to solicit shipper commitments for the Bakken Pipeline. The two companies expect incremental transportation capacity for Bakken/Three Forks production will be determined based on these ..
Sioux Tribe Leader Wants Political Help to Halt Oil Pipeline
BISMARCK, N.D. (AP) — A tribal leader Wednesday said he contacted the White House and met with North Dakota’s senators in an effort to halt construction of a $3.8 billion, four-state oil pipeline that crosses the Missouri River near an American Indian reservation in southern North Dakota. Standing ..
Court: Ratepayers Can't be Asked to Finance Gas Pipelines
BOSTON (AP) — The highest court in Massachusetts is blocking electric utilities from passing on to ratepayers the costs of building new natural gas pipelines. The Supreme Judicial Court in its unanimous decision Wednesday said state regulators made a mistake in approving the tariffs and authorizing..
Judge Orders Protesters Not to Interfere with Oil Pipeline
BISMARCK, N.D. (AP) — A federal judge is ordering protesters in North Dakota not to interfere with the construction of a $3.8 billion, four-state oil pipeline. U.S. District Court Judge Daniel Hovland granted the developer’s motion for a temporary restraining order Tuesday. Dakota Access filed a l..
Court Hearing Set for Friday on Effort to Halt Oil Pipeline in Iowa
DES MOINES, Iowa (AP) — As work progresses on an oil pipeline crossing Iowa, opponents are holding protest rallies and taking the state utilities regulators to court in hopes of stopping construction. A hearing is scheduled for Friday in Des Moines on a motion to stay construction on several ..
Oil Pipeline Construction Halted Amid Talks With Protesters
BISMARCK, N.D. (AP) —Developers of a $3.8 billion, four-state oil pipeline halted construction Tuesday while law enforcement and tribal leaders in North Dakota met to discuss a resolution to an ongoing protest. Morton County Sheriff Kyle Kirchmeier says he met with tribal leaders to “negotiate ..
Gazprom Partners in Nord Stream Quit Merger Talks
Gazprom’s partners in the Nord Stream-2 pipeline project have given up the merger plan that would have seen Gazprom, Shell, OMV, French Engie, and German Uniper and Wintershall combine into a consortium to build a gas pipeline under the Baltic Sea. The change of plans was prompted by opposition fro..
FERC Approves Construction of $3.2B Sabal Trail Pipeline
GAINESVILLE, Fla. (AP) — Construction of a new $3.2-billion natural gas pipeline that will travel through three Southeastern states could begin within a week after the project received its final approvals on Friday despite years of challenge from environmental groups. The Gainesville Sun reports (h..
Dakota Access Pipeline Owners Sue North Dakota Protesters
BISMARCK, N.D. (AP) — Developers of a $3.8 billion, four-state oil pipeline sued in federal court Monday to stop protesters near an American Indian reservation in North Dakota to stop interfering with the project, alleging the safety of workers and law enforcement are at risk. Dakota Access LLC fil..
Plans to Protect Rare Colorado, Utah Birds May Limit Pipeline ROW
DENVER (AP) — Federal land managers announced long-awaited plans to protect the rare Gunnison sage grouse, a bird found only in Colorado and Utah. The Bureau of Land Management released a nearly 1,000-page document late Thursday proposing restrictions on energy development, roads and grazing. The ..
Feds Probing if Fire at Texas Refinery Pipeline Connection Caused by Welder
NEDERLAND, Texas (AP) — Federal investigators are reviewing whether a welding contractor working on a crude oil pipeline connection under construction might have helped ignite a flash fire that injured seven people at a Southeast Texas refinery. The Beaumont Enterprise reports (http://bit.ly/2aTW1j..
PBF Logistics to Acquire Torrance Valley Pipeline Interest
PBF Logistics plans to acquire a 50% interest in Torrance Valley Pipeline Company (TVPC) from an affiliate of PBF Energy for about $175 million. The two companies expect to close the deal. TVPC owns the 189-mile San Joaquin Valley Pipeline system with a throughput capacity of 110,000 bpd. The syste..
Eastern Shore Natural Gas Receives FERC Approval to Expand Firm Natural Gas Transportation Service
The Federal Energy Regulatory Commission has approved Eastern Shore Natural Gas’ application to expand firm natural gas transportation service to Calpine Energy Services’ Garrison Energy Center in Dover, Delaware. When completed, Eastern Shore Natural Gas will transport 45,000 dekatherms per day of ..
Opposition to Oil Pipeline Heats Up in North Dakota, Iowa
BISMARCK, N.D. (AP) — American Indians blocked crews constructing the $3.8 billion Dakota Access oil pipeline in North Dakota on Wednesday, while Iowa landowners are asking a judge to halt work in their state until their constitutional challenges are heard. Law enforcement was called to keep the pe..
Align Midstream Announces Acquisition Of Processing & Trunk Line Assets
Align Midstream Partners closed on the acquisition of a 100 MMcf/d natural gas processing facility and a 51-mile trunk line system from Azure Midstream Partners for $44.9 million. Panola I is a cryogenic gas processing plant located in Panola County, TX that has access to five residue gas pip..
China Could Quadruple Gas Imports By 2030
China has become the usual suspect when it comes to commodity prices. Whether it’s crude oil or copper, LNG or gold, China is almost invariably the first place everyone looks for an explanation as to why prices are up or down. Now Asia’s largest economy is on its way to swing the international gas m..
Williams, Williams Partners Selling Canadian Businesses to Inter Pipeline
Williams and Williams Partners agreed to sell the companies’ Canadian businesses to Inter Pipeline Ltd. for combined cash proceeds of $1.03 billion. Williams will waive $150 million of incentive distribution rights in the quarter following closing to simplify the of inter-company contracts. After ta..
Caliber Bear Den Interconnect Pipeline Open Season Underway
Caliber Bear Den Interconnect LLC, a wholly-owned subsidiary of Caliber Midstream Partners, LP, has launched a binding open season to solicit commitments for a new Caliber Bear Den Interconnect Pipeline that will be constructed from the Enable Midstream Partners, L.P. Bear Den Gathering System in Mc..
Welspun Receives $47 Million to Build Oil Pipeline
LITTLE ROCK, Ark. (AP) – Welspun Tubular says it’s received a $47 million order to help build a 440-mile pipeline that will carry oil from Cushing, Oklahoma, to Memphis, Tennessee. Welspun and Diamond Pipeline LLC say the order accounts for approximately two-thirds of the pipe needed to build the D..
Eastern Shore Natural Gas Receives FERC Approval to Construct Facilities in Delaware
Chesapeake Utilities Corp. announced that the Federal Energy Regulatory Commission (FERC) has approved plans by Eastern Shore Natural Gas (ESNG), Chesapeake Utilities’ interstate natural gas transmission subsidiary, to construct pipeline and compression facilities to preserve the reliability and fle..
NEB Conditionally Approves Vaughan Mainline Expansion Project
Canada’s National Energy Board (NEB) has approved an application from TransCanada PipeLines Limited to construct and operate approximately 11.7 km of new natural gas pipeline in the City of Vaughan, Ontario, subject to 19 conditions. The Board’s written reasons will be released on or before Septembe..
Bear Paw Receives Approval to Construct LNG Pipeline
Bear Paw Pipeline Corporation Inc., an indirect wholly owned subsidiary of Liquefied Natural Gas Limited (LNGL), has received Nova Scotia Utility and Review Board approval to construct a 62.5 km natural gas pipeline from Goldboro to the proposed Bear Head LNG liquefied natural gas export facility in..
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- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
