Business & Markets
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..
Enbridge-Marathon Company Buy Stake in Bakken Pipeline Project
Energy Transfer Partners and Sunoco Logistics Partners agreed to sell 36.75% of the Bakken Pipeline Project, which includes the Dakota Access pipeline and the Energy Transfer Crude Oil pipeline, to MarEn Bakken, jointly owned by Enbridge Energy Partners and Marathon Petroleum, for $2 billion in cash..
EnLink Midstream Forms JV with NGP to Expand in Delaware Basin
General partner EnLink Midstream and NGP Natural Resources XI formed a joint venture to operate and expand natural gas, natural gas liquids and crude oil midstream assets in the liquids-rich Delaware Basin. The new Lobo II expansion will include a cryogenic natural gas processing facility with capac..
Centurion Midstream Acquires Permian Crude Transport
Centurion Midstream Group acquired Permian Crude Transport, a growing provider of integrated crude logistics services with operations throughout the Permian Basin. PCT will operate as a separate, wholly owned subsidiary of Centurion, and Jarrett Vick will remain as its president. “Permian Crude Tra..
Pipeline Construction Equipment Damage is Suspected Arson
DES MOINES, Iowa (AP) — Machinery located at three oil pipeline construction sites in central Iowa was found extensively damaged by fire Monday in what the company building the pipeline called a shameful act. There’s little doubt the fires were intentionally set along the Dakota Access pipeline, sa..
Open Season Launched for Spire STL Pipeline
Spire Inc. has launched an open season to broadly solicit commercial interest in capacity for the Spire STL Pipeline. Open season bids are due by August 19, 2016 for service beginning as early as November 1, 2018. The proposed 70-mile steel pipeline would interconnect to the Rockies Express Pipelin..
Enterprise Products Partners Natural Gas Plant Could Restart by Year's End
JACKSON, Miss. (AP) — A Pascagoula natural gas processing plant heavily damaged by a June 27 explosion could restart operations before the end of the year. James Teague, CEO of Houston-based Enterprise Products Partners LP, made the comments Thursday to investors during a conference call after the ..
Nigeria Loses 700,000 bpd Crude Output To Militant Attacks
Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the Nigerian National Petroleum Corporation (NNPC) show. Nigeria’s oil output is currently 1.5 million bpd compared to what would be a regular..
Coast Guard: Abandoned Pipe Leaks Oil in Southeast Louisiana
NEW ORLEANS (AP) — Cleanup was underway Tuesday on an oil spill caused by a leak from an abandoned pipeline in southeast Louisiana waters. The Coast Guard says the leak happened in an abandoned pipeline near marshland along Lake Grand Ecaille. The area of coastal marshes and open water is about 60 ..
European Development Bank Considers Funding Gas Pipeline
TIRANA, Albania (AP) — The European Bank for Reconstruction and Development is looking to support financially the development of the Trans Adriatic Pipeline, which plans to bring gas across the Balkans and on to Italy. President Suma Chakrabarti told Albanian Prime Minister Edi Rama during a visit ..
Canada to Ban Rail Cars Involved in Fiery Crash
MONTREAL (AP) – Canada’s transport minister says the rail car model involved in a fiery crash that killed 47 people in Quebec three years ago will no longer be allowed to transport oil in Canada as of Nov. 1. Marc Garneau said Monday that older tankers, called DOT-111 cars, and a version jacketed w..
Environmentalists Take Aim at TransCanada Pipeline Project
BOSTON (AP) — Environmentalists are again taking aim at the company that proposed the Keystone XL pipeline — this time for another of its projects they fear would send hundreds of supertankers laden with crude oil down the Atlantic coast to refineries in Texas and Louisiana. TransCanada is behind t..
Dakota Access Pipeline Gets Federal Permit Approvals in Iowa
DES MOINES, Iowa (AP) — The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings i..
Developers Seek More Time to Build Constitution Pipeline
ALBANY, N.Y. (AP) — Constitution Pipeline Company is asking federal regulators for more time to build a 124-mile natural gas pipeline from Pennsylvania’s shale fields to eastern New York. The Federal Energy Regulatory Commission approved a permit for the pipeline in December 2014 on condition..
Workers: Force Majeure at ExxonMobil Nigeria May Last Weeks
WARRI, Nigeria (AP) — The force majeure — or freedom from contractual obligations because of extraordinary circumstances — declared by ExxonMobil on Nigeria’s largest crude stream could last a month because of extensive damage to its 300,000 barrel-a-day Qua Iboe export terminal, workers of the U.S...
Husky Energy Says Crude Oil Leaked into River
MAIDSTONE, Saskatchewan (AP) — Canadian energy company Husky Energy says between 52,834 gallons (200,000 liters) and 66,043 gallons (250,000 liters) of crude oil and other material has leaked into the North Saskatchewan River in west-central Canada. Husky Energy said Friday that booms are being use..
Russia May Take Bourgas-Alexandroupolis Pipeline Off Shelf
An oil pipeline project that was suspended due to financial problems a few years ago may once again be on the agenda because of the latest events in Turkey. Bourgas-Alexandroupolis was conceived of as an alternative to transporting crude from Russia to the world via the Bosphorus strait, a congeste..
Water Midstream Completes Saltwater Pipeline Disposal Extension
Dallas-based Water Midstream Partners completed the southern extension to its Midland County, TX commercial pipeline system, connecting new oil and gas wells inside and adjacent to the city of Midland to its Saltwater Disposal Well on State Highway 158. The extension bring the pipeline system to 9...
SwRI Wins DOE Funding to Advance Gas-Fired Power Plants
Southwest Research Institute (SwRI), of San Antonio, is a member of three teams awarded about $18.2 total funding by the U.S. Department of Energy’s National Energy Technology Laboratory to develop technologies advancing power generation. The initiative to improve gas turbine components and super-c..
Feds Order More Upgrades to Spectra Pipelines After Blast
GREENSBURG, Pa (AP) – A federal agency has ordered a natural gas pipeline company to upgrade three lines buried in western Pennsylvania, including one that has corrosion similar to a fourth line that blew up in April, scorching some 40 acres. The Pipeline & Hazardous Materials Safety Administration..
New Mexico Gas Co. Plans Natural Gas Pipeline to Mexico
ALBUQUERQUE, N.M. (AP) – New Mexico Gas Co. says it’ll seek a federal permit to begin building a natural gas pipeline from southern New Mexico to Mexico. Company spokesman Teala Kail says the $5 million project would extend the company’s existing pipeline in Santa Teresa about five miles to the U.S..
Enbridge to Pay $61M Penalty for 2010 Michigan Oil Spill
Enbridge Energy Partners will pay a $61 million penalty for the costliest inland oil spill in U.S. history — a pipeline rupture in southwestern Michigan that polluted a nearly 40-mile stretch of the Kalamazoo River, federal officials said Wednesday. The settlement between U.S. government agencies a..
Duke Energy CEO: Buyout Foresees Greater Natural Gas Demand
RALEIGH, N.C. (AP) — Duke Energy Corp.’s purchase of Piedmont Natural Gas Co. will create a company with the financial resources to expand the distribution of natural gas across the country as utilities shift further away from coal to the cleaner-burning fuel, the chief executive of the country’s la..
Hearing Set in Tioga on Proposed $4.5 Million Oil Pipeline
TIOGA, N.D. (AP) – North Dakota regulators have scheduled a public hearing in Tioga later this month on a proposed $4.5 million oil pipeline in Williams County. Hess North Dakota Export Logistics LLC is seeking a permit for the new Energy Transfer Partners Pipeline project. The proposed 12-inch dia..
What Lies Ahead for Oil Prices
Oil prices are measured in 42-gallon barrels. The history of this tradition dates back to 1866, soon after Edwin Drake drilled the first oil well in the United States in Titusville, PA in 1859. In 1866, a group of independent oil producers met in Titusville and decided that the 42-gallon barrel was ..
Natural Gas Vehicles: Accurately Measuring Tank Fills
With the discovery and development of vast domestic gas shales in the United States over the past decade, this expanding energy resource has led to broader appeal of natural-gas-fueled vehicles (NGVs). Vehicle manufacturers are increasing the number of their NGV offerings, and the natural gas refue..
Smart Gas Meter Market Worth USD 2.27 Billion by 2021
Research and Markets has announced the release of the “Smart Gas Meter Market – Global Trends & Forecast to 2021” report. The smart gas meter market is projected to grow at a CAGR of 7.24% from 2016 to 2021 to reach USD 2.27 Billion by 2021. Government policies and mandates in developed economies a..
- 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
