Business & Markets
Solomon Forecasts Gas Demand for Oil Sands to 2025
Solomon Natural Gas Services (Solomon) recently released its Gas Demand for Alberta Oil Sands to 2025 report,[1] which represents the first major revision by Solomon in 10 years; driven primarily by the slide in oil and bitumen prices since late 2014. The report analyzes more than 150 producing, un..
Is Gas War Between U.S. And Canada Looming?
The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging over $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in the U.S. The..
Columbia Pipeline Group Reaches 99% Availability
Changes to the oil and gas industry in the United States have put pressure on transmission companies to optimize their systems, add flexibility and respond more quickly to a fluctuating industry landscape. While many companies in the industry have been struggling to change, others have been more for..
Do Canadians Want To Stay In The Oil Business?
The Canadian oilpatch is facing unprecedented challenges from uncontrollable forces outside its borders where oil prices and the vast majority of supply and demand are determined. There are a variety of variables. A light tight oil boom in the U.S. adding production in volumes not so long ago thoug..
Election Results Could Be Good News for Oil Majors
Iran’s Feb. 26 parliamentary and Assembly of Experts elections saw strong gains for pragmatic forces, heralding a new openness in Iran and a much better window of opportunity for foreign businesses and the development of the country’s further oil and gas potential. While no one won a solid majority..
Gas Utilities Launch New EPA Program to Reduce Emissions
In their latest effort to reduce greenhouse gas emissions, 37 AGA-member natural gas utilities launched the U.S. Environmental Protection Agency’s Natural Gas STAR Methane Challenge Program on March 30, whereby oil and gas companies can make and track commitments to reduce emissions and showcase eff..
Iran Targets India to Gain Crude Export Market Share
Iran’s waterborne crude oil exports reached 53.4mn bbls, or 1.7mn bpd in March 2016, up 140,000 bpd from February 2016, as the country sends more crude to India following the removal of economic sanctions in January 2016. Iran’s export target markets have shifted in 2016 from East Asian to Indian r..
Outlook: Gas Market, Full Steam Ahead
Significant changes loom over the global gas and liquefied natural gas (LNG) market in 2016, as emerging players backed by huge reserves start to elbow established suppliers aside. Will a sanctions-free Iran, home to the world’s second-largest gas reserves, realize its regional supply agreements? An..
St. Louis Gets an Upgrade: Laclede Replaces 235 Miles of Pipelines
Like many utilities operating in urban areas, The Laclede Group is faced with aging infrastructure. The company is tackling this challenge head on by undertaking a major upgrade to natural gas distribution systems operated by its three subsidiaries: Laclede Gas in St. Louis, Missouri Gas Energy in ..
The Changing Landscape of Gas Infrastructure in the U.S.
The U.S. gas infrastructure has undergone significant changes in the last decade. The oil story has been closely covered by the media both domestically and internationally. We are all aware that domestic U.S. oil production has risen so dramatically that its dependency on imports has fallen to the e..
Gold Shovel Standard™ Announces Foundational Members
Special to Pipeline & Gas Journal Gold Shovel Standard, a non-profit association created for the purpose of expanding the Gold Shovel Standard program, announced March 23 that PG&E, Xcel Energy, Kinder Morgan and Dominion Virginia Power have joined together as foundational members to further develo..
Burner Tips: The Steps Before the Negotiation Room
What Energy Executives Should Be Asking Themselves Today In the first half of 2015, Chesapeake trailed only ExxonMobil as the top producer of natural gas. At the time, natural gas was down over half from the $6.15/MMBtu peak seen in the previous year, sliding daily. Highly hedged, $10 billion in d..
Constitution Pipeline Updates In-Service Date
Cabot Oil & Gas announced the Constitution Pipeline Co. has pushed back its projected in-service from the fourth quarter of 2016 to the second half of 2017. The adjustment is to ensure compliance with the environmental conditions of Federal Energy Regulatory Commission (FERC) and the U.S. Fish and W..
Duke Wins Approval for Florida Gas Plant
All required regulatory approvals and permits have been received for Duke Energy’s combined-cycle natural gas plant in Citrus County, FL. Fluor has started hiring workers and crews are clearing the land and building the site up 8 feet for flood protection. The plant’s first 820 MW is expected to com..
Medallion Begins West Texas Expansion
After a successful binding open season, Medallion Pipeline is moving forward on an expansion of its West Texas crude system. The project involves 49 miles of new pipeline in Howard County to an interconnect on Medallion’s Wolfcamp connector mainline in Glasscock County to transport 45,000 bpd of cru..
Woodside, Sempra May Partner on LNG Development in Texas
Woodside affiliate, Woodside Energy (USA) Inc. (WUSA), has entered into a project development agreement (PDA) with Sempra LNG & Midstream, an affiliate of Sempra Energy, to assess construction of the Port Arthur LNG natural gas liquefaction facility in Port Arthur, TX. If the project moves forward,..
Company and Association News
Association News The American Petroleum Institute last month presented its 2015 Distinguished Safety and Environmental Award to Chevron Pipe Line Co. and Wolverine Pipe Line Co. This is API’s highest safety and environmental performance award for pipeline operators and was presented to the compani..
Chevron’s First Shipment of LNG from Gorgon Departs Australia
Chevron Corp. announced March 20 that its first shipment of liquefied natural gas (LNG) from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia. The cargo was to be delivered to one of Chevron’s foundation buyers, Chubu Electric Power, for delivery into Japan...
EIA Says New Projects Could Make Australia No. 1 LNG Exporter
A report released March 30 by the U.S. Energy Information Administration (EIA) suggests that Australia could become the largest LNG bas exporter within three years. The EIA said the massive Gorgon project shipped its first cargo to Japan earlier in the month and that three more projects in eastern A..
CMA Actuators Enable Shale Gas Well Compliance with EPA Mandates
Special to Pipeline & Gas Journal Rotork CMA electric control valve actuators provide an efficient and reliable process control solution that enables remote shale gas installations to operate in compliance with new U.S. government environmental legislation related to venting and greenhouse gas emis..
Wood Group Wins Shell Industrial Services Contract
Wood Group has a new three-year contract with Shell to deliver industrial services to the St. Fergus gas-processing plant in Aberdeenshire, Scotland and the Mossmorran gas-processing plant and Braefoot Bay marine terminal in Fife, Scotland. Wood Group PSN’s industrial service line business, Wood Gr..
KBR Wins Contract for Canadian LNG Project
KBR won a multi-phased contract for front-end engineering and design (FEED) for the Woodfibre LNG Project in the District of Squamish near Vancouver, B.C. KBR’s Houston office will provide FEED services for the proposed 2.1 million mtpa liquefaction plant and export facility. The work will include F..
NEB Re-Opens Public Energy East Hearing
Canada’s National Energy Board (NEB) re-opened the Energy East application to participate process (ATP) for a three-week period, running through April 20. Energy East is a 2,795-mile pipeline designed to carry 1.1 MMbpd of crude oil from Alberta and Saskatchewan to refineries in Eastern Canada. The..
Protesters Block Train Tracks to 2 Washington Refineries
SEATTLE (AP) — Hundreds of climate activists on Saturday marched to the site of two refineries in northwest Washington state to call for a break from fossil fuels, while a smaller group continued to block railroad tracks leading to the facilities for a second day. Protesters in kayaks, canoes, on b..
Encana Looking To Divest $1 Billion in Canadian Shale Assets
Canadian oil and gas producer Encana is reportedly planning to sell off more major shale assets in western Canada, after the company reported earlier this month major loss for the year’s first quarter and fall of revenue. Encana, the second-largest gas producer in North America, is looking to sell ..
US Rig Count Drops 9 This Week to 406, Another All-Time Low
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped by nine this week to 406, another all-time low amid depressed energy prices. A year ago, 888 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday 328 rigs sought oil and 86 explored..
Shell: Skimmers in Gulf to Clean Up 88,200 Gallon Spill
NEW ORLEANS (AP) — Crews were preparing to clean up an oil spill in the Gulf of Mexico after about 88,200 gallons of oil were released from a Shell flow line about 90 miles off the coast of Louisiana, the company said Friday. Shell said five boats were dispatched to clean up oil they can skim off t..
Shell Nigeria Declares Force Majeure as Attacks Cut Production
WARRI, Nigeria (AP) — In a story May 11 about attacks on Nigerian oil installations, The Associated Press erroneously reported that Shell had closed its Bonny oil terminal. Shell declared force majeure but exports continue. A corrected version of the story is below: Shell declared force majeure on..
Where Will Halliburton and Baker Hughes Go From Here?
Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for each firm. While HAL is taking a tough hit to its balance sheet with the enormous $3.5 billion break-up fee to BHI, that figure is actually ..
US Proposes to Cut Methane from Oil, Gas by Nearly Half
WASHINGTON (AP) — The Obama administration issued a final rule Thursday to sharply cut methane emissions from U.S. oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next decade. The rule by the Environmental Protection Agency ..
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