Pipeline
ONEOK’s Q3 Profit Surges 53% on Rocky Mountain NGL Demand; Annual Forecast Narrowed
ONEOK’s third-quarter profit rose 53%, driven by strong natural gas and NGL demand in the Rocky Mountain region. The pipeline operator narrowed its annual forecast, reflecting growth in its NGL and refined products segments and continued asset expansion.
U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
U.S. liquefied natural gas (LNG) exports could face setbacks if Donald Trump wins the election and imposes a proposed 60% tariff on Chinese imports, analysts say. The move may lead to trade tensions and reduce demand for U.S. LNG from China, affecting export growth.
Crude Oil Imports from Canada Reach Record High After Pipeline Expansion
U.S. imports of Canadian crude hit a record 4.3 million barrels per day in July 2024, spurred by the Trans Mountain pipeline expansion, according to the U.S. Energy Information Administration. The new capacity boosts exports from Alberta to the U.S. West Coast and Pacific markets, impacting Western Canadian Select prices amid evolving refinery demand.
EQT Sells Remaining Pennsylvania Natural Gas Assets to Equinor for $1.25 Billion
EQT Corp. has agreed to sell its remaining Pennsylvania natural gas assets to Equinor for $1.25 billion, with proceeds aimed at reducing debt following its recent pipeline acquisition. The transaction also expands Equinor’s U.S. production footprint in the Marcellus shale.
Phillips 66 Q3 Profit Surges on Midstream and Chemicals Growth
Phillips 66 reported a third-quarter profit surge, driven by strong performance in its midstream and chemicals segments, which helped offset lower refining margins amid softer fuel demand.
New Oil Pipelines from Permian Unlikely as Top Operators Prioritize Expansions
Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of the Permian shale field in West Texas because of tepid volume growth and difficulties constructing new lines.
Ecuador Government to Take Over Crude Pipeline from OCP Ecuador Until New Tender Launched
Ecuador's government will take over operations on a heavy crude oil pipeline from OCP Ecuador until a fresh tender is launched, the nation's energy and mines energy said.
Trans Mountain Plans to Shut Puget Sound Pipeline for November Maintenance
Oil pipeline operator Trans Mountain said it will shut the Puget Sound Pipeline from Laurel to Anacortes, Washington, for about seven days in mid-November to conduct planned maintenance.
Enterprise Products to Develop CO2 Pipeline Network for Occidental 1PointFive
Enterprise Products Partners agreed to develop a CO2 transportation network to support carbon capture firm 1PointFive's hub in southeast Texas.
EQT in Talks to Sell $3.5 Billion in Pipeline Stakes to Blackstone
Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion
South Sudan Aiming to Restart Pumping Oil Through Sudan
South Sudan will resume pumping crude oil for export through a port in neighboring Sudan within a few days, a South Sudanese government official said.
Enterprise Products Not Considering New Permian Oil Pipeline, Says Co-CEO
U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line out of the Permian shale field in West Texas, co-CEO Jim Teague said on Thursday.
U.S. Allocates $196 Million for Natural Gas Pipeline Modernization
The funding, part of President Biden's Bipartisan Infrastructure Law, will support 60 projects aimed at enhancing safety, reducing environmental harm, and lowering energy costs by replacing leak-prone pipelines.
Canadian Natural Boosts Trans Mountain Pipeline Capacity After PetroChina Exit: Report
Canadian Natural Resources is taking over more space on the expanded Trans Mountain pipeline from a unit of PetroChina, boosting its ability to ship crude to markets after buying assets from Chevron.
Permitting Reform Legislation Once Again on the Table
The need to update and improve the arduous process of obtaining the permits needed to get critical infrastructure projects off the ground is a longtime priority among supporters of American energy, especially advocates of infrastructure transporting fossil fuels.
Heavily Corroded Half-Mile Oil Pipeline Restored with Composite Wrap
An underground oil pipeline at a Refinery in Spain was suffering from severe corrosion. If left unchecked, the pipeline, 2,860.8 feet (872 meters) in length, would have incurred severe metal loss.
Four Petroleum Liquids Pipelines Completed in U.S. Since 2023
Four new petroleum liquids pipelines, including three crude oil projects and one hydrocarbon gas liquids (HGL) pipeline, have been completed in the U.S. since 2023, according to data from the U.S. Energy Information Administration’s (EIA) updated Liquids Pipeline Projects Database.
Jacobs to Lead Pre-FEED for 56-Mile East London Hydrogen Pipeline
Spanning 56 miles (90 kilometers) through East London, the pipeline will run north of the River Thames, linking key industrial areas to a reliable hydrogen supply.
Energy Transfer Taps KBR, Technip to Build Louisiana LNG Plant
Energy Transfer has signed a preliminary agreement with KBR and Technip Energies to construct the Lake Charles LNG plant, pending a final investment decision. The project, in development since 2015, requires additional permits and customer agreements to move forward.
New 580-Mile Texas Pipeline Eases Bottlenecks, Boosts Shale Gas and Oil Output
The Matterhorn Express pipeline, the first new natural gas pipeline in the Permian Basin in three years, is alleviating gas bottlenecks and boosting oil production by freeing up gas flow to Gulf Coast export hubs. This new capacity is expected to significantly increase shale output in west Texas.
Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation
Cheniere Energy moves closer to starting production at its Corpus Christi Stage 3 LNG export facility in Texas, receiving federal approval for key operations. The expansion will add around 10 million metric tons per year to U.S. LNG export capacity.
Colonial Pipeline Allocates Cycle 61 Shipments on Distillate Line 2
Colonial Pipeline Co. is allocating space for Cycle 61 shipments on Line 2, which carries distillates from Houston, Texas to Greensboro, North Carolina, the company said in a notice sent to shippers on Thursday.
Kinder Morgan Misses Quarterly Profit Estimates on Weak Prices, Crude Volumes
U.S. pipeline operator Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday, weighed down by weaker commodity prices and lower crude volumes.
Canada Halts Imperial’s Norman Wells Oil Permit Extension Over Pipeline, Environmental Concerns
The SSI outlined concerns about the impact of climate change on the Norman Wells operations and the Enbridge pipeline that transports the oil to Alberta in a September letter to the CER.
ExxonMobil Explores Sale of Bakken Shale Assets in North Dakota
ExxonMobil is exploring the sale of a portion of its assets in North Dakota's Bakken shale, which includes over 800 wells across 49,000 net acres. The sale, part of Exxon's strategy to focus on high-growth assets, could fetch upwards of $500 million.
India Sets $67 Billion Goal to Expand Gas Pipeline Network by 9,630 Miles
India is poised to nearly double its gas pipeline network by investing $67 billion over the next five years. Key projects include the Jagdishpur-Haldia Phase II pipeline and infrastructure developments in the northeastern states.
U.S. Northeast Outlook: Permitting Reforms Seen as Crucial to Region’s Energy Woes
The state of Massachusetts earlier in 2024 joined its fellow New England states, along with Delaware, Maryland, New Jersey and New York in signing a memorandum of understanding (MOU) to establish a framework for coordinating their activities to improve interregional transmission planning and development.
Projects October 2024
Explore the latest updates in pipeline and gas infrastructure, featuring new systems, expansions, and innovative developments shaping the industry. Stay informed on significant projects that enhance operational efficiency and drive growth in the energy sector.
Federal Court Slaps FERC’s Hands on Project Approvals
According to the Interstate Natural Gas Association of America (INGAA), 2023 saw the smallest increase in added interstate pipeline capacity on record in the United States.
Building a Better Mousetrap for Coating Pipeline Girth Welds
The pursuit of building a better mousetrap can often pay off in big ways in terms of efficiencies. Such a productivity payout was the goal for finding a better solution for coating pipeline girth welds in the field – a solution that would speed up the coating process per weld.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- Court Ruling Allows MVP’s $500 Million Southgate Pipeline Extension to Proceed
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Kinder Morgan Gas Volumes Climb as Power, LNG Demand Boost Pipeline Business
