Pipeline
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 ..
Tracking Pipeline Production and Inventories
Since the collapse of oil and gas prices after August 2014, North American pipeline companies have been under pressure to cut costs. For example, Cushing marketplace pipeline earlier this year dropped its already discounted rate for shipping light crude, by another 10% to $2.50 a barrel. The Aleria..
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..
Automating Hydraulic Simulations of Large Number of Scenarios
As PG&E and other utilities perform unparalleled levels of safety-related work on gas transmission systems, frequent and complex pipeline system outages occur throughout the year. This safety work also carries the potential of pressure reductions due to previously undetected system anomalies in the ..
Turkmenistan Abolishes Agencies Managing Key Gas Industry
ASHGABAT, Turkmenistan (AP) — Turkmenistan, which holds the world’s fourth-largest natural gas reserves that are the base of its economy, has abolished two of the primary government agencies responsible for the sector. The central Asian country has been the prime mover in the effort to build a gas ..
Safest Way to Perform Integrity Assessments
Pipeline operators and integrity engineers are facing increasing pressure from regulatory authorities and environmental groups to guarantee pipeline network integrity. This is why it is so important to understand the condition of their assets and perform the necessary inspections to correct potentia..
Wood Group Awarded Subsea Master Service Agreement Extension by Apache
Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache’s routine operation and maintenance works, as well as detailed engin..
MOU Signed for Work on TransCanada's Energy East Pipeline
TransCanada Corporation along with the senior representatives of the four major pipeline unions and the Pipe Line Contractors Association of Canada (PLCAC) have come together to sign a historic Memorandum of Understanding (MOU) for work on the Energy East Pipeline Project. The MOU ensures that thous..
Magellan Midstream to Construct New Pasadena Marine Terminal
Tulsa, OK (AP) – Magellan Midstream Partners plans to build a high-capacity marine terminal and related pipeline at the Houston Ship Channel in Pasadena, TX to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. As part of that project, the ..
Devon Energy Sells Stake in Access Pipeline
Devon Energy Corp. has entered into a definitive agreement to sell its 50 percent ownership interest in Access Pipeline to Wolf Midstream Inc., a portfolio company of CanadaPension Plan Investment Board, for CAD $1.4 billion, or USD $1.1 billion, using current exchange rates. The agreement also incl..
Complaint Filed Against Cascade Natural Gas Over Pipeline Safety
OLYMPIA (AP) — State regulators say that Cascade Natural Gas Corporation is unable to provide required documentation for nearly 40 percent of its high-pressure pipelines in the state of Washington. The Utilities and Transportation Commission filed a complaint against the company Tuesday. The co..
Shawcor Awarded Conditional Contract to Provide Pipe Coating Services for the Tuxpan Gas Pipeline Project
Shawcor Ltd.’s pipe coating group has received a conditional contract worth approximately C$ 300 million from Infraestructura Marina del Golfo (IMG), to provide pipeline coating solutions to the Comisión Federal de Electricidad (CFE) Sur de Texas – Tuxpan gas pipeline project. The Tuxpa..
Valero Acquires 100 Percent Ownership of Parkway Pipeline
Valero Terminaling and Distribution Company, an indirect wholly owned subsidiary of Valero Energy Corporation has purchased the remaining 50 percent membership interest in Parkway Pipeline LLC from a wholly owned subsidiary of Kinder Morgan Inc. effective June 30, 2016, bringing its total interest i..
Keyera to Acquire Additional Ownership Interest in the Alder Flats Gas Plant
Keyera Corp. has agreed with Bellatrix Exploration Ltd. to acquire an additional 35% ownership interest in the Alder Flats Plant and associated gathering pipelines. The total acquisition cost is $112.5 million, which includes the additional working interest in the facilities, a 10-year take-or-pay c..
Companies Will Study Risks, Changes to Enbridge's Underwater Pipeline
MACKINAW CITY, Mich. (AP) — The state of Michigan has tapped two companies to analyze the financial risk of an oil pipeline rupture in the Straits of Mackinac and evaluate any alternatives to two underwater lines in the waterway, officials said Tuesday. Enbridge Energy, based in Calgary, Alberta, h..
New Attack On Nigerian Pipeline Takes 10,000 Bpd Offline
A new attack by the Niger Delta Avengers set back Nigerian oil production by 10,000 barrels per day, according to local media reports. The incident took place late Sunday evening and targeted a pipeline run by Nigerian Agip Oil Company (NAOC) and damaged trunk lines that link terminals for Brass an..
Open Season Underway for Enlink's Greater Chickadee Crude Oil Gathering System in the Permian Basin
A subsidiary of EnLink Midstream Partners, LP has launched a binding open season for volume commitments for common carrier transportation service on its new Greater Chickadee crude oil gathering system with origin points in Upton and Midland counties in Texas and destination points at two terminals ..
Southern Buying Stake in Kinder Morgan’s SNG System
Kinder Morgan will sell a 50% stake in its 7,600-mile natural gas pipeline system to Southern Gas Company for an estimated $1.47 billion. Kinder Morgan will continue to operate the system. The Southern Natural Gas (SNG) system connects gas supply basins in Texas, Louisiana, Mississippi, Alabama and..
N.J. Court Dismisses Trespassing Lawsuit Against PennEast
A New Jersey State Superior Court judge on July 7 rejected a lawsuit filed by HALT, an association of New Jersey landowners, and several of its individual members, that sought to prevent the PennEast Pipeline from being built. The $1 billion underground pipeline will span the 118-miles between Dall..
Second Open Season for Grand Mesa Pipeline Begins
Due to additional interest from shippers, NGL Energy Partners began a second open season for its wholly owned Grand Mesa crude oil pipeline, which will close at 5 p.m. CDT on July 28. The pipeline will provide takeaway capacity for crude oil producers in the Denver-Julesburg Basin and is expected t..
Latest Pipeline Bombing Adds to Industry Woes in Colombia
The government of Colombia and the National Liberation Army (ELN) rebels announced plans to begin peace talks in March but the situation between the two entities has remained tense. It recently deteriorated further when the rebels killed six members of that country’s security force and bombed the Ca..
Essar Projects Wins Contract for Replacement of Indian Oil Pipeline
Construction company Essar Projects won the contract to replace 87 miles (141 km) of 18-inch pipeline in the Koyali-Viramgam section of Indian Oil Corporation’s (IOCL) Koyali-Sanganer pipeline. The contract is valued at $12.6 million (INR 850 million), excluding of the cost of pipes, which are being..
Chinese Companies Splash US$80 Billion on Nigeria Oil, Gas
Chinese businesses have pledged to invest US$80 billion on oil and gas infrastructure projects in Nigeria, the country’s state oil company said. The announcement of the Memorandum of Understanding follows a roadshow in China by Nigeria’s Oil Minister and chief of the Nigerian National Petroleum Cor..
Sierra Club Loses Appeal Over Permit for Enbridge Pipeline
BAY CITY, Mich. (AP) — A federal appeals court has ruled in favor of the government in a dispute over an oil pipeline that runs through a national forest in Michigan’s Oscoda County. The Sierra Club sued the U.S. Forest Service, saying it didn’t prepare an environmental analysis when it renewed Enb..
Canada Court Overturns Approval of Enbridge Oil Pipeline
TORONTO (AP) — Canada’s Federal Court of Appeal has overturned the previous government’s controversial approval of a pipeline proposal that would bring oil to the Pacific Coast for shipment to Asia. In a ruling released Thursday, the court said the former Conservative government did not adequately ..
Energy Transfer Ends Williams Merger
As expected, Dallas-based Energy Transfer Equity (ETE) canceled its merger agreement with the Williams Companies on Wednesday after a Delaware judge issued an opinion last week stating the transaction could be voided. ETE sought for months to kill the deal, announced Sept. 28, as faultering energy ..
TransCanada Sues U.S. Over Pipeline Rejection
LINCOLN, Neb. (AP) — The company that proposed the Keystone XL pipeline is seeking $15 billion in damages from the federal government after the Obama administration rejected the Canada-to-Texas project, a company spokesman said Monday. TransCanada Inc. filed a request for arbitration Friday under t..
Kinder Morgan Sells 50% Interest in Utopia Pipeline Project
Kinder Morgan said it will sell half its interest in the Utopia Pipeline project in Ohio to private equity firm Riverstone Investment Group for an undisclosed amount that will include 50% of Kinder Morgan’s previous expenditure on the $500 million project. Riverstone will also fund its share for the..
Russia-German Pipeline May Break Europe’s Energy Union
In March, nine Central and Eastern Europe (CEE) European Union member states sent a letter to European Commission President Jean-Claude Juncker objecting to the construction of the Nord Stream 2 gas pipeline from Russia to Germany. The letter, signed by the Czech Republic, Estonia, Hungary, Latvia, ..
North Dakota Regulators Holding Hearing on Proposed $5 million Oil Pipeline
WATFORD CITY, N.D. (AP) — North Dakota regulators are holding a public hearing in Watford City on a proposed $5 million oil pipeline in McKenzie County. Plains All American Pipeline has applied for a permit for the Johnsons Corner to Dakota Access Pipeline Project, a 3.5-mile long, 24-inch diameter..
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
- Chevron CEO Wirth Under Fire as Hess Deal Delay Drags Down Stock Performance
