Pipeline

Canada Energy Regulator Approves Enbridge Mainline Toll Settlement

The Canada Energy Regulator said on Monday it has approved a toll settlement between pipeline operator Enbridge and shippers for moving oil along the Canadian mainline.

India Plans $4.95 Billion Natural Gas Pipeline Network for Kashmir, Northeast Region

India expects investment of about $4.95 billion from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh, a minister said on Monday.

Valero Joins Summit's Carbon Capture Project, Extending Pipeline to 57 Ethanol Plants

Valero Energy is joining Iowa-based Summit Carbon Solutions' proposed carbon capture and storage project, which involves a pipeline spanning more than 2,000 miles across Iowa, North Dakota, South Dakota, Nebraska, and Minnesota.

TC Energy to Sell 295-Mile Portland Natural Gas Transmission System for $1.14 Billion

TC Energy said on Monday it has agreed to sell its Portland Natural Gas Transmission System to BlackRock and Morgan Stanley Infrastructure Partners for $1.14 billion.

Projects March 2024

FERC approves MVP’s Southgate gas pipeline extension; Regulator clears Trans Mountain, completion back on; Santos’ subsea pipeline clears construction hurdle; and more!

MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April

Oil producer MEG Energy said on Friday that line fill on Canada's long-delayed Trans Mountain oil pipeline expansion would start from April.

Helix Energy and Talos Energy Strike Deal for Gulf of Mexico Decommissioning

Helix Energy Solutions Group Inc. has announced a five-year joint framework agreement with Talos Energy Inc. in which Talos has agreed to provide Helix the first right of refusal regarding specific annual work scopes for Talos’s decommissioning requirements in the U.S. Gulf of Mexico.

Global News March 2024

Latest industry developments from around the world!

Trans Mountain Successfully Removes Pipe from Final Expansion Section

Trans Mountain Corp., the Canadian government-owned oil pipeline company, said on Wednesday it successfully removed a pipe from the final section of an expansion project that will nearly triple the flow of crude from Alberta to the Pacific Coast.

Trans Mountain Pipeline Expects Q2 Launch, 10% Cost Increase

Trans Mountain Corp., the Canadian government-owned oil pipeline company, continues to target a second-quarter in-service date for its expansion and expects the project's cost to rise 10%, according to a filing.

Canadian Oil and Gas Producers Bump Up Spending, Industry Group Says

Canadian oil and natural gas producers will spend an estimated $30.07 billion on capital projects this year, up slightly from $28.89 billion last year, the Canadian Association of Petroleum Producers (CAPP) said on Tuesday.

Pipeline Firm ONEOK Posts Higher Fourth-Quarter Profit on Strong Volumes

ONEOK, which has about 50,000-mile long network of pipelines, said its Rocky Mountain region natural gas liquids (NGL) raw feed throughput volumes rose by 20%, compared to last year.

Denmark Ends Probe Into 'Deliberate' Nord Stream Pipeline Blasts

Denmark has dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, police said on Monday, becoming the second nation to do so after Sweden closed its own inquiry.

Exxon, EnLink Midstream to Expand CCS Pipeline Transportation Along Gulf Coast

ExxonMobil and EnLink Midstream are exploring opportunities for EnLink to support ExxonMobil's carbon capture and sequestration (CCS) efforts beyond the southeast Louisiana Mississippi River Corridor into several additional Gulf Coast areas.

Scotland's Finnart Pipeline Repairs Projected to Continue Through April

Repair work on the Finnart pipeline that supplies Scotland's only refinery will take longer than expected to complete, five industry sources told Reuters, in the latest in a series of setbacks this year.

Analysis: Trans Mountain Expansion May Offer Short-Term Relief for Canada's Oil Output, Long-Term Challenges Loom

Canadian oil producers expect the discount on their crude to shrink significantly when the Trans Mountain pipeline expansion starts this year, but the relief may be short-lived as surging supply looks set to exceed the country's pipeline capacity in just a few years.

Germany's SEFE Weighs Investments in Hydrogen Storage, Pipelines

German nationalized gas trader SEFE is exploring transforming some of its underground storage caverns and pipelines to clean hydrogen, its CEO said, indicating this could involve investments of roughly $541 million.

CenterPoint Energy to Sell 12,000-Mile Pipeline Network in Louisiana, Mississippi for $1.2 Billion

CenterPoint Energy said on Tuesday it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business.

Occidental Considers $18 Billion Sale of Western Midstream, Sources Say

Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt, according to people familiar with the matter.

Equitrans Delays Mountain Valley Natural Gas Pipeline Again, Increases Projected Cost

U.S. energy firm Equitrans Midstream has delayed the estimated completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter from the first quarter due in part to adverse weather in January.

Pipeline Operator TC Energy Beats Profit Estimates on High Gas Demand

North American pipeline operator TC Energy beat fourth-quarter profit estimates on Friday, boosted by high demand for transporting natural gas.

U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline

U.S. energy regulators on Thursday approved a cross-border pipeline that would export about 2.8 billion cubic feet per day of natural gas from Texas to Mexico Pacific's Saguaro LNG export plant on Mexico's west coast.

Spotlight on Mexico: Sierra Madre Pipeline Signals Nation’s Future

Mexico’s state of Chihuahua and the U.S. company Mexico Pacific have signed an agreement to construct the Sierra Madre Gas Pipeline (STGN). The pipeline will extend 155 miles (250 km) from the Waha Basin in Texas to the border at Chihuahua, then 497 miles (800 km) to Puerto Libertad in Sonora.

Spotlight on Bakken: Gas Expansions Offer Alternative to Permian Constraints

Fueled primarily by U.S. production growth concentrated around the oil-generating geology of North Dakota, the Williston Basin’s midstream footprint has expanded according to the region’s evolving needs.

Hydrogen-Blend Pipelines: Fast-Tracking Innovations Leading Fossil Fuel Resurgence

The year 2023 was a time of extremely conflicting messages for the future of fossil fuels and the sundry clean fuel alternatives to meet distance carbon-free climate change goals.

Gasgrid Confirms On-Track Progress for Balticconnector Pipeline Repair, Targeting April Completion

Finland's Gasgrid on Thursday said preparations for the repair of the Balticconnector gas pipeline between Finland and Estonia were on schedule and estimated that commissioning could take place in April.

Pipeline Operator Targa Resources Expects Profit Growth in 2024 on Strong NGL Transport, Processing

Pipeline operator Targa Resources said on Thursday it expects higher core profit for full-year 2024, helped by its natural gas processing facilities in the Permian, LPG exports and high transport volumes of natural gas liquids (NGL).

Caspian Pipeline Consortium Sees 7% Increase in Oil Exports Year-on-Year in January

The Caspian Pipeline Consortium (CPC) increased crude oil exports by 7% in January from the same month a year ago to 6.116 million metric tons (1.55 million barrels per day), industry sources told Reuters on Tuesday.

Iran's Main Gas Pipeline Hit by Sabotage, Oil Minister Says

Two explosions along Iran's main south-north gas pipeline network on Wednesday were caused by sabotage, the Iranian oil minister told state TV, without naming any suspects.

U.S. Appeals Court Rejects Renewed Challenge to Mountain Valley Pipeline

A federal appeals court has for the second time rejected a challenge by property owners to the Mountain Valley Pipeline's use of eminent domain, finding that a federal law bars the case despite a recent U.S. Supreme Court ruling that made it easier to sue federal agencies.