North America
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..
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..
Williams Starts Up 2nd Canadian Off-Gas Processing Plant
Williams’ second off-gas liquids extraction plant, a key asset in the company’s Canadian midstream and petrochemical complex is up and running. The new plant boosts domestic production of feedstocks and significantly reduces emissions in the oil sands production process, while recovering valuable na..
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 ..
Entek to Sell Off Entire Gulf of Mexico Portfolio
Australian Entek Energy Limited has entered into an agreement with Houston-based Peregrine Oil & Gas to sell the company’s entire Gulf of Mexico portfolio for almost $3 million as market conditions continue to take their toll. Entek will be divesting its 38-percent interest in the GA A133 block and..
Shell Relinquishes Offshore Leases in Alaska's Chukchi Sea
ANCHORAGE, Alaska (AP) — The only company to drill an exploratory oil well in Alaska’s Chukchi Sea following a 2008 federal lease sale confirmed Tuesday it has relinquished nearly all of its leases. Royal Dutch Shell PLC formally relinquished all but one of its leases in the waters off Alaska’s nor..
Most of Canada's Oil Sands Production Shut Down by Wildfire
EDMONTON, Alberta (AP) — The majority of Canada’s oil sands industry has stopped production and will only start back up when it is “absolutely safe” but that should happen soon, Alberta’s premier said Tuesday after meeting with company officials to discuss the impact of the massive wildfire that des..
Coastal GasLink Pipeline Receives All Remaining Construction Permits
TransCanada received the last two of 10 pipeline and facilities permits required from the BC Oil and Gas Commission (OGC) for the Coastal GasLink Pipeline Project. The project now has approval for construction and operation of the proposed pipeline and related facilities. The $4.8 billion pipeline ..
Convoy Waits for Dawn, Hoping to Flee Canadian Oil Sands Wildfire Zone
FORT MCMURRAY, Alberta (AP) — Canadian officials waited for dawn Friday to see whether it will be safe for a convoy of evacuees to get out of the fire-ravaged Fort McMurray area. Gasoline tankers were being sent in to top up fuel tanks for a drive to the south. Meanwhile, a mass airlift of evacuee..
Natural Gas Net Imports in 2015 at Lowest Level Since 1986
U.S natural gas net imports fell to 2.6 billion cubic feet per day (Bcf/d) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcf/d. While both U.S. natural gas consumption and production have increased in recent years, natural gas production has grown slig..
Husky Energy to Portion off Midstream Assets for $1.7 Billion
Husky Energy will sell 65% ownership interest in select midstream assets in the Lloydminster region of Alberta and Saskatchewan to Cheung Kong Infrastructure Holdings and Power Assets Holdings Limited (PAH). Husky, which will remain the operator, will receive $1.7 billion of gross cash proceeds, whi..
Enbridge $7.5 Billlion Pipeline Replacement Gains Conditional Approval
CALGARY, Alberta (AP) — Canada’s National Energy Board has granted conditional approval to a massive Enbridge Inc., project to replace a pipeline that would enable more Canadian crude to flow into the U.S. The $7.5-billion Line 3 Replacement project involves rebuilding a 1031-mile (1,660-kilometer)..
ExxonMobil Begins Production at Point Thomson Project
ExxonMobil has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad facilities are designed to initially produce about 5,000 bpd of condensate and 100 MMscf/d of recycled gas. The recycled gas is re-injected for future recovery. At..
Update: 24 Dead in Mexico Petrochemical Plant Blast; 8 Missing
COATZACOALCOS, Mexico (AP) — The death toll from an explosion that ripped through a petrochemical plant on Mexico’s southern Gulf coast is now 24, state oil company Petroleos Mexicanos reported. Pemex raised the toll late Thursday from the 13 fatalities previously known and said eight workers remai..
Blast Kills 13, Injures Dozens at Mexico Petrochemical Plant
MEXICO CITY (AP) — An explosion killed 13 people and injured scores at a petrochemical plant on Mexico’s southern Gulf coast, forcing evacuations as a fire billowed a huge toxin-filled cloud into the air. The head of Mexico’s civil defense agency, Luis Felipe Puente, wrote in his Twitter account Th..
ExxonMobil Starts Production at Julia Oil Field in Gulf of Mexico
IRVING, TX – Oil production started under budget and ahead of schedule at the Julia oil field in the Gulf of Mexico, ExxonMobil said Tuesday. The first production well is now online and a second well will start production in the coming weeks. The Julia development is located 265 miles southw..
Emerson to Upgrade Mexico’s Gas Pipeline Infrastructure
Mexican oil and gas giant Pemex and ENGIE, a French energy company, have selected Emerson to help upgrade and expand Mexico’s gas pipeline infrastructure. The $8.9 million project is part of Mexico’s energy reform initiative. Because existing natural gas availability is expected to fall short of dem..
Weak Market Could Delay Alaska LNG Project
(This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about the Alaska LNG project. We will provide further updates as more information is available). The weak global market for liquefied natural gas – years of expected o..
Canada’s Energy Industry, Part II: Globally Focused Growth Projects
At the beginning of 2016, Calgary, Alberta-based midstream developer and operator Veresen, Inc. had $1 billion invested in two gas-processing facilities under construction in the prolific Montney shale play in parts of British Columbia and Alberta. In giving guidance on a conference call just before..
CEPA: 2015 in Review – 5 Pipeline Milestones
Special to Pipeline & Gas Journal The Canadian Energy Pipeline Association (CEPA) marked several pipeline milestones in 2015. These initiatives are designed to help make transmission pipeline operations safer and more transparent for Canadians and the environment: Pipeline Performance Report ..
New Opportunities Arise with Demand in Mexico
In the southern United States, Texas finds itself awash with gas while Mexico, its southern neighbor, has seen a decline of 24% in its domestic natural gas production since 2010 and is unable to meet rising domestic demand, according to a recent presentation by Kenneth S. Culotta, of the Houston ene..
Pipeline Industry Needs Clarity About Canada’s Regulatory Process
Recent polling suggests Canadians recognize that pipelines are the safest way to transport oil, that the National Energy Board garners a significant amount of public trust and that Quebeckers would rather get their oil from Alberta than Saudi Arabia. And still we find ourselves engaged in a politica..
Mexico Announces over $4 billion in Aid for Struggling Pemex
MEXICO CITY (AP) — The government announced more than $4 billion in aid Wednesday for state oil company Petroleos Mexicanos, whose finances, production and exploration projects have been hit by the fall in crude prices. The package will include a direct infusion of $1.5 billion to the company bette..
Canada Provides Record-High Share and Amount of U.S. Crude Oil Imports in 2015
Although total U.S. crude oil imports in 2015 continued to be lower than levels reached during the mid-2000s, imports from the United States’ top foreign oil supplier—Canada—were the highest on record, according to annual trade data from EIA’s Petroleum Supply Monthly. Canada provided 4 out of every..
TransCanada to Build Tula-Villa de Reyes Pipeline in Mexico
TransCanada has been chosen to build, own and operate the Tula-Villa de Reyes pipeline in Mexico. Construction is supported by a 25-year natural gas transportation service contract for 886 MMcf/d with the Comisión Federal de Electricidad (CFE), Mexico’s state-owned power company. TransCanada expect..
Thieves in Mexico Build Tunnel, Camouflage Trucks to Steal Oil
MEXICO CITY (AP) — Authorities in central Mexico say thieves built a camouflaged truck to transport fuel stolen from government pipelines. Police found a tunnel built by pipeline thieves in the same state of Guanajuato last week. The discoveries show the sophistication of thieves who drill taps int..
Alberta's Taxes Precipitate Fall from Grace Within Oil Industry Circles
“Who will stand up for Alberta’s persecuted billionaire community?” the headline of a popular political blog site sarcastically blared after the story broke last month about how wealthy Calgary entrepreneur N. Murray Edwards had apparently relocated his residence to London for tax reasons...
Williams Advances Unique Position in Canada with Startup of Second Offgas Processing Plant
Williams today announced the startup of its second offgas liquids extraction plant, a key asset in the company’s Canadian midstream and petchem complex. The new plant boosts domestic production of petchem feedstocks and significantly reduces emissions in the oil sands production process while recove..
Flint Hills Resources to Add Ethanol Terminal in Texas
Flint Hills Resources (FHR) is moving forward with a project to build its first ethanol terminal in Texas. Construction began in January and the terminal is expected to be operational by December. The new terminal will include a rail spur, two storage tanks, a truck-loading rack, water storage and a..
Howard Energy Partners Proposes 287-Mile Products Pipeline from Texas to Mexico
Howard Midstream Energy Partners’ subsidiary, Dos Aguilas, LLC, plan to permit, construct and operate the Dos Águilas project, an open-access system of refined products terminals and pipelines spanning from Corpus Christi to northern Mexico. The 287-mile Dos Águilas project will offer direct and se..
- 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. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- 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
