ExxonMobil Pays To Settle 2013 Pegasus Pipeline Rupture

ExxonMobil Corp. will pay more than $5 million, including a federal fine, in settlement for 2013 Pegasus Pipeline rupture in Mayflower, Arkansas, that carried oil sands from Canada, Bloomberg said.

Fri, 04/24/2015 - 10:40

Refiners Need Time To Handle Crude From New Shale Plays

Export proponents say many U.S. refineries are not designed to handle crude oil produced from new domestic shale plays, Bloomberg said. Several companies urge easing of government restrictions.

Thu, 04/23/2015 - 15:00

Agreement Reached For Emission Controls On DJ Basin Storage Tanks

Noble Energy Inc., U.S. Environmental Protection Agency, U.S. Department of Justice and Colorado reached agreement to improve emission control systems on some crude oil storage tanks in the Denver-Julesberg Basin. 

Wed, 04/22/2015 - 15:40

LNG Popularity, Complexities Grow In Middle East

Bloomberg said Middle East and North African countries are keen for sea transport of LNG—cargoes carrying LNG increased 31% last year. Geopolitical strife makes cheaper pipelines targets for sabotage.

Wed, 04/22/2015 - 10:17

EU Regulators: Gazprom Unfairly Raised Gas Prices

The EU said Gazprom might have imposed unfair gas prices on countries including Poland. Europe imports 27% of its gas from Russia. The antitrust case began in 2011, Bloomberg said. 

Wed, 04/22/2015 - 10:00

Suits Against Natural Gas Suppliers Viable After Supreme Court Ruling

The Supreme Court ruled 7-2 that natural gas suppliers including Duke Energy Corp. must defend against lawsuits claiming they manipulated prices during the 2000-2002 California energy crisis, Bloomberg said.

Tue, 04/21/2015 - 15:36

Alaska Sen. Murkowski: Time To Lift Sanctions On US Oil Industry

With current oil export exemptions for Canada that may also be granted to Mexico, Murkowski asks why allies such as Italy and Poland cannot benefit from the U.S. oil boom.

Darren Barbee
Tue, 04/21/2015 - 12:32

NGPL Starts Binding Agreements Supporting Chicago Market Expansion

Antero Resources Inc., Nicor Gas, North Shore Gas and Occidental Energy Marketing Inc. will transport natural gas from Rockies Express Pipeline interconnection in Illinois north on Gulf Coast Mainline system.

Mon, 04/20/2015 - 11:39

Minister: More Evidence Needed That Energy East Benefits Quebec

Pierre Arcand, energy and natural resources minister for Quebec, Canada, said TransCanada’s decision scrapping Energy East marine terminal in Cacouna toughens the province’s evaluation of the project, Bloomberg said.

Fri, 04/17/2015 - 12:00

Canada’s NEB Recommends Approval For North Montney Mainline

North Montney Mainline will initially ship about 2.4 billion cubic feet/day of natural gas. It will connect Montney Basin, other Western Canadian Sedimentary Basin supplies to new and existing markets.

Fri, 04/17/2015 - 10:15

Anadarko Mozambique LNG Deals On Horizon

Anadarko and project partners estimate there is 75 Tcf of exploitable gas offshore Mozambique, Bloomberg said. The Rovuma Basin could hold 120 Tcf technically recoverable reserves, a consultant said.

Wed, 04/15/2015 - 08:09

Canada Seeks New Crude Customers As Keystone Languishes

Keystone would move 830,000 barrels of oil a day from Alberta to Steele City, Neb. Alternative pipelines were proposed to Canada’s west coast to enable exports to Asia, Bloomberg said.

Tue, 04/14/2015 - 15:46