Transport - Pipelines

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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
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BP Will Sell North Sea Central Area Transmission System

Central Area Transmission System’s riser platform is next to Everest platform, Block 22/10. Pipeline connects riser platform to Seal Sands, Teesside, gas terminal. CATS transports 8% of UK’s gas demand.

Fri, 04/24/2015 - 09:25
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BP Could Sell $2 Billion In US Midstream Infrastructure

People familiar with the matter told Bloomberg that BP Plc seeks buyers for $2 billion of U.S. pipelines and storage terminals. Potential buyers received materials regarding infrastructure across the country.

Wed, 04/22/2015 - 16:31
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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
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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
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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
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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
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Penn Products Terminals Acquires Pyramid LLC

Dan Revers, managing partner and co-founder of ArcLight, said the firm has a long track record of investing in refined products storage and pipeline infrastructure.

Thu, 04/16/2015 - 09:30
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JP Energy Will Acquire Southern Propane Assets

JP Energy Partners LP will acquire the assets of Southern Propane Inc. for about $14.9 million, Business Wire said. JP also announced plans for its Silver Dollar Pipeline system. 

Wed, 04/15/2015 - 11:41
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Magellan Midstream, TransCanada Pursue Houston Pipeline Connection

The pipeline is scheduled to be operational by late 2016. It would connect two Houston terminals, letting TransCanada’s Keystone and Marketlink shippers access Magellan’s Houston/Texas City crude distribution system. 

Wed, 04/15/2015 - 09:52
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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
Non-free

Will The ‘Circular Economy’ Be Unbroken?

Millennials’ consumer activism does not embrace hydrocarbons, researcher says.

Tue, 04/14/2015 - 09:25

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