The company, whose Mainline system moves the bulk of Canadian crude exports to the United States, added further capacity over the last 12 months to meet demand, Reuters said.
Mier-Monterrey pipeline could carry about 1.340 billion cubic feet per day of natural gas. Existing pipeline will be looped from the Mexico-U.S. border to Huinalá, Nuevo León, Mexico.
Canadian Prime Minister Stephen Harper heads into October elections while $8 billion Alberta-U.S. Gulf Coast pipeline remains under review. Harper’s government emphasizes Keystone’s potential job creation and eased imports.
New pipelines relieved a chokepoint in Permian Basin. With an outlet to Gulf Coast refineries, Permian was the only major shale region to keep growing as prices dropped, Bloomberg said.
Chris Carter, managing partner of NGP, said that over the past decade Patrick McWilliams helped finance many of NGP’s portfolio companies, including Hibernia Resources, Crimson Pipeline and Bravo Natural Resources.
PES would receive controlling interest in crude oil rail-loading facility handling 210,000 barrels per day, nearly 1 million barrels of oil storage and 39-mile pipeline in North Dakota, Bloomberg said.
Michael A. Creel, CEO of Enterprise’s general partner, said the proceeds enhance the company’s financial flexibility for Eagle Ford and Permian Basin projects. Including proceeds, current liquidity surpasses $6 billion.
Phase One of the pipeline in southeast Pennsylvania is scheduled to be in service by third-quarter 2016, and Phase Two is scheduled to be in service by mid-year 2017.
Pawnee Terminal is primary injection site for Tallgrass Energy Partners’ Northeast Colorado Lateral on the Pony Express Pipeline, which takes crude oil from Bakken and Niobrara formations to Cushing, Okla.
Nexen executives brought journalists to tour the site, which smells like tar. Sound cannons were deterring birds and other wildlife from becoming entangled in the gooey emulsion, Reuters said.
A three-year preferred supplier agreement for pipeline integrity work with a major Canadian pipeline operator was received. A construction contract for pipeline and offsite fabrication services was also received.
After an explosion, a pipeline supplying Nigeria’s southwest was shut down, Reuters said. The explosion was a result of clashing vandal groups. Oil is often stolen for refineries or exports.