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News - Transport

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News for October 1, 2010

  • The evolution of pipeline R&D


    George Tenley, outgoing president of PRCI, chats with PGT about the evolution of pipeline R&D and his thoughts on future technologies.
    - Oct. 1 2010
  • Methods for determining the value of pipelines, Part 2


    Here’s how to determine whether excavated and salvaged pipe is an asset or liability.
    - Oct. 1 2010

News for September 30, 2010

  • InterOil To Monetize Gas Assets; Gains LNG Partner


    Following the company's announcement, Morgan Stanley & Co. Inc. increased its price target on InterOil from $125 to $135.
    - Sep. 30 2010
  • CNPC’s Proposed LNG Terminal Location Rejected; China, Russia Sign Energy Cooperation Agreement


    China’s Ministry of Transport rejected China National Petroleum Corp.’s (CNPC) proposed site for its 3 million tons per year Shenzhen liquefied natural gas (LNG) terminal, according to a recent report in the 21st Century Business Herald.
    - Sep. 30 2010
  • UGI to Gather Gas for PA Marcellus Shale Producer


    UGI Energy Services Inc., the midstream and energy marketing subsidiary of UGI Corp. of Valley Forge, Pa., has entered an agreement with Citrus Energy Corp. to gather by pipeline Marcellus shale gas produced by Citrus in Wyoming County, Pennsylvania, for delivery to Tennessee Gas Pipeline Co.'s interstate pipeline in Susquehanna County.
    - Sep. 30 2010

News for September 28, 2010

  • Cheniere's Bid To Export U.S. LNG Gets Green Light

    - Sep. 28 2010

News for September 23, 2010

  • Enbridge Acquires Elk City Midstream from Atlas Pipeline


    The assets include the Elk City gathering and processing system, one hydrogen sulfide treating plant; three cryogenic processing plants and NGL production capability.
    - Sep. 23 2010
  • DCP, Eureka Hunter Pipeline to Form Gathering JV in Ohio, W.Va.


    DCP Midstream Partners LP and Eureka Hunter Pipeline LLC, a subsidiary of Magnum Hunter Resources Corp. signed a letter of intent to a natural gas gathering joint venture (JV) in West Virginia and Ohio.
    - Sep. 23 2010

News for September 16, 2010

  • Cheniere Receives DOE Approval to Export LNG


    The U.S. Department of Energy (DOE) approved Cheniere Energy Partners’ plan to convert its Sabine Pass liquefied natural gas (LNG) receiving and gasification terminal in Cameron Parish, Louisiana into a liquefaction terminal in order to export up to 16 million metric tons per year of LNG produced in the United States to foreign countries for a 30-year period.
    - Sep. 16 2010
  • Williams Acquires 49% Interest in Overland Pass Pipeline


    ONEOK Partners LP sold a 49% interest in Overland Pass Pipeline Company LLC to Williams Partners LP for US$424 million, making ONEOK and Williams 50/50 partners in the company. Previously, ONEOK owned 99% of the company with the remaining 1% being held by Williams.
    - Sep. 16 2010
  • Natural Gas Pipeline Leak Causes Fire in San Bruno, Calif.


    A gas transmission line, confirmed by local utility company Pacific Gas and Electric to have ruptured, caused a massive fire in a suburb of San Bruno, Calif., on September 9, killing four people and destroying 50 homes. In addition, there are still four people still reported as missing.
    - Sep. 16 2010

News for September 9, 2010

  • PetroChina Plans US$44M LNG Facility in Tibet


    PetroChina Co. Ltd. announced plans to spend 300 million yuan (US$44 million) on liquefied natural gas (LNG) facilities that will supply Tibet with natural gas from western China.
    - Sep. 9 2010
  • Nabucco Pipeline Closes in on €4B of Funding


    Nabucco Gas Pipeline International GmbH, the international consortium overseeing the US$10 billion Nabucco pipeline that will deliver natural gas from Turkey into Western Europe, announced they had signed an agreement to begin due diligence to secure loans of up to €4 billion (US$5.1 billion) from the European Investment Bank, European Bank for Reconstruction & Development, and the World Bank’s International Finance Corp.
    - Sep. 9 2010
  • Enterprise to Build Eagle Ford Oil Pipeline to Serve EOG, Others


    On Sept.1, 2010, Enterprise Products Partners LP announced that its operating subsidiaries have entered into long-term agreements with Eagle Ford shale producer, EOG Resources Inc. to provide a comprehensive package of midstream energy services that will service EOG's growing crude oil and associated liquids-rich gas production.
    - Sep. 9 2010

News for September 2, 2010

  • Iran-Turkey Gas Pipeline Hit by Blast, Flow Stopped for Repair


    Iranian natural gas flows to Turkey were halted after an explosion. It could take up to a week to resume normal operations after repairs are completed, officials at Turkish pipeline operator Botas said.
    - Sep. 2 2010
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