In South Texas and North Dakota, where shale drilling has propelled U.S. oil production to the highest level in 28 years, thousands of 18-wheel trucks are rumbling to wells on roads designed decades ago for farmers to bring crops to markets.
Wells Fargo Securities reports that the MLP sector outpaced the S&P 500 for the fourth straight month.
The U.S. shale revolution has fundamentally altered domestic hydrocarbon flows, necessitating a “replumbing” of America as new sources of supply are connected to long-haul transportation and key end markets.
Rangeland CEO announces start of construction on Delaware Basin rail, storage and pipeline facility.
Dominion began initial construction-related activities for the Cove Point LNG Export project in Maryland.
Freeport LNG Expansion LP announced that its subsidiary, FLNG Liquefaction LLC, entered into definitive agreements for the debt financing of about $3.85 billion of capital needed for development of Freeport LNG’s first train facility.
Ferus Natural Gas Fuels Inc. announced the grand opening of the first merchant LNG facility in Canada.
More than 300 community, business and international leaders, along with federal, state and local elected officials, took part in an Oct. 23 groundbreaking ceremony for the $10 billion liquefaction export project at Cameron LNG.
TransCanada Corp. filed a formal project application for the Energy East Pipeline project with Canada’s National Energy Board.
ONEOK Partners LP agreed to acquire NGL pipelines and related assets from Chevron Corp. affiliates for about $800 million.
Energy Transfer Equity LP, Energy Transfer Partners LP and Phillips 66 formed two joint ventures (JVs) to develop the Dakota Access Pipeline (DAPL) and Energy Transfer Crude Oil Pipeline (ETCOP) projects.
Pembina Pipeline Corp. completed its previously announced acquisition of the Vantage pipeline system and Mistral Midstream Inc.’s interest in the Saskatchewan Ethane Extraction Plant.
Phillips 66 Partners agreed to acquire two newly constructed crude oil rail-unloading facilities and certain assets associated with the Cross-Channel Connector Pipeline from Phillips 66.
American International Group Inc. (AIG) expanded excess casualty liability limits for Class 1 railroads in the U.S. and Canada to $1 billion per occurrence.
NuDevco Midstream Development LLC, sponsor of Houston-based Marlin Midstream Partners LP, purchased land in Eunice, N.M., for a crude oil terminalling site.
Union Pacific (UP) announced Oct. 2 it will proceed with plans for a new rail yard in Robertson County, Texas, near Hearne.