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.
By 2020, Malaysia could surpass Qatar to become the largest supplier of flexible LNG to the global market, Wood Mackenzie forecasts.
LNG America selected Taylor-Wharton to commence FEED work for the cryogenic system on its 3,000 cubic meter Gemini Class LNG bunker vessel, which is scheduled for delivery at the end of 2015.
U.S. island states and territories may soon be able to diversify their petroleum-based energy sources to by importing LNG due to relatively low natural gas prices and new shipping technology, according to the U.S. Energy Information Administration (EIA).
Azbil Corp. received an order from Japan Marine United Corp. for the integrated automation system of LNG carriers to be deployed for a U.S. shale gas LNG project, the company said in a statement.
North Dakota will add three oil and gas gathering pipeline inspectors in response to the state’s rapidly growing well count, which passed 15,000 in July and triggered the release of a budget appropriation.
Shell has reportedly agreed to sell a Nigeria pipeline considered by some to be the world’s most eligible target for crude oil theft.
Williams Cos. announced it will commence an open season from Aug. 26 to Sept. 23 for Transco Pipeline’s Diamond East project.
Texas Railroad Commissioner David Porter wrote to the commissioner of U.S. Customs and Border Patrol with his concerns that Mexican cartels use pipeline rights of way for illegal entry into the U.S.
Dakota Gold Transfer-Plaza LLC announced plans to develop a crude oil transload facility in Mountrail County, N.D.
Just as Global Partners LP gained approval to unload more oil from rail cars at a marine terminal in Oregon, Tesoro Corp. learned its plans for a similar project in neighboring Washington will have to wait.
SECURE Energy Services Inc. entered into an agreement to acquire all of the assets of Calgary, Alberta-based Predator Midstream Ltd. for about $107 million, subject to certain customary closing conditions.
Murex LLC and Cetane Energy LLC agreed to improvements at their Cetane crude oil transloading terminal in Carlsbad, N.M., to double the facility’s operational capacity.