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.
The Caribbean FLNG project became the first floating LNG (FLNG) facility to undock when it left its dry dock at the Wison Offshore & Marine yard in Nantong, China, on Nov. 19.
Economic, environmental reasons drive interest into imports to replace costly oil and coal.
U.S. LNG producer, marketer and distributor Applied LNG will break ground on a multi-liquefier LNG production platform in Midlothian, Texas, on Nov. 20, the company said in a statement.
Cheniere Energy Inc. entered into a subscription agreement with RRJ Capital II Ltd. under which investment funds managed by RRJ will purchase a total of $1 billion in unsecured convertible payable in kind notes issued by Cheniere.
Hiland Crude LLC launched an open season to solicit shipper commitments for expanded capacity of Hiland’s Double H crude oil transportation system.
TransCanada Eyes Crude-By-Rail Business
EnLink Moving To New Headquarters
The Williams Cos. Inc. announced that Transco filed an application with the Federal Energy Regulatory Commission (FERC) to expand its pipeline system.
Denver-based BOE Midstream successfully loaded and shipped the 1,000th unit train from its Bakken Oil Express Rail Terminal in Dickinson, N.D.
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.