Transport - Exclusives


Proppant Market On The Way Toward Consolidation

The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.

Mon, 07/27/2015 - 13:00

Honda Discontinues The CNG Civic

The company says it simply didn’t see the market demand justify the continued production of what was one of the only dedicated natural gas-fueled consumer vehicles.

Fri, 07/17/2015 - 16:54

Cove Point Terminal Opening On Target For Late 2017, Dominion VP Says

With the rich resources of the Marcellus and the Utica, the terminal is in transition to handle LNG exports. Yet, the terminal will continue to handle imports.

Mon, 07/13/2015 - 09:00

Prepared To Get Back On Track And Rolling Again

BNSF executive chairman says his company is ready to transport a potential rebound in oil production.

Mon, 06/22/2015 - 10:22

Transport - LNG


Gas Prices Will Be Affected By LNG Exports

By 2019, 8.5 billion cubic feet of LNG could leave market, affecting prices during very cold winters, Bloomberg new energy finance analyst and BNP Paribas’ commodity investor team director said.

Thu, 07/30/2015 - 08:34

Chevron Plans To Cut 1,500 Jobs Worldwide

Of the positions that will be eliminated 950 are in the Houston, where Chevron has about 8,000 employees.

Wed, 07/29/2015 - 14:18

Anadarko Not Selling Mozambique LNG Stake

Anadarko Petroleum Corp. has no interest in selling down its stake in planned LNG project in Mozambique, CEO Al Walker said, Reuters reported. Anadarko wants to operate the multibillion-dollar project.

Wed, 07/29/2015 - 11:34

Control Capex And Catch The FLNG Wave, Report Urges

Bernstein cites Shell, Woodside projects in its sunny outlook for LNG at sea.

Tue, 07/28/2015 - 10:04

Transport - Pipelines


TransCanada: Heartland Line's Construction Delayed

Construction on the Heartland Line from Edmonton, Alberta, to Hardisty is indefinitely delayed because the Keystone XL and Energy East systems it would supply are delayed, executives said, Bloomberg reported. 

Fri, 07/31/2015 - 14:09

Enbridge Considers Natural Gas, Power Generation M&A

Enbridge Inc. is considering natural gas and power generation acquisitions to help boost the diversity of its asset base, the company's CEO said July 31, Reuters said.

Fri, 07/31/2015 - 11:57

Increased Throughput Raises Enbridge's Profit

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.

Fri, 07/31/2015 - 08:42

Open Season In August For Mier-Monterrey Pipeline Expansion

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. 

Thu, 07/30/2015 - 14:50

Transport - Trucks & Rails


New Oil, Ethanol Train Rule Requires Safety Equipment Inspection

Federal Railroad Administration now requires two qualified railroad employees to ensure that handbrakes and other safety equipment have been properly set on unattended crude oil or ethanol trains, Reuters said. 

Thu, 07/30/2015 - 12:15

HEP Subsidiary Acquires Interest In GT Omniport Terminal

Maverick Terminals LLC acquired majority interest in GT Omniport Terminal from GT Logistics LLC. GT Omniport currently handles crude oil, but will be expanded to handle refined products and NGL.

Wed, 07/29/2015 - 14:49

Philadelphia Energy Solutions Pursues Bakken Supply Chain JV

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.

Mon, 07/27/2015 - 15:35

BNSF Train Derails, Spills Oil In Eastern Montana

None of the 35,000 gallons of crude oil reached waterways in a July 16 spill from a BNSF train east of Culbertson, Mont., officials told Reuters. 

Mon, 07/20/2015 - 08:30