Shifts in U.S. LPG supply and demand patterns are having wide repercussions on global trade dynamics.
After a series of high-profile derailments of tank cars carrying crude oil, trade associations, industry-leading companies and regulators are taking action to avoid future incidents.
Mexico’s commitment to realizing its energy potential through privatization and its National Infrastructure Program means major expansion, and investment, is ahead for the country’s midstream infrastructure.
A consultant can evaluate a company’s assets to choose the best path forward without requiring a large investment during a downturn, a Sapient Global Markets director told Hart Energy.
Norwegian energy powerhouse’s plan while commodity price woes persist is to prudently seek opportunities to reinforce its upstream-oriented global position.
Bloomberg said Middle East and North African countries are keen for sea transport of LNG—cargoes carrying LNG increased 31% last year. Geopolitical strife makes cheaper pipelines targets for sabotage.
ANGA wants DOE to declare exports in national interest, allowing facilities to focus on gaining FERC approval.
Anadarko and project partners estimate there is 75 Tcf of exploitable gas offshore Mozambique, Bloomberg said. The Rovuma Basin could hold 120 Tcf technically recoverable reserves, a consultant said.
ExxonMobil Corp. will pay more than $5 million, including a federal fine, in settlement for 2013 Pegasus Pipeline rupture in Mayflower, Arkansas, that carried oil sands from Canada, Bloomberg said.
Central Area Transmission System’s riser platform is next to Everest platform, Block 22/10. Pipeline connects riser platform to Seal Sands, Teesside, gas terminal. CATS transports 8% of UK’s gas demand.
People familiar with the matter told Bloomberg that BP Plc seeks buyers for $2 billion of U.S. pipelines and storage terminals. Potential buyers received materials regarding infrastructure across the country.
Andy Reckles, Legend’s board chairman and CEO, said that acquiring Maxxon puts Legend squarely into midstream. The company will continue its E&P business in Kansas and Oklahoma, he added.
Delek US Holdings’ El Dorado, Ark., refinery and the Tyler, Texas, refinery will be supported by the purchase of a crude oil storage tank and rail offloading racks.
BNSF Railway Co. cut the speed of oil-carrying trains in some urban areas to 35 mph, Bloomberg said. Other railroads are aware of the March 25 measures, a spokesman said.
Barry Smitherman is the only person in Texas history to have served on both the Texas Railroad Commission and the Public Utility Commission of Texas.