The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.
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.
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.
BNSF executive chairman says his company is ready to transport a potential rebound in oil production.
The Santos-operated GLNG project is set to be the second project to commercialize CSG to LNG in Queensland, behind the BG Group-led QCLNG project.
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.
Of the positions that will be eliminated 950 are in the Houston, where Chevron has about 8,000 employees.
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.
There will be interconnects with the Columbia Gas Transmission, Dominion Transmission, Equitrans and Texas Eastern pipeline systems near Waynesburg, Pa. The open season ends on Sept. 15.
There will be about 38,800 extra horsepower, the company added. The qualifying bids for ONEOK WesTex surpassed 500MMcf/d. The open season closed Feb. 27, the company said.
NextEra Energy Partners said it would buy NET Midstream for $2.1 billion. NextEra will gain seven Texas natural gas pipelines with 3 billion cubic feet per day capacity, Reuters said.
Emerald said Aug. 3 it has an agreement worth about $24.4 million with a subsidiary of Koch Industries and is also working on a midstream JV in the Williston Basin.
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.
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.
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.
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.