Transport - Exclusives


A Renewed Call For Crude Exports

Bipartisan momentum is accelerating to lift a long-standing U.S. ban on crude-oil exports that could add more than $1 trillion to cumulative government coffers from 2016 to 2030.

Thu, 07/30/2015 - 08:43

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

Transport - LNG


LNG Prices Fall Due To Large Supply, Re-exports From Europe

Re-exports from European LNG import terminals could intensify given the wide spread between domestic gas hub prices, currently trading around $6.10 per million British thermal units, and Asian markets, Reuters said.

Erin Pedigo
Fri, 08/28/2015 - 14:20

Siemens Will Supply Refrigeration Compressors For Magnolia LNG

The mid-scale LNG facility will use about 115 acres of available land in Lake Charles, La., on a long-term lease through the Lake Charles Harbor and Terminal District.

Erin Pedigo
Wed, 08/26/2015 - 14:40

Oil Traders Step Up Involvement In LNG Market

Trafigura is blazing a trail for trade houses, adopting highly successful tactics used in oil markets, to get an edge in the burgeoning LNG sector, Reuters said.

Erin Pedigo
Wed, 08/26/2015 - 13:55

Market Dynamics Shifting Into LNG Imbalance

Report describes how expanding supply will overwhelm growth in demand.

Tue, 08/25/2015 - 11:01

Transport - Pipelines


Keystone XL Permit On Verge Of Rejection?

President expected to announce denial of TransCanada project before Labor Day holiday, sources say.

Fri, 08/28/2015 - 14:40

ExxonMobil, BHP Will Spend US$290 Million To Replace Australian Pipeline

ExxonMobil Corp and BHP Billiton will replace a 187 kilometer (116 mile) pipeline that transports crude oil and condensate between two of their sites in Australia's Victoria state, Reuters said.

Erin Pedigo
Fri, 08/28/2015 - 08:56

Polarled Gas Pipeline Becomes First To Cross Arctic Circle

Statoil’s Polarled gas pipeline will open a new gas highway from the Norwegian Sea to Europe by crossing the Arctic Circle. The 482-kilometer pipeline is being transported by Allseas’ Solitaire vessel.

Thu, 08/27/2015 - 15:50

Review Of Keystone Pipeline Continues, Government Says

White House spokesman Josh Earnest said he had not seen report in a Canadian newspaper saying President Barack Obama would deny permit for Keystone before Labor Day weekend, Reuters reported.

Erin Pedigo
Thu, 08/27/2015 - 12:16

Transport - Trucks & Rails


Governor Who Oversaw ND Oil Boom Will Not Seek Re-election

Gov. Jack Dalrymple of North Dakota will not seek re-election in 2016, Reuters reported. Dalrymple helped tighten Bakken Shale regulatory standards and pushed through regulations concerning rail transport of oil. 

Erin Pedigo
Mon, 08/24/2015 - 14:20

Rangeland Energy III Receives $300 Million In Equity

This is the third commitment EnCap has made to a Rangeland company, bringing the total to more than $600 million since Rangeland’s formation in late 2009. Rangeland II focuses on the Delaware Basin.

Tue, 08/04/2015 - 08:49

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