Crude by rail shipments continue to decline from their peak in 2013-2014.
Q&A with the president of Tesoro Logistics LP
The question of how to improve oil, gas and liquids markets each have the same answer: move production to the U.S. Gulf Coast. Even before the current price downturn, producers were attempting to move volumes south in order to improve optionality, reduce bottlenecks and gain greater netbacks.
California refiners’ efforts to increase badly needed crude-by-rail service seem to have been derailed. Thank vociferous environmental lobby opposition and regulatory roadblocks for that result—in addition to narrowing price spreads that have slowed crude-by-rail interest elsewhere.
Qatar expects exports from its Golden Pass joint venture in Texas to begin in 2021, an advisor to the government said May 25.
Poland consumes about 16 Bcm of gas a year. LNG supplies to Baltic Sea terminal are part of Poland's plan to reduce reliance on supplies from Russia's Gazprom, Reuters said.
Oil markets will rebalance in the near term, but natural gas imbalances will be much longer-term, the long-time oil and gas executive told the recent Houston Producers Forum.
No trucks or vessels will be allowed to load or unload at Elengy terminals at Montoir-de-Bretagne on the Atlantic coast and at Fos Tonkin on the Mediterranean coast, Reuters reported.
There is also a new 16-inch diameter pipeline running about 3.76 miles between the terminal and an interconnection near Witter Street, Pasadena, Texas.
Materials will travel through Border Express Pipeline and Borrego Pipeline on U.S. side of the border crossing, and Poliducto Frontera Pipeline and Poliducto del Norte Pipeline on Mexico’s side of the crossing.
As E&Ps become more efficient at finding ways to grow production, the midstream sector is getting ready to handle what comes its way when commodity prices rise by improving infrastructure.
The decision prompted immediate outcry from critics, who called on Canadian Prime Minister Justin Trudeau to block the twinning of the existing pipeline, which carries oil from Alberta to a port in Metro Vancouver.
Permian Rail Park is located on the Union Pacific Railway about 8 miles from Big Spring, Texas, serving Midland Basin. The 530-acre rail park is Twin Eagle’s fifth terminal development.
J. Patrick Barley, executive chairman and CEO, said the company could provide the lowest-cost ethanol in central Arkansas and elsewhere.
Valero first proposed building the rail facility at Benicia refinery to offload up to 70,000 barrels per day of inland U.S. and Canadian heavy crude three years ago, Reuters said.