Oil & Gas
Transportation

Oil & Gas Transportation News

Crude oil pipeline growth, revenues surge; construction costs mount

Sep 1, 2014

US pipeline operators continued to expand their systems rapidly in 2013. Investment in oil pipeline carrier property surged last year, rising roughly $14 billion to more than double the values seen only 7 years before.

Supply complacency

Sep 1, 2014

Complacency comes easily in the US when the price of crude oil sags while hostilities jar the Middle East, while Russia tests Western resolve over Ukraine, and while China rattles its neighbors with territorial claims.

Industry, regulators work to build US crude pipelines right

Sep 1, 2014

Surging US production has led to strong demand for the construction of crude oil pipelines. The industry and its government regulators are working hard to make certain the systems are properly designed, constructed, operated, and maintained.

Utah's crude transportation options include Uinta Express project

Sep 1, 2014

Utah's crude oil transportation options-which include Tesoro Refining & Marketing Co. LLC's proposed Uinta Express Pipeline-typify the broader US challenge in several ways.

EIA: Brent crude oil price stability continues

Sep 1, 2014

Spot prices of Brent crude oil averaged $107/bbl in July, marking the 13th consecutive month in which the average price has ranged $107-112/bbl.

OGUK: Optimism still waning in UK's offshore oil, gas industry

Sep 1, 2014

Optimism in the UK's offshore oil and gas industry continues to wane, according the second-quarter Oil & Gas UK (OGUK) Business Sentiment Index (BSI), released Aug. 6.

China looks ahead to a robust natural gas endowment

Sep 1, 2014

Natural gas plays an important role in China's economic development and energy structure. Proved reserves exceed 600 billion cu m/year (bcm/year), and production has topped 100 bcm/year, ranking China's output the 7th highest in the world.

Virtual flow metering improves Chinese offshore production

Sep 1, 2014

A common problem for inflow-rate metering in subsea wells is the lack of real-time, three-phase flow rates, which are critical for reservoir characterization and well optimization.

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