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Transportation

Oil & Gas Transportation News

Williams starts open season on Atlantic Access Transco expansion

Feb 7, 2012

Williams Partners LP is holding a binding open season until Apr. 2 for the remaining capacity on Atlantic Access, a proposed expansion of its Transco interstate natural gas pipeline.

Turkey: Gas storage field joint venture formed

Feb 6, 2012

Sky Harvest Windpower Corp., Vancouver, BC, said it has formed a joint venture under the name Levant Energy Inc., a British Columbia corporation, to develop underground natural gas storage fields in Turkey.

Condensate trade will reshape crude, gas markets East of Suez

Feb 6, 2012

Segregated condensate volumes produced east of the Suez Canal ("East of Suez") will only continue to grow in the near term, particularly among Mideast gulf countries and will reshape crude, oil product, and gas markets throughout the East of Suez region.

The pursuit of 'zero leaks'

Feb 6, 2012

US President Barack Obama signed the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 into law Jan. 3, reauthorizing the Department of Transportation's existing pipeline safety programs through 2015 while also placing new requirements on both pipeline operators and regulators.

IMF: Cut in Iranian crude could boost prices 30%

Feb 6, 2012

Global oil price could rise by as much as 30% if Iran halts oil exports as a result of sanctions by the US and the European Union, according to a report by the International Monetary Fund.

BP begins east-west crude pipeline shipments across Panama

Feb 3, 2012

BP Products North America Inc. has started shipping crude oil to the US West Coast through Petroterminal de Panama (PTP)’s 600,000 b/d trans-Panama pipeline.

Another Kitimat LNG project receives LNG export license

Feb 3, 2012

Plans to export Canadian-produced natural gas as LNG moved ahead Feb. 2 when Canada’s National Energy Board approved application by BC LNG Export Cooperative LLC for a license to export LNG from Kitimat, BC, mainly to Asian markets.

Holly Energy Partners reports oil pipeline leak

Feb 1, 2012

Holly Energy Partners reported a pipeline leak on its 6-in. crude oil pipeline in a Permian basin gathering system involving HEP’s Wood Station pump facility in West Texas.

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