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Oil & Gas Transportation News

Gazprom’s Baltic LNG project to be built in Ust-Luga

Jan 23, 2015

OAO Gazprom has determined that its 10-million-ton Baltic LNG plant will be built near the seaport of Ust-Luga, Leningrad Oblast, Russia. The project is now preparing for the investment stage.

Senate votes to recommend closing Keystone XL tax loophole

Jan 23, 2015

The US Senate voted to recommend that the House originate legislation that would make heavy crude oil moving through the proposed Keystone XL pipeline subject to the excise tax on other transported crudes that goes into the federal Oil Spill Liability Trust Fund.

EPP to add 50,000 b/d of capacity to Panola NGL pipeline

Jan 22, 2015

Enterprise Products Partners LP (EPP) will expand its Panola Pipeline Co. LLC NGL pipeline system, having received sufficient shipper interest to do so. The 181-mile system extends from Carthage, Tex., to Mont Belvieu, Tex., where it delivers to multiple destinations, including EPP’s Mt. Belvieu fractionation complex.

US House passes natural gas pipeline permitting reform bill

Jan 22, 2015

The US House of Representatives approved a bill aimed at reforming federal natural gas pipeline permit reviews by establishing stricter deadlines for other agencies to submit information to the US Federal Energy Regulatory Commission.

Kinder Morgan to acquire Hiland Partners for $3 billion

Jan 22, 2015

Kinder Morgan Inc. (KMI) has agreed to acquire Hiland Partners from founder Harold Hamm and certain Hamm family trusts for $3 billion, including the assumption of debt. The deal is expected to close in the first quarter.

Gorgon LNG project signs LNG supply deal with SK Group

Jan 21, 2015

The Chevron Australia-led Gorgon LNG project offshore Western Australia has signed a binding sales and purchase agreement to supply 4.15 million tonnes/year of LNG to SK Group’s SK LNG Trading Pte. Ltd. of South Korea for 5 years starting in 2017.

Shiels appointed chief executive officer of American Energy–Midstream

Jan 19, 2015

American Energy Partners LP (AEP), Oklahoma City, has named David C. Shiels as chief executive officer of affiliate American Energy–Midstream LLC (AE-MidCo).

Magnolia LNG signs MOU for fourth train

Jan 19, 2015

Magnolia LNG LLC (MLNG) signed a memorandum of understanding with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR Inc. (KBR), and SKE&C USA Inc. (SKEC) whereby KBR and SKEC, forming a 70-30 joint venture to deliver the 8-million tonne/year four train Magnolia LNG project.

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Oil & Gas Transportation Webcasts

The Future of US Refining

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally r...
( 02/06/2015 / 11:00 AM Eastern Standard Time / 10:00 AM Central Standard Time / 08:00 AM Pacific Standard Time / 16:00 GMT )

US HYDROCARBON EXPORTS Part 3 — LNG

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports. A discussion of the problems and potential for the export of US-produced liquefied natural ...

US HYDROCARBON EXPORTS Part 2 — NGLs

US NGL Exports, the second in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports. Will the US ethylene industry be able to expand fast enough to absorb additional ethane s...
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US HYDROCARBON EXPORTS Part 1 — Crude Oil

As a result of recent rulingsby the US Department of Commerce’s Bureau of Industry and Security, the ability to export “stabilized crude” now exists.  The market remains divided, however, on t...
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