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Oil & Gas Transportation News

MOU signed on Uganda-Tanzania crude line

Oct 12, 2015

The governments of Uganda and Tanzania, the Tanzanian Petroleum Development Corp., and Total E&P Uganda have signed a memorandum of understanding on “development principles” for a crude oil pipeline between Hoima, Uganda, and Tanga Port, Tanzania.

Ireland approves Shell to operate Corrib gas plant

Oct 12, 2015

Ireland’s Environmental Protection Agency (IEPA) has approved a license for Royal Dutch Shell PLC to operate its onshore gas processing plant and terminal at Bellanaboy Bridge, Bellagelly South, in County Mayo, which will receive and process as much as 10 million cu m/day of natural gas from Corrib field about 83 km off northwestern Ireland.

Phillips 66 slashes 2016 capital budget by $1 billion

Oct 12, 2015

Phillips 66 reported plans for a 2016 capital budget of $3.6 billion, excluding Phillips 66 Partners’ capital program. That’s down from the $4.6 billion the Houston-based firm budgeted for 2015.

PHMSA proposes new hazardous liquids pipeline safety regulations

Oct 12, 2015

Under newly proposed hazardous liquid pipeline safety regulations, the US Pipeline and Hazardous Materials Safety Administration would require pipelines to have leak-detection systems and timelines for inspecting affected segments following an extreme weather event or natural disaster, the US Department of Transportation agency said.

Witnesses cite pipeline safety progress, unfinished work

Oct 12, 2015

Significant progress has been made in making US oil and gas pipelines safer and reducing the number of accidental releases, government and industry witnesses agreed at a US Senate Commerce, Science, and Transportation subcommittee hearing. But they also emphasized that more work needs to be done.

Crude export ban bill sponsors expect movement soon in Senate, House

Oct 12, 2015

Sponsors of US Senate and House bills to repeal the 40-year ban on exports of US-produced crude oil expect their measures to move ahead soon. Sen. Heidi Heitkamp (D-ND), said the Banking, Housing, and Urban Affairs Committee planned to mark up her bill, S. 1372, on Oct. 1. Rep. Joe Barton (R-Tex.), meanwhile, said his measure, HR 702, could reach the House floor the following week.

Bamboo trees in the stream

Oct 12, 2015

Despite surviving a nearly 8-year-long career as a crude-oil price reporter for the petroleum industry before finding a home at Oil & Gas Journal, this editor rarely gave much thought to the language used to describe and distinguish-perhaps to our collective detriment-the various sectors of the oil and gas industry.

US House approves bill to repeal crude-oil export ban

Oct 9, 2015

The US House approved, by a 261-159 vote, a bill to repeal a 40-year ban on exporting domestically produced crude oil. Balloting ran largely along party lines as 235 Republicans supported HR 702 and 153 Democrats opposed it. The vote came days after the White House announced that the measure would be vetoed if it reached US President Barack Obama’s desk.

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