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Oil & Gas Transportation News

Moody's: Russian oil-tax change helps exporters

Dec 22, 2014

A new adjustment to Russian oil and gas taxation will benefit oil companies that export most of their crude oil and high-grade oil products but hurt domestically focused producers, refiners, and petrochemical manufacturers, says Moody's Investors Service.

Barton introduces bill to remove US crude export limits

Dec 22, 2014

US Rep. Joe Barton (R-Tex.) introduced legislation that would remove US crude oil export limits that have been in place for nearly 40 years.

US needs more data before ending crude export ban, House panel told

Dec 22, 2014

Much more environmental impact information is needed before the US can reasonably remove crude oil export limits, a witness told a House Energy and Commerce Committee subcommittee during a Dec. 11 hearing examining energy policies enacted nearly 40 years ago.

Russia’s Turkey pipeline deal possibly may keep door to Europe ajar

Dec 18, 2014

Russia’s memorandum of understanding to build a natural gas pipeline to Turkey after canceling its South Stream project could help keep the door open for it to eventually sell more gas to Europe, two Washington-based observers suggested.

Woodside delays Browse FLNG development schedule

Dec 17, 2014

Woodside Petroleum Ltd. has reported it expects to enter front-end engineering and design phase for the proposed Browse floating LNG (FLNG) development in mid-2015. Partners BP, Japan Australia LNG, PetroChina, and Shell have all agreed to the revised schedule.

EPP kills plans for Bakken-to-Cushing crude oil pipeline

Dec 15, 2014

Enterprise Products Partners LP (EPP) has elected not to proceed with development of its proposed crude oil pipeline that would have extended 1,200 miles from the Bakken shale to the Cushing, Okla., hub.

Woodside to buy Apache’s interests in Wheatstone, Kitimat LNG for $2.75 billion

Dec 15, 2014

Woodside Petroleum Ltd. has agreed to acquire interest in the Wheatstone LNG and Kitimat LNG projects, respectively in Western Australia and British Columbia, along with accompanying upstream oil and gas reserves, belonging to Houston independent Apache Corp. for $2.75 billion.

API: Producers reducing methane emissions already

Dec 15, 2014

US oil and gas producers are reducing wellhead methane emissions already and don't need ill-conceived, overly prescriptive federal regulations, American Petroleum Institute officials said.

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Oil & Gas Transportation Webcasts

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

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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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