More Oil & Gas Transportation News

BIS condensates ruling galvanized crude exports debate, speakers say

Sep 29, 2014

A US Department of Commerce agency's controversial condensate exports decision in late June that purportedly dealt with distillation actually involved stabilization, a different upgrading process, a Turner Mason & Co. official said on Sept. 19.

Price of gasoline important to US policy (sometimes)

Sep 29, 2014

The price of gasoline is important in the making of US energy policy-except when it is not.

Oil spill reported in Quintero Bay, Chile

Sep 25, 2014

Inchcape Shipping Services (ISS) has reported an oil spill at Quintero Bay, Nr Valparaiso, Chile, following an incident on Sept. 24 at the Monobuoy Terminal.

API publishes new recommended practices for shipping crude by rail

Sep 25, 2014

The American Petroleum Institute published a new set of recommended practices for testing and classifying crude oil for rail shipment and loading it into rail tank cars. Given its importance, API said it initially would make the new standard available to interested parties at no charge.

Magellan launches Niobrara-to-Cushing crude line open season

Sep 24, 2014

Magellan Midstream Partners LP has launched an open season to assess customer interest in transporting various grades of crude oil from the Niobrara shale to its storage site in Cushing, Okla., via its proposed 600-mile, 20-in. OD Saddlehorn pipeline.

South Louisiana, Texas gas plant, pipeline projects advance

Sep 24, 2014

EnLink Midstream Partners LP, Dallas, has completed construction of Phase 2 of the Cajun-Sibon natural gas liquids expansion in South Louisiana as well as construction of the Bearkat gas processing plant and rich-gas gathering system in West Texas.

EIA: Higher Permian production, insufficient pipelines hike WTI oil hub spreads

Sep 23, 2014

Crude oil prices in the Permian basin at Midland, Tex., have been falling below similar crude priced at Cushing, Okla., due to increasing production in the area and insufficient pipeline systems to move the crude to refineries, according to an analysis of the US Energy Information Administration.

Total to sell Utica midstream assets to Korean firms

Sep 23, 2014

Total SA affiliate Total E&P USA has agreed to sell its 25% interest in Cardinal Gas Services LLC, a midstream company in Ohio’s Utica shale, to E1 Corp. and a consortium led by Samchully, both from South Korea, for $400 million plus an estimated price adjustment of $50 million.

BIS condensates ruling galvanized crude exports debate, speakers say

Sep 22, 2014

A US Department of Commerce agency’s controversial condensate exports decision in late June that purportedly dealt with distillation actually involved stabilization, a different upgrading process, a Turner Mason & Co. official said on Sept. 19.

An arbitrage bubble

Sep 22, 2014

That a US ban on the export of crude oil receives support from refiners who profit from it makes perfect sense. Arguments for keeping the ban in place do not.

Senators offer bill to reform energy project crossborder permitting

Sep 22, 2014

Four US senators-2 Democrats and 2 Republicans-introduced legislation to prevent extended delays of energy projects requiring a crossborder permit by moving reviews of applications from the White House to appropriate federal agencies.

It's clearly time to end US crude export ban, Summers declares

Sep 22, 2014

Lawrence H. Summers, who was US Treasury Secretary during Bill Clinton's presidency and was President Barack Obama's National Economic Council Director, said there are no significant reasons for the US to continue restricting exports of domestically produced crude oil.

API official calls for end to nearly 6-year Keystone XL permit delay

Sep 22, 2014

Three days before the sixth anniversary of TransCanada Corp.'s original filing for presidential approval of the proposed Keystone XL crude oil pipeline's crossborder permit application, an American Petroleum Institute official said the Obama administration is catering to a small minority at the expense of the US national interest and the wishes of the vast majority of ordinary Americans.

DOE approves Cameron, Carib applications to export LNG

Sep 22, 2014

The US Department of Energy approved Cameron Energy LLC and Carib Energy LLC's requests for authorization to export LNG to countries that do not have a free-trade agreement with the US.

China’s demand growth may make it globally dominant, speakers suggest

Sep 18, 2014

China potentially could dictate terms as the fastest growing market in a world suddenly awash in potential oil and gas resources, speakers suggested during a discussion of energy and security in China and Pacific Asia at the Woodrow Wilson Center for Scholars.

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