More Oil & Gas Transportation News

Rio Grande LNG project advances with FEED, EPC agreement

May 14, 2015

NextDecade LLC, The Woodlands, Tex., has signed an agreement with CB&I for the front-end engineering design (FEED) and engineering, procurement, and construction (EPC) terms related to the Rio Grande LNG export project in Brownsville, Tex. This agreement follows NextDecade’s applying for and acceptance into the FERC pre-filing process in late March.

US House subcommittee examines gas pipeline permitting delays

May 14, 2015

Reforms should be considered to ease delays that have developed for interstate natural gas pipeline projects requiring federal permits, two witnesses told a US House Energy and Commerce subcommittee. But a third warned that trying to facilitate approvals is unnecessary and could jeopardize protections for states under three major federal statutes.

Cheniere reaches FID for Corpus Christi liquefaction project

May 14, 2015

Cheniere Energy Inc. has made a final investment decision (FID) for its liquefaction project near Corpus Christi, Tex., and has issued a notice to proceed to Bechtel Oil, Gas & Chemicals Inc. for construction of the first two liquefaction trains.

BP lets Thunder Horse expansion contract

May 13, 2015

BP Exploration & Production Inc. has let a contract to Technip covering pipeline systems for a southern expansion of ultradeepwater Thunder Horse oil and gas field on Mississippi Canyon Blocks 778 and 822 in the Gulf of Mexico.

Murkowski, Heitkamp introduce bill to end US crude oil export ban

May 13, 2015

US Sens. Lisa Murkowski (R-Alas.) and Heidi Heitkamp (D-ND) jointly introduced legislation that would end a 40-year ban on exports of crude oil produced in the US. Eleven more Senate Republicans cosponsored the measure.

PwC: Low oil prices reduce 1Q M&A activity in US

May 11, 2015

Mergers and acquisitions (M&A) activity in the oil and gas industry took a hit in value and volume during the first quarter compared with fourth-quarter 2014, as the drop in oil prices continued to impact companies’ growth strategies, according to a report from PwC US.

Gazprom, CNPC sign heads of agreement on western route

May 11, 2015

OAO Gazprom and China National Petroleum Corp. signed a heads of agreement for gas supply via the western route from Western Siberia to China. The companies had signed a framework agreement on the western route last November.

Cost opportunity seen for LNG projects in western Canada

May 11, 2015

Rising construction costs in the US and falling oil prices give LNG export projects in western Canada a window of opportunity in competition with otherwise advantaged projects to the south.

EIA: East Coast refineries got 52% of crude by rail in February

May 11, 2015

US East Coast refineries received more than half of their crude oil feedstocks by rail during February, the US Energy Information Administration reported.

Senate Democrats offer bill to phase out older rail tank cars

May 11, 2015

Legislation to accelerate the phase-out of older rail tank cars to reduce accidental crude oil spills has been introduced by Finance Committee Ranking Minority Member Ronald L. Wyden (D-Ore.) and six other US Senate Democrats.

OGJ Newsletter

May 11, 2015

International news for oil and gas professionals

Wintershall lets multiline Maria contract

May 8, 2015

Wintershall has let a $300-million contract to Subsea 7 for pipeline and subsea construction in its multihost development of Maria oil and gas field in the Norwegian Sea.

Contract let for field work onshore Brazil

May 8, 2015

Parnaiba Gas Natural (PGN) has let a contract to a consortium involving Fluor Corp. and Construcap CCPS Engenharia e Comercio related to development of Gaviao Branco natural gas field in Maranhao, Brazil.

Capito’s bill aims to improve federal pipeline permitting process

May 7, 2015

US Sen. Shelley Moore Capito (R-W.Va.) introduced legislation aimed at modernizing and improving the timeframe for proposed oil and gas pipelines to get federal approval.

US DOE sanctions LNG exports from Cove Point

May 7, 2015

The US Department of Energy reported that that it has issued a final authorization for Dominion Cove Point LNG LP to export US-produced LNG to countries that do not have a free-trade agreement with the US from its Cove Point LNG terminal in Calvert County, Md.

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