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Phillips 66 plans to form MLP

Dec 13, 2012

Phillips 66 plans to form a master limited partnership with some of its transportation assets although the company said it’s still evaluating which assets will go into the MLP.

Crosstex to build Phase II Louisiana NGL expansion

Dec 12, 2012

Crosstex Energy companies, Crosstex Energy LP and Crosstex Energy Inc., will build Phase II of their Cajun-Sibon NGL pipeline extension and fractionator expansion in Louisiana.

BHP Billiton sells out of Browse LNG project

Dec 12, 2012

BHP Billiton has sold all its interests in the Woodside Petroleum-led Browse LNG joint venture to PetroChina for $1.63 billion.

Montana completes pipeline safety review

Dec 11, 2012

Montana’s Oil Pipeline Safety Review Council, formed July 20, 2011, in the wake of ExxonMobil Pipeline Co.’s 1,000-bbl crude spill into the Yellowstone River, has issued its recommendations to the governor’s office.

Alaska governor discussing possible gas exports to Asia

Dec 11, 2012

Alaska Gov. Sean Parnell discussed the possible export of natural gas from Alaska to Asia during a Dec. 10 meeting in Juneau with Korea Gas Corp.’s Chief Executive Kangsoo Choo. Parnell said he has scheduled meetings with other potential buyers of Alaska gas.

Gorgon-Jansz LNG project costs continue to rise

Dec 10, 2012

Costs for the Chevron Corp.-led Gorgon-Jansz LNG project offshore Western Australia have risen by $9 billion (Aus.) to now stand at an estimated $52 billion (Aus.) for the first three trains.

Floating LNG gains buoyancy

Dec 10, 2012

The energy industry has discussed floating natural gas liquefaction for more than 30 years as an option to develop gas from remote offshore locations. Douglas-Westwood recently forecast $47.4 billion total will be spent on FLNG during 2013-19.

OGJ Newsletter

Dec 10, 2012

International news for oil and gas professionals

Enbridge advances Bakken-targeted LOMA program

Dec 7, 2012

Enbridge Inc. has received sufficient shipper support to advance its Light Oil Market Access Program.

Noble discusses Leviathan gas development offshore Israel

Dec 7, 2012

Noble Energy Inc. expects first-phase development of Leviathan offshore natural gas field will provide initial production of as much as 750 MMcfd for Israel via a northern entry point in 2016.

ETP, Regency open West Texas Gateway NGL pipeline

Dec 7, 2012

Energy Transfer Partners LP and Regency Energy Partners LP have placed their 570-mile Lone Star West Texas Gateway NGL Pipeline into service ahead of schedule.

Dow Chemical slaps DOE LNG-export report

Dec 7, 2012

A major user of natural gas for chemical production has added to criticism of the Department of Energy’s report on the economic benefits of US LNG exports, saying it gives insufficient attention to the benefits of gas use in domestic manufacturing (OGJ Online, Dec. 6, 2012).

DOE releases report on LNG exports' broader economic benefits

Dec 6, 2012

Increased natural gas exports would broadly benefit the US economy, a Dec. 3 report commissioned by the US Department of Energy concluded.

Gazprom touts first LNG cargo delivered to Asia via northern seas

Dec 6, 2012

The marketing arm of OAO Gazprom reports an LNG carrier it holds under charter successfully delivered last month the first LNG cargo via the “Northern Sea Route,” that is, over the top of Europe to Asia via seas usually icebound (OGJ Online, Jan. 9, 2012).

Atlas Pipeline to buy Cardinal Midstream

Dec 5, 2012

Atlas Pipeline Partners LP has agreed to buy Cardinal Midstream LLC. Owned or operated assets will include three cryogenic processing plants totaling 220 MMcfd capacity, about 66 miles of associated pipelines, and a gas treating business including 17 treatment plants in assorted hydrocarbon basins.

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