More Oil & Gas Transportation News

Gazprom, KMG extend Karachaganak supply contract to 2038

Jun 18, 2015

OAO Gazprom and JSC KazMunayGas (KMG) reported a contract extension to 2038 for supply from Karachaganak gas-condensate field in Kazakhstan.

Wintershall to sell interests in five Norwegian fields

Jun 18, 2015

Wintershall Holding GMBH plans to sell interests in five Norwegian fields to Oslo-based Tellus Petroleum AS. The $602-million transaction is expected to close by yearend.

Petrovietnam acquires Chevron assets in Vietnam

Jun 17, 2015

Petrovietnam has acquired Chevron Corp. assets in Vietnam for an undisclosed price. The deal includes a 42.38% operating interest in a production-sharing contract for Blocks B and 48/95, and a 43.4% operating interest in a PSC for Block 52/97, all offshore southwestern Vietnam.

US crude export debate increasingly geopolitical, EIA conference told

Jun 16, 2015

The ongoing debate over whether more US crude oil exports should be authorized has more in common with conditions in the 1980s when supplies were ample and prices were low than the 1970s when supplies were tight and prices were high, a leading market observer said.

Papua New Guinea LNG ships 100th cargo

Jun 15, 2015

The ExxonMobil Corp.-led PNG-LNG Project in Papua New Guinea has shipped its 100th cargo of LNG to Japan.

NGSA: Downward pressure expected on gas prices this summer

Jun 15, 2015

Despite expectations for record-setting summer demand, pressure on this summer's natural gas prices is likely to be downward compared with summer 2014, the Natural Gas Supply Association said in its 15th annual Summer Outlook assessment of the natural gas market.

PHMSA finds 82% WT loss at Santa Barbara rupture site

Jun 15, 2015

Plains All American Pipeline LP's (PAA) 24-in. OD Coastal Line 901 crude pipeline had suffered 82% WT loss at the site of the May 19 rupture in Santa Barbara, Calif., according to an amended corrective action order issued June 3 by the US Pipeline and Hazardous Materials Safety Administration (PHMSA).

One incident too many

Jun 15, 2015

Something about the safety of oil pipelines is wrong. When a pipeline leaks crude oil into California's Santa Barbara Channel, of all places, something is very wrong.

OGJ Newsletter

Jun 15, 2015

Cheniere outlines LNG project developments

Jun 11, 2015

Cheniere Energy Inc. plans to add 19 million tonnes/year of incremental production capacity to two LNG projects, bringing the company’s aggregate nominal production capacity to 60 million tpy by 2025.

Lithuanian ambassador urges US to move faster on energy exports

Jun 11, 2015

US policymakers must move more aggressively to export more oil and gas so European nations can continue reducing their dependence on Russian supplies, Lithuania’s ambassador to the US declared. “We need [LNG] from America now,” Zygimantas Pavilionis said. “We can’t wait another 10 years.”

BLM's final fracturing rule outlines more public land regs

Jun 11, 2015

Three years after its initial proposal, the Department of Interior's Bureau of Land Management (BLM) finalized new regulations applicable to hydraulic fracturing activities on federal and tribal lands.

Prism Midstream to start work on Bedrock liquids-handling facility

Jun 10, 2015

Prism Midstream LLC will begin construction this month of the Bedrock liquids-handling facility in Crockett County, Tex., to handle both on-specification and off-specification NGLs and off-spec condensate.

Enbridge agrees to remediate 2010 Michigan leak’s environmental damages

Jun 9, 2015

Several Enbridge Inc. affiliates agreed to complete natural resource restoration projects along the Kalamazoo River to remediate damages from a 2010 crude-oil pipeline leak that resulted in one of the largest inland spills in US history, the US Department of Justice reported.

ETP provides details on Revolution pipeline, processing project

Jun 8, 2015

Energy Transfer Partners LP (ETP), Dallas, has released details on its Revolution project for the Marcellus and Upper Devonian areas of western Pennsylvania.

Stay Connected