More Oil & Gas Transportation News

BP Energy Outlook projects global energy demand to jump 37% by 2035

Feb 17, 2015

Global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4%/year, due in large part to ongoing economic expansion in Asia, particularly in China and India, according to the latest BP Energy Outlook 2035.

Montana governor wants PHMSA to beef up pipeline enforcement in state

Feb 17, 2015

Citing a Jan. 17 leak of 1,200 bbl of crude oil from a ruptured pipeline in eastern Montana, Gov. Steve Bullock (D) asked US Sec. of Transportation Anthony Foxx to send more pipeline inspectors to the state and schedule more inspections there.

Derailed West Virginia oil train carried Bakken crude

Feb 17, 2015

A large-scale cleanup and investigation have launched following the Feb. 16 derailment of a CSX crude oil train near Mount Carbon, W.Va.

Phillips 66 Partners to buy pipeline systems’ interests for $1 billion

Feb 16, 2015

Phillips 66 Partners LP has reached agreement with Phillips 66 to acquire Phillips 66’s interests in three pipeline systems for a total of $1.01 billion.

Bear Head LNG exempted from 2012 Canadian environmental act

Feb 16, 2015

Liquefied Natural Gas Ltd.’s wholly owned subsidiary Bear Head LNG Corp. received notice from the Canadian Environment Assessment Agency (CEAA) that its proposed LNG liquefaction plant and export terminal in Nova Scotia would not need to adhere to the Canadian Environmental Assessment Act of 2012 (CEAA 2012).

Alberta's premier seeks more North American energy integration

Feb 16, 2015

Better policy integration and cooperation will be needed for Canada, Mexico, and the US to fully realize the North American energy renaissance's potential, Alberta Premier Jim Prentice said.

Watching Government: New York moves ahead on LNG

Feb 16, 2015

New York, a state more often associated with fiercely resisting unconventional natural gas exploration and production, established a program to regulate LNG facilities on Jan. 27.

BG's 2015 budget 'significantly lower' than 2014

Feb 16, 2015

BG Group plans capital expenditures on a cash basis of $6-7 billion in 2015, a range it says is "significantly lower than 2014" due to "a lower oil price environment."

Pessimism mounts over UK offshore industry

Feb 16, 2015

Pessimism about the UK offshore oil and gas industry is gaining momentum.

OGJ Newsletter

Feb 16, 2015

International news for oil and gas professionals

Alaska LNG project partners file resource reports with FERC

Feb 12, 2015

A series of draft environmental and socioeconomic reports for the Alaska LNG project have been submitted to the US Federal Energy Regulatory Commission, which is responsible for conducting the environmental review of the project.

US House vote sends Keystone XL approval bill to Obama’s desk

Feb 12, 2015

The US House of Representatives voted by 270 to 152 to pass S. 1, which would deem the proposed Keystone XL crude oil pipeline approved more than 6 years after sponsor TransCanada Corp. applied for its presidential crossborder permit. The Feb. 11 action sends the measure to US President Barack Obama’s desk, where it is likely to be vetoed.

Australia Pacific LNG receives first gas at Curtis Island

Feb 12, 2015

The Origin Energy Ltd.-led Australia Pacific LNG (APLNG) has reached a major milestone with first gas arriving at the group’s LNG plant on Curtis Island near Gladstone on the central east coast of Queensland.

TransCanada challenges EPA’s comments on Keystone XL SEIS

Feb 11, 2015

TransCanada Corp. responded to the Feb. 2 comment letter from the US Environmental Protection Agency on the US Department of State’s final supplemental environmental impact statement (SEIS) for the Keystone XL crude oil pipeline.

PNR cuts capital spending nearly in half

Feb 11, 2015

Pioneer Natural Resources Co. (PNR), Dallas, plans to spend $1.85 billion in 2015 following a fourth quarter in which the company reported a net income of $431 million. The new budget represents a 45% reduction from 2014 capital spending for continuing operations, a change attributed to low oil prices.

Stay Connected