More Oil & Gas Transportation News

Rosneft, Essar sign terms of oil supply agreement

Dec 11, 2014

OAO Rosneft and Essar Energy PLC have signed key terms of an oil supply agreement in New Delhi. Rosneft said shipments to India may begin in 2015.

Barton introduces bill to remove US crude export limits

Dec 11, 2014

US Rep. Joe Barton (R-Tex.) introduced legislation that would remove US crude oil export limits that have been in place for nearly 40 years.

BG agrees to sale of Australian gas pipeline to APA Group

Dec 10, 2014

BG Group PLC agreed to sell its wholly owned subsidiary Queensland Curtis LNG Pipeline Pty. Ltd. (QCLNG) to APA Group for about $5 billion.

More West Texas gathering, processing to come onstream

Dec 9, 2014

EagleClaw Midstream Services LLC, Midland, Tex., has bought natural gas gathering and processing in Reeves County, Tex. The company declined to identify the seller.

Methane controls just part of complete climate strategy, speakers say

Dec 8, 2014

Reducing oil and gas operations’ methane emissions is an essential, but far from the only, part of a comprehensive climate strategy, speakers at a Center for Strategic and International Studies event agreed. Efforts should be combined with an aggressive program to curb excessive carbon dioxide releases, they said.

Rail tank car rule could cost economy billions, report says

Dec 8, 2014

The US Pipeline and Hazardous Materials Safety Administration's (PHMSA) proposed rail tank car rule could cost the US economy as much as $60 billion, a report commissioned by the Railway Supply Institute (RSI) found.

WoodMac: OPEC's decision undermines potential for near-term price recovery

Dec 8, 2014

The decision by the Organization of Petroleum Exporting Countries to maintain its members' production quota at 30 million b/d directs the focus of crude oil pricing on oil-demand growth expectations and tight-oil breakeven economics, said Wood MacKenzie Ltd.

Renewed dilbit investigation faces similar hurdles of past debate

Dec 5, 2014

A National Research Council committee opened a second investigation of potential environmental consequences from diluted bitumen (dilbit) spills from pipelines. It quickly became apparent that this committee would encounter similar problems balancing the need to keep the inquiry manageable while addressing a sufficiently wide range of questions.

Magnolia LNG lets EPC contract to SK E&C USA

Dec 3, 2014

Magnolia LNG LLC parent-company Liquefied Natural Gas Ltd. agreed to an engineering, procurement, and construction contract with SK E&C USA covering installation of Magnolia’s initial 4 million-tonne/year (tpy) liquefaction capacity, two 160,000-cu m storage tanks, a jetty and related ship-loading equipment, and all required approvals and licenses for the full 8 million-tpy project.

Southwestern continues Marcellus expansion

Dec 3, 2014

Southwestern Energy Co., Houston, has signed an agreement to purchase oil and gas assets, including 46,700 net acres, in northeast Pennsylvania from WPX Energy Inc., Tulsa, for $300 million.

Proposed rail tank car rule could cost economy billions, report says

Dec 2, 2014

The US Pipeline & Hazardous Materials Administration’s proposed rail tank car rule could cost the US economy as much as $60 billion, a report commissioned by the Railway Supply Institute found.

Keyera to own interest in new deep-cut gas plant

Dec 2, 2014

Keyera Corp., Calgary, will take a 35% stake with Bellatrix Exploration Ltd., Calgary, in a deep-cut natural gas processing plant and related pipelines currently under construction by Bellatrix in the Alder Flats in west-central Alberta.

After scuttling South Stream, Russia plans line to Turkey instead

Dec 2, 2014

Russia has decided against the construction of the 930-km South Stream natural gas pipeline across the Black Sea from Russia to Bulgaria, citing delays on the part of the European Union in taking the steps necessary to move forward.

Pipeline leak dampens Atlantic LNG production

Dec 1, 2014

Atlantic LNG (ALNG) reported a 35% reduction in LNG production because of insufficient natural gas supply from Trinidad and Tobago’s National Gas Co. (NGC).

Real-time monitoring improves LNG inventory measurement

Dec 1, 2014

Kogas has improved the calculation method for determining stocks at its LNG terminals, changing from a sampling method to a real-time monitoring system using a level, temperature, and density meter installed in the tank.

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