More Oil & Gas Transportation News

NuStar-PMI venture to move US LPG, products to Mexico

Oct 16, 2014

NuStar Energy LP and PMI, an affiliate of Petroleos Mexicanos (Pemex), signed a letter of intent for a proposed joint venture to develop LPG and refined products pipeline systems from the US into northern Mexico.

TAP issues EPC tender invitation for onshore pipeline sections

Oct 15, 2014

Trans Adriatic Pipeline AG (TAP) has issued an invitation to tender (ITT) on engineering, procurement, and construction contract, which may be split into further contracts depending on the offering bids, for its onshore portion. The ITT follows the prequalification process for onshore pipeline construction companies launched earlier this year.

ARM unit to build Bakken-Three Forks crude gathering system

Oct 15, 2014

Asset Risk Management’s wholly owned subsidiary ARM Midstream plans to build a crude oil gathering system in the Bakken shale and underlying Three Forks formation.

AMP acquires Costar Midstream for $470 million

Oct 15, 2014

American Midstream Partners LP (AMP), Denver, has acquired Costar Midstream LLC from Energy Spectrum Partners VI LP and Costar management for $470 million. The deal closed Oct. 14.

Russia likely to remain important European gas supplier, report says

Oct 15, 2014

Europe’s natural gas supply mix likely won’t change much without drastic policy interventions despite recent renewed concern over instability in Ukraine, a new Brookings Institution policy brief concluded. This effectively will ensure a continuing significant market share for Russia, it said.

TGP concludes open season for South System line, starts one for Lone Star project

Oct 15, 2014

Kinder Morgan Energy Partners LP subsidiary Tennessee Gas Pipeline Co. LLC (TGP) completed a successful binding open season for its South System flexibility project for 500,000 dth/day of north-to-south natural gas transportation capacity on its system.

KMEP to expand Houston Ship Channel terminals

Oct 14, 2014

Kinder Morgan Energy Partners LP (KMEP) plans to expand its Pasadena and Galena Park terminals on the Houston Ship Channel to provide additional refined product storage and dock services.

Contract let for TAPI gas pipeline feasibility study

Oct 14, 2014

The Asian Development Bank (ADB) has awarded a contract to Penspen Ltd., London, to conduct a technical feasibility study for the proposed 1,820-km, 56-in. OD pipeline from Turkmenistan’s 16-trillion cu m Galkynysh gas field, to Afghanistan, Pakistan, and India (TAPI).

Northeast Australia gas line link contemplated

Oct 14, 2014

The Northern Territory government has put its weight behind a proposal to build an Alice Springs-to-Moomba natural gas pipeline. This would link the Northern Territory fields with the Moomba hub in South Australia that already has connections to Queensland, New South Wales, and (indirectly) Victoria.

Santos coal seam gas pipeline gets first gas

Oct 14, 2014

The Santos Ltd.-led Gladstone LNG project in Queensland has introduced natural gas from its Surat-Bowen basin coal seam gas fields into the 420 km pipeline linking them to the LNG plant on Curtis Island for the first time.

Gazprom, CNPC sign technical agreement on cross-border section

Oct 14, 2014

OAO Gazprom and China National Petroleum Corp. have signed a technical agreement for the cross-border section Power of Siberia natural gas trunkline.

Two energy progress stories

Oct 13, 2014

US President Barack Obama quickly cited the country's improved oil and gas outlook when he declared that his administration and congressional Democratic leaders have rebuilt the US economy on a new foundation for growth and prosperity.

NGSA forecasts lower winter gas prices on a combined analysis

Oct 13, 2014

In its 14th annual Winter Outlook assessment of the natural gas market, the Natural Gas Supply Association (NGSA) expects downward price pressure on the natural gas market compared with last winter.

Oil, rail groups comment on DOT's proposed crude-by-rail regulations

Oct 13, 2014

Proposed federal crude-by-rail regulations should focus more on accident prevention and mitigation than tank-car redesigns and retrofits, two major oil industry trade associations separately said in comments submitted to the US Department of Transportation on Sept. 30.

US refiners could process more light, tight crudes, study finds

Oct 13, 2014

US refiners will have the capacity by 2020 to process 3.1-4.3 million b/d more of light, tight crude oil (LTC) than in fourth-quarter 2013, according to a Baker & O'Brien Inc. study commissioned by Consumers & Refiners United for Domestic Energy (CRUDE).

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