More Oil & Gas Transportation News

US crude exports seen helping consumers

Aug 18, 2014

Ending the US ban on exports of crude oil would hurt refiners now profiting from low feedstock costs but help producers and consumers, says an analyst at the Federal Reserve Bank of Dallas.

EnLink to continue Utica expansion with 45-mile condensate pipeline

Aug 18, 2014

EnLink Midstream Partners LP and EnLink Midstream LLC, affiliates of EnLink Midstream, plan to build a 45-mile, 8-in. condensate pipeline and six natural gas compression and condensate stabilization facilities in the Ohio River Valley at a total cost of more than $250 million.

EIA: China to increase natural gas consumption, investment

Aug 18, 2014

China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5 tcf/year of gas by the end of 2015, according to a recent analysis from the US Energy Information Administration.

DOE finalizes LNG export national interest review reforms

Aug 15, 2014

The US Department of Energy finalized reforms it proposed on May 29 to its process for determining whether planned LNG export projects are in the national interest.

Murex, Cetane to double Permian rail terminal capacity

Aug 15, 2014

Murex LLC and Cetane Energy LLC agreed to double the capacity at their Cetane crude oil transloading terminal in Carlsbad, NM, to 40,000 b/d by July 2015. Murex says it and Cetane have already worked closely with the BNSF Railway and Southwest Railroad to convert Cetane from what was a 25 car/day manifest terminal into a site capable of shipping as many as two unit trains/week.

Prelude FLNG turret sets sail for Samsung shipyard

Aug 15, 2014

The largest piece of the turret for Shell’s 3.6 million tonne/year Prelude floating LNG (FLNG) plant has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the vessel is under construction.

Eustream to begin testing Slovak gas line to Ukraine

Aug 14, 2014

Eustream Slovak Gas TSO will begin testing phase for the 10-billion cu m/year Vojany–Uzhorod natural gas pipeline Aug. 16. Eustream is upgrading the previously idle line to return it to service for shipment of gas from the European Union to Ukraine.

Work begins on Jordan LNG import-terminal jetty

Aug 13, 2014

Aqaba Development Corp. contractor BAM International BV has begun work on the jetty for Jordan’s planned floating storage and regasification unit (FSRU) project at Aqaba, at the top of the Gulf of Aqaba. ADC expects work on the jetty to be complete in April 2015.

PennEast to build $1-billion Marcellus pipeline

Aug 12, 2014

PennEast Pipeline Co. LLC plans to construct a $1-billion, 100-mile pipeline extending from Luzerne County in northeastern Pennsylvania to Transco’s Trenton-Woodbury interconnection in New Jersey.

Columbia to build Marcellus-Utica gas pipeline

Aug 12, 2014

Columbia Gas Transmission (CGT), part of NiSource Inc.’s Columbia Pipeline Group, will build a 160-mile natural gas pipeline, Leach XPress, in Ohio and West Virginia, supporting gas supply development in western Pennsylvania, northern West Virginia, and eastern Ohio.

INGAA Foundation, ICF jointly release infrastructure study data

Aug 12, 2014

Data are now available that underpin a major natural gas infrastructure study the INGAA Foundation Inc. released in March, the foundation and ICF International, which prepared the study, jointly announced on Aug. 11.

KMI executes $71-billion consolidation purchase

Aug 11, 2014

Kinder Morgan Inc. (KMI), Kinder Morgan Energy Partners LP (KMEP), Kinder Morgan Management LLC (KMR), and El Paso Pipeline Partners LP reported that KMI will acquire all of the outstanding equity securities of KMEP, KMR and El Paso, creating a single publicly traded security, KMI. The total purchase price of the transaction was $71 billion: $40 billion KMI equity, $4 billion cash, and $27 billion assumed debt.

Finlayson appointed InterOil chairman

Aug 11, 2014

Chris Finlayson has been named InterOil Corp. chairman-designate. He succeeds Gaylen Byker, who announced at the company’s annual meeting in June that he would retire after 17 years on the board.

Apache planning exit of LNG projects in Australia, Canada

Aug 11, 2014

In a move "consistent" with its "ongoing repositioning for profitable and repeatable North American onshore growth," Houston independent Apache Corp. reported July 31 during its quarterly earnings statement that it would exit completely its holdings in the Wheatstone LNG project in Western Australia and the Kitimat LNG project in Bish Cove, British Columbia.

Watching Government: Baltic States want US LNG

Aug 11, 2014

The risk is obvious when a Washington forum notice says it will try to get "beyond rhetoric." So much of what passes for discussion here depends on supporting a position with tried-and-true slogans and rigorously staying "on-message."

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