More Oil & Gas Transportation News

Construction begins on Cove Point LNG export project

Oct 30, 2014

Dominion Cove Point LNG LP has started construction on the Cove Point LNG export project on Chesapeake Bay near Lusby, Md., a month after the US Federal Energy Regulatory Commission authorized building the facility.

TransCanada files Energy East application

Oct 30, 2014

TransCanada Corp. has filed a formal project application with Canada’s National Energy Board for the Energy East Pipeline, which is to carry as much as 1.1 million b/d of crude oil from Alberta and Saskatchewan to refineries and terminals in eastern Canada.

Western Gas to acquire Delaware basin midstream operator

Oct 29, 2014

Western Gas Partners LP will acquire Nuevo Midstream LLC for $15 billion in cash, Nuevo Midstream and its private equity backer EnCap Flatrock Midstream have reported.

Energy Transfer, Phillips 66 in pipeline JVs

Oct 29, 2014

Energy Transfer Equity LP, Energy Transfer Partners LP, and Phillips 66 have formed joint ventures to develop two crude oil pipelines that together will connect the Bakken/Three Forks play in North Dakota with the US Gulf Coast.

Oneok to acquire Permian NGL assets for $800 million

Oct 27, 2014

Oneok Partners LP, Tulsa, has agreed to acquire NGL pipelines and related assets in the Permian basin from affiliates of Chevron Corp. for $800 million. The deal is expected to close in the fourth quarter.

NBP launches open season for Bakken Header Supply Lateral project

Oct 27, 2014

Northern Border Pipeline Co. (NBP), Houston, launched a month-long nonbinding open season to gauge shipper interest in a pipeline project to transport natural gas from the Bakken area of North Dakota into the NBP system.

Constitution gas pipeline gets environmental nod from FERC

Oct 27, 2014

Constitution Pipeline Co. LLC has received a final environmental review from the US Federal Energy Regulatory Commission, which clears the way for construction of the proposed 124-mile, 30-in. Constitution natural gas system from supply areas in northeast Pennsylvania to existing transmission pipelines in Schoharie County, NY.

GAO sees differing crude, product price impacts with more exports

Oct 27, 2014

Removing US crude oil export restrictions would likely increase crude prices and decrease consumer fuel prices, the Government Accountability Office said in a recent report.

TransCanada issued EAC for Coastal GasLink project

Oct 27, 2014

TransCanada Corp. reported that the British Columbian Environmental Assessment Office has issued an environmental assessment certificate (EAC) for the Coastal GasLink pipeline project.

Williams Partners, Access Midstream Partners to merge

Oct 27, 2014

Williams Partners LP and Access Midstream Partners LP, both owned by Williams Cos., Tulsa, have agreed to merge. Williams in June purchased the remaining 50% general partner interest that it didn’t previously hold in Access Midstream, giving way to the merger proposal.

PNR head urges DOC to issue condensate export permits to others

Oct 27, 2014

The head of an independent oil and gas company that in late June received one of the first two federal approvals to export condensate urged the US Department of Commerce to begin issuing similar permits to other applicants.

EIA continues to cut price forecasts for US crude oil, gasoline

Oct 27, 2014

Weakening global demand and higher Libyan oil exports have driven down North Sea Brent crude oil spot prices to an average of $97/bbl in September, a decrease of $5/bbl from August and the first month Brent crude oil prices have fallen below $100/bbl since June 2012.

API: US petroleum demand falls in September, third quarter

Oct 27, 2014

Total US petroleum deliveries, a measure of demand, averaged 18.6 million b/d last month, down 3.5% from September 2013, as stated in the latest monthly statistics from the American Petroleum Institute. For the third quarter, petroleum deliveries fell 0.9% from the same period last year.

Watching Government: Europe's 'gas stress test'

Oct 27, 2014

The European Commission quietly acknowledged the possibility of a Russian natural gas supply interruption amid unrest in Ukraine when its member countries put energy security measures it adopted in May to a "gas stress test" this fall.

EIA: US crude oil exports, re-exports climb

Oct 23, 2014

According to the latest data from the US Census Bureau, US exports of crude oil reached 401,000 b/d in July—the highest level in 57 years and the second-highest monthly export volume for the US Energy Information Administration’s records dating back to 1920.

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