More Oil & Gas Transportation News

Watching Government: When condensate is product

Jul 28, 2014

It was easy to remember the Bad Old Days when the US had Old Oil, New Oil, and the Small Refiner Bias amid the kerfuffle after the US Department of Commerce's Bureau of Industry and Security (BIS) ruled in late June that condensate qualifies as an oil product for export purposes in some cases.

LNG export bill offers a compromise, Hoeven says

Jul 25, 2014

US Sen. John Hoeven (R-SD) introduced an LNG export bill that he said represents a compromise between measures introduced from both sides of the aisle. S. 2638 would give the US Department of Energy 45 days to make a national interest determination after an export project sponsor filed an application with the US Federal Energy Regulatory Commission, Hoeven said on July 24.

Gazprom Neft says deliveries forthcoming from Badra to Iraq’s main line

Jul 25, 2014

JSC Gazprom Neft reports that oil production from Badra field will soon be flowing into Iraq’s main pipeline system and then to the Basra export terminal.

Turkey approves environmental assessment for South Stream

Jul 25, 2014

OAO Gazprom reported that Turkey has approved the environmental impact assessment (EIA) for the South Stream gas pipeline in the Black Sea.

TransCanada gets Alberta go-ahead to build Northern Courier bitumen, diluent line

Jul 24, 2014

TransCanada Corp. has received the Alberta Energy Regulator’s approval to build and operate the Northern Courier Pipeline Project. The company plans to begin building the pipeline later this quarter to meet a 2017 in-service date.

DOT proposes new rules for transporting crude oil by rail

Jul 23, 2014

A train with 20 or more tank cars carrying crude oil, ethanol, or other flammable liquids would be classified as a high-hazardous flammable train (HHFT), and would be subject to lower speed limits, routing risk assessments, and other new requirements under new US Department of Transportation regulatory proposals.

Center for LNG urges DOE to scrap proposed export review changes

Jul 23, 2014

The US Department of Energy’s proposal to only issue national interest determinations to LNG export projects that have completed a National Environmental Policy Act review should be withdrawn, the Center for Liquefied Natural Gas said.

Tallgrass secures right to acquire Pony Express interest for $600 million

Jul 22, 2014

Tallgrass Energy Partners LP (TEP) has been offered the right to purchase 33.3% interest in Tallgrass Pony Express Pipeline LLC by Tallgrass Development LP for $600 million.

Alaska LNG project partners file export application with DOE

Jul 21, 2014

Partners in the Alaska LNG project marked another milestone after reporting the filing of an application with the US Department of Energy for the export of as much as 20 million tonnes/year of LNG for 30 years to countries that have existing free-trade agreements with the US, as well as to non-FTA countries.

US should be ready if Petro Caribe tightens credit terms, study says

Jul 21, 2014

The possibility that Venezuela's financial support for energy imports in the region could erode quickly makes it imperative for the Obama administration to adopt a wide range of policies to avoid an energy crisis in the Caribbean and Central America, a recent Atlantic Council report said.

Watching Government: Alaska gas line milestone

Jul 21, 2014

There had been numerous earlier agreements reached to build an Alaska natural gas pipeline.

Middle class key to MENA energy subsidy reforms, speakers say

Jul 21, 2014

Countries in the Middle East and North Africa (MENA) are talking more openly about energy subsidy reforms, but governments need to pay closer attention to middle-class consumers' concerns if they expect to make more progress, speakers said during a July 10 forum at the Atlantic Council.

US refiners pursue more overseas product sales, EIA forum told

Jul 21, 2014

US refiners continue to respond to a changed competitive environment with additional investments and aggressive oil product export deals, speakers said during the US Energy Information Administration's 2014 energy conference's opening day.

EIA conference speakers warn of US light crude oil's 'day of reckoning'

Jul 21, 2014

The US could find its light crude oil production growth stymied if it doesn't allow more of it to be exported, speakers warned during the US Energy Information Administration's 2014 energy conference's first day.

OGJ Newsletter

Jul 21, 2014

International news for oil and gas professionals

Stay Connected