More Oil & Gas Transportation News

Shell to acquire BG Group for $70 billion

Apr 8, 2015

Royal Dutch Shell PLC has agreed to acquire BG Group PLC in a $70.1-billion cash and shares deal intended to sharpen Shell’s focus on integrated gas projects and deep water.

NTSB: Build more robust tank cars to carry crude

Apr 7, 2015

The National Transportation Safety Board (NTSB) issued four urgent recommendations calling for construction of more robust tank cars to carry crude oil, ethanol, and other highly combustible liquids via rail.

Woodside completes Apache Australian buy

Apr 7, 2015

Woodside Petroleum Ltd. has completed its $2.8 billion acquisition of Apache Corp.’s Australian LNG and oil assets. An allied $854 million deal for the company’s Canadian interests is expected to be closed this week.

Enterprise expands Houston Ship Channel LPG export terminal

Apr 7, 2015

Enterprise Products Partners LP (EPP) has expanded its LPG export terminal at the Houston Ship Channel (HSC) by 1.5 million bbl/month (2,500 bbl/hr) to 9 million bbl/month of fully refrigerated, low-ethane propane. The expansion will allow EPP to accommodate three additional ships per month.

Williams to buy more of Utica East

Apr 6, 2015

Williams Partners LP agreed to buy an additional 21% interest in Utica East Ohio Midstream LLC from EV Energy Partners LP for $575 million.

DNV, others researching concrete-coating improvements for subsea pipelines

Apr 6, 2015

With submarine pipelines increasing in diameter and extending into deeper waters and more difficult environments, design requirements for concrete weight coating often don't meet current needs.

DNV, others researching concrete-coating improvements for subsea pipelines

Apr 6, 2015

With submarine pipelines increasing in diameter and extending into deeper waters and more difficult environments, design requirements for concrete weight coating often don't meet current needs.

Texas pipelines to have $374-billion economic impact through 2024

Apr 6, 2015

Between the current year and 2024 the Texas pipeline industry will generate cumulative economic impacts (in today's dollars) of around $374 billion in economic output, $212 billion in additional gross state product, and contribute $19.5 billion to state and local government revenues.

Texas pipelines to have $374-billion economic impact through 2024

Apr 6, 2015

Between the current year and 2024 the Texas pipeline industry will generate cumulative economic impacts (in today's dollars) of around $374 billion in economic output, $212 billion in additional gross state product, and contribute $19.5 billion to state and local government revenues.

East Mediterranean Development-1: Levant basin presents narrowing resource opportunities

Apr 6, 2015

Discovery of the Levant basin province in the easternmost Mediterranean has provided an opportunity to modifify traditional political structures in the region.

Rice study: Ending crude exports ban would help US security

Apr 6, 2015

Lifting the 40-year-old US crude oil export ban would benefit pricing, energy security, and petroleum investment, according to a new study issued by the Center for Energy Studies at Rice University's Baker Institute for Public Policy in Houston.

WoodMac: US record crude stocks set to decline

Apr 6, 2015

US crude oil stocks have grown more than 30 million bbl each month so far this year, leading to a series of record highs and most recently reaching an estimated 471 million bbl of crude on Mar. 27, yet Wood Mackenzie analysts calculate the US has about 200 million bbl of unused crude storage capacity.

TransCanada to change Energy East route

Apr 2, 2015

TransCanada Corp., responding to new concern about Beluga whales and community comments, will change the destination end of its proposed Energy East pipeline.

Petronas PFLNG2 plant to use Yokogawa control-safety system

Apr 2, 2015

The consortium comprising JGC Corp. and Samsung Heavy Industries that will supply control systems and safety instrumented systems for Petronas’s second floating LNG (FLNG) plant, PFLNG2, awarded Yokogawa Electric Corp.-affiliate Yokogawa Kontrol Malaysia a contract to provide an integrated control and safety system. The system will monitor and control PFLNG2’s liquefaction and storage components.

KMI, Keyera to build crude storage terminal near Edmonton

Apr 1, 2015

Kinder Morgan Inc. (KMI) and Keyera Corp. have formed a 50-50 joint venture to build the 4.8-million-bbl Base Line above-ground crude oil storage terminal near Edmonton, Alta.

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