More Oil & Gas Transportation News

China accelerates shale gas development

Oct 6, 2014

China began tapping into its shale gas resources as early as 1996 (Table 1). But after a 2014 government report proposed that the nation "speed up the exploration and development of shale gas resources," the revolution is getting into full swing.

Eurasian pipelines threaten LNG growth

Oct 6, 2014

Early LNG suppliers to the East Asian market, such as Malaysia and Indonesia, may be able to retain their market positions based on existing long-term contracts, but newer projects in Australia, Papua New Guinea, Persian Gulf states, and Mozambique could find themselves at commercial disadvantage if overland Eurasian infrastructure expansion proceeds.

US should reexamine Jones Act, Tesoro’s CEO recommends

Oct 2, 2014

Tesoro Corp. Chief Executive Officer Gregory J. Goff called for a review of the Jones Act, a federal law dating from the 1920s that requires US-produced goods moving between US ports to do so aboard US-flagged vessels.

Reworked LNG export policy should consider longer term, speaker says

Oct 1, 2014

The US should consider how a reformed LNG exports policy could help facilitate a longer-term transition to renewable and alternative energy sources, a former US Department of State official suggested.

TC PipeLines to acquire remaining interest in Bison Pipeline

Oct 1, 2014

TC PipeLines LP (TCPL) has agreed to acquire the remaining 30% interest in Bison Pipeline LLC from TransCanada Corp. for $215 million.

KMEP extends open season for Palmetto project

Oct 1, 2014

Kinder Morgan Energy Partners LP (KMEP) has extended the binding open season to solicit commitments for the proposed $1-billion Palmetto project to Oct. 30 at 5 p.m. CDT from the original end date of Sept. 30.

Gazprom, Turkey agree to expand Blue Stream capacity

Oct 1, 2014

OAO Gazprom and Turkey have agreed to expand the Blue Stream gas pipeline’s capacity to 19 billion cu m (bcm)/year from 16 bcm/year “to satisfy the growing demand of Turkish consumers.”

FERC gives Dominion approval to build Cove Point LNG export project

Sep 30, 2014

The US Federal Energy Regulatory Commission gave Dominion Cove Point LNG LP authorization to build an LNG export facility on the Chesapeake Bay near Lusby, Md., east of Washington, DC.

EPP to build processing, pipelines for Delaware basin

Sep 30, 2014

Enterprise Products Partners LP (EPP), Houston, will build a cryogenic natural gas processing plant in Eddy County, NM, along with associated gas and NGL pipelines to handle growing production of NGL-rich natural gas in the Delaware basin.

Enagas becomes TAP shareholder; Fluxys increases stake

Sep 30, 2014

Enagas has joined the Trans Adriatic Pipeline AG (TAP) project as a new shareholder with a 16% stake in the company. Separately, existing shareholder Fluxys has increased its TAP stake to 19% from 16%.

EPP completes first segment of Aegis ethane pipeline

Sep 30, 2014

Enterprise Products Partners LP reported that construction has been completed of the first segment of the Aegis ethane pipeline between Mont Belvieu and Beaumont, Tex.

EnLink Midstream to purchase Gulf Coast gas pipeline systems

Sep 29, 2014

A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC has agreed to acquire Gulf Coast natural gas pipeline assets, including the Bridgeline system predominantly residing in Southern Louisiana, from Chevron Pipe Line Co. and Chevron Midstream Pipelines LLC for $235 million. The transaction is expected to be completed in the fourth quarter.

BHP, ExxonMobil align on Scarborough FLNG project

Sep 29, 2014

BHP Billiton has finally agreed with ExxonMobil that a floating LNG (FLNG) vessel is the best way to develop the Scarborough gas field in retention lease WA-1-R on the Exmouth Plateau offshore Western Australia.

Price of gasoline important to US policy (sometimes)

Sep 29, 2014

The price of gasoline is important in the making of US energy policy-except when it is not.

China's demand growth may make it globally dominant, speakers suggest

Sep 29, 2014

China potentially could dictate terms as the fastest growing market in a world suddenly awash in potential oil and gas resources, speakers suggested during a discussion of energy and security in China and Pacific Asia at the Woodrow Wilson Center for Scholars.

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