More Oil & Gas Transportation News

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.

China, not Russia, could shape Asia's energy future, speakers say

Sep 29, 2014

China apparently could be in a better position than Russia to directly influence future Asian oil and gas development and policies, speakers agreed during a Sept. 22 discussion at the Center for Strategic & International Studies.

BIS condensates ruling galvanized crude exports debate, speakers say

Sep 29, 2014

A US Department of Commerce agency's controversial condensate exports decision in late June that purportedly dealt with distillation actually involved stabilization, a different upgrading process, a Turner Mason & Co. official said on Sept. 19.

Oil spill reported in Quintero Bay, Chile

Sep 25, 2014

Inchcape Shipping Services (ISS) has reported an oil spill at Quintero Bay, Nr Valparaiso, Chile, following an incident on Sept. 24 at the Monobuoy Terminal.

API publishes new recommended practices for shipping crude by rail

Sep 25, 2014

The American Petroleum Institute published a new set of recommended practices for testing and classifying crude oil for rail shipment and loading it into rail tank cars. Given its importance, API said it initially would make the new standard available to interested parties at no charge.

Magellan launches Niobrara-to-Cushing crude line open season

Sep 24, 2014

Magellan Midstream Partners LP has launched an open season to assess customer interest in transporting various grades of crude oil from the Niobrara shale to its storage site in Cushing, Okla., via its proposed 600-mile, 20-in. OD Saddlehorn pipeline.

South Louisiana, Texas gas plant, pipeline projects advance

Sep 24, 2014

EnLink Midstream Partners LP, Dallas, has completed construction of Phase 2 of the Cajun-Sibon natural gas liquids expansion in South Louisiana as well as construction of the Bearkat gas processing plant and rich-gas gathering system in West Texas.

EIA: Higher Permian production, insufficient pipelines hike WTI oil hub spreads

Sep 23, 2014

Crude oil prices in the Permian basin at Midland, Tex., have been falling below similar crude priced at Cushing, Okla., due to increasing production in the area and insufficient pipeline systems to move the crude to refineries, according to an analysis of the US Energy Information Administration.

Total to sell Utica midstream assets to Korean firms

Sep 23, 2014

Total SA affiliate Total E&P USA has agreed to sell its 25% interest in Cardinal Gas Services LLC, a midstream company in Ohio’s Utica shale, to E1 Corp. and a consortium led by Samchully, both from South Korea, for $400 million plus an estimated price adjustment of $50 million.

BIS condensates ruling galvanized crude exports debate, speakers say

Sep 22, 2014

A US Department of Commerce agency’s controversial condensate exports decision in late June that purportedly dealt with distillation actually involved stabilization, a different upgrading process, a Turner Mason & Co. official said on Sept. 19.

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