Midstream

EnerCom’s 20th Anniversary The Oil & Gas Conference® Begins Aug. 16

EnerCom’s 20th Anniversary The Oil & Gas Conference® Begins Aug. 16

North America’s Largest Energy-Focused Investor Conference Comes to Denver Aug. 16-20

  • Conference presenters are operating in more than 40 countries on six continents 

  • Enterprise values of presenting companies range from $160 billion to $9 million

  • CNBC and Fox Business to

Natural Gas Pipeline from Iran to Iraq could be Ready in 20 Days

Natural Gas Pipeline from Iran to Iraq could be Ready in 20 Days

Iranian Gas Engineering and Development Company says pipeline could be ready before the end of August

Managing Director of the Iranian Gas Engineering and Development Company Alireza Gharibi said the company finished testing 100 kilometers (about 62 miles) of pipeline …

August 3, 2015 - 2:03 pm International, Midstream, Oil and Gas 360 Articles, OPEC
EVX Midstream Announces Formation and $75 Million of Funding

EVX Midstream Announces Formation and $75 Million of Funding

Private equity firm Five Point Capital funds midstream MLP EVX

EVX Midstream Partners announced its formation last Friday with a $75 million equity commitment from Five Point Capital Partners. EVX is a private midstream MLP that will focus on the …

July 21, 2015 - 5:47 pm Midstream, MLPs, Oil and Gas 360 Articles
Enterprise Products Partners: $1.5 Billion Midstream Asset Sale Finances Purchase of Eagle Ford Midstream

Enterprise Products Partners: $1.5 Billion Midstream Asset Sale Finances Purchase of Eagle Ford Midstream

Divested Assets Worth 3% of EPD’s Gross Operating Margin

Enterprise Products Partners (ticker: EPD), the largest master limited partnership in EnerCom’s MLP Scorecard Benchmarking Report, has sold its offshore Gulf of Mexico pipelines and services business to Genesis Energy LP …

Map: World Review

12 of 14 Blocks Go Unsold in Mexico’s First Oil & Gas Auction

American Majors Avoid Shallow Water Round

Mexico offered its first auction for oil and gas rights in 77 years today.

It presented a total of 14 blocks in the shallow Gulf of Mexico. A handful of bids were received but …

Oil & Gas 360 Energy News

Arc Logistics Enters Weld County Midstream with $76.6 Million Acquisition

Pawnee Terminal offers connection into Pony Express Pipeline to CushingArc Pawnee Terminal

Arc Logistics (ticker: ARCX) announced today the $76.6 million acquisition of all the limited liability company interest of UET Midstream from United Energy Trading and Hawkeye Midstream. The consideration for …

Crude by Rail Grows to 19% of the Rocky Mountains Crude Shipments, but Future Growth may be Limited

Crude by Rail Grows to 19% of the Rocky Mountains Crude Shipments, but Future Growth may be Limited

Crude by rail continues to grow alongside production in the Rocky Mountains

As crude oil production in the Rocky Mountains, Petroleum Administration for Defense District (PADD) 4, has steadily increased, so too has the use of railways to transport crude …

July 15, 2015 - 3:41 pm Midstream, Oil and Gas 360 Articles
Moscow Looks to Supply Natural Gas Directly to Greece

Moscow Looks to Supply Natural Gas Directly to Greece

Russian Energy Minister Alexander Novak said the two countries are looking to increase energy ties

Moscow is considering shipping natural gas directly to Greece through the Turkish Stream Pipeline, which it hopes to build across Greek territory, reports International Business

July 14, 2015 - 6:50 pm International, Midstream, Oil and Gas 360 Articles
MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

Combined Companies will Create Fourth Largest MLP

MPLX LP (ticker: MPLX), the master limited partnership (MLP) vehicle of Marathon Petroleum (ticker: MPC), has announced the oil and gas industry’s third-largest acquisition to date in 2015.

According to news releases from …

July 13, 2015 - 6:16 pm Midstream, MLPs, Oil and Gas 360 Articles
Halliburton and Baker Hughes Agree to Extend DOJ Review in $34.6 Billion Merger Deal

Halliburton and Baker Hughes Agree to Extend DOJ Review in $34.6 Billion Merger Deal

Department of Justice given until November 25 to review Halliburton and Baker Hughes merger

Oilfield service giants Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) announced today that they have entered into a timing agreement with the Antitrust Division of …

Top Minds in the Business: Mike Howard, CEO Howard Energy Partners

Top Minds in the Business: Mike Howard, CEO Howard Energy Partners

Energy infrastructure is becoming increasingly important as the United States steps into the role of the world’s largest producer, pumping about 55 quadrillion Btu (about 27.5 MMBOEPD) of petroleum and natural gas in 2014. The growth of production has …

Pennsylvania Forms Task Force to Oversee Construction of 25,000 Miles of Pipeline

Pennsylvania Forms Task Force to Oversee Construction of 25,000 Miles of Pipeline

New task force focuses on developing Pennsylvania infrastructure responsibly

In 2014, Pennsylvania became the second largest natural gas producing state after Texas, producing over 4 trillion cubic feet of natural gas last year, according to the Energy Information Administration. …

July 9, 2015 - 6:43 pm Midstream, Oil and Gas 360 Articles
Magnum Hunter Midstream Subsidiary Announces Another Company Throughput Record

Magnum Hunter Midstream Subsidiary Announces Another Company Throughput Record

Outright Midstream Sale Could Generate $600 to $700 Million

Eureka Hunter Pipeline, a privately owned subsidiary of Magnum Hunter Resources (ticker: MHR), surpassed throughput volumes of 700 MMcf/d on July 2, 2015, according to a company release. Eureka spans …

Union Pacific Adds $1,200 Surcharge for DOT-111 Crude Oil Rail Cars

Union Pacific Adds $1,200 Surcharge for DOT-111 Crude Oil Rail Cars

Union Pacific charges add approximately $1.71 per barrel in shipping costs

Union Pacific Corp. (ticker: UNP) announced that it will charge customers an additional $1,200 per car to ship crude oil by rail if they are using DOT-111 rail cars. …

July 6, 2015 - 2:16 pm Midstream, Oil and Gas 360 Articles
Russia to Finance a $2 Billion LNG Pipeline in Pakistan

Russia to Finance a $2 Billion LNG Pipeline in Pakistan

New pipeline represents the first infrastructure deal between the two countries since the 1970s

Pakistan is expected to sign an agreement with Russia for the construction of a 1,100 km (about 684 mile) liquefied natural gas (LNG) pipeline from Karachi …

June 30, 2015 - 1:42 pm International, LNG, Midstream, Oil and Gas 360 Articles
Magellan Midstream and LBC Tank Terminals For Huston JV

Magellan Midstream and LBC Tank Terminals For Huston JV

Magellan Midstream and LBC Tank Terminals Form 50/50 Joint Venture to Build Terminal and Pipeline Infrastructure on the Houston Gulf Coast

Magellan Midstream Partners, L.P. (MMP) (“Magellan”) and LBC Tank Terminals, LLC (“LBC”) announced today that they have …

June 29, 2015 - 6:39 pm Midstream, MLPs
TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

An estimated 32% of the $4.8 billion capital project will be spent locally in B.C. on the Coastal GasLink pipeline, with over 2,000 jobs expected to be created during construction and approximately $20 million in annual property tax payments.

TransCanada …

June 29, 2015 - 12:19 pm Canada, LNG, Midstream, Oil and Gas 360 Articles, Popular
Plains All American Pipeline Announces Open Season for Cushing to Longview Pipeline

Plains All American Pipeline Announces Open Season for Cushing to Longview Pipeline

New pipeline expected to have initial capacity of 120 MBOP

Plains All American Pipeline (ticker: PAA) announced that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma to Longview, Texas, …

June 26, 2015 - 6:10 pm Midstream, MLPs, Oil and Gas 360 Articles
Oil & Gas 360 Energy News

Howard Energy Partners Plans to Build 200-Mile Pipeline from Texas to Mexico

New natural gas pipeline to Mexico expected to be in service by July 2017

Source: Howard Midstream Partners

Howard Midstream Energy Partners (HEP) announced today that it plans to develop the Nueva Era Pipeline, an approximately 200-mile, 30-inch natural gas pipeline connecting its existing …

June 26, 2015 - 10:20 am International, Midstream, Oil and Gas 360 Articles
Oil & Gas 360® Achieves One Million Pageviews

Oil & Gas 360® Achieves One Million Pageviews

New Oil & Gas 360® Users Accelerate Rapidly During the Past 12 Months

In 2010, EnerCom Inc. launched www.oilandgas360.com. The idea was to bring oil and gas data and insight to a global audience of oil and gas company …

MarkWest Continues Growth Plans Despite Lower Prices

MarkWest Continues Growth Plans Despite Lower Prices

$1.5 to $1.9 billion in 2015 growth capital

Denver based MarkWest Energy Partners LP (ticker: MWE) remains focused on growth, even as oil prices remain low. A recent presentation from the company says the company currently has 20 major projects …

June 22, 2015 - 6:53 pm Midstream, MLPs, Oil and Gas 360 Articles
Shale Industry Brings Millions of Hours of Paychecks to Ohio Workers

Shale Industry Brings Millions of Hours of Paychecks to Ohio Workers

 “The shale industry is hiring local workforce—that’s going to keep the money in the community…”

Building pipelines to support the shale industry has contributed over one million working hours so far in 2015 for laborers in Ohio, according to the …

June 22, 2015 - 4:17 pm Midstream, Oil and Gas 360 Articles
Source: Rosneft Komsomolsk Refinery

Over $1 Billion in Deals coming out of Forum in Russia

Attendance at this year’s St. Petersburg International Economic Forum (SPIEF) is up from a year ago when many Western companies decided to decline invitations in the wake of Russia’s involvement in Ukraine. This year, many American companies have decided to …

June 19, 2015 - 4:59 pm International, Midstream, Oil and Gas 360 Articles, Popular
Trans-Alaska oil pipeline

Enbridge Boosts Dividends, Transfers $30.4 Billion of Assets to Income Fund

Enbridge Income Fund Receives Canadian Oil Sands System and Renewables

Enbridge (ticker: ENB) followed through on its April 2015 proposal to transfer assets to its Income Fund, swapping ownership of its Canadian Mainline, Regional Oil Sands System and Canadian renewable …

EIA Tool Lays Out Complete U.S. Energy Infrastructure

EIA Tool Lays Out Complete U.S. Energy Infrastructure

Views include oil and gas wells, pipelines, coal mines, power plants-oil, coal, nuclear, gas, transport terminals, market hubs, wind and solar capacity, administrative boundaries

The Energy Information Administration (EIA) has published a mapping tool that lets energy companies and analysts …

June 18, 2015 - 4:26 pm Midstream, Oil and Gas 360 Articles
California Rejects Exxon’s Request to Truck Crude Oil

California Rejects Exxon’s Request to Truck Crude Oil

Damaged pipeline calls for alternative oil transport solutionXOM California Oil Spill

An emergency request made by ExxonMobil (ticker: XOM) to use tanker trucks to haul crude oil following the rupture of an oil pipe carrying its crude from offshore has been denied by …

June 10, 2015 - 4:36 pm Midstream, Offshore, Oil and Gas 360 Articles
Gulfport Energy Purchases Utica Acreage from American Energy Partners

Gulfport Energy Purchases Utica Acreage from American Energy Partners

Increases Net Utica Position to more than 230,000 Acres

Gulfport Energy (ticker: GPOR) made its second sizable acquisition in three months on June 9, 2015, landing 45,163 gross acres (33,426 net) in the Utica Shale from American Energy – Utica, …

Crude by Rail to West Coast Refiners is Up by a Factor of 8 Since 2012

Crude by Rail to West Coast Refiners is Up by a Factor of 8 Since 2012

As West Coast production falls, more crude oil is being shipped by rail

Crude oil shipped to West Coast refiners has increased by a factor of 8 since 2012, according to the Energy Information Administration (EIA). In the first …

June 9, 2015 - 1:09 pm Midstream, Oil and Gas 360 Articles
Energy Transfer Partners Set to Spend $1.5 Billion on Revolution Project

Energy Transfer Partners Set to Spend $1.5 Billion on Revolution Project

The Revolution Project will give ETP an additional 440 million cubic feet per day of capacity

Earlier today, Energy Transfer Partners (ticker: ETP) released additional information on its Revolution project, which will increase the company’s operations in the Marcellus and …

June 8, 2015 - 6:31 pm Midstream, MLPs, Oil and Gas 360 Articles
Cushing Crude Oil Storage Utilization up 56% in Six Months

Cushing Crude Oil Storage Utilization up 56% in Six Months

Cushing storage goes above 71,409,000 barrels of oil

The Energy Information Administration (EIA) released its biannual Working and Net Available Shell Storage Capacity Report, providing a picture of refinery and storage utilization throughout the United States. The report covers …

June 8, 2015 - 2:37 pm Midstream, Oil and Gas 360 Articles