Pipelines Archives - Page 35 of 44

Canadian Indigenous Groups Weigh Pipeline Deal to Ease Oil Glut

January 17, 2019

From Bloomberg The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan Inc. last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch. Five or six First Nation communities have approached the federal government with a view to potentially acquiring the line, Stephen Buffalo, chief executive officer of Canada’s Indian Resource Council,

Canadians Back Trudeau’s Pipeline, But His Own Voters Are Wary

January 17, 2019

From Bloomberg A wide margin of Canadians support an oil pipeline that Prime Minister Justin Trudeau’s government is pushing to build — though it remains unpopular among some voting blocs key to his reelection, a poll has found. In a poll published Wednesday by the Angus Reid Institute, 53 percent of Canadians said they support both the Trans Mountain pipeline, bought last year by

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

As Climate Conversation Shifts, Pipeline Sector Looks to Educate New Lawmakers

January 15, 2019

From S&P Global/Platts Industry maintains role in ‘logical’ transition to lower carbon system Washington — As debate over responses to climate change gains a higher profile in Washington, the major trade group representing interstate natural gas pipelines said it is making education of new congressional lawmakers a top priority this year. House Dems turn attention to climate change Democrats taking power

Start Date for New Permian Oil Line in Jeopardy on Regulatory Delay

January 10, 2019

From Reuters EPIC Crude Pipeline LP said the projected third-quarter start-up of its crude pipeline from the Permian basin to Corpus Christi, Texas is in “some jeopardy” after U.S. regulators delayed action on its petition to set initial tariff rates. The San Antonio, Texas, based company said in a letter to U.S. Federal Energy Regulatory Commission dated Jan. 8 that

Two key Canada-to-U.S. oil pipelines hit by disruptions

December 5, 2018

From Reuters Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada’s oil industry just days after the Alberta government announced forced cuts in crude production. A number of lines on the Enbridge Inc (ENB.TO) Mainline system, which carries crude and other liquids, were hit by power

Province of Alberta Buying Rail Cars to Ship Crude Amid Pipeline Pinch

November 29, 2018

From Bloomberg Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices. The province has engaged a third party to negotiate the purchases and a deal may be struck “within weeks,” Premier Rachel Notley said Wednesday in a speech in Ottawa. The province’s costs will be

Trudeau’s Reforms Won’t Break Pipeline Logjam, Oil Groups Warn

November 8, 2018

From Bloomberg It’s a rough time in Canada’s oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse. The bottom has fallen out of Canadian heavy crude prices, with their discount relative to the U.S. benchmark near a record amid a supply glut and persistent transport constraints. Trudeau’s government, meanwhile, is both trying to complete

Pipeline: FortisBC Warns Customers that Gas Availability may be 50% Below Normal Levels this Winter

October 23, 2018

Pipeline woes may be felt all winter by natural gas consumers In a press release on Monday, ForticBC has warned its customers that due to transmission constraints from a pipeline rupture, the regional natural gas supply, including the province, will be limited to 50 to 80 per cent of normal levels. This means that the natural gas system will be

Noble Midstream Plans for 50/50 Delaware Basin Venture

October 4, 2018

Noble Midstream Partners LP (ticker: NBLX) announced on Tuesday that it has entered into a letter of intent with Salt Creek Midstream LLC to provide infield gathering infrastructure in the Delaware Basin. The goal is to establish a strategically located asset in the Delaware Basin, and to expand intermediate crude and oil infield gathering, extending into the Advantage Pipeline System.

Permian Constraints to Ease, Differential Estimate to Shrink by End of 2019: Raymond James

September 26, 2018

From the Midland Reporter Telegram A new report says crude oil pipeline constraints in the booming Permian Basin may end sooner than expected and prices will be less affected than previously believed. The report by analysts at Raymond James says the West Texas region should see pipeline constraints ease by the end of 2019 and that price differences between oil

Gov. Brown Signs Two Laws to Prohibit Construction of Pipelines to Bring California Oil and Gas to Shore

September 10, 2018

From the Mercury News In a move aimed at stopping President Trump’s plans to expand offshore oil drilling along the California coast, Gov. Jerry Brown on Saturday signed two laws that prohibit construction of new pipelines that could bring the oil and gas to shore. “Today, California’s message to the Trump administration is simple: Not here, not now,” Brown said.

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Magellan Projects Permian Gulf Coast Pipeline Cost At $2 Billion

September 6, 2018

From Reuters Magellan Midstream Partners LP on Wednesday projected it would spend about $2 billion to construct a proposed crude oil pipeline from the Permian Basin in West Texas to the U.S. Gulf Coast. “We have binding commitments that give us very attractive economics. But what we don’t know is the full demand,” which would dictate the project’s final cost,

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