Pipelines Archives - Page 41 of 44

Cushing Storage Operator Blueknight Energy Partners Presenting at EnerCom Conference

June 26, 2017

Blueknight Energy Partners (ticker: BKEP) portfolio encompasses crude oil transportation pipelines, gathering systems, crude transport trucks, asphalt cement and residual fuel oil storage. Its assets and infrastructure span the United States. Blueknight Owns 6.6 MMBO crude storage at Cushing, 9.6 MM barrels of asphalt storage In storage alone, Blueknight holds 6.6 million barrels of crude oil and petroleum storage capacity

Two New Bills to Expedite Pipeline Approval Process Begin Markup

June 21, 2017

In an attempt to modernize the United States’ energy infrastructure, the Subcommittee on Energy and Power, within the United States House Committee on Energy and Commerce, began considering a group of bills on June 20th, 2017, which are related to energy infrastructure and national energy security. Oil and gas related bills Two of the bills affect international cross-border pipelines and

White House Nominees May Restore FERC Quorum

May 9, 2017

President Donald Trump nominates Neil Chatterjee and Robert Powelson to FERC The White House announced Monday that President Donald Trump has nominated a number of people to key administration posts, including two nominees for the Federal Energy Regulatory Commission (FERC), which approves pipelines in the United States. After approving seven pipelines in 2017 FERC lost quorum with the resignation of

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

Hard to Permit Pipelines are at the Crux of U.S. Energy Development

April 6, 2017

Oil, gas pipelines are different animals You don’t need to do a lengthy search to find a dozen media stories about a proposed energy pipeline, especially now that pipelines have become a favorite tool for the environmental movement to protest against fossil fuels. But pipelines offer a degree of safe that generally makes them the preferred way to deliver the

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

Kinder Morgan Launches Open Season on Gulf Coast Express NatGas Pipe from Permian to Gulf Coast

March 22, 2017

Pipeline will provide route to export Permian’s gas to Mexico and ship as LNG Kinder Morgan, Inc. (ticker: KMI) has announced the start of a non-binding open season for firm natural gas transportation service on its proposed Gulf Coast Express Pipeline Project, which will provide an outlet for increased natural gas production from the Permian Basin to growing markets along the

After Approving 7 Pipelines in 2017, FERC is Dead in the Water

March 7, 2017

FERC is out of gas without a quorum For years, Marcellus and Utica natural gas transportation bottlenecks have seen producers crying for more takeaway capacity to move produced natural gas out of Appalachia. And just when they started to get some relief from FERC-approved pipeline projects, FERC ran out of gas—at least temporarily. So far in 2017, the Federal Energy Regulatory Commission (FERC)

TransCanada Moving Ahead with $655 Million Gas Pipeline

December 9, 2016

TransCanada’s Saddle West natural gas project will have a transportation capacity of 355 MMcf/d Calgary-based TransCanada Corp. (ticker: TRP) announced Wednesday that the company’s wholly-owned subsidiary, NOVA Gas Transmissions Ltd. will proceed with its $655 million Saddle West natural gas project. The project is expected to increase total natural gas transportation capacity on the northwest portion of the system by

Devon joins shale firms to cut spending as oil hovers at $30- oil and gas 360

Devon Energy Divests Interest in Midstream Assets

July 14, 2016

Devon Energy has reached a definitive agreement to divest the company’s 50% stake in Access Pipeline for $1.1 billion dollars to Wolf Midstream, a portfolio company of Canada Pension Plan Investment Board (CPPIB). The terms of the agreement also give consideration to sanctioning and development of a new thermal-oil project on Devon’s Pike lease in Alberta, Canada. “With the highly-accretive

Trudeau Reiterates his Opposition to Northern Gateway’s Route through Rainforest

July 5, 2016

From Reuters Canada MONTREAL (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday reiterated his opposition to the route of Enbridge Inc’s ENB.TO Northern Gateway oil pipeline, casting further doubt on the prospects of a project fiercely opposed by environmentalists. Canada’s former Conservative government had approved Northern Gateway, which would carry oil from the Alberta oil sands to a port

Energy Upside: Kinder Morgan’s Trans Mountain Pipeline Expansion Wins Energy Board Nod

May 20, 2016

Project Wins National Energy Board’s Approval Recommendation, Government’s Final Decision Set for December Canada’s National Energy Board (NEB) has concluded that Kinder Morgan’s (ticker: KMI) Trans Mountain Expansion Project is in the public interest and recommended the Federal Governor in Council approve the proposed expansion. The Trans Mountain Expansion, if it receives final approval, will add 980 kilometers of new

TransCanada Reports Solid First Quarter 2016 Financial Results

April 29, 2016

Transformational Changes Position Company for Near- and Long-Term Growth CALGARY, ALBERTA–(Marketwired – April 29, 2016) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2016 of $252 million or $0.36 per share compared to $387 million or $0.55 per share for the same period in 2015. Comparable earnings for first quarter 2016

TransCanada Announces Preferred Share Issuance

April 13, 2016

CALGARY, ALBERTA–(Marketwired – April 13, 2016) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it will issue 12 million cumulative redeemable minimum rate reset first preferred shares, series 13 (the “Series 13 Preferred Shares”) at a price of $25.00 per share for aggregate gross proceeds of $300 million on a bought deal basis to a syndicate of underwriters in

Premium Content