Business News

Plains All American CEO Sees Further Consolidation in Pipeline Industry

The CEO of Plains All American said on Wednesday that the pipeline industry should expect more consolidations in the near future as low oil prices continue to hinder growth in the industry.

Energy Transfer Expects Dakota Access Pipeline Expansion Operational by Late 2021

Energy Transfer told investors on Tuesday that it expects the expansion of its embattled Dakota Access oil pipeline to be operational by the end of next year.

Enterprise Abandons Texas Pipeline Project as Oil Prices Remain Weak

Enterprise Products announced on Wednesday it is canceling its $1.1 billion Midland-Houston oil pipeline due to the collapse in oil prices from the coronavirus pandemic.

Equitrans on Track to Finish Mountain Valley Pipeline in Early 2021

Equitans Midstream said on Tuesday that it remains on track to finish its nearly $6 billion Mountain Valley natural gas pipeline by early 2021.

Dominion Overhauls Leadership After Sale

Dominion Energy announced a reorganized executive leadership team after the cancellation of Atlantic Coast Pipeline and sale of its natural gas transmission and storage assets to an affiliate of Berkshire Hathaway.

LDCs Own Residential, Commercial Sectors but Pipelines Fuel Power: EIA

A new government report on the U.S. natural gas industry shows that local distribution companies (LDCs) supply 90% of natural gas to U.S. residential and commercial sectors, but pipeline companies handle the biggest volumes through direct delivery to electric power and industrial customers

Natural Gas Efficiency Programs Pay Off in Reduced Costs, Emissions

North American natural gas utilities have been spending nearly $4 million a day for programs to help residential, commercial and industrial customers make more efficient use of fuel.

Amid Challenges, Natural Gas Remains Growing Part of Energy Mix

According to S&P Global Market Intelligence, 120,498 MW of gas-fired capacity came online between 2008 and Aug. 1, 2019. Twenty percent of that was in 2018 and 2019 alone, and roughly 200 new gas plants have been proposed or are in development right now.

EPA Drops Methane Emissions Rule

The U.S. Environmental Protection Agency (EPA) announced it is dropping rules established in 2016 to limit methane emissions from oil and gas production and pipelines, a move that was applauded by the American Petroleum Institute but may have little effect on much of the industry.

Environmental Partnership Releases Report, Expands to Pipeline Companies

The Environmental Partnership expanded its membership to midstream companies and released its second annual report, highlighting the industry’s progress in reducing emissions of methane and volatile organic compounds (VOCs) and working together to protect the environment.

Permian Enters Uncharted Waters in Better Shape than Most Regions

With the Coronavirus crisis and its effect on upstream operations putting a damper on all segments of the midstream sector, some major projects in the Permian Basin appear to be moving forward, albeit at a slower and far more cautious pace.

ConocoPhillips Pulls Flaring Permit Extension Request at 41 Texas Sites

ConocoPhillips has withdrawn a request for Texas energy regulators to extend faring permits for 41 production sites in the state.

LNG Investments Vanish in 2020 as Coronavirus Slashes Oil and Gas Prices

For the first time in nearly two decades, some analysts believe that no new LNG export projects could be approved this year as the global coronavirus pandemic has destroyed oil and gas prices.

German Chancellor Dampens Talk of Halting Nord Stream 2 — Party Sources

German Chancellor Angela Merkel downplayed the possibility of halting Russia's Nord Stream 2 pipeline in response to the poisoning of a top Kremlin critic Alexei Navalny.

Anatomy of Frustration: Atlantic Coast and Dakota Access Pipelines

In early July, the U.S. pipeline industry faced down a one-two punch as the $8 billion Atlantic Coast Pipeline was canceled and a federal judge ordered the Dakota Access pipeline shut down.

And Our Readers Say …

A recent survey of Pipeline & Gas Journal readers showed a clear majority of respondents believe the lingering effects of the coronavirus and recent developments concerning Dakota Access and Atlantic Coast pipelines have dealt a serious one-two punch to midstream businesses.

Oil Falls after Saudi Cuts Prices, China Slows Imports

Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market's recovery.

Hungary Signs Gas Deal with Shell, its First in the West

Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.

Germany Pressed to Rethink Nord Stream 2 Pipeline After Navalny Poisoning

The German government is feeling pressure to dampen its support for the Kremlin's Russia-Germany Nord Stream 2 gas pipeline after a major political opponent to Russian President Vladimir Putin was confirmed to have been poisoned with a Soviet-era nerve agent.

Police Investigating Bomb Hoax at Texas Pipeline Construction Site

State and federal law enforcement officials are investigating a device made to look like a bomb that was placed near a construction site for Kinder Morgan's Permian Highway Pipeline in Texas.

U.S. Department of Interior Requests Expedited Environmental Reviews for Energy Projects from Trump Administration

The U.S. Department of Interior has asked the Trump Administration to fast track environmental reviews for several major energy and infrastructure projects, including LNG facilities and pipelines.

Texas Authorities 'Neutralize' Suspicious Package Near Pipeline Construction Site

Authorities in Texas removed a suspicious package near a construction site for Kinder Morgan's Permian Highway Pipeline on Tuesday.

Register for the Virtual Pipeline Opportunities Conference-EMEA

The POC-EMEA virtual conference is free to attend and will feature live and recorded sessions, allowing you the ability to tune in where you are, at a time that is convenient.

U.S. Army Engineers Encourage Settlement in Dakota Access Pipeline Litigation

The U.S. Army Corps of Engineers has urged the federal government to settle a dispute with North Dakota over the state's pursuit of $38 million to recover costs associated with the protests of the Dakota Access Pipeline in 2016 and 2017.

Brazil's Lower House to Vote on End to Petrobras Virtual Gas Monopoly, Encourage Pipelines

The lower house of Brazil's parliament is set to vote soon on legislation that would end the state-owned energy company Petrobras' virtual monopoly of the natural gas industry, opening up the sector, including pipelines, to private investment.

Phillips 66 Partners Announces Open Season for Gray Oak Pipeline

Gray Oak Pipeline has launched an open season to solicit transport interest on the Phillips 66 pipeline from West Texas to a new destination in Victoria, TX.

Pipeline Conference To Explore Germany’s Hydrogen Grid

Join the inaugural Pipeline Opportunities Conference – EMEA (POC-EMEA) from your home or office on September 17 and gain insight into the ongoing challenges operators and service companies face in the region.

Cheniere Says no Storm Major Damage to Sabine Pass Facility, Pipelines

Cheniere Energy, the largest U.S. LNG producer, said on Monday that the company's Sabine Pass LNG facility and pipeline assets were not significantly damaged by Hurricane Laura.

Storm Knocks Out U.S. Gulf of Mexico Natural Gas Pipeline

Enbridge reported on Monday that the company's natural gas pipeline which serves four offshore production platforms in the U.S. Gulf of Mexico remained out of commission after Hurricane Laura devastated the area.

U.S. Regulator Backs Energy Transfer in Chesapeake Pipeline Dispute — Court Filing

Energy regulators sided with pipeline firm Energy Transfer in a dispute with bankrupt producer Chesapeake Energy after Chesapeake requested the cancellation of a $300 million transfer contract.