Department: In The News

In the News

July 2017, Vol. 244, No. 7

Ray Lewis Honored by Houston Pipeliners Association The Pipeliners Association of Houston celebrated a very special career at its June 5 meeting, honoring long-time ROSEN Group Director Ray Lewis on his 60th anniversary working in the industry with its 2017 Pipeliner of the Year Award. Lewis was introduced to the standing-room-only crowd by his long-time industry friend, Danny Nicholson. He told how Lewis, now 90, broke into pipelining in the late-1950s with Williams Pressure Testing and was doing hydro-testing before there was such a thing as pigging. Lewis, a native of Arkansas who recently retired...

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In the News

June 2017, Vol. 244, No. 6

Gulf Publishing Company Acquires Oildom Publishing, P&GJ After three generations of family ownership, Pipeline & Gas Journal owner Oildom Publishing Company has been acquired by Houston-based Gulf Publishing Company in a deal that creates the world’s largest independent media company devoted exclusively to the international energy industry. The acquisition adds P&GJ, Pipeline News and Underground Construction to Gulf Publishing’s portfolio of trade journals: World Oil, Hydrocarbon Processing, Gas Processing and Petroleum Economist.  It also expands its roster of major industry conferences with the addition of P&GJ’s Pipeline Opportunities Conference, the only event dedicated solely to...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

May 2017, Vol. 244, No. 5

Enbridge, NDT Global Advance R&D of Next-Generation Inspection Technology Enbridge Inc. and NDT Global will partner in a multi-year project to advance innovation in pipeline inspection technology. The agreement focuses on development of a new generation of inspection tool designed to further improve pipe crack assessment. Enbridge and NDT Global have been working together for 15 years on pipeline inspections and said this latest investment will bring further innovation and a new technology capability to the existing integrity management programs. The scope of the project is aimed at evolving existing inline inspection performance. An important...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

April 2017, Vol. 244, No. 4

Enbridge at 66,000 Miles of Pipelines with Addition of Spectra Oil and natural gas pipeline giant Enbridge is now the dominant energy transportation and storage company in North America after finalizing its buyout of Spectra Energy Partners on Feb. 27. The Calgary-based company bought Spectra in a deal valued at $28 billion. Before the buyout, Enbridge had 17,500 miles of liquids pipelines and 34,000 miles of natural gas pipelines. By acquiring Spectra, Enbridge added 15,000 miles of pipeline infrastructure. With an enterprise value of $166 billion CAD ($126 billion US), the combined entity is now...

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In the News

March 2017, Vol. 244, No. 3

U.S. Shale Production Likely to Peak over Next Decade, EIA Says U.S. shale and tight oil production will increase to more than 6 million bpd in the coming decade, making up most of total U.S. oil production, according to a recent report by a federal Energy Information Administration. U.S. shale oil production has risen significantly since 2010, driven by technological improvements that have reduced drilling costs and improved drilling efficiency. In 2015, oil companies pumped 4.9 million bpd out of shale and tight oil fields and, for the first time, made up more than half...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

February 2017, Vol. 244, No. 2

DCP Midstream Partners to buy assets of Philips-Spectra joint venture DCP Midstream Partners LP has acquired the assets of a joint venture between Phillips 66 and Spectra Energy Corp to create the largest natural gas liquids (NGL) producer and gas processor in the United States. The combined company, which has an enterprise value of $11 billion, will be renamed DCP Midstream LP and will trade with the ticker symbol “DCP” on the New York Stock Exchange.(See Projects). The deal simplifies the company’s corporate structure, said Wouter van Kempen, CEO of DCP Midstream and DPM. DPM...

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In the News

January 2017, Vol. 244, No. 1

EIA Sees Slippage in U.S. Crude Oil, Natural Gas Production   A late-year report by the Energy Information Administration (EIA) said U.S. crude oil production averaged 9.4 MMbpd in 2015 and is forecast to average 8.9 MMbpd in 2016 and 8.8 MMbpd in 2017. EIA forecasts Brent crude oil prices to average $43/b in 2016 and $52/b in 2017. West Texas Intermediate (WTI) crude oil prices are forecast to average about $1/b less than Brent prices in 2017. The values of futures and options contracts indicate significant uncertainty in the price outlook, EIA Administrator Adam...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

December 2016, Vol. 243, No. 12

GE, Baker Hughes Creating New Oilfield Technology Company GE and Baker Hughes plan to combine GE’s oil and gas business with Baker Hughes to create a world-leading oilfield technology provider with an enlarged mix of service and equipment capabilities. The “New” Baker Hughes will be a leading equipment, technology and services provider in the oil and gas industry with $32 billion of combined revenue and operations in over 120 countries. Baker Hughes shareholders will receive a one-time cash dividend of $17.50 per share and 37.5% of the new company. GE will own 62.5% of the...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

November 2016, Vol. 243, No. 11

Duke Energy Closes Piedmont Acquisition, Adds 1 Million Gas Customers Duke Energy closed its acquisition of Piedmont Natural Gas with Piedmont, retaining its name and operating as a business unit of Duke. Both companies are headquartered in Charlotte, NC. The acquisition adds Piedmont’s 1 million natural gas customers to Duke Energy’s existing customer base of 525,000 natural gas customers and 7.4 million electric customers. The North Carolina Utilities Commission on Sept. 30 approved the acquisition – the final regulatory ruling needed to complete the transaction. The Tennessee Regulatory Authority and Piedmont’s shareholders previously approved the...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

October 2016, Vol. 243, No. 10

FAA Releases Application for Small Drone Waivers The Federal Aviation Administration (FAA) released the form and instructions on how to apply for a waiver from certain requirements included in the “Operation and Certification of Small Unmanned Aircraft Systems” final rule. The final rule went into effect Aug. 29, and permits the use, with certain limitations, of small unmanned aircraft systems (small drones) for non-hobby and non-recreational purposes. The FAA will allow operators of small drones to apply for a waiver for a variety of reasons including operation from a moving vehicle or aircraft, daylight operation,...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

September 2016, Vol. 243, No. 9

Houston Pipeliners Award Scholarships, Pick Officers The Houston Pipeliners Association handed out over $550,000 to 80-plus soon-to-be college students through its scholarship program as members wrapped up the year’s business at the June meeting. The students selected were each related to a current member of the association who is in good standing. They are eligible to receive full scholarships only if enrolled in 12 credit-hours per semester. “This is quite a wonderful accomplishment and speaks highly of the efforts of all our committees and members as they work tirelessly to raise money for this great...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

In the News

August 2016, Vol. 243, No. 8

Armstrong Retains Williams CEO Position Despite Upheaval Just days after losing a bitter court fight to merge with Energy Transfer Partners, The Williams Companies announced July 1 that Frank T. MacInnis was immediately stepping down as chairman of the board of directors for personal reasons. Kathleen Cooper, a current director and Audit Committee member was named to replace him. “Recognizing that it is in the best interests of the stockholders and the company to concentrate on the future, the board of directors has thoroughly evaluated the company’s leadership structure and determined that Alan Armstrong is...

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For over 150 years, Pipeline & Gas Journal (PGJ) has been the trusted source for information about the oil & gas pipeline industry worldwide. Join the Pipeline & Gas Journal (PGJ) community today as a PGJ Insider. Obtain access to valuable information and enhanced content. Receive important notifications.

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