Tag Archives: company news

Battelle Wins Award for PipeAssess PI Software

Battelle today announced it has received a R&D 100 Award for the company’s PipeAssess PITM software. PipeAssess PI is an innovative software application that uses physics-based, empirically derived modeling to estimate remaining pipeline life and predict axial crack growth under various operating scenarios. The user-friendly, customizable software is designed to help oil and gas pipeline companies meet critical industry requirements and reduce the risk of spills, which lead to financial loss, environmental issues and health concerns. “As pipelines age, integrity management tools become increasingly important to ensure safety, particularly in high consequence areas,” said Bruce Young, Senior Research Scientist […]

TransCanada to Test Water Near Keystone Pipeline Spill

AMHERST, S.D. (AP) – A South Dakota official says TransCanada Corp. plans to test water from a drainage ditch near the site of a 210,000-gallon oil spill from the Keystone pipeline to determine if it is polluted. Brian Walsh, a manager at the South Dakota Department of Environment and Natural Resources, said Monday that officials don’t believe the oil is polluting the ditch or leaving the spill site through it. Walsh says there’s no visible oil in the ditch. He says TransCanada environmental contractors will collect water for sampling Monday if ice in the ditch […]

SwRI Wins Two 2017 R&D 100 Awards

Southwest Research Institute (SwRI) today announced its Smart Leak Detection (SLED) and High Power Impulse Plasma Source (HiPIPS) systems have each received R&D 100 Awards for being among the 100 most significant innovations in 2017. Leaks in the U.S. liquid hydrocarbon pipelines network exceeded 100,000 barrels each year between 2007 and 2012. Using algorithms to process images from sensors scanning the infrastructure, SLED can autonomously pinpoint small hazardous leaks before they become major problems, with minimal false alarms. These sensors can be positioned at sensitive pipeline junctures or deployed on drones to cost-effectively fly over pipeline networks. “It […]

Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria

Chevron’s Nigerian unit and the Nigerian National Petroleum Corporation (NNPC) have signed the second and final phase of a US$1.7-billion alternative financing agreement for a joint project in Nigeria that is expected to boost the country’s crude oil production by 39,000 bpd in the long term, NNPC said on Sunday. The joint venture of NNPC and Chevron Nigeria Limited (CNL) expects the project to boost production will cost some US$1.7 billion, of which US$780 million will be provided by third parties. In the first financing stage, Nigerian commercial banks provided US$400 million of the financing, […]

75 Years for Growth, Innovation

November 2017, Vol. 244, No. 11

Seventy-five years ago, Union Gas pioneered the use of underground storage for natural gas in Ontario – a critical, but largely unheralded innovation that to this day, ensures that Ontarians have a reliable source of affordable energy to get through their traditionally cold winters. Before storage was developed, the province’s natural gas industry was operating on borrowed time. It had to rely wholly on declining domestic supply, but as an affordable energy source, it was in high demand. Eventually demand quickly began to outpace supply. Shortages were first felt during the cold winter of 1918,...

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Ancala Midstream Acquires North Sea Pipelines

Ancala Midstream Acquisitions Limited has acquired Apache Corporation’s interests in the Scottish Area Gas Evacuation (SAGE) System and the Beryl Gas Pipeline for an undisclosed sum. The SAGE System consists of s a 323-kilometer, 30-inch bore pipeline and a gas processing terminal located at St Fergus, 65 kilometers north of Aberdeen, Scotland. The system transports and processes gas from nine fields, including the Beryl Field and its satellites. “Ancala Midstream is delighted to have closed this important investment in two major pieces of North Sea infrastructure,” Jim Halliday, Chief Executive, Ancala Midstream, said. “It is critical for the commercial […]

TransCanada Sends More Crews to Keystone Pipeline Leak

AMHERST, S.D. (AP) — TransCanada Corp. says the company has sent additional crews and equipment to the site of a 210,000-gallon oil spill in South Dakota from its Keystone pipeline. TransCanada said Saturday it is making progress in its investigation into the spill cause on farmland in Marshall County, near the North Dakota border, about 250 miles (402 kilometers) west of Minneapolis. But the company did not elaborate on the cause. The company says additional equipment and workers continue to be dispatched to the site. Company spokesman Terry Cunha said Sunday that about 150 people […]

Wood Awarded Pipeline Services Contract in North Sea

Wood has been awarded a contract from Ancala Midstream Acquisitions Limited to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline. Under the terms of the contract, Wood will manage the day-to-day operations of the SAGE system, a 323-kilometer pipeline that transports gas from the northern part of the Central North Sea to the SAGE terminal at St Fergus, north of Aberdeen, Scotland. “We are delighted to be working with Ancala Midstream on these major pieces of infrastructure,” Robin Watson, Wood’s chief executive said. “This contract strengthens our operating partner portfolio in the […]

Infrastructure Upgrades Part of PG&E’s Proposed Gas Transmission and Storage Plan

Pacific Gas and Electric Company (PG&E) today submitted a comprehensive proposal as part of its 2019-2021 Gas Transmission and Storage (GT&S) rate request to state regulators. The request outlines how PG&E will continue to achieve increased levels of gas safety by strengthening and modernizing its approximately 6,600 miles of gas transmission pipelines and storage facilities, which serve more than 4.4 million customers across the company’s 70,000 square mile service area. GT&S rate requests and proposed work plans are typically submitted once every three or four years to the California Public Utilities Commission (CPUC). This proposal […]

Buckeye Partners Launches Open Season for Line 602 Expansion

Buckeye Partners, L.P.’s  subsidiary, Buckeye Pipe Line Company, L.P., has launched a binding open season to solicit commitments for the transportation of distillate on the Line 602 Expansion Project, which transports refined petroleum products from Linden, New Jersey to destination points in Inwood and Long Island City, New York. The project is expected to provide approximately 12,000 barrels per day of distillate expansion capacity on or before April 1, 2018 with a potential subsequent expansion increasing to 30,000 barrels per day of capacity on or before Dec. 1, 2019. The binding open season is scheduled to conclude at […]

National Grid Proposes New Plan for Liquefied Natural Gas

PROVIDENCE, R.I. (AP) — Utility National Grid says it needs a domestic source of liquefied natural gas, and is proposing a $180 million facility with a pipeline that already passes through Providence. The Providence Journal reports that National Grid currently uses a storage tank for its liquefied natural gas supply, with replenishment trucked in from seaports. At a Tuesday hearing, National Grid project director Anthony LaRusso said domestic sources of natural gas are abundant, but overseas supplies are not. The Federal Energy Regulatory Commission is the primary permitting authority for the proposal, and federal law […]

GE Looks To Divest Energy Assets As Turmoil Continues

General Electric Corp., as part of a turnaround plan announced November 13, halved its common stock dividend, from $.24 to $.12. per quarter, a fifty percent reduction. Wall Street had anticipated this move, but the stock has declined 8 percent following this announcement. Given GE’s lengthy connection with the locomotive industry, it doesn’t seem inappropriate to view the company as a slow moving train wreck, at least in terms of share price performance. Under former CEO Jeffrey Immelt, GE’s stock declined forty percent while the S&P 500 stock index more than doubled. Today’s dividend cut […]

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