Whiting Petroleum will sell 50% interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system in Mountrail County, ND, along with its 50% of its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems in Stark, Billings and Dunn counties. An affiliate of Tesoro Logistics Rockies agreed to buy the assets for $700 million. Whiting’s share of the sale price would be about $375 million. From April through September, these plants averaged 132 MMcf/d throughput. The transaction is expected to close in the first […]
The outage of Colonial Pipeline Line 1 between September 9 and September 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast states during the week ending September 16. Colonial’s Line 1 is the largest gasoline supply pipeline linking the Gulf Coast—home to roughly half of the nation’s refining capacity—to the Lower Atlantic, a major demand region that has no petroleum refineries. During the week ending September 16, total motor gasoline stocks in the Lower Atlantic states (defined by Petroleum Administration for Defense District, or PADD, 1C) fell by […]
ATLANTA (AP) — Gas prices spiked and drivers found “out of service” bags covering pumps as the gas shortage in the South rolled into the work week, raising fears that the disruptions could become more widespread. The shortage is blamed on a pipeline rupture and leak of at least 252,000 gallons (954,000 liters) of gas in Alabama. The pipeline company has two main lines and said Monday that it is shipping “significant volumes” on the second of the two lines to mitigate the impact of the interruption on the other line. Colonial Pipeline said it […]
NEDERLAND, Texas (AP) — Federal investigators are reviewing whether a welding contractor working on a crude oil pipeline connection under construction might have helped ignite a flash fire that injured seven people at a Southeast Texas refinery. The Beaumont Enterprise reports (http://bit.ly/2aTW1jY ) the U.S. Occupational Safety and Health Administration on Saturday was investigating the fire at the Sunoco refinery, located about 10 miles southeast of Beaumont, Texas. Jeff Shields, a Sunoco spokesman, says part of the investigation into Friday night’s fire will review whether the contractors followed safety practices. Shields says seven contract workers were […]
SAN JUAN, Puerto Rico (AP) — The Aruban government and Venezuela’s Citgo Petroleum Corp. are finalizing an agreement to reopen an oil refinery that has been shuttered since 2009. Aruban Energy Minister Mike de Mesa says the accord calls for the rehabilitation of the facility and provides the U.S.-based subsidiary of Venezuelan state oil company PDVSA with a 15-year operational lease and a 10-year extension option. The refinery is expected to process 209,000 barrels of crude per day. De Mesa announced the accord in a Friday afternoon news conference with Prime Minister Mike Eman and […]
Plans are moving forward to build the biggest new U.S. refinery since 1976, at a time when gasoline consumption is expected to break an all-time record in 2016. California-based Meridian Energy Group hopes to start construction on the Davis Refinery in North Dakota near the Bakken shale play, which would process up to 55,000 bpd of oil. Last year marked the opening of the 20,000 bpd Dakota Prairie Refinery. Houston-based BASIC Equipment is contracted for fabrication and construction services.
SEATTLE (AP) — Hundreds of climate activists on Saturday marched to the site of two refineries in northwest Washington state to call for a break from fossil fuels, while a smaller group continued to block railroad tracks leading to the facilities for a second day. Protesters in kayaks, canoes, on bikes and on foot took part in a massive demonstration near Anacortes, about 70 miles north of Seattle, to demand action on climate and an equitable transition away from fossil fuels such as oil and coal. A day before, about 150 activists had pitched tents […]
HOUSTON (AP) — Houston’s efforts to use local clean air laws to regulate pollution in the home of the nation’s largest petrochemical complex were halted Friday by a Texas Supreme Court ruling in favor of energy and chemical companies that claimed the city had overreached. The coalition made up of ExxonMobil Corp. and other companies with nearby refineries and plants had sued the nation’s fourth-largest city in 2008 after Houston passed ordinances that required businesses to pay registration fees based on the number and type of pollution sources on each site. The city used the […]