Oil

Mexico Likely To Keep Making the World’s Biggest Oil Hedge

First signals from President-elect Andres Manuel Lopez Obrador’s staff and advisors are that the new administration will not seek to backtrack on energy reforms that allow foreign firms to win E&P contracts in Mexico.

How the Historic Energy Reform Transformed Mexico’s Oil Fortunes

Five years ago, few would have predicted that Mexico would be capable of overhauling its oil and gas sector, much less through a downturn. Yet since the constitutional reform of 2013, Mexico has dramatically revivified its upstream sector.

Embedding Operating Procedures in Pipeline SCADA

The pipeline SCADA operator has one of the most critical jobs in the industry and should be given all the help available to keep pipelines safe and operational. To this end, more than 25 years ago, a major oil company determined that SCADA-embedded operating procedures and safety features were needed.

Midyear International Update: Pipeline Construction & Market Trends

Global energy trends and forecasts entering the second half of 2018 continue to support a generally bullish outlook for oil and gas production and infrastructure construction to meet growing demand and evolving patterns of interregional trade.

Regulators Greenlight Construction of Trans Mountain Segments

Canada's energy regulator said it had given the go-ahead for the construction of a large portion of the Trans Mountain expansion project, which will nearly triple capacity on the oil pipeline from Alberta to a Vancouver area port.

Tallgrass Energy Announces Seahorse Pipeline Open Season

Tallgrass Energy announced an open season soliciting binding shipper commitments for crude oil transportation service on Seahorse Pipeline , a proposed 700-miles project with the capacity to transport up to 800,000 bpd from Cushing to the Louisiana coast.

Supplemental Open Season Launched for Medallion Expansion

Medallion Pipeline Company said it successfully closed a binding open season for a major expansion of its Permian crude oil pipeline and launched a supplemental open season for additional capacity in response to "compelling interest" by potential shippers.

Lotus Midstream to Acquire Centurion Pipeline

Crude oil logistics provider Lotus Midstream entered into a definitive agreement to acquire the Centurion pipeline system and a Southeast New Mexico crude oil gathering system from Occidental Petroleum. The transaction is expected to close later in the third quarter of 2018, subject to customary closing conditions.

Plains to Bring Two Permian Pipeline Projects Online Early

Plains All American Pipeline LP said two West Texas crude oil projects would begin partial operations slightly ahead of their original schedules as bottlenecks in the region depress prices to the weakest level in four years.

China Issues Draft Rules to Open Access to Oil, Gas Infrastructure

China's state planner issued new draft rules on Friday to give private companies access to the country's oil and gas infrastructure, including crude oil pipelines, gas pipelines, liquefied natural gas terminals and underground gas storage.

Innovation, Technology Reshape North Dakota’s Bakken Shale

The Bakken was strewn with casualties before the turnaround, but billionaire oil pioneer Harold Hamm and his teams at Continental Energy Resources Corp. saw opportunities to create better mousetraps in exploring and producing oil and natural gas.

Honeywell

Honeywell's hands-free, wearable, connected plant technology features a head-mounted visual display that responds to voice and brings live data, documents, work procedures and health and safety information into view.

Instrument Simplifies Flow Data Control in Oil and Gas Operations

The Thermo Scientific AutoXP flow computer incorporates the functionality of a smart multi-variable transmitter in a single unit to simplify the generation, management and interpretation gas and liquids flow data in harsh operating environments.

New Day for Pipeline Tolls

The old rules no longer apply when it comes to determining the value of property and negotiating right-of-way agreements, as enlightened landowners are demanding and getting more lucrative contracts.

Closer Look at Flammability, Inerting of Complex Hydrocarbon Mixtures

In the lifetime of oil and gas pipelines there are numerous events that could pose the potential of an explosion hazard. In case of air purging, flammable mixtures are created in pipelines in an uncontrolled manner. This article covers basic flammability and inerting principles and applications of mobile nitrogen unit technology has been proven safer than air purging while maintaining high operational flexibility.

Plains' Cactus II Denied Tariff Exemption

A request by Plains All American to exclude its Cactus II Permian-to-Gulf Coast crude oil pipeline from the tariff on imported steel was rejected by the Commerce Department on grounds that suitable product is available from domestic producers.  Houston-based Plains said it will proceed with the pro..

Pipeline Company Seeks to Dismantle Alaska Oil Terminal

An Alaskan pipeline company plans to start dismantling an oil terminal on the Cook Inlet next year after oil is expected to start flowing through a reconfigured pipeline system in September.

Small Oil Producers Face Output Squeeze as Permian Pipelines Fill

As pipelines out of the Permian Basin reach capacity in the coming months, smaller producers are expected to slow or shut-in production.

Report: US, Canada Need $800 Billion in Midstream Infrastructure Investment Through 2035

The United States and Canada will require annual average natural gas, oil and natural gas liquids midstream infrastructure investment of about $44 billion per year, or a total of $791 billion over the 18-year period from 2018 through 2035, a new study finds.

Plains-ExxonMobil JV to Build Permian Pipeline

ExxonMobil and Plains All American Pipeline (PAA) plan to build a new pipeline that will add 1 MMbpd of takeaway capacity for Permian Basin crude oil and condensate.

Understanding Corps Of Engineers Approach to Pipeline Permit Approvals

Growing U.S. oil and gas production will require billions of dollars in projects that require permit approvals from U.S. Army Corps of Engineers. Understanding and working with the Corps can help companies avoid construction delays for pipelines and marine export facilities.

Minnesota Lawmakers Approve Line 3 Construction Bill

Both houses of the Minnesota Legislature have passed legislation enabling Enbridge to proceed with the $2.9 billion Line 3 Replacement project without regulatory approval.

Canada May Cover Losses for Trans Mountain Pipeline Expansion

Canada is prepared to cover any losses Kinder Morgan Canada might suffer if a proposed oil pipeline expansion continues to be delayed by political opposition, Finance Minister Bill Morneau said.

Keyera Enters Storage and Terminal Business in Cushing

Canadian-based midstream company Keyera Corp. is developing the Wildhorse Terminal, a crude oil storage and blending terminal in Cushing, Okla. that will include 12 above-ground tanks with 4.5 million barrels of working storage capacity.

Enbridge: Line 5 Dented Nearly an Inch

Enbridge officials have informed Michigan regulators that the company's Line 5 was dented nearly an inch by a suspected tugboat anchor strike last month.

EPIC Secures Strategic Partnerships for Crude Oil Pipeline

Apache Corporation and Noble Energy have committed to anchor the EPIC Crude Oil Pipeline, which will run side-by-side with the EPIC NGL Pipeline for 730 miles from southeastern New Mexico to Corpus Christi, Texas.

Kingfisher Midstream, Ergon Form JV to Build Cimarron Express Pipeline

Kingfisher Midstream, a wholly-owned subsidiary of Alta Mesa Resources, Blueknight Energy Partners and affiliates of Ergon have executed definitive agreements to form Cimarron Express Pipeline. The venture will include the construction and operation of a new 65-mile crude oil pipeline serving STACK producers in central Oklahoma.

Rustler Breaks Open Season Begins

San Mateo Black River Oil Pipeline, a wholly-owned subsidiary of San Mateo Midstream, has commenced a binding open season for the Rustler Breaks Pipeline Project, a proposed 17-mile, 10-inch crude petroleum gathering and transportation system in Eddy County, N.M. that will interconnect with Plains All American Pipeline.

Pipeline Constraints to Cost Canadian Oil Producers $16 Billion

A shortage of pipeline capacity is driving down the price of Canadian oil and will cost the country’s energy sector C$15.8 billion in lost revenues this year, finds a new study released by the Fraser Institute.

Pembina to Expand Peace Pipeline

Pembina has announced another expansion of its Peace pipeline system to accommodate incremental volume commitments in support of growth in the Montney and Deep Basin resource plays.