Oil

Alliance

Alliance Sensors Group introduced the SS-7 series linear variable inductive transducer (LVIT), designed for subsea environments. The transducer is embedded into a hydraulic cylinder and uses the gun-drilled piston rod as a target, sensing its position without the need for a magnet. The SS-7 Series c..

Moda Decision Could Ease Stress of 3 New Pipelines

Moda Midstream is considering building a second berth at its Ingleside, Texas, crude export terminal to accommodate supertankers, the company’s chief executive said. The expansion to the terminal that loads oil tankers will come as three major pipelines open in the second half of this year, CEO Bo ..

UK Oil and Gas Authority Releases Data on Over 3,000 Pipelines

The United Kingdom Oil and Gas National Data Repository (NDR) has been launched with more than 130 terabytes of data covering thousands of pipelines, offshore wellbores, and seismic surveys going back more than 50 years.  The repository comes from the Oil and Gas Authority (OGA), which hopes the re..

Marcellus, Utica Plays Offer Unlimited Promise, Nagging Questions

At the end of 2018, when the U.S. Energy Information Administration (EIA) released its latest (2017) statistics on proved oil and natural gas reserves, the United States producers were leading the world, and the Marcellus Shale play in Pennsylvania was leading the nation. Both Marcellus and Utica s..

Tellurian Announces Binding Open Seasons for Two Proposed Pipelines

Tellurian announced today separate binding open seasons on two proposed pipelines that will connect areas of constrained shale production and debottleneck natural gas pipeline infrastructure, further enabling the rapidly growing industrial market in Southwest Louisia​na.

Plains All American fined $3.3M for California Oil Spill

Plains All American Pipeline was fined nearly $3.35 million for a 2015 California coastal oil spill caused by the rupture of a corroded pipeline.

Occidental Petroleum Submits $57 Billion Bid for Anadarko, Topping Offer From Chevron

Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp's $50 billion offer and setting up the first hostile takeover battle for a major oil company in years.

Bayou Bridge Launches Open Season for Expanded Joint Tariff Service

Bayou Bridge Pipeline has launched a non-binding expansion open season to solicit shipper interest for expanded joint tariff transportation service received from certain connecting carriers onto the Bayou Bridge Pipeline System.

Kinder Morgan Eyes Another Permian Gas Pipeline

Executives at cash-flush Kinder Morgan, which already has two major Permian Basin-Gulf Coast natural gas pipelines totaling 4 Bcfd under construction, are considering a third pipeline in response to ever-growing demand in the region.

Jordan, Egypt, and Iraq Set to Build $18 Billion Oil Pipeline

Jordan and Iraq are nearing final approval for an $18 billion oil pipeline that would carry 1 MMbpd of oil from the Iraqi city of Basra through the Jordanian port of Aqaba and across the Red Sea to Egypt.

New Concho-Frontier JV to Construct Midland Basin Gathering System

Concho Resources and Frontier Midstream Solutions IV have agreed to form a 50-50 joint venture, Beta Crude Connector, LLC (BCC), to build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.

Colombia's Ecopetrol Working to Contain Spills from Pipeline Attacks

Colombia's state-run oil company Ecopetrol said it is working to contain two oil spills from its Cano Limon pipeline, which was damaged by bomb attacks on the weekend.

Zydeco Announces Open Season for Non-Firm Capacity

Zydeco Pipeline Company, jointly owned by Shell Midstream Partners and Shell Pipeline Company, announced an open season seeking binding commitments for non-firm capacity transportation service on its 350-mile pipeline.

Medallion Starts Open Season for Expanded Joint Tariff Service

Medallion Delaware Express and Medallion Pipeline Company announced an open season to solicit binding, long-term commitments to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service.

Chevron Acquiring Anadarko for $33 Billion as Crude Prices Climb

Chevron will buy Anadarko Petroleum for $33 billion in a cash-and-stock deal as the company seeks to grow stronger in deep water exploration in the gulf and the energy-rich southwest region of Texas called the Permian Basin.

API-AOPL Annual Report Shows Liquids Pipeline Incidents Down Significantly

The American Petroleum Institute (API), in coordination with the Association of Oil Pipe Lines (AOPL) has released the 2019 API-AOPL Liquids Pipeline Performance Report, which details a 20% decrease in liquids pipeline incidents impacting people or the environment over the last five years despite increases in both pipeline mileage and barrels delivered.

New Pipelines Drain West Texas Crude Stocks to 4-Month Low

Crude inventories in West Texas dropped in February to the lowest in four months after a converted pipeline began transporting crude from the nation’s biggest shale oil field to the U.S. Gulf Coast, according to data from Genscape.

China Plans State Pipeline Company to Spur E&P

China is expected to introduce a plan this year to combine the long-distance pipeline assets of its state-owned energy companies into a single, national oil and gas pipeline group and open access to private and foreign energy producers.

Operational Intelligence Needed in Preparing for Oil and Gas Upswing

In the oil and gas industry, pressure can ramp up twofold during peak times and companies must figure out how to maximize extraction to optimize return.

Growing Offshore Activity Creates Infrastructure Demand

Growing offshore exploration and production activity at locations around the globe is creating stronger demand for construction of pipelines and subsea infrastructure.

Trump Signs New Permission for Keystone XL Pipeline

U.S. President Donald Trump on Friday signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous permits in a fresh attempt to get around the blocking of the $8 billion project by a court in Montana.

UK Oil and Gas Authority Releases Data on Over 3,000 Pipelines

Earlier this week, the UK Oil and Gas National Data Repository (NDR) was launched with over 130 terabytes of data covering thousands of pipelines, offshore wellbores, and seismic surveys going back more than 50 years. This is believed to be one of the largest ever single open releases of data in the industry.

U.S. Shale Boom Drawing Big Oil Back to Permian Pushing Out Independents

Major oil companies are pouring money and resources back into the Permian after new shale discoveries and improvements in technology will enable the U.S. to quickly become the world's second largest oil producer behind only Saudi Arabia.

Project Delays Sink Oil Sands Output in 2019

Canadian Oil Sands production in 2019 will be almost 230,000 b/d lower than last year, according to ESAI Energy’s recently published North America Watch.

Petrobras Looking at $10 Billion in Divestments, Including Pipeline Unit

Roberto Castello Branco, the chief executive of Brazil’s Petroleo Brasileiro SA, said he believes the company will divest $10 billion in assets in the first four months of 2019, aided by the sale of a major pipeline unit.

Global News

Finland, Estonia and Latvia Sign Deal for Single Gas Tariff Zone Gas transmission operators of Finland, Latvia and Estonia signed an agreement on to set up a single gas transmission tariff zone for the three countries from the start of 2020. The agreement fulfills a goal ..

Corrosion Protection Through New Cost-Effective Coating

A growing number of proactive companies are going beyond traditional techniques that have only slowed corrosion. They are turning to a new category of tough, chemically bonded phosphate ceramics (CBPCs) that can stop carbon steel corrosion, extend equipment life, and minimize the cost and production downtime required to recoat, repair, or replace equipment.

Storage Tanks Explode at Venezuela Heavy Oil Project

Two storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a legislator.

NACE International Roundtable: Corrosion Management for Pipeline Integrity

To explain the value of corrosion management systems (CMS), how they work, and what programs and platforms are available to help organizations improve corrosion control programs, three experts in oil and gas pipeline corrosion management share their knowledge and experience with CMS. They are Michael Ames, Chapman Engineering; Gerry Koch, DNV GL; and David Kroon, Aegion Corporation.

ExxonMobil Ups Permian Output Target to 1 Million Barrels per Day by 2024

ExxonMobil said Tuesday it has revised its Permian Basin growth plans to produce more than 1 million BOE/d by as early as 2024 – an increase that is driving significant pipeline and infrastructure development.