Business News

$1.6 Billion Liberty Pipeline Construction to Proceed Under Phillips 66, Bridger JV

Phillips 66 and Bridger Pipeline announced that they are proceeding with construction of the $1.6 billion Liberty Pipeline from the Rockies and Bakken production areas to Cushing, Okla.

Energy Drone & Robotics Summit '19: AI can help build the energy operations of tomorrow

Pipeline & Gas Journal was on hand for the two day Energy Drone & Robotics Summit at the Woodlands Waterway Marriott Hotel in The Woodlands, Texas. The summit brings together over 1,000 energy and engineering experts in the drones, robotics and AI industries.

Court Lifts Injunction Blocking Keystone XL Pipeline

An appeals court has lifted a judge's injunction that blocked construction of the Keystone XL oil pipeline from Canada to the U.S., but the developer has said it's too late to begin work this year and environmental groups vowed to keep fighting it.

Natural Gas Flaring in Permian Hits Record High in Q1

Natural gas flaring and venting in the top U.S. oil field reached an all-time high in the first quarter of the year due to the lack of pipelines, at a time of increased focus on environmental concerns about methane emissions.

Gazprom Reports 44% Jump in Q1 Profit

Gazprom reported a 44% jump in first-quarter net income to 536 billion roubles ($8.3 billion), boosted by higher gas sales volumes and prices, and promised to increase dividends in coming years.

U.S. Asks Supreme Court for More Time on Atlantic Coast Appeal

The U.S. Solicitor General asked the Supreme Court on Wednesday to extend the time the government has to file a petition in an appeal of a circuit court decision preventing Dominion Energy Inc from building the Atlantic Coast natural gas pipeline across the Appalachian Trail in Virginia.

Crude Contamination: Ukraine Suspends Pipeline Deliveries; Total Halts Refinery Operations

Ukraine's pipeline operator Ukrtransnafta confirmed on Friday that Russian oil flows transiting it to Europe were temporarily suspended, as Total halted some refining operations in Germany for technical checks due to contaminated crude supply.

Armed Drones Attack Oil Pumping Stations on Saudi Pipeline

Saudi Arabia said armed drones had struck two oil pumping stations on a pipeline Tuesday in what it called a "cowardly" act of terrorism two days after Saudi oil tankers were sabotaged off the coast of the United Arab Emirates.

China to Raise Tariffs on LNG Imports from United States

China said on Monday it would raise tariffs on LNG imports from the United States amid a series of additional levies, a move that could further reduce U.S. LNG shipments to the world's fastest growing importer of the fuel.

Buckeye Partners to be Acquired for $10.3 Billion

Buckeye Partners, which owns and operates one of the largest diversified networks of integrated midstream assets in North America, has agreed to be aquired by IFM Investors in an all-cash transaction with an enterprise value of $10.3 billion.

Siemens Spins Off Gas and Power Division

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm's performance as the rise of renewable power hits demand for gas turbines.

National Petroleum Council

Colonial Pipeline President and CEO Joseph A. Blount Jr. has been appointed to the National Petroleum Council (NPC) Committee on U.S. Oil and Natural Gas Transportation Infrastructure. The NPC provides advice for the U.S. Secretary of Energy office. P&GJ ..

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..

Michigan Governor Halts Great Lakes Oil Pipeline Tunnel

Michigan Gov. Gretchen Whitmer has ordered state departments and agencies to take no further action on legislation enacted in late 2018 authorizing construction of an oil pipeline tunnel beneath lakes Huron and Michigan. Whitmer made the move after Attorney General Dana Nessel issued an opinion st..

Lebanon Warns Against Using Disputed Territory for East Med Pipeline

Lebanon warned its Mediterranean neighbors that a planned East Med gas pipeline from Israel to the European Union must not be allowed to violate its maritime borders. Beirut has an unresolved maritime border dispute with Israel,  which it regards as an enem..

Argentina Plans Vaca Muerta Production Boost, Pipeline Buildout

Argentina’s energy minister reiterated his country’s commitment to build infrastructure and boost output of natural gas, citing plans for a new 22 MMcm/d pipeline from the Vaca Muerta shale producing region to Buenos Aires. Minister Gustavo Lopetegui said at a Houston news conference that Argentina..

Denmark Asks Nord Stream 2 to Assess 3rd Option for Pipeline

The Danish Energy Agency has requested an environmental assessment of a third route option for the Nord Stream 2 gas pipeline in Danish waters, a move that could delay the project to pump Russian gas to Europe. The 765-mile (1,225-km) pipeline, now under construction, has come under fire from the U..

Consortiums Bid to Build $1.6 Billion Gas Pipeline in Bulgaria

Three consortiums have submitted bids in a 1.4 billion euro ($1.6 billion) tender to build a pipeline to carry Russian natural gas across Bulgaria, state-owned network operator Bulgartransgaz said. The consortiums include companies from Italy, Hungary and Saudi Arabia, it said. The pipeline could b..

Trump Signs New Permission for Keystone XL Pipeline

U.S. President Donald Trump signed a new permission for TransCanada Corp to build the Keystone pipeline for imports of Canadian oil, replacing his previous permits in an effort side step the blocking of the project by a Montana court. In issuing the executi..

Local Sewer Grants Targeted for Big, Speculative Increase

Stephen Barlas, Contributing Editor, Washington, D.C.  There seems to be a pretty good chance that Congress will pass a reauthorization of the Clean Water State Revolving Fund (CWSRF) this Congress given strong bi-partisan support for the Water Quality Protection and Job Creation Act of 2019 (H.R. ..

Congress Begins to Consider Changes to Pipeline Safety Law

Stephen Barlas, Contributing Editor, Washington, D.C. Congress had its first hearings in April in both the House and Senate on reauthorization of the Pipeline Safety Act, which loses its current authority Sept. 30, 2019.  There will perhaps be some new safety requirements passed given that both De..

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..

Mass. Budgets Statewide Review of Natural Gas Systems

Massachusetts Gov. Charlie Baker signed a spending bill that funds a statewide examination of Massachusetts’ natural gas distribution system, a review that was ordered after last September’s gas explosions near Boston that killed one person, injured 25 others and damaged or destroyed dozens of build..

ACLU Challenges South Dakota Pipeline Protest Legislation

The American Civil Liberties Union is challenging a new law signed by South Dakota Gov. Kristi Noem aimed at potential protests against the planned Keystone XL oil pipeline. The Republican governor’s bills require pipeline companies to chip in on protest-related expenses and create a way to pursue..

Project Delays Sink Oil Sands Output in 2019

Canadian Oil Sands production in 2019 will be almost 230,000 bpd lower than last year, according to ESAI Energy’s recently published North America Watch.   Planned Canadian Oil Sands projects are being pushed back in response to further delays in pipeline egress and the mandated output cuts by the ..

Greece Becoming 1st First Non-Russian Gas Supplier to Bulgaria

Bulgaria’s Bulgargaz struck a deal to buy 1.5 million megawatt hours of natural gas from Greece’s DEPA, the first time the state provider has bought gas outside its long-term contract with Russia’s Gazprom. Bulgargaz said it will complete the purchase in the second quarter, pumping the gas into its..

United States Was Net Gas Exporter Over 12 Consecutive Months

According to EIA’s most recent publication of the Natural Gas Monthly, U.S. net natural gas exports in January 2019 totaled 2.3 Bcf/d, marking 12 consecutive months in which U.S. natural gas exports exceeded U.S. imports.  Preliminary data from PointLogic E..

POC Shifts Back Toward Pipeline Industry Basics

By Pipeline & Gas Journal The panel on transporting LNG in the U.S., featuring Andrew Biar, president of Strategic Public Affairs; Kevin Ewing, partner at Bracewell; Guy Nicholls, director of Maritime Operations at Cheniere; Lance Goodwin, vice presid..

Interstate Pipeline Companies: Condemning the State in Federal Court

By Richard G. Scott, Attorney, Rutter & Roy, LLP In New Jersey, it is almost impossible for an interstate pipeline company to build a significant pipeline project without crossing state-owned land or land in which the state holds some form of interest. Sev..

TANAP’s Seismic Fault Crossing Posed Challenges For Welding

The Trans Anatolia Natural Gas Pipeline transports Azeri gas from the Shah Deniz field through Turkey and Europe. Construction of the technically challenging project was complicated by the North Anatolian Fault.

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