Companies
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.
US Court Stays Ruling Against Dominion Atlantic Coast Pipeline
US Court Stays Ruling Against Dominion Atlantic Coast Pipeline A U.S. appeals court has stayed a previous court decision against Forest Service permits that allowed Dominion Energy Inc to build the $7 billion Atlantic Coast natural gas pipeline across national forests and the Appalachian Trail. ..
Wood Awarded Major Pipeline Construction Contract
Wood has been awarded a $34 million contract from RH energytrans LLC to construct 28 miles of new pipeline designed to carry natural gas from Pennsylvania to Ohio.
Nuevo Midstream Dos to Purchase Republic Midstream
Nuevo Midstream Dos, LLC entered into a definitive agreement with an affiliate of ArcLight Capital Partners to buy Republic Midstream, which owns and operates a crude oil gathering, storage and intermediate transportation system in the Eagle Ford Shale.
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.
Con Edison Halts Gas Hookups, Citing Interstate Pipeline Constraints
Consolidated Edison Inc said it will impose a moratorium on new natural gas service in parts of New York's Westchester County to protect system reliability due to limited space on interstate pipelines to the region.
Serbia's Gastrans Invites Binding Bids for New Gas Link
Serbia's Gastrans has invited binding bids to book capacity at a planned section of Gazprom's TurkStream pipeline, which will carry Russian natural gas across Serbia to Europe.
TPG Capital Announces Acquisition of Goodnight Midstream
TPG Capital, the private equity platform of global alternative asset firm TPG, announced today it has signed a definitive agreement to acquire a majority stake in Goodnight Midstream, a leading midstream produced water infrastructure company, for approximately $930 million. TPG is acquiring the company from Tailwater Capital and private investors. Existing shareholders, including management, will retain a significant minority interest in the company.
Three Groups 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 on Thursday.
Moda Looks at 2nd Supertanker Berth to Handle 3 New Pipelines
Moda Midstream LLC is considering building a second berth at its Ingleside, Texas, crude export terminal to accommodate supertankers, the company’s chief executive said
NextDecade Leases Brownsville Site for $15 Billion Rio Grande LNG Project
NextDecade Corporation (NextDecade) announced today that Rio Grande LNG, LLC, a NextDecade subsidiary, has entered into a lease agreement with the Brownsville Navigation District (BND).
Cheniere, Bechtel Announce Substantial Completion of Train 1 at Corpus Christi
Cheniere Energy and Bechtel on Monday announced substantial completion of Train 1 of the Corpus Christi liquefaction project was achieved last week and said Bechtel has turned over the project to Cheniere following its commissioning.
Enbridge Delays Line 3 Pipeline Opening in Minnesota by Year
Enbridge Energy is delaying the start-up of its planned Line 3 replacement crude oil pipeline through northern Minnesota by a year, until the second half of 2020.
Jupiter Extends Open Season for Crude Pipeline from Permian to Gulf
Jupiter Energy extended an open season until May 31 on a crude oil pipeline from the Permian to the Port of Brownsville. It is expected to be operational in fourth quarter of 2020.
Dominion to Ask Supreme Court to Hear Pipeline Appeal
Dominion Energy said it will ask the U.S. Supreme Court to hear its appeal after a lower court refused to reconsider a ruling tossing out a permit that would have allowed the Atlantic Coast Pipeline to cross two national forests, including parts of the Appalachian Trail.
Navigator Announces Glass Mountain Expansion, Extended Voyager Open Season
Navigator Energy Services said it will significantly expand its Glass Mountain Pipeline System (GMP) with new segregated crude grades, more storage and transportation capacity, additional origin points and expanded market access at Cushing. It also extended its open season with Magellan Midstream for their proposed 500-mile Voyager Pipeline.
Appeals Court Rejects Dominion's Request for New Atlantic Coast Pipeline Hearing
A federal appeals court denied a request to reconsider a ruling throwing out a permit for the Atlantic Coast Pipeline to cross two national forests, including parts of the Appalachian Trail.
Hess Midstream to Acquire Tioga Gathering System
Hess Midstream Partners subsidiary Hess North Dakota Pipelines agreed to purchase the crude oil and gas gathering assets of Summit Midstream Partners’ Tioga Gathering System for about $60 million gross – $12 million net to Hess Midstream.
Black Rock, KKR Land $4 Billion Pipeline Deal with UAE’s ADNOC
Abu Dhabi National Oil Company (ADNOC) has sealed a $4 billion midstream pipeline infrastructure deal with U.S. investment firms KKR and BlackRock, the government-owned company said.
New Pipelines Drain West Texas Crude Stocks to 4-Month Low
Crude inventories in West Texas dropped this week 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, data from market intelligence provider Genscape showed.
TransCanada Restarts Shut Portion of Keystone Oil Pipeline
TransCanada restarted a section of the Keystone oil pipeline, following a leak of 43 barrels of crude oil in Missouri earlier this month, the company said.
Government
By Stephen Barlas, Contributing Editor, Washington, D.C. US Chamber Details Effect of Pipeline and LNG Opposition A new U.S. Chamber of Commerce study estimates at least $91.9 billion in domestic economic activity and nearly 730,000 job opportunities were lost because of environmental opposition..
Williams, Targa Plan New Pipeline Projects
Williams and Targa Resources announced new NGL agreements and pipeline projects that will link the Kansas and Mont Belvieu, Texas, markets. Williams will build the 188-mile Bluestream Pipeline from its fractionator in Conway, Kan, and the southern terminus of Overland Pass Pipeline to an interconnect with Targa’s Grand Prix NGL Pipeline in Kingfisher County, Okla.
Companies in the News
The ROSEN Group opened a new Aberdeen, Scotland, office. The company expects to increase its Aberdeen base to at least 20 employees in the next 24 months. The local integrity team receives support from 160 Newcastle-based employees. GTI won the National Association of Regulatory Utility Commissione..
Pennsylvania Suspends all Permit Work for Energy Transfer
Pennsylvania environmental regulators said they have suspended all permit work for Energy Transfer projects because it failed to comply with an October order after an explosion on the Revolution natural gas pipeline in the western part of the state.
Missouri Leak Prompts Closure of Parts of 2 Oil Pipelines
An oil leak near St. Louis prompted the closure of parts of two pipelines as crews work to determine the source, company officials and Missouri regulators said.
4 Activists Arrested Attempting to Shut Down Oil Pipeline
Four climate-change activists from the Catholic Worker movement were arrested in an attempt to shut down an Enbridge's Line 4 oil pipeline in north-central Minnesota.
Exxon-Qatar's Golden Pass JV to Anchor Enable's Gulf Run Pipeline
nable Midstream Partners said an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project.
Bangladesh Imports First LNG from Oman After Pipeline Completed
Bangladesh has imported its first LNG cargo from Oman Trading International, its long-term supplier of the super-chilled fuel, after construction at a domestic pipeline was completed.
Global News
Eni’s Indonesia Gas Project may Start Up in 2021 Indonesia’s deputy energy minister said Eni aims to start output of natural gas in 2021 from its offshore Merakes project, which includes construction of subsea systems and pipelines to transport production to a floating production unit (FPU) appro..
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
