Pipeline contractor
Pipeline Operator Enbridge to Cut 650 Jobs Amid Cost Reduction Efforts
North American energy pipeline operator Enbridge said on Tuesday it will cut its workforce by 650 jobs in a bid to cut costs.
MPLX Exceeds Q4 2023 Expectations with Surge in Pipeline Volumes
Midstream energy company MPLX on Tuesday reported higher fourth-quarter earnings, beating expectations, as its pipelines transported an increased volume of energy products.
Trans Mountain Oil Pipeline Faces New Delay Due to Technical Issues
Canada's Trans Mountain said on Monday that it had run into technical issues and faces new delays as it tries to complete the final part of expanding its oil export pipeline.
Energy Transfer Does Not Expect Shutdown of Dakota Access Oil Pipeline
Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after a long-pending environmental review of a section that runs under a lake and is opposed by nearby Native American tribes.
Global Pipeline Construction Outlook 2024: New LNG Terminals Sound Beckon Call for More Pipelines
(P&GJ) — It comes as little surprise to those in midstream that during the past year we have continued to see LNG initiatives garner more attention than pipeline projects. However, terminal construction drives new pipeline construction.
CorEnergy Completes $175 Million Sale of MoGas, Omega Pipeline Systems to Spire
CorEnergy Infrastructure Trust Inc. has successfully closed the sale of its MoGas and Omega pipeline systems to Spire Midstream for $175 million.
Spotlight on Germany: Nation’s Pipelines Nearing Major Changes
The pipelines’ sector of Germany is on the verge of major changes, due to the ongoing conversion to hydrogen and the rapid development of H2 and gas pipelines’ infrastructure throughout the country.
Kinder Morgan's Q4 Profits Dip on Interest Costs and Natural Gas Challenges
Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline segment hurt margins during the period.
GasNet's 40,000-Mile Gas Pipeline Network Attracts CEZ and CVC for Final Bidding
CEZ and CVC Capital Partners are planning to place competing bids next week for Czech gas distribution network GasNet, which covers 80% of the country's gas distribution through a network of 40,000 miles of gas pipelines.
Canadian Regulator Clears Trans Mountain Pipeline Change, Allowing Early 2024 Completion
Trans Mountain had asked to be allowed to install smaller-diameter pipe in a 1.4-mile (2.3-km) section of the pipeline's route after encountering challenging drilling conditions due to the hardness of the rock in a mountainous area between Hope and Chilliwack in the province of British Columbia.
Russian Pipeline Gas Exports to Europe Down 56% in 2023
Natural gas supplies to Europe by Russian energy giant Gazprom were down 55.6% to 28.3 billion cubic meters (Bcm) in 2023, Reuters calculations showed on Tuesday.
Engie Brasil Sells 15% Stake in Gas Pipeline Firm TAG to Canada's CDPQ for $641 Million
Engie Brasil said on Thursday it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ) for $641 million.
Oxygen Corrosion Control for Multiphase, Gas Phase Pipelines
(P&GJ) — The oil and gas industry is committed to driving greater production and transportation from existing infrastructure, and ensuring effective asset integrity and flow assurance is essential to this objective.
FERC Approves MVP’s Southgate Gas Pipeline Extension in North Carolina, Alongside Rate Hike
(P&GJ) — The Mountain Valley Pipeline (MVP) has received two federal approvals from the Federal Energy Regulatory Commission (FERC): one for increased rates on the transportation of natural gas through the 303-mile pipeline and the other for additional time for the construction of a North Carolina extension known as the Southgate Project.
DNV and NGT Collaborate on Pioneering Hydrogen Pipeline Research for UK's Gas Network
DNV has announced that it is the lead partner for National Gas Transmission (NGT) in further expanding a world first hydrogen pipeline research facility FutureGrid. DNV will support NGT in developing a hydrogen de-blending, purification, and re-fueling facility at the site.
Pembina Pipeline Acquires Enbridge's Interests in Alliance Pipeline, Aux Sable for $3.1 Billion
(P&GJ) — Enbridge Inc. has entered into a definitive agreement to sell its 50% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corp. for a purchase price of $3.1 billion, including non-recourse debt at Alliance of approximately $0.3 billion.
Kinder Morgan Increases Permian Highway Pipeline Capacity by 550 MMcf/d
(P&GJ) — Pipeline operator Kinder Morgan has successfully augmented the capacity of its Permian Highway natural gas pipeline by an additional 550 million cubic feet per day (MMcf/d), CEO Kimberly Dang announced during an investor call Dec. 7.
Serbia Launches Gas Pipeline Interconnector with Bulgaria, Diversifying Supplies
Serbia on Sunday completed the interconnector to a pipeline in Bulgaria, which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.
Trans Mountain Pipeline Expansion Faces Further Delays, Posing Financial Challenges for Canadian Oil Producers
Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the expanded line, meant to unlock access to Asia.
Mountain Valley Pipeline Owner Equitrans Considering Asset Sale
While there is no certainty that the company would decide to proceed with the sale, it would likely attract interest if it were to launch a sale process in early 2024, coinciding with the expected completion of the Mountain Valley pipeline.
Canadian Regulators Approve Preliminary Interim Tolls on Expanded Trans Mountain Pipeline
The Canada Energy Regulator (CER) on Thursday approved preliminary interim tolls for the expanded Trans Mountain pipeline system, allowing the project to begin charging for shipping services once operations start.
Elliott Takes $1 Billion Stake in U.S. Pipeline Operator Phillips 66, Urges Board Revamp
Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to boost lagging performance.
Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
(P&GJ) — Kinder Morgan Inc. has agreed to acquire NextEra Energy Partner's South Texas assets, STX Midstream, for $1.815 billion. The STX Midstream pipeline system, which spans 462 miles, boasts a substantial transport capacity of 4.9 billion cubic feet per day.
Bakken Case Study: Expanding Operations Depends on Thick-Walled HDPE Pipe
(P&GJ) – As Continental Resources expands its operation in Dunn County, North Dakota, an important component is the use of high-density polyethylene (HDPE) pipe that was selected not only for its integrity but also because it can be installed without scaring the environment.
Pipeline Operator Enbridge Beats Profit Targets on Higher Transport Volumes
Pipeline operator Enbridge on Friday beat third-quarter profit estimates, benefiting from transporting higher volumes of oil and other liquids.
Mountain Valley Pipeline Completion Pushed to First-Quarter 2024, Costs Rise to $7.2 Billion
(P&GJ) — Mountain Valley Pipeline LLC has redefined its timeline for completing the Mountain Valley Pipeline (MVP) project, now aiming for a startup in the first quarter of 2024, the company announced in a regulatory filing with the Securities and Exchange Commission on Oct. 18.
Kinder Morgan's Q3 Earnings Fall Short Due to Commodity Prices and Pipeline Expenses
Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected profit for the third quarter as higher interest expenses offset strength in its natural gas and products pipeline segment.
Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
The rupture occurred when an excavator operator accidentally damaged a 22-inch gas pipeline near Middleton. However, Williams contested the local authorities' account of the incident, asserting no ignition, fire, or explosion was connected to the occurrence.
Canadian Regulator Set to Decide on Trans Mountain Expansion Tolls
The Canada Energy Regulator (CER) said on Thursday it will make a preliminary decision on Trans Mountain Corp.'s proposed shipping tolls for its oil pipeline expansion project this autumn before holding a hearing on the tolls next year.
TC Energy Names Ex-CEO as Chair of Oil Pipeline Business
Canadian pipeline operator TC Energy on Thursday named industry veteran and former CEO Hal Kvisle as the chair of its oil pipeline unit.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
