Hosted By: American Petroleum Institute (API)
Dates: November 18, 2024 - November 22, 2024
The Oil and Gas industry is commonly divided into the three major sectors: Upstream, which includes oil and gas exploration and production; Midstream, which includes the transportation and storage of oil and gas; and Downstream, which refers to the refining and processing of crude oil and natural gas, as well as the marketing and distribution of petroleum-based products, including gasoline, diesel, jet fuel, natural gas liquids, and many others.
The midstream sector plays a crucial role in the transportation, storage, and processing of hydrocarbon products between the upstream and downstream sectors. As an essential link in the value chain, midstream operations facilitate the movement of crude oil, natural gas, and refined petroleum products from production areas to refineries, distribution terminals, and end consumers.
Liquefied Natural Gas (LNG) is natural gas that has been converted to liquid form for ease of storage or transport. Natural gas liquifies when it is cooled to -162ºC (-260ºF) at ambient pressure. LNG takes up about 1/600th the volume of natural gas in the gaseous state, and is odorless, colorless, non-toxic, and non-corrosive.
Liquefied Petroleum Gas (LPG) is a hydrocarbon gas that liquefies in a tank, cylinder, or other closed container at normal temperature and under low pressure. LPG is similar in chemical composition to natural gas, however LPG is usually either propane or butane, or both. Similar to natural gas, LPG itself is colorless and odorless. The sour, sulfur smell comes from adding a chemical odorant, so humans can more easily detect the presence of the gas. LPG can be used to heat, cook, barbecue, light, cool or even produce electricity, all without being connected to the gas or electricity grid.
One of the primary functions of midstream operations is the transportation of hydrocarbon resources. In addition to pipelines, modes of transportation may include marine vessels, rail systems, and trucking fleets to facilitate the transportation of oil and gas in areas where pipelines are not feasible or economical.
Pipelines are the predominant mode of transportation in the midstream sector, offering a cost-effective and efficient means of moving large volumes over long distances. They provide a reliable and continuous flow, reducing the reliance on other modes of transportation. Pipelines can span across continents and traverse various terrains, including land and underwater. They are typically made of steel and undergo rigorous inspections and maintenance to ensure their integrity and safe operation.
Marine transportation involves the use of tankers and barges to transport crude oil, LNG, and refined petroleum products across waterways and oceans. Tankers are specially designed ships that can carry large quantities of oil and gas over long distances. They play a crucial role in international trade, enabling the global distribution of hydrocarbon resources. Marine terminals and ports provide the necessary infrastructure for loading and unloading tankers, ensuring the efficient transfer of oil and gas between sea and land.
Crude-by-Rail refers to the transportation of crude oil from one location to another using railroads. It serves as an alternative to pipelines or oil tankers and allows for flexible transportation routes, especially in areas where pipelines are not available or economically viable. Railways have the capacity to carry tens of thousands of barrels of crude oil per day. However, transporting flammable crude oil by rail carries certain risks, and therefore, the crude-by-rail industry is heavily regulated. Regulations govern train speeds, equipment materials, inspection intervals, and other safety measures.
Trucking is another transportation method used in the midstream sector, particularly for short-distance or last-mile deliveries. Trucks equipped with specialized tanks transport crude oil, refined products, or natural gas in smaller quantities to various destinations, such as local refineries, distribution terminals, or end consumers. While not as efficient as pipelines or rail systems for long-distance transportation, trucks offer flexibility and accessibility in reaching remote or less connected areas.
Storage facilities are essential components of the midstream sector, ensuring a reliable supply of hydrocarbons to meet market demand. These facilities include above-ground storage tanks (ASTs), underground storage tanks (USTs), and tank farms called terminals. They provide temporary storage for crude oil, natural gas liquids (NGLs), and refined products until they are needed for further transportation, processing, or distribution. Strategically located storage facilities also serve as buffers during supply disruptions, seasonal fluctuations in demand, or emergencies.
Above-ground storage tanks (ASTs) are large containers designed to store crude oil, refined products, or NGLs at atmospheric pressure. They are commonly used at refineries, distribution terminals, and other midstream facilities. ASTs are constructed with various materials, including steel and fiberglass, and are equipped with safety features to prevent leaks, spills, or other incidents.
Underground storage tanks (USTs) are another form of storage used in the midstream sector. USTs are typically made of materials such as fiberglass-reinforced plastic or steel and are installed underground to store petroleum products, including gasoline, diesel, and heating oil.
Terminals (also called tank farms) are industrial facilities used to store oil, gas, and/or petrochemical products. Terminals are made up of underground storage tanks, aboveground storage tanks, or both, and pipelines, which are used to receive product, as well as transport product to the end user or further storage facilities. There are currently over 6,000 terminals in the world, with over 2,000 located in North America.
Midstream operations may also involve processing facilities, such as gas processing plants and fractionation plants. Raw natural gas primarily consists of methane, but also contains other gases and liquids such as water, nitrogen, carbon dioxide, hydrogen sulfide, and more. In addition, raw natural gas often contains varying amounts of heavier hydrocarbons, such as ethane, propane, butane, isobutane, and pentane, which are separated and purified into finished by-products at gas processing facilities and collectively referred to as Natural Gas Liquids (NGL). Fractionation plants, on the other hand, separate NGLs into their individual components for various industrial applications, including fuel blending, petrochemical production, and heating.
There are many uses for NGLs throughout a variety of industries. They can be used as inputs for petrochemical plants, burned for space heat and cooking, and blended into vehicle fuel. Ethane is used almost exclusively to produce ethylene, which is then turned into plastics. Much of the propane, by contrast, is burned for heating, although a substantial amount is used as petrochemical feedstock. A blend of propane and butane, sometimes referred to as "autogas," is a popular fuel in some parts of Europe and Australia. Natural gasoline (pentanes plus) can be blended into various kinds of fuel for combustion engines, and is useful in energy recovery from wells and oil sands.
The midstream sector operates within a complex regulatory framework to ensure safety, environmental protection, and efficient energy markets. Regulatory bodies, such as the Pipeline and Hazardous Materials Safety Administration (PHMSA) in the United States, oversee the construction, operation, and maintenance of pipelines to minimize risks and ensure compliance with established standards.
Furthermore, midstream companies are often subject to environmental regulations concerning emissions, spills, and land use, and they must adhere to stringent guidelines to mitigate the potential impact on ecosystems, communities, and public health.
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Contribute to DefinitionAn overview of the key updates and validation requirements for the revised edition of POF 310, which was issued in December 2023.
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Energy Transfer and Sunoco recently announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.
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US oil refiners and West Coast traders are concerned about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion, warning that high vapor pressure and acidity limits could deter purchases of Canadian heavy barrels.
The startup of Golden Pass LNG, the $11 billion joint venture LNG project in Texas, has been delayed by at least six months due to construction turmoil.
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Energy Transfer and WTG Midstream announced that they have entered into a definitive agreement pursuant to which Energy Transfer will acquire WTG Midstream.
Petronas said its LNG complex in Bintulu was fully restored on Sunday, more than a week after a power loss incident disrupted normal operations.
British energy infrastructure operator National Grid said it is looking to sell its Grain LNG terminal in Britain, Europe's largest such facility.
Abu Dhabi National Oil Company (ADNOC) has acquired an 11.7% stake in NextDecade's Rio Grande liquefied natural gas export facility in Texas.
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Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.
Turkey's state gas grid operator BOTAS signed an LNG trade deal with ExxonMobil.
China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project.
ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of 2025.
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Pembina Pipeline Corporation has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures for approximately $3.1 billion.
INEOS has completed the acquisition of TotalEnergies' petrochemical assets at Lavera in Southern France.
CPS Energy has acquired natural gas plants in Corpus Christi, TX and Laredo, TX from Talen Energy for $785 million.
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TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage.
EQT Corporation and Equitrans Midstream Corporation have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion.
Enbridge has acquired The East Ohio Gas Company ("EOG") from Dominion Energy, Inc. The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit.
TC Energy's Keystone oil pipeline has resumed service after going offline and temporarily restricting a major conduit of Canadian oil to the United States, which sent oil prices higher.
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated liquefied natural gas (LNG) facility.
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Qatar will raise natural gas production despite a recent steep drop in global prices, in a long-term bet on rising demand.
U.S. energy regulators on Friday said they would decide quickly on liquefied natural gas developer Venture Global LNG's extension request.
Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator.
U.S. energy regulators approved a cross-border pipeline that would export about 2.8 billion cubic feet per day of natural gas from Texas to Mexico.
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Phillips 66 beat quarterly profit estimates on Wednesday, helped by strong refining margins and gains from its midstream unit, sending its shares up 2.6% to an all-time high of $146.11.
Phillips 66 has shut a section of a natural gas pipeline it operates in Oklahoma after a fire and rupture on Tuesday. The company said the fire was extinguished early on Wednesday, while it has not yet determined the cause of the incident.
Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week's Arctic freeze.
Sunoco LP and NuStar Energy L.P. have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt.
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A severe winter storm shut a U.S. Gulf Coast refinery in Texas on Tuesday, triggered malfunctions at others and halved North Dakota oil production.
Williams recently announced that it has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion.
An explosion at an oil terminal in the West African country of Guinea killed at least 13 people and injured 178 on Monday, the government said.
Enbridge has entered into a definitive agreement to sell its 50.0% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corporation for $3.1 billion.
BP has restarted its Olympic Pipeline after it reportedly leaked roughly 25,000 gallons of gasoline near Mount Vernon in Washington state.
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The Canada Energy Regulator denied a request from the Trans Mountain Expansion (TMX) project for a variance on a section of pipeline under construction.
Kinder Morgan recently announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.
The Canada Energy Regulator has ordered the Trans Mountain oil pipeline expansion project to stop work in a wetland area near Abbotsford, British Columbia, after inspectors found several environmental and safety-related non-compliances.
Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at $4.9 billion
Enterprise has announced 4 new capital projects to support production growth in the Permian Basin. They are also returning the Seminole Pipeline, which has a capacity of 210,000 bpd of crude oil, to natural gas liquid service in December 2023
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U.S. LNG company Freeport LNG received approval from federal energy regulators to take more steps to return its export plant in Texas to full operation.
Canadian pipeline operator TC Energy is exploring a multibillion-dollar asset sale plan to lower its debt and fund new investments.
Finland is tightening access to parts of its Inkoo port as part of efforts in the wider region to intensify security at energy installations.
Equitrans Midstream said it has entered into a consent agreement with the U.S. pipeline regulator for the Mountain Valley Pipeline project.
Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure provider.
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ONEOK and Magellan Midstream Partners, L.P. have announced that, at their respective Special Meetings, ONEOK shareholders and Magellan unitholders approved the previously announced merger.
The last major piece of infrastructure needed to start production at Mexico's first floating LNG plant is set to depart from a Texas shipyard next week.
An Australian union alliance on Friday called off strikes at Chevron's two major local liquefied natural gas projects.
PHMSA announced it is awarding $14.8 million in grants to fund projects and activities to improve pipeline safety.
Stolthaven Terminals is expanding its two US facilities in New Orleans and Houston to continue to meet its customers’ growing needs for specialist storage and handling services.
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Enbridge is set to become the largest natural gas provider in North America after $14 billion acquisition of EOG, Questar, and PSNC.
Western Midstream Partners said on Tuesday it was acquiring Meritage Midstream Services II LLC for $885 million.
Chevron Australia and unions representing workers at two of the U.S. energy major's LNG facilities in Australia began talks on Monday aimed at averting strikes.
Energy Transfer and Crestwood Equity Partners recently announced they've entered into a definitive merger agreement pursuant to which Energy Transfer will acquire Crestwood in an all-equity transaction valued at approximately $7.1 billion
HF Sinclair and Holly Energy Partners have entered into a definitive merger agreement for HF Sinclair to acquire all of the outstanding common units of HEP not owned by HF Sinclair or its affiliates in exchange for common stock and cash.
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Pertamina plans to build a new fuel storage facility in north Jakarta, Indonesia following a deadly fire that erupted at a different terminal earlier this year.
Equitrans Midstream on Tuesday said it still expects to complete the Mountain Valley natural gas pipeline by the end of the year.
The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from the oil and gas sector, two agencies said on Monday.
The CSB has released its final investigation report on the massive 2019 tank farm fire at the ITC bulk liquid storage terminal in Deer Park, TX.
Hindustan Petroleum Corp Ltd has received six or seven bids from industries to lease a part of its Chhara LNG import terminal on the west coast.
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Midstream companies in North America will spend $50 billion this year and next to keep up with surging volumes of natural gas from prime shale basins.
The U.S. Department of Energy recently purchased 3 million barrels of U.S. produced crude oil for the Strategic Petroleum Reserve, and is currently soliciting another 3.1 million barrels.
U.S. energy company Williams Cos Inc is on track to complete two natural gas pipeline projects in New Jersey and Louisiana on time by the end of 2024.
QatarEnergy has signed a 15-year supply deal for liquefied natural gas (LNG) with Bangladesh's state-owned PetroBangla.
Tanzania's government said on Wednesday it had completed negotiations with the investors of its $42 billion liquefied natural gas (LNG) project.
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Western Midstream Partners has announced the sanctioning of a new 250 MMcf/d cryogenic processing plant in the North Loving area of its West Texas complex.
ONEOK and Magellan Midstream Partners have executed a definitive merger agreement under which ONEOK will acquire Magellan in a transaction valued at $18.8 billion, resulting in a combined company with a total enterprise value of $60 billion.
Shell has suspended production at its Prelude floating LNG facility off Western Australia due to problems with its processes, a spokeswoman said on Friday.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) today announced it is proposing a new rule to significantly improve the detection and repair of leaks from gas pipelines.
BP has agreed to buy rival giant Shell's 27% stake in the Browse joint venture in Australia.
Introducing the IGS Tube Tech rover system, the next generation in autonomous cleaning technology, capable of removing more than 90% of fouling and restoring your fired heater convection sections to their original design thermal efficiency.
U.S. liquefied natural gas (LNG) company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with Hartree Partners LP.
The Gonfreville refinery in northern France run by TotalEnergies started returning to operation on Tuesday, the company said, marking the last of its four domestic refineries to restart after a month-long strike.
PHMSA recently announced more than $25 million in grant funding for projects that will train first responders, strengthen safety programs, improve safety, reduce environmental impacts, and educate the public on local safety initiatives.
Energy Transfer LP has agreed to acquire Lotus Midstream Operations LLC in a deal that will increase its crude pipeline assets across the Permian basin.
In 2022, the United States set a new record for petroleum product exports, up 7% from 2021, according to the U.S. Energy Information Administration's (EIA) Petroleum Supply Monthly report.
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Sempra has reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Venture Global LNG has announced a final investment decision (FID) and successful closing of the $7.8 billion project financing for the second phase of the Plaquemines LNG facility.
The DOE has announced $47 million in funding for 22 research projects to advance the development of new measurement, monitoring, & mitigation technologies to help detect, quantify, & reduce methane emissions across O&G producing regions of the U.S.
Enbridge is planning more than $3 billion worth of investments in natural gas and liquids infrastructure and renewable power this year.
Harvest Midstream has announced the signing of a purchase and sale agreement with Ares Management funds to acquire Paradigm Midstream, LLC.
Cheniere initiates permitting process for significant expansion of LNG export capacity at Sabine Pass facility.
Williams recently announced that it has closed its acquisition of MountainWest Pipelines Holding Company from Southwest Gas Holdings, Inc. in a transaction valued of $1.5 billion.
Gulfstream LNG submits DOE Application to export LNG and executes lease agreement for 500-acre site in Plaquemines Parish, Louisiana.
Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday that federal regulators had approved it to partially restart commercial operations at its Texas plant after an outage that lasted more than eight months.
Freeport LNG sought permission from federal regulators on Monday to restart commercial operations at its long-idled liquefied natural gas (LNG) export plant in Texas.
Hungary plans to cooperate with Croatia to increase the capacity of the Adriatic pipeline that brings non-Russian crude to Hungary.
Freeport LNG, the second-biggest U.S. liquefied natural gas (LNG) exporter, got approval from federal regulators on Thursday to take early steps to restart its fire-idled LNG export plant in Texas.
Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its LNG export plant in Texas to February, as it awaits regulatory approvals.
Phillips 66 said on Friday it will acquire all publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing its economic interest in DCP Midstream to 86.8%.
Targa Resources has agreed to acquire Blackstone Energy Partners’ 25% interest in Targa’s Grand Prix NGL Pipeline for $1.05 billion in cash plus customary working capital adjustments, giving Targa full ownership of Grand Prix upon closing.
Harvest Midstream will buy the Belle Chasse terminal in Louisiana from U.S. refiner Phillips 66. The financial terms of the deal were not disclosed.
An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil refining centers, analysts and traders said on Friday.
Freeport LNG on Friday again delayed the restart of the second-biggest U.S. liquefied natural gas (LNG) export facility, moving its forecast for resuming processing to year's end, pending regulatory approval.
China's Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural gas (LNG), aiming to lock in supplies with gas-fired power generation poised to surge in the world's second-largest economy.
US LNG company Freeport LNG said it was targeting a mid-December restart for its Texas export plant, which has been shut for six months after a fire, pending regulatory approval.
Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target.
CF Industries is investing $200 million to build a CO2 dehydration and compression unit at its Donaldsonville, Louisiana, facility to enable captured CO2 to be transported and stored.
Top U.S. LNG exporter Cheniere Energy Inc will form a joint venture with units of Whistler Pipeline LLC to construct the ADCC natural gas pipeline, WhiteWater Midstream LLC said on Monday.
U.S. crude production and petroleum demand will both rise in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Wednesday.
Construction has begun on three new U.S. LNG export projects - Golden Pass LNG, Plaquemines LNG, and Corpus Christi Stage III - which are expected to collectively boost U.S. liquefied natural gas peak export capacity by 5.7 bcf/d by 2025
U.S. refiner Phillips 66 on Wednesday offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip's natural gas liquids business.
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.
Baker Hughes has announced it will acquire Quest Integrity, boosting its asset integrity solutions for “difficult to inspect” pipelines, adding capability for inspection of furnace tubes and loading terminals, along with other industrial markets.
A leak at a booster station in Louisiana forced six oil and gas fields in the Gulf of Mexico to shut down after oil major Shell was forced to close its Mars and Amberjack pipelines.
TC Energy Corp said on Thursday it had struck a deal with a Mexican state utility to develop a $4.5 billion natural gas pipeline.
The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.
Canada's Enbridge Inc said on Friday it will invest $1.5 billion in the joint construction and operation of the Woodfibre liquefied natural gas (LNG) project with Pacific Energy Corp Ltd.
Cheniere Energy, Inc. has entered into a long-term LNG sale and purchase agreement with PetroChina, whereby Cheniere will sell up to approximately 1.8 million tonnes of LNG per year to Petrochina on a free-on-board basis.
ConocoPhillips on Thursday agreed to take a 30% stake in Sempra Energy's proposed Port Arthur, Texas, liquefied natural gas (LNG) plant, advancing the long-delayed gas export project.
The International Pressure Equipment Integrity Association (IPEIA) Conference and Exhibition will be held from February 27 to March 2, 2023 at the Fairmont Jasper Park Lodge in Jasper, Alberta, Canada.
Air Products has announced a new $2 billion major expansion project that will produce sustainable aviation fuel (SAF) at World Energy’s Paramount, California location.
Oklahoma authorities on Sunday narrowed the scope of an evacuation order near the ONEOK natural gas plant following a fire on Saturday.
Fossil fuels—petroleum, natural gas, and coal—accounted for 79% of the 97 quadrillion British thermal units (quads) of primary energy consumption in the United States during 2021.
Targa Resources Corp. has reached a definitive agreement to acquire Lucid Energy for $3.55 billion in cash, subject to customary closing conditions, including regulatory approvals.
According to the latest oil market report from the International Energy Agency (IEA), global oil supply may struggle to keep pace with demand next year.
As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global mismatch between energy demand and available supply by supporting greater U.S. production and infrastructure.
Freeport LNG, operator of one of the largest LNG export plants in the U.S., will shut for at least three weeks following an explosion at its 15-million tonne/year liquefaction plant on the Texas Gulf Coast
Energy Transfer and China Gas have signed a 25-year sale and purchase agreement to supply LNG from Energy Transfer’s Lake Charles LNG Export Facility.
In the midst of a global energy crisis, it could be the innovations of mechanical engineers that save us.
In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase U.S. natural gas exports via pipeline and as liquefied natural gas (LNG).
WhiteWater Midstream, EnLink Midstream, Devon Energy Corp., and MPLX LP will move forward with the construction of the Matterhorn Express Pipeline after securing sufficient firm transportation agreements with shippers.
Sempra Infrastructure recently announced it has signed a participation agreement with TotalEnergies, Mitsui & Co., and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana.
MISTRAS Group has announced recent innovative technological advancements to its integrated pipeline integrity and inspection solutions.
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero.
MPLX is moving forward with the expansion of its Whistler Pipeline in the Permian Basin, increasing the mainline capacity from 2 Bcf/d to 2.5 Bcf/d through the planned installation of three new compressor stations.
Energy Transfer LP recently announced it has secured two long term Sale and Purchase Agreements for liquefied natural gas (LNG) from its Lake Charles LNG project.
API and the Association of Oil Pipe Lines have released their annual 2021 Pipeline Safety Excellence Performance Report, which found that the safety of liquids pipelines increased across several key indicators.
API has released two revised liquid pipeline leak detection standards to improve operational integrity and advance operators’ mitigation capabilities.
Pinnacle, a reliability data analytics company, released its Economics of Reliability report for the midstream oil & gas industry today.
PHMSA has announced a new rule requiring the installation of remotely controlled or automatic shut-off valves, or alternative equivalent technologies, on new and replaced onshore natural gas, carbon dioxide, and other hazardous liquid pipelines.
Tellurian recently announced it will begin construction of phase one of its Driftwood LNG export facility near Lake Charles, Louisiana.
The EIA projects that U.S. energy consumption will continue to grow through 2050, with petroleum remaining the largest share of energy consumption throughout that period, followed by natural gas.
U.S. liquefied natural gas (LNG) company Venture Global LNG received permission on Tuesday from federal energy regulators to commission the fourth liquefaction block at the company's Calcasieu Pass LNG export plant in Louisiana.
Targa Resources Corp. recently announced it has executed agreements selling its wholly-owned subsidiary that holds a 25% equity interest in the Gulf Coast Express Pipeline for $857 million.
In the latest video posted on Tellurian's website, Executive Chairman Charif Souki announced that the company will begin full construction of its Driftwood LNG export terminal in Louisiana in April of this year.
Exxon said it is further streamlining its business structure by combining chemical and downstream companies and centralizing technology and engineering, and other support services, to better support customers, enhance performance, and grow value.
Manufacturing defects involving certain pipelines components accounted for less than 2 percent (23 of 1,529) of all accidents on gas and hazardous liquid interstate transmission pipelines from 2016 through 2020, according to GAO's analysis.
According to the EIA, U.S. fossil fuel production is expected to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.
Enterprise Products Partners L.P. has entered into a definitive agreement to acquire Navitas Midstream Partners, LLC in a debt-free transaction for $3.25 billion in cash consideration.
The U.S. Pipeline and Hazardous Materials Safety Administration has issued a new rule that extends more stringent pipeline Integrity Management Program requirements to hazardous liquid pipelines near sensitive waterways.
Overall U.S. pipeline capacity utilization is at around 50%, compared with a range of 60% to 70% headed into early 2020 before the coronavirus pandemic hit, according to consultancy Wood Mackenzie.
Vopak Moda Houston, LLC recently announced that its marine terminal in the Port of Houston is fully operational.
NOLA Oil Terminal recently announced that it has begun construction on a $930 million oil and refined products terminal project in Plaquemines Parish, Louisiana, occupying 158 acres on the lower Mississippi River.
Aramco announces $15.5 billion landmark gas pipeline deal with global consortium led by BlackRock Real Assets and Hassana Investment Company.
INEOS FPS has announced plans to deploy innovative Artificial Intelligence (AI)-driven optimization technology at its Kinneil Terminal in Grangemouth that will deliver further carbon emissions reductions from its operations.
Mitsubishi Corp is looking to sell a fuel terminal that provides transportation fuels which meet California's stringent emissions requirements, two sources familiar with the matter told Reuters on Wednesday.
Shell and Baker Hughes are collaborating to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is issuing a final rule that expands Federal pipeline safety oversight to all onshore gas gathering pipelines.
U.S. demand for crude among refiners making gasoline and diesel is surging and crude oil tanks at the Cushing, Oklahoma storage and delivery hub for U.S. crude futures are more depleted than they have been in the last 3 years
North Dakota Governor Doug Burgum recently announced that the North Dakota Development Fund has approved initial support for Cerilon Inc. to develop a major gas-to-liquids complex in North Dakota, with the initial phase estimated at $2.8 billion.
PHMSA announced that it is awarding $98,800,117 in grants to states, territories, and tribes to help enhance pipeline and hazardous materials safety programs at the community level for 11 different safety programs
Houston-based oil producer Hilcorp is evaluating Phillips 66's refinery in Alliance, Louisiana, for conversion into an oil export terminal, said four sources familiar with the matter, a move that would eliminate it as a source of motor fuels.
Ørsted and Williams have signed a memorandum of understanding (MOU) to explore potential jointly developed Power-to-X projects in the US.
U.S. and North American energy regulators on Thursday issued recommendations and mandatory electric reliability standards for utilities that they hope will prevent a repeat of February's deadly power outages in Texas during a deep freeze.
Enbridge recently announced that it has entered into a definitive purchase agreement to acquire Moda Midstream Operating, LLC for USD $3 billion in cash. The deal includes a 100% operating interest in North America's largest crude export terminal.
Colonial Pipeline has restored service to Lines 1 & 2, which run from Houston, TX to Greensboro, NC, following a temporary shutdown in advance of Hurricane Ida making landfall off the coast of Louisiana.
Following Hurricane Ida, analysts said it could take 2-3 weeks to restart producing platforms and fully resume output at Louisiana refineries. Restoring power, critical to refineries, also could take weeks, utilities officials said.
IMTT recently announced it will build additional tanks, pipeline, and dock infrastructure at its Geismar, Louisiana marine terminal to handle renewable feedstocks and renewable products, including renewable diesel, biodiesel and other products.
The U.S. Chemical Safety Board (CSB) has released an animation detailing the events leading up to the October 26, 2019, hydrogen sulfide release at the Aghorn Operating waterflood station in Odessa, Texas. The release fatally injured...
The 450-mile Whistler Pipeline was recently brought online in Texas, providing approximately 2.0 Bcf/d of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin.
HollyFrontier and Holly Energy Partners are acquiring Sinclair Oil in a deal valued at approximately $2.6B that will include Sinclair's branded marketing business, refineries, renewable diesel business, and pipeline and terminal assets.
API published an update to Standard 1104, Welding of Pipelines and Related Facilities, updating an important global standard that supports industry-wide actions to strengthen environmental sustainability efforts while meeting growing energy demand.
Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.
Kinder Morgan has agreed to acquire Indianapolis-based Kinetrex Energy, a leading supplier of liquefied natural gas in the Midwest and a rapidly growing player in producing and supplying renewable natural gas.
The Pennsylvania Public Utility Commission has imposed a $1 million fine and new safety requirements on Energy Transfer following the 2018 explosion and fire at its Revolution natural gas pipeline in Western Pennsylvania.
U.S. fossil fuel consumption in 2020 fell by 9% to its lowest levels in nearly 30 years.
Tellurian has submitted a formal application to construct and operate an approximately 37-mile interstate pipeline that will originate in Beauregard Parish, Louisiana and end in Calcasieu Parish, Louisiana.
TC Energy has officially terminated the Keystone XL Pipeline Project after a decade-long battle U.S. landowners, environmental groups, and Native American tribes.
Enable Midstream has secured FERC approval to construct and operate its Gulf Run Pipeline project, designed to transport up to 1.7 Bcf/d of natural gas from the Haynesville, Marcellus, Utica and Barnett shales to the U.S. Gulf Coast.
The American Petroleum Institute, with support from members and other industry organizations, has published the "Oil and Natural Gas Industry Preparedness Handbook" to help those on the ground manage and mitigate disruptive events, like hurricanes.
Kinder Morgan has agreed to acquire Stagecoach Gas Services for $1.225 Billion. The deal includes 4 natural gas storage facilities and 3 pipelines serving Northeast market demand and Marcellus supply.
The US Chemical Safety Board has released its final investigation report into the October 26, 2019 hydrogen sulfide (H2S) release that fatally injured two people at the Aghorn Operating, Inc. waterflood station in Odessa, Texas.
Aramco, Siemens Energy and the World Economic Forum (WEF) have launched a co-led report on cyber resilience in the oil and gas industry.
A fire in four oil pipelines that feed the Aqaba refinery has been put out, Jordan's state news agency said on Thursday.
Chevron Corp’s first-quarter profit fell 29% from the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset sale that benefited results last year.
Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.
Nacero Inc. recently announced plans to build a $7.0 billion lower carbon gasoline manufacturing facility in west Texas. The gasoline will be made from a combination of natural gas, captured bio-methane and mitigated flare gas.
Equinor must fix a series of rule breaches exposed by a fire at its Melkoeya LNG plant in Norway last September for the plant to reopen, the country’s safety watchdog said on Thursday.
The adoption of electrification in oil-dependent sectors is accelerating and is predicted to lead to peak oil demand of 101.6 million barrels per day in 2026, according to Rystad Energy.
U.S. gasoline sales for 2021 have exceeded prior-year levels for the first time since last March, when officials first started to widely impose coronavirus lockdowns, according to a report from the Oil Price Information Service by IHS Markit.
U.S. liquefied natural gas (LNG) developer Annova LNG said on Monday that it has stopped development of its proposed LNG export plant in Brownsville in Texas.
From November 2020 through January 2021, approximately 4.4 billion cubic feet per day (Bcf/d) of new natural gas pipeline capacity entered service, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Pipeline Project...
Based on today’s policy settings, global oil demand is set to rise every year through 2026, IEA report says, but stronger policies and behavior changes could bring a peak in demand soon.
NuStar Energy plans to increase capacity of its Albuquerque Pipeline to deliver approximately 6,000 bpd of additional refined products, including gasoline, diesel and jet fuel to the region.
Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executive of Saudi Aramco told an oil and gas conference on Tuesday.
U.S. crude prices edged up to its highest close since 2019 as Texas refineries restarted production after last week’s freeze, while Brent eased on worries that four months of gains will prompt producers to boost output.
TPC Group recently announced the successful startup of the second phase of its Port Neches terminal operations as part of a three-phased start-up process to serve current and future customers and supplier needs.
According to recent EIA forecasts, U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022.
Energy Transfer LP and Enable Midstream Partners, LP have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion.
Venture Global LNG, Inc. recently announced it has closed a $500 million term loan to fund pre-FID construction activities at the company’s Plaquemines LNG export project, as well as for general corporate purposes.
Energy Transfer has created a new business unit to advance efforts to develop alternative energy projects, as the pipeline operator aims to reduce its carbon footprint.
Alaska wants to start on the first phase of the state’s liquefied natural gas (LNG) export plant and pipeline project by seeking federal funding and working with a private firm to build a natural gas pipeline from the North Slope to Fairbanks.
On Wednesday, newly inaugurated U.S. President Joe Biden announced America’s return to the international Paris Agreement to fight climate change and revoked a vital permit for TC Energy’s Keystone XL oil pipeline project from Canada.
U.S. President-elect Joe Biden’s expected move to cancel the Keystone XL pipeline prompted Canada’s main oil-producing province of Alberta on Monday to threaten to seek damages as Ottawa made efforts to save the troubled project.
The co-founder of U.S. LNG developer Tellurian said Thursday that the company is targeting this summer to begin construction of its $16.8 billion Driftwood LNG export project in Louisiana as demand for the super-cooled fuel surges worldwide.
The International Energy Agency recently announced it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050 as it further strengthens its leadership role in global clean energy transitions.
Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices.
TechnipFMC has announced the resumption of activities toward its planned separation into two independent, publicly traded companies: TechnipFMC and Technip Energies.
Double E Pipeline LLC has asked U.S. energy regulators for permission to start building a 135-mile natural gas pipeline project in Texas and New Mexico.
Howard Energy Partners (HEP) recently announced that it has executed an agreement with a subsidiary of MPLX LP to purchase the Javelina Facility (Javelina) located in Corpus Christi, Texas.
U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around 43% lower than forecast for the previous year.
Seven workers were injured in a fire on Saturday at the Magellan Midstream Partners petroleum storage tank farm in Corpus Christi, Texas, according to company and city officials.
Phillips 66 recently started up two natural gas liquids fractionators at its Sweeny Hub in Texas, quadrupling processing capacity to 400,000 barrels per day.
BP Plc notified officials in Chicago and the state of Illinois of possible layoffs affecting more than 250 salaried employees at the company’s offices, BP said in a statement.
Oil producers on Monday shut offshore production and pulled workers off platforms in the U.S. Gulf of Mexico as the 27th named storm of the season strengthened into a hurricane and took aim at the U.S. Gulf Coast.
U.S. oil producer ConocoPhillips sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the energy mix in any scenario" going forward, a senior executive said on Thursday.
Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.
Sempra Energy said it expects the Cameron liquefied natural gas (LNG) export plant in Louisiana to return to full service in six weeks after lingering power outages from Hurricane Laura have kept it shut since late August.
The closure of some U.S. oil refineries will have a net benefit to Magellan Midstream Partners LP’s refined products pipeline systems, the company’s chief executive officer said on Wednesday.
Securing talent is becoming more challenging and expensive for oil and gas companies amid the coronavirus pandemic and a growing distaste for the oil business among potential young employees.
Inspectioneering, LLC has launched a specialized recruiting and staffing firm offering workforce solutions to help companies find and secure the top Mechanical Integrity and Reliability talent needed to successfully operate their business.
API is currently seeking presentations abstracts for the 2021 Inspection and Mechanical Integrity Summit, scheduled for June 7-10, 2021 in San Antonio, TX. The deadline to submit your abstract for consideration is September 15, 2020.
Refining NZ said on Thursday it is considering shutting New Zealand’s only oil refinery and turning it into a fuel import terminal in the long run, but first will reduce its operations to cut costs and break even into 2021.
BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy
The International Pressure Equipment Integrity Association (IPEIA) is looking for presenters for its 25th Annual Conference taking place March 1 - 5, 2021 in Banff, Alberta. The deadline for abstract submission is September 12th, 2020.
Golden Pass LNG sought permission from U.S. federal energy regulators to boost the capacity of the company’s $10 billion export terminal under construction in Texas to 18.1 million tonnes per annum (MTPA) from 15.6 MTPA.
Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer.
Capital spending by the U.S. energy sector that has dropped during the coronavirus crisis could fall another 30% or more, which would have far-reaching consequences on the overall economy, the Dallas Federal Reserve Bank said on Tuesday.
API has released its 2019 Pipeline Safety Excellence Performance Report showing that liquid pipeline incidents have decreased significantly over the last 5 years, while pipeline mileage and barrels delivered have increased.
U.S. liquefied natural gas developer NextDecade Corp said on Monday it still planned to make a final investment decision (FID) in 2020 to build its proposed Rio Grande LNG export plant in Texas.
Enbridge Inc said it has reached a deal with shippers to temporarily store crude in North America’s largest oil pipeline network, according to a filing, as Canadian producers scramble to respond to weak refinery demand and low prices.
The 33rd annual Pipeline Pigging and Integrity Management (PPIM) Conference and Exhibition is now accepting papers for the 2021 event.
ABB has developed an innovative augmenting technology aimed at digitalizing the field operator experience and improving interaction between field and control room operations.
Midstream companies are taking appropriate precautions and following strict COVID-19 protocols so that midstream operations, considered critical infrastructure by the Department of Homeland Security, are not interrupted.
U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to “protect” U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.
API issued two standards, Recommended Practice (RP) 1182 and the second edition of RP 80, designed to address the safe operation of larger gathering pipelines used to transport natural gas from production sites to larger interstate pipelines.
The U.S. Supreme Court on Monday found a Citgo partnership liable for $143 million in cleanup costs from a 2004 oil spill in the Delaware River.
TC Energy Corporation recently announced that it will proceed with construction of the Keystone XL Pipeline Project, resulting in an investment of approximately US$8.0 billion into the North American economy.
Shell has announced it will not proceed with an equity interest in the proposed Lake Charles LNG project. Accordingly, Energy Transfer will take over as the project developer.
The Environmental Protection Agency is planning to waive compliance requirements and deadlines for a range of industries, including oil refiners, as it seeks to help businesses affected by the coronavirus pandemic.
The American Petroleum Institute has asked U.S. President Donald Trump for help suspending certain regulatory requirements on the oil and gas industry to ensure steady fuel supplies during the coronavirus outbreak
Pembina Pipeline Corporation has received approval from the Federal Energy Regulatory Commission for its proposed Jordan Cove LNG terminal, making it the first U.S. West Coast natural gas export facility to be approved by FERC.
The American Petroleum Institute oil and gas industry group said on Wednesday that it does not see a significant threat to the U.S. energy supply chain from the coronavirus pandemic.
Marathon Petroleum is reportedly exploring the sale of as much as $15 billion in assets of its pipeline subsidiary MPLX LP, people familiar with the matter said on Wednesday.
FERC has issued a final environmental impact statement for the proposed $43.4B Alaska LNG project, stating most adverse impacts on the environment could be lowered to less-than-significant levels by implementing the proposed mitigation measures.
Prostar Capital has announced that its newly acquired GTI Statia storage terminal will invest up to $100 million to expand and upgrade operating capacity to meet demand from new and existing customers.
Phillips 66 and Trafigura Group have formed a 50/50 joint venture, Bluewater Texas Terminal LLC, to develop an offshore deepwater port project located approximately 21 nautical miles east of the entrance to the Port of Corpus Christi.
BP announced it will be leaving 3 industry associations, including AFPM, due to misalignment on climate policies.
ExxonMobil has hired Matrix Service Inc. to build six new 500,000-barrel storage tanks, four of which will be located at ExxonMobil’s Webster Station in Webster, TX with the remaining two at its Baytown Complex in Baytown, TX.
This week, PHMSA proposed new federal pipeline safety regulations that would require the installation of remotely controlled or automatic shutoff valves on certain newly constructed natural gas and hazardous liquid pipelines.
Enterprise Products Partners LP said on Thursday it will own a 29% undivided joint interest in the Wink-to-Webster crude pipeline system and construction on the segment to Webster, Texas, is expected to be completed by the end of 2020.
Magellan Midstream Partners, L.P. recently announced an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250 million. The terminals are located in New Haven, Connecticut, Wilmington, Delaware, and Marrero, Louisiana.
Enterprise Products Partners recently brought 2 gas processing plants online in Texas - its Mentone cryogenic natural gas processing plant in Loving County and its Bulldog cryogenic natural gas processing plant in Panola County.
U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday.
Enterprise Products Partners L.P. recently announced that its isobutane dehydrogenation (“iBDH”) plant in the Mont Belvieu, Texas area recently began service, with volumes expected to continue ramping up during the next two weeks.
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2019 Fall Protection, Hazard Communication, and Scaffolding once again..
Enbridge Inc. and Enterprise Products Partners L.P. recently announced they have agreed to jointly develop and market a deep-water offshore crude oil export terminal capable of fully loading Very Large Crude Carriers.
Last week, more than 30 industry groups, including the API, called on the Trump administration to finish a regulatory overhaul that would expedite federal environmental approval for big infrastructure projects such as pipelines and road expansions.
Calumet Specialty Products Partners recently closed on the sale of its San Antonio, TX refinery and related assets, including a crude oil terminal and pipeline, to Starlight Relativity Acquisition Company for $63 million.
BP Midstream Partners LP is considering expanding its Mars crude oil pipeline to accommodate new volumes from offshore oil fields, Chief Financial Officer Craig Coburn said on Tuesday.
Harvest Midstream Company, an affiliate of Hilcorp Energy Company, recently announced the start of construction for the Ingleside Pipeline and the Harvest Midway Terminal.
The Keystone pipeline shutdown following a spill in North Dakota threatens to squeeze an already tight market for heavy crude amid limited production from Alberta, lagging output from Mexico, OPEC production cuts, and sanctions on Venezuela.
TC Energy Corp said on Wednesday that a response team contained an oil spill in Walsh County, North Dakota from its Keystone crude pipeline.
The U.S. Chemical Safety Board (CSB) said on Wednesday a fuel leak, possibly due to open valves and a running pump, set off the massive blaze at the ITC petrochemical storage facility along the Houston Ship Channel in March.
Sempra Energy has entered into a memorandum of understanding with Mitsui & Co., LTD. reflecting the parties' preliminary agreement for Mitsui's participation in LNG projects in Louisiana and Mexico.
U.S. Energy Secretary Rick Perry will step down by the end of the year, President Donald Trump said on Thursday, a day before a deadline set by congressional Democrats for Perry to turn over documents in the impeachment probe.
Flames engulfed two ethanol holding tanks on Tuesday at a NuStar Energy petrochemical storage facility near San Francisco, prompting health authorities to urge residents of two adjacent towns to remain indoors for much of the day.
Enterprise Product Partners plans to build a 450,000 bpd pipeline that connects its 6 million barrel Midland, TX storage facility to its ECHO Terminal through its Eagle Ford system in South Texas.
NextEra Energy Partners, LP has announced a definitive agreement to acquire Meade Pipeline Co LLC in a transaction valued at approximately $1.37 billion, including roughly $90 million in future capital contributions through 2022.
LyondellBasell and Enterprise Products Partners have executed long-term contracts that support construction of Enterprise’s second propane dehydrogenation (“PDH”) plant near Mont Belvieu, Texas.
Magnolia LNG has received preliminary approval from FERC to increase output at its proposed U.S. LNG plant to 8.8 million tonnes per annum (mtpa) from the currently authorized 8 mtpa.
PHMSA has transmitted three significant final rules to the Federal Register that will strengthen the safety of more than 500,000 miles of onshore gas transmission and hazardous liquid pipelines throughout the U.S.
NextDecade Corporation and Enbridge Inc. recently announced a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas.
Energy Transfer LP has entered into a definitive agreement to acquire SemGroup Corporation in a unit and cash transaction valued at approximately $5 billion.
A U.S. Gulf Coast fuel storage operator is launching its own crude processing facility to make 50,000 barrels per day (bpd) of low-sulfur fuels to comply with new environmental rules beginning in 2020, executives told Reuters on Tuesday.
Pembina Pipeline Corporation is acquiring Kinder Morgan Canada Limited in a multi-billion dollar deal.
Kinder Morgan, Inc. recently announced a series of projects, totaling over $170 million of capital investment, that will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals.
Occidental Petroleum Corporation has announced the successful completion of its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion, including the assumption of Anadarko’s debt.
U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.
The blast near Danville, Kentucky was the second so far this year on the Texas Eastern system following an explosion in Ohio in January that injured at least two people.
Federal Energy Regulatory Commission Chairman Neil Chatterjee recently announced the agency is creating a new division in its Office of Energy Projects to accommodate the growing number and complexity of LNG export facility applications.
Venture Global LNG, Inc. is proud to announce that the company’s $5.8 billion Calcasieu Pass LNG construction financing has received over $10 billion in binding commitments from Initial Coordinating Lead Arrangers.
China’s West Pacific Petrochemical Corp, or WEPEC, is set to export 900,000 barrels of gasoline to Mexico this month amid a swelling glut of the motor fuel at home, according to an industry source with direct knowledge of the matter.
The United States and China will become the world’s biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to projections by the International Energy Agency (IEA).
Air Liquide plans to invest nearly $140 million USD to build a new world-scale Air Separation Unit in Bay City, Texas, and add nearly eight miles of pipeline to its Gulf Coast Pipeline System
Overall energy consumption in the United States reached a record high in 2018, driven by increases in petroleum and natural gas consumption.
Vitol, the world’s largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships, a senior company official said on Monday.
Canada, as expected on Tuesday, approved a hotly contested proposal to expand the Trans Mountain oil pipeline it bought last year.
Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique.
Attacks on Thursday in the Gulf of Oman left two oil tankers damaged, shipping firms said, driving oil prices up due to concerns about Middle East supplies.
According to a new research report by Global Market Insights, the global non-destructive testing (NDT) services market is set to grow from its current market value of more than $3 billion to over $4.5 billion by 2025.
Phillips 66 and Bridger Pipeline LLC have formed a 50/50 joint venture to build the Liberty Pipeline, a 24-inch pipeline providing crude oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma.
Enterprise Products Partners is extending its ethylene pipeline and logistics system 90 miles further into South Texas, a leading growth area for new crackers and ethylene derivative plants.
Venture Global LNG and Stonepeak Infrastructure Partners have executed definitive agreements under which Stonepeak will exclusively provide a $1.3 billion equity investment in Venture Global’s Calcasieu Pass LNG export facility in Cameron Parish,...
Occidental's success post-Anadarko acquisition will depend on how quickly it can divest some of Anadarko’s assets and optimize and integrate the assets it keeps.
Sempra has asked FERC for a 15-month extension to complete the Cameron LNG export plant and put it into full service by September of 2020.
Cameron LNG announced Tuesday that Train 1 has started producing liquefied natural gas (LNG) at its Hackberry, La., liquefaction-export facility.
According to the report recently released by Research and Markets, the global Asset Integrity Management (AIM) services market is expected to grow at a CAGR of 8.9% over the next eight years and reach $37.92 billion by 2027.
The U.S. Department of Energy recently announced an $8 million investment in innovative approaches to enhance the reliability and resilience of the nation’s energy infrastructure.
Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013.
API has released the 2nd Edition of RP 755, the only refining and petrochemical industry guideline to improve worker safety by addressing fatigue as a risk factor.
Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year.
WorleyParsons has officially completed its US$3.2 billion acquisition of Jacobs ECR, and adopted ‘Worley’ as its new brand.
Kinder Morgan Inc’s proposed Gulf liquefied natural gas (LNG) export plant in Mississippi took a step toward receiving federal approval for construction on Wednesday after staff at the federal energy regulator prepared an environmental report.
White House economic adviser Larry Kudlow on Wednesday said the Trump administration would soon issue an executive order that would open the door for more natural gas pipelines and exports of liquefied natural gas, or LNG.
Tellurian Inc. and Total S.A. recently announced that the two companies have signed a Heads of Agreement (HOA) for Total to make a $500 million equity investment in the integrated Driftwood LNG project.
The Abu Dhabi National Oil Company recently announced it is building the world’s largest oil storage facility, with a capacity of 42 million barrels of crude oil, in the Emirate of Fujairah on the eastern coast of the United Arab Emirates.
Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters.
Sempra Energy has completed the sale of its non-utility U.S. natural gas storage facilities to an affiliate of ArcLight Capital Partners (ArcLight) for $328 million in cash
Noble Midstream and Salt Creek Midstream have closed on their JV Delaware Crossing project which will provide crude gathering and transportation services and include a 95-mile pipeline in the southern Delaware Basin.
The Golden Pass Products LLC export project at the existing Golden Pass LNG facility in Sabine Pass, Texas, is moving forward following a positive final investment decision from its owners, affiliates of Qatar Petroleum and ExxonMobil.
According to a report released this week by the EIA, the U.S. will become a net energy exporter in 2020 due to large increases in crude oil, natural gas, and natural gas plant liquids production coupled with slow growth in U.S. energy consumption.
Wind Point Partners to acquire and merge Clock Spring Company, Inc. and Neptune Research, LLC, two leading providers of high-performance repair products for global critical infrastructure. The combined business will be named ClockSpring|NRI.
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2017 Fall Protection, Hazard Communication, and Scaffolding once again...
U.S. oil major Exxon Mobil Corp has withdrawn its WCC liquefied natural gas (LNG) export terminal in Canada from the environmental assessment process, it said on Thursday, signaling that the project has been shelved.
The U.S. Energy Information Administration (EIA) projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar.
The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2018 (AEO2018), which includes its Reference case and a number of sensitivity cases. The AEO2018 Reference case shows continued development of the U.S. shale...
U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to Energy Information Administration's (EIA) latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S....
The U.S. Chemical Safety Board (CSB) has released a new 11-minute safety video and final report describing the events leading up to the October 21, 2016 toxic chemical release at the MGPI Processing plant in Atchison, Kansas. The video, titled...
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2017 Fall Protection, Hazard Communication, and Scaffolding once again...
PinnacleART is now an official Implementation Service Provider (ISP) for the aspenONE® Asset Performance Management (APM) software suite from Aspen Technology, Inc. PinnacleART will utilize aspenONE APM solutions to measure, optimize and maximize...
Three new pipeline projects in the northeast received approval from the Federal Energy Regulatory Commission (FERC) in October, the first projects to be approved since February. FERC regained its quorum in August after the Senate confirmed two new...
Acting Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs Judith G. Garber has issued Presidential permits for three NuStar Logistics, L.P. pipelines.
The U.S. Occupational Safety and Health Administration (OSHA) has issued two reports on the safe management of hazards by small businesses and storage facilities that use highly hazardous chemicals in business processes.
The U.S. Environmental Protection Agency (EPA) has settled with Wilson Oil, Inc., (doing business as Wilcox & Flegel Oil Co.) for alleged Clean Water Act spill prevention violations at its Longview Terminal facility in Longview, Washington.
The U.S. Environmental Protection Agency (EPA) and the Department of Justice today announced a settlement with Magellan Pipeline Company, L.P., for alleged violations of the Clean Water Act related to gasoline, diesel and jet fuel spills in Texas...
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) today issued a final rule entitled, "Operator Qualification, Cost Recovery, Accident and Incident Notification, and Other Pipeline Safety Changes."
Today's signing of the final rule for the safety of on-shore hazardous liquid pipelines completes one of the agency's top priority rulemakings for 2016.
The National Transportation Safety Board (NTSB) has opened an investigation into a pipeline accident in Helena, Alabama, in which one worker died and four others were seriously injured.
The Interagency Task Force on Natural Gas Storage Safety, established in the wake of last year's massive natural gas leak at California's Aliso Canyon site, has issued a new report intended to help reduce the risk of future such incidents. The...
The U.S. Department of Transportation's (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) today issued an Interim Final Rule ("IFR") to implement the agency's expanded authority to address unsafe pipeline conditions or practices...
The U.S. Chemical Safety Board’s (CSB) final report into the massive release of chemicals into this valley’s primary source of drinking water in 2014 concludes Freedom Industries failed to inspect or repair corroding tanks, and that as hazardous...
An investigative team from the U.S. Chemical Safety Board (CSB) is deploying to the scene of an incident that injured seven workers – including three critically – that occurred Friday August 12 at the Sunoco Logistics Partners, a terminal...
After its recent examination of 42 operational underground storage tank (UST) systems storing diesel fuel across the United States, the EPA found that there was a significant prevalence of corrosion inside these tanks and has made recommendations...
Enable Midstream Partners, LP, an Oklahoma-based midstream company, has commissioned its Bradley II Plant, a 200 million cubic feet per day (MMcf/d) natural gas processing plant located at Enable’s Bradley Processing Complex in Grady County,...
Tesoro Corporation, through its affiliates Tesoro Alaska Company LLC and Tesoro Alaska Terminals LLC, has acquired Flint Hills Resources' (FHR) wholesale marketing and logistics assets in Anchorage and Fairbanks, Alaska.
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) announced today that it has completed its investigation of the May 19, 2015, Plains All-American pipeline release in Santa Barbara County,...
Earlier this month, the U.S. Department of Transporation's Pipeline and Hazardous Materials Safety Administration announced proposed regulations to make critical safety improvements for hazardous liquid pipelines. The proposed regulations seek to...
The U.S. Department of Transportation's Pipeline and Hazardouse Materials Safety Administration has proposed new requirements to strengthen Federal pipeline safety regulations related to pipeline accident and incident notification. The Operator...
The US Chemical Safety Board (CSB) has released its draft investigation report into the 2009 massive explosion at the Caribbean Petroleum, or CAPECO, terminal facility near San Juan, Puerto Rico.