midstream

North America’s energy revolution is alive and well! That was the message at Pipeline & Gas Journal’s 10th annual Pipeline Opportunities Conference March 25 at the George R. Brown Convention Center in Houston. Issues covered included quality control for gas pipeline construction, the Pipeline Safety Act, prospects for infrastructure expansions to support new supply sources, the outlook for labor and employment and the benefits of working in an energy state like Texas.

As master limited partnerships (MLPs) come to dominate the midstream business, the people who helm them must understand not only the intricacies of gas and liquids extraction and transportation, but the financial methods and strategies that drive their firms’ investment and market success. One way to gain that knowledge is from a career path with plenty of unexpected turns.

Enable Midstream Partners’ crude services subsidiary has entered into a long-term agreement with XTO Energy Inc., a subsidiary of ExxonMobil Corp., for XTO’s crude oil production through a system that will be constructed in North Dakota’s Bakken Shale.

IEA Chief Economist Fatih Birol synthesized the agency’s 2013 World Energy Outlook and his own analysis to suggest that for the next 20 years, low energy costs caused by the early and plentiful development of shale gas and energy infrastructure will give the United States a large competitive advantage over other nations when it comes to attracting and developing business.

In recent months, MarkWest Energy Partners has commenced operations of seven major infrastructure projects in the Northeast, including five new cryogenic processing plants totaling 1 Bcf/d of capacity and two fractionation facilities totaling 98,000 bpd of C2+ fractionation capacity.

The U.S. and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of nearly $30 billion per year, or $641 billion (real US$2012) total over the 22-year period from 2014 to 2035, a new study found.

Just how serious the Ukraine-Russia situation is and whether it will threaten global security and stability is still unknown. However, the contribution of energy politics to the clash is well-established. It was on the minds of world energy leaders who met at the annual IHS-CERA Conference in Houston March 3-7, shortly after pro-Russian forces occupied strategic areas of Crimea.

American Midstream Partners LP completed acquisition of a 120-mile gas gathering and redelivery system in the oil window of the Eagle Ford Shale from a subsidiary of Penn Virginia Corp.

Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies - led by China and India - according to the BP Energy Outlook 2035.

Increasing oil and natural gas consumption in Asia-Pacific has made a significant contribution to the need for increased pipeline construction investment worldwide. The region is expected to surpass Europe to become a major growth gas market by 2015. Developing economies in the Asia-Pacific region, such as India and China, have been importing substantial quantities of crude oil and natural gas for domestic consumption and industrial use.

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