Storage
Traders Race for Storage as Oil Price Plunges
Oil traders are racing to buy up storage as oil prices plummet amid the Saudi/Russian price war.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy Inc. said it has approved the construction of one million barrels of new tankage at its Hardisty Terminal.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy approved the construction of 1 million barrels of new tankage at its Hardisty Terminal.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy Inc. said it has approved the construction of one million barrels of new tankage at its Hardisty Terminal.
Pipeline Operators: Germany's Winter Gas Supplies Secure
Germany will have enough natural gas this winter, despite restrictions on transit routes Opal and TENP 1, as storage levels are close to 100%, pipeline operators' group FNB said on Monday.
Officials Study Fire at California Storage Site after Quake
Officials are trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at an ethanol storage facility in the San Francisco Bay Area that started a fire and kept thousands of people in their homes for hours because of potentially unhealthy air.
New Pipelines, Hurricane Drive WTI Inventories Down, Prices Up
U.S. oil futures rose 1.7% on Thursday, lifted by a deep draw on U.S. crude inventories, especially at the benchmark's delivery hub due to increased demand with the start-up of two new West Texas pipelines.
Energy Department Offering Grants for Pipeline Projects
The Department of Energy will award $24 million in grants for the development of tools, methods and technologies to cost-effectively enhance the safety and efficiency of the nation’s natural gas production, gathering, storage, and transmission infrastructure. Grants will be as much as $3 million but no lower than $1 million.
Canadian Oil Pipeline Congestion Sets up Lucrative Storage Play
As Canadian oil production has outpaced pipeline takeaway capacity, demand for storage in the oil sands province of Alberta has increased.
NW Natural Completes North Mist Expansion Project
NW Natural has completed its North Mist Expansion Project and begun providing no-notice storage to Portland General Electric’s Port Westward plants to balance renewable power on the grid.
New Concho-Frontier JV to Construct Midland Basin Gathering System
Concho Resources and Frontier Midstream Solutions IV have agreed to form a 50-50 joint venture, Beta Crude Connector, LLC (BCC), to build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.
Storage Tanks Explode at Venezuela Heavy Oil Project
Two storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a legislator.
Lithuania to Ask Belarus to Switch Nuclear Plant to Gas
Lithuanian Prime Minister Saulius Skvernelis will ask Belarus to convert its Russian-built nuclear power plant to gas provided by Lithuania’s liquefied natural gas (LNG) terminal and a planned gas link between Lithuania and Poland.
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.
SoCalGas Asks Customers to Reduce Use, Cites Limits on Pipelines
Southern California’s gas utility extended its request for consumers to reduce natural gas use through the weekend, to avoid straining the system as cold weather lingers over the area.
Gas Remains Key to UK Energy
Gas is a key element of the U.K.’s energy mix, but the closure of Centrica’s Rough long-term storage facility last year reduced U.K. gas storage to only 14 days of capacity, compared with 87 in France, 69 in Germany and 59 in Italy.
Improving Methane Emissions from Natural Gas Transmission, Storage
Interstate natural gas transmission companies are committed to minimizing methane emissions. This article explains methane emission sources for the transmission and storage sector and the basis for emissions commitments that INGAA members have voluntarily adopted.
NuStar Energy Agrees to Sell Its European Operations to Inter Pipeline
NuStar Energy agreed to sell its European terminals and related assets to Inter Pipeline’s European storage subsidiary, Inter Terminals, for $270 million.
Evacuation Lifted after California Gas Pipeline Scare
Emergency crews extinguished a fire burning dangerously close to a Chevron underground natural gas pipeline Thursday and lifted an evacuation order that had forced some 4,000 residents from their homes the night before.
Evacuation Ordered Near Chevron Gas Storage Fire
A fire that ignited in an underground natural gas storage area in the San Francisco Bay Area prompted the evacuation of thousands of residents, as Chevron emergency crews worked Thursday to purge gas from a pipeline and prevent an explosion, officials said.
Firefighters Sue SoCal Gas over Aliso Canyon Leak
Firefighters who worked in and around the site of a massive natural gas leak have sued Southern California Gas Co., alleging the utility knowingly let them be exposed to dangerous levels of toxic chemicals.
Open Season Launched for Plantation Pipeline Expansion
Kinder Morgan today started an binding open season to solicit commitments for the Roanoke Expansion project on the Plantation Pipe Line System.
Lotus Midstream to Acquire Centurion Pipeline
Crude oil logistics provider Lotus Midstream entered into a definitive agreement to acquire the Centurion pipeline system and a Southeast New Mexico crude oil gathering system from Occidental Petroleum. The transaction is expected to close later in the third quarter of 2018, subject to customary closing conditions.
SoCalGas: Aliso Canyon Leak Costs Exceed $1 Billion
SoCalGas raised the estimated cost for the massive leak at its 2015-2016 Aliso Canyon natural gas storage facility in Los Angeles to $1.014 billion, warning the "estimate may rise significantly" due to pending lawsuits, possible fines and other costs.
Seaway Crude Pipeline Loads First VLCC at Texas Marine Terminal
Seaway Crude Pipeline, which owns a pipeline system that transports crude oil from Cushing to the Gulf Coast and a Gulf Coast distribution network, loaded its first very large crude carrier (VLCC) at the company’s marine terminal in Texas City.
Howard Energy Partners Completes Corpus Christi Liquids Terminal
Howard Energy Partners has commenced commercial operations at a new bulk liquid terminal facility in the Port of Corpus Christi.
‘New World Order’ Re-shaping Natural Gas Storage
As the International Energy Agency (IEA) observed in June, dramatic changes are underway in the world’s natural gas trade. Thanks to shifting demand patterns, suppliers of liquefied natural gas (LNG) from producing countries such as the U.S. and Australia increasingly will need to look for new homes..
Quake Near Oklahoma Oil Hub Causes Substantial Damage
CUSHING, Okla. (AP) — A magnitude 5.0 earthquake centered near one of the world’s key oil hubs brought down building facades and shattered windows in a central Oklahoma city, rendering century-old buildings unsafe and raising concerns about key infrastructure. As the sun rose Monday, television new..
Martin Midstream to Sell Corpus Christi Terminal Assets
NuStar Logistics to acquire Martin Midstream's pipeline assets in Corpus Christi.
EQT Midstream Acquires Transmission, Storage and Gathering Assets
EQT Midstream Partners acquired the Allegheny Valley Connector (AVC) transmission and storage system, along with several Marcellus gathering systems from EQT Corporation for $275 million in cash, effective Oct. 1. The assets include 209 miles of transmission pipeline and 11 Bcf of working gas storag..
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- Equitrans to Begin Construction on Ohio Valley Connector Expansion Project
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
