Pipeline contractor
FACTBOX: Deals on the Rise in US Oil and Gas Pipeline Sector
The oil and gas pipeline business has seen increased consolidation this year as U.S. production grows and new pipeline permitting problems have made existing operators more valuable.
Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
Magellan Midstream Partners' unitholders on Thursday voted in favor of its sale to larger rival ONEOK Inc. for $18.8 billion, creating one of the largest U.S. energy pipeline companies.
Pipeline Operator Enbridge Could Add 200,000 bpd to Mainline Oil Pipeline Capacity
Enbridge Inc. could add 200,000 barrels per day (bpd) of capacity to its 3 million bpd Mainline system, which ships the bulk of Canada's crude exports to the United States, a company executive said on Tuesday.
US Pipeline Regulator Awards $15 Million Grants to Improve Safety
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Wednesday awarded $14.8 million in grants for pipeline safety training and technological research.
P&GJ’s Europe 500 Report of Top Pipelines
(P&GJ) — Following is a listing of some of the longest transportation routes on the continent of Europe as of July 2023. This third such report will be broken down into two sections, gas and liquids (oil and products), which will be updated in each of our September issues going forward.
Williams CEO Not Interested in Acquisition of Utility Companies
U.S. energy firm Williams Companies is not interested in three utilities recently bought by Canada's pipeline operator Enbridge as the return rate would be too low, CEO Alan Armstrong said on Wednesday.
Pipeline Operator Enbridge Bets Big on US Gas with $14 Billion Bid for Dominion Utilities
Enbridge will buy three utilities from Dominion Energy for $14 billion including debt, the Canadian pipeline operator said on Tuesday, creating North America's largest natural gas provider and doubling its gas distribution business.
Pipeline Operator Trans Mountain Says British Columbia Fires Pose No Risk to Its Operations
Canadian oil pipeline system operator Trans Mountain said on Sunday that the British Columbia wildfires posed no risk to its pipeline operations or its expansion project.
Kinder Morgan's Tennessee Gas Pipeline Issues Force Majeure Amidst Fire Incident
Kinder Morgan unit Tennessee Gas Pipeline on Friday declared force majeure due to an explosion and fire caused by equipment failure at a compressor station near Centerville in Hickman County.
Energy Transfer Reports Lower Q2 Earnings, Weighed by Natural Gas Prices
Last week, U.S. midstream company Energy Transfer reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago.
Pipeline Operator Magellan Sees US Crude, Fuel Exports Rising
Pipeline operator Magellan Midstream Partners said on Thursday it expects exports of U.S. crude and refined products to grow on increasing global demand for U.S. energy.
Canada Guarantees Up to $2.2 Billion in Fresh Loans to Trans Mountain Expansion Project
A Canadian government agency has guaranteed fresh commercial loans of up to $2.2 billion to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.
Pipeline Operator TC Energy Plans to Complete Coastal GasLink Pipeline This Year
TC Energy's surprise plan to split the company last week accelerated a stock selloff. Still, shareholders bet the North American pipeline operator will finish the year on a higher note by completing the 670-km (416-mile) Coastal GasLink pipeline.
Pipeline Companies to Pay $12.5 Million in Penalties After Spills in Montana, North Dakota
Belle Fourche Pipeline Company and Bridger Pipeline LLC that own and operate a network of crude oil pipelines in Montana, North Dakota and Wyoming have together agreed to pay a $12.5 million civil penalty relating to oil spills.
TSA Updates Cybersecurity Requirements for Pipeline Owners, Operators
(P&GJ) — The Transportation Security Administration (TSA) announced an update to its Security Directive regarding oil and natural gas pipeline cybersecurity. This revised directive will continue the effort to reinforce cybersecurity preparedness and resilience for the nation's critical pipelines.
Kinder Morgan Misses Revenue Estimates as Gasoline, Diesel Volumes Drop
While Kinder Morgan's volumes for gasoline and diesel fell in the reported quarter compared to the previous year, its total delivery volumes rose on higher natural gas volumes.
TC Energy Urges Canada to Speed Permits for Energy Transition Projects
TC Energy has more than 20,000 kilometers (14,300 miles) of pipeline in western Canada that could be repurposed to carry carbon dioxide for sequestration underground or transport low-emissions hydrogen, CEO Francois Poirier said.
Useful Considerations for CO2, Hydrogen Pipeline Operators
(P&GJ) — When a pipeline operator becomes a “common carrier” under Texas law, it is granted the power of eminent domain over private property for public use. Texas law provides two independent sources for common carrier status: Texas Natural Resources Code Section 111 and Texas Business Organizations Code Section 2.105. Common carrier status is critical to pipeline projects in Texas, especially when easements are difficult to obtain.
Pipeline Operator Kinder Morgan to Increase Texas Gas Storage Capacity by 6 Bcf
U.S. pipeline operator Kinder Morgan Inc. said on Wednesday it plans to expand the working gas storage capacity at its Markham facility in Matagorda County, Texas, by 6 billion cubic feet (Bcf).
Pipeline Operator Enbridge’s Board Rejects Resolution to Fully Report Indirect Emissions
Shareholders of North American pipeline operator Enbridge Inc. rejected on Wednesday a small investor's resolution to ask the company to annually report all the indirect greenhouse gas emissions of the oil and gas it handles.
Pipeline Operator TC Energy Beats Profit Estimates, Eyes Asset Sales to Fund Coastal GasLink Project
Canada's TC Energy Corp. beat analysts' estimates for first-quarter profit on Friday and said it was actively looking to sell $3.67 billion worth of assets this year to reduce debts and fund other projects, such as the Coastal GasLink pipeline in British Columbia that has seen major cost over-runs.
First Nations: Canada’s New Infrastructure Power Brokers
(P&GJ) — After decades of largely contentious relations between Indigenous groups and energy infrastructure developers, Canada’s First Nations are beginning to embrace the economic opportunities that pipeline and export projects can offer – a trend that could make it easier to approve and complete future projects.
Pipe Layers for Every Application in the Oil And Gas Industry
A basic premise for today’s pipeline projects is that the ever increasing size of pipe diameters can be reliably installed with as few devices as possible. Liebherr steps up to this challenge with pipe layers that are available in a range of load classes and appropriate boom lengths. (Sponsored Content from Liebherr)
Gazprom Says Sanctions Still Hamper Nord Stream 1 Pipeline Maintenance
Russian natural gas giant Gazprom said on Monday that sanctions were still hampering maintenance of the Nord Stream 1 gas pipeline, a strong signal that energy supplies to Europe remain at risk unless the West eases sanctions imposed over Ukraine.
Contractors: Western Canada to Boost Drilling to Pre-Pandemic Levels
Western Canadian oil and gas producers will drill 27% more wells in 2022 than the previous year, returning to pre-pandemic levels as prices rebound and pipeline projects advance, the Canadian Association of Energy Contractors (CAOEC) said.
Oil Refineries Shut as Texas Energy Industry Reels from Deep Freeze
A deep freeze across Texas took a toll on the energy industry in the largest U.S. crude-producing state, shutting oil refineries and forcing restrictions from natural gas pipeline operators.
TC Energy Cutting Jobs after Biden Revoked Keystone Permit
TC Energy Corp will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project's presidential permit.
TC Energy Launches Open Season to Add 80,000 bpd to Keystone Pipeline System
TC Energy is soliciting binding commitments for crude oil transportation services on the Keystone Pipeline System from Hardisty, Alberta to Patoka, Illinois, to add up to 80,000 barrels per day of capacity to the system.
Croatia Kicks Off LNG Terminal in North Adriatic
Croatia's LNG terminal on the northern Adriatic island of Krk began operations amid the first delivery of gas, said the company which runs the unit.
Register for the Virtual Pipeline Opportunities Conference-EMEA
The POC-EMEA virtual conference is free to attend and will feature live and recorded sessions, allowing you the ability to tune in where you are, at a time that is convenient.
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment
- 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
