Archive for 'Pipeline'

Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago. Pipeline operators are looking to increase capacity on existing lines to meet the increased output. A plan by Enterprise Products Partners, LP to start up a new Midland to Sealy, Texas, pipeline is expected to begin service in the fourth quarter, but its full capacity of 450,000 barrels a day would only be available in ...

Kinder Morgan announced an open season for its proposed Gulf Coast Express Pipeline project, intended as another key link between the prolific Permian Basin and Texas Gulf Coast markets. The company said in a statement that it will source natural gas from multiple Permian locations, including existing points along the Kinder Morgan Texas Pipeline LLC and El Paso Natural Gas systems as well as a proposed interconnection with the Trans-Pecos Pipeline, and additional interconnections to both intrastate and interstate ...

A trio of companies hope to build a 730-mile-long crude oil and condensate pipeline from West Texas to Corpus Christi. The so-called Epic pipeline would have a maximum capacity of 440,000 barrels per day of crude oil and condensates, a form of ultralight crude oil. The pipeline would take crude from points in Orla, Pecos, Crane and Midland in West Texas

The Canadian pipeline company Enbridge said that it close its acquisition of Houston-based Spectra Energy next week after clearing all regulatory hurdles. Enbridge said it received approval of Canadian Competition Bureau and will complete the $28 billion merger Monday. The merger was earlier approved the Federal Trade Commission in the United States. In the merged company, Enbridge Chief Executive Al Monaco will remain in the CEO role, while Spectra CEO will become chairman of the new Enbridge. ...

Plains All American Pipeline and Noble Midstream Partners have formed a 50/50 joint venture (JV) to acquire Advantage Pipeline which owns a 70-mile, 16-inch crude oil pipeline located in the southern Delaware Basin. The JV will acquire Advantage for $133 million. The acquisition is subject to regulatory approvals. The Advantage Pipeline has a capacity of 150,000 barrels per day originating in eastern Reeves County, Texas running through Pecos and Ward Counties, to Crane County, Texas. The Advantage Pipeline ...

Iran will begin exporting natural gas through a pipeline to Oman by 2020 after re-routing subsea path to avoid waters controlled by United Arab Emirates, Iranian officials said. The Persian country is looking to establish LNG supply routes to Europe and Asia through Oman as it races towards re-building and developing infrastructure for its huge oil and gas reserves after years of trade sanctions were lifted a year ago. Oman and Iran agreed on a 25-year gas supply ...

Pakistan will begin working this month on the protracted $10 billion Tapi gas pipeline project stretching over four Asian countries as the operating consortium awarded the project management consultant (PMC) contract to German firm ILF. The consultant is ready to conduct route survey, detailed engineering and feasibility study this month for the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline, Pakistani newspapers reported.

President Donald Trump will sign orders Tuesday to advance the construction of the Keystone XL and Dakota Access oil pipelines, a pair of projects that were blocked by the Obama administration due in part to environmental concerns. Trump is to sign the orders Tuesday, according to a person with knowledge of the decision. The move is expected to be cheered by Republicans and some union groups who backed the projects. Former President Barack Obama stopped the proposed Keystone ...