Pipelines

Auto Added by WPeMatico

Argus Launches Three Price Quotes for Trans Mountain Oil Pipeline Exports

Oil pricing agency Argus launched on Wednesday three daily price quotes for crude exported from western Canada’s newly expanded Trans Mountain (TMX) pipeline amid rising demand for the oil from Asia.   The agency will assess prices of crude loaded from the TMX pipeline onto Aframax-sized tankers capable of carrying 80,000 metric tons (584,000 barrels) …

Argus Launches Three Price Quotes for Trans Mountain Oil Pipeline Exports Read More »

Canada’s Trans Mountain Oil Pipeline Expansion Pushes Rivals to Cut Rates, For Now

Summary Enbridge cuts tariffs by 11% on Mainline system for September Pipelines to ship alternative grades to offset loss of Canadian supply Canadian output expected to grow, filling excess pipeline space HOUSTON, Sept 3 (Reuters) – Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of …

Canada’s Trans Mountain Oil Pipeline Expansion Pushes Rivals to Cut Rates, For Now Read More »

U.S. Pipeline Operator ONEOK Inks Two Deals for $5.9 Billion

Deals expand ONEOK’s presence in the prolific Permian Basin It’s the latest in a spate of takeovers in the pipeline sector US pipeline operator ONEOK Inc. agreed to buy a Permian Basin rival and a controlling stake in another company in two transactions valued at a combined $5.9 billion. ONEOK will acquire Global Infrastructure Partners’ …

U.S. Pipeline Operator ONEOK Inks Two Deals for $5.9 Billion Read More »

Shell Plans to Shut-in Different Portions of Zydeco Pipeline

(Reuters) – Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24. The Zydeco pipeline system, which spans over 350 miles and has a mainline capacity of about 375,000 barrels per day, has four segment and ships crude …

Shell Plans to Shut-in Different Portions of Zydeco Pipeline Read More »

Trans Mountain Names Maki New CEO Before Government Sale

He will replace Dawn Farrell, who recently was appointed as Trans Mountain’s board chair, effective Sept. 1 Bloomberg News Trans Mountain Corp., the government-owned company operating Canada’s newest major oil pipeline, named Chief Financial and Strategy Officer Mark Maki as its next chief executive as it prepares for a sale to private owners. Maki will replace …

Trans Mountain Names Maki New CEO Before Government Sale Read More »

Russia Complains to Germany over Nord Stream Sabotage Probe

(Reuters) – Russia has complained to Germany over its investigation into the 2022 explosions that ruptured the Nord Stream gas pipelines, the RIA state news agency reported on Monday, after a key suspect escaped arrest in Poland. German media reported last week that German prosecutors had identified a Ukrainian diving instructor as a suspect in the Nord …

Russia Complains to Germany over Nord Stream Sabotage Probe Read More »

TC Energy Completes Sale of Portland Natural Gas Transmission System

CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.14 billion to a BlackRock fund and investment funds managed by Morgan Stanley Infrastructure Partners. The partner, Northern New England Investment …

TC Energy Completes Sale of Portland Natural Gas Transmission System Read More »

Williams to Resume Louisiana Natgas Pipeline Project, Ending Feud with Energy Transfer

Williams Cos got the green light to continue building its Louisiana Energy Gateway project (LEG) on Wednesday, a natural gas pipeline, after a court threw out rival company, Energy Transfer’s last bid to halt its construction. The two companies have been in dispute over Williams’ LEG project, under construction in Texas and Louisiana, after Energy …

Williams to Resume Louisiana Natgas Pipeline Project, Ending Feud with Energy Transfer Read More »

Williams Can Cross Path of Energy Transfer Gas Pipeline, Court Rules

Ruling is latest in battle concerning Louisiana Energy Gateway Energy Transfer owns key stretch of lines in Texas, Louisiana Energy Transfer LP can’t stop Williams Cos. from building a natural gas pipeline across the path of the company’s own conduit in Louisiana, a district court in the state ruled. The by the 42nd Judicial District Court of DeSoto Parish …

Williams Can Cross Path of Energy Transfer Gas Pipeline, Court Rules Read More »

Canada’s Trans Mountain Oil Pipeline Just Shy of Target for First-Month Loadings

(Reuters) – About 20 ships loaded crude oil on Canada’s West Coast in the first full month of operation on the newly expanded Trans Mountain pipeline, according to vessel-tracking data on Sunday, slightly below the operator’s forecast. Loadings from the pipeline expansion are closely watched because the Canadian government wants to sell the $24.84 billion …

Canada’s Trans Mountain Oil Pipeline Just Shy of Target for First-Month Loadings Read More »