Pipelines

Auto Added by WPeMatico

Permian Gas Starts Flowing on Matterhorn Pipeline in Texas

Pipeline is moving about 0.3 bcf per day into Transco Permian has long struggled with not enough pipeline capacity Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian Basin. Matterhorn is moving about 0.3 billion cubic feet per day into Transco, an established pipeline …

Permian Gas Starts Flowing on Matterhorn Pipeline in Texas Read More »

Russia Ready to Take Nord Stream Blasts Issue to Court

By Reuters MOSCOW, Sept 28 (Reuters) – Russia is ready to take the case of the Nord Stream pipeline explosions to court if the West fails to investigate the matter, its foreign ministry said on Saturday. The multi-billion dollar Nord Stream 1 and 2 pipelines transporting gas under the Baltic Sea were ruptured by a series …

Russia Ready to Take Nord Stream Blasts Issue to Court Read More »

Houston-Area Blaze Caused by SUV Accident, Officials Say

Authorities in Deer Park say no indication of terrorism Operator Energy Transfer is letting the fire burn out By Christopher Charleston A fire on an Energy Transfer LP natural gas liquids pipeline near Houston was caused by an SUV crashing through the fence of a Walmart store and into an above-ground valve to the line, local officials said. …

Houston-Area Blaze Caused by SUV Accident, Officials Say Read More »

OPEC+ Faces a New Problem: A Texas Gas Pipeline

The new path to market for Permian Basin shale gas could could foil oil producers’ plan to curb output. By Javier Blas Now is the moment when common sense says the US shale industry should be slowing. With oil prices plunging 25% over the last year, you’d expect companies would surely react by cutting drilling. …

OPEC+ Faces a New Problem: A Texas Gas Pipeline Read More »

Permian Basin Gas Capacity to Increase with Matterhorn Pipeline Launch, EIA Says

Natural gas pipeline takeaway capacity in the Permian Basin will increase as the Matterhorn Express pipeline is expected to start operating this month, the U.S. Energy Information Administration (EIA) said on Tuesday. Matterhorn, a joint venture with Whitewater, EnLink Midstream, Devon Energy, and MPLX, will transport natural gas from the Permian Basin to Katy near …

Permian Basin Gas Capacity to Increase with Matterhorn Pipeline Launch, EIA Says Read More »

Williams to Add 4.2-bcfd of US Natgas Projects in 2024-2027, CEO Says at Barclays Conference

(Reuters) – U.S. natural gas company Williams Cos is on track to add 12 projects representing about 4.2 billion cubic feet per day (bcfd) of capacity from 2024-2027, company CEO Alan Armstrong said at the Barclays CEO Energy-Power Conference on Wednesday. The additions come after the company placed 17 projects representing about 5.0 bcfd of …

Williams to Add 4.2-bcfd of US Natgas Projects in 2024-2027, CEO Says at Barclays Conference Read More »

Targa Resources Rebuffed Takeover Interest From Larger Rival Williams

Targa viewed Williams’s overture as undervaluing company Targa’s market value now $33 billion after shares gain Targa Resources Corp. rebuffed informal takeover interest from larger rival Williams Cos. in recent months, people with knowledge of the matter said, in another signal of sustained appetite for consolidation in the pipeline industry. The Houston-based natural gas pipeline operator viewed the …

Targa Resources Rebuffed Takeover Interest From Larger Rival Williams Read More »

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 »