Pipelines

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Energy Transfer, Williams Trade Barbs as Gas Pipeline Spat Heats Up

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines, US News / By

ET executive calls anticompetitive claims ‘unfounded,’ ‘false’ Williams pushes back Louisiana project to 2025 amid dispute There’s no love lost between Energy Transfer LP and Williams Cos. The two pipeline giants hurled accusations at each other Wednesday and gave details of an ongoing court battle over building natural gas projects in Louisiana. Energy Transfer has been accused of …

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U.S. Appeals Court Rejects Renewed Challenge to Mountain Valley Pipeline

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A federal appeals court has for the second time rejected a challenge by property owners to the Mountain Valley Pipeline’s use of eminent domain, finding that a federal law bars the case despite a recent U.S. Supreme Court ruling that made it easier to sue federal agencies. In a unanimous, unsigned opinion on Tuesday, a …

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Energy M&A Boom Is Just Getting Started, Enbridge CEO Ebel Says

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Pipelines / By

The surge in energy industry mergers and acquisitions — marked by a series of megadeals among oil producers last year — is set to ramp up further in 2024 as interest rates decline, Enbridge Inc. Chief Executive Officer Greg Ebel said. “As interest rates start to peak and perhaps come down — who knows exactly when that’s going to …

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Oil Pipeline Owner Plains Searches for Deals as Shale M&A Heats Up

Energy Topics & Technology, Latest, Mergers and Acquisitions, Pipelines / By

Pipeline operator Plains All American Pipeline LP is looking to make more deals as merger and acquisition activity heats up across the oil and gas industry. “We’re hopeful that we’ll be successful on some bolt-on acquisitions,” Chief Financial Officer Al Swanson said on a quarterly earnings call Friday. Small acquisitions of Permian Basin crude gathering lines have helped boost …

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Enbridge Misses Fourth-Quarter Profit Estimates on Lower Mainline Tolls

Energy Topics & Technology, Latest, Pipelines, US News / By

(Reuters) – Pipeline operator Enbridge  missed fourth-quarter profit estimates on Friday, hurt by lower tolls related to its Mainline crude pipeline system and a decrease in earnings from the company’s gas segment. Enbridge reached a toll agreement for Mainline with oil shippers last year, which was lower than the previous one, after scrapping earlier plans for …

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Enbridge Appeals to Vacate an Order That Would Shut Down its Pipeline

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MADISON, Wis. (AP) — An attorney for the energy company Enbridge tried to persuade a federal appellate court Thursday to vacate an order that would shut down part of a pipeline running through a Wisconsin tribal reservation. The company contends that U.S. District Judge William Conley improperly ordered Enbridge to shut down a 12 mile (19 km) …

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NORD STREAM: What’s Known About the Mystery Pipeline Explosions?

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines / By

STOCKHOLM, Feb 7 (Reuters) – Sweden announced on Wednesday that it had dropped its investigation into the explosions in 2022 on Nord Stream pipelines carrying Russian gas to Germany and had handed evidence it had uncovered over to German investigators. Here is what we know so far about the blasts, which destroyed three out of four pipelines, …

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Sweden Ends Nord Stream Sabotage Probe, Hands Evidence to Germany

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Sweden ends Nord Stream sabotage probe, hands evidence to Germany Summary Sweden says no evidence its citizens involved in blasts Plans to hand information it has gathered over to Germany Russia says it is watching to see what Germany does STOCKHOLM, Feb 7 (Reuters) – Sweden on Wednesday dropped its investigation into the explosions in …

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Trudeau Faces Daunting Path to Sale of Canada’s $26 Billion Trans Mountain Pipeline

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines / By

Plan to give Trans Mountain stake to Indigenous groups stalled Oil companies object to tolls; analysts question valuation Justin Trudeau has promised one of the largest government-led asset sales in Canadian history by divesting the Trans Mountain pipeline, a huge conduit that moves crude from the province of Alberta to the west coast. But the government faces …

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Phillips 66 Shuts Section of Oklahoma Panhandle Pipeline After Fire

Energy Topics & Technology, Latest, Pipelines, US News / By

Reuters (Reuters) – Phillips 66  said it has shut a section of a natural gas pipeline it operates in the Oklahoma Panhandle after fire and rupture that occurred on Tuesday morning. The company said it is responding to the rupture and fire, while it has not yet determined the cause of the incident. “There have …

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