Posts Tagged ‘pipelines’

LPG: to one speaker, not just a fuel, but a moral necessity

The oil industry has often heard itself being criticized from within for not being bolder in sending a broadly positive message about what it does. Hydrocarbons make modern life possible; without them, we’re back to the mid-1800’s. And we should be telling the world that, pushing back against the naysayers. That’s the gist of the criticism.

That wasn’t on display at the World LP Gas Forum in Miami this week, where I was asked to moderate a panel of LPG experts entitled “Mind the Gap.” The gap in this question is the growing surge of LPG supply and the very real question of how it is going to get consumed.

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The Oil Big Five: Finding a footing when the crude landscape is shifting

Now that the global crude oil markets are in the middle of a sort of upheaval, it seems increasingly harder to have clear thoughts or emotions about what the future holds. There are so many nuances to the slowly emerging new order that it can be difficult to find underlying issues (something we strive to do every month with this feature) or take a firm stand on how you think things will shake out in the future (see our No. 2 pick).

In the October version of The Oil Big Five, we have some officials trying to establish their region’s role in the future, even as everything is uncertain. We also have price movements and crude movements, and we’re hoping this all moves you to leave us a comment. Leave us your thoughts below. What do you think of these topics, and what did we leave off that’s a big issue to you? Or share your ideas on Twitter with the hashtag #oilbig5. Read what our oil editors and analysts nominated as the top issues for the moment, and we look forward to featuring your comments next week.

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Privatization of key UK jet fuel pipeline could bring cash to expand capacity

It’s not every day an asset of strategic importance to the UK’s oil infrastructure is put on the market.

Even less frequently will that asset come with a portfolio of clients including the UK Ministry of Defence, the US Air Force, oil majors and one of the largest international trading houses.

The sale of the Government Pipeline and Storage System, which supplies London’s Heathrow airport with aviation fuel, offers one such opportunity. Read the rest of this entry »

Home (and oil) on the range

A few miles east of Texas State Highway 19, a conspicuous circle of valves, gauges and metal tanks sits in the middle of lush, green farm land. This property, owned by one family for almost two centuries, has become one of the latest stakes claimed by an industry that has already found great success with similar sites across Texas.

Behind the wheel of a bright red truck, on the way to town to see her grandchildren, Susan, the landowner, smiles and shakes her head.

“They say we live on an oil field,” she says. “I say we live on a ranch.”

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Energy politics can be tough on Massachusetts politicians

Practicing politics in Massachusetts must be like steering a ship toward a safe harbor while running away from a hurricane. Certainly Massachusetts Governor Deval Patrick, who is being battered by environmentalists, must feel that way.

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At the Wellhead: Eastern Canada’s fast-changing natural gas landscape

The Marcellus may be in the US, but it is having significant impacts north of the border as well. In this week’s Oilgram News column At the Wellhead, Ashok Dutta takes a look at these shifts.

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Map: Iraq’s Oil & Gas Infrastructure

In January, Iraq  found itself once more  beset by a wave of insurgency, as Sunni extremists took hold of large areas of Ramadi and all of Fallujah, the two main cities in Anbar province. Given its strategic importance to global oil supply, our Design and Production team have put together this map detailing the complex web of Iraq’s oil and gas infrastructure.

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The circle of Gulf Coast crude oil

The January 22 start-up of TransCanada’s  Gulf Coast Pipeline Project — originally the southern tail of the delayed Keystone XL pipeline — could not have come at a better time for the refining hub on the US Gulf Coast.

Dwindling production from Mexico and increasing domestic growth has flooded PADD III with light crudes while slowing some imports of heavy crudes, a disadvantage for the most complex refineries in the world.

Crude inputted into PADD III refineries was averaging an API gravity of 29.9 in 2013, according to the most recent data from the Energy Information Administration. That is a big difference between USGC-produced crudes such as Louisiana Light Sweet (34-41 API) and Eagle Ford (46 API).

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The iceman cometh again: winter isn’t over for US natural gas markets

After the wallop of the polar vortex earlier this month that sent US gas demand and US Northeast gas prices soaring to all-time highs, one would think that the worst is over, no?

That would be a negative.

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At the Wellhead: “Local” pipelines an opportunity as oil output grows in North Dakota

There’s been so much focus on getting crude out of North Dakota that another opportunity hasn’t gotten as much attention: gathering and other midstream systems. Bridget Hunsucker looks at the landscape for those investment opportunities in this week’s Oilgram News column, At the Wellhead.

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