Posts Tagged ‘pipelines’

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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Northern Gateway approval expected to have significant impact on Canadian oil markets

The Canadian Joint Review Panel’s approval last week of the 525,000 b/d Northern Gateway pipeline, from Bruderheim, near Edmonton, to Kitimat, British Columbia could spell the end of steeply discounted Canadian heavy sour crudes. It also may reduce the urgency to build the Keystone XL Pipeline and Energy East Projects, though if projected production increases come into effect in Canada, Northern Gateway won’t be enough to handle that rise.

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At the Wellhead: New pipelines will deal with Northeast ethane glut

The US shale gas revolution is producing a lot of ethane in the Northeast that doesn’t have an obvious market. New pipeline projects are taking care of that issue, as Bridget Hunsucker discusses in this week’s Oilgram News column, At the Wellhead.

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