Posts Tagged ‘pipelines’

Canadian oil producers need to learn lessons from Keystone XL saga: New Frontiers

Canada is pursuing projects that will have a major impact not only on national production, but on the North American oil landscape as a whole, as Ashok Dutta explains in New Frontiers, this week’s Oilgram News column.

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The hearty, hardy gas production of the US

It seems like only yesterday that big winter storms or other extreme weather events could curtail or shut natural gas production in the US. A winter storm and freezing temperatures in the Northeast or in the Southeast would prompt freeze-offs or shut-ins along pipelines. But perhaps no longer.

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Gazprom and Europe: the end of the road

Relations between Gazprom and the European Commission have sunk to an all-time low over the past year as Ukraine breaks up and the civilian and military death toll in the east rises.

Gazprom is too closely related to the government – and the president Vladimir Putin in particular – for it to be seen as a gas production, transport and supply company just like any other. Gazprom inevitably takes some of the heat for the activities in the Kremlin.

The EC has already imposed sanctions on Russian companies. But if an outright ban on Russian gas is too damaging for its own end-users, the EC can also employ other means – directives, anti-trust probes, exemption clauses and all the other weapons in its armoury – to limit Russia’s ability to profit from Europe.

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How the Keystone XL pipeline became a steel standoff between neighbors

In North America, 2015 has started with a curious amalgam of steel and oil news, both involving business between the US and Canada.

The most well-known story is the saga of the Keystone XL pipeline. What has been a long-running oil story has become a steel story as well, compliments of a former American comedian.

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Who is scalping a ticket to the US gasoline trade? It’s all legal, and for some it’s all good

The old saying goes that if you like my offer that is too good to be true, I’ve got a piece of the Brooklyn Bridge I can sell you, too.

Hey, at least that offer is for something you can touch.

A recently established trade in the US gasoline markets has market players spending thousands on something they cannot smell, taste, put their hands on or really even see.

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

(Note: a link to Jose Andres’ full speech can be found here.)

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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