US Oil Production Up, Needs More Pipelines
The rising domestic crude oil production in the United States has created a need for more pipeline capacity, revealed the US Energy Information Administration (EIA).EIA recently launched a new liquids pipeline projects database that tracks more than 200 crude oil…
Enbridge, Spectra Energy to Settle Charges Merger Would Harm Competition
Energy infrastructure firms Enbridge Inc and Spectra Energy Corp have agreed to settle charges their merger would hurt competition in the market for gas pipeline transportation in three areas off the Louisiana coast, the Federal Trade Commission said on Thursday.
Genel Energy Finalises Miran, Bina Bawi Field Documentation
Genel Energy plc has finalised documentation of previously agreed terms of Amended and Restated Production Sharing Contracts ('PSC's) and Gas Lifting Agreements ('GLA's) for both the Miran and Bina Bawi gas fields. The Amended…
Kinder Morgan's TGP for Lowering Energy Cost
Kinder Morgan, Inc. The Massachusetts DPU order finding that it has the authority to approve contracts entered into by electric distribution companies (EDCs) to secure dedicated natural gas pipeline transportation capacity…
IndianOil Orders 2 LNG Tanks from MHI
Mitsubishi Heavy Industries, Ltd. (MHI) has received an EPC (engineering, procurement and construction) order from Indian Oil Corporation Ltd. (IOL), India's largest oil company, to construct two LNG (liquefied natural gas) storage tanks.
Indian Oil Corporation to set LNG Terminal
Indian Oil Corporation (IOC), the country’s largest refiner and fuel retailer, is all set to invest around Rs 45,000 crore ($7.5 billion) over three years to build petrochemicals plants and LNG terminal. IOC is the largest…
Statoil Submitting Johan Sverdrup Development Plan
Statoil and its partners will today submit the plan for development and operation (PDO) for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. The PDO will be handed over from Statoil’s chief executive…
The Shale-driven Pipeline Future
Production from U.S. shale plays is expected to continue growing for the next few years, driving stable investment in pipeline infrastructure. The latest edition of the DW North American Pipeline Database identifies $22 billion in expenditure for the construction of over 23…
