Adani's Carmichael Mine is Coal's Game-breaker
The world's biggest planned coal mine is once again lurching toward the finish line as India's Adani Enterprises moves ahead with a final decision on its Carmichael project in Australia. Even if Adani does approve the $4 billion thermal coal and rail project in central Queensland state, the venture is shaping up as a turning point for coal in Australia, with consequences for the industry across Asia. The first implication of the Carmichael saga is that it shows that major coal projects in Australia need subsidies from governments to be viable…
U.S. Coal Gets Boost, but it's Debbie not Trump
One of the big hopes for a revival of the U.S. coal industry since the election of President Donald Trump is increasing exports. Right on cue, it looks likely that more of the fuel will be shipped to foreign buyers. But this is a short-term boost and will benefit only a few U.S. coal miners, with the rest having to deal with domestic demand trending lower. The grim reality is that they can't compete with exports from lower cost producers around the globe. While Trump may have declared an end to what he termed the "war on coal" of his predecessor Barack Obama, the U.S.
Mumbai Port's 2nd Liquid Chemical Berth Inaugurated
Mumbai Port Trust commissioned its second Liquid Chemical Berth at Pir Pau on January 13th 2016. The facility was inaugurated by the Union Minister of Shipping, Road Transport and Highways, Nitin Gadkari. The second Chemical Berth is a modern state-of-the-art facility with four mooring dolphins, equipped with Quick Release Mooring Hooks (QRMH), two breasting dolphins having cell fenders with frontol pads for smooth berthing of chemical tankers and a service platform with…
Seattle Calls for Safeguards Amid Boom in Oil Train Shipments
Seattle officials called on Wednesday for more safeguards for crude oil trains traveling through the city in increasing numbers, warning some rail infrastructure was antiquated and could contribute to a catastrophic accident. An oil tanker accident in the city could be "a catastrophe for our community in terms of risk to life, property and environment," Seattle's Office of Emergency Management said in a report. Citing a series of devastating accidents linked to oil train derailments…
Explosion Rocks Natural Gas Processing Plant In Wyoming
An explosion on Wednesday rocked a natural gas-processing plant in Wyoming that can churn out about 2 percent of the daily U.S. gas supply, though no injuries were reported. The blast at the Williams Companies Inc plant in Opal, Wyoming, touched off a fire that was still burning several hours later, company spokeswoman Michele Swanersaid. She said all 42 employees of the evacuated plant had been accounted for and were not injured. The Lincoln County Sheriff's Department said the fire had been contained to one area of the plant.
Keystone Backers Keep Their Faith In Embattled Pipeline Plan
Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project. The reason is simple: A massive new pipeline to the U.S. Gulf Coast remains the most elegant solution for producers looking to export burgeoning supplies of crude from Canada's oil sands to the United States. TransCanada Corp's $5.4 billion pipeline would seamlessly pump enough crude from Alberta to Texas to meet 4 percent of total U.S.
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 23,000 miles of pipeline between 2014 and 2020. Over 1,100 miles of transmission pipelines relate to the transportation of Permian crude and are planned to be built by the end of 2014. These lines will…
