Photographer: Daniel Acker/Bloomberg

Kinder Morgan IDs shippers for planned natural gas pipeline

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The pipeline’s capacity is from 1.2 billion to 2.2 billion cubic feet of gas per day.
Crude Oil Caps Biggest Weekly Increase In Two Years On Libya Unrest

Crude inventories at their highest level in decades after another build

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Total crude oil inventories now stand at 444.4 million barrels, a modern-era high.
Crude Oil Caps Biggest Weekly Increase In Two Years On Libya Unrest

US running out of room to store oil; price collapse next?

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If record production in the U.S. keeps up, storage tanks could approach their operational limits, known in the industry as “tank tops,” by mid-April and send the price of crude — and probably gasoline, too — plummeting.
OIL MARKETS

Kinder Morgan to give more public info on New Hampshire pipeline plan

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In a letter sent last week to Kinder Morgan, the state’s congressional delegation asked the company to do more public outreach beyond five meetings conducted recently in communities affected by the proposal.
(Dmitry Beliakov/Bloomberg News)

Effort to seize Nebraska land for pipeline remain on hold

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The proposed pipeline still needs presidential approval before it could be built across Montana, South Dakota and Nebraska to connect with existing pipelines.
Robert Phillips, CEO of Crestwood Midstream Partners

Crestwood Equity Partners to cut jobs

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The CEO of Crestwood Equity Partners told investors Tuesday the company will ax an undisclosed number of jobs as part of a effort to save $25 million to $30 million in the first half of the year as it deals with the aftereffects of falling oil prices.
(David Paul Morris/Bloomberg)

Alternate routes proposed for Atlantic Coast Pipeline in Virginia

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Dominion Resources spokesman Jim Norvelle tells media outlets that one alternate route would cross about 10 fewer bodies of water in Augusta and Nelson counties than the current proposed route.
(Thomas Shea photo)

Enterprise Products, Anadarko, Markwest and DCP announce joint venture for NGL pipeline

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Under the terms announced, Enterprise will continue to own 55 percent of the line that connects to its processing and storage hub in Mont Belvieu, Texas.
President Barack Obama arrives at TransCanada's pipe yard in Cushing, Okla., in 2012. The southern leg of Keystone XL did not require State Department approval. (AP Photo/Pablo Martinez Monsivais, File)

Report: Most Keystone crude will stay in U.S.

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President Barack Obama has questioned the merits of the pipeline, suggesting last year that the crude carried through it would go “everywhere else” but the U.S.
(AP Photo/Hussein Malla)

Oil extends weekly loss as Libya opens pipeline

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West Texas Intermediate lost as much as 2.5 percent after falling 4.6 percent last week.