Category: Pipelines

Sandell wants Spectra to exchange DCP for Phillips stake

Activist investor Sandell Asset Management Corp. urged Spectra Energy Corp. to consider swapping its half of DCP Midstream LLC for units of a pipeline partnership controlled by Phillips 66, arguing it would raise shareholder value.  More »

Environmentalists criticize pipeline regulators’ spending

Environmentalists are using government data to argue that pipeline regulators spend more time and money connecting with industry groups than they do actually inspecting problems.  More »

Florida regulators give ok to pipeline plan

State regulators are signing off on a plan by Florida’s largest electric company to invest in a new 600-mile natural gas pipeline.  More »

Plains All American raises PAA natural gas bid to $2B

Plains All American Pipeline LP agreed to buy all the shares of PAA Natural Gas Storage LP it didn’t previously own after raising its offer 1.5 percent, in a deal that values the company at $2 billion.  More »

Crestwood buys in to midstream demand

Houston-based Crestwood Midstream Partners has been expanding its assets through acquisitions to capitalize on new demand for moving oil and gas and CEO Robert Phillips says he’s ready to tap the market again.  More »

New crude transport rules to boost rail costs

Regulators in Canada and the U.S. imposed emergency requirements and may seek stiffer rules after a runaway train carrying crude derailed and exploded on July 6 in Lac-Megantic, Quebec, killing 47 people.  More »

Officials investigate leak in Alberta pipeline

TransCanada had a rupture on its NOVA gas transmission line.  More »

Pipelines are safer than trains and trucks, report says

When it comes to transporting oil, pipelines are the safest option, trumping trains and trucks, according to a new report from Canada’s Fraser Institute.  More »

North Dakota wants answers on Tesoro’s ruptured pipeline inspections

North Dakota officials are trying to determine if Tesoro Corp. knew about potential problems — including one deemed “serious” in documents obtained by The Associated Press — with a pipeline that leaked more than 20,000 barrels of crude oil in a wheat field in the northwestern part of the state.  More »

Kinder Morgan earnings jump as pipeline network grows

Kinder Morgan Energy Partners reported a 70 percent jump in net income as it continues to benefit from its expanded pipeline network moving U.S. oil and natural gas, the company said Wednesday.  More »

Experts question North Dakota oil spill estimates

Scientists who helped calculate oil spilled from a broken BP well into the Gulf of Mexico are questioning the methodology used to estimate the amount of crude that recently leaked from a ruptured pipeline into a wheat field in northwestern North Dakota.  More »

Independent lab to study faulty Tesoro pipeline

Tesoro Corp. says part of a broken pipeline that leaked 20,600 barrels of crude oil in a wheat field in northwestern North Dakota will be sent to an independent lab for testing.  More »

Pipeline has secured land deals in nine Kentucky counties

Williams Co., planning to build a natural gas pipeline in Kentucky, says it has secured land-use deals in parts of nine counties along the pipeline’s proposed path.  More »

WellAware technology remotely monitors Eagle Ford wells, pipelines

WellAware has created software that lets customers track wells, pipelines and other oil field equipment by smart phones, iPads and computers, as well as control oil and gas production remotely.  More »

N. Dakota waits 11 days to tell public about oil spill

When a pipeline rupture sent more than 20,000 barrels of crude spewing across a North Dakota wheat field, it took nearly two weeks for officials to tell the public about it.  More »