Category: Pipelines

Russian steel pipe company names new North America CEO

TMK Group, Russia’s largest producer and exporter of steel pipe, has a new North America CEO, the company said in a news release.  More »

Oil pipeline foes celebrate barn in project’s path

Opponents of the Keystone XL oil pipeline celebrated the completion of a barn built in the project’s expected path on Sunday while U.S. officials continue to weigh whether to approve the pipeline.  More »

Money flowing to build pipelines

Pipeline operators have been roaring into public markets in search of badly needed capital, diving into an untapped money pool as the country grapples with a lack of energy transportation infrastructure.  More »

Kinder Morgan stock rebounds after analyst criticizes maintenance spending

Richard Kinder, the company’s chairman and chief executive, swung hard in defense of the pipeline operator’s spending policies during an hour-long investor call this week, laying out arguments against a 26-year-old analysts’ claims and saying investors should trust in his 33 years of experience in the pipeline business and his management team’s 100 years.  More »

Valero forming MLP for logistics assets

A Valero subsidiary, Valero Energy Partners LP, filed a document with regulators Thursday to raise as much as $345 million through an initial public offering. The number of shares to be issued and their price wasn’t announced.  More »

Plains Pipeline, Enterprise to spend $120M expanding Eagle Ford venture

Plains All American Pipeline and Enterprise Products Partners said today they will expand their Eagle Ford Joint Venture crude oil pipeline.  More »

Neb. pipeline supporters traveling to Washington

Two supporters of the Keystone XL pipeline in Nebraska are traveling to Washington to testify before a House subcommittee.  More »

Railroads look past US oil-move costs helping pipelines

As 57,000 miles of U.S. crude pipelines threaten to lure business from railroads, Burlington Northern Santa Fe LLC and Union Pacific Corp. (UNP) are sticking to their bet on the nation’s energy boom.  More »

Kinder Morgan’s project backlog dwarfs previous growth spending

Building pipelines from newly fired-up resource plays to U.S. markets will take a huge amount of industry money, but for the country’s largest pipeline player, the future already has a number: $14 billion.  More »

Chart: Even without Canada link, Keystone XL adds a lot

Even without a northern connection to Canada, the Keystone XL southern leg that is nearing completion in Texas will move a lot more oil to the Gulf Coast.  More »

Flanagan pipeline project to be viewed at meeting

Pawhuska residents will find out more this week about a crude oil pipeline that is to run through part of northeast Oklahoma.  More »

Claims from pipeline blast will reach $565M, utility says

Pacific Gas & Electric Co. expects to pay a total of $565 million in legal settlements and other claims from a deadly 2010 gas pipeline explosion in a San Francisco Bay Area suburb, the utility said.  More »