Category: Pipelines

TransCanada pipeline repairs hampered by remote location, snow

The site of the pipeline blast near Beardmore, Ontario, can only be accessed by snowmobile or helicopter. The explosion occurred Saturday on TransCanada’s mainline system, a conduit that links natural-gas fields in Alberta with points in central Canada and terminates at the Quebec-Vermont border.  More »

TransCanada gas pipeline explodes in east-central Ontario

No one was injured in the blast. Police say the section of the TransCanada mainline that exploded forced a few hundred people to evacuate their homes, but they were told shortly after that they could return home.  More »

A Tale of Crudes: Anybody Got A Big Rig?

WTI’s premium disappeared about a year ago and in recent days it has been trading at more than a $10/bbl discount to Brent mainly due to rising inventory levels at Cushing OK. Some believe WTI may be undervalued by at least $12.  More »

Enterprise Products Partners’ profits jump in 4Q

The Houston oil and gas pipeline giant said profits more than doubled in the last three months of 2010, lifted in part by higher production in U.S. shale gas formations.  More »

Williams sets IPO for oil and gas unit

Williams Cos will sell as much as 20 percent of its oil and natural-gas exploration unit in an initial public offering.  More »

Trans-Alaska pipeline poses risks, regulators say

The Pipeline and Hazardous Materials Safety Administration handed Alyeska Pipeline Service Co. a list of proposed corrective measures tied to challenges that have resulted from having too little oil in the 800-mile pipeline. (Photo: Alaska Department of Environmental Conservation.)  More »

Kinder Morgan shares jump in market debut

The Houston pipeline operator’s stockholders sold 95.5 million shares for $30 each in the the biggest IPO ever for a U.S. company backed by private equity firms. Shares are gaining $2, or 6.7 percent, to $32 on the New York Stock Exchange Friday under the symbol “KMI.”  More »

Natural gas facility in Mont Belvieu explodes *Updated*

Flames and smoke rise from an explosion on Tuesday, Feb. 8, 2011 at Enterprise Products Partners natural gas processing facility on Sun Oil Road in Mont Belvieu, Texas. (Photo: Billy Smith/Houston Chronicle)

A series of explosions Tuesday rocked a natural gas liquids processing and storage facility in Mont Belvieu, Texas, owned by Enterprise Products Partners. Pipelines to the plant were shut down so no new flows entered the facility. As of Wednesday morning, the fire had burned itself out, according to news reports. More »

Weather service radar shows smoke from Mont Belvieu blaze

The radar systems at the National Weather Service captured the path of smoke this afternoon from the blaze at Enterprise Products’ natural gas liquids processing plant in Mont Belvieu.  More »

Feds accuse Kinder Morgan of underpaying on overtime

The Labor Department lawsuit alleges that Kinder Morgan and Kinder Morgan Energy Partners owe back wages to more than 4,500 employees because it didn’t include bonuses in its overtime calculations in the last two years.  More »

Canadian leader urges OK for pipeline to Texas

After meeting with President Obama, Canadian Prime Minister Stephen Harper said the U.S. should approve the Keystone XL pipeline from Canada to the U.S. Gulf Coast since many other countries that supply oil are not stable, secure or friendly to U.S. interests.  More »

Oil sands pipeline could be on agenda for White House meeting

The proposed Keystone XL pipeline could be on the agenda when Canadian Prime Minister Stephen Harper meets with President Barack Obama today. Environmentalists protesting in front of the White House want Obama to take a stand against the project, but the API wants the president to embrace it.  More »