Posted on February 21, 2011 at 12:26 pm by Bloomberg in
Accidents,
Natural gas,
Pipelines,
Social
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.
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Posted on February 20, 2011 at 11:36 pm by Associated Press in
Accidents,
Natural gas,
Pipelines
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.
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Posted on February 20, 2011 at 7:42 pm by EconMatters in
Africa,
Canada,
Crude oil,
Europe,
Middle East
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.
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Posted on February 18, 2011 at 6:58 pm by Brett Clanton in
Pipelines
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.
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Posted on February 16, 2011 at 6:14 pm by Bloomberg in
Pipelines
Williams Cos will sell as much as 20 percent of its oil and natural-gas exploration unit in an initial public offering.
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Posted on February 11, 2011 at 7:28 pm by Associated Press in
Pipelines
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.)
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Posted on February 11, 2011 at 9:34 am by Associated Press in
Pipelines,
Social
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.”
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Posted on February 9, 2011 at 6:50 am by Tom Fowler in
Accidents,
Natural gas,
Pipelines
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 »
Posted on February 8, 2011 at 2:12 pm by Jillian Cohan in
Accidents,
Natural gas,
Pipelines,
Social
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.
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Posted on February 7, 2011 at 12:02 pm by LM Sixel in
General,
People,
Pipelines,
Social,
Workforce
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.
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Posted on February 5, 2011 at 12:30 am by chron.com Energy in
Pipelines
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.
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Posted on February 4, 2011 at 10:05 am by Jennifer A. Dlouhy in
Pipelines
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.
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