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Rebuilding the Nation’s Aging Energy Network

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Once the envy of the modern world, the nation’s infrastructure system now works overtime just to keep up with the growing needs of the energy grid. While many understand the need for continued investment in roads and bridges, the same cannot be easily said of the nation’s aging energy infrastructure. This network of pipelines, highways, […]
EV ENERGY PARTNERS, LP LOGO

Houston-based oil and natural gas developer sells Utica stake for $575 million

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EV Energy Partners will sell its 21 percent stake in a system of natural gas gathering and compression facilities in eastern Ohio for $575 million, it announced Monday morning.
(Photographer: Patrick Semansky/Bloomberg)

Report: Refiners can handle the flood of light U.S. crude

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The American Fuel and Petrochemical Manufacturers, which commissioned the analysis, hopes it will debunk oil producers’ chief argument for crude exports by proving that refiners have the capacity to consume light, sweet U.S. crude.
(file photo) Mike McConnell, former director of the National Security Agency, speaks at the DNI Open Source Conference , Tuesday, July 17, 2007 in Washington. (AP Photo/Kevin Wolf)

Former NSA chief: Congress must pass cyber laws to protect energy, finance

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More than half of the 200 or so cyber-attacks reported to the Department of Homeland Security’s industrial control systems emergency response team have targeted energy companies, and and economic espionage cases have more than doubled in the last 18 months.
(AP Photo/The Bakersfield Californian, Casey Christie)

Oil industry wants 7-10 years to phase out tank cars

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Leading oil industry trade groups on Tuesday told federal regulators that proposed regulations to boost the safety of transporting crude by trains need to be phased in more slowly and should not mandate tank cars with extra-thick shells.
A McDermott International subsea construction vessel installs 65 miles of umbilicals and other subsea structures as it builds up Chevron's Jack and St. Malo project in the Gulf of Mexico. (Photo: McDermott International/Business Wire)

McDermott completes its work on Chevron’s Jack and St. Malo offshore projects

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Engineering and construction firm McDermott International announced Monday that it’s completed its portion of work on Chevron’s Jack and St. Malo project in the Gulf of Mexico.
(AP file photo/Paul Sakuma)

Shell to sell shares in US pipeline unit amid energy boom

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Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.
(construct/Flickr)

Private equity firm adds $2.5B to energy infrastructure funding

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First Reserve has closed on a $2.5 billion fund to back energy infrastructure, more than doubling the capital it had gathered to inject into pipeline, storage and liquefied natural gas projects.
An interactive online map developed by Oil Change International shows rail routes carrying oil and the terminals accepting the crude.

Oil-by-rail protests planned to mark Canadian disaster

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A new interactive online map of rail routes shows how oil is rumbling across the nation’s train tracks, as federal regulators consider new requirements for tank cars carrying the crude and opponents plan vigils commemorating last year’s devastating derailment in Canada.
(Image: Fotolia)

Pipeline firms with high fees borrow to pay investors

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Most businesses focus on profits. The energy infrastructure companies known as master limited partnerships are all about cash.