Tag: infrastructure

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

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.  More »

Shell to sell shares in US pipeline unit amid energy boom

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.  More »

Private equity firm adds $2.5B to energy infrastructure funding

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.  More »

Oil-by-rail protests planned to mark Canadian disaster

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.  More »

Pipeline firms with high fees borrow to pay investors

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

US energy boom demands $641B in infrastructure, study finds

Companies will need to invest $641 billion over the next two decades in pipelines, pumps and other infrastructure to keep up with the gas, crude oil and natural gas liquids flowing from U.S. fields, according to a study released Tuesday.  More »

International power supply hinges on incremental generation advances

Power-generation technology will have to adapt to a massive increase in decentralized energy sources expected to come online in developing economies in Africa and Asia in coming years, a trend that reverses the energy industry’s focus on large coal and gas-fired plants in the U.S. and wealthier countries, an energy executive said Thursday.  More »

More work needed to stop flaring gas, officials say

Energy companies are making strides in capturing the natural gas that flows out of North Dakota oil wells but still have a long way to go to stop burning off the fossil fuel, governors and business executives said Monday.  More »

Spike in oil-by-rail fueled by regulatory delays, experts say

Rapidly developing oil and gas production in North Dakota, Texas and other states is outpacing the construction of new pipelines and other infrastructure to carry those fuels to market, energy experts and former government officials warned Thursday.  More »

Kenyan energy bonanza fans violence in arid northern region

Oil exploration in the north by companies including Tullow Oil Plc and renewable energy developments have fueled the violence between clans in Kenya.  More »

Senator: Rail accidents put spotlight on pipeline needs (video)

Fiery explosions involving oil-carrying trains help make the case for Keystone XL and other new pipelines to transport the crude, Republican Sen. John Hoeven says.  More »

Poll: Americans support more pipelines, including Keystone XL

Eight out of 10 Americans support expanding the nation’s energy infrastructure, with new pipelines and other facilities to transport oil and gas across the U.S., according to a survey released Thursday.  More »
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