Posts filtered on Tag


(David Paul Morris/Bloomberg)

Report: Massachusetts riddled with natural gas leaks

Some leaks are decades old.
(Daniel Acker/Bloomberg)

Major MLP launches new Utica shale project with Marathon and McClendon backing

Denver-based MarkWest Energy Partners, which is being bought my Marathon’s MPLX master-limited partnership for $14.7 billion, is leading the project through a long-term contract with the newly formed Ascent Resources — a new standalone company that was part of Aubrey McClendon’s American Energy Partners.
energy transfer

Energy Transfer explores crude pipeline in Texas, New Mexico

The proposed Delaware Basin Crude Gathering Pipeline would have a capacity of 120,000 barrels per day of crude oil and consist of three gathering systems totaling about 130 miles of pipeline.
A worker removes oil from sand at Refugio State Beach, north of Goleta, Calif. An underground pipe, owned by Plains All American Pipeline, spewed oil down a culvert and into the Pacific on May 19, 2015 before it was shut off. Democratic U.S. Sens. Barbara Boxer and Dianne Feinstein say the response to the oil spill that blackened beaches and created a 10-square-mile slick on the ocean was "insufficient." and called on federal regulators to provide more details on the activities and decisions by Plains. (AP Photo/Jae C. Hong, File)

Plains All American profit down by more than half

The Houston-based company reported $124 million in profit this year compared to $287 million in the 2014 quarter, as revenues fell to $6.66 billion from $11.20 billion over the same period.
Plant operators at the control room, pipes, towers and fractional facilities at Enterprise refinery in Mont Belvieu, Texas. (Thomas B. Shea/Houston Chronicle)

Enterprise Products Partners profit falls in second quarter

The Houston-based pipeline and processing company said it saw earnings slip to $557 million compared to $647 million in the same period last year.
(Photographer: Daniel Acker/Bloomberg)

Williams to evaluate sale before merger vote

The Williams Cos. said Wednesday it wouldn’t hold a shareholder vote on its proposed $13.8 billion consolidation until after the company finishes evaluating a potential sale.
(Scott Dalton/Bloomberg)

Group set to sue U.S. agency over pipeline safety plans

Leaders of the conservation organization said it filed the required “intent to sue” notice through certified mail, giving officials 60 days to issue regulations or face a federal lawsuit.
The Elba liquefied natural gas import terminal near Savannah, Ga.

Kinder Morgan to take over Shell’s interest in Elba LNG project

The deal will hand Kinder Morgan full ownership of the Elba Liquefaction Co., a joint venture building an about $2.1 billion natural gas liquefaction facility at Elba Island, Georgia.
Drivers fill up their vehicles at a Sunoco station on Wednesday, Feb. 4, 2015, in Cohoes, N.Y.   (Paul Buckowski / Times Union)

Energy Transfer Partners to shift retail business in $1.94 billion swap

The so-called drop down deal will sharpen Dallas-based Energy Transfer Partners’ focus on the midstream sector, while also concentrating Energy Transfer’s retail and convince store business in Sunoco LP.
A crew cleans oil from the beach at Refugio State Beach on May 20, 2015 north of Goleta, Calif.  (Photo by David McNew/Getty Images)

House reps rap pipeline regulator for slow action on safeguards

The stalled reforms include regulations governing how quickly companies must notify authorities after a pipeline spill, leak detection systems and the use of automatic and remote-control shut-off valves that can be triggered in emergencies to swiftly halt flowing oil and natural gas.