Acquisitions & Divestitures - Midstream


Crude Exports Or Broke? Not So Fast

The crude supply glut won’t be exported away—unless it is refined.

Wed, 04/01/2015 - 12:37

BNSF Cuts Oil Trains’ Speed For Safety In Urban Areas

BNSF Railway Co. cut the speed of oil-carrying trains in some urban areas to 35 mph, Bloomberg said. Other railroads are aware of the March 25 measures, a spokesman said.

Wed, 04/01/2015 - 11:32

Mexico Says ‘¡Hola!’ To Natural Gas Expansion Projects

Mexico’s commitment to realizing its energy potential through privatization and its National Infrastructure Program means major expansion, and investment, is ahead for the country’s midstream infrastructure.

Caryn Livingston
Tue, 03/31/2015 - 08:46

Morgan Stanley Will Sell CNG Business

Wentworth will be sold to Pentagon Energy LLC. The CNG will be exported to Latin America. Two Morgan Stanley managers involved with Wentworth will become Pentagon principals, sources told Reuters. 

Mon, 03/30/2015 - 15:05

Paper: Shale Gas Adds Up To Billions In Consumer Savings

The abundance of shale gas has driven down gas prices for consumers and led to manufacturing expansions, to the tune of billions in benefits to the U.S. economy.

Caryn Livingston
Mon, 03/30/2015 - 08:44

Chevron Will Exit Australian Shale Gas

Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.

Fri, 03/27/2015 - 12:02

BlackRock, First Reserve Take $900 Million Stake In Mexico Pipeline Project

U.S.-based asset manager BlackRock Inc. and private-equity firm First Reserve took a roughly-$900 million joint stake in phase two of Mexico’s Los Ramones Pipeline project, state-owned Pemex said, Reuters reported. 

Fri, 03/27/2015 - 09:29

Report: Kinetic Energy, Not Contents, Likely Cause Train Derailment Fires

Kinetic energy created by a derailment factors more heavily in the size of a fire than whatever the train is hauling, according to a report, the American Petroleum Institute said. 

Thu, 03/26/2015 - 12:27

Senate Democrats Urge Oil Train Safety Standards

Democratic lawmakers wrote in cosponsored legislation that “these outdated cars pose an alarming risk,” Reuters said. Sen. Maria Cantwell introduced the legislation concerning regulation of train-transported Bakken crude oil.

Wed, 03/25/2015 - 14:24

Plains All American Pipeline, Delek Logistics Form Caddo Pipeline JV

The pipeline will move 80,000 barrels of crude oil from Longview, Texas, to Shreveport, La., and El Dorado, Ark. The joint venture between the companies creates Caddo Pipeline LLC.

Wed, 03/25/2015 - 08:59

FERC Will Consider Rio Grande Valley LNG Project

NextDecade LLC owns Rio Grande LNG. The project includes the 129-mile proposed Rio Bravo Pipeline and the Rio Grande LNG facility with six, 4.5-tonnes per year-capacity liquefaction trains, Reuters said.

Tue, 03/24/2015 - 08:30

More Pipeline Safety Violation Allegations Arise At TransCanada

Canada’s National Energy Board investigates 12 new allegations of natural gas pipeline safety code violations at TransCanada Corp., Reuters said. Allegations concern repairs, welding and personnel reporting of issues.

Thu, 03/19/2015 - 17:01