midstream

P&GJ’s 2014 international pipeline survey indicates 65,746 miles of pipeline are in various stages of construction or planned. Of these, 33,801 miles account for projects in the planning and engineering phase, while 31,945 miles are in various stages of construction.

An ICF report determined shipping oil overseas would spur the U.S. economy, lowering gasoline prices in the process.

A new CME Group report suggested that if natural gas only increases its share of energy use for transportation from the current 3% to the 7-10% range over the next five years, the result would translate into a dramatically faster closing of the energy price gap.

Despite vast U.S. shale gas resources and technological advances making recovery economically feasible, an absence of incentives supporting the usual investment model in which a company builds, owns and operates new pipelines – supported by long-term contracts for capacity – is hampering construction.

Canyon Midstream Partners, LLC has entered into gathering and processing agreements with XTO Energy Inc., a subsidiary of Exxon Mobil Corporation, and Apache Corporation for midstream services on Canyon’s James Lake System.

Tennessee Gas Pipeline Company, L.L.C. (TGP), a subsidiary of Kinder Morgan Energy Partners, L.P., proposes the Tennessee Gas Pipeline Northeast Energy Direct Project to upgrade its pipeline system in New York, Pennsylvania, Massachusetts, New Hampshire and Connecticut. The project is a combination of TGP’s proposed Pennsylvania to Wright, NY and Wright to Dracut, MA projects.

Gov. Sean Parnell moved Alaska one step closer to a gas line by signing Senate Bill 138 on May 8. The bill advances a large-diameter natural gas pipeline project, allowing the state to become an owner in the Alaska LNG Project. It also provides for getting North Slope gas to Alaskans first, using local hire.

Williams announced June 15 that the company will acquire all of its joint venture Access Midstream Partners' general partnership and bring its share in the limited partnership to 50%, a deal valued at $6 billion overall.

North America’s energy revolution is alive and well! That was the message at Pipeline & Gas Journal’s 10th annual Pipeline Opportunities Conference March 25 at the George R. Brown Convention Center in Houston. Issues covered included quality control for gas pipeline construction, the Pipeline Safety Act, prospects for infrastructure expansions to support new supply sources, the outlook for labor and employment and the benefits of working in an energy state like Texas.

As master limited partnerships (MLPs) come to dominate the midstream business, the people who helm them must understand not only the intricacies of gas and liquids extraction and transportation, but the financial methods and strategies that drive their firms’ investment and market success. One way to gain that knowledge is from a career path with plenty of unexpected turns.

Syndicate content