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Since the oil price collapse, global oil production has risen, not fallen. Since the fateful Nov. 27, 2014 OPEC meeting, aggregate production from the U.S., Saudi Arabia, and Iraq is up 2 MMbop/d – far more than demand.

November is also when the U.S. inadvertently became the swing oil producer. Prices have not yet fallen far enough or for long enough for an appreciable U.S. supply adjustment to occur. It may not be far off, especially if oil prices fall further with new Iranian supplies, says a study from IHS Energy that notes:

House members of both parties drubbed the latest top PHMSA official to appear before Congress to answer questions about lagging pipeline safety rule implementation.

In the five years since the Deepwater Horizon spill in the Gulf of Mexico, operators have undergone progressively tighter regulatory restrictions in both offshore and onshore environments.

Along with restructuring the Department of the Interior to include the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM), more than seventeen reforms have been implemented since the 2010 accident, targeting everything from well-design to maintenance reviews to safety culture.

Editor’s note: This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about the Alaska LNG project.

Alaska is vast, with a lot of open ground, but it seems like transportation projects in the state - be it roads, railroads or pipelines – can’t help but cross over or under each other while traversing the same natural corridors.

Few trends have been bigger or more exciting to watch in the last decade than the rise of drones.

From serious applications like warfare to more quirky ones like pizza delivery, the world is still clearly just starting to figure out how drones can profitably be used. That background makes the recent chatter about the opportunity for drone use in commercial oil and gas applications an extremely interesting trend to watch.

At the American Petroleum Institute’s spring pipeline conference in Savannah, GA one bit of news in particular grabbed attendees’ attention when it was announced that Pipeline Director Peter T. Lidiak was leaving his post after serving as API’s go-to pipeline executive since 2005.

Lidiak, who joined API in 2000, is one of the nation’s leading experts on crude oil pipelines, testifying before countless congressional and agency hearings in Washington, D.C. and having a hand in practically any issue involving pipelines.

At the American Petroleum Institute’s spring pipeline conference in Savannah, GA one bit of news in particular grabbed attendees’ attention when it was announced that Pipeline Director Peter T. Lidiak was leaving his post after serving as API’s go-to pipeline executive since 2005.

Lidiak, who joined API in 2000, is one of the nation’s leading experts on crude oil pipelines, testifying before countless congressional and agency hearings in Washington, D.C. and having a hand in practically any issue involving pipelines.

A new survey of over 400 energy executives and IT professionals in the energy, oil, gas and utility industries found that most energy security professionals were extremely confident in their ability to detect a cyber-attack on critical systems, with 86% stating they could detect a breach in less than one week.

Russia’s Gazprom and China National Petroleum Corporation (CNPC) have confirmed that construction is underway on the 4,000-km Power of Serbia Pipeline that will deliver up to 38 Bcma of gas to China.

The first joint of pipe for the Chinese sector of the project was recently welded near the city of Heibe in the northern Heilongjiang Province bordering Russia, according to CNPC. Russia started building its section of the 2,500-mile eastern route last year. The pipeline is due to become fully operational in late 2017.

NET Midstream’s affiliate, NET Mexico Pipeline Partners, LLC., saw completion of its Net Mexico Pipeline ahead of schedule and placed into service in November 2014.

NET Mexico will interconnect on the Mexican side of the border with Phase 1 of the Los Ramones Pipeline, which is being developed by an affiliate of Gasoductos de Chihuahua S. de R.L. de C.V. The pipeline is anchored by a long-term firm gas transportation agreement, for up to 2.1 Bcf/d, with MGI Supply Ltd., an indirect wholly owned subsidiary of Pemex Gas, Mexico’s state-owned gas company.

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