Archive for the ‘Transportation’ Category
Christian elected chairman of Texas RRC
June 18th, 2019 by Latest News
Commissioner Wayne Christian was unanimously elected chairman of the Texas Railroad Commission.
Anadarko sanctions Mozambique LNG project
June 18th, 2019 by Latest News
Anadarko Petroleum has formally sanctioned its Mozambican LNG project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes/year. …
Agreement advances Indonesian LNG project
June 17th, 2019 by Latest News
Inpex will submit a revised plan of development for the integrated Abadi LNG project in Indonesia after signing a heads of agreement with authorities on basic principles. The HOA outlines terms agreed in discussions after completion of a pre-front end …
The Delaware River Basin Commission (DRBC) unanimously approved construction of a second dock and associated storage that would add LNG and other energy products to the proposed Gibbstown Logistics Center in southern New Jersey. The commission’s June 1…
Rising natural gas production in Argentina coupled with competitive global LNG transportation costs are expected to position the country as an emerging source of gas supply to Asia during peak demand periods, recent research from Wood Mackenzie shows.
Husky fined for 2016 Saskatchewan oil spill
June 14th, 2019 by Latest News
Husky Oil Operations entered guilty pleas June 12 on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. Husky was fined $2.5 million under the federal Fisheries Act and $200,000 fo…
MARKET: Oil prices rise on tanker attacks
June 14th, 2019 by Latest News
Oil futures rallied on the New York and London markets June 13 following attacks on two oil tankers near the Strait of Hormuz although crude settlements failed to completely recover from the previous trading session losses of more than $2/bbl.
Natural gas supplies from Gazprom to Hungary from Jan. 1 through June 5 totaled 4.3 billion cu m, a 57.5% increase vs. the same period last year. In addition to the contracted amounts, Hungary bought from Gazprom another 2 billion cu m of gas, which wi…
Shell’s Prelude ships first LNG cargo
June 11th, 2019 by Latest News
Shell Australia’s Prelude floating LNG project, 475 km offshore Broome, Western Australia, has shipped its first LNG cargo, loading the 173,400-cu m Valencia Knutsen for delivery to Asia. Prelude came on stream in January and shipped its first condensa…
Phillips 66 forms crude oil pipeline JVs
June 10th, 2019 by Latest News
Phillips 66 has formed two separate 50-50 joint ventures to build pipelines that will transport crude oil from the Rockies and Bakken production areas to Cushing, Okla. and from Cushing and the Permian basin in West Texas to the Gulf Coast.