Archive for September, 2016

Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast

Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast

Colonial Pipeline system runs from as far west as Houston, Texas, to as far north and east as Linden, New Jersey, near the New York Harbor The outage of Colonial Pipeline Line 1 between Sept. 9 and Sept. 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast […]

By September 30, 2016 0 Comments Read More →
California passes energy storage bills, allocating $187 Million for new projects

California passes energy storage bills, allocating $187 Million for new projects

Dispute resolution process is expected to reduce the time for approval and interconnection costs for energy storage AUSTIN, TX – With the passing of Assembly Bill 1637, California doubled the incentives for energy storage projects throughout the state for calendar years 2017-2019. The newly signed bill by Governor Jerry Brown allocates an additional $187 million for […]

By September 29, 2016 0 Comments Read More →
Importance of seismic testing in gulf – API

Importance of seismic testing in gulf – API

No evidence sound produced exploring for oil and gas with seismic surveys resulted in physical or auditory injury to a marine mammal WASHINGTON, September 28, 2016 – Bureau of Ocean Energy Management (BOEM) announced its Draft Programmatic Environmental Impact Statement (PEIS) that evaluates the potential impacts of geological and geophysical surveys in the Gulf of […]

By September 29, 2016 0 Comments Read More →
Activists repackage debunked reports misleading latino communities on health

Activists repackage debunked reports misleading latino communities on health

Claims laid out in report makes it clear, authors far more interested in garnering headlines than looking at science by Randy Hildreth, EnergyInDepth The Clean Air Task Force (CATF) is out today with yet another report – this one claiming that emissions from oil and natural gas development are disproportionately impacting the health of Latino communities. […]

By September 29, 2016 0 Comments Read More →
OPEC agrees to modest oil output curbs in first deal since 2008

OPEC agrees to modest oil output curbs in first deal since 2008

Output will be reduced to arange of 32.5-33.0 million b/d. OPEC estimates its current output at 33.24 million b/d By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) – OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting […]

By September 28, 2016 0 Comments Read More →
Oil jumps on talk OPEC may have deal to limit output in Nov.

Oil jumps on talk OPEC may have deal to limit output in Nov.

 Iranian Oil Minister Bijan Zanganeh agreed to curb production “at close to 4 million barrels per day” By Barani Krishnan NEW YORK (Reuters) – Oil prices rose more than 2 percent in volatile trade on Wednesday on speculation that OPEC members gathered in Algeria could lay the foundation for a production-limiting deal in November. Crude futures had gyrated after a […]

By September 28, 2016 0 Comments Read More →
Kinder Morgan pipeline must be considered on its merits – Canada

Kinder Morgan pipeline must be considered on its merits – Canada

“There is a thirst for Canadian natural resources internationally” OTTAWA (Reuters) – Canada’s verdict on a plan by Kinder Morgan Inc to double the capacity of a crude pipeline will be made on its own merits and is not linked to Ottawa’s approval of a liquefied natural gas project, a senior official said on Wednesday. In its […]

By September 28, 2016 0 Comments Read More →
US crude oil inventories fall 4th straight week

US crude oil inventories fall 4th straight week

Distillate inventories, including diesel, heating oil, fell 1.9 million barrels, versus expectations for 14,000-barrel decline By David Gaffen (Reuters) – U.S. crude oil stocks fell for the fourth straight week as imports dropped, while gasoline stocks increased and distillate inventories fell, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell 1.9 million barrels in the week to Sept. 23, […]

By September 28, 2016 0 Comments Read More →
Tribal service deals could help Dakota pipeline impasse – Whiting CEO

Tribal service deals could help Dakota pipeline impasse – Whiting CEO

 Federal regulators are expected to rule soon on whether the pipeline’s construction can proceed By Ernest Scheyder SAN FRANCISCO (Reuters) – The chief executive of North Dakota’s largest oil producer, Whiting Petroleum Corp , says the standoff over the $3.7 billion Dakota Access pipeline could be solved by giving economic opportunities, including supply and delivery contracts, to […]

By September 28, 2016 0 Comments Read More →
Canada approves $27 bln LNG complex; Petronas in no rush to start

Canada approves $27 bln LNG complex; Petronas in no rush to start

 With low LNG prices, Petronas would look to re-evaluate its options with the Canadian project  By Nicole Mordant and A. Ananthalakshmi RICHMOND, British Columbia/KUALA LUMPUR, Sept 28 (Reuters) – Malaysia’s Petronas said it would review a proposed C$36 billion LNG project in western Canada after Ottawa approved the project with conditions to limit the environmental impact. The green light for the Pacific […]

By September 28, 2016 0 Comments Read More →