Plains All American Pipeline Tuesday announced it’s formed a joint venture with Delek Logistics Partners in the existing Red River Pipeline system, with Delek paying $128 million for a 33% share in the line. Plains retained a 67% interest in the JV and will continue to operate the Red River crude oil system, Kallanish Energy … Read more
HOUSTON – There’s a silent battle being waged by no fewer than three groups trying to secure customers and/or funding for underground natural gas liquids storage in the states of Pennsylvania, Ohio and West Virginia. With Shell Chemical pushing hard to have its world scale ethane cracker 30 miles northwest of Pittsburgh operational by the … Read more
President Trump’s April 10 Executive Orders are the directives which, as the President said “ends the war on American energy.” One order primarily takes the shackles off energy infrastructure (pipelines) construction, while the second mandates the Environmental Protection Agency to review/modify an “outdated” section of the Clean Water Act that requires applicants … Read more
Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg. Rolling blackouts across much of the country that started on March 7 temporarily paralyzed most of the country’s oil industry, Kallanish Energy finds. Oil output … Read more
Pipeline giant Williams has initiated a binding open season, through April 8, for the Regional Energy Access, an incremental expansion of the Transco interstate pipeline. The project provides firm natural gas transportation capacity to markets in the northeastern U.S. as early as November 2022, according to Williams. Regional Energy Access is designed to provide up to … Read more
Tree clearing is under way at the site of a proposed ethane cracker plant in eastern Ohio, even though a final investment decision is still pending by PTT Global Chemical America and its partner, Daelim. The companies last week announced they have hired a local firm to clear 140 acres in Belmont … Read more
Turkmenistan is likely to be excluded from the Southern Gas Corridor (SGC) strictly for geopolitical reasons, according to Mehmet Öğütçü, founder and CEO of Global Resources Partnership. Speaking to attendees Wednesday at International Petroleum Week in London (Kallanish Energy in attendance), Öğütçü said the SGC is “the longest pipeline built so far,” stretching … Read more
France is studying a project to replace coal-fired power plants with biomass generation plants by 2022, with a view to securing supply in northwest France, particularly in Brittany, Kallanish Energy reports. State-run electricity giant EDF said Monday it had reached a major milestone in the industrial implementation of the so-called Ecocombust project. The … Read more
An explosion Monday of a section of Enbridge’s Texas Eastern natural gas pipeline in Ohio created a fireball of flame and damaged homes, prompting the evacuation of nearby residents. The explosion appeared to have destroyed two homes, Chasity Schmelzenbach, emergency management director for Noble County, Ohio, told Reuters. Enbridge said two people … Read more
The planned Nigeria-to-Morocco natural gas pipeline (NMGP) faces a myriad of challenges and is “unlikely to materialize in the short or medium-term,” Kallanish Energy learns from analysts at Fitch Solutions Macro Research.
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