Friday, April 20, 2018

Line 5 News

Enbridge's Line 5 Pipeline Shut Due to Power Outage

Enbridge's Line 5 pipeline was temporarily shut down due to a power outage at its terminal in Superior, Wisconsin, the company said in a statement on Sunday. "Out of an abundance of caution, Enbridge will be electing to leave the line…

Colonial Allocates Cycle 20 Shipments

Photo: Colonial Pipeline Co

Colonial Pipeline Co is allocating space for cycle 20 shipments on Line 1, its main gasoline line, and for cycle 21, on its Line 20 distillate pipeline, according to separate company notices sent to shippers on Tuesday. Committed information for Line 1 will be available on Thursday…

To Frack or Not to Frack? Australia's NatGas Dilemma

File Image (CREDIT: AdobeStock / © Shamtor)

The decision by the government of Australia's Northern Territory government to allow the resumption of fracking for natural gas will do little to immediately solve the country's energy woes, but will likely sharpen political battle lines.

Petrobras Secures $606 mln Credit Line from Banco do Brasil

Brazilian state-controlled oil company Petróleo Brasileiro SA said on Monday it has hired a 2 billion real ($606 million) credit line from state lender Banco do Brasil SA expiring in Feb. 2023. In a securities filing, Petrobras, as the company is known…

Oil Breaks Above $72 as Supply Concerns Build

File Image (CREDIT: AdobeStock / © scanrail)

Supply risks in Middle East, Venezuela also buoy crude. Oil prices extended gains on Wednesday, lifted by a reported decline in U.S. crude inventories and the risk of supply disruptions. Brent crude oil futures rose 87 cents to $72.45 a barrel by 1143 GMT, while U.S.

NOV Awards Contract to Pulse for Mooring Line Monitoring

Pulse Structural Monitoring, an Acteon company, has been awarded a contract with National Oilwell Varco (NOV) Arendal in Norway to provide an acoustic mooring line subsea monitoring system to measure mooring line inclination and tension.

Seattle Port's Green Gateway Award for Holland America Line

Holland American Line

The Port of Seattle presented Holland America Line with its sixth consecutive Green Gateway Award. The Port of Seattle also presented Seattle’s hometown cruise line with the Technology Innovator award. The Port of Seattle presents the…

K-Line, NYK Line, Chubu Electric, Toyota Tsusho Eye LNG Bunkering

Photo: K-Line Europe Ltd

Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have decided to work in the field of liquefied natural gas (LNG) bunkering in Japan. A joint statement that…

Regulators tell Plains to Purge Shut California Oil Pipeline

Courtesy Wikipedia

U.S. pipeline regulators have ordered Plains All American Pipeline LP to purge a California pipeline system of crude to prevent corrosion after a separate pipeline ruptured and fouled Santa Barbara County shores last May. The U.S. Department…

LNG Mooring Lines Made with Dyneema

The introduction of new and larger vessels, Q-Flex and Q-Max, and new, often more exposed terminals becoming operational have changed mooring dynamics. The need to maintain workers’ safety at all times, whilst delivering maximum operational…

Summit Midstream: Unclear When North Dakota Pipe Will Reopen

Summit Midstream Partners LP said on Thursday that it is unclear when a damaged saltwater line in North Dakota will resume normal operations. The leak at the 4-inch line was first reported to state officials on Jan. 7. On Wednesday state officials released the size of the spill…

Statnett to Build Power Line to Northern Norway's Emerging Oil Region

Norwegian power grid operator Statnett will start constructing a new high-voltage power line to the country's north in 2016, it said on Thursday, bringing more electricity to what could emerge as the coutnry's new oil province. The project…

Colonial Pipeline Shuts Stubline to Nashville on Suspected Leak

Colonial Pipeline Co's gasoline line between Atlanta and Nashville, called Line 19, remained shut on Monday after it was closed on Sunday after a possible spill, a company spokeswoman said on Monday. The line was initially shut after…

Colonial Expects Restart of Gasoline Line on Wednesday After Leak

Colonial Pipeline Co said it expects a full restart of its gasoline line by Wednesday evening after its biggest leak in nearly two decades squeezed supply and led to increased prices at the pump in southeast United States. The biggest refined products system in the U.S.

Cheap Oil Drives Trading Volumes

Some of the world's biggest oil trading houses say they expect increased volumes this year as a fall in oil prices ties up much less capital for trading than a year ago. Trading oil is expensive and requires big players to have billions of dollars of credit lines with dozens of banks…

Scott Joins Well-Centric

Michael Scott, Well-Centric Business Development Manager  Photo courtesy of Rory Raitt/Well-Centric

Well-Centric, an independent specialist in well integrity for the global oil and gas industry, has announced the appointment of a new business development manager. Michael Scott joins the company to support its growth strategy and will…

Colonial Expects Wednesday Gasoline Line Restart

Photo: Colonial Pipeline Co

Colonial Pipeline Co said on Tuesday it expects to restart its main gasoline line on Wednesday after its biggest leak in nearly two decades which led to a surge in prices at the pump and long lines in the southeast United States. The leak…

US Sanctions Will Push Gazprom CEO into Shadows

Alexey Miller (Photo: Gazprom)

Alexey Miller, head of Russian gas giant Gazprom, will have to lower his public profile and delegate to someone else his powers to clinch deals and raise financing now that he has been added to a U.S. sanctions blacklist, analysts said.

Suncor Says Line 9 to Deliver Inland Crude to Montreal

Suncor Energy commenced linefill on Enbridge Inc's Line 9 pipeline earlier this month and the first inland crude volumes will reach the company's Montreal refinery by year-end, Suncor Chief Executive Steve Williams said on a third-quarter earnings call on Thursday.

Gazprom Neft Gets $350m Credit Line from Promsvyazbank

Russia's Gazprom Neft, the oil arm of gas producer Gazprom, said on Thursday its board of directors had approved a credit line from Promsvyazbank (PSB) for up to $350 million. The credit line will be available for three years, Gazprom Neft said in a statement.