US Awards 13 Million Barrel Exchange of Crude Oil from Strategic Reserve
The Biden administration announced a plan in November to release up to 50 million barrels from the SPR after oil prices hit seven-year highs.
US Court Vacates Federal Permit for Mountain Valley Natgas Pipeline
When Mountain Valley construction started in February 2018, Equitrans Midstream estimated the 303-mile (488-km), 2 Bcf/d project would cost about $3.5 billion and enter service by late 2018.
Aggreko Completes Middle East’s Largest Flare Gas to Power Project
The plant is run on 40 million square cubic feet per day of associated petroleum gas, saving 840 tonnes of CO2 per day, and cutting flaring by a third.
Energy Transfer Taps BHP’s Dilanka Seimon for Alternative Energy Expansion
Industry veteran Dilanka Seimon joined Energy Transfer earlier this month to help further the development of alternative energy and carbon capture projects for the Dallas-based pipeline operator.
IndustryVoice: The Industry Recognized Standard for Pipeline Cybersecurity
The American Petroleum Institute (API) approaches cybersecurity the same way it approaches safety – it is a top priority that requires a systematic, multi-dimensional approach and allows for adaptation in a quickly shifting landscape.
Venture Global's Calcasieu Pass Plant in Louisiana Close to Producing LNG
Venture Global is installing 18 modular liquefaction trains configured in nine blocks at Calcasieu to produce about 10 MTPA of LNG. Analysts estimate the plant cost about $4.5 billion.
Energy Transfer to Supply Gas to Texas Power Plants in Feb Freeze Dispute
Energy Transfer has agreed to sell Vistra gas through March 31 under the same terms and conditions in place since Dec. 1.
Lawsuit Alleges Charif Souki Defrauded Tellurian Investor in Short-seller Battle
Tellurian shareholder Chris Parker filed a breach of contract lawsuit with the U.S. District Court in Denver seeking unspecified damages from Chairf Souki, founder of the U.S. LNG company.
Crestwood Promotes CFO Robert Halpin to President Among Several Organizational Changes
In addition to Robert Halpin’s promotion, Crestwood also announced the promotions of Diaco Aviki to executive vice president and COO and Joanne Howard to senior vice president of sustainability and corporate communications.
US Crude Oil Stockpiles Rise for First Time Since November
Crude inventories in the U.S. rose by 515,000 barrels in the week to Jan. 14 to 413.8 million barrels, compared with analysts’ expectations in a Reuters poll for a 938,000-barrel drop.