Kinder Morgan’s Products (SE) Pipe Line, which was shut Oct. 1 after a leak was discovered, spans from Louisiana to Virginia and has the capacity to carry more than 700,000 bbl/d of gasoline, jet fuel and diesel.
Pennsylvania Attorney General Josh Shapiro charged Energy Transfer with several counts of environmental crimes that Shapiro says occurred during the Marine East pipeline expansion.
U.S. Energy Secretary Jennifer Granholm also did not rule out a ban on crude oil exports, which was lifted in 2015 when Obama was president. “That’s a tool that we have not used, but it is a tool as well,” Granholm said in the FT report.
“A lot of the crude build seems to have gone to increased inputs into refineries,” said Bob Yawger, director of energy futures at Mizuho, following an EIA report on U.S. crude oil and gasoline inventories.
Biden administration plans to restore provisions of the National Environmental Policy Act regulations.
EPIC Y-Grade LP has completed its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical, the company said on Oct. 5.
Activist investor Carl Icahn blasts the Questar Pipeline transaction, which follows the terminated deal with Berkshire Hathaway.
Stonepeak is offering $17 per unit to acquire all the issued and outstanding common units in Teekay LNG, one of the world’s largest independent owners and operators of LNG carriers.
Line 5 is governed by a provisions of the agreement guaranteeing uninterrupted transit of light crude oil and NGL between the two countries, Canada’s Foreign Affairs Minister Marc Garneau said in a statement.
Proceeds from the GIP investment will be used to fund the organic growth of Easton Energy’s asset base and other strategic growth opportunities, with a tailored delayed draw structure to support both existing and future growth projects.