Downstream News


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Targa to Sell Interest in Bakken Assets for $1.6B
Tuesday, February 19, 2019 U.S. pipeline company Targa Resources Corp. has entered into a definitive agreement to sell its assets in the Bakken for $1.6 billion.

Governor's Racial Reckoning May Halt Gas Project
Tuesday, February 19, 2019 Virginia Governor Ralph Northam's racial reckoning could spell more trouble for Dominion Energy Inc.'s $7 billion-plus Atlantic Coast gas pipeline.

Indian LNG Importer Might Join Louisiana Project
Thursday, February 14, 2019 India's largest LNG importer might join Driftwood.

Venture Global Pitches Plan for Cheapest US Gas on the Water
Thursday, February 14, 2019 A little-known company is planning to be a standout in the crowded field of US shale gas exports by slashing construction costs for the massive terminals that turn gas into a transportable liquid.

World's Biggest Battery to Boost Solar in Texas
Thursday, February 14, 2019 The world's largest battery could soon be storing solar energy deep in the heart of Texas oil country.

JV to Move Natgas from Eagle Ford to Agua Dulce
Wednesday, February 13, 2019 Howard Energy Partners and NextEra Energy Partners have entered into a joint venture to develop more natural gas transportation opportunities in the Eagle Ford.

Offshore Texas Oil Export Facility Proposed
Tuesday, February 12, 2019 Port facility would be able to handle VLCCs.

Enbridge Pipeline Faces Challenge from Minnesota's Governor
Tuesday, February 12, 2019 Enbridge's Line 3 crude oil pipeline replacement project is facing another potential setback in Minnesota.

Sasol Ups Cost of Lake Charles Project
Friday, February 08, 2019 The facility's price tag has gone up by 4.2 to 6 percent.

Phillips 66 Posts Record Profits
Friday, February 08, 2019 Phillips 66 followed rival refiner Valero Energy Corp. in blowing away investors with an earnings beat.

Golden Pass Supply Contract Goes to BHGE
Thursday, February 07, 2019 A McDermott-Chiyoda-Zachry JV will build the LNG export facility.

$10B-plus Texas LNG Project Gets Go-ahead
Tuesday, February 05, 2019 The Southeast Texas project will create more than 9,000 jobs.

Texas Project Expected to Create Up To 1,850 Jobs
Thursday, January 31, 2019 ExxonMobil has started construction on a new unit at its Beaumont refinery in Texas.

Chevron to Buy Gulf Coast Refinery
Thursday, January 31, 2019 Chevron to add Texas refinery in $350 million deal.

Michigan Gas Shortage Chills Auto Production
Thursday, January 31, 2019 The three largest US automakers suspended some operations after a fire at a Michigan natural gas facility drastically cut their supply of the heating fuel.

Trump Admin Eyes Limiting States' Powers to Block Pipelines
Friday, January 25, 2019 The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to sources.

Shale Slowly Choking Off Historic Gasoline Trade
Tuesday, January 22, 2019 The rise of U.S. shale oil is choking off a historic gasoline trade, dealing a blow to European refineries that for decades have relied on American drivers to buy their excess supplies.

Enbridge Gas Pipeline Fire Causes Damage in Ohio
Monday, January 21, 2019 There was a fire at a natural gas pipeline in Noble County, Ohio which destroyed homes.

Permian Pipeline Open Season Kicks Off
Thursday, January 10, 2019 WhiteWater Midstream's Steady Eddy project would extend for 23 miles in Southeast New Mexico and West Texas.

Pittsburgh-Based EQT Corp. Cuts Staff
Wednesday, January 09, 2019 The natural gas exploration and pipeline transport company said the cuts will generate $50 million in savings.

Louisiana Petchems Unit Starts Up
Monday, January 07, 2019 The fourth AO unit at Shell's Geismar, La., chemical manufacturing site along the Mississippi River has started production.

$92MM Corpus Christi Dredging Contract Awarded
Friday, January 04, 2019 A project to make the Corpus Christi Ship Channel (CCSC) more accessible has taken a major step forward.

Sempra Energy Sells US Natural Gas Storage Facilities
Thursday, January 03, 2019 The San Diego-based energy services company is selling assets in Mississippi and Alabama to ArcLight Capital Partners for $332 million.

US Gulf Refiners Feast on Domestic Oil
Wednesday, January 02, 2019 US light oil has become too cheap for Gulf Coast refiners to pass up.

Mariner East 2 Begins Service
Monday, December 31, 2018 The Mariner East 2 NGL pipeline extending from Eastern Ohio to the Philadelphia area is in service, owner Energy Transfer LP reported.

Amid Export Boom, US Continues Importing Natural Gas
Friday, December 28, 2018 The US may be exporting natural gas at a record clip, but that hasn't stopped it from accepting new imports.

Seaway Holds Open Season Until Jan. 21
Friday, December 21, 2018 According to Seaway, the expansion could provide approximately 100,000 barrels per day of incremental capacity.

Watchdog Finds Shortfalls in US Pipe Security
Wednesday, December 19, 2018 Government auditors found widespread shortfalls in how the Transportation Security Administration protects the US network of pipelines.

Stonepeak and Brookfield In Talks to Buy Tallgrass
Wednesday, December 19, 2018 An investor group that includes Stonepeak Infrastructure Partners and Brookfield Asset Management is considering a deal to buy Tallgrass Energy.

North America LNG Rebound to Continue in 2019
Tuesday, December 18, 2018 North America should lead an expected record year for global LNG project sanctions in 2019, predicts Wood Mackenzie.

Sleepless Nights for US Gas Traders
Tuesday, December 11, 2018 Welcome to the new world market for natural gas, where computers never sleep and, apparently, neither do traders.

Maiden LNG Cargo Leaves Corpus Christi
Tuesday, December 11, 2018 Cheniere reports that the first commissioning cargo of LNG has loaded and departed from its Corpus Christi liquefaction terminal.

Louisiana Offshore Port Ships Most Oil Ever on Supertankers
Friday, December 07, 2018 The Louisiana Offshore Oil Port is pushing out the most crude it's shipped in any one month since the terminal began supertanker exports in February.

Louisiana LNG Contract Goes to Kiewit
Friday, December 07, 2018 Kiewit has won the EPC contract for Venture Global's Calcasieu Pass LNG export project.

Bakken Refinery Contract Goes to McDermott
Thursday, December 06, 2018 McDermott International will finalize the FEED for the grassroots Davis Refinery in the Bakken formation.

US Becomes a Net Oil Exporter for First Time in 75 Years
Thursday, December 06, 2018 America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal.

Permian Pipeline to Access Texas Deepwater Ports
Friday, November 30, 2018 Jupiter Energy Group has launched its 90-day open season for binding shipper commitments on the Jupiter Pipeline

Alaska Earthquake Threatens Oil Exports
Friday, November 30, 2018 A magnitude 7 earthquake struck Alaska early Friday, shutting the state's most important oil pipeline.

Trump Boosts Biofuel Quotas
Friday, November 30, 2018 The Trump administration ordered oil companies to blend more renewable fuel into gasoline and diesel next year.

EPA to Keep Exempting Refineries From Biofuel Mandates
Wednesday, November 28, 2018 The Trump administration has decided to keep waiving some oil refineries from US biofuel mandates.

Williams Seeks Buyers for Stake in Wyoming Pipeline
Wednesday, November 28, 2018 Williams Cos. is seeking buyers for its stake in Jackalope Gas Gathering Services.

Par Pacific Buys US Oil and Refining for $358MM
Tuesday, November 27, 2018 Par Pacific's acquisition of Tacoma, WA based US Oil will significantly boost the company's mainland refining and logistics presence.

Louisiana Port Developers Acquire Site
Tuesday, November 27, 2018 The Plaquemines Liquids Terminal would open up to 20 million barrels of storage for both crude oil and refined products and export facilities capable of loading Suezmax and VLCC vessels.

EPA to Hold Biofuel Quotas for Gasoline Steady for 2019
Tuesday, November 27, 2018 The Trump administration is set to order refiners to use 15 billion gallons of conventional renewable fuels.

Corpus Christi Port Project Nears Funding Halfway Point
Monday, November 26, 2018 The Corpus Christi Ship Channel Improvement Project will cost an estimated $360 million.

Florida LNG Project Clears Hurdle
Wednesday, November 21, 2018 An aerial rendering of the Jacksonville Export Project. SOURCE: Business Wire

China's Tariffs: A Headache for the Next Wave of US Natgas Export Projects?
Tuesday, November 20, 2018 What effect will Trump's tariffs have on US LNG exporters in particular and LNG trade?

US Gasoline Price Approaches Level for Last Thanksgiving
Tuesday, November 20, 2018 AAA contends that motorists should add cheaper gasoline prices to their list of 'things for which to be thankful' this Thanksgiving.

Corpus Christi LNG Export Facility Starts Production
Friday, November 16, 2018 Cheniere Energy has begun producing LNG from its Corpus Christi Liquefaction project in Texas' Coastal Bend region.

Lagging Gas Storage Finally Triggers Market Reaction
Thursday, November 15, 2018 The reality of the low level of supplies has suddenly awoken gas prices from their months-long slumber.