Downstream News

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Trump Trade War Threatens US Natural Gas Exporters
Tuesday, August 14, 2018 This winter could be a bleak one for America's natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.

Apache and Kayne Anderson Create $3.5B Pipeline Company in the Permian
Thursday, August 09, 2018 Apache is contributing its midstream assets to form a new pipeline company with investment firm Kayne Anderson.

Report: Pricier Fuel Doesn't Drive Car-Buyers to Smaller Vehicles
Thursday, August 09, 2018 Car-buyers consider three factors in their purchase, but fuel price isn't one of them, according to a new report.

Tellurian Plans to Start Building Louisiana LNG Export Plant in 2019
Wednesday, August 08, 2018 Driftwood is one of more than two dozen LNG export projects under development in the United States.

Plains to Bring Permian Projects Online Early Amid Pipeline Bottlenecks
Wednesday, August 08, 2018 Plains All American Pipeline LP said two West Texas crude pipeline projects would begin partial operations slightly ahead of their original schedules.

Enbridge Expects $7B of Projects to Come into Service This Year
Monday, August 06, 2018 Energy delivery company Enbridge Inc expects $7 billion of projects to come into service this year.

Walmart's Eager for Green Power, But the US Has a Coal-Loving President
Monday, August 06, 2018 Walmart Inc. promised to get half its power from solar and wind by 2025. If successful, Walmart would leap over Google to become the world’s top green-energy buyer.

OPINION: Trump's SAFE Fuel Rule Proposal Is Anything But
Monday, August 06, 2018 The Trump administration's proposal to relax vehicle pollution standards got me thinking about the oil price. I don't mean where it's going, but what it is.

US Court Vacates Two Permits for Dominion Atlantic Coast Natgas Pipe
Monday, August 06, 2018 A U.S. appeals court vacated decisions by two federal agencies that allowed Dominion Energy Inc to build natgas pipeline.

$3.7 Billion Shale Gas Pipeline at Risk of Overhaul Due to Delay
Monday, August 06, 2018 A $3.7 billion pipeline in America's biggest shale gas play could be rerouted after a federal agency ordered all work on the project to stop.

SoCalGas Lifts Cost of Aliso Canyon Natgas Leak to Over $1 Billion
Monday, August 06, 2018 Southern California Gas Co (SoCalGas) raised the estimated cost for the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.014 billion.

New York Shuts Down Brand New Gas-fired Power Plant
Friday, August 03, 2018 A pipeline began delivering gas to the 680-megawatt gas-fired power plant last month.

Worker Dies from Injuries in West Texas Pipeline Blaze
Friday, August 03, 2018 The explosions occurred late Wednesday morning, when workers from two pipeline companies were investigating a underground gas leak.

Texas Pipeline Blaze Put Out After 7 Hospitalized; Explosions Probed
Thursday, August 02, 2018 Authorities on Thursday were investigating what caused a fire and a series of natural gas pipeline explosions in Midland County, Texas.

HollyFrontier Misses Profit Estimates Hurt By Outage
Thursday, August 02, 2018 HollyFrontier Corp's quarterly profit misses analysts' estimates.

Magellan Midstream Partners Profit Beats Expectations
Thursday, August 02, 2018 Magellan Midstream Partners LP reports quarterly profit that topped analyst expectations.

Tallgrass Eyes Linking Cushing to Louisiana Gulf Coast
Wednesday, August 01, 2018 Seahorse would be Tallgrass' first pipeline to the Gulf Coast, a company spokesperson confirmed.

US EPA Head Wants Car Industry, States To Compromise On Emissions
Wednesday, August 01, 2018 Acting US EPA chief Andrew Wheeler told lawmakers he would welcome any deal between the auto industry and states like California.

Enterprise Products Partners To Expand Seaway Pipeline Capacity
Wednesday, August 01, 2018 Enterprise Products Partners LP says it will expand its Seaway crude pipeline system capacity to about 950,000 barrels per day.

AP: TransCanada Inspects Keystone Pipeline Section Near Spill Site
Wednesday, August 01, 2018 TransCanada Corp is inspecting a portion of its Keystone oil pipeline in South Dakota.

EIA: US Crude Inventories Rise Unexpectedly As Imports Jump
Wednesday, August 01, 2018 US crude stocks rose last week as imports jumped, while gasoline stocks decreased and distillate inventories rose, the EIA says.

Contract for Louisiana Methanol Plant Goes to KBR
Tuesday, July 31, 2018 KBR will provide FEED services for Methanex's potential 'Geismar 3' methanol plant.

Expanded West Texas Expansion Adds $200 Million to MMP's Project Cost
Monday, July 30, 2018 The expanded western leg of MMP's Texas refined products pipeline system will boast a 175,000-bpd rather than 150,000-bpd capacity.

KKR, Williams to Buy Shale Pipe Operator for $1.2B
Monday, July 30, 2018 KKR & Co. and Williams Cos. agree to buy a Colorado pipeline and services provider from TPG Growth.

Phillips 66's Profit Beats On Higher Refining Margins
Friday, July 27, 2018 Phillips 66's quarterly profit topped analysts' estimates as cheaper crude prices boosted refining margins by more than 45%.

Trump: Europe to Become 'Massive' Buyer of U.S. LNG
Thursday, July 26, 2018 Europe will build more terminals to import US LNG, the head of the European Commission told US President Trump during a meeting aimed at averting a transatlantic trade war.

ExxonMobil Adds 'Notch' with Baytown Cracker
Thursday, July 26, 2018 ExxonMobil has officially begun production at its new ethane cracker in Baytown, Texas, the company reported.

EQT Delays W.V.-Va. Mountain Valley Natgas Pipe Completion To 1Q
Thursday, July 26, 2018 EQT Corp says it delayed the targeted completion of its $3.5-$3.7 billion Mountain Valley natural gas pipeline.

Valero, Marathon Beat Profit Estimates As Refining Margins Rise
Thursday, July 26, 2018 Two of the biggest independent oil refiners in the US beat Wall Street profit estimates.

Familiar Faces to Lead Merged Marathon-Andeavor
Wednesday, July 25, 2018 The merged company will be led by eight current MPC and three current Andeavor executives.

Dominion Atlantic Coast Natgas Pipe On Track For Late 2019 Start
Wednesday, July 25, 2018 Dominion Energy says that its $6-$6.5B Atlantic Coast natural gas pipeline from West Virginia to Virginia and North Carolina remains on track.

EIA: US Crude Inventories Slump 6 MMbbls To Feb 2015 Low
Wednesday, July 25, 2018 US crude oil inventories last week tumbled more than expected to their lowest level since 2015.

US Clears Path For Faster Natural Gas Exports To Latin America
Wednesday, July 25, 2018 The US Energy Department cleared the way for faster approval of small scale exports of natural gas including LNG to Latin American countries.

US Refiners Boost Purchases Of CPC Blend To Record As Prices Drop
Monday, July 23, 2018 US refiners will import a record monthly volume of crude from the Caspian region in July.

Court: US EPA Wrongly Denied Biofuel Waiver For W. Virginia Refinery
Friday, July 20, 2018 The US EPA must reconsider its denial of small West Virginia refinery Ergon's application for an exemption from US biofuel laws.

API: US Producers, Refiners Made History Last Month
Thursday, July 19, 2018 Domestic crude oil, NGL production hit unprecedented levels in June 2018, according to API.

Kinder Morgan Reports Delay in Georgia Project's Start Up
Thursday, July 19, 2018 The Elba Liquefaction Project near Savannah, Ga., will be starting up a bit later than anticipated.

Williams To Appeal FERC Denial On Penn.-NY Constitution Natgas Pipe
Thursday, July 19, 2018 Williams Cos Inc says its partners still support construction of the Constitution natural gas pipeline.

ETP Mariner Liquids Pipe Racks Up More Pennsylvania Violations
Wednesday, July 18, 2018 Pennsylvania environmental regulators issue another notice of violation to Energy Transfer Partners LP's Sunoco Mariner East 2 natural gas liquids pipeline.

Permian Pipeline Builder to Challenge US Steel Tariff Exemption Rejection
Tuesday, July 17, 2018 Plains All American Pipeline LP's request for an exemption from steel-import tariffs was rejected by the US government.

Offshore Texas Oil Terminal Could Load Asia-, Europe-bound VLCCs
Tuesday, July 17, 2018 One VLCC can hold the equivalent of nearly one-fifth of daily US oil production.

US Oil Boom Delivers Surprise For Traders - And It's Costly
Monday, July 16, 2018 The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount.

TransCanada Says Blast-damaged Leach Natgas Pipe Back in Service on July 15
Friday, July 13, 2018 The Leach shutdown forced producers using the line to find other pipes to ship gas out of the Marcellus and Utica shale regions of Pennsylvania, West Virginia and Ohio.

Industry Group Reps Hope US, China Resolve Trade War
Thursday, July 12, 2018 Newest proposed tariffs would affect $200 billion in Chinese imports to the United States.

Pennsylvania Rejects Buckeye Plan to Partly Reverse Fuel Pipeline
Thursday, July 12, 2018 Some Philadelphia-area refiners such as Philadelphia Energy Solutions and Delta Air Lines subsidiary Monroe Energy opposed the reversal.

West Texas Refinery Project Adds Solar Component
Wednesday, July 11, 2018 New solar facility could supply electricity to refiner, grid, says MMEX Resources.

EPA Scraps Detailed Plan To Force US Refiners To Blend More Biofuels
Wednesday, July 11, 2018 The US EPA ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019.

CME, Cheniere To Develop First US LNG Futures Contract
Tuesday, July 10, 2018 CME Group says it will develop the first physically deliverable US LNG futures contract as growing worldwide demand has made the United States a key LNG exporter.

Trump Effort to Lift US Offshore Wind Sector Sparks Interest - From Europe
Thursday, July 05, 2018 The Trump administration wants to fire up development of the U.S. offshore wind industry by streamlining permitting and carving out vast areas off the coast for leasing.

Oil CEOs Are Making Their Case Against Being Sued Over Climate
Thursday, July 05, 2018 Leaders of the world's largest oil companies want everyone to know it won't do anyone any good to make them pay for the damages of climate change.