Tag: downstream
EQT names Robert McNally as president and CEO
EQT Corporation (EQT), recently announced that Robert J. McNally, EQT’s current Chief Financial Officer, will become President and Chief Executive Officer upon completion of the Company’s upstream and midstream business separation.
East Coast buyers purchasing West Texas Crude
U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to discounts for West Texas crude. These refiners are also looking to bring in more shale oil more via rail, however, supply bottlenecks are making it difficult to secure more barrels.
Magellan expands pipeline system
Magellan Midstream Partners, L.P. plans to expand the western leg of its refined petroleum products pipeline system in Texas to handle incremental shipments of gasoline and diesel fuel to demand centres in Abilene, Midland/Odessa and El Paso, Texas and New Mexico.
$142bn to be spent on North American oil & gas fields
GlobalData, a data and analytics company, has reported that over USD $142 billion will be spent on 97 upcoming oil and gas fields between the years of 2018 and 2025.
Kimray Inc. adds new product line
The Oklahoma City-based oil-field valve manufacturer, Kimray, Inc. is now expanding into the pipeline market with a wider range of valve offerings.
Valves modified & repaired for NGL pipeline
The Cayenne Pipeline, which is a joint venture between American Midstream Partners LP (AMID) and Targa Resources Corp.
Construction on Bayou Bridge Pipeline may begin soon
Energy Transfer Partners (ETP), the owner of the Bayou Bridge Pipeline, is confident that the pipeline is close to being green lit and that construction could even begin within the next few weeks.
Chevron sells Canadian downstream fuel business
Chevron Corp., a large US-based oil company, recently sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp.
Mexico pipeline boom
Last year, new laws in Mexico have made it easier for foreign companies to export gas to Mexico. There’s been more than $10 billion of planned or completed pipeline investments announced by companies such as Dallas-based Energy Transfer Partners LP.
Enbridge adds 17 new valves to pipeline
Enbridge Inc. has asked Canadian regulators for permission to start up a pipeline by late June 2015 that would ship crude oil from Western Canada to refineries in Eastern Canada, a move that had been delayed by concerns over pipeline safety measures.