Crestwood Equity, First Reserve announce joint venture on new West Texas pipeline

A joint venture between a Houston pipeline company and an investment banking firm will finance a $170 million pipeline project that will bring natural gas from New Mexico to Texas, the companies announced on Wednesday. Crestwood Equity Partners, the pipeline operator, and First Reserve, an energy investment firm, will build a cryogenic gas processing plant …

California is a better market for Trans Mountain-transported crude than Asia

  • TMX’s terminal port cannot receive super tankers, reducing competitiveness in Asia
  • California’s heavy crude output is declining
  • Albertan crudes will become increasingly competitive against Mexico’s Maya in PADD 5
  • Blending with Bakken crudes would let Albertan crudes replace declining Alaskan output
  • Californian fuel standards give oil sands operators that are lowering carbon intensity an edge
  • WCS in pole position to become new heavy sour benchmark in the U.S.

The post California is a better market for Trans Mountain-transported crude than Asia appeared first on Alberta Oil Magazine.

B.C. approves expansion of TransCanada’s natural gas pipeline

The B.C. government has approved the proposed expansion of a natural gas pipeline in the province’s northeast. The province says it has issued an environmental assessment certificate for TransCanada’s Towerbirch expansion project, which carries natural gas from B.C. across North America. The line stretches 87 kilometres from near Dawson Creek and into northern Alberta. TransCanada […]

Pipeline explodes in South Texas

REFUGIO —  — A natural gas pipeline has exploded in South Texas, in a fiery display that lit up the sky and could be seen for miles. Texas Department of Public Safety Sgt. Nathan Brandley says the explosion occurred early Wednesday near Refugio (ray-FYOO’-ee-oh), a rural community north of Corpus Christi, about 15 miles from …