Low crude prices may swamp pipelines
Published by Stephanie Roker,
Editor
World Pipelines,
A report written by John Egan for Industrial Info Resources, discusses how persistently low crude-oil prices may soon swamp oil and gas pipelines as they have for producers and oilfield service companies. Bankrupt producers have asked courts to void contracts signed with pipelines, and the courts are agreeing, though their rulings have been narrow.
Within this article: a list of companies affected by the rulings include Cheniere Energy Incorporated, ONEOK Incorporated, Crestwood Equity Partners L.P., Chesapeake Energy Corporation, and Williams Companies Incorporated.
Read the full article, here.
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/15042016/low-crude-prices-may-swamp-pipelines/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
