US pipeline news
Energy Transfer reports record crude pipeline volumes in Q324
With the addition of new organic growth projects and acquisitions, volumes on Energy Transfer’s assets continued to increase during the Q324.
Wednesday 6 November: Rystad Energy’s oil market update
Victory for Donald Trump in the US election is unlikely to alter the structural tipping points in oil markets for 2025.
Reuters: US crude oil pipeline squeeze boosts prices at Gulf Coast export hub
Reuters has reported that the difference in prices for US shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the export hub on the Gulf Coast, pricing data showed.
EIA: US exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
The US Energy Information Administration has reported that US exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million t in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the US Census Bureau.
WhiteWater reaches final investment decision on Pelican Pipeline
WhiteWater has reached a final investment decision to move forward with the construction of the Pelican Pipeline after having secured sufficient firm transportation agreements with shippers.
ONEOK announces closing of Medallion Midstream acquisition
ONEOK, Inc. has announced the successful completion of its acquisition of Medallion Midstream from Global Infrastructure Partners, for a total cash consideration of approximately US$2.6 billion.
EIA: Crude oil imports from Canada reached a record after pipeline expansion
US imports of crude oil from Canada reached a record of 4.3 million bpd in July 2024 following the expansion of Canada’s Trans Mountain pipeline.
PipeSense and EnControl collaborate to combat gas pipeline leaks
Provider of AI-enhanced pipeline monitoring and leak detection technology, PipeSense, has announced the successful installation of three of its advanced systems across the US.
1PointFive and Enterprise agreement supports development of carbon dioxide pipeline network
1PointFive and Enterprise Products Partners has announced an agreement for the development of a CO2 transportation network to support the Bluebonnet Sequestration Hub that 1PointFive is developing in southeast Texas.
Blackstone in talks to buy US pipeline stakes for US$3.5 billion
Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about US$3.5 billion, says Reuters.