Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.
Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks
Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.
USD Partners Sells Wyoming Crude Storage, Rail Terminal
USD Partners divested a crude oil storage, blending and railcar-loading terminal in Casper, Wyoming, and plans to use the proceeds to pay down debt.
Drexel Hamilton To Invest In Utah Oil-By-Rail Plan
Investment firm Drexel Hamilton Infrastructure Partners LP and rail operator Rio Grande Pacific Corp. have unveiled plans to partner on the financing and construction of a rail line for shipping heavy crude from Utah.
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Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.
Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks
Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.
USD Partners Sells Wyoming Crude Storage, Rail Terminal
USD Partners divested a crude oil storage, blending and railcar-loading terminal in Casper, Wyoming, and plans to use the proceeds to pay down debt.
US Northeast Faces Potential Energy Shortages as Rails Start to Shut
The upper Northeast relies on rail for shipments of crude oil, natural gas and fuel products more than other regions because of a lack of pipelines.
New Fortress' US Permit to Ship LNG by Rail Could Expire Soon
Even if LNG by rail does not work, New Fortress could still transport LNG to the port by truck.
Baker Hughes, NOVATEK to Develop Lower Carbon Hydrogen Solution for LNG Trains
Baker Hughes and PAO NOVATEK have signed a cooperation agreement on Feb. 1 aimed at reducing carbon emissions from natural gas and LNG production.
Trump Issues Permit for Railway Connecting Canada’s Oil Sands to Alaska Ports
U.S. President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from Canada’s oil sands to ports in Alaska, a project that still faces numerous hurdles.
Trump Endorses Canada-to-Alaska Railway to Free Landlocked Oil
Options to move crude from Canada, the world's fourth-largest producer, are useful, but A2A is "a very challenged project," said Dennis McConaghy, a former pipeline executive at TransCanada, now known as TC Energy.
DAPL Shutdown May Revive Oil-By-Rail Industry
Those with tank cars may feel fortunate, but bringing back furloughed workers may depend on the length of the shutdown.
Pipeline Regulator Strikes Down Washington State’s Crude-by-Rail Safety Limits
PHMSA says the state’s limits on vapor pressure won’t reduce the chance of explosions.