Ngls

Enterprise Products Partners LP said Tuesday it would spend $3.1 billion on four new projects in the Permian Basin to increase midstream capacity and meet growing demand for natural gas and other fossil fuels. The new projects include two natural gas processing plants in the Delaware and Midland sub-basins, a 550-mile Bahia natural gas liquids…

A two-year regulatory ordeal has ended in success for a US$262 million natural gas liquids (NGL) pipeline system that would carry Montney Shale production in northeastern British Columbia (BC) to an Alberta hub. The Canada Energy Regulator (CER) recommended final approval of the 125-mile NEBC Connector, sponsored by NorthRiver Midstream. The dual-pipe connection with 91,000…

Calgary-based Keyera Corp. and Stonepeak Partners LP said their Key Access Pipeline System (KAPS) has ramped up and is moving up to 350,000 b/d of natural gas liquids (NGL) from the Montney and Duvernay formations in Western Canada to a market hub in Fort Saskatchewan. The C$2 billion ($1.5 billion) KAPS project is a “significant…

Kingston Midstream Alberta Ltd. has stepped forward to buy the three-year-old Marten Hills Pipeline System in the Clearwater field in Canada, with the takeover of Rangeland Midstream Canada Ltd. from its Texas owners. The transaction, for an undisclosed amount, is set to be completed by the end of this month. Marten Hills, which was placed…

Greenhouse gas (GHG) emissions shrank while Canadian natural gas and liquids byproduct output grew during the 2012-2021 period, according to government records compiled by the Canadian Association of Petroleum Producers (CAPP). Annual GHG discharges from gas, condensate and lighter fluids production dropped by 22% to 50 million tons in 2021 from 64 million tons in…

The United States have burgeoned as a key energy supplier amid Russia’s war in Ukraine, with petroleum product exports doubling from 2010-2022, and the Energy Information Administration (EIA) is expecting this growth to continue.  In the past year of a major global energy reshuffling, average U.S. petroleum product exports grew 7% to 5.97 million b/d…

Executives at midstreamer Oneok Inc. said they are looking at the midpoint of this year to make a final investment decision (FID) on a pipeline that would transport gas from Texas to Mexico’s west coast. Chief commercial officer Kevin Burdick said “we’re still early in the process from the pipeline’s perspective. It would be an…

Montney and Duvernay shale producers will gain a new pipeline this spring for liquid byproducts of their production in northern Alberta and British Columbia (BC), project leader Keyera Corp. said in its year-end report. Keyera, which reports in Canadian dollars (C$1.00/US 75 cents), said the estimated $2 billion dual line would carry gasoline-like condensate in…

The global natural gas and oil exploration sector had its strongest year in 2022 in a decade as national oil companies and majors focused on taking advantage of what might be a short-term window of opportunity. The sector created some $33 billion of value at $60/bbl Brent prices last year, according to a report from…