Prime

The continued uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggest that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.

Japanese Prime Minister Shinzo Abe said his country wants to be included in the Trans-Pacific Partnership (TPP), which could hasten the export of liquefied U.S. gas to Japan. TPP currently encompasses 11 nations in Asia and the Americas. Randy Bhatia, an analyst with Capital One Southcoast, said Japan’s membership in TPP could boost efforts to export LNG to the country.

At a summit in Washington, DC, Monday, President Obama, Canadian Prime Minister Stephen Harper and President Felipe Calderon of Mexico pledged to promote greater energy cooperation among the countries.

Oil, natural gas and natural gas liquids (NGL) aren’t the only commodities on the minds of producers. These day’s they’ve been thinking about water, too — a lot actually.

Enterprise Products Partners LP said it plans to build an 80-mile extension of its 350,000 b/d Eagle Ford Shale crude oil pipeline, which would allow the partnership to serve production in the southwestern portion of the play. The Phase II project would originate in Wilson County, TX, at the terminus of the previously announced 140-mile Phase I segment, and extend to near Gardendale, TX, in La Salle County, where a new central delivery point is planned that would feature 500,000 bbl of storage. Phase I is on schedule to begin service by the second quarter of 2012 with Phase II set to commence operations in the first quarter of 2013. When completed, the approximately 220-mile crude oil pipeline system would provide Eagle Ford producers with access to the Texas Gulf Coast refining complex through Enterprise’s network. The Phase II extension, which is being designed with a capacity of 200,000 b/d, is anchored by a 10-year agreement with Chesapeake Energy Marketing Inc., which has committed to 100,000 b/d of firm capacity.

Canadian producers have won an exceptionally hard-fought battle — which escalated into a human rights dispute — in a continuing war to maintain a prime drilling target, “sour” reserves laced with lethal hydrogen-sulphide.

Canadian producers have won an exceptionally hard-fought battle — which escalated into a human rights dispute — in a continuing war to maintain a prime drilling target, “sour” reserves laced with lethal hydrogen-sulphide.

In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.

In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.