NOLA Oil Terminal LLC has begun construction on the first phase of a $930 million oil and refined products terminal on the Mississippi River in Plaquemines Parish, LA. “NOLA Oil Terminal will be the first of its kind in the region, allowing Mississippi River access for much larger vessels, such as the New-Panamax and the…
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USMCA Launches Amidst Frayed Relationship Between Mexico Government, Private Sector
Officials in Mexico celebrated the launch of the U.S.-Mexico-Canada Agreement (USMCA) on Wednesday, as the revamped North American Free Trade Agreement (NAFTA) treaty took effect after years of negotiations. “This is going to be one of the motors of the relaunch of the Mexican economy,” Mexican Finance Minister Arturo Herrera said in a virtual address.…

ExxonMobil Builds Woodford War Chest
ExxonMobil Corp.’s quest to remain the biggest operator in the Ardmore Basin’s Woodford Shale remains on track after the super major agreed to pay $147.5 million to buy the bulk of BNK Petroleum Inc.’s leasehold in the Tishomingo Field.
OxyChem Contracts for Texas Ethane Cracker Engineering
CBI said it has been awarded contracts by Occidental Chemical Corp. (OxyChem) for the technology license, basic engineering and front end engineering and design services for a proposed new ethane cracker that is anticipated to have capacity of 1.2 billion pounds per year of ethylene.
Keystone XL Re-Application to Feds Two Months Away
The promised re-application of a newly split two-part Keystone XL oil pipeline project to the U.S. State Department is still six to eight weeks away, a Calgary, Alberta-based spokesperson for TransCanada Corp. told NGI’s Shale Daily.
GAO Calls for More Port Security as LNG Traffic Grows
Although significant steps have been taken both internationally and domestically to protect liquefied natural gas (LNG), refined product and crude oil tankers from terrorist attacks in recent years, major challenges still exist as the LNG tanker traffic into the United States grows, the Government Accountability Office (GAO) said last week.
GAO Calls for More Port Security as LNG Traffic Grows
Although significant steps have been taken both internationally and domestically to protect liquefied natural gas (LNG), refined product and crude oil tankers from terrorist attacks in recent years, major challenges still exist as the LNG tanker traffic into the United States grows, the Government Accountability Office (GAO) said.
Rules Refined for Alaska Pipeline Open Season
FERC last Wednesday refined a final rule issued earlier this year that outlines the open season steps potential sponsors must follow when allocating transportation capacity on a long-line system stretching from Alaska’s North Slope to markets in the Lower 48 states.
Rules Refined for Alaska Pipeline Open Season
FERC on Wednesday refined a final rule issued earlier this year that identified the open season steps potential sponsors must follow when allocating transportation capacity on a long-line system stretching from Alaska’s North Slope to markets in the Lower 48 states.
Williams Energy Partners Gives Greater Control to Unitholders
Tulsa, OK-based Williams Energy Partners LP (WEP), a partnership that transports and stores refined products and ammonia, sought to distance itself from troubled Williams Cos. Inc. last week by making changes to its partnership agreement to give greater control to unitholders.