BP plc decided last week to ditch its dense business organization to zero in on its main businesses: the upstream and the downstream.
Articles from Zero
Cheyenne Plains took system flows to zero Monday after experiencing a “facility outage” at Cheyenne Plains Compressor Station during the weekend. It is not accepting nominations for deliveries to either CIG or Wyoming Interstate Co. until further notice.
Vector Pipeline said for Wednesday deliveries would be restricted to 640,000 Dth/d at Dawn and zero at Courtright until the pipeline is able to run a cleaning pig. Excluding the St. Clair delivery point, this restriction does not impact receipts and/or deliveries at any other locations on the Vector U.S. system.
The odds that had once favored a spring natural gas “mega-glut” have suddenly dropped to zero, and the late surge of extreme cold weather will impact North American gas markets through most of the year, Stephen Smith Energy Associates said last week.
The odds that had once favored a spring natural gas “mega-glut” have suddenly dropped to zero, and the late surge of extreme cold weather will impact North American gas markets through most of the year, Stephen Smith Energy Associates said Wednesday.
After sub-zero cold set back construction several weeks, the second segment of the first leg of the Rockies Express Pipeline (REX) project finally entered service last Wednesday, providing significant new transportation capacity within the region, operator Kinder Morgan Energy Partners (KMP) said. However, until the eastern extension of the massive REX system enters service, Rockies production could face the age-old problem of finding a regional exit door.
After sub-zero cold set back construction several weeks, the second segment of the first leg of the Rockies Express Pipeline (REX) project finally entered service on Wednesday, Kinder Morgan Energy Partners (KMP) said. The system will provide significant new transportation capacity in the region, but until the eastern portions of the massive REX system enter service producers could face the age-old problem of getting their gas out of the region.
As the northern Plains, the Great Lakes and the Northeast continued to suffer through an arctic cold wave with temperatures as low as 42 below zero, the natural gas futures market on Monday recorded modest gains while watching the cash market soar to near record highs at some points (see related story). March natural gas futures finished Monday’s regular session 15.8 cents higher at $7.634 after putting in an overnight high at $8.030.
ANR notified its interruptible storage customers under Rate Schedules DDS and MBS that they must reduce their remaining inventory to zero by Oct. 31. ANR will continue to allow infield transfers to and from DDS and MBS accounts if the transfers do not cause account balances to exceed 35% of their June 14 allocated balance, as long as the accounts are emptied by Oct. 31. A daily restriction on interruptible injections that was implemented June 12 (see Daily GPI, June 13) remains in effect until further notice, ANR said.
Westcoast reported experiencing “some souring issues” at the McMahon Gas Plant. The plant was at zero throughput as of early Friday afternoon but was in the process of ramping operations back up, the pipeline said. Customers were not asked to adjust their McMahon business, but “upstream customers will experience higher pressures as we recover from this event,” it added.