Enbridge and BP Announce Agreement to Develop Delivery System for Canadian Crude Oil From Illinois to the U.S. Gulf Coast

Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required. The new delivery system is expected to be in service by late 2012 with an initial total system capacity... 

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Enterprise, TEPPCO and Oiltanking Plan Texas Offshore Crude Oil Port and Pipeline System

Enterprise Products Partners L.P. and Oiltanking Holding Americas, Inc. announced they have formed a joint venture to design, construct, own and operate a new Texas offshore crude oil port and pipeline system to facilitate delivery of waterborne crude oil to refining centers along the upper Texas Gulf Coast. The initiative will provide an efficient alternative to offshore lightering and inland dock... 

Tag: teppco terminals, gulf coast metals feeport texas, oil storage terminal houston ship channel, gulf coast refining capacity 2010, terminal storage oil texas

Palin’s new energy

Sarah Palin’s gubernatorial campaign slogan “New Energy for Alaska” promised a fresh look at Alaska’s future and hinted that the energy industry would feature high on her administration’s agenda. But now that the campaign dust has started to settle, it’s worth a look at what the governor-elect said and what it might mean for Alaska’s oil and gas industry. The... 

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Coal gasification options in Alaska

In the portfolio of possibilities for the development of Alaska energy resources, coal gasification has taken a prominent position in the past year. In November 2005 Agrium announced its Blue Sky project, to use coal gasification as an alternative to natural gas to feed its fertilizer plant at Nikiski on the Kenai Peninsula ”” in August the company announced that it was progressing to phase... 

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BP to keep oil flowing from Prudhoe Bay

BP PLC announced it would keep one side of the Prudhoe Bay oil field open as it replaces corroded pipes, enabling it to funnel up to half its previous output and avert a larger crimp in the nation’s oil supply. BP had previously said it would have to completely shut down the nation’s largest oil field after discovering a leak nearly a week ago. The company said Friday it decided to continue... 

Delta Petroleum Corporation Announces Second Quarter Operating Results

Delta Petroleum (Nachrichten) Corporation , an independent energy exploration and development company (“Delta” or “the Company”), today reported operating results for the second quarter and first half of 2006. RESULTS OF OPERATIONS For the quarter ended June 30, 2006, the Company reported net income of $4.2 million, or $0.08 per fully diluted share, and EBITDAX (defined below)... 

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Gas Prices Near Record On Oil Field Loss

The fast rise in oil prices after BP’s announcement that it was shutting down one of its biggest oil fields for repairs that could take months appeared to have leveled off Tuesday morning. Oil prices fell in several markets, but the price was still more than $1 above last week, putting pressure on prices at the pump. Light sweet crude for September delivery on the New York Mercantile Exchange... 

EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 13 – 17, 2006

EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts,... 

ConocoPhillips invests in $4B REX natural gas line

ConocoPhillips has acquired partial interest in a planned 1,663-mile pipeline project that would link rich gas fields in the Rocky Mountains to gas-hungry eastern North American markets. The Rockies Express Pipeline, or REX, would supply the same markets as a proposed 3,600-mile, $25 billion to $30 billion pipeline linking Alaska’s North Slope gas reserves to the Lower 48. The demand for natural... 

EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 13 – 17, 2006

EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts,...