Industry News

ABGPA Midstream news feed

The Natural Gas Industry is constantly growing and changing, so from time to time ABGPA Midstream and GPA have news that we want to share with our members and the Midstream Community.
 
You can check out our news releases and updated articles from other internet sources regarding the natural gas industry here on our ABGPA Midstream News Feed. Check back often and stay up to date! 

Latest Articles

12/13/2018
The ethane price spread between the Mont Belvieu, Texas, and Conway, Kan., hubs has narrowed to just over a nickel last week from nearly 23 cents per gallon (gal) in early June. Since its six-week tumble from almost 51 cents/gal in mid-September to 31.5 cents/gal in late October, the Mont Belvieu...
12/13/2018
Mountain Valley Pipeline LLC on Dec. 13 announced a 2018 year-end project update, supporting its targeted fourth-quarter 2019 full in-service date and reaffirming a total Mountain Valley Pipeline (MVP) project cost estimate of $4.6 billion. Mountain Valley expects to have approximately 70% of the...
12/13/2018
Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market. PGNiG said the Hoegh Gallant tanker with 65,000 tonnes of LNG is nearing the Baltic Sea terminal of Swinoujscje.
12/13/2018
The global oil market could move into deficit sooner than expected, thanks to OPEC’s output agreement with Russia and others and to Canada’s decision to cut supply, the International Energy Agency said on Dec. 13. The Paris-based IEA kept its 2019 forecast for global oil demand growth at 1.4...
12/13/2018
Rep. Bob Goodlatte, outgoing chair of the House of Representatives Judiciary Committee, pressed the Justice Department’s Makan Delrahim on Dec. 12 to support legislation that would make it easier for the U.S. government to sue to stop OPEC members from pushing up oil prices.
12/13/2018
French energy company Total SA (NYSE: TOT) said it has agreed to sell a 4% stake in its Australian Ichthys LNG project to Japanese partner Inpex Corp. for $1.6 billion, following cost overruns. "This transaction is part of our constant portfolio review to optimize our capital allocation," Arnaud...
12/13/2018
With renewable energy and the growth of electric vehicles set to affect the oil market, there are some legitimate concerns about what the future looks like in terms of investing in the industry. No one can say for sure what the changes will be in 10 years, but a group of panelists during Privcap’...
12/12/2018
As instances of stress corrosion cracking persist, the established Electromagnetic Acoustic Transducers (EMAT) system is still the preferred pipeline inspection technology. The EMAT essentially generates an ultrasonic pulse into the test subject indicating, or not, an occurrence of cracks or...
12/12/2018
The sooner-than-expected startup of the extended Sunrise oil pipeline system in west Texas has shifted flows of crude and boosted inventories in Cushing, Okla., close to a one-year high, with traders now bracing for builds into next year. Full pipelines have kept crude trapped in west Texas, but...
12/12/2018
USD Partners LP said Dec. 12 that it has entered into a three-year agreement at its Casper Terminal with a new multi-national, investment grade customer. The agreement, which was effective in September, contains take-or-pay terms for terminaling and storage services, as well as fees associated with...

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