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Jan 25, 2012

Accidents

Rig fire on 9th day off Nigeria’s coast
Still trying to extinguish a nine-day old fire that consumed the visible part of its rig off Nigeria’s coast and killed two foreign workers. There are plans for a relief well to fight the fire that started last week in.. Pipeline and Gas Journal
Author: Pipeline and Gas Journal, enelsen@oildom.com

Ohioans displaced for a week by gas leak head home
Dozens of residents who were displaced from their northern Ohio mobile home park for more than a week after a gasoline pipeline leak have started returning home. They were evacuated as officials shut down the 8-inch..... 13abc.com
Author: 13abc.com

Alternative Energy

Warren Buffett's Long Quest to Build A Geothermal Power Plant
Here’s a sobering sign of the challenges facing the geothermal industry: Even Warren Buffett has spent the better part of a decade trying to build a single geothermal power plant in California. Forbes.com
Author: Todd Woody

Company News

Warren Buffett is buying solar and Ascent Solar Technologies is Soaring
Warren Buffett favors basic, solid acquisitions for the holdings of Berkshire Hathaway (NYSE: BRK-A) such as railroads, utilities and consumer giants like The Coca Cola Company (NYSE: KO) and Kraft Foods Inc....... Smallcapnetwork.com
Author: SmallCapNetwork.com

Sun Shining on Solar Bets
"Be fearful when others are greedy, and be greedy when others are fearful" In 2011, Warren Buffett's adherence to this belief drove him to invest in some of the most disliked and troublesome companies and industries.... Thestreet.com
Author: Thestreet.com

Buffett company to buy wind farm in Illinois
Berkshire Hathaway Inc.'s energy business agreed to buy an 81-megawatt wind power project from Invenergy Wind LLC to expand production in Illinois. The Bishop Hill II project, which is under construction, will use 50.... Stltoday.com
Author: Stltoday.com

Kinder Morgan Investing $130 Million In New Condensate Processing Plant
Kinder Morgan Energy Partners, L.P. will build, own and operate a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel. Pipeline and Gas Journal
Author: Pipeline and Gas Journal, enelsen@oildom.com

How Alliance Pipeline Is Taking Advantage Of Opportunities While Dealing With Changing Market Dynamics
Shortly after Alliance Pipeline celebrated its 10th anniversary, company President and CEO, Murray Birch, and Bob Blattler, Manager, Supply Development, took time to respond to P&GJ’s questions regarding the company’s... Pipeline and Gas Journal
Author: Pipeline and Gas Journal, enelsen@oildom.com

KGRA Energy, Chesapeake Plan 2MW Alternative Power Generation Installation
KGRA Energy LP, a developer of waste heat recovery power generation projects, will develop a pioneering waste heat recovery project to harness reciprocating engine exhaust heat. Pipeline and Gas Journal
Author: Pipeline and Gas Journal, enelsen@oildom.com

Energy in Government

EPA fines Navy for problem in monitoring underground fuel tanks
The U.S. Environmental Protection Agency has fined the Navy $161,000 for failing to properly monitor pipes and underground fuel storage tanks for leaks at Naval Base Kitsap-Bangor. Kitsapsun.com
Author: Kitsapsun.com

Energy News - Finance, Economics, Investment

Investment opportunity seen in pipelines
New technologies have made it dramatically easier to extract oil and natural gas from ancient shale rock formations in North Dakota, Ohio and other states. JSOnline.com
Author: JSOnline.com

Energy News - North America

More ND Oil Will Be Railed with No U.S. Pipeline
North Dakota oil drillers increasingly will rely on trains to move barrels of crude to market after the Obama administration's decision to reject plans for a pipeline that would run from Canada to refineries on the..... Chem.info
Author: Chem.info

Pipeline Leaks

Residents displaced by pipeline leak can go home
Residents of a northern Ohio mobile-home park have been told they can return to their homes after being displaced for more than a week because of a nearby gasoline pipeline leak. Dispatch.com
Author: Dispatch.com

Gas supply resumes after pipeline leak in S China Sea
China National Offshore Oil Corporation (CNOOC), the country's largest offshore energy explorer, said Friday the company had resumed gas supply from the South China Sea after repairing a leaking pipeline. The supply.... Chinadaily.com.cn
Author: Chinadaily.com.cn

CNOOC 'temporarily repaired' S China subsea gas pipeline leak: report
China's offshore oil and gas producer CNOOC said it has "temporarily repaired" a leak at a subsea gas pipeline at the Zhuhai Hengqin gas processing terminal in southern Guangdong province and partial gas supply has..... Energy China Forum
Author: Energy China Forum

Projects

Shah Deniz Consortium Evaluates Transportation Options For Azeri Gas
Shah Deniz Stage 2 is a giant project that is expected to add a further 16 Bcm/a of gas production to the approximately 9 Bcm/a from Shah Deniz Stage 1. Plans for the Stage 2 project include two bridge-linked offshore... Pipeline and Gas Journal
Author: Pipeline and Gas Journal, enelsen@oildom.com

Jan 24, 2012

Company News

GE Demonstrates Grid Modernization Technologies to Meet Our 21st Century Energy Challenges
This week, GE’s Digital Energy business is in San Antonio, Texas, at one of the largest technology tradeshows for utilities in North America, DistribuTECH 2012 to demonstrate grid modernization technologies that meet... Global Energy Watch
Author: Global Energy Watch

Honeywell Launches Full-Scale Smart Grid Project To Reduce Strain On Electrical Networks In The UK
Honeywell today announced a smart grid project that will help SSE plc connect up to 30 commercial and industrial buildings in the Thames Valley area west of London, and temporarily reduce electricity consumption when.... Global Energy Watch
Author: Global Energy Watch

New licence offshore Greenland for Statoil
Statoil farms into a Cairn Energy operated exploration licence offshore West Greenland. Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during... Global Energy Watch
Author: Global Energy Watch

New MidAmerican unit to lead Buffett's renewables charge
MidAmerican Energy Holdings – the US utility owned by Warren Buffett – has created a new renewables business to underpin the investment tycoon’s growing presence in the clean-power market. Rechargenews.com
Author: Rechargenews.com

Under ‘Chairman Fu,’ Sinopec deal making machine overtakes
“Chairman Fu” is stepping on the gas at Sinopec’s M&A machine. A $2.2-billion deal with U.S. oil and natural gas producer Devon Energy Corp this week is the Chinese group’s 11th deal since June and takes spending on.... The Calgary Herald
Author: Reuters

Mullen Group profits rise 49%
Increased oilpatch activity in Western Canada pushed up Mullen Group's profits by 49 per cent during the third quarter, but recent market volatility had the Okotoks-based service and trucking company taking a cautious... The Calgary Herald
Author: Dina O'Meara, domeara@calgaryherald.com

Partnership sees genesis of crude oil pipeline
Enterprise Products Partners and Genesis Energy plan to build a 240 km, 18 inch diameter crude oil gathering pipeline in the deepwater Gulf of Mexico. Pipelines International
Author: Pipelines International

Energy in Government

Keystone pipeline decision in a word: politics
The U.S. State Department has shifted into fullon damage control in the wake of the reaction to the announcement Washington was turning down TransCanada Corp.'s proposal to build the Keystone XL pipeline. The Calgary Herald
Author: Deborah Yedlin, dyedlin@calgaryherald.com

Energy News - China, Korea

FACTBOX: China energy M&A deals in 2011, 2012
Fast-growing, resource-hungry China continues to invest in oil and gas assets from Canada to Latin America to Australia in 2011, and also sees a few acquisitions in the nuclear sector. The Calgary Herald
Author: Reuters

Energy News - Finance, Economics, Investment

Encana Corp. shares jump on Chesapeake Energy production cut
Shares of Encana Corp. jumped a dollar Monday after U.S. rival Chesapeake Energy said it would be slashing its natural gas spending by 70 per cent. The Calgary Herald
Author: Dina O'Meara, domeara@calgaryherald.com

Apache to buy Cordillera for $2.85 US billion
U.S. gas producer Apache is to buy privately owned oil and gas company Cordillera Energy Partners III in a cash-and-stock deal valued at $2.85 US billion to expand its acreage of oil and petroleum liquid fields. The Calgary Herald
Author: Reuters

Energy News - Middle East

Mid-2012 could see Abu Dhabi pipeline operation
The United Arab Emirates Minister of Energy Mohammed Al-Hamli has said that the operation of the Abu Dhabi Crude Oil Pipeline Project could start as early as May or June, allowing oil exports to bypass the Strait of ... Pipelines International
Author: Pipelines International

Energy News - North America

U.S. oil production to surge on shale output: Energy Information Administration
A boom in shale oil production will raise U.S. domestic crude output by a fifth over the next decade, helping to slash the country’s dependence on foreign oil imports, the U.S. Energy Information Administration said... The Calgary Herald
Author: Reuters

Energy Technology

New concept may herald pipeline cost reductions
DNV has developed a new pipeline concept called X-Stream that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. Pipelines International
Author: Pipelines International

Environment (HSE)

Life 'off the grid' isn’t so hard for University of Calgary professor
University of Calgary professor Ralph Cartar and family have lived off the electricity grid for the past nine years in a home which features solar and wind power. The also heat the house with a masonry stove in the..... The Calgary Herald
Author: Jamie Komarnicki

Pipeline News

South Stream receives Turkish approval
Turkey has granted all necessary and unconditional permits for the proposed South Stream gas pipeline, allowing construction to proceed. Pipelines International
Author: Pipelines International

MoU signed for construction of Trans-Anadolu Gas Pipeline
Azerbaijan and Turkey signed a Memorandum of Understanding for construction of the Trans-Anadolu Gas Pipeline. The ceremony was attended by Azerbaijan’s Industry and Energy Ministry and Turkey’s Energy and Natural... Pipelines International
Author: Pipelines International

Acquisition to fuel Caribbean gas pipeline progress
First Reserve’s Energy Infrastructure Fund has partnered with Beowulf Energy to acquire a majority stake in the Eastern Caribbean Gas Pipeline Co., which plans to construct an approximately 880 km subsea pipeline to..... Pipelines International
Author: Pipelines International

In-line cleaning proves beneficial for Romanian pipelines
T.D. Williamson has completed an in-line crude oil pipeline cleaning and gauging operation in Romania, resulting in significant benefits in the form of increased product flow by reduced pipeline pressure for pipeline.... Pipelines International
Author: Pipelines International

Planes, Trains, & Automobiles

Electric Vehicle Charging Station Market to Grow at Significant Rate in Coming Years
The global market for electric vehicle (EV) charging stations is expected to grow at a significant Compound Annual Growth Rate (CAGR) of 155% during the period 2011-2020. The growth rate for the EV charging station..... Global Energy Watch
Author: Global Energy Watch

Upstream and Rig News

Joint venture targets Beaverhill Lake oil play
A junior player in the emerging Beaverhill Lake tight oil play in northwestern Alberta has teamed up with large cap company believed to be Crescent Point Energy Corp. in a joint venture it estimates is worth $36 million. The Calgary Herald
Author: Dan Healing

World Energy Reports, Discussions, & Predictions

In oil boom, petroleum engineers are the hottest commodity
While millions of college grads look forlornly into the worst U.S. job market in decades, Emily Woner pretty much guaranteed herself one of America’s best-paid postgraduate jobs before she ever set foot on campus. The Calgary Herald
Author: Reuters

How to effectively market your business in the pipeline industry
The high penetration rates and heavy use of the internet in in the world has led to a proliferation of new types of marketing tools that are the perfect complement to traditional marketing. Pipelines International
Author: Pipelines International

OGPSS - Oil and Natural Gas in the Volga-Ural Basin
In the last post on the oil and gas fields of the Northern Caucasus, I commented that one of the reasons that these older oil and gas fields were being further developed was due to the introduction of advanced Western... Bit Tooth Energy
Author: Heading Out (David (Dave) Summers)

OGPSS - future promise of production from Romania
There are violent protests taking place in Bucharest, Romania which carry with them the threat of destabilizing the government, as we have seen in countries which lie further south. But while countries involved in..... Bit Tooth Energy
Author: Heading Out (David (Dave) Summers)

The changing sources for renewable liquid fuels
While it may be way too early to declare a final winner in the race to find replacement renewable liquid fuels to replace the jet fuel and diesel that power so many of the vehicles in the world, there are some..... Bit Tooth Energy
Author: Heading Out (David (Dave) Summers)

Progress of the Russian tanker towards Nome
Since the Russian tanker bringing fuel to Nome, and the accompanying ice breaker started out on Tuesday having sailed 53 miles on Monday, it seemed, with only 100 miles to go, that this drama was over. However it.... Bit Tooth Energy
Author: Heading Out (David (Dave) Summers)

Jan 23, 2012

Energy News - Middle East

Iran slams EU oil embargo, threatens to close Strait of Hormuz
Iran accused Europeans on Monday of waging "psychological warfare" after the EU banned imports of Iranian oil, joining the United States in new sanctions aimed at preventing Tehran from getting nuclear weapons. The Calgary Herald
Author: Reuters