Wednesday, March 5, 2014

Penn Energy's Today's Headlines 3/5

Today's Headlines
• Gazprom to discontinue gas price discount for Ukraine Facebook Linkedin Twitter Forward to Friend
• BP to establish new business for onshore oil and gas assets Facebook Linkedin Twitter Forward to Friend
• Foster Wheeler awarded LNG import terminal contract in Kuwait Facebook Linkedin Twitter Forward to Friend
• Enbridge plans $7 billion oil pipeline replacement program Facebook Linkedin Twitter Forward to Friend
• Intertek testing used to enhance crude oil rail transportation safety Facebook Linkedin Twitter Forward to Friend
• Capacity increase progress for Transco gas pipeline Facebook Linkedin Twitter Forward to Friend
• AER issues report on 2012 Rainbow Lake crude oil spill Facebook Linkedin Twitter Forward to Friend
• Petrogas acquires Chevron export facility Facebook Linkedin Twitter Forward to Friend


Today's Headlines
Gazprom to discontinue gas price discount for Ukraine
Ukraine is still reportedly in debt to Gazprom for the natural gas supplied to the country last year and had an outstanding debt to repay for current supplies.
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BP to establish new business for onshore oil and gas assets
BP announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48.
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Foster Wheeler awarded LNG import terminal contract in Kuwait
Foster Wheeler has been awarded the pre-front-end engineering design and the front-end engineering design contract for a new onshore LNG import and regasification terminal to be built in Kuwait.
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Enbridge plans $7 billion oil pipeline replacement program
The L3R Program is targeted to be completed by the second half of 2017.
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Intertek testing used to enhance crude oil rail transportation safety
Per DOT Emergency Restriction / Prohibition Order, tests must be able to determine the crude oil's flash point, boiling point, corrosivity to steel and aluminum, and more.
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Capacity increase progress for Transco gas pipeline
The Transco pipeline is the nation's largest-volume interstate natural gas pipeline system.
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AER issues report on 2012 Rainbow Lake crude oil spill
The investigation concluded that the company's initial response to the incident was inadequate for the release size.
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Petrogas acquires Chevron export facility
The Ferndale Terminal has the capability to handle exports and imports of up to 30,000 barrels a day of LPG.
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