pipelines
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Permian oil output is growing fast, pipeline capacity is full with little relief in sight, truck drivers are in short supply, and the value of basin-produced crude is sinking. Is a drop off in activity—including drilling and production—becoming inevitable?
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Since 9/11, no new rules or regulations have been promulgated to address pipeline or liquified natural gas facility security. Although the Transportation Security Administration recently released an updated version of its "Pipeline Security Guidelines," those guidelines remain advisory.
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The federal agency now charged with overseeing cybersecurity for US pipelines is ill equipped to do the job, say two top regulators who want the role given to the Energy Department.
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As oil production grows by millions of barrels in the Permian, so does the water. A report from Wood Mackenzie offers an estimate of the cost and who will be affected most.
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The Nigerian National Petroleum Corporation announced a three-point smart strategy aimed at ending gas flaring in Nigeria’s oil and gas industry in 2 years.
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The United States is producing a growing share of the world’s oil and gas, with a potential impact that remains uncertain. But continuing infrastructure development and technology advances will be critical in the long term.
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At least four US pipeline companies have seen their electronic systems for communicating with customers shut down over the last few days, with three confirming it resulted from a cyberattack.
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In response to questions from lawmakers on whether federal law adequately provides for the prosecution of "criminal activity against infrastructure," the Department of Justice recently committed to "vigorously" prosecute those who damage "critical energy infrastructure in violation of federal law."
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Additional environmental review of the disputed Dakota Access oil pipeline is likely to take the rest of the year to complete, US officials said in court documents in which they also advocate for keeping the line operating during the study.
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General Electric has launched a subsidiary to develop and sell the use of flying, crawling, and swimming drones for inspections in the oil and gas industry, among others, the company announced.