Biden blocks Keystone XL pipeline, prepares action on a host of oil and gas regulations
President Biden issued a lengthy executive order to block the proposed Keystone XL Pipeline, initiate the steps toward tougher regulations of air emissions from oil and gas operations, and generally reverse Trump policies that had reversed Obama policies.
Congress passes omnibus legislation including pipeline regulatory update
Congress passed bills to revise and reauthorize pipeline safety regulation and promote energy research and development Dec. 21 as parts of a legislative package including an omnibus federal spending bill and a pandemic relief bill.
Pinnacle to build greenfield Midland basin gas gathering
Pinnacle Midstream II LLC will build its greenfield Dos Picos natural gas gathering system in Midland basin, underpinned by a 15-year acreage commitment from Double Point Energy LLC. Dos Picos is expected to come into service second-quarter 2021.
Pin Oak Midstream acquires northwest Pennsylvania assets from LLM
Pin Oak Energy Partners LLC subsidiary Pin Oak Midstream LLC closed a deal with Laurel Mountain Midstream LLC (LMM), a joint venture of Williams Laurel Mountain LLC and Chevron Northeast Upstream LLC, to acquire LMM’s Jackson Center assets.
Neptune begins installing heated North Sea crude production line
Neptune Energy has begun installation of a heated subsea production pipeline in the Norwegian sector of the North Sea. Once completed, the 36 km electrically trace-heated pipe-in-pipe line will transport oil from Fenja field to the Njord A platform.