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Oil and Gas Storage

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  • LONDON, April 5- Britain's biggest gas storage site ran dry of normal supply on Friday and is using gas usually reserved for the technical operation of the site, National Grid data showed.

  • NYSE stocks posting largest percentage increases Wednesday, 3 Apr 2013 | 1:37 PM ET

    NEW YORK-- A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Niska Gas Storage Partners LLC rose 14.6 percent to $14.40. Genie Energy Ltd. rose 11.5 percent to $11.91.

  • Leak near Colo. plant highlights pipeline problems Wednesday, 3 Apr 2013 | 10:46 AM ET

    DENVER-- Authorities are investigating after construction crews discovered a problem with a liquid gas pipeline that allowed a carcinogen to seep into the ground near a large creek that feeds into the Colorado River. "It's possible that we've narrowly dodged a bullet this time," said Michael Saul, with the National Wildlife Federation.

  • Pipeline Spills Stir New Criticism of Keystone Plan Wednesday, 3 Apr 2013 | 7:20 AM ET
    A weld inspector, fills out paperwork during construction of the Gulf Coast Project pipeline in Prague, Oklahoma, U.S.

    Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.

  • SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.

  • *But refinery capacity expansion boosts China oil appetite. SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.

  • UK gas stocks swell on LNG supplies from Qatar Sunday, 31 Mar 2013 | 7:24 AM ET

    DUBAI, March 31- UK stocks of liquefied natural gas have swollen over the last week, data from National Grid shows, after three big Qatari deliveries helped replenish low heating fuel supplies during the coldest March in over half a century.

  • LONDON, March 27- Intercontinental Exchange and Dutch natural gas infrastructure company Gasunie are jointly launching a European gas and power trading platform, the companies said on Wednesday.

  • NEW YORK, March 26- U.S. natural gas futures ended sharply higher on Tuesday after four straight losing sessions, with chilly weather forecasts for the next week and strong cash premiums to paper driving the April contract to a strong expiration.

  • LONDON, March 26- British wholesale gas prices remained high on Tuesday morning as cold weather kept demand at around 37 percent above the seasonal norm and gas storage levels were extremely low. The high prices were a result of unseasonably low temperatures across Britain for much of March. UK gas demand was expected to be 370 million cubic metres on Tuesday.

  • NEW YORK, March 26- U.S. natural gas futures edged up on Tuesday after four straight losing sessions, with chilly weather forecasts for the next week and strong cash premiums to paper underpinning the April contract ahead of expiration later today.

  • March 25- Magellan Midstream Partners has started storing crude oil in tanks at Crane, Texas, the origin point for the Longhorn pipeline, which it expects to start transporting crude by mid-April, the company said on Monday. The line, which had carried refined products, has been reversed to transport crude to Houston refineries.

  • March 25- Magellan Midstream Partners has started storing crude oil in tanks at Crane, Texas, the origin point for the Longhorn pipeline, which it expects to start transporting crude by mid-April, the company said on Monday.

  • NEW YORK, March 25- Williams Cos Inc said late Friday repairs could begin as early as this week on a small natural gas gathering pipeline that ruptured in rural Marshall County, West Virginia earlier Friday. "Williams officials are on site and beginning the process of determining why the pipe failed," the company said in a statement late Friday.

  • DUBAI, March 24- Three big Qatari liquefied natural gas deliveries should help replenish vital heating supplies for snow-covered Britain this week, but UK gas stocks remain uncomfortably tight with weeks of abnormally cold weather still to come.

  • March 22- A Williams Cos natural gas gathering pipeline ruptured in Marshall County, West Virginia, a spokesman confirmed on Friday. At approximately 12:20 p.m. on Friday, company personnel "detected a possible line rupture on a 24- inch natural gas pipeline near Cameron on Fish Ridge Road," the spokesman told Reuters in an emailed statement.

  • March 22- A Williams Cos natural gas gathering pipeline ruptured in Marshall County, West Virginia, a spokesman confirmed on Friday. At approximately 12:20 p.m. on Friday, company personnel "detected a possible line rupture on a 24- inch natural gas pipeline near Cameron on Fish Ridge Road," the spokesman told Reuters in an emailed statement.

  • BUDAPEST, March 22- Hungary's oil and gas group MOL has signed a letter of intent to sell its 51 percent stake in gas storage company MMBF to the Hungarian government, the company said on Friday.

  • *UK gas storage sites 90 pct empty. LONDON, March 22- Britain's Department of Energy and Climate Change said on Friday gas demand would be met despite an outage on an interconnector link to Belgium and low storage levels.