Trafigura AG Has Started Shipments Through The New Cactus II Pipeline System.

Trafigura AG Trafigura AG said on Monday it has started shipments of Permian basin crude to the Corpus Christi oil hub in Texas via the new Cactus II pipeline system.

(Reuters) - Global commodities trader Trafigura AG said on Monday it has started shipments of Permian basin crude to the Corpus Christi oil hub in Texas via the new Cactus II pipeline system. 

Trafigura signed a long-term agreement with pipeline operator Plains All American Pipeline LP last year to transport a total of 300,000 barrels per day (bpd) of crude and condensate on the pipeline.The company will be shipping full contractual volumes on the line, which has a capacity of 670,000 bpd.

The Cactus II line is likely to see flows of about 300,000 bpd through August, and is likely to be near capacity by September, market sources have estimated. Trafigura is one of the biggest exporters of U.S. crude and routinely ships barrels overseas.



The Cactus II pipeline is the first of three large pipelines expected to start up this year from the Permian Basin, the biggest in the United States, and is expected to alleviate a bottleneck that had depressed regional prices for more than a year. 

 West Texas Intermediate (WTI) prices in Midland, Texas have strengthened to a premium compared with U.S. crude futures ahead of the pipeline's startup. On Monday, prices were seen at a premium of about 20-25 cents a barrel to futures, dealers said. As Midland crude strengthens to a premium, traders also expect the arbitrage window to ship barrels to Cushing, Oklahoma, the delivery point for U.S. crude futures, to eventually shut.

Prices in Cushing have rallied over the past two weeks, with U.S. crude futures' discount to Brent trading near $4 on Monday, the smallest since March 2018

Read More

8:19:00 AM | 0 comments

BREAKING NEWS Tanks On Fire in Pecos Texas, USA. No Injuries reported

 

Tanks on Fire in Pecos TX, Accident happened when Oil truck caught fire between a bunch of oil tanks, until this article posted. No one injured in this acident. Keep Working safely.

Related Article : 

Trafigura AG Has Started Shipments Through The New Cactus II Pipeline System.

Read More

9:58:00 AM | 0 comments

A Regional Gas Pipeline Ruptured Early Thursday in Kentucky, USA

JUNCTION CITY, Ky. (AP) — A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said.

Some structures were completely consumed by the blaze, and five to seven people were unaccounted for when firefighters extinguished the flames hours later, Lincoln County Emergency Management Director Don Gilliam said.

"The part of the area that has been compromised, there's just nothing left," Gilliam said when asked whether residents might return to their trailer homes. "The residences that are still standing or damaged will be accessible. There doesn't really look like there's any in-between back there. They're either destroyed or they're still standing."

The 30-inch (76-centimeter) wide pipeline moves natural gas under such high pressure that the flames reached about 300 feet in the air and could be seen throughout the county, he said.

The explosion around 1 a.m. was so huge that it showed up on radar, according to a tweet from WKYT-TV meteorologist Chris Bailey. It took hours for firefighters to douse the flames, with trucks repeatedly refilling their tanks and returning to the scene.

Emergency managers said the rupture involved the Texas Eastern Transmission pipeline, which is owned and operated by Enbridge. The pipeline stretches more than 9,000 miles, from the Mexican border in Texas to New York City. A statement from the company based in Calgary, Canada, said "Enbridge is aware of and is responding to a rupture on the Texas Eastern system in Lincoln County."

The blast also damaged railroad tracks, forcing 31 trains to back up overnight, authorities said.

Some 75 people in the Indian Camp trailer park in the Moreland community were evacuated to the New Hope Baptist Church in Stanford. Gilliam encouraged anyone who fled the scene and hasn't been accounted for to check in at the church. Authorities also urged people gathering for the multistate 127 Yard Sale to stay away as crews worked to contain the damage.

Gilliam said residents whose homes are still standing should be allowed back in later in the day.

---

A gas explosion rocked a community in Kentucky and left one person dead early Thursday, authorities said.

Authorities evacuated residents in Moreland after the explosion, the Lincoln County Sheriff's Office said. The number of people evacuated was not immediately available.

A shelter has been set up at a local church. The Perryville Fire Department said that preliminary reports show that a gas line ruptured.

Sofia Nunez was at home in Moreland, Kentucky, when the explosion happened.

"There was a loud noise and it sounded like a tornado was outside our house. When you stepped outside you could hear the flames and feel the heat. It shook the house for nearly 30 minutes after the flames appeared and neighbors windows were shattered," Nunez told CNN. Charlie Lynch, in Danville, woke up to the whole sky lit up from the explosion. He said he drove 10-15 minutes before taking video, with flames and smoke visible the whole way.

Read More

5:37:00 PM | 0 comments

Indonesia government commit to accelerate the construction of natural gas distribution network infrastructure (jargas) for 293,533 household connections (SR) in 54 districts / cities throughout 2020

Indonesia government has a commitment to accelerate the construction of natural gas distribution network infrastructure (jargas) for households. The budget of Rp 3.2 trillion was prepared to build 293,533 house connections (SR) in 54 districts / cities throughout 2020.

 "This is an effort to realize ease of access to natural gas energy and acceleration of good natural gas in reaching all regions in Indonesia," said Acting Director General of Oil and Gas (Oil and Gas), Ministry of Energy and Mineral Resources (ESDM), Djoko Siswanto , after the coordination meeting on the construction of the budget for the 2020 budget year, Thursday (25/7).

This meeting invited relevant stakeholders, including 54 Regional Governments and City Governments who would enjoy the benefits of jargas. At the end of the event, this joint commitment and synergy was marked by the signing of the Minutes of Jargas Development Plan Coordination Year 2020 Budget. "We hope that the benefits of natural gas can be felt as much as possible by the community which leads to an increase in the competitiveness and economic capacity of the community in real terms.

In addition to households that will get direct benefits, the MSME sector will also get significant economic benefits, "Djoko said. Jargas development activities are part of the 2015-2030 National Energy General Plan (RUEN) because they can meet energy needs that are clean, competitive, environmentally friendly and efficient. At present, the Government has carried out construction of jargas from 2009 to 2018 with a total connection of 325,852 House Connections (SR) in 16 Provinces covering 40 Regencies / Cities. For 2020, the Government will build 293,533 SR in 54 Regencies / Cities. This number is very large compared to the number of SRs that were successfully built in 2009 to 2018, which are 325,852 SR in 16 Provinces covering 40 Regencies / Cities.

The area planned for construction in 2020 is Kab. North Aceh, Lhokseumawe City, Kab. East Aceh, Langsa City, Kab. Aceh Tamiang, Kab. Deli serdang, Pekanbaru City, Dumai City, Batam City, Sarolangun City, Jambi City, Kab. Muaro Jambi, Kab. Musi Rawas, Kab. Banyuasin, Kab. Musi Banyuasin, Kota Palembang, Kab. Ogan Ilir, Kab. Ogan Komering Ulu, Kab. Muara Enim, Prabumulih City, Kab. Penukal Abab Lematang Ilir, Kota Bandar Lampung, Kab. Serang, Cilegon City, Bogor City, Kab. Bogor, Kota Bekasi, Kab. Bekasi, East Jakarta City, Tangerang City, South Tangerang City. In addition, Kab. Karawang, Kab. Subang, Cirebon City, Kab. Cirebon, Semarang City, Kab. Blora, Kab. Lamongan, Mojokerto City, Kab. Mojokerto, Kab. Jombang, Kab. Sidoarjo, Kota Surabaya, Kab. Pasuruan, Kab. Probolinggo, Pasuruan City, Probolinggo City, Wajo District, Kab. Banggai, Tarakan City, Balikpapan City, Kab. Kutai Kartanegara, Kota Samarinda, Kab. Penajam Paser Utara.

For the construction of the jargas, the Government assigns PT Pertamina (Persero) through PT Perusahaan Gas Negara Tbk as a subsidiary (natural gas sub holding) to carry out the preparation of the FEED (Front End Engineering Design) -DEDC (Detail Engineering Design Construction) targeted for completion in October 2019 .

Read More

6:21:00 PM | 0 comments

Pertamina and ADNOC will explore opportunities for cooperation in the upstream to downstream sectors

PT Pertamina (Persero) and The Abu Dhabi National Oil Company (ADNOC) agreed to explore opportunities for cooperation across the oil and gas business chain in both the United Arab Emirates, Indonesia and internationally. This was stated in a Comprehensive Strategic Framework (CSF) signed by both parties, Wednesday (24/7).


The agreement was signed by the UAE Minister of State and CEO of ADNOC Group, Sultan Ahmed Al Jaber, and President Director of Pertamina, Nicke Widyawati. Witnessed the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, H.R.H. Sheikh Mohammed bin Zayed Al Nahyan and President Joko Widodo.


Under the agreement, Pertamina and ADNOC will explore opportunities for cooperation in the upstream to downstream sectors. The projects that are considered include participation in the UAE upstream oil and gas sector, refineries, petrochemicals, LNG, LPG, Avtur and the oil and gas retail business in Indonesia. In addition, both parties will also explore various other forms of strategic collaboration.


Sultan Ahmed Al Jaber stated, this agreement would strengthen relations between the two countries. "Indonesia has a rapidly growing industrial base and energy market. We see significant opportunities to work together between the two companies to build projects to achieve common strategic goals, "he said.


This collaboration, added Ahmed, will show the efforts of ADNOC to create value for the entire portfolio and its efforts to expand international investment to become a truly global energy company.


While Nicke said, Pertamina plans to develop an additional refinery capacity of 1 MMBPD through the Refinery Development Master Plan (RDMP) and Grass Root Refineries (GRR) projects. "The partnership with ADNOC will be an important milestone for Pertamina. "The interest of ADNOC to participate in the oil and gas business in Indonesia is very meaningful support for Pertamina, to ensure availability and energy accessibility for the people of Indonesia," he said.


The work team of the two parties will hold a meeting for the next few months to evaluate and select key areas for strategic collaboration across the assets and project portfolios of the two companies. A more specific collaboration collaboration option is expected to be agreed to be executed by the end of 2019.


For Pertamina, this collaboration will support its efforts to take part in the global energy scene as well as a springboard to increase competitiveness in order to compete with international energy players.
/div>

Read More

6:12:00 PM | 0 comments