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Issue #592

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Breakbulk Quarterly

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2014 Media Kit

Energy

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Enterprise shelves massive Bakken pipeline project

Reuters | December 12, 2014 | Energy | Pipeline

Enterprise Products Partners on Friday shelved plans to build the first crude pipeline from North Dakota to the storage hub in Cushing, Oklahoma, likely hindered by competition from other shippers and lower oil prices. Read More »

Kinder Morgan investors approve $44 bn deal to put pipelines under Kinder Morgan Inc.

AJOT | December 11, 2014 | Breakbulk & Projects | Projects | Energy | Pipeline

Kinder Morgan’s diverse base of investors approved on Thursday a $44 billion deal to bring four related pipeline companies under the roof of Kinder Morgan Inc. The approval of the deal heralds the official beginning of a new era for Houston-based Kinder Morgan, which has evolved into the largest midstream company and the third largest energy company in North America by enterprise value since it was formed in 1997. Read More »

The OPEC Reference Basket finished down $9.49 at $75.57/b in November

AJOT | December 11, 2014 | Energy | International Trade | Ports & Terminals | Terminals

The OPEC Reference Basket finished down $9.49 at $75.57/b in November, amid increasing supplies and sluggish global growth. ICE Brent fell $8.42 to $79.63/b, while Nymex WTI lost $8.53 to stand at $75.81/b. The Brent-WTI spread widened slightly to average $3.82/b in November. Read More »

TransCanada pausing work on Quebec export terminal due to whales

Reuters | December 02, 2014 | Energy | Maritime | Liner Shipping | Ports & Terminals | Terminals

TransCanada Corp, Canada’s No.2 pipeline operator, is pausing work on a proposed oil export terminal in Quebec, after a federal committee recommended that Beluga whales in the St. Lawrence river be listed as an ‘endangered’ species. Read More »

Report says Alba Tanker buys OW tanker unit of bankrupt OW Bunker

AJOT | December 01, 2014 | Energy | Maritime | Ports & Terminals | Landside Service | Regulatory Issues

According to press reports, OW TANKER, a unit of bankrupt OW Bunker and owner of its bunker vessels, has been taken over by a newly-created company, Alba Tanker, which has the trustees of the bankrupt company on its board. Read More »

Energy choke points critical to transit of global energy supplies

AJOT | December 01, 2014 | Energy | Maritime | International Trade | Ports & Terminals | Canal and Waterway

Energy choke points critical to transit of global energy supplies

International energy markets depend on reliable transport routes. About 63% (56.5 million barrels per day) of the world's oil production in 2013 moved on maritime routes. World chokepoints for maritime transit of oil are a critical part of global energy security because of the high volume of petroleum and other liquids transported by these routes. Read More »

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