PHMSA awarded broad authority to shut down pipelines and mandate leak detection technologies

The House Energy and Commerce Committee approved a series of measures allowing the Pipeline and Hazardous Materials Safety Administration (PHMSA) to issue emergency orders to shut down pipeline systems and issue emergency regulations, bring new transparency to interagency reviews, tighten standards for underground natural gas storage systems and mandate the installation of leak detection technologies.

Overview of external based leak detection methods

Leak detection technologies divide into two main groups: internal based and external based. The most common external-based leak detection methods include: biological, acoustic sensing, vapor sensing and infrared camera

One report indicates US has more untapped oil than Saudi Arabia or Russia

Thanks to the shale oil boom, the US is now sitting on more oil reserves than Russia, which estimates as having 256 billion barrels of untapped oil.

Pipeline vandals are crippling fuel supply and have caused almost 1 billion dollars in products losses and pipeline repairs

The NNPC has provided details of how pipeline vandals have the damaged the trade petroleum products and crude supply in its pipeline system leading to a colossal cost of over N174.57 billion in product losses and repairs of products pipelines within the last 10 years.

Oil prices poised to hit sweet spot for global economy

Oil rallied strongly to push crude prices above $50 a barrel on Thursday, a level good enough to relieve pressure on producers and offer hope for the near future.