Pipeline Safety: First, Last and Always


In an October 2013 article, CBC News reported that by 2011, safety-related pipeline incidents, ranging from fires to spills, increased from 45 total incidents in 2000 to 142 in 2011. Of equal importance to the number of incidents being reported is the headlines they are making. For example, in April 2014, a Canadian crude oil and natural gas company spilled 70,000 litres of oil and water near Slave Lake, Alberta. Two years earlier, another oil company dumped 461,000 litres of oil into the Red Deer River — which came on the heels of a spill of 4.5 million litres by the same company near Little Buffalo in 2011. And then there was the spill by a Canadian-owned pipeline that dumped more than 3 million litres of oil into the Kalamazoo River in Michigan in 2010.
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Midstream Investment in Pipeline Management Solutions


For decades, midstream energy companies have wallowed behind giant oil and gas producers in market value. This won’t be the case for much longer, according to the international accounting firm Deloitte. Midstream energy companies’ share of overall market value in the oil and gas industry has already risen, nearly tripling over the last six years.
 
Midstream operators are becoming the stars of the energy industry, investing $26 billion on new pipelines and facilities in 2012 – a drastic increase from the seven billion spent just six years earlier.
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