-The Louisiana Offshore Oil Port (LOOP) will add three new aboveground oil storage tanks and 1.1 million barrels of storage capacity to its Clovelly Hub, the Associated Press reports. The project will expand Clovelly’s aboveground storage capacity to 10.1 million barrels. LOOP expects to finish the expansion by late next summer.
-Kinder Morgan struck a deal to expand its fleet of Jones Act product tankers. The company signed a $568 million agreement with Philly Tankers to assume contracts for the construction of four new 337,000-barrel tankers that will be built in Philadelphia. Kinder Morgan said it would receive the tankers between November 2016 and November 2017. The new vessels will expand Kinder Morgan’s Jones Act fleet to 16.
-Kinder Morgan also said it had begun to receive Powder River Basin oil into its Double H pipeline system, which runs from North Dakota to Montana. The pipeline’s capacity has increased to 99,000 barrels per day.
-Alliance Pipeline will restart full service on its mainline natural gas pipeline system from Western Canada to Chicago on Wednesday. Via Reuters, the pipeline was shut down August 7 after a poisonous, flammable gas entered the system. The shutdown forced at least six producers to curb production.
