Oil
Perry Would Bring Oil Industry Ties to Energy Department
Rick Perry, President-elect Donald Trump’s choice for Energy secretary, has close ties to the Texas oil industry and has corporate roles in two petroleum companies pushing to get government approval for the proposed 1,200-mile crude oil pipeline that has stoked mass protests in North Dakota. Perry’..
Officers Ask for Help Policing North Dakota Pipeline Protests
North Dakota law enforcement officials ask President Obama for more assistance to help police protests of the Dakota Access Pipeline construction project.
Company: Equipment Didn't Detect North Dakota Pipeline Leak
BISMARCK, N.D. (AP) — Electronic monitoring equipment failed to detect a pipeline rupture that spewed more than 176,000 gallons of crude oil into a North Dakota creek, the pipeline’s operator said Monday. It’s not yet clear why the monitoring equipment didn’t detect the leak, Wendy Owen, a spokeswo..
Can Carbon Taxes Kill Pipeline Opposition?
Could carbon taxes actually help oil pipeline construction projects in North America proceed?
Company Seeks OK for North Dakota Pipeline Construction Project
Summit Midstream subsidiary requests approval for pipeline construction project in North Dakota.
Dakota Access Pipeline Court Battle to Linger into New Year
The legal battle over whether Energy Transfer Partners can complete the Dakota Access Pipeline construction project won't be resolved until 2017.
Tribes Suing Over Pipeline Willing to Put Claims on Hold
Two tribes are willing to put their legal claims regarding the Dakota Access construction project on hold.
Weather Affects Oil Pipeline Spill Cleanup in North Dakota
BISMARCK, N.D. (AP) — A company with a history of oil field-related spills in North Dakota and Montana is being hampered by winter weather in its cleanup of a “significant” pipeline break that leaked crude oil into a tributary of the Little Missouri River in western North Dakota, a regulator said Th..
Avant Energy Receives Investment from Riverstone Holdings
Riverstone Holdings, an energy and power-focused private investment firm, has agreed to an initial line-of-equity investment of $150 million in Avant Energy, a newly-established Mexican energy company. The investment can increase to $300 million once this initial capital has been invested. ..
Glencore, Qatari Fund Buy 19.5 % in Russia’s Rosneft
MOSCOW (AP) — Commodities giant Glencore and Qatar’s sovereign wealth fund have together acquired a 19.5 percent stake in Russia’s top state-controlled oil company, Rosneft, in a deal worth 10.5 billion euros ($11.3 billion), officials said Wednesday. The long-planned sale is part of the Russian go..
Medallion Midstream to Construct Southern Delaware Basin Crude Oil Pipeline
Medallion Midstream awarded contract for oil pipeline construction project in the Delaware Basin.
Oil Industry Urges Trump to Approve Dakota Access Pipeline
The American Petroleum Institute and the MAIN Coalition want president-elect Donald Trump to approve the Dakota Access Pipeline construction project.
Companies Respond to Corps' Pipeline Easement Denial
Companies issue statement claiming easement denial for the Dakota Access Pipeline construction project is a political move.
Army Corps of Engineers Denies Pipeline Easement
The U.S. Army Corps of Engineers will not grant an easement for the Dakota Access Pipeline construction project in southern North Dakota.
Dominion Midstream Partners Completes Acquisition of Questar Pipeline
Dominion Midstream Partners closed on the transaction to acquire Questar Pipeline, LLC, from Dominion Resourcesfor $1.725 billion. As part of the transaction, Dominion Midstream paid $823 million in cash to Dominion, issued $167 million of common units and $300 million of convertible preferred units..
Open Season Set for San Andres Crude Gathering System in Permian Basin
Open season launched for the San Andres Crude Gathering System.
OPEC Agrees to Oil Supply Cuts for First Time in Eight Years
VIENNA (AP) — OPEC has agreed to cut its oil production for the first time in eight years in an effort to boost crude prices. The cartel will cut 1.2 million barrels a day from its present output after its 14 members put aside differences at a meeting Wednesday to agree on individual production lev..
North Dakota Borrows $7M More for Pipeline Protest Costs
North Dakota to borrow an additional $7 million to cover law enforcement costs for protests of the Dakota Access Pipeline construction project.
Canada Approves 2 Pipeline Projects, Rejects Another
Canada gives green light to two pipeline construction projects, but rejects another.
Trump Rollback Of Obama Climate Agenda May Prove Challenging
WASHINGTON (AP) — Once sworn into office, Donald Trump will be in a strong position to dismantle some of President Barack Obama’s efforts to reduce planet-warming carbon emissions. But experts say delivering on campaign pledges to abolish the Environmental Protection Agency and bring back tens of th..
Dakota Access Pipeline Protesters Told to Leave by Dec. 5
The U.S. Army Corps of Engineers has ordered protesters of the Dakota Access Pipeline construction project to leave by Dec. 5.
Obama’s Last Regulations To Impact Oil, Gas and Mining
The recent U.S. election has been one of the biggest news items the world over this month. And the change of presidents is also having some important effects on the natural resources business the past few weeks. As part of his last weeks in office, outgoing President Barack Obama has implemented a ..
Pipeline Protest Policing Costs Surpass Emergency Spending
The cost to police protests of the Dakota Access Pipeline construction project exceed the amount of emergency spending authorized by the state.
Whiting to Sell North Dakota Midstream Assets
Whiting Petroleum will sell 50% interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system in Mountrail County, ND, along with its 50% of its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems in Stark, ..
Police, Protesters Face Off At Dakota Access Pipeline
Dakota Access Pipeline construction project protesters and law enforcement officials clash again.
Colorado Residents Sue State, Saying Oil and Gas Rules Weren’t Enforced
Colorado residents support the construction of a pipeline to transport oil away from their neighborhood.
Dakota Access Oil Pipeline Developer Won't Consider Reroute
Energy Transfer Partners says it will not consider rerouting the Dakota Access Pipeline construction project.
Tribes’ Talk to North Dakota Lawmakers Canceled over Protest
Tribal leaders' biennial address to the North Dakota Legislature canceled for 2017 due to protests of the Dakota Access Pipeline construction project.
Dakota Access Pipeline Decision Unlikely Until Early 2017
A federal judge isn't expected to rule until early 2017 whether the Dakota Access Pipeline construction project can be finished.
Militants Claim Bombing of 3 Oil Pipelines in South Nigeria
WARRI, Nigeria (AP) — Nigerian militants and a local leader say attackers have bombed oil pipelines 100 kilometers (60 miles) apart, the fifth attack this month in response to a military campaign in Nigeria’s southern, petroleum-producing Niger Delta. The Niger Delta Avengers say on Tuesday night t..
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations