Oil
Water Midstream Completes Saltwater Pipeline Disposal Extension
Dallas-based Water Midstream Partners completed the southern extension to its Midland County, TX commercial pipeline system, connecting new oil and gas wells inside and adjacent to the city of Midland to its Saltwater Disposal Well on State Highway 158. The extension bring the pipeline system to 9...
Enbridge to Pay $61M Penalty for 2010 Michigan Oil Spill
Enbridge Energy Partners will pay a $61 million penalty for the costliest inland oil spill in U.S. history — a pipeline rupture in southwestern Michigan that polluted a nearly 40-mile stretch of the Kalamazoo River, federal officials said Wednesday. The settlement between U.S. government agencies a..
Hearing Set in Tioga on Proposed $4.5 Million Oil Pipeline
TIOGA, N.D. (AP) – North Dakota regulators have scheduled a public hearing in Tioga later this month on a proposed $4.5 million oil pipeline in Williams County. Hess North Dakota Export Logistics LLC is seeking a permit for the new Energy Transfer Partners Pipeline project. The proposed 12-inch dia..
What Lies Ahead for Oil Prices
Oil prices are measured in 42-gallon barrels. The history of this tradition dates back to 1866, soon after Edwin Drake drilled the first oil well in the United States in Titusville, PA in 1859. In 1866, a group of independent oil producers met in Titusville and decided that the 42-gallon barrel was ..
Big Oil Begins To Worry About Trump’s Wall
Donald Trump’s idea to build a wall along the southern border of the U.S. has been called everything from controversial to harebrained, but—to the likely dismay of some of the oil majors—it’s now officially part of the Republican Party’s platform. As it turns out, the idea has been on the GOP table..
Upgrades to Unsafe Tank Cars Could Take 15 Years, Board Says
BILLINGS, Mont. (AP) — Accident-prone tank cars used to haul crude oil and ethanol by rail could remain in service for another 15 years under federal rules that allow companies to phase in upgrades to the aging fleet, according to the U.S. National Transportation Safety Board. Transportation offici..
New Attack On Nigerian Pipeline Takes 10,000 Bpd Offline
A new attack by the Niger Delta Avengers set back Nigerian oil production by 10,000 barrels per day, according to local media reports. The incident took place late Sunday evening and targeted a pipeline run by Nigerian Agip Oil Company (NAOC) and damaged trunk lines that link terminals for Brass an..
Second Open Season for Grand Mesa Pipeline Begins
Due to additional interest from shippers, NGL Energy Partners began a second open season for its wholly owned Grand Mesa crude oil pipeline, which will close at 5 p.m. CDT on July 28. The pipeline will provide takeaway capacity for crude oil producers in the Denver-Julesburg Basin and is expected t..
Chevron, Exxon and Partners to Spend $36.8 Billion in Kazakhstan
NEW YORK (AP) — Chevron, Exxon Mobil and its other partners say they will spend $36.8 billion to develop more oil in Kazakhstan. The project is expected to increase production to about 1 million barrels of oil equivalent per day in 2022. Chevron, Exxon Mobil and its partners are forming a venture ..
Essar Projects Wins Contract for Replacement of Indian Oil Pipeline
Construction company Essar Projects won the contract to replace 87 miles (141 km) of 18-inch pipeline in the Koyali-Viramgam section of Indian Oil Corporation’s (IOCL) Koyali-Sanganer pipeline. The contract is valued at $12.6 million (INR 850 million), excluding of the cost of pipes, which are being..
Chinese Companies Splash US$80 Billion on Nigeria Oil, Gas
Chinese businesses have pledged to invest US$80 billion on oil and gas infrastructure projects in Nigeria, the country’s state oil company said. The announcement of the Memorandum of Understanding follows a roadshow in China by Nigeria’s Oil Minister and chief of the Nigerian National Petroleum Cor..
Canada Court Overturns Approval of Enbridge Oil Pipeline
TORONTO (AP) — Canada’s Federal Court of Appeal has overturned the previous government’s controversial approval of a pipeline proposal that would bring oil to the Pacific Coast for shipment to Asia. In a ruling released Thursday, the court said the former Conservative government did not adequately ..
Alaska Governor Limits Annual Oil-Wealth Checks to $1,000
ANCHORAGE, Alaska (AP) — Facing a multibillion-dollar deficit, Alaska’s governor on Wednesday cut in half the annual checks that give all residents a share of the state’s oil wealth, but he kept enough money in place to award everyone a $1,000 payout. Gov. Bill Walker’s administration said the chec..
Exxon Mobil Wins a Round in Climate Litigation
DALLAS (AP) — Exxon Mobil Corp. won an early round Wednesday in its fight against regulators over whether the oil giant covered up what it knew about climate change. The U.S. Virgin Islands attorney general agreed to drop a subpoena for company records. In exchange, Exxon asked a federal court to d..
Exxon Appraisal Well Discovers Large Oil, Gas Deposits in Guyana
GEORGETOWN, Guyana (AP) — Officials in the South American country of Guyana say Exxon Mobil has found large deposits of oil and gas in a recently drilled appraisal well. Energy Minister Raphael Trotman told The Associated Press on Monday that the company will drill another well in upcoming months. ..
Firm: California Spill Went Undetected Due to Pipeline Work
VENTURA, Calif. (AP) — The operator of a pipeline that spewed tens of thousands of gallons of crude oil into a Southern California ravine said Friday it didn’t detect the leak because the line was undergoing maintenance. Crimson Pipeline said the remotely monitored line was emptied on Wednesday to ..
Cleanup Underway After California Oil Pipeline Spill
VENTURA, Calif. (AP) — Thousands of gallons of crude oil spilled Thursday from a pipeline and flowed down a ravine in Southern California but did not reach the ocean, officials said. As much as 29,400 gallons of oil spilled and flowed a quarter- to half-mile from the spill, fire authorities said. ..
CAPP Annual Oil Forecast Shows Canada Needs New Major Oil Pipelines
Forecasted growth in Canadian oil production shows new major oil pipelines are urgently needed to deliver safe, secure and reliable energy to domestic and world markets, the Canadian Association of Petroleum Producers announced today in its 2016 Crude Oil Forecast, Markets and Transportation report...
California Pipeline Spill Revised Down to 29,400 Gallons
VENTURA, Calif. (AP) — Southern California authorities have revised the estimated size of a crude oil pipeline spill down to 29,400 gallons. The spill early Thursday in Ventura County was initially projected to be as much as 210,000 gallons. Ventura Fire Department spokeswoman Kelly Flanders says ..
Judge: US Agency Lacks Authority to Set Rules on Fracking
CHEYENNE, Wyo. (AP) — A judge ruled Tuesday that federal regulators lack the authority to set rules for hydraulic fracturing, dealing another setback to the Obama administration’s efforts to tighten how fossil fuels are mined. U.S. District Judge Scott Skavdahl said the Bureau of Land Management ca..
Bakken Pipeline Will Run Under Sacred Tribal Site in Iowa
DES MOINES, Iowa (AP) — Iowa officials will allow work on a four-state oil pipeline to go forward after the company submitted a plan to avoid disrupting an American Indian burial ground. Department of Natural Resources spokesman Kevin Baskins tells The Des Moines Register ( http://dmreg.co/28KnoyM ..
Enbridge Getting Cleanup Equipment Just in Case of Oil Spill
TRAVERSE CITY, Mich. (AP) — A Canadian company that owns twin oil pipelines in the area where Lakes Huron and Michigan converge said Monday it will spend $7 million over the next two years on additional equipment that could be deployed quickly in the event of a spill, while insisting prospects are r..
Effects of the Clean Power Plan
The Clean Power Plan (CPP) [1] rule, issued under Section 111(d) of the Clean Air Act, is the U.S. Environmental Protection Agency (EPA) program to regulate carbon dioxide (CO2) emissions at existing fossil-fired electric power plants. EPA estimates that the CPP will reduce CO2 emissions from the po..
Prosecutor: Pacific Gas Ignored Regulations to Cut Costs
SAN FRANCISCO (AP) — Pacific Gas & Electric Co. ignored pipeline safety regulations to cut costs and tried to cover up its illegal practices by misleading federal officials investigating a deadly explosion of one of its natural gas pipelines in the San Francisco Bay Area, a prosecutor said Friday as..
Oregon Looks To Ban Crude-Oil-Only Trains Following Derailment and Fire
Oregon transportation officials are now calling for a halt of Union Pacific trains after a derailment on the third of June. Eleven cars from a 96-car train owned by Union Pacific that was hauling crude oil along the border of Oregon and Washington derailed, causing one of the cars to catch fire...
Militants Claim Blast of Another Nigeria Oil Pipeline
WARRI, Nigeria (AP) — Nigerian militants say they have blown up another crude pipeline owned by Italian oil company Agip. The Niger Delta Avengers announced the early-morning blast in Bayelsa state in a tweet Friday. The latest blast comes a few days after the militants rejected the government’s o..
Pipeline Work Begins in Iowa, Protesters Vow Nonviolent Acts
DES MOINES, Iowa (AP) — Work has begun in Iowa on an oil pipeline despite repeated attempts by landowners and environmental groups to stop it, a spokeswoman for the Texas company building the pipeline said Thursday. The Iowa Utilities Board signed a final order Wednesday allowing construction on th..
House Unanimously Passes Pipeline Safety Act
The House on Wednesday unanimously approved a bill reauthorizing the Federal Pipeline Safety Oversight Board. It now goes back to the Senate where it already passed on voice vote in its initial version. The legislation, known as the PIPES Act, would change PHMSA safety policies by adding greater tr..
Plains All American Pipeline Project Gets OK in North Dakota
BISMARCK, N.D. (AP) — North Dakota regulators have approved a short crude oil pipeline project in Mountrail County. The Bismarck Tribune reports that the 10-mile pipeline will be able to move up to 1 million gallons per day at full capacity. Cost is estimated at $9 million. Officials with Ho..
Wood Group Mustang, Grupo Diavaz Form Engineering JV in Mexico
Wood Group Mustang and Grupo Diavaz, a Mexican oil and gas operator and services company, have created a joint venture engineering business to capitalize on Mexico’s energy reform. Mustang Diavaz is based in Mexico City and will provide engineering, procurement and construction management services 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
