Oil

Venezuela’s Opposition Proposes Energy Reform to Open Pipelines, Refineries to Foreign Investment

Venezuela’s opposition has proposed sweeping energy reforms that would shrink state oil firm PDVSA and open up oil fields, refineries, and pipeline infrastructure to international investors — a move aimed at attracting support from the U.S. and global energy companies.

Ecuador’s Petroecuador Restarts SOTE Crude Pipeline After Landslide

Ecuador's state oil company Petroecuador said on Wednesday that it had restarted crude transport via the SOTE pipeline after repairing damage caused by a landslide.

Explosive Attacks Halt Two Oil Pipelines in Colombia, Military Blames ELN

Two oil pipelines in rural northeastern Colombia were forced to suspend pumping after they were attacked with explosives, oil transport firm Cenit said on Thursday, while the military blamed the National Liberation Army (ELN) for the strikes.

Trump Administration Moves to Open More Alaska Land for Oil, Gas, LNG Projects

U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying out President Donald Trump's executive order to remove barriers to energy development in the state.

U.S. Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a Chinese "teapot refinery" processing the crude.

Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests

A North Dakota jury has ordered Greenpeace to pay $667 million to Energy Transfer for its role in Dakota Access Pipeline protests, citing defamation, trespassing, and conspiracy. The verdict includes over $400 million in punitive damages, marking a major legal blow to the environmental group.

Explore P&GJ’s Global Pipeline Project Tracker

Explore P&GJ’s Global Pipeline Project Tracker, powered by Gulf Energy Information’s Global Energy Infrastructure (GEI) database.

Russian Oil from Sanctioned Tankers Discharged in China After Ship-to-Ship Transfers

The Panama-flagged Daban, one of dozens of non-sanctioned vessels drawn to the Russian oil trade by fat margins following the Jan. 10 U.S. sanctions, was received at a berth run by the privately-controlled Qingdao Haiye Group at the port of Qingdao, sources said.

Crude Rerouted After Blast on Nigeria’s Trans Niger Pipeline, Renaissance Says

Crude oil flowing into Nigeria's Trans Niger Pipeline has been routed through an alternative line after blasts ruptured the main line on Tuesday, a spokesperson for Renaissance told Reuters.

Renaissance Investigates Blast on Nigeria’s Trans Niger Pipeline

Nigerian oil consortium Renaissance Group confirmed on Tuesday a blast on its Trans Niger oil pipeline in the coastal River State and has dispatched a team to investigate, spokesperson Tony Okonedo said.

Mexican Tycoon Carlos Slim Expands Energy Influence with Talks to Back Pemex Oil, Gas Projects

Mexican state energy company Pemex is in talks with Carlos Slim which could see the billionaire tycoon help bankroll two of the country's most promising crude oil and natural gas fields, sources familiar with the matter told Reuters.

CERAWeek: Canada May Curb Oil Exports to U.S. if Trump Trade War Intensifies

Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the U.S. escalates further, Canada's energy minister Jonathan Wilkinson said on Tuesday.

Musk's Layoffs Shrink Workforce Needed for Trump's Energy Dominance Agenda

Mass federal layoffs are slowing energy project approvals, threatening President Trump’s ‘Drill, Baby, Drill’ agenda. With key agencies like BLM and BOEM losing staff, oil and gas permitting is backlogged, raising concerns from industry leaders and lawmakers. Could job cuts derail America’s energy dominance?

Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast

Wildcat Midstream is expanding its Helper, Utah, terminal to boost exports of Uinta Basin's yellow and black wax crude oil to the U.S. Gulf Coast.

CPC Blend Oil Loadings Rise 24% in February via Black Sea Terminal

CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels per day (bpd), Reuters calculations showed.

Kazakhstan Hasn’t Delivered March Oil, CPC Export Cuts, Sources Say

Kazakhstan has yet to deliver its announced oil output and CPC Blend export cuts through the Caspian Pipeline Consortium (CPC), its main exporting route, five industry sources said.

Trump Administration Pushes to Cancel Oil Reserve Sales, Boost Small Nuclear Power

U.S. Energy Secretary Chris Wright plans to work with Congress to cancel previously mandated oil reserve sales to address low stockpiles, while also pushing for support of small modular reactors and the Alaska LNG project as part of the Trump administration's energy strategy.

Whitecap, Veren to Merge in $15 Billion Deal to Form Leading Canadian Light Oil Producer

Whitecap Resources Inc. and Veren Inc. have entered a $15 billion all-share transaction that will combine their assets, creating a leading Canadian light oil and condensate producer with key holdings in Alberta’s Montney and Duvernay regions.

Tallgrass Launches Open Season for Pony Express Pipeline Crude Shipments Out of Colorado

Tallgrass Pony Express Pipeline, LLC has launched a 30-day binding open season to offer incentive tariff rates for crude oil transportation from its Colorado origins, the company said on March 7.

Summit Midstream Acquires Moonrise Midstream in $90 Million Deal, Expands DJ Basin Footprint

Summit Midstream has acquired Moonrise Midstream for $90 million, expanding its DJ Basin footprint with 80 miles of natural gas and crude oil pipelines and adding 65 MMcf/d of processing capacity.

Restoring U.S. Oil Reserve to Capacity Could Take Years, Cost $20 Billion

The U.S. faces a $20 billion, years-long effort to refill the Strategic Petroleum Reserve after past withdrawals, highlighting challenges in energy security and crude supply management.

Sanctions-Related Payment Issues Halt Russian Oil Flow to Czech Republic via Druzhba

Payment issues linked to U.S. sanctions on Russia were behind the latest halt in oil supplies by Russia to the Czech Republic via the Druzhba pipeline, two sources familiar with the matter told Reuters.

Weak Refinery, Export Demand Pressures Midland Crude Prices on Texas Coast

Weak refinery and export demand are pressuring Midland crude prices along the Texas Gulf Coast, narrowing the price spread with Houston as Permian production recovers.

Iraqi Kurdistan Oil Exports Still Blocked After Failed Talks

Talks to resume Iraqi Kurdistan oil exports to Turkey ended without a deal, despite U.S. pressure to restart flows amid global supply concerns.

Enbridge: Tariffs Would Take Years to Impact U.S.-Canada Crude Flows

CEO Greg Ebel told reporters the energy systems of the two countries are too integrated and there is no easy way for the U.S. to replace the approximately 4 million barrels per day of Canadian oil it imports.

Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline

Enbridge plans a $2 billion upgrade to North America’s largest crude pipeline, enhancing capacity and reliability across its Mainline network through 2028.

Kazakhstan Plans 12% Increase in CPC Pipeline Exports for March

Kazakhstan plans to lift its oil supplies via the CPC pipeline, its main exporting route, by 12% in March from February, according to the energy ministry, signaling an increase in the country's output despite efforts to comply with an OPEC+ deal.

Oil Flows via Druzhba Pipeline to Czech Republic Stopped, Mero Says

Oil flows via the Russian pipeline Druzhba to the Czech Republic stopped again, but there is no threat of shortages, Czech pipeline operator Mero said on Tuesday.

Global News March 2025

Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.

Projects March 2025

Explore the latest updates in pipeline and gas infrastructure, featuring new systems, expansions, and innovative developments shaping the industry. Stay informed on significant projects that enhance operational efficiency and drive growth in the energy sector.

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