Oil
Transneft Extends Oil Transit Deal with Ukraine Operator
Ukrainian pipeline operator Ukrtransnafta said it has agreed to a 10-year oil transit extension with Russia’s Transneft.
EPIC Midstream Loads First Oil Tanker at New Texas Export Terminal
EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said in a mid-December interview with Reuters.
Plains Crude Pipeline Cancels Rates at Points Originating in Louisiana, Mississippi
Plains All American Pipeline has canceled tariffs on its reversed Capline crude oil pipeline for barrels previously originating at St. James, Louisiana, and Liberty, Mississippi, the midstream company said in a regulatory filing on Thursday.
US Now Boasts More Crude Export than Import Destinations
As U.S. crude oil export volumes increased to an average of 2.8 MMbpd in the first seven months of 2019, the number of destinations – including countries, territories, autonomous regions, and other administrative regions – that receive U.S. exports has also increased.
2020 North American Outlook: Industry Adopting ‘Wait And See’ Philosophy
If North America was one giant oil and natural gas basin with one spigot, the flow handle would probably be set at only half-open in 2020, a year when global events will determine if, and which direction, the handle moves.
Canada Supreme Court Rejects British Columbia Bid to Regulate Oil Pipeline
The Supreme Court of Canada on Thursday quickly dismissed an attempt by the western province of British Columbia to regulate what can be transported in a major crude oil pipeline crossing its territory.
Energy Web Atlas Launches EWA Techlink to Enhance Data Offering
Gulf Energy Information, a leading provider of market intelligence and technical information for the international energy industry, today announced the availability of EWA TechLink, a new spatial research tool pairing comprehensive technical content with detailed project data.
China's Oil, Gas Imports Strong in 2019 Despite Trade Dispute
China's imports of major commodities ended last year with a bang, with strong gains showing the appetite of the world's largest importer of natural resources remains robust despite the trade dispute with the United States.
New Permian Pipelines Boost U.S. Gulf Coast Crude Exports
Three new major pipelines coming out of the Permian Basin have helped crude exports from Corpus Christi, Texas surge in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas.
Belarus Halts Own Oil Exports to Germany, Russian Oil Transit Unaffected — Sources
Belarus' state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.
Enbridge May Re-file Application for U.S. Deepwater Oil Terminal
Enbridge Inc will consider re-filing its application for federal permits to build a crude export terminal off Freeport, Texas, if market demand picks up, a company spokesman said on Friday.
Deadly U.S. Attack on Iranian General Rattles Energy Market
Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike.
Oil Prices Surge After U.S. Air Strikes In Iraq
Oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal
Calgary-based Gibson Energy Inc. said it has approved the construction of one million barrels of new tankage at its Hardisty Terminal.
US Crude Output Hits Record in Oct - EIA
U.S. crude oil production in October hit a record 12.66 million barrels per day (bpd), up from a revised 12.48 million bpd in September, the U.S. government said in a monthly report on Tuesday.
Dispute Brews as Russian Suppliers Divert Oil from Belarus
A new dispute over oil could be brewing between Russia and Belarus as Russian suppliers divert large volumes of crude to domestic ports in lieu of a deal on 2020 deliveries between the two countries
French Union Extends Blockade of Fuel Deliveries from Total Refinery
France's hardline CGT trade union voted on Monday to extend a blockade of outbound fuel deliveries from Total's Grandpuits refinery near Paris until Jan. 6 as part of nationwide protests against a planned pensions reform.
Fed Survey: Permian Flaring Hits Record; Service Firms Bearish on 2020
The Federal Reserve Bank of Dallas said in its quarterly energy survey that natural gas flaring and venting reached a record high. It also said about half of oil field service firms plan to cut spending in 2020.
French Protests Disrupt Output at Total's Grandpuits Refinery
Total's Grandpuits refinery near Paris is producing at a reduced rate after the CGT union voted to halt output as part of nationwide protests against a pensions reforms, the French energy company said.
Manipulation of Multi-Phase Flow in Offshore Pipelines
In recent years, offshore oil and gas production is facing an increasing challenge related to the multi-phase flow in the transportation pipelines; the pipelines transporting fluids from the reservoirs to the separation platforms.
Oil Patch Woes: Amid Downturn, Alberta Rages at Canada's Trudeau
A shortage of pipelines, shut-in wells, slumping prices, oilfield layoffs, and strained local food banks. The root causes of Alberta's problems are uniquely Canadian, and their blame of Liberal Prime Minister Justin Trudeau is fueling a Western separatist movement dubbed #Wexit.
Court Delays Decision on Trans Mountain Pipeline Challenge
A panel of Canadian appeals court judges withheld their decision on a challenge to Trans Mountain pipeline Wednesday, saying they need more time to make a decision after a three-day hearing.
Oil Hovers Near 3-Month High on Trade Optimism, Supply Cuts
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is forthcoming and set to stoke oil demand in the world's biggest economies.
Canada Court Hears from Trans Mountain Pipeline Foes
A Canadian court began hearing arguments on Monday from Indigenous groups who oppose the federal government's plan to expand its Trans Mountain pipeline, a project aimed at easing the country's severe oil transport bottlenecks.
Associated Gas Contributes to Growth in U.S. Natural Gas Production
A growing share of U.S. natural gas production is associated-dissolved natural gas, produced from oil wells, which is the result of increased crude oil production from low permeability, tight rock formations – Permian, Bakken, Eagle Ford, Niobrara and Anadarko.
Electrification: Sorting Out Where Natural Gas Supply Fits In
Electrification is a word that is gaining attention these days from the corporate and regulatory boardrooms to the oilfields where hydraulic fracturing and other innovations have vaulted the United States into the global lead for both oil and natural gas production.
Opinion: Tough for China to Buy Enough U.S. crude, LNG
The big, unresolved question from the initial trade agreement between the United States and China is what happens if Beijing cannot meet the massive jump in required commodity purchases.
Epic Approves Second Greenfield Fractionator at Robstown Complex
EPIC Y-Grade will construct its second fractionator in Robstown, Texas, bringing the total fractionation capacity of the project to 270,000 bpd.
Tallgrass Energy Announces Open Season on Pony Express Pipeline
Tallgrass Energy announces the start of an open season for transportation on its Pony Express crude oil pipeline.
Canadian Producer Raises Budget as Alberta Bottlenecks Ease
Canadian oil producer Cenovus Energy Inc said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some curtailments on new oil wells last month.
- 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
