Oil
Judge Refuses to Dismiss Pipeline Lawsuit
SOUTH PORTLAND, Maine (AP) — A federal judge has rejected another attempt by South Portland to dismiss a lawsuit by the Portland Pipe Line Corp. over a ban on crude oil exports. The lawsuit challenges the Clear Skies ordinance, which bans the loading of crude oil into tankers in South Portland. The..
Noble Midstream, Greenfield Midstream form JV, Acquire Saddle Butte Pipeline
Noble Midstream Partners LP and Greenfield Midstream, LLC have formed a joint venture, Black Diamond Gathering, LLC, that has entered into definitive agreements to acquire Saddle Butte Rockies Midstream, LLC and affiliates for $625 million. Under the terms of the transaction, Noble Midstream will o..
World Bank Will Stop Financing Oil, Gas Projects
PARIS (AP) — World Bank President Jim Yong Kim says the World Bank will stop financing oil and gas projects in two years. Speaking at the climate summit outside Paris, Jim Yong Kim said Tuesday the World Bank will cease financing exploration and extraction projects after 2019, except “in exceptiona..
Kinder Morgan Wins Appeal To Start Trans Mountain Work
Canada’s National Energy Board (NEB) on Thursday ruled in favor of Kinder Morgan, saying the company is not required to comply with two sections of the City of Burnaby’s bylaws as it prepares to begin construction of the Trans Mountain Expansion Project. The Project envisages the twinning of the ex..
Forties Pipeline Could Remain Shuttered For Weeks
The Forties oil and gas pipeline shutdown on Monday, causing energy prices in the United Kingdom to spike in the afternoon, according to a new report by Reuters. Brent Crude, which Forties carries, also spiked to a two-and-a-half-year high on news of the stoppage. Wholesale gas prices for immediate..
Michigan Panel Urges Temporary Shutdown of Mackinac Pipeline
LANSING, Mich. (AP) — A government safety panel on Monday urged the temporary shutdown of twin oil pipelines in the Straits of Mackinac until their operator can finish inspections and repair coating gaps, after some members expressed concerns over a recent deal between the state and Enbridge Inc. T..
Open Season Launched for Texas Pipeline Construction Project
Enbridge and Phillips 66 begin open season for a crude oil pipeline construction project in Texas.
TransCanada Plans Pipeline Meetings in 3 Nebraska Cities
TransCanada schedules public hearings concerning the Keystone XL pipeline construction project in three Nebraska towns.
Enbridge Restarts Controversial Line 5 After Shutdown
Enbridge restarted its Line 5 carrying Canadian light crude and refined products across the Straits of Mackinac in Michigan to the U.S. on Tuesday afternoon, after the line was shut down earlier in the day due to high waves and bad weather, Enbridge has said. High winds and waves in the Straits of ..
Enterprise Products Partners to Convert Permian NGL Pipeline to Crude Oil Service
Enterprise Products Partners plans to proceed with a pipeline construction project in the Permian Basin.
High Waves Cause Temporary Shutdown of Michigan Oil Pipeline
ST. IGNACE, Mich. (AP) — State officials say the flow of crude oil through twin underwater pipelines has been halted temporarily because of high winds and waves in the channel where Lakes Huron and Michigan meet. The Michigan Agency for Energy says the temporary shutdown of Enbridge Inc.’s Li..
Kinder Morgan Announces Further Trans Mountain Pipeline Delays
The controversial Trans Mountain pipeline could miss its anticipated September 2020 completion date due to bureaucratic opacity regarding the permitting process and judicial obstacles, according to Kinder Morgan. The admission caused stocks to fall 2.4 percent Tuesday morning on the Toronto Stock E..
Pipeline Construction Project in Nigeria to be Completed this Year
Work on the Amukpe-Escravos pipeline construction project in Nigeria to be finished this year.
New Pipeline Construction Project Open Season Launched
Magellan Midstream commences open season for a new crude oil pipeline construction project in Texas.
Open Season Begins for BridgeTex Expansion
Magellan Midstream and Plains All American Pipeline commence open season to expand the BridgeTex pipeline construction project.
Tribal Request for Dakota Access Spill Response Plan Granted
BISMARCK, N.D. (AP) – The Army Corps of Engineers and the developer of the Dakota Access pipeline must complete an oil spill response plan for the stretch of pipe beneath the Missouri River in North Dakota, a federal judge ruled Monday. U.S. District Judge James Boasberg’s order grants a request by..
Snag in Bid to Open Arctic Refuge to Oil Drilling
WASHINGTON (AP) — Senate Republicans may have hit a procedural snag in their bid to open Alaska’s Arctic National Wildlife Refuge to oil drilling. An arcane budget rule may hinder GOP efforts to include drilling in the tax overhaul legislation. Senate Democrats objected to the provision opening a p..
Eni Receives Federal Permit for US Arctic Offshore Drilling
ANCHORAGE, Alaska (AP) — A subsidiary of an Italian energy company has received a federal permit to drill the first oil exploration wells in U.S. Arctic waters in two years. The federal Bureau of Safety and Environmental Enforcement announced Tuesday it has approved an application from Eni U.S. Ope..
Pennsylvania DEP Releases Methane-Related Permit Updates
The Pennsylvania Department of Environmental Protection (DEP) has released details of two draft final general permits (GP) that address methane emissions and other air pollutants from unconventional well sites and from midstream and natural gas transmission facilities. “These permits are the first ..
OPEC Extends Oil Output Cuts Through 2018
VIENNA (AP) — OPEC oil ministers and their non-OPEC partners have agreed to extend crude output cuts until the end of next year in efforts to keep supplies tight and bolster prices. The move reflects the success of their strategy of pumping less oil for more dollars. Benchmark crude pric..
Climate Activist Convicted After Pipeline Protest in Montana
FORT BENTON, Mont. (AP) — An activist who was trying to call attention to climate change was found guilty of criminal charges on Wednesday for closing a valve last year on a pipeline carrying crude oil from Canada to the United States. A Montana jury found Leonard Higgins of Portland, Oregon, guilt..
Pipelines Help Alberta’s Economy Grow Faster Than Expected
Crude oil pipeline construction projects provide a boost to Alberta's economy.
OPEC and Allies Likely to Extend Production Cuts at Meeting
VIENNA (AP) — With crude prices at two-year highs, OPEC and allied oil producing-nations appear ready to agree to extend their output cuts at a meeting Thursday after Iraq’s energy minister said there was broad agreement for such a move. Benchmark crude prices are now close to $60 a barrel, dependi..
Report: Keystone Pipeline Leak Likely Caused by 2008 Damage
AMHERST, S.D. (AP) — A federal agency says a leak in TransCanada Corp.’s Keystone oil pipeline in South Dakota likely was caused by damage during construction in 2008. The Pipeline and Hazardous Materials Safety Administration issued a corrective action report Tuesday on the estimated 210,000-gallo..
Backers, Foes of Keystone XL Seek Clarification in Ruling
Opponents and supporters of the Keystone XL pipeline construction project file motions asking Nebraska regulators to reconsider alternate route approval.
IEA Boss Sees Oil Markets Tightening In 2018
Global oil markets may tighten in the second half of next year as long as demand remains strong and OPEC and its partners in the production cut agreement extend it, the head of the International Energy Agency Fatih Birol told Reuters on the sidelines of an energy industry event in Norway. “It’s up ..
2 Gulf Oil Ministers Mum on Issue of OPEC Production Cuts
DUBAI, United Arab Emirates (AP) — Energy ministers from both Saudi Arabia and the United Arab Emirates dodged questions Tuesday about whether OPEC will extend the cartel’s oil production cuts, saying the decision will come at a planned meeting in Vienna later this week. OPEC agreed in September 20..
TransCanada to Resume Operation of Keystone Pipeline
AMHERST, S.D. (AP) — TransCanada Corp. plans to resume operation of its Keystone pipeline nearly two weeks after crews shut it down in response to an estimated 210,000-gallon oil spill in South Dakota. The company said in a statement that it will operate the pipeline at reduced pressure beginning T..
More Trans Mountain Route Hearings Scheduled
Canada’s National Energy Board (NEB) has announced detailed route hearings for Segments 3 & 4 of the Trans Mountain Expansion Project are expected to begin in February 2018. The hearings will take place in Valemount and Clearwater, B.C. and are expected to address 20 statements of opposition to Kind..
Michigan Regulators, Enbridge Set 2018 Deadline for Line 5 Pipeline Decision
TRAVERSE CITY, Mich. (AP) — Michigan officials and Enbridge Inc. have set a deadline of Aug. 15, 2018, to determine the future of twin oil pipelines beneath the waterway where Lakes Huron and Michigan converge. The date is part of an agreement announced Monday amid rising concerns about the safety ..
- 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
