Oil
Enbridge Finds Gaps in Line 5 Coating
TRAVERSE CITY, Mich. (AP) — The company that operates twin oil pipelines in the waterway linking Lake Huron and Lake Michigan said Wednesday it has found a number of gaps in a protective layer of enamel coating on the pipes. Enbridge Inc.’s disclosure prompted criticism from Michigan’s governor and..
Pipelines Suspend Operations, Refineries Battle Harvey’s Flooding
Oil and gas companies on the Texas Gulf Coast were dealing Monday with the impact of Tropical Storm Harvey, which was unleashing torrential rains and flooding in the Houston area after making landfall Friday night as a Category 4 hurricane near Corpus Christi. Roughly 2.2 MMbpd of Texas refining ca..
Sanctions On North Korea Won’t Slow Chinese Oil Flow
While the latest round of U.S. sanctions on North Korea’s oil trade is likely to stop major companies from trading due to reputational risks, it is unlikely to stop China’s crude oil supplies to Pyongyang, S&P Global Platts reported in an analysis on Thursday, citing market sources and observers. E..
Pipeline Company Response to Settlement Offer Not Disclosed
Energy Transfer Partners has responded to a settlement offer from concerning the reporting of artifacts during the Dakota Access pipeline construction project.
Mexico's Oil Output Falls Below 2 Million Barrels Per Day
MEXICO CITY (AP) — Mexico’s crude oil output has fallen below 2 million barrels per day for the first time since comparable records were kept starting in 1990. State-owned oil company Petroleos Mexicanos reports on its website that average daily output in July was about 14,300 barrels short of the ..
New TXOGA Report Shows “U.S. Energy Dominance Starts in Texas”
Pipeline construction projects in the Permian Basin poised to help America achieve energy dominance.
Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings
Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market watchers have been in a state of confusion over varying reports over the past three days as to the status of expo..
Kuwait Contains Oil Spill off its Southern Coast
KUWAIT CITY (AP) — Kuwait’s state oil company says it has contained an oil spill off the Gulf country’s southern coast. The Kuwait Petroleum Company said in a statement carried by the state news agency on Tuesday evening that cleanup teams took steps to break up the spill near power and desalinatio..
Wyoming Gets $1.6M to Address Leaking Oil Storage Tanks
CASPER, Wyo. (AP) — The Wyoming Department of Environmental Quality has received a $1.6 million grant from the U.S. Environmental Protection Agency to help clean up contamination from leaking underground petroleum storage tanks. KTWO reports (http://bit.ly/2g4QFIM ) the funding will support staff t..
Colorado Won't Put Oil and Gas Pipeline Map Online
Colorado opts to not place a map showing all of the state's oil and gas pipeline construction projects online.
Colorado to Tighten Pipeline Rules After Fatal Gas Explosion
Colorado to increase pipeline regulations following fatal gas explosion in April.
Company Behind Dakota Access Oil Pipeline Sues Greenpeace
Energy Transfer Partners sues Greenpeace for promoting eco-terrorist acts against the Dakota Access pipeline construction project.
Libya’s Biggest Oil Field Shut Down As Tensions Rise
The shutdown of Libya’s Sharara oilfield, the country’s largest field, has once again shown that expected production growth of several OPEC countries should not be taken for granted. Even though several media sources have been publishing overwhelmingly optimistic reports about the security situatio..
Canada’s Oil Industry Doomed If Prices Fall Lower
Canada’s oil industry has faced a lot of strain lately. The list of oil majors selling off assets and withdrawing from high-cost oil sands is long. ConocoPhillips, Royal Dutch Shell, Marathon Oil, Murphy Oil and Statoil have sold upwards of $25 billion worth of oil sands assets this year. ExxonMobil..
Iran Seeks 500,000 Bpd Oil Swap With Caspian Countries
Iran is ready to swap 500,000 bpd of oil with its fellow Caspian Sea countries, Iranian Fars news agency reported on Friday, quoting a senior official. According to Hamid Hosseini, head of the North department at Iranian Oil Pipeline and Telecommunication Company, a 272-km (169 miles) pipeline has ..
Saipem Awarded Pipeline Construction Contract
Saipem wins contract for pipeline construction project in Kuwait.
Second Oil Spill Reported in Kuwait’s Ras Al-Zour Waters
A new oil slick off of Kuwait’s southern shores is spreading in the Persian Gulf and will add on the impact of a recent 35,000-barrel spill in the same water body, according to emerging reports. The spill is the second reported this week. The first incident, which occurred just 60 kilometers away f..
North Dakota Gets $10 Million for Dakota Access Costs
North Dakota to receive $10 million for law enforcement costs pertaining to protests of the Dakota Access pipeline construction project.
Pipeline Construction Project Planned in the Delaware Basin
3Bear Energy to proceed with a pipeline construction project in the Delaware Basin
Regulators Offer Settlement to Dakota Access Developer
North Dakota regulators offer Energy Transfer Partners a settlement over the discovery of artifacts during the Dakota Access pipeline construction project.
35,000-Barrel Oil Spill Prompts Urgent Cleanup In Kuwait
An oil spill into Kuwaiti waters prompted an emergency cleanup over the weekend, with media reports saying it all will be over this week. While some sources attributed the spill to a pipeline leak, estimating the amount that spilled into the Persian Gulf at 35,000 barrels, there has been no official..
Pipeline Construction Project to Proceed
Andeavor has received sufficient commitments from shippers to move forward with a pipeline construction project in the Delaware Basin.
Ex Minister: Unused Iraq-Saudi Pipeline Should Reopen
Iraq needs to regain access to a pipeline that was used in the past to export Iraqi crude oil via Saudi Arabia, according to Parliament member and former Iraqi oil minister, Ibrahim Bahr Al Olum. “I have discussed this issue before with the Saudi side,” Saudi newspaper Al Hayat quoted Al Olum as sa..
Line 67 Expansion Final EIS Released
The U.S. State Department has published its Final Supplemental Environmental Impact Statement for Enbridge’s proposed Line 67 Expansion. The Secretary of State (or his delegate), based on Presidentially-delegated authorities under Executive Order 13337, will now conduct a review to determine whethe..
Pipeline Says They Could Ship 100,000 Barrels of Oil Daily
SOUTH PORTLAND, Maine (AP) — The president of the company behind a Maine pipeline says they would be able to ship 100,000 barrels of crude oil daily if they were allowed to reverse the flow of their pipeline. The Portland Press Herald reports (http://bit.ly/2usUz0q ) the Portland Pipe Line Corp. di..
The $50 Billion Backlog Of U.S. Energy Projects
FERC has a $50 billion backlog of oil and gas pipeline construction projects it needs to address.
Tribes Want Dakota Pipeline Shut Down, But Offer Fallback Plan
Tribes ask judge to shut down the Dakota Access pipeline construction project until environmental review is finished.
Niger Delta Legalizes Illicit Oil Refineries
The Nigerian government will make illicit refineries operating in the Niger Delta legal, and will even supply them with crude oil, the presidency announced yesterday. The legalization process will take until the end of the year, and the crude they will process will be sold at a reasonable price. Th..
Three Important Oil Trade Chokepoints are Located Around the Arabian Peninsula
Nearly 59 million barrels per day (b/d) of global petroleum and other liquids production moved on maritime routes in 2015, or almost 61% of the world total. Many of these products transited the Suez Canal and SUMED Pipeline, the Bab el-Mandeb Strait, and the Strait of Hormuz chokepoints around the A..
South Dakota Patrol Reimbursed for Pipeline Protest Duty
South Dakota's Highway Patrol has been reimbursed for helping to police protests of the Dakota Access pipeline construction project in North Dakota.
- 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
