Oil

Kurdistan Claims Iraq-Iran Oil Pipeline Violates U.S. Sanctions

A proposed oil export pipeline construction project by Iran and Iraq may violate U.S. sanctions, Kurdistan claims.

MPLX Begins Open Season for Pipeline Construction Project

MPLX commences open season for the Wood River-to-Patoka pipeline construction project.

North Dakota Still Seeking to Recoup Pipeline Protest Costs

North Dakota applies for nearly $14 million in government funds to cover protest costs during the Dakota Access pipeline construction project.

Tallgrass Sets 2nd Open Season on Pony Express

Tallgrass Energy Partners begins second open season for the Pony Express pipeline construction project.

Iran, Iraq Plan Pipeline To Export Kirkuk Crude Oil

Iran, Iraq plan feasibility study of pipeline construction project to export oil from Iraq’s northern fields in Kirkuk via Iran.

Open Season Launched for Keystone Pipeline System

TransCanada begins binding open season for the Keystone XL pipeline construction project.

Tribes Fight Trade Groups' Intervention in Pipeline Dispute

Tribes don't want trade groups intervening in Dakota Access pipeline construction project dispute.

Nigeria’s Oil Output Drops 150,000 BPD After Shell Pipeline Closure

The Nigerian unit of Shell has shut its Trans Niger Pipeline due to a leak, while the managing director of the Nigerian National Petroleum Corporation (NNPC) said on Monday that the pipeline was attacked, effectively shutting in 150,000 bpd of crude oil output. Shell’s Nigeria subsidiary, Shell Pet..

Nigeria Ups Oil Output Despite Rampant Oil Theft

Things have been mostly good for Nigeria’s oil industry in recent months. The government negotiated a peace with the militants that wreaked havoc on the oil transport infrastructure in the Niger Delta and output has been growing steadily, hitting 1.733 million bpd last month. However, one problem re..

Aggressive U.S. Oil Sanctions Could Bankrupt Venezuela

The U.S. government has warned that it would take “swift economic actions” if the Venezuelan government proceeds with a July 30 move to rewrite the constitution to consolidate power in the hands of President Nicolas Maduro. With the country in shambles, the move is clearly intended to shore up the P..

Business Groups Defend Line 5 Pipelines

TRAVERSE CITY, Mich. (AP) — Representatives of several business groups say twin oil pipelines beneath the Straits of Mackinac are a safe and necessary means of providing energy for Michigan’s economy. The groups defended Enbridge Inc.’s Line 5 in a conference call with reporters Monday ahead of pub..

Public Hearings Scheduled for Enbridge's Line 5

TRAVERSE CITY, Mich. (AP) — The public is getting a chance to sound off about a recent report outlining alternatives for twin oil pipelines beneath the Straits of Mackinac. The report by independent contractor Dynamic Risk Assessment Systems Inc. dealt with Enbridge’s Line 5. The nearly 5-mile-long..

Oil Thieves Force Nigerian Pumping Station To Shutter

Oil thieves are bringing Nigerian crude oil pumping stations to their knees, according to a new report from World Oil. The 60,000-barrel per day Agbada 2 flow station run by Royal Dutch Shell in Nigeria stood idle for most of June due to significant leaks in the pipeline used to transport its crude..

State Trade Group Can Weigh in on Dakota Access Pipeline

Federal judge says energy trade groups can give their opinion about temporarily shutting down the Dakota Access pipeline construction project.

Dakota Access Developer's New Pipeline Rankling Regulators

NEW WASHINGTON, Ohio (AP) — The company that developed the Dakota Access oil pipeline is entangled in another fight, this time in Ohio where work on its multi-state natural gas pipeline has wrecked wetlands, flooded farm fields and flattened a 170-year-old farmhouse. The federal commission that ove..

Saudi Men On Trial For Allegedly Plotting Oil Pipeline Attack

Two Saudi teachers are standing trial in Saudi Arabia on charges that they have allegedly spied for arch-rival Iran in gathering information about a 5-million-bpd oil pipeline for the purposes of planning to blow it up, Reuters reported on Wednesday, quoting two Saudi newspapers. According to the M..

Panel: Dakota Access-Style Protests Could Become Commonplace

Industry officials say don't expect protests of pipeline construction projects to stop anytime soon.

Tesoro to Begin Oil Transportation Services in Mexico

Tesoro Corporation, which will formally change its name to Andeavor effective Aug. 1, 2017, has reached a definitive agreement with Petróleos Mexicanos (Pemex) for terminaling and transportation services in Mexico. The agreement will enable Tesoro to supply transportation fuels in the Mexican states..

Plains All American to Move Forward with Pipeline Expansion

Plains All American Pipeline completes successful open season for pipeline construction project in the Delaware Basin.

Months Needed for Additional Study of Dakota Access Pipeline

The U.S. Army Corps of Engineers says an environmental study of the Dakota Access pipeline construction project will take the rest of 2017.

Perry Touts Energy Exports, Awaits Study on Electric Grid

WASHINGTON (AP) — The Trump administration is pushing for increased exports of natural gas and other energy sources as it seeks U.S. “energy dominance” in the global market, Energy Secretary Rick Perry said Tuesday. He and President Donald Trump have offered a “comforting” message to energy c..

Second Indian Company Buys U.S. Crude

Bharat Petroleum has become the second Indian refiner to start buying U.S. crude oil, after Bharat purchased 500,000 bpd of Mars and the same amount of Poseidon crude, to be delivered between late September and early October, according to Reuters. Indian Oil Corp., the country’s top refiner, was th..

American Midstream Extends Open Season for Bakken Pipeline

American Midstream Partners, LP has extended the previously announced open season for crude oil deliveries to the Dakota Access Pipeline to 5 p.m. CT on July 31, 2017 to incorporate certain modifications requested by shippers. The open season, which commenced on June 26, 2017, is for committed crud..

U.S., Mexico Expand Energy Ties

The United States and Mexico will expand their energy ties, the two countries’ energy ministers said after a meeting in Mexico. The Associated Press quoted U.S. Energy Secretary Rick Perry as saying Mexico was “a very, very important partner” in energy. The meeting comes ahead of a renegotiation of..

Shell Nigeria Declares Force Majeure On Nigerian Light Oil Exports

Shell’s Nigerian unit declared a force majeure on Bonny Light crude oil exports effective 12:00 local time on Thursday, just two weeks after it had lifted a previous force majeure on exports of the grade. According to Shell Petroleum Development Company of Nigeria Ltd, as quoted by Reuters, the for..

Evacuees Return Home After Daylong Cleanup of Pipeline Break

BASTROP, Texas (AP) — Authorities have allowed residents to return to homes evacuated after about 50,000 gallons (189,000 liters) of crude oil spilled from a cut underground pipeline in Central Texas. Cleanup crews worked all day Thursday to clean up the oil spilled after a contractor accidentally ..

Christie Again Blocks Attempt to Rejoin Environmental Pact

TRENTON, N.J. (AP) — Republican Gov. Chris Christie on Thursday again blocked Democratic lawmakers’ attempt to have the state rejoin a regional environmental pact. Christie vetoed a measure approved in the Legislature that would require the state to rejoin the Regional Greenhouse Gas Initiative, sa..

Oil Pipeline Rupture in Texas Spills 1,200 Barrels of Crude

BASTROP, Texas (AP) — Authorities say about 50,000 gallons (189,000 liters) of crude oil spilled after a contractor accidentally cut an underground pipeline in Central Texas. A spokesman for Magellan Midstream Partners, Bruce Heine (hyn), says the contractor was conducting maintenance Thursda..

Trump Denies Disaster Declaration for Dakota Access Pipeline

BISMARCK, N.D. (AP) — The Trump administration has denied a request from Republican North Dakota Gov. Doug Burgum for a “major disaster declaration” to help cover some of the estimated $38 million cost to police protests of the Dakota Access pipeline. Burgum spokesman Mike Nowatzki says the governo..

Canada’s Wildfires Threaten Kinder Morgan’s Pipeline

Wildfires ripping through Canada’s western province of British Columbia since the weekend have forced people to flee and companies in the mining and forestry sectors to scale back or suspend operations. Some of the worst fires, raging in the BC’s interior, have grown overnight, remaining “out of co..