Oil
ELN Attacks Colombia’s Second-Largest Oil Pipeline Again
Marxist rebels from the ELN attacked Colombia’s second-largest crude pipeline over the weekend, causing a complete halt in its flow, according to military and Ecopetrol sources that spoke to Reuters on Tuesday. The Caño Limón-Coveñas pipeline is operated by the American oil company Occidental Petro..
Ruling on Dakota Access Pipeline Shutdown Months Away
A federal judge's ruling whether to allow operations to continue on the Dakota Access pipeline construction project is months away.
2nd Pipeline Under Straits of Mackinac Passes Pressure Test
MACKINAW CITY, Mich. (AP) — Enbridge says a second oil pipeline beneath the Straits of Mackinac in northern Michigan has passed a pressure test required in a Justice Department agreement following a 2010 oil spill in southwestern Michigan. The most recent test was Friday on one pipeline that’s part..
Plains All American Launches Open Season for Delaware Basin to Cushing Pipeline
Plains All American launches open season for the Delaware Basin to Cushing pipeline construction project.
Judge Won't Allow Trump to be Added to Pipeline Lawsuit
Federal judge says President Trump can't be named as a defendant in a lawsuit concerning the Dakota Access pipeline construction project.
Ruling on Dakota Access Pipeline Surprises Oil Industry
U.S. oil industry shocked by judge's ruling concerning the Dakota Accesspipeline construction project.
Settlement Reached in Arkansas Oil Spill Case
LITTLE ROCK, Ark. (AP) — Exxon Mobil has settled a lawsuit over a 2013 pipeline spill that dumped tens of thousands of gallons of crude oil into an Arkansas neighborhood. Attorneys representing 64 families announced the settlement Thursday. They say terms will remain confidential. Exxon did not im..
Judge: Redo Part of Analysis for Dakota Access Pipeline
Judge orders the Corps of Engineers to redo its environmental analysis of the Dakota Access pipeline construction project.
Medallion Completes Successful Open Season for Midland Basin Pipeline
Medallion Midstream successfully closed its binding open season for a major expansion of its existing crude oil pipeline system in the Midland Basin. The expansion will nearly double the capacity of Medallion’s existing Wolfcamp Connector mainline system through a partial loop of the Wolfcamp Connec..
Analysts: Much Deeper OPEC Cuts Are Needed
The International Energy Agency had a nasty surprise for OPEC and its partners in the oil output cut agreement today. According to the authority, non-OPEC production in 2018 will increase by 1.5 million barrels daily – a rate that will surpass the growth of global demand. The figure is particularly..
The Fourth Industrial Revolution Is Fueled By Oil
Artificial intelligence is already here, with algorithms replacing traders on Wall Street and tanker watchers in ports. Robots are here, too, drilling wells and cleaning pipelines, assembling cars, and performing surgery. Make no mistake, the fourth industrial revolution is accelerating and it is ru..
Nebraska Commission Sets Another Hearing for Keystone XL
Nebraska Public Service Commission sets another public hearing for the Keystone XL pipeline construction project.
North American Pipeline Capacity Crisis Looms Large
Without more pipeline construction projects, Canada won't be able to capitalize on growing oil production.
Baker Hughes, GE Reach Merger Agreement with DOJ
Baker Hughes and General Electric Company reached an agreement with the Department of Justice on Monday that would allow the parties to complete their proposed merger. Pursuant to a proposed consent decree filed in District Court in Washington, D.C., GE agreed it will divest its GE Water & Process ..
WPX, Howard Energy Partners Form JV to Develop Permian Midstream Assets
WPX Energy and Howard Energy Partners agree to form a joint venture to develop midstream assets in the Permian, including a pipeline construction project.
TransCanada Requests U.S. Regulators Pause Pipeline Review
TransCanada wants U.S. regulators to pause their review of the Upland pipeline construction project.
Open Season Extended Again for Pipeline Construction Project
Plains All American extends the open season for the Permian Basin to Cushing pipeline construction project again.
Pipelines Beneath Straits of Mackinac Getting Pressure Tests
MACKINAW CITY, Mich. (AP) — Pipeline company Enbridge is conducting federally required pressure tests on twin oil pipelines beneath the Straits of Mackinac in northern Michigan. The Detroit News reports (http://detne.ws/2sKtk1e ) a test is Saturday on one pipeline that’s part of Line 5 and the othe..
Hearings Scheduled on Potential Dakota Access Pipeline Fines
Hearings scheduled decide whether to fine Energy Transfer Partners for violations committed during the Dakota Access pipeline construction project.
Keystone XL Hearing to Take Place Tomorrow
Nebraska town to hold public hearing concerning the Keystone XL pipeline construction project tomorrow.
Evolution Midstream to Acquire Rowdy System in Powder River Basin
Evolution Midstream has entered into a binding agreement to purchase the Rowdy Gas Gathering System in Wyoming’s Powder River Basin from Lucid Energy. The system is comprised of about 1,000 miles of gas gathering lines and 43,700 hp of compression. The transaction is expected to close by July 1. Th..
Kurdish Government, Rosneft Sign Pipeline Deal
The Kurdistan Regional Government and Rosneft have reached an agreement concerning the monetization of an oil export pipeline construction project.
Minnesota to Open 22 Meetings on Disputed Enbridge Pipeline
Minnesota regulators schedule 22 public meetings for the Line 3 pipeline construction project.
Report: Lack of Support a Recurring Problem for Enbridge's Line 5
PETOSKEY, Mich. (AP) — Twin oil pipelines beneath the Straits of Mackinac have had repeated problems with inadequate supports, a shortcoming that Michigan officials have described as violating a legal condition for placing the lines in the waterway, a newspaper reported Thursday. The Petoskey News-..
USGS Study: Fracking Not Currently Affecting Drinking Water Quality
A new U.S. Geological Survey study shows that unconventional oil and gas production in some areas of Arkansas, Louisiana, and Texas is not currently a significant source of methane or benzene to drinking water wells. These production areas include the Eagle Ford, Fayetteville, and Haynesville shale ..
$3.8 Billion Dakota Access Oil Pipeline Begins Service
The Dakota Access pipeline construction project officially begins shipping oil.
Oil Theft Around The World: Cartels And Exploding Donkeys
Thousands of miles of oil pipelines connect the world’s oil producing hubs to their key customers’ refineries and electrical grids. By replacing trucks, the advent of the pipeline has dramatically reduced the carbon emissions associated with transporting fuel from point A to point B, but their unatt..
Dakota Access Pipeline Expected to Begin Shipping Today
As the Dakota Access pipeline construction project prepares to ship oil, its developer faces scrutiny for alleged construction violations in North Dakota.
Secretary of the Interior Signs Order to Aid Alaska Oil and Gas Exploration
U.S. Secretary of the Interior Ryan Zinke has signed a secretarial order to jump-start Alaskan energy production in the National Petroleum Reserve (NPR-A) and update resource assessments for areas of the North Slope, including the “1002 area” of the Arctic National Wildlife Refuge (ANWR). The order..
Report: U.S. Oil Production Could Reach All-Time High in 2017
According to a new report from Rystad Energy, U.S. oil production could reach an all-time high in 2017, surpassing the previous record of 10.044 million barrels per day set in November 1970. Based on proprietary and detailed well-level data, analysts with Rystad Energy say as of May 31, 2017, U.S. ..
- 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