Oil
Open Season Underway for Oil Gathering System
Western Refining launches open season for the Conan Crude Oil Gathering pipeline construction project.
Kinder Morgan Pipeline Faces Opposition From BC Political Parties
Following an initial public offering that raised US$1.3 billion (C$1.75 billion), Kinder Morgan Canada’s restricted voting shares start trading on the Toronto Stock Exchange on Tuesday, just hours after two British Columbia parties opposing a Kinder Morgan pipeline expansion agreed to form an allian..
Greece Opens Onshore Oil, Gas Blocs For Exploration
Greece will start opening new onshore oil and gas blocks for exploration in 2018, the head of the Hellenic Hydrocarbons Resources Management (HHRM), Yannis Bassias, told Reuters in an interview published on Monday. One of the first areas slated for opening is the region of Grevena in northern Greec..
1.2 Million BPD Capline Pipeline Could Be Retired By 2021
New pipelines with similar routes may drive Plains All American LP’s Capline pipeline, from Louisiana-to-Illinois, obsolete, according to a new report by Reuters. The 1.2-million-barrel-per-day pipeline, was once the nation’s largest, but a bank report from the company’s latest investor presentatio..
Kinder Morgan Moving Forward with Trans Mountain Expansion Project
Kinder Morgan has secured the necessary financing to move forward with the Trans Mountain Expansion Project.
OPEC Extends Output Cut
VIENNA (AP) — An alliance of many of the world’s biggest oil-producing nations extended their agreement to cut output for an additional nine months — an effort to support prices that will prove difficult in the face of growing production from the U.S. Thursday’s decision by the OPEC cartel — no..
Senate Bills Seek Tougher Great Lakes Pipeline Standards
DETROIT (AP) — Legislation proposed in the U.S. Senate would toughen liability standards for oil pipelines crossing the Great Lakes. The measure is part of a package introduced Wednesday by Sens. Gary Peters and Debbie Stabenow of Michigan. They say the bills are intended to boost safety of pipelin..
Iraq Could Make Or Break The OPEC Deal
The markets are betting that the OPEC extension is all but guaranteed after Saudi Arabia and Russia announced their intention to support a nine-month extension. Saudi energy minister Khalid al-Falih tried to put to rest any possibility of dissention. “We think we have everybody on board,” al-Falih ..
Nebraska Commission Sets O'Neill Hearing for Pipeline Review
A public hearing has been scheduled in Nebraska concerning the Keystone XL pipeline construction project.
Open Season Extended for Pipeline Construction Project
Open season extended for the Permian Basin to Cushing pipeline construction project.
Oklahoma Budget Crisis Spurs Battle Among Oilmen
OKLAHOMA CITY (AP) — An impasse among Oklahoma lawmakers over how to fix the state’s worst budget problem in decades has sent the legislature spiraling into chaos and focused blame on the usually sacrosanct oil and natural gas industry for not paying more taxes. The industry has historically been t..
Iran, Spanish Company Sign $615 Million Deal for Oil Pipes
TEHRAN, Iran (AP) — Iran on Wednesday signed a deal worth $615 million — or euros 550 million — with a Spanish-Iranian consortium under which the group will provide pipes used in Iran’s oil industry. It was the first major deal for Iran’s oil industry since President Hassan Rouhani’s re-election la..
Trump To Sell Half The Strategic Petroleum Reserve
In a release of part of the draft budget for fiscal 2018, the Trump administration has proposed halving the strategic petroleum reserve, which will raise some US$500 million during the fiscal year and US$16.6 billion over the next ten years, according to Bloomberg. Among the other measures aimed at..
Oil Pipeline Attack Breaks Months Of Truce In Nigeria
Just as Nigeria’s government and militants in the restive Niger Delta have managed to reach a kind of fragile truce with talks, amnesty funding, and incentives, a pipeline close to the Warri oil hub was attacked by suspected rebels in what was the first sabotage against the country’s oil facilities ..
Texas Gov. Reauthorizes Oil and Gas Regulator for Another 12 Years
The Railroad Commission of Texas, which handles the state's oil and gas pipeline regulations, reauthorized to operate for another 12 years.
Pipeline Planned at Big Colorado Well Site, not Noisy Trucks
Extraction Oil & Gas says it will proceed with a pipeline construction project in Colorado.
Despite High Profile Spills, Oil Pipelines Are Still Safer Than Other Options
Last month, on April 4, the highly controversial Dakota Access Pipeline had its first leak before it was even fully operational. The small leak spilled about 84 gallons of shale oil at a pump station in Spink County, South Dakota. The incident occurred just 100 miles south of Standing Rock, the now ..
Two More Leaks Found Along Dakota Access Pipeline
BISMARCK, N.D. (AP) — The Dakota Access pipeline system leaked more than 100 gallons of oil in North Dakota in two separate incidents in March — the second and third known leaks discovered as crews prepared the disputed $3.8 billion pipeline for operation. Two barrels, or 84 gallons, spilled due to..
Uganda, Tanzania Reach Pipeline Construction Agreement
Uganda and Tanzania agree to proceed with the East African Crude Oil pipeline construction project.
Lawsuit Dismissed Against Pipeline Construction Project Protesters
Federal judge dismisses lawsuit against protesters of the Dakota Access pipeline construction project.
Tribes Fighting Pipeline Drop Appeal
American Indian tribes drop their appeal of the Dakota Access pipeline construction project.
Michigan Town OK's Shutting Down Enbridge's Line 5
KALAMAZOO, Mich. (AP) – The Kalamazoo County Board of Commissioners has decided to close a pipeline that spilled over 843,000 gallons of heavy crude oil into the Kalamazoo River seven years ago. The Kalamazoo Gazette (http://bit.ly/2rqL8Od ) reports the board passed a resolution Tuesday in op..
Keystone XL Operator Reassessing Interest Of US Producers
TransCanada is reassessing interest in the Keystone XL pipeline construction project.
Medallion Begins Open Season for Pipeline Construction Project
Medallion Midstream launches open season for a crude oil pipeline construction project in the Midland Basin.
Tribes in US, Canada Unite Against Keystone XL
U.S. and Canada tribes sign declaration against the Keystone XL pipeline construction project.
Open Season Underway for Pipeline Construction Project
Open season officially underway for Energy Transfer Partners' Permian Express 3 pipeline construction project.
Environmental Review Due for Enbridge Pipeline Replacement
The Minnesota Department of Commerce to release draft environmental review for Enbridge's Line 3 pipeline construction project today.
Oil Pipeline Opponents Going After The Money
Those opposed to pipeline construction projects have started targeting the financial institutions backing them.
Blast at Illegal Pipeline Tap Kills 4 in Mexico’s Veracruz
MEXICO CITY (AP) — An illegal pipeline tap went up in flames in the Gulf coast state of Veracruz on Saturday, killing four suspected fuel thieves, Mexico’s state oil company reported. Petroleos Mexicanos, or Pemex, said in a statement that four charred bodies and a burnt-out vehicle were found at t..
Signs of Oil Boomlet in North Dakota After Pipeline Finished
The now-operational Dakota Access pipeline construction project will help North Dakota capitalize on increasing oil production.
- 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
