Business & Markets
Groups Sue to Block Construction of Louisiana Oil Pipeline
Environmental groups take legal action against the Bayou Bridge pipeline construction project.
FERC Denies Constitution Pipeline Water Permit Petition
FERC denies a petition to overturn New York's denial of water quality certification for the Constitution pipeline construction project.
Residents Flee After Nigeria Gas Company Pipeline Explodes
A heavy explosion at the Nigeria Gas Company pipeline, which crosses the Ugbokodo community near the Warri Refinery, caused chaos in the area, according to emerging reports. The explosion occurred at 4:00 in the morning on Thursday, pushing residents to search for shelter as fires began spreading t..
Trans Mountain Expansion Route Hearing Set for Next Week
The National Energy Board (NEB) will hold an oral hearing beginning Jan. 15, 2018 to consider an application from Kinder Morgan to alter part of the proposed route for the Trans Mountain Expansion Project in the City of Chilliwack, British Columbia. The company applied to the NEB under section 21 o..
Halfwave Awarded Nord Stream 2 Inspection Contract
Halfwave receives inspection contract for the Nord Stream 2 pipeline construction project.
EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd
World oil demand in 2018 is set to grow by an additional 100,000 barrels per day, according to the latest revision to the figure by the U.S. Energy Information Administration. The forecast, which was part of the agency’s Short-Term Energy Outlook for January, also said that the 2019 demand figure w..
Trump’s Plan Makes 65 Billion BOE Available For Drilling
Rystad Energy expects the Trump administration’s new oil and gas leasing plan to make 65 billion barrels of oil equivalent newly available to fossil fuel exploration and production companies, according to a new report by Reuters. “Looking purely at areas that are potentially going to come out of re..
PetroChina’s Biggest Refinery Doubles Russian Pipeline Oil Intake
Since the new Russia-China oil supply agreement took effect at the start of the year, PetroChina’s largest refinery has almost doubled the amount of Russian pipeline crude oil that it is processing, a senior industry source with direct knowledge of the volumes told Reuters on Wednesday. According t..
Oil Companies Dispute Climate Lawsuit Claims
NEW YORK (AP) — Some of the oil companies being sued by New York City over claims they contributed to global warming are disputing the allegation. Mayor Bill de Blasio says the city will be seeking billions in the lawsuit to recoup money spent by the city for resiliency efforts related to cli..
Trump Administration Says No Oil Drilling off Florida Coast
TALLAHASSEE, Fla. (AP) — The Trump administration said Tuesday it would not allow oil drilling off the coast of Florida, abruptly reversing course under pressure from Republican Gov. Rick Scott. Interior Secretary Ryan Zinke said after a brief meeting with Scott at the Tallahassee airport that dril..
FERC Sued over Mountain Valley Pipeline Approval
FERC sued over its decision to approve the Mountain Valley pipeline construction project.
Minnesota Regulators Seek to Limit Delay in Line 3 Decision
ST. PAUL, Minn. (AP) — The Minnesota Public Utilities Commission has decided to stick close to its original timeline for deciding whether to approve Enbridge Energy’s proposal to replace its aging Line 3 crude oil pipeline across northern Minnesota. The April 30 target came into question after the ..
NuStar Energy Launches Open Season to Expand Permian Crude System
NuStar Energy L.P. has launched a binding open season involving a second capacity expansion of NuStar Permian Transportation and Storage LLC’s Permian Crude System, which currently consists of approximately 625 miles of crude transmission and gathering lines spanning Borden, Howard, Martin, and Midl..
Williams Partners Sets Delivery Record on Transco System
Pipeline construction projects completed in 2017 help Williams Partners deliver record volumes of natural gas on the Transco system.
Record Cold Results in Record Gas Usage for New York Utility
POUGHKEEPSIE, N.Y. (AP) — The record-cold temperatures late last week resulted in a New York state utility setting a record for natural gas use. Central Hudson Gas & Electric Corp. said customers in the eight eastern New York counties it serves used a record amount of natural gas last Friday. Then ..
Colorado Debates New Pipeline Regulations after Fatal Explosion
Colorado considers approving new oil and gas pipeline regulations in wake of April 2017 explosion.
Merger Could Mean Pipeline Expansion into South Carolina
Dominion Energy's merger with SCANA could open the door for the Atlantic Coast pipeline construction project to be expanded into South Carolina.
Europe Becomes Victim of Russia’s Newest Oil Strategy
Higher shipments of Russian crude oil to China may saddle European importers with a fatter bill, an industry consultancy warned at the end of last year, noting the latest stage of Russia’s Eastern pivot: the launch of the expanded East Siberia-Pacific Ocean pipeline that would lift Urals crude suppl..
Canadian Crude Oil Exports Decline On Keystone Pipeline Leaks
Canadian crude oil exports fell 2.4 percent in November as the United States dropped imports from its northern neighbor to 3.26 million barrels per day, according to a new report by Reuters. An 80,000-bpd drop came as the Keystone pipeline was forced to shut down following a leak in South Dakota a ..
North Dakota Officials: Proposed Pipeline Can Accommodate Rising Production
North Dakota officials say ONEOK's proposed 900-mile Elk Creek pipeline construction project will help accommodate increasing production in the state.
Contract Awarded for Balticconnector Pipe Production
Corinth Pipeworks receives pipe production contract for the Balticconnector pipeline construction project.
EVX Midstream to Build Eagle Ford Oil Pipeline
EVX Midstream Partners to move ahead with a crude oil pipeline construction project in the Eagle Ford Shale.
Judge Won't Delay Dakota Access Shooting Suspect's Trial
Federal judge refuses to delay trial for woman accused of shooting at law enforcement officers during the Dakota Access pipeline construction project.
Alaska May Open up Again for Oil Leasing, but Risks Linger
ANCHORAGE, Alaska (AP) — President Donald Trump’s plan to open America’s oceans to petroleum drilling drew condemnation from West Coast and Florida governors but was welcomed in the state where most lease sales could be held. Alaska Gov. Bill Walker, an independent facing re-election this year, emb..
Pipeline Protester Convicted of Felony, Sentence Deferred
Judge convicts Dakota Access pipeline construction project protester of a felony.
Oil And Gas Run Low As East Coast Sees Record Snowfall
The past week of continuous record low temperatures and snowfall has oil-dependent power plants in the northeast scrambling to secure supplies of some of the dirtiest burning oil available in the market due to an impending supply shortage, according to a new report by Hellenic Shipping News. Oil fu..
ONEOK Plans Pipeline Construction Project in the Rockies
ONEOK announces $1.4 billion natural gas pipeline construction project.
API: New Offshore Drilling Plan Will Strengthen U.S. Energy Security
The American Petroleum Institute (API) today announced its support for the Interior Department’s new proposal for a five-year offshore oil and natural gas leasing plan to allow greater access to energy resources in the U.S. Outer Continental Shelf, putting the U.S. on the right track towards increas..
Trump Moves to Vastly Expand Offshore Drilling
WASHINGTON (AP) — The Trump administration on Thursday moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades. The new five-year drilling plan also could ope..
Gas Pipeline Fire Causes Blackouts In Nigeria
A gas pipeline fire has caused parts of Nigeria’s electric grid to shut down, according to an announcement by the ministry of power on Wednesday. The incident at the Escravos Lagos Pipeline caused power cuts at several stations near the major southern city of Edo, an official statement read. “The ..
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- 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
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
