Business & Markets
Major Energy Importer Bets $10 Billion On Natural Gas
Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the hottest story going worldwide. That’s natural gas. With the world’s top importing nation — Japan — saying this week it’s abou..
Colorado Proposes New Rules for Oil-Gas Lines After Blast
New pipeline regulations proposed in Colorado in response to April 2017 natural gas explosion.
TAP Pipe Deliveries Complete to Albania, Greece and Italy
The last shipment of steel line-pipes arrives in Greece for the Trans Adriatic pipeline construction project.
Land Preservation Board Approves Easements for Pipeline
The Virginia Outdoors Foundation approves the Atlantic Coast and Mountain Valley pipeline construction projects.
Open Season Launched for Pipeline Reversal
Open season for the Capline reversal pipeline construction project launched.
Protesters Arrested at Atlantic Sunrise Construction Site
More than two dozen Atlantic Sunrise pipeline construction project protesters arrested.
Enbridge Gets Presidential Permit for Line 67 Pipeline
Enbridge receives presidential permit for the Line 67 pipeline construction project.
Why U.S. Crude Exports Are Booming
In the years leading up to the shale oil boom, crude oil exports from the U.S. were nearly nonexistent. There were two reasons for that. First, following the 1973 OPEC oil embargo, a crude oil export ban had been enacted as part of an energy bill that aimed to mitigate future oil crises. The crude ..
Canada’s Pipeline Industry Takes Another Hit
Cancellation of major oil pipeline construction project hurts Canada's oil and gas industry.
Federal Regulators Approve Atlantic Coast, Mountain Valley Pipelines
FERC approves the Atlantic Coast and Mountain Valley pipeline construction projects.
Williams Partners to Expand Gas Gathering, Processing and Liquids Handling Services in the Northeastern U.S.
Williams Partners L.P. has executed agreements with Southwestern Energy Company to expand its services in the Appalachian Basin of West Virginia. The agreements call for Williams Partners to deliver gas processing, fractionation, and liquids handling services in Southwestern’s Wet Gas Acreage in the..
Sabine Pass Train 4 Placed in Service
Cheniere Energy Partners, L.P. has completed the Commissioning of Train 4 associated with the Sabine Pass Liquefaction Project in Cameron Parish, Louisiana. As part of a 20-year sale and purchase agreement (SPA) with GAIL (India) Limited, the first commercial delivery for Train 4 of the Sabine Pass..
Husky Energy Set To Restart Pipeline
Husky Energy (TSE: HSE) received a greenlight to restart its pipeline after successfully undergoing testing, inspection, and evaluation of a previously ruptured pipeline, according to local media. Last July, Husky’s pipeline leaked about 225,000 liters of heavy oil mixed with a diluent, about 40 pe..
Nevada Regulators Fine Southwest Gas $300000 for 2 Gas Leaks in Las Vegas
Southwest Gas fined $300,000 in Nevada for two natural gas leaks.
North Dakota Landowners' Lawsuit Against Pipeline Dismissed
Federal judge dismisses lawsuit against the developer of the Dakota Access pipeline construction project.
Oil Prices Poised To Rise In Early 2018
Oil prices will be lower for longer—that is the conventional wisdom. Data suggests, however, that oil supplies are tightening and that higher prices are likely in the relatively near-future. Refined Product Demand and Crude Oil Exports U.S. crude oil plus products comparative inventories have fall..
Enbridge Energy Defends Plan to Replace Line 3 Oil Pipeline
MINNEAPOLIS (AP) — Enbridge Energy disputed a state agency’s recommendation against the company’s proposal for replacing its aging Line 3 oil pipeline across northern Minnesota, insisting in filings Wednesday that the project is needed to ensure adequate crude supplies for Minnesota and other Midwes..
Oklahoma Crude Oil Line Ruptured by Construction Crew
CUSHING, Okla. (AP) — Oklahoma regulators say environmental crews are cleaning up a crude oil spill near one of the world’s largest oil storage sites. Oklahoma Corporation Commission spokesman Matt Skinner said Wednesday that oil spilled into a dry creek bed in Lincoln County, south of the massive ..
Judge Allows Dakota Access Pipeline to Keep Running During Review
Federal judge rules that the Dakota Access Pipeline construction project can remain in service while an environmental review is completed.
NEXUS Pipeline Construction Gets Green Light
FERC says Enbridge can commence work on the NEXUS pipeline construction project.
Rover Pipeline Drilling Activities Can Resume in Michigan
FERC says Energy Transfer Partners can resume HDD activities at four locations in Michigan along the Rover pipeline construction project.
World’s No.1 Oil Trader: U.S. To See Final Oil Output Spike In 2018
The best is yet to come for US oil production—but it will be a short-lived hurrah, according to Ian Taylor, head of oil trading giant Vitol. US oil production has steadily increased throughout 2017 as US drillers regained their footing after the oil price crash. What started out at 8.946 million bp..
OPEC Chief Urges U.S. Shale To Curb Oil Output
In an unconventional plea to U.S. shale drillers, OPEC’s Secretary General Mohammad Barkindo urged North American producers on Tuesday to share the responsibility for drawing down the global oil overhang. “Emerging from this most vicious of all oil cycles, the need to sustain the rebalanced market ..
Europe Stands Divided On Gazprom’s Nord Stream 2 Pipeline
European countries are divided over Gazprom's Nord Stream 2 pipeline construction project.
Officials Say Pipeline Boosts Revenue by $6 Million a Month
North Dakota officials say the Dakota Access pipeline construction has increased the state's tax revenues by $6 million per month.
Trump Administration: Court Can't Suspend Pipeline Decision
The Trump administration says a federal court has no right to second guess a presidential permit issued for the Keystone XL pipeline construction project.
Niger Delta State Looks To Break Free From Oil
Bayelsa, a state in the Niger Delta region of Nigeria, will search for non-oil natural resources to diversify away from its main commodity—oil. This is what the state’s new commissioner in the Ministry of Mineral Resources said after taking office. Markson Fefegha added that there are plans in plac..
Trans Mountain Expansion Route Hearings for Burnaby Segment Set
The National Energy Board (NEB) has announced that detailed route hearings for the Burnaby, B.C. segment (Segment 7) of the Trans Mountain Expansion Project will begin in January 2018. This follows a previous announcement for detailed route hearings in segments one and two (of seven) located in Albe..
Rosneft Looks To Boost Crude Oil Exports To China
Russia’s biggest oil producer, state-controlled Rosneft, is aiming to almost double its crude oil exports to China through Kazakhstan, Reuters reported on Friday, citing three industry sources, in what could be yet another sign that the oil ties between Russia and China are growing closer. Rosneft’..
Barclays: Canada’s Oil, Gas Mid-Caps To Benefit From Slower Output Growth
Canadian mid-cap oil and gas drillers could actually benefit from the slower production growth because it would boost capital efficiency and lower risks, according to research by Barclays. Canada’s exploration and production (E&P) companies do not usually promise high growth in output, unlike U.S. ..
- 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
