Business & Markets

Iraq to Restore Pipeline to Turkey, Bypassing Kurdish Region

BAGHDAD (AP) – Iraq’s Oil Ministry has ordered the restoration of an oil pipeline from the city of Kirkuk to Turkey that would bypass the country’s northern Kurdish region in the wake of the area’s pro-independence referendum. Tuesday’s development is the second measure that Baghdad has taken ove..

NC Gives Qualified No to 3-State Natural Gas Pipeline

North Carolina regulators reject the Atlantic Coast pipeline construction project.

Construction Begins on 650-Mile NGL Pipeline in Permian

EPIC Pipeline begins work on 650-mile NGL pipeline construction project in the Permian Basin.

The Permian Boom Is Coming To An End

The pipeline construction project boom in the Permian may soon slow down

LNG Production Starts At Wheatstone

Chevron has announced the start of production at its Wheatstone LNG offshore project in Australia, with exports from the facility due to begin in several weeks. Initial plans had scheduled the first cargo for mid-2017, Reuters recalls. Wheatstone consists of two liquefaction trains that are togethe..

Gulf Of Mexico Output Falls Nearly 100% After Hurricane Nate

As of Sunday, 92.61 percent of crude oil production capacity in the Gulf of Mexico was shut in, the Bureau of Safety and Environmental Enforcement said. In barrels, this amounted to 1.62 million per day, with 298 platforms and 14 rigs evacuated, representing 40.43 percent and 70 percent of platforms..

Jury Convicts Activist Who Targeted North Dakota Pipeline

A North Dakota jury convicts Dakota Access pipeline construction project protester.

Dakota Access Review to Take Until April

Environmental review of the Dakota Access pipeline construction project to last until April 2018.

2 More Ohio Natural Gas Plants Approved for Construction

COLUMBUS, Ohio (AP) — Regulators have OK’d the construction of two new natural gas power plants in Ohio. The Ohio Power Siting Board on Thursday approved plans for the two separate projects in Guernsey and Trumbull counties that are targeted to begin operating in 2020. Close to a dozen natural gas..

Federal Judge Reinstates Obama-Era Rule on Methane Emissions

WASHINGTON (AP) — Rebuffing the Trump administration, a federal judge on Wednesday ordered the Interior Department to reinstate an Obama-era regulation aimed at restricting harmful methane emissions from oil and gas production on federal lands. The order by a judge in San Francisco came as the Inte..

End of Cross-Canada Pipeline Plan Could be Felt in Maine

The cancellation of the Energy East pipeline construction project could have major ramifications in Maine.

Record U.S. Oil Exports Weigh On Oil Prices

West Texas Intermediate briefly slumped below US$50 after a brief rally, as EIA data about U.S. crude oil exports showed these had hit a record-high of 1.98 million bpd. This is the highest weekly average since exports were once again allowed, after a four-decade ban. Last week’s figure also beat th..

Iran, Iraq, And Turkey Unite To Block Kurdish Oil Exports

Iraq, Iran, and Turkey are taking a unified stance against Kurdistan’s oil sector after the region elected to seek independence from Baghdad in a referendum in September, according to a new report by Rudaw. “In the case of northern Iraq, Iran, Iraq and Turkey will form a tripartite mechanism and wi..

CH2M Wins Pipeline Contract in Africa

CH2M receives contract for a pipeline construction project in Africa.

TransCanada Says It's Cancelling Energy East Pipeline

TransCanada announces it is cancelling the Energy East pipeline construction project.

Nigeria’s "Zero Oil Plan"

I recently reported on the development of economic diversification plans among countries in the Gulf Cooperation Council (GCC) as oil demand prepares to reach a climax in 30 years. Nigeria, among other African producers, has begun to adopt the same policy, according to new goals announced by Abuja t..

Another U.S. LNG Export Project To Come Online In Q4

Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, and several have released recent updates on their operations. Cove Point on schedule to become second U.S. project t..

Qatar Uses Saudi Strategy To Conquer LNG Markets

Qatar holds the third largest natural gas reserves in the world behind Iran and Russia. The country’s offshore region is host to the largest natural gas field in the world, which is split between Qatar and Iran in the Arabian Gulf: The North Dome/South Pars field. Qatar’s offshore waters hold the No..

The Natural Gas Giant To Challenge Israel

When Lebanon’s Prime Minister Saad Hariri paid a visit to Russian President Vladimir Putin mid-September, most media coverage revolved around political and military issues. Yet the meeting was part of Mr. Hariri’s charm offensive to attract foreign investors to Lebanon’s offshore zone, a long-cheris..

Letter of Intent Signed to Develop Gulf Coast Express Pipeline

Kinder Morgan, DCP Midstream, and Targa Resources agree to develop the Gulf Coast Express pipeline construction project.

API: BLM Proposal Offers Opportunity to Fix Venting and Flaring Rule

API today announced it welcomes the Department of the Interior’s (DOI) proposal to delay certain requirements of the Bureau of Land Management’s (BLM) venting and flaring rule while the agency reviews its cost-benefit analysis and makes revisions to the 2016 rule. “Natural gas and oil operators acr..

API: Natural Gas Generation is Essential to the Reliability of America's Electric Power System

During yesterday’s U.S. House Energy and Commerce Subcommittee on Energy’s hearing to examine reliability in a transforming electricity industry, API Executive Vice President and Chief Strategy Officer Marty Durbin highlighted the reliability and resilience of natural gas power generation. Key quot..

API Study: Increased NatGas Exports Boosts Jobs, Accelerates Economic Growth

API has released a new study showing that increased exports of clean and abundant U.S. natural gas (in the form of liquefied natural gas or LNG) could support between 220,000 and 452,000 additional American jobs and add up to $73 billion to the U.S. economy by 2040. The study, conducted by ICF Inter..

New NatGas Gathering System Coming to the Delaware Basin

Producers Midstream to proceed with a natural gas pipeline construction project in the Delaware Basin.

Virginia Water Board to Take up Pipeline Permits in December

Virginia regulators plan to announce their recommendation concerning water permits for two pipeline construction projects in December.

Report Highlights Economic Benefits of Nord Stream 2

A new report shows the Nord Stream 2 pipeline construction project will provide economic benefits to the European Union.

California Regulators OK Request to Extend NatGas Infrastructure Program

California regulators approve SoCalGas' request to extend natural gas pipeline construction project program.

Gas Line Explosion Destroys Equipment in California Desert

BARSTOW, Calif. (AP) — Southern California authorities say nobody was hurt when a natural gas line caught fire and exploded, destroying heavy construction equipment in the western Mojave Desert between Los Angeles and Las Vegas. The San Bernardino Sun reports (http://bit.ly/2yjriLr ) the blas..

Survey Shows Spike In OPEC’s September Oil Production

September figures show that OPEC’s oil production rose in September with Saudi Arabia, Kuwait, and Libya all increased production according to a new Bloomberg survey. Total production from the cartel reached 32.83 million barrels per day, which marks a 120,000 bpd increase from August, the Bloomber..

Drone Companies Team up to Service North Dakota Oil Patch

Drones help make pipeline inspections in North Dakota easier.