Business & Markets
Enbridge Line 3 Pipeline Debate Shifts to Public Hearings
Public hearings concerning Enbridge's Line 3 Replacement Project to begin this week.
Vermont’s High Court Finds in Favor of Pipeline Under Park
Vermont's Supreme Court rules in favor of a natural gas pipeline construction project.
Oil Spills From Pipeline After Syria Army Retakes Oil Field From ISIS
Oil spilled from a pipeline at the al-Teym oil field in the oil-rich desert south of Deir al-Zor in Syria after the Syrian Arab Army and its allies had recaptured the oil site from ISIS, video footage uploaded on Friday on YouTube by Berlin-based video news agency Ruptly shows. Earlier this month, ..
MDU to Build Natural Gas Pipeline to Doosan Bobcat Factory
Montana utility to proceed with a natural gas pipeline construction project in North Dakota.
NEXUS Pipeline Gets Ohio Water Permit
The Ohio EPA has issued a Water Quality Certification for Enbridge’s Nexus Transmission Pipeline Project to be constructed in Columbiana, Stark, Summit, Wayne, Medina, Lorain, Huron, Erie, Sandusky, Wood, Lucas, Henry and Fulton counties. The 255-mile NEXUS Transmission Pipeline Project will transp..
U.S. Shale: Water Is the New Oil
Water pipeline construction projects in the Permian Basin on the rise.
OPEC Talks End Without Recommendation On Output Cut Extension
The OPEC/non-OPEC joint panel on monitoring the cuts, which is meeting in Vienna today, has concluded talks without any recommendation for the broader group on whether it will extend the production cuts beyond March next year, one OPEC delegate told Bloomberg at the end of the meeting. The monitori..
Trump Aims For Arctic Oil And Gas
The Trump administration is trying to lay the groundwork to open up the Arctic National Wildlife Refuge (ANWR) for oil and gas drilling, according to a report last week from the Washington Post. It won’t be easy, and it is not guaranteed to work, but the Department of Interior is hoping to crack op..
ExxonMobil Resumes Service on Pipelines Affected by Harvey
ExxonMobil today announced that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey. “We are making good progress safely res..
Report: Global LNG Market to Reach Nearly $21 Billion by 2025
According to a new report from Grand View Research, Inc., the global LNG market is expected to reach 20.6 billion by 2025, growing at a CAGR of 12.7%. Reasons given for this growth include: A rising focus on development and expanding gas pipeline infrastructure and growing demand for natural gas..
Purchase of California Oil Hub Dropped After State Sues
SAN FRANCISCO (AP) — The Valero Energy petroleum company says it is giving up plans to acquire the last independently owned petroleum terminal in the San Francisco Bay Area. Valero said in a statement Monday that it is dropping its purchase of the Martinez petroleum terminal hub rather than wage a ..
Ohio Increases Fines to $2.3 Million Against Pipeline Developer
The Ohio EPA more than doubles fine against Energy Transfer Partners for Rover pipeline construction project pollution violations.
Russia’s Kurdish Pipeline Gamble
Russia's Rosneft is taking a major gamble with a $1 billion gas pipeline construction project in Kurdistan.
Turkey’s Gas Pipelines at Major Crossroad
Natural gas pipeline construction projects at a major crossroads in Turkey
Kuwait Pipeline Construction Project Contract Awarded
The Kuwait Oil Company awards Larsen & Toubro an EPC contract for a crude oil pipeline construction project.
Natural Gas and LNG: Future of Electricity
The International Energy Agency (IEA) reports that 1.2 billion people, or 17% of the world’s population, has no access to electricity. About 38% or 2.7 billion lack clean cooking facilities. “More than 95% of these people are either in sub-Saharan Africa or developing Asia, and around 80% are in rur..
Oil & Gas Officials Confident in Industry’s Bright Future
West Virginia oil and gas officials continue to be optimistic about the industry’s future in West Virginia. Scott Freshwater, president of the Independent Oil and Gas Association of West Virginia, said that even though the price of natural gas in the Appalachian basin is discounted right now becaus..
IEA: Price Spike Coming In 2020
The oil market has been awash in crude for more than three years, and OPEC has struggled to accelerate the rebalancing effort, but the world could be heading for a supply crunch in a few years due to the sharp fall in industry spending. The halving of oil prices from $100 per barrel before 2014 dow..
FERC: HDD Activities on the Rover Pipeline Can Resume
FERC rules that Energy Transfer Partners can resume HDD activities along the Rover pipeline construction project.
The Kurdish Referendum Could Reshape Oil Markets
Iraq, the second-largest OPEC producer, may be facing a significant disruption to its oil exports this month. On September 25, citizens of the northern region of Kurdistan, a semi-autonomous area of Iraq, will vote in a referendum for national independence. If the referendum passes, as it is expect..
The World’s Largest Offshore Oil Field Is Back In Action
Without much international fanfare, the world’s largest offshore oil field and the largest discovered in the last 40 years, Kazakhstan’s Kashagan Field, is on the verge of finally moving beyond the manifold impediments that hindered its development. Discovered in 2000, the 13 Bbbl field (38 Bbbl of..
Regulators Give Atlantic Sunrise OK to Build Pipeline
FERC has granted final approval for the Atlantic Sunrise pipeline construction project.
Pipeline Board: Let Campus Experts Analyze Enbridge Line 5
LANSING, Mich. (AP) — An advisory group is recommending that Michigan universities analyze the worst-case scenario of an oil pipeline failure in the Straits of Mackinac. The effort would be led by Michigan Tech University, which would collaborate with experts at other universities. The recommendati..
Does Canada Need More Oil Sands Pipelines?
A new report questions whether Canada needs more to proceed with pipeline construction projects in its oil sands.
Pipeline Construction Project Planned in Kurdistan
Rosneft and the Kurdistan Regional Government agree to work together on natural gas pipeline construction project.
Oryx Midstream Plans Oil Pipeline in Delaware Basin
Oryx Midstream Services to build a crude oil pipeline construction project in the Delaware Basin.
Atlantic Sunrise Compressor Station Construction Underway
Williams Partners begins building two compressor stations associated with the Atlantic Sunrise pipeline construction project.
BP And Azerbaijan Lock In Caspian Sea Oil Deal
The government of Azerbaijan signed a new production sharing agreement (PSA) with the consortium operating the Azeri-Chirag-Deepwater Gunashli oil field in the Caspian. The new deal gives Baku a much larger stake in the field and establishes Azerbaijan’s economic ties to Europe for decades to come. ..
Successful Pipeline Construction Project Open Season Concludes
MPLX concludes a successful open season for the Wood River-to-Patoka pipeline construction project.
North Carolina Regulators Say They Need More Time for Pipeline Review
North Carolina regulators say they need more time to review the Atlantic Coast pipeline construction project.
- 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
