News

Subsea 7 Awarded Shell Offshore Infrastructure Contract Near Aberdeen, UK

Subsea 7 has announced the award of a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.

U.S. Energy Sec Perry Warns Europe of Russia's Gas Pipeline Plans

Russia's Nord Stream 2 and TurkStream natural gas pipeline projects threaten to increase Moscow's political influence in Europe and leave it vulnerable to supply disruptions, U.S. Energy Secretary Rick Perry said on Monday.

Poland Expects to Remove Tainted Russian Oil By July 2020

Poland’s pipeline operator PERN expects that its system will be completely cleared of contaminated Russian oil by July 2020, its Chief Executive Igor Wasilewski said on Monday.

Colombia’s Trasandino Pipeline Damaged in Bombing

Colombia's Trasandino pipeline was damaged in a bomb attack, state-run oil company Ecopetrol said on Saturday, spilling crude oil into a nearby river.

Occidental Delays Plans to Divest Western Midstream

Occidental Petroleum Corp has put plans to divest part of its ownership in pipeline operator Western Midstream Partners on hold until next year, after failing to attract an offer it deemed attractive, people familiar with the matter said on Friday.

Gazprom: Nord Stream 2 Cost Would Rise by 'Hundreds of Millions' to Bypass Denmark

An alternative route bypassing Danish waters for the construction of the undersea Nord Stream 2 gas pipeline would cost “hundreds of millions of dollars,” the chairman of Russian gas company Gazprom told Reuters.

U.S. Supreme Court to Hear Appalachian Trail Pipeline Fight

The U.S. Supreme Court on Friday agreed to hear an appeal by Dominion Energy Inc and President Donald Trump's administration of a lower court ruling that halted construction on a natural gas pipeline due to run underneath a section of the popular Appalachian Trail in rural Virginia.

Kinder Morgan Announces Commercial in Service of First Unit at Elba Island Liquefaction Facility

The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan and EIG Global Energy Partners (EIG), has announced the commercial in service of the first of ten liquefaction units of the approximately $2 billion Elba Liquefaction project.

OMV Chief Says No Need to Discuss Alternative Nord Stream 2 Route

There is no need to discuss alternative routes for Gazprom’s Nord Stream 2 gas pipeline project, which is still awaiting approval for its Danish leg, the chief executive of Austria’s OMV said on Thursday.

Pipeline Spill Releases Produced Water Into ND Creek

A pipeline spill has released produced water into a small creek and a stock pond in western North Dakota.

Israel to Increase Gas Exports to Egypt via EMED Pipeline

Israel is significantly increasing the amount of natural gas it plans to export via the Eastern Mediterranean (EastMED) Pipeline to Egypt under a landmark deal, Israeli energy companies said on Wednesday.

Putin Urges Denmark to Ignore U.S. Pressure Over Nord Stream 2

Russian President Vladimir Putin urged Denmark on Wednesday to ignore U.S. pressure and "show it has sovereignty" by allowing the Nord Stream 2 gas pipeline to go through its territory.

Minnesota Regulators Restart Line 3 Pipeline Review Process

State utility regulators on Tuesday unfroze the approval process for Enbridge Energy's plan to replace its aging Line 3 crude oil pipeline across northern Minnesota, directing a state agency to fix the deficiencies identified by a court in the project's environmental review.

2 Women Indicted for Federal Counts In Pipeline Vandalism Case

Two women accused of damaging valves and setting fire to construction equipment along an oil pipeline that crosses Iowa and three other states have been indicted on federal charges in the case, federal prosecutors said Tuesday.

PHMSA Publishes "Mega" Rule After Nearly A Decade of Work

U.S. transportation officials on Tuesday adopted long-delayed measures that are meant to prevent pipeline spills and deadly gas explosions but don't address recommended steps to lessen accidents once they occur.

Enbridge Asked to Revise Environmental Impact Statement for Line 3 Replacement Project

Enbridge Inc needs to add an analysis of potential oil spills into Lake Superior watershed and submit a revised environmental impact statement (EIS) to proceed with its Line 3 pipeline replacement project, a Minnesota regulator said on Tuesday.

Shell Urges U.S. Congress to Withhold Nord Stream 2 Sanctions

Royal Dutch Shell is asking the U.S. Congress not to enact sanctions against the Russia-led Nord Stream 2 undersea gas pipeline to Germany, said Cederic Cremers, head of Shell's business in Russia.

Iran Building Oil Pipeline to Terminal Outside Gulf

Iran is building a $1.8 billion oil pipeline to its port of Jask outside the mouth of the Gulf, the country's oil minister said, as part of plans to protect its exports against potential problems in the region and to boost shipments of Caspian oil.

EIA Reports U.S. Oil Output Slides Again in July

U.S. crude oil output fell 276,000 barrels per day (bpd) in July to 11.81 million bpd, its third monthly decline from its record high in April at 12.12 million bpd, according to a U.S. Energy Information Administration monthly report released on Monday.

Occidental Completes Mozambique LNG Sale, Other Key Divestments

Occidental Petroleum Corporation (Oxy) has announced completion of the sale of Anadarko's 26.5% stake in Mozambique's liquefied natural gas project to French major Total for $3.9 billion, the company said on Monday, along with the completion of other key divestment objectives following the recent close of its acquisition of Anadarko Petroleum in August.

Canada Regulator Stops Enbridge Mainline Contract Plan

The Canada Energy Regulator on Friday stopped Enbridge Inc from auctioning the right to send crude oil through its Mainline pipeline system due to the “perception of abuse of Enbridge’s market power.”

NextEra Energy Partners to Buy Meade Pipeline for $1.37 billion

Independent power producer NextEra Energy Partners LP said on Monday it will buy Meade Pipeline Co LLC, a co-owner of the Central Penn Line in Pennsylvania, in a deal valued at about $1.37 billion, including some future capital contributions.

IEA May Cut Its Oil Demand Growth Estimates if Global Economy Weakens

The International Energy Agency (IEA) may cut its growth estimates for global oil demand for 2019 and 2020, should the global economy weaken further, its chief said on Friday.

Elliott Pushes for Marathon Petroleum to Split Into Three

Elliott Management Corp on Wednesday urged Marathon Petroleum Corp to split into three companies, including a separate midstream company, saying it would boost shareholder value by as much as $40 billion, three years after the activist hedge fund asked the refiner to consider spinning off businesses.

Enbridge Installing Supports for Great Lakes Oil Pipeline

Enbridge says it has begun installing steel supports on an oil pipeline in Michigan's Straits of Mackinac, where erosion has created a gap between the line and the lake bottom.

Marketlink Oil Pipeline, Gulf Coast Terminals Restarted After Storm Imelda

TC Energy Corp’s Marketlink oil pipeline, from Cushing, Oklahoma, to Nederland, Texas, was restarted on Friday after it was shut down last week due to Tropical Storm Imelda, a company spokesman said on Monday.

Eagle LNG Receives FERC Authorization for Jacksonville LNG Export Facility

Eagle LNG Partners LLC (“Eagle LNG”) announced that the U.S. Federal Energy Regulatory Commission (“FERC”) has issued the order granting authorization for siting and constructing its proposed on-water Jacksonville LNG Export Facility.

Saudi Arabia to Restore Full Oil Output by Next Week - Source

Saudi Arabia has restored more than 75% of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.

Saudi Arabia Shuts Pipeline to Bahrain after Oil Outage

Saudi Arabia has shut down its crude oil pipeline to Bahrain after attacks on Saudi oil facilities, two trade sources told Reuters.

Fire Put Out on Tanker at Norway's Sture Oil Terminal

Police evacuated people from a major tanker port in southern Norway Friday as a precaution after a fire on an oil tanker.