News

Saudi Aramco Sells First Crude From Permian Pipelines

Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.

Tribe Seeks to Intervene on Proposed Dakota Access Expansion

The Standing Rock Sioux Tribe has filed a motion to intervene on a proposed expansion of the Dakota Access pipeline.

Canada's Energy Regulator Responds to Concerns Over Enbridge Pipeline Plan

Canada's energy regulator on Tuesday responded to shipper complaints about Enbridge Inc's plan to switch to fixed contracts on its Mainline pipeline network by announcing a fast-track process to gather comment on the proposal that could lead to its being delayed.

BP to Quit Alaska After 60 Years With $5.6 Billion Sale of Assets

British oil major BP on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years.

Mexican President Touts $4.5 Billion Savings in New Pipeline Deal

Mexico said on Tuesday it had struck a deal with a group of companies to renegotiate the terms of natural gas pipeline contracts signed under the previous administration that will eventually save the government $4.5 billion.

Shell, Suncor Energy Ask Canadian Regulator to Review Contentious Enbridge Pipeline Plan

Two major oil companies have asked Canada's energy regulator to urgently review Enbridge Inc's proposal to switch to fixed contracts on its Mainline pipeline system, arguing the changes would be an abuse of Enbridge's market power.

Plains All American to Remove Steel Tariff Surcharge on Cactus II

Plains All American Pipeline filed with U.S. regulators on Monday to remove a proposed surcharge on its Cactus II oil pipeline, tacked on as a result of the Trump administration’s tariff on imported steel.

Enterprise Begins Open Season for ATEX Ethane Pipeline

Enterprise Products Partners has announced the start of a binding open season to determine demand for expanded capacity on the partnership’s Appalachia-to-Texas (“ATEX”) ethane pipeline.

Gulf Coast Crude Prices Slide After Threat of Chinese Tariffs

China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S. Gulf Coast, where exporters already have taken to shipping crude overseas without firm buyers, traders said.

H2O Midstream Acquires Sabalo Energy Produced Water Assets, Closes 15-Year Service Agreement

H2O Midstream has announced the acquisition of produced water infrastructure from Sabalo Energy, concurrent with the execution of a 15-year acreage dedication to provide produced water gathering, disposal and recycling services to Sabalo.

N.D. Supreme Court Upholds Dismissal of Pipeline Security Case

The North Dakota Supreme Court has denied an appeal by state regulators who sought up to $2 million in fines from a North Carolina company that handled security for the developer of the heavily protested Dakota Access oil pipeline.

Mexican President Hopes for Pipeline Deal Next Week

Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

Sources: Majors Stuck with Tainted Russian Crude While Compensation Talks Continue

BP and Glencore are struggling to sell around 600,000 tons of tainted Russian oil more than three months after the contamination was discovered, according to six trading sources.

Canada's Alberta Extends Oil Curtailments Through 2020 Due to Slow Pipeline Progress

The government of Canada’s main oil-producing province, Alberta, said on Tuesday it was extending mandatory curtailments on crude production by an extra year through 2020, because of uncertainty about when expanded pipelines may come online.

Markets React to Drone Attack that Torched Saudi Gas Plant

Crude oil prices rose Monday and Tuesday after a weekend attack on a Saudi oil and gas field caused a fire at a gas plant, but state-run Saudi Aramco said production was not affected.

Pipeline Constraint in North Dakota Causes Flaring to Reach Record Levels

Regulators say the volume of natural gas flared in June reached an unprecedented level due to shutdowns of several natural gas processing facilities and pipelines.

Enbridge Aims to Restore Line 25 Service by Aug. 24-26 After Kentucky Blast

Canadian energy company Enbridge Inc said it expects to return one pipe to service between Aug. 24 and 26 on its Texas Eastern natural gas system in Kentucky that shut after an explosion on an adjacent line killed one person on Aug. 1.

Lebanon Prime Minister Hopes for Decision in September on Disputed Gas Pipeline

Lebanese Prime Minister Saad al-Hariri said on Thursday after talks in Washington that he hoped for a final decision, possibly in September, on a proposal for resolving a maritime border dispute with Israel on a gas pipeline.

EPIC Midstream Ships First Crude on New Permian-Gulf Coast Pipeline

EPIC Midstream Holdings Inc on Thursday began shipping crude oil on its 400,000 barrel per day (bpd) pipeline from the Permian Basin to the U.S. Gulf Coast, pushing Midland crude prices higher, traders said.

'Bright Spot' Midstream Sector Bucks Energy Bankruptcy Trend

Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported, but the midstream fared better than other sectors.

Ukraine Preparing for Russian Gas Supply Cut if Transit Deal Falls Through

Ukraine's gas transport company Ukrtransgaz has upgraded several gas pumping stations so it can provide gas to eastern and southern regions of the country if there is a disruption in supply from Russia, the company said on Wednesday.

2 Pennsylvania Constables Charged for Pipeline Security Work

Prosecutors say two Pennsylvania constables have been arrested for misusing their elected positions to work as “hired guns” for a natural gas pipeline.

Montana Judge Sets Date for Keystone XL Lawsuit Hearing

A Montana judge won’t take up the latest dispute between the Trump administration and environmental groups over the proposed Keystone XL oil pipeline until this fall.

Cleaning Polish System After Russian Dirty Oil to Take at Least Six Months

Cleaning the Polish pipeline and storage system after it was contaminated with tainted oil from Russia in April will take at least six months, Poland’s minister responsible for energy infrastructure said on Wednesday.

Protesters Sue Over Arrests During Bayou Bridge Pipeline Protests

Three people protesting construction of a south Louisiana oil pipeline last year claim they were illegally arrested and assaulted in a lawsuit filed Friday against the pipeline’s owners, a security company, a sheriff and several state law enforcement officers.

Anadarko Midstream Group Gets New Oxy Leadership After Buyout, Could Hint at Future Sale

Less than a week after Anadarko’s shareholders overwhelmingly approved its acquisition by Occidental Petroleum (Oxy), the new owners have replaced executive leadership at Western Midstream (WES), a business that is viewed as a prime target for sale by Oxy as it seeks to reduce debt from the buyout.

Mid-East Group, Russia Split on Caspian Resources, Pipeline

Five countries bordering the energy-rich Caspian Sea met Monday at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region's oil wealth.

BP Considers Shipping Non-Diluent Products on U.S.-Canada Pipeline

BP Midstream Partners is considering shipping other products besides diluent on its 135,000 barrel per day Diamondback pipeline, which helps transport diluent from the United States to Canada, Chief Executive Rip Zinsmeister said on Thursday.

EPA Expected to Crimp State Authority over Pipeline Approvals

The Environmental Protection Agency (EPA) was scheduled to release a proposed rule in August limiting the ability of states to delay or even prevent the building of pipelines by delaying approval of water quality certifications required under the Clean Water Act. The CWA’s Section 401 gives states a reasonable amount of time, defined as up to one year, to consider a pipeline’s application.

New Democratic Pipeline Safety Bill Elicits Industry Opposition

House Democrats debuted the first comprehensive pipeline safety reform bill introduced in this Congress, and it contains a number of provisions opposed by both the intrastate and interstate gas transportation industries.