Pipeline

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. ..

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..

Montana Pipeline Proposed to Transport CO2 for Oil Recovery

Carbon dioxide pipeline construction project in Montana proposed to help oil production.

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.

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.

Pipeline Gets Federal ok to Carry Natural Gas Liquids

FERC says a Kinder Morgan natural gas liquids pipeline construction project can proceed.

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..

Appeal Begins for Measure that Could Impact Alaska Pipelines

JUNEAU, Alaska (AP) — Attorneys for the state and Alaska group Stand For Salmon made an appearance in front of an Anchorage Superior Court judge, arguing for and against Lt. Gov. Byron Mallott’s rejection of a proposed pro-fisheries ballot measure. The attorneys were in court on Tuesday as part of ..