Pipeline
U.S. Energy Secretary: No Need to Hoard Fuel After Pipeline Outage
U.S. Energy Secretary Jennifer Granholm said on Tuesday there are no gasoline shortages in the wake of the Colonial Pipeline shutdown and that consumers should report any instances of price gouging of motor fuel.
Canada, U.S. Ties Could be Undermined if Michigan Shuts Pipeline
A day before Michigan's deadline to close down a key crude oil pipeline, Canada on Tuesday issued its strongest remarks so far, saying the move could undermine relations with the United States, its closest ally and trading partner.
Suncor to Develop Hydrogen Project in Alberta Amid Renewables Push
Suncor Energy will develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant steps taken by an oil sands producer to cut greenhouse gas emissions and tackle climate change.
U.S. Fuel Supplies Tighten as Pipeline Outage Enters Fifth Day
Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern about price spikes at the pumps ahead of the summer driving season.
Venezuela Needs $58 Billion to Restore Crude Output to 1998 Levels
PDVSA estimated that $7.65 billion is needed for reviving pipelines, projects for gas injection to oilfields, terminals and refineries that are idled or underperforming due to lack of maintenance.
Traders Book Tankers in Europe to Ship Gasoline Across Atlantic after Colonial Shutdown
Traders provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations following a cyber attack that shut the United States' top fuel pipeline network, Refinitiv Eikon data showed on Monday.
Australia Commits $45 Million to Boost Gas Supply
The Australian government said it will commit A$58.6 million ($45.3 million) to boost gas supply, storage and pipeline capacity in its 2021-22 budget, due to be unveiled on Tuesday.
Hackers Say They're Seeking Cash as Top US Fuel Pipeline Down for 4th Day
A group of cybercriminals allegedly responsible for the ransomware attack that shut the largest fuel pipeline in the United States said on Monday it only wants to make money, not disrupt society, as Washington scrambled to help restore the network.
EXPLAINER: Colonial Pipeline Shutdown Could Raise U.S. Pump Prices
The largest U.S. fuel pipeline system, Colonial Pipeline, shut down on Friday after a cyber attack, prompting worries about a spike in gasoline and diesel prices ahead of the peak summer driving season if the outage does not end soon.
Colonial Pipeline Shuts Down after Cyber Attack
Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack that industry sources said was caused by ransomware.
Energy Transfer Expects $2.4 Billion Boost from Winter Storm
Energy Transfer LP expects to gain roughly $2.4 billion from Winter Storm Uri, which knocked out power and halted the distribution of natural gas in Texas to homes and businesses, company executives said.
Enbridge to Keep Great Lakes Pipeline Running, Defy Looming Michigan Shutdown Order
Canada's Enbridge Inc will continue to operate its Line 5 despite an order from the U.S. state of Michigan to shut down the crude oil pipeline next week, Chief Executive Al Monaco said.
TC Energy Posts C$1 Billion Quarterly Loss on Keystone XL Suspension
Canadian pipeline operator TC Energy on Friday swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL pipeline project.
How Drones Assist with Pipeline Inspections
The benefits of drone technology are especially apparent in large-scale infrastructure projects with high regulatory burdens and high consequences if something goes wrong.
Perspective: Methane Emissions Still Rising Quickly, a New UN Report Warns
As methane emissions are reduced, the world reaps several benefits quickly, for health as well as the climate. In most cases, the benefits of taking action far outweigh the cost – in fact many of them make money.
Results Show Billions in Profit from Texas Freeze for Gas and Power Sellers
Natural gas suppliers, pipeline companies and banks that trade commodities have emerged as the biggest market winners from February's U.S. winter blast that roiled gas and power markets, according to more than two dozen interviews and quarterly earnings reports.
Australia’s Western Gas, APA Group Studying Potential Gas Pipeline
Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a 130-mile (210-km) offshore pipeline and a transcontinental pipeline, the companies announced.
Brazil's Petrobras Reopens Bidding for Golfinho Oilfields
Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster following a rise in crude prices over the last several months.
Saudi Aramco Seeks $7.5 Billion Loan for Pipeline Investors
In late 2019, struggling Saudi Aramco (Aramco), the world’s largest oil company, completed the biggest initial public offering of shares to raise $25.6 billion, with additional shares sold, bringing the total raised to a hefty $29.4 billion.
Galaxy Pipelines Look to Expand Gas Pipeline Network in Abu Dhabi
Despite climate change, and uncertain futures for both demand and supply, some financial investors have become enthusiastic about gas pipelines.
PRCI Working to Ensure Sustainability Today and Tomorrow
PRCI has advanced the development of its research portfolio through the establishment of Strategic Research Priorities (SRP) that will have a key impact on our members and the pipeline industry.
Total and Papua New Guinea Government Remobilizing, Planning Papua LNG Project
France-based oil company Total and the government of Papa New Guinea announced the remobilization of the Papua LNG project after a year of delay caused by the Covid-19 pandemic.
Plains Raises Pipeline Transportation Earnings Forecast as Costs Decline
Plains All American Pipeline LP raised its forecast for 2021 transportation segment earnings, as lower operating costs helped offset a decline in volumes shipped on its pipelines.
Natural Gas Projects Boost Midstream in Early 2021
While no one can dispute that 2020 was not a good year for midstream, there has been some positive movement concerning natural gas pipelines – despite a year characterized by pricing woes and a crippling pandemic.
EXPLAINER: The Dakota Access Pipeline Faces Possible Closure
A U.S. court could order the Dakota Access Pipeline (DAPL) shut in coming weeks, disrupting deliveries of crude oil, and making nearby rail traffic more congested.
Army Corps: No Cause to Shut Dakota Pipeline During Review
The U.S. Army Corps of Engineers said it does not believe a judge should order the Dakota Access oil pipeline shut while environmental review continues, according to court filings on Monday.
Enterprise Products Oil Pipeline Volumes Drop Amid Winter Storms
Enterprise Products Partners LP said volumes across its pipelines dropped by 13% in the first quarter as producers and refiners were hit by winter storms, causing damage to facilities and disrupting shipments.
Winter Storms Hit Phillips 66 Partners' Q1 Pipeline Volumes
The amount of oil and gas shipped on Phillips 66 Partners LP pipelines fell about 6% in the first quarter as winter storms disrupted service and the COVID-19 health crisis continued to hamper fuel demand.
North Carolina Again Denies Permit for Mountain Valley Pipeline Extension
The North Carolina Department of Environmental Quality (DEQ) again denied Mountain Valley Pipeline's (MVP) request for a water permit for its proposed Southgate natural gas pipeline project from Virginia to North Carolina.
BNSF Can Handle More Crude-by-Rail Shipments if Dakota Pipeline is Shut, Railroad Says
BNSF, the railroad unit of Warren Buffett's Berkshire Hathaway Inc, is prepared to handle any increase in rail traffic if the Dakota Access oil pipeline (DAPL) is shut due to an ongoing legal dispute, the company told Reuters.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
