North America
Husky Energy Shareholders Approve Sale to Cenovus
Husky Energy Inc said on Tuesday its shareholders approved the company's merger with rival Cenovus Energy Inc to create Canada's No. 3 oil and gas producer,
Why Green Hydrogen is Getting its Day in the Sun
Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.
Midwest Refiners to Pipe More Fuel to East Coast, Pressuring Plants
U.S. Midwest refiners are gearing up to pipe more gasoline and diesel to East Coast buyers, hoping to fill a void created by refinery closures and cutbacks, but likely to add pressure to regional fuel producers.
EIA: Natural Gas Venting, Flaring Set Records in 2019
U.S. natural gas venting and flaring hit an all-time high of 1.48 Bcf/d last year, with the bulk of those volumes coming from North Dakota and Texas, updated government statistics show.
Gas Suspected in Fatal Omaha House Explosion
An explosion that leveled a home in Omaha killed two people and left two others critically injured, fire officials said. Crews from the city’s natural gas utility were on the scene, but the cause has not been confirmed.
Kinder Morgan Sees Higher Income in 2021, Raises Dividend
Kinder Morgan Inc said on Tuesday it expects to generate higher income in 2021 and raised its annual dividend, as the pipeline operator cost cuts this year in the face of oil demand destruction.
Enbridge Expects Higher Pipeline Volumes, Rates in 2021
Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next year.
U.S. Gas Prices Stumble on Mild Start to Winter
U.S. natural gas prices have tumbled since the start of November as persistent mild weather has caused inventories to remain high rather than drawing down in line with seasonal trends.
China Hits 26% of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington.
Magellan Midstream Tank Explosion Injures 7 in Corpus Christi
Seven Magellan Midstream Partners employees were injured, four critically, when a storage tank at a Magellan plant in Corpus Christi exploded after catching fire Saturday morning, according to deputy Fire Chief Richie Quintero.
Minnesota Regulators Deny Request to Delay Line 3 Pipeline
A Minnesota regulatory panel has denied a request to stop Enbridge's Line 3 pipeline project, which broke ground this week after receiving its final state permit.
Trump Administration Rule Would Reduce Environmental Reviews of LNG Projects
The U.S. Energy Department issued a rule to exclude some licensing of LNG projects from environmental reviews that have been required by law, in a show of support for the fossil fuel industry.
U.S. Shale Firms Ramp Up Gas Output as Futures Signal Higher Prices
Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production.
Chevron Tightens Belt Again with Billions in Spending Cuts
Chevron has cut billions off its long-term capital and exploratory budget, even after a major restructuring of its operations, but plans more Permian and GOM spending in 2022.
Magellan Midstream to Boost Loading capacity at Cheyenne Terminal
Magellan Midstream Partners said it will invest $4.65 million to increase truck loading capacity at its refined oil products terminal in Cheyenne, Wyo., by more than 50%.
Mexico Shuts Off Natural Gas Supply to Brazil's Braskem
Mexico has cut off natural gas supply to Braskem's Mexican operations, the company and government said, intensifying a dispute between President Andres Manuel Lopez Obrador and the Brazilian petrochemical company.
Enbridge Starts Construction on Line 3 Pipeline in Minnesota
Enbridge began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from lactivist and Indigenous groups.
Tellurian Withdraws Application for Permian Global Access Pipeline
LNG developer Tellurian Inc told federal energy regulators it wants to withdraw its application to build the Permian Global Access natural gas pipeline in Texas and Louisiana.
U.S. Crude Oil Output Rises to 10.86 MMbpd in September
U.S. crude oil production rose 286,000 barrels per day in September to 10.86 million bpd, as production increases in North Dakota and the offshore Gulf of Mexico offset cuts in Texas.
Biden Plan to End U.S. Fossil Fuel Subsidies Faces Big Challenges
President-elect Joe Biden's promise to end U.S. fossil fuel subsidies worth billions of dollars a year could be hard to keep due to resistance from lawmakers in a narrowly divided Congress, including from within his own party.
Minnesota Gives Final Green Light to Line 3 Pipeline
Minnesota regulators approved the final permit Monday for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin construction on the $2.6 billion project.
Anti-Pipeline Activists Face Terrorism Charges for Rail Scheme
Federal authorities in Seattle have charged two people with a terrorist attack on train tracks, suggesting they were motivated by opposition to a natural gas pipeline when they interfered with the operation of a railroad in Washington state.
Family of Jailed Houston Oil Exec Asks for Venezuelan Leader's Mercy
The family of a Houston-based Citgo oil executive convicted and ordered to prison in Venezuela alongside five others appealed directly to President Nicolás Maduro for mercy.
Minnesota Tribes File to Halt Line 3 Pipeline Approval Due to Virus
Two Native American tribes in northern Minnesota are asking state regulators to stop the imminent construction of Enbridge Energy's Line 3 crude oil pipeline replacement, saying it would increase the risk of coronavirus infections spreading.
Canadian Indigenous Deal with Keystone XL Took Years, Aims for Long-Term Wealth
TC Energy Corp's sale of a C$1 billion ($769 million) stake in Keystone XL to a Canadian indigenous group followed more than three years of pressure from a tiny Saskatchewan First Nation that demanded part ownership of the long-delayed oil pipeline.
China Hits 26% of Planned 2020 U.S. Energy Imports
China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets set out in the Phase 1 trade deal.
Limited Pipeline Capacity in North American Regions Raises Winter Fuel Concerns
The United States has enough power generation to meet demand this winter, but extreme weather could challenge reliability in California and New England by putting fuel supplies at risk
Consumers Energy Completes 90-Mile Saginaw Trail Pipeline
Consumers Energy has completed construction of its $610 million Saginaw Trail Pipeline project, which replaced aging natural gas pipelines and related infrastructure across three Michigan counties.
ExxonMobil to Cut up to 300 Jobs in Canada
ExxonMobil said Wednesday that it plans to eliminate up to 300 jobs in Canada by the end of 2021 as part of its ongoing efforts to lower costs. It said the global pandemic has increased the urgency of its cutbacks.
Canadian Oil Output Seen Expanding until 2039
Canadian oil production will expand for nearly two more decades, slowing the country's progress toward achieving Prime Minister Justin Trudeau's goal of net-zero emissions by 2050, the Canada Energy Regulator (CER) forecast.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
