Regulation
Michigan Governor Cites Significant Concerns Over Line 5 Pipelines
LANSING, Mich. (AP) — Michigan Gov. Rick Snyder says he has “significant” long-term concerns after the company that operates twin oil pipelines in a Great Lakes waterway told state officials it found additional gaps in pipeline coating. The Republican released a statement Monday after Enbridge Inc...
OPEC Chairman: Output Cuts Are The ‘’Only Viable Option’’
OPEC and its non-OPEC partners are expected to unanimously decide to extend the production cuts at the Vienna meeting on November 30, but the duration of the extension is still under negotiation, the UAE’s Energy Minister Suhail Al Mazrouei said at a conference in Abu Dhabi on Monday. “I think this..
OPEC Concedes That U.S. Shale Won’t Die
OPEC just significantly overhauled its expectations for North American shale, projecting strong supply growth through the early 2020s. The revision came as part of OPEC’s World Oil Outlook (WOO), and it represents an acknowledgment from the cartel that it has failed to kill off U.S. shale by floodin..
$43 Billion China-Alaska Energy Deal Looks Shaky
Alaska and China's recent agreement to proceed with a natural gas pipeline construction project isn't ironclad, by any means.
Alaska Lawmaker Sees Financial Boon in Refuge Drilling
WASHINGTON (AP) — Alaska Sen. Lisa Murkowski says her legislation to open Alaska’s Arctic National Wildlife Refuge to oil and gas drilling would generate $2 billion in royalties over the next decade — with half the money going to her home state. But environmental groups and other critics call those..
West Virginia Signs Natural Gas Investment Pact with China Energy
CHARLESTON, W.Va. (AP) — West Virginia officials announced an agreement on Thursday with China Energy Investment Corp. Ltd. for the company to invest $83.7 billion in shale gas development and chemical manufacturing in West Virginia over 20 years. State Commerce Secretary Woody Thrasher and China E..
Minnesota Agency Won't Reschedule Line 3 Hearings
Public hearings concerning Enbridge's Line 3 pipeline construction project to not be rescheduled in Minnesota.
Citi: Don’t Expect OPEC To Extend Production Cuts
Citigroup predicts that companies planning to profit off of an OPEC deal extension next month are setting themselves up to be disappointed. So far, most hedge funds bet that Brent futures will rise as a result of an agreement extension that will extend 1.2 million barrels per day worth of cuts thro..
China Gets Bulk of Alaska Gas in Pipeline Plan
ANCHORAGE, Alaska (AP) — China would receive 75 percent of the natural gas from Alaska’s North Slope if a pipeline is built under an agreement signed Thursday in Beijing. Alaska Gov. Bill Walker signed the agreement with Sinopec, Bank of China and China Investment Corp. to advance a natural gas pip..
Appeals Court Denies Atlantic Sunrise Construction Stay
U.S. Court of Appeals denies work stoppage on the Atlantic Sunrise pipeline construction project.
Does The U.S. Lead The World In Carbon Emissions Reduction?
In a recent interview with Fox News, Environmental Protection Agency Administrator Scott Pruitt claimed: “We are leading the nation — excuse me — the world with respect to our CO2 footprint in reductions.” The Washington Post fact-checked this claim and rated it “Three Pinocchios,” which means they..
API-PA Names Lutz Associate Director
The Associated Petroleum Industries of Pennsylvania (API-PA), API’s Pennsylvania division, has named Jonathan Lutz Associate Director. “Lutz’ experience supporting the commonwealth’s conservation efforts, environmental stewardship, and energy growth is critical for Pennsylvania at a key moment for ..
Pipeline Construction Project Hearing Begins in Canada
Canada’s National Energy Board (NEB) will hear oral cross-examination beginning today, Nov. 8, on an application from TransCanada to abandon a 266-kilometer section of its Peace River Mainline. The hearing will begin at 9 a.m. at the NEB’s Hearing Room in Calgary, and is open to the public. TransCa..
Canadian Regulators Set Hearing to Address Trans Mountain Expansion Constitutional Question
Canada’s National Energy Board (NEB) will hold a two-day oral hearing to address a motion filed by Kinder Morgan, which includes constitutional questions. The company filed a request with the NEB on Oct. 26, saying it had been unable to secure municipal permits that would allow the company to begin..
OPEC: U.S. Shale To Rise Much Faster Than Expected
Higher oil prices, robust oil demand growth, and higher upstream activity will lead to faster-than-previously-expected growth in U.S. shale production until 2022, OPEC said in its World Oil Outlook 2017 published on Tuesday. Compared to last year’s annual OPEC outlook, the medium-term outlook for n..
Michigan Senators Seek Federal Investigation of Pipelines
ST. IGNACE, Mich. (AP) — Michigan’s U.S. senators want federal regulators to determine whether the company operating twin oil pipelines in a crucial Great Lakes waterway has violated safety requirements. Democratic Sens. Debbie Stabenow and Gary Peters asked the Pipeline and Hazardous Materials Saf..
Foes of Obama Oil and Gas Rule Ask Court to Reconsider Ruling
DENVER (AP) — Opponents of Obama-era oil and gas regulations say a decision by a federal appeals court in Denver could allow those rules to go into effect temporarily, even though the Trump administration plans to revoke them. Four states, two industry groups and a Native American tribe filed docum..
Williams Partners Takes Legal Action Against Atlantic Sunrise Construction Halt
Williams Partners takes legal action against temporary work stoppage on the Atlantic Sunrise pipeline construction project.
Court Orders Pause in Atlantic Sunrise Pipeline Construction
Federal appeals court temporarily halts work on the Atlantic Sunrise pipeline construction project.
EPA Head Names Oil and Gas, Utility Executives to Science Advisory Boards
WASHINGTON (AP) — The head of the Environmental Protection Agency has named a slate of new members to federal science advisory boards, including several who work for chemical and fossil-fuel interests. EPA Administrator Scott Pruitt announced his appointments Friday, after saying he would block sci..
Ohio Sues Gas Pipeline Developer over Pollution Violations
Ohio regulators sue Energy Transfer Partners over pollution violations associated with the Rover pipeline construction project.
Gas Pipeline Developers Suing Hundreds of Landowners
Developers of the Mountain Valley pipeline construction project take legal action against Virginia and West Virginia landowners to obtain easements.
Russian LNG Unfazed By U.S. Sanctions
Russia’s energy industry faces a new round of U.S. sanctions—including on oil projects in any location if a designated entity holds more than 33 percent. And in Europe, where Russia’s gas giant Gazprom currently holds a large share of the gas supplies, Poland and Lithuania are buying U.S. LNG in an ..
Senate Confirms FERC Nominees
The U.S. Senate has confirmed the nominations of Kevin McIntyre and Richard Glick to join the Federal Energy Regulatory Commission (FERC). McIntyre will serve as Chairman. McIntyre, co-leader of the global Energy Practice at the law firm Jones Day, will serve out the remainder of a term that ends J..
Dakota Access Developer, Corps Object to Tribes’ Proposal
The U.S. Army Corps of Engineers and Energy Transfer Partners object to tribes’ Dakota Access pipeline construction project proposal.
U.S. Oil Exports Hit A Record High
Crude oil exports from the United States hit another record last week, at 2.133 million bpd, as production also continued growing, the Energy Information Administration said. This is the first time U.S. oil exports have breached the 2-million-bpd level. The authority said average daily production st..
Tensions Rise As Iraq Halts Kirkuk Oil Exports
Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October, reports of disruptions in oil flows have been a daily occurrence, but now, according to an official at the Kirkuk provincial council, Iraq’s oil ministry has ordered a stop to all oil exports from Kirkuk’s oi..
Oil Prices Fly Higher On EIA Report
The Energy Information Administration confirmed a draw in crude oil inventories, boosting the rally of WTI that almost brought the U.S. benchmark to US$55 a barrel. According to the authority, inventories fell by 2.4 million barrels in the week to October 27, to 454.9 million barrels. A day earlier..
Can Nigeria Achieve Its Zero Oil Agenda?
The Nigerian National Petroleum Company (NNPC) is a cash cow. It attracts the highest earnings for the country, at least for now, until the Zero Oil Agenda goal to wean the country off oil as the staple source of income materializes, if at all. The nation’s economy is intractably tied to the vagari..
Enbridge Official Testifies Aging Pipeline Needs Replacing
Enbridge official testifies that the company needs to proceed with Line 3 pipeline construction project to repair corrosion and cracking in the system.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
