Oil

Qatar Rejects India Proposal to Delink LNG Deals from Crude

India wants Qatar to delink the price of its imported gas from that of oil under long-term deals to make supplies cheaper, India's oil minister said, but Qatar isn't interested in renegotiating.

Total, Tullow Launch Joint Sale of Stakes in Kenyan Oil Project - Sources

Total and Tullow Oil aim to reduce their stakes in Kenya's first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project's launch, banking and industry sources said.

Trump Administration Approves Keystone XL On US Land

The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8 billion project closer to construction though court challenges still loom.

Centurion Pipeline Announces Successful Open Season for Augustus Pipeline

Centurion Pipeline has announced the successful completion of its binding open season for the Augustus Pipeline.

Kazakhstan Cuts Oil Exports to China After Contamination Detected — Sources

Kazakhstan reduced oil supplies via the Atasu-Alashankou pipeline to China on Tuesday after tests carried at the end of the last week showed a high content of organic chloride, three trade sources familiar with the matter told Reuters on Tuesday.

U.S. Shale Oil, Natural Gas Output Growth to Hit Slowest in a Year — EIA

U.S. oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the U.S. Energy Information Administration (EIA) said on Tuesday, as producers pull back on new drilling.

Libya Pipeline Closure Warrants Force Majeure

Military forces loyal to Khalifa Haftar closed a pipeline in Libya on Sunday, potentially reducing national output to a fraction of its normal level, the National Oil Corporation (NOC) said.

Tallgrass Sets Open Season for Pony Express Commitments

Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, announced a binding open season soliciting shipper commitments for crude oil transportation from Pony Express’ Sterling origin to destinations in Cushing, Okla., in exchange for volume incentive tariff rates. The open season will run to Jan. 29.

Moda Midstream to Evaluate New Pipeline as Part of Expansion

U.S. oil export terminal operator Moda Midstream said it has begun to enhance its Moda Ingleside Energy Center (MIEC) in Ingleside, Texas, to allow the docking of larger-sized vessels and is considering a new pipeline as well.

Niger Looks to Step Up Oil Production with Pipeline to Coast

Niger began construction on a $7 billion oil pipeline that will reach the coast through West African neighbor Benin. The 1,232-mile (1,982-km) pipeline is Niger’s most important project since gaining independence.

Transneft Extends Oil Transit Deal with Ukraine Operator

Ukrainian pipeline operator Ukrtransnafta said it has agreed to a 10-year oil transit extension with Russia’s Transneft.

EPIC Midstream Loads First Oil Tanker at New Texas Export Terminal

EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said in a mid-December interview with Reuters.

Plains Crude Pipeline Cancels Rates at Points Originating in Louisiana, Mississippi

Plains All American Pipeline has canceled tariffs on its reversed Capline crude oil pipeline for barrels previously originating at St. James, Louisiana, and Liberty, Mississippi, the midstream company said in a regulatory filing on Thursday.

US Now Boasts More Crude Export than Import Destinations

As U.S. crude oil export volumes increased to an average of 2.8 MMbpd in the first seven months of 2019, the number of destinations – including countries, territories, autonomous regions, and other administrative regions – that receive U.S. exports has also increased.

2020 North American Outlook: Industry Adopting ‘Wait And See’ Philosophy

If North America was one giant oil and natural gas basin with one spigot, the flow handle would probably be set at only half-open in 2020, a year when global events will determine if, and which direction, the handle moves.

Canada Supreme Court Rejects British Columbia Bid to Regulate Oil Pipeline

The Supreme Court of Canada on Thursday quickly dismissed an attempt by the western province of British Columbia to regulate what can be transported in a major crude oil pipeline crossing its territory.

Energy Web Atlas Launches EWA Techlink to Enhance Data Offering

Gulf Energy Information, a leading provider of market intelligence and technical information for the international energy industry, today announced the availability of EWA TechLink, a new spatial research tool pairing comprehensive technical content with detailed project data.

China's Oil, Gas Imports Strong in 2019 Despite Trade Dispute

China's imports of major commodities ended last year with a bang, with strong gains showing the appetite of the world's largest importer of natural resources remains robust despite the trade dispute with the United States.

New Permian Pipelines Boost U.S. Gulf Coast Crude Exports

Three new major pipelines coming out of the Permian Basin have helped crude exports from Corpus Christi, Texas surge in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas.

Belarus Halts Own Oil Exports to Germany, Russian Oil Transit Unaffected — Sources

Belarus' state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.

Enbridge May Re-file Application for U.S. Deepwater Oil Terminal

Enbridge Inc will consider re-filing its application for federal permits to build a crude export terminal off Freeport, Texas, if market demand picks up, a company spokesman said on Friday.

Deadly U.S. Attack on Iranian General Rattles Energy Market

Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike.

Oil Prices Surge After U.S. Air Strikes In Iraq

Oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.

Gibson Sanctions Million-Barrel Expansion at Hardisty Terminal

Calgary-based Gibson Energy Inc. said it has approved the construction of one million barrels of new tankage at its Hardisty Terminal.

US Crude Output Hits Record in Oct - EIA

U.S. crude oil production in October hit a record 12.66 million barrels per day (bpd), up from a revised 12.48 million bpd in September, the U.S. government said in a monthly report on Tuesday.

Dispute Brews as Russian Suppliers Divert Oil from Belarus

A new dispute over oil could be brewing between Russia and Belarus as Russian suppliers divert large volumes of crude to domestic ports in lieu of a deal on 2020 deliveries between the two countries

French Union Extends Blockade of Fuel Deliveries from Total Refinery

France's hardline CGT trade union voted on Monday to extend a blockade of outbound fuel deliveries from Total's Grandpuits refinery near Paris until Jan. 6 as part of nationwide protests against a planned pensions reform.

Fed Survey: Permian Flaring Hits Record; Service Firms Bearish on 2020

The Federal Reserve Bank of Dallas said in its quarterly energy survey that natural gas flaring and venting reached a record high. It also said about half of oil field service firms plan to cut spending in 2020.

French Protests Disrupt Output at Total's Grandpuits Refinery

Total's Grandpuits refinery near Paris is producing at a reduced rate after the CGT union voted to halt output as part of nationwide protests against a pensions reforms, the French energy company said.

Manipulation of Multi-Phase Flow in Offshore Pipelines

In recent years, offshore oil and gas production is facing an increasing challenge related to the multi-phase flow in the transportation pipelines; the pipelines transporting fluids from the reservoirs to the separation platforms.