Oil

TC Energy Cuts November Keystone Volumes by About 39% After Leak - Sources

A source has reported that TC Energy will cut November volumes on its Keystone pipeline by nearly 39%, higher than previous estimates, following a leak on the line two weeks ago.

Imperial Oil Ramping Up Crude by Rail, Not Pursuing Government Rail Leases

Imperial Oil is increasing its crude rail shipments after the recent Keystone pipeline outage but is not looking to take over Alberta's government rail contracts.

Why Tanzania, Zambia Want a New Oil Pipeline

Demand for refined petroleum products in Tanzania has been increasing in recent years, and the East African country has proposed a new oil pipeline project to meet the consumption requirement for refined fuel

Keystone Resumes Crude Oil Deliveries at Reduced Volumes

TC Energy said that its Keystone pipeline has returned to service following the approval of its repair and restart plan by the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA).

Centurion Pipeline Launches Binding Open Season for Augustus Pipeline

Centurion Pipeline has launched an open season to gauge interest for a proposed crude oil pipeline from Midland to Crane, TX.

Keystone Restart Unknown, Leak Source Unclear

The exact cause of the Keystone Pipeline leak that spilled over 9,000 barrels of oil last week is still unknown as is the timeline for when the pipeline will be restarted.

NGL Energy Partners LP Closes Acquisition of Hillstone

After acquiring Hillstone LLC, NGL Energy now has approximately 380 miles of water disposal pipelines serving the Delaware Basin.

Shippers Seek Alternatives as Crews Work to Plug Keystone Leak

Shippers on the Keystone pipeline are seeking alternative sources of supply as workers from TC Energy begin working to plug the line which leaked on Tuesday.

Marketlink Oil Line From Cushing Cuts Rates After Keystone Leak - Sources

TC Energy's Marketlink crude oil pipeline was operating at reduced rates on Thursday due to supply constraints after the company's Keystone pipeline was shut following a leak.

Enbridge Wins Court Backing to Build Great Lakes Pipeline Tunnel, Keep Line Running

A Michigan state judge has approved an agreement between Enbridge and the state to allow the company to build a tunnel to house its Line 5 pipeline under the Great Lakes and continue to run the pipeline during construction.

Magellan Midstream to Redesign Proposed Voyager Crude Pipeline

After reviewing the results from an open season on Magellan Midstream's proposed Voyager Pipeline, the company has decided to redesign the project to develop a more "capital efficient solution."

Russia Signs First Tainted Oil Settlement Deal in Hungary

Russia and Hungary have signed their first compensation agreement for contaminated oil that flowed to Hungary on the Druzhba pipeline earlier this year.

Tallgrass Energy Secures Oil Shipper Contracts for Pony Express Pipeline

Tallgrass Energy has secured additional shipper contracts on its Pony Express Pipeline as it recontracts parts of the line.

Seaway Announces Upcoming Open Season

Seaway Pipeline Company has announced plans to hold an open season to gauge interest in a possible expansion of one of its crude oil pipeline systems.

Enterprise Midland-to-ECHO Pipeline System Expansions to Add 450,000 bpd Each

Enterprise's CEO reported on the company's earnings call that upcoming expansions on 2 of its pipelines will add 450,000 bpd of capacity to each line.

EPIC Crude Oil Pipeline Announces Third Open Season

EPIC has announced a third open season on its 400,000 bpd EPIC Crude Pipeline.

Small Oil & Gas Companies get Cold Shoulder from Big Banks

The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.

Dirty Oil Settlement Expected Between Lukoil, MOL

Russian oil producer Lukoil and Hungarian energy company MOL are reportedly set to sign a settlement deal over contaminated oil during Russian President Putin's visit to Budapest this week.

Crude-by-Rail Contracts Cause for Alberta Forecast Budget Deficit

Alberta, Canada is forecasting a budget deficit for 2019-20 caused in large part by crude-by-rail contracts with midstream companies signed in the midst of pipeline congestion.

Crude Flows to Houston Slow as Permian Pipelines Shift to Corpus - Data, Traders

Crude flows from the Permian into Houston have slowed recently as prices flowing to Corpus Christi have dropped making it more attractive to shippers.

Carlyle Group Quits $1 Billion U.S. Oil Export Project

The Carlyle Group has announced it is backing out of $1 billion oil export project near Corpus Christi, TX.

Equinor to Ship First Sverdrup Oil Cargo to China

Equinor is planning to ship its first cargo of crude from Norway's giant Johan Sverdrup field to China this week.

Ecuador State Oil Firm Reopens Oil Pipeline, Resumes Exports After Protests

Ecuador's state oil company has resumed shipping on a major oil pipeline after government protests forced it to declare a force majeure earlier this month.

TC Energy to Cut October Volumes on Keystone Pipeline After Force Majeure: Sources

TC Energy Corp will cut crude volumes flowing through the Keystone oil pipeline for the rest of October after declaring force majeure due to a snowstorm in Manitoba over the weekend, sources familiar with the matter said on Thursday.

TC Declares Force Majeure on Keystone Shipments after Storm

TC Energy Corp has declared force majeure on shipments on its 590,000-barrel-per-day (bpd) Keystone oil pipeline after a snow storm hit Manitoba over the weekend, disrupting operations.

Pipeline Shipments from Kashagan Fall with Unplanned Maintenance

Pipeline shipments from Kazakhstan's giant Kashagan project have decreased since Oct. 6 due to unplanned maintenance, but the energy ministry said repairs were completed on Tuesday.

Phillips 66 Sets Rates for Gray Oak Crude Pipeline

— Phillips 66 Partners LP set spot rates of $4.75 a barrel to ship crude on its new 900,000-barrel-per-day (bpd) Gray Oak crude pipeline within points in Texas, according to a filing this week.

Rangeland Midstream Canada Begins Construction of Marten Hills Pipeline System

Rangeland Midstream Canada has commenced the construction of its Marten Hills Pipeline System.

ARB Midstream Announces Start-up of DJ Basin Crude Oil Gathering System

ARB Midstream subsidiary DJ South Gathering announced a key expansion of its fast-growing crude oil gathering and transportation system in the DJ Basin in northeastern Colorado.

U.S. Sanctions Turkish Energy Operations

The United States has sanctioned Turkey’s energy ministry in response to the Turkish cross-border offensive in northeast Syria, including BOTAS, which operates the country's gas infrastructure and is party to gas import contracts.