Oil

China's Rongsheng Expands to Canada, Taps Suncor for Crude Supply

China's Rongsheng Petrochemical, a major independent refiner, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy, trade sources said.

Czechs to Phase Out Russian Oil as TAL Pipeline Expansion Goes Live

The Czech Republic will begin importing all crude oil through the expanded TAL pipeline starting in April, following the suspension of Russian supplies via the Druzhba pipeline. The move marks a key step in the country's energy independence from Russian oil.

Serbia Risks Oil Import Cut Off as U.S. Sanctions Deadline Nears

Serbia risks losing access to vital oil imports from Friday as discussions to prevent the imposition of U.S. sanctions on the country's sole oil refinery have failed, President Aleksandar Vucic said in a published interview.

Ironwood III Launches with Kayne Anderson Backing, Acquires Eagle Ford Gathering System

The newly formed company has acquired a crude oil gathering system spanning Atascosa, Frio, La Salle, and McMullen counties in South Texas.

Oil Loading Slows at Venezuela's Ports Amid U.S. Tariffs, License Termination, Data Shows

Oil exports from Venezuela are slowing as new U.S. tariffs disrupt trade and Chevron begins winding down operations in the country. Tanker data shows growing congestion at key ports as uncertainty over the tariff’s impact stalls shipments to major buyers like China.

EACOP Secures First Tranche of Funding for $5 Billion Uganda-Tanzania Pipeline

The company developing Uganda’s EACOP crude pipeline has closed the first allocation of external financing from a syndicate of institutions including commercial banks and Afreximbank, a statement from EACOP said on Wednesday.

Elliott Sues Phillips 66 Over ‘Gamesmanship,’ Seeks Nomination Rights for Four Board Seats

Elliott Investment Management has filed suit against Phillips 66, accusing the company of boardroom gamesmanship and seeking nomination rights for four director seats at the 2025 annual meeting.

Natural Gas Council Urges Trump to Advance Permitting, Energy Infrastructure

The Natural Gas Council (NGC) has outlined a five-point plan for restoring American energy dominance in a letter sent to President Donald J. Trump, voicing support for the administration’s pro-energy agenda and urging reforms that would accelerate U.S. natural gas growth.

TC Energy, Industry Leaders Call on Canada to Fast-Track Pipeline, LNG Projects

TC Energy and other Canadian energy leaders are urging federal political parties to fast-track pipeline and LNG development, calling for regulatory reform and investment incentives to boost Canada’s energy exports and economic sovereignty.

Enbridge’s Line 5 Could Be Fast-Tracked as Tribes Withdraw from Army Corps Review

All six Michigan tribal nations have exited the Army Corps' review of Enbridge’s Line 5 tunnel project, citing a flawed process, as the agency prepares to finalize its list of energy projects that could be fast-tracked under a national emergency declaration.

More European Refineries Face Closures or Conversion by 2035, Industry Panel Warns

European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.

Russia Seeks Approval for Congo Oil Pipeline Agreement with 25-Year Operation Term

The Russian government has submitted an agreement with the Republic of the Congo for ratification to the State Duma, outlining cooperation on the construction of a key oil products pipeline in the Central African nation.

Venezuela’s Opposition Proposes Energy Reform to Open Pipelines, Refineries to Foreign Investment

Venezuela’s opposition has proposed sweeping energy reforms that would shrink state oil firm PDVSA and open up oil fields, refineries, and pipeline infrastructure to international investors — a move aimed at attracting support from the U.S. and global energy companies.

Ecuador’s Petroecuador Restarts SOTE Crude Pipeline After Landslide

Ecuador's state oil company Petroecuador said on Wednesday that it had restarted crude transport via the SOTE pipeline after repairing damage caused by a landslide.

Explosive Attacks Halt Two Oil Pipelines in Colombia, Military Blames ELN

Two oil pipelines in rural northeastern Colombia were forced to suspend pumping after they were attacked with explosives, oil transport firm Cenit said on Thursday, while the military blamed the National Liberation Army (ELN) for the strikes.

Trump Administration Moves to Open More Alaska Land for Oil, Gas, LNG Projects

U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying out President Donald Trump's executive order to remove barriers to energy development in the state.

U.S. Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a Chinese "teapot refinery" processing the crude.

Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests

A North Dakota jury has ordered Greenpeace to pay $667 million to Energy Transfer for its role in Dakota Access Pipeline protests, citing defamation, trespassing, and conspiracy. The verdict includes over $400 million in punitive damages, marking a major legal blow to the environmental group.

Explore P&GJ’s Global Pipeline Project Tracker

Explore P&GJ’s Global Pipeline Project Tracker, powered by Gulf Energy Information’s Global Energy Infrastructure (GEI) database.

Russian Oil from Sanctioned Tankers Discharged in China After Ship-to-Ship Transfers

The Panama-flagged Daban, one of dozens of non-sanctioned vessels drawn to the Russian oil trade by fat margins following the Jan. 10 U.S. sanctions, was received at a berth run by the privately-controlled Qingdao Haiye Group at the port of Qingdao, sources said.

Crude Rerouted After Blast on Nigeria’s Trans Niger Pipeline, Renaissance Says

Crude oil flowing into Nigeria's Trans Niger Pipeline has been routed through an alternative line after blasts ruptured the main line on Tuesday, a spokesperson for Renaissance told Reuters.

Renaissance Investigates Blast on Nigeria’s Trans Niger Pipeline

Nigerian oil consortium Renaissance Group confirmed on Tuesday a blast on its Trans Niger oil pipeline in the coastal River State and has dispatched a team to investigate, spokesperson Tony Okonedo said.

Mexican Tycoon Carlos Slim Expands Energy Influence with Talks to Back Pemex Oil, Gas Projects

Mexican state energy company Pemex is in talks with Carlos Slim which could see the billionaire tycoon help bankroll two of the country's most promising crude oil and natural gas fields, sources familiar with the matter told Reuters.

CERAWeek: Canada May Curb Oil Exports to U.S. if Trump Trade War Intensifies

Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the U.S. escalates further, Canada's energy minister Jonathan Wilkinson said on Tuesday.

Musk's Layoffs Shrink Workforce Needed for Trump's Energy Dominance Agenda

Mass federal layoffs are slowing energy project approvals, threatening President Trump’s ‘Drill, Baby, Drill’ agenda. With key agencies like BLM and BOEM losing staff, oil and gas permitting is backlogged, raising concerns from industry leaders and lawmakers. Could job cuts derail America’s energy dominance?

Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast

Wildcat Midstream is expanding its Helper, Utah, terminal to boost exports of Uinta Basin's yellow and black wax crude oil to the U.S. Gulf Coast.

CPC Blend Oil Loadings Rise 24% in February via Black Sea Terminal

CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels per day (bpd), Reuters calculations showed.

Kazakhstan Hasn’t Delivered March Oil, CPC Export Cuts, Sources Say

Kazakhstan has yet to deliver its announced oil output and CPC Blend export cuts through the Caspian Pipeline Consortium (CPC), its main exporting route, five industry sources said.

Trump Administration Pushes to Cancel Oil Reserve Sales, Boost Small Nuclear Power

U.S. Energy Secretary Chris Wright plans to work with Congress to cancel previously mandated oil reserve sales to address low stockpiles, while also pushing for support of small modular reactors and the Alaska LNG project as part of the Trump administration's energy strategy.

Whitecap, Veren to Merge in $15 Billion Deal to Form Leading Canadian Light Oil Producer

Whitecap Resources Inc. and Veren Inc. have entered a $15 billion all-share transaction that will combine their assets, creating a leading Canadian light oil and condensate producer with key holdings in Alberta’s Montney and Duvernay regions.