News

Phillips 66 Sets $1.6 Billion Midstream Budget for 2019

Phillips 66 announced that it has set a $2.3 billion capital budget for 2019 and will direct the bulk of that spending to midstream growth projects.

Bulgaria to Seek Binding Bids for TurkStream Link by Jan 16

Bulgaria's state gas network operator plans to launch a binding open season this month for a 300-mile link that would transport mainly Russian gas from the TurkStream pipeline to central Europe.

Mountain Valley Pipeline Project to Be 70% Complete by Year-End

Mountain Valley Pipeline (MVP) officials said the company remains on target for the $4.6 billion project in fully in-service in the fourth quarter of 2019.

Pennsylvania Judge Rejects Shutting Mariner East Pipelines

A Pennsylvania administrative law judge denied a petition by state residents asking utility regulators to prohibit the operation of Energy Transfer LP and its Sunoco subsidiary's Mariner East pipelines.

Michigan Legislature Passes Great Lakes Oil Pipeline Bill

The Michigan Legislature approved a bill that would allow the replacement of a 65-year-old oil pipeline in a key Great Lakes waterway, voting to create a state authority that would oversee the construction of a tunnel to encase a new segment of pipe.

Panel to Take Closely Watched Vote on Atlantic Coast Pipeline Station

A massive winter storm delayed a closely watched vote in Virginia on a natural gas pipeline compressor station that's been the frequent target of protests. Dominion Energy needs the State Air Pollution Control Board to sign off on a permit to build a station in Buckingham County to pump gas through the planned Atlantic Coast Pipeline.

Pipeline Company 'Trespassers' Handed $150 Fines by Judge

A Louisiana judge ruled a company building an oil pipeline through south Louisiana trespassed on the land of three people opposed to the project, but he allowed the work to continue while awarding the three only $150 apiece in compensation and damages.

Kenya Pipeline Company’s CEO Arrested over Loss of Funds

Kenya appointed an acting chief executive to the state pipeline company KPC after five of its senior executives, including the CEO, were arrested in connection with the loss of funds at the firm, the latest move to crack down on corruption.

Williams Completes Sale of Several Gulf Coast Pipeline Systems

Williams announced the sale of certain pipeline systems located in the Gulf Coast area to Easton Energy for $177 million in cash. The 31-mile Texas Belle Pipeline, which transports natural gas liquids from Mont Belvieu to the Houston Ship Channel, is included in this transaction.

Michigan Senate OK's Bill to Enable Great Lakes Pipeline Deal

The Michigan Senate voted to facilitate a deal to replace a contentious 65-year-old oil pipeline in the Great Lakes, approving legislation to empower a new authority to oversee the construction and operation of a utility tunnel that would encase the new pipeline.

Pair of Key Canada-to-US Oil Pipelines Hit by Disruptions

Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada's oil industry just days after the Alberta government announced forced cuts in crude production.

Canada's Frontera Stops Production After Attack on Peru Oil Pipeline

Canadian oil company Frontera Energy said it stopped production at Peru's largest oilfield after a Peruvian-owned pipeline was severed last week by indigenous protesters.

Keystone XL Prep Work Resumes Despite Court-Ordered Review

A federal court judge who ordered another environmental review of Keystone XL pipeline told TransCanada it can resume some U.S. pre-construction activities that had been blocked by his initial ruling.

Bulgaria OKs Pipeline Linking Russian gas to Central Europe

Bulgaria will go ahead with construction of a $1.59 billion pipeline to Turkey that enables Gazprom to transport natural gas from the TurkStream pipeline to Europe, bypassing Ukraine to the south.

Pipeline Vandals Cause 8,000-Barrel Spill in Peruvian Amazon

Peru's state oil company said about 8,000 barrels of crude oil spilled in the Amazon after vandals severed a pipeline and blocked access by technicians seeking to repair it.

Alberta Buying Rail Cars to Move Pipeline-Constrained Crude

Canada's province of Alberta is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said on Wednesday, as the energy-rich province takes actions to move oil stuck in the region because of a lack of pipeline capacity.

Energy Transfer, Sunoco Pipelines Rack Up Violations: Analysis

Energy Transfer LP and its Sunoco pipeline subsidiary have racked up more than 800 state and federal permit violations while racing to build two of the nation's largest natural gas pipelines, according to a Reuters analysis.

Petroleum Economist Announces 2018 Award Winners

Honoring the global energy industry's most successful firms, projects and innovations, Petroleum Economist announced the winners of its 2018 Petroleum Economist Awards in 18 categories. Additionally, five individuals received awards for outstanding industry contributions.

Permian Pipeline Constraints Push Waha gas to 25 Cents

Next-day natural gas prices for Tuesday at the Waha hub in the Permian basin in Texas tumbled almost 80 percent to their lowest on record because of limits on the amount of gas that can move out of the region by pipeline.

Bahrain King, Saudi Crown Prince Inaugurate new Pipeline

Bahraini King Hamad bin Isa Al Khalifa and Saudi Crown Prince Mohammed bin Salman and inaugurated a new oil pipeline between the two countries today.

Putin, Erdogan Mark Key Phase in TurkStream Pipeline

The offshore construction phase of TurkStream natural gas pipeline between Russia and Turkey is now complete.

Iraq Resumes Piping Oil to Kirkuk after Yearlong Pause

Iraq began piping oil from its fields around the disputed city of Kirkuk on Friday, more than a year after exports were halted over troubles with the autonomous Kurdish administration north of the country. The region will export between 50,000 bpd and 100,000 bpd through a pipeline to Turkey,

Williams, Brazos Midstream Agree to Joint Venture in Delaware Basin

Williams and Brazos Midstream agreed to a partnership in the Delaware Basin, under which Williams will contribute its Delaware Basin assets in exchange for a 15% minority position in the venture.

U.S. Approves Part of TransCanada WB XPress for Service

U.S. federal energy regulators on Wednesday approved a request by TransCanada Corp's Columbia Gas Transmission unit to put the eastern facilities of its $900 million WB XPress natural gas pipeline into service in West Virginia and Virginia.

Cypriot Peace Deal Could Send Mediterranean Gas Through Turkey

An accord reunifying ethnically split Cyprus could unlock a deal to convey gas discovered in fields off Israel, Egypt and Cyprus to markets through neighboring Turkey’s existing pipeline network, the leader of the island’s breakaway Turkish Cypriots said.

Tallgrass Sets Open Season for Pony Express Pipeline Expansion

Tallgrass Energy scheduled an open season for crude oil shipping commitments from the Guernsey, Wyo., origin point to refinery delivery points along the Pony Express system and Cushing, Okla. The open season begins at noon Friday and ends Jan. 18.

Wolf Launches Open Season for Midland Basin Crude Oil Pipeline

Wolf Midstream Partners launched a binding open season to solicit long-term, shipper commitments for the proposed Red Wolf Crude Connector, a new crude oil pipeline to serve the Midland Basin. The open season ends at 4 p.m. CST Dec. 14.

Phillips 66, Bridger Plan Pipeline from Bakken to Texas

Phillips 66 and Bridger Pipeline announced they have preliminary plans for a 350,000 bpd of oil pipeline to send Bakken crude oil to Texas.

US Envoy Warns Sanctions Still on Table Against Nord Stream 2

The United States could yet impose new sanctions to try to block construction of the Russian Nord Stream 2 gas pipeline across the Baltic Sea to the European Union, the U.S. ambassador to the EU said.

China Overtakes Japan as World’s Top Natural Gas Importer

China has overtaken Japan to become the world’s top importer of natural gas, as Beijing’s crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.