News

Mexican President Hopes for Pipeline Deal Next Week

Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

Sources: Majors Stuck with Tainted Russian Crude While Compensation Talks Continue

BP and Glencore are struggling to sell around 600,000 tons of tainted Russian oil more than three months after the contamination was discovered, according to six trading sources.

Canada's Alberta Extends Oil Curtailments Through 2020 Due to Slow Pipeline Progress

The government of Canada’s main oil-producing province, Alberta, said on Tuesday it was extending mandatory curtailments on crude production by an extra year through 2020, because of uncertainty about when expanded pipelines may come online.

Markets React to Drone Attack that Torched Saudi Gas Plant

Crude oil prices rose Monday and Tuesday after a weekend attack on a Saudi oil and gas field caused a fire at a gas plant, but state-run Saudi Aramco said production was not affected.

Pipeline Constraint in North Dakota Causes Flaring to Reach Record Levels

Regulators say the volume of natural gas flared in June reached an unprecedented level due to shutdowns of several natural gas processing facilities and pipelines.

Enbridge Aims to Restore Line 25 Service by Aug. 24-26 After Kentucky Blast

Canadian energy company Enbridge Inc said it expects to return one pipe to service between Aug. 24 and 26 on its Texas Eastern natural gas system in Kentucky that shut after an explosion on an adjacent line killed one person on Aug. 1.

Lebanon Prime Minister Hopes for Decision in September on Disputed Gas Pipeline

Lebanese Prime Minister Saad al-Hariri said on Thursday after talks in Washington that he hoped for a final decision, possibly in September, on a proposal for resolving a maritime border dispute with Israel on a gas pipeline.

EPIC Midstream Ships First Crude on New Permian-Gulf Coast Pipeline

EPIC Midstream Holdings Inc on Thursday began shipping crude oil on its 400,000 barrel per day (bpd) pipeline from the Permian Basin to the U.S. Gulf Coast, pushing Midland crude prices higher, traders said.

'Bright Spot' Midstream Sector Bucks Energy Bankruptcy Trend

Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported, but the midstream fared better than other sectors.

Ukraine Preparing for Russian Gas Supply Cut if Transit Deal Falls Through

Ukraine's gas transport company Ukrtransgaz has upgraded several gas pumping stations so it can provide gas to eastern and southern regions of the country if there is a disruption in supply from Russia, the company said on Wednesday.

2 Pennsylvania Constables Charged for Pipeline Security Work

Prosecutors say two Pennsylvania constables have been arrested for misusing their elected positions to work as “hired guns” for a natural gas pipeline.

Montana Judge Sets Date for Keystone XL Lawsuit Hearing

A Montana judge won’t take up the latest dispute between the Trump administration and environmental groups over the proposed Keystone XL oil pipeline until this fall.

Cleaning Polish System After Russian Dirty Oil to Take at Least Six Months

Cleaning the Polish pipeline and storage system after it was contaminated with tainted oil from Russia in April will take at least six months, Poland’s minister responsible for energy infrastructure said on Wednesday.

Protesters Sue Over Arrests During Bayou Bridge Pipeline Protests

Three people protesting construction of a south Louisiana oil pipeline last year claim they were illegally arrested and assaulted in a lawsuit filed Friday against the pipeline’s owners, a security company, a sheriff and several state law enforcement officers.

Anadarko Midstream Group Gets New Oxy Leadership After Buyout, Could Hint at Future Sale

Less than a week after Anadarko’s shareholders overwhelmingly approved its acquisition by Occidental Petroleum (Oxy), the new owners have replaced executive leadership at Western Midstream (WES), a business that is viewed as a prime target for sale by Oxy as it seeks to reduce debt from the buyout.

Mid-East Group, Russia Split on Caspian Resources, Pipeline

Five countries bordering the energy-rich Caspian Sea met Monday at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region's oil wealth.

BP Considers Shipping Non-Diluent Products on U.S.-Canada Pipeline

BP Midstream Partners is considering shipping other products besides diluent on its 135,000 barrel per day Diamondback pipeline, which helps transport diluent from the United States to Canada, Chief Executive Rip Zinsmeister said on Thursday.

EPA Expected to Crimp State Authority over Pipeline Approvals

The Environmental Protection Agency (EPA) was scheduled to release a proposed rule in August limiting the ability of states to delay or even prevent the building of pipelines by delaying approval of water quality certifications required under the Clean Water Act. The CWA’s Section 401 gives states a reasonable amount of time, defined as up to one year, to consider a pipeline’s application.

New Democratic Pipeline Safety Bill Elicits Industry Opposition

House Democrats debuted the first comprehensive pipeline safety reform bill introduced in this Congress, and it contains a number of provisions opposed by both the intrastate and interstate gas transportation industries.

Trump Administration Moves to Limit State Powers to Block Pipelines, Terminals

The Trump administration on Friday unveiled a proposal that would curb state powers to block pipelines and other energy projects, part of the Trump administration's effort to boost domestic oil, gas and coal development.

U.S. Natural Gas Prices Continue to Drop as Demand Soars

U.S. natural gas demand is at an all-time high and expected to keep rising - and yet, prices are falling.

Virginia Pipeline Company Asks County to Remove Protesters

Attorneys for a company constructing a controversial natural gas pipeline through Virginia are asking a county judge to remove tree-sitters that are blocking work on the project. A federal court denied a similar request last week.

New U.S. Pipelines Poised to Start Price War for Shale Shippers

The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil to export hubs, according to the pipeline companies and federal filings.

Enterprise to Undertake Expansion Projects at Houston Ship Channel

Enterprise Products Partners announced three additional expansion projects that will increase its capacity to load crude oil, LPG, and polymer grade propylene (PGP) from its Enterprise Hydrocarbon Terminal on the Houston Ship Channel.

Michigan AG Sues to Shut Down Enbridge Line 5

Michigan’s attorney general has filed a lawsuit to shut down dual oil pipelines in the Great Lakes, saying they pose an “unacceptable risk.”

TC Energy sells $1.28B of Columbia Midstream Assets to UGI

TC Energy said it has agreed to sell some of its Columbia Midstream assets in the Appalachian Basin to energy distributor UGI Corporation for $1.28 billion.

Egypt Agrees to Pay Israel $500 Million to End Gas Dispute

Egypt says it has struck a deal with the state-owned Israel Electric Corp to settle a fine for halting deliveries of natural gas.

Fatal Nigerian Incidents Sparked by Pipeline, Fuel Theft

More than 50 people died in separate incidents in Nigeria during July, both related to fuel theft and pipeline sabotage, authorities said.

Phillips 66 Plans Crude Export Terminal, New Pipelines

Phillips 66 confirmed plans for a deepwater crude export terminal off the Texas Gulf Coast to transport production from the Permian and Bakken basins to international markets via its recently announced Red Oak and Liberty pipelines.

Activist Groups Urge Insurers to Drop Coverage of Oil Sands Pipeline

A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which carries crude from Alberta's oil sands to British Columbia's Pacific coast.