News
Zhejiang Wins China's First Private Fuel Export License — Sources
Zhejiang Petroleum & Chemical Co has been granted a license to export fuel from the country to the international market, a first for a private oil company in the country.
Dakota Access Seeks Stay of Pipeline Shutdown Order Pending Appeal
Dakota Access has asked a federal court to stay its previous order to shut down and empty the pipeline within 30 days while an appeal of the decision is decided.
Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion
Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.
U.S. Crude, Natural Gas Demand to Fall in 2020, Oil Decline Less than Forecast — EIA
New data released from the U.S. Energy Information Association forecasts a decline in domestic oil and natural gas production for 2020 with the decline in oil production to be less than previously forecast.
Judge Denies Dakota Access Initial Motion to Stay Pipeline Shutdown Order
A federal judge has denied a request from owners of the Dakota Access pipeline to stay a shutdown order passed down on Monday requiring the pipeline to be shut and emptied within 30 days.
Russian Vessel Able to Complete Nord Stream 2 Pipeline Departs from German Port
A Russian vessel that has the capabilities needed to complete the Nord Stream 2 pipeline has left the project's staging area in Germany where it was docked.
China Hires Morgan Stanley, Goldman Sachs to Advise on Pipeline Asset Transfers — Sources
China has hired Morgan Stanley and Goldman Sachs to advise the country's top energy firms on multi-billion dollar deals transferring oil and natural gas pipeline assets to a new national energy infrastructure company.
Rangeland Midstream Canada Brings Marten Hills Pipeline System into Service
The Marten Hills Pipeline System from Rangeland Midstream Canada has entered service.
Dakota Access Pipeline Shutdown May Revive Oil-by-Rail Industry
The court-ordered shutdown of the Dakota Access pipeline on Monday may provide a much-needed boost to the oil-by-rail industry.
Pipeline Shutdown Adds to Record Decline in U.S. Natural Gas Output
Unplanned maintenance on TC Energy's Mountaineer Xpress Pipeline helped push U.S. natural gas output on Tuesday towards its lowest point since September 2018.
U.S. Energy Dept. Approves Jordan Cove LNG Exports
The U.S. Department of Energy has approved LNG exports from the proposed Jordan Cove LNG project in Oregon, the first on the country's West Coast.
Alberta Looking for U.S. Democratic Support of TC Energy's Keystone XL Pipeline — Premier
The government of Alberta is planning to approach several key U.S. Democratic lawmakers to garner support for its Keystone XL pipeline project.
U.S. Court Orders Dakota Access Pipeline Shut, Emptied
A U.S. District Court has ordered Energy Transfer to shut down and empty its controversial 570,000 bpd Dakota Access oil pipeline within 30 days.
Berkshire Hathaway Energy to Acquire Dominion Energy’s Gas Transmission and Storage Business
Berkshire Hathaway has agreed to purchase Dominion Energy's natural gas transmission and storage business for almost $10 billion.
Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work
Denmark has given approval for the Nord Stream 2 pipeline to use pipelaying vessels with anchors to complete work on the natural gas pipeline in Danish waters.
Germany Plans Ambitious Hydrogen Pipeline Network
Over the next decade, Germany plans to create the longest hydrogen transmission pipeline network in the world and it will be an integral part of the country’s “green stimulus” program to restart the economy after the coronavirus (COVID-19) crisis.
Energy Transfer Moves to Prevent Cancellations on Dakota Access Expansion — Sources
Energy Transfer has reportedly invoked force majeure in order to prevent oil companies from canceling contracts to ship crude oil on the company's proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter.
Canada's Supreme Court Dismisses Appeal Against Trans Mountain Pipeline
Canada's Supreme Court has dismissed a lower court appeal filed against the Trans Mountain pipeline removing one of the last remaining hurdles of the expansion project.
Japan's Investment Drive in LNG Faces Risk of Souring — Study
Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but the investments may sour as prices plummet from the COVID-19 pandemic and as climate change risks rise, a new study shows.
Traders Thought Apple Had 'the Holy Grail' of Oil Data, but the Quest Continues
As more and more of the world is run on data, oil traders have been increasingly looking for any source that can provide real-time data on fuel demand.
Targa NGL Pipeline Company Launches Open Season
Targa NGL Pipeline Company has launched an open season to solicit shipper interest on a planned NGL pipeline from Kingfisher County, Oklahoma to Mont Belvieu, Texas.
Germany's Merkel Underlines Aim to Complete Baltic Pipeline
German Chancellor Angela Merkel has reaffirmed her country's commitment to completing the controversial Nord Stream 2 pipeline that has faced tough U.S. resistance.
UAE’s BPGIC to Expand Storage Facilities
The United Arab Emirates’ Brooge Petroleum and Gas Investment Co (BPGIC) said on Wednesday that it was moving ahead with its oil storage expansion plans as there has been a limited impact from the coronavirus pandemic on the company's operations.
India to Simplify Gas Pipeline Tariff to Boost Demand
India's oil minister announced the country is planning to simplify its gas pipeline tariff structure in order to attract further investment into the nation's gas infrastructure.
Michigan Regulators Deny Quick Approval of Enbridge Pipeline Tunnel
Regulators in Michigan have denied a request by Enbridge for expedited approval of its proposed Line 5 pipeline tunnel underneath the Great Lakes instead requesting a full review of the project.
Align Midstream Partners Completes TOPS Pipeline
Align Midstream Partners has announced the completion of its TOPS Pipeline and the formation of a joint venture in the pipeline with Sabine Oil & Gas.
Alaska Officials Approve BP's Sale of Pipeline, Oil Leases to Hilcorp
Alaskan energy officials on Monday approved the sale of BP's pipeline and oil and gas assets to Hilcorp Energy as part of a previously announced multi-billion dollar deal.
Chesapeake Asks to Cancel Pipeline Contracts Amid Bankruptcy Filing
Chesapeake Energy is looking to cancel more than $300 million worth of pipeline contracts as part of its Chapter 11 bankruptcy proceedings.
Black Bear Transmission Announces Purchase of Gas Pipeline Assets
Black Bear Transmission has announced the purchase of natural gas pipeline assets from Third Coast Midstream.
EU Prepares Response to Nord Stream U.S. Sanctions Threat
The European Union is preparing measures to protect itself against proposed U.S. sanctions against European companies involved in the construction of the Nord Stream 2 pipeline.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
