Regions

India, Nepal open cross border oil pipeline

The leaders of India and Nepal inaugurated South Asia's first cross-country oil pipeline Tuesday, allowing the Himalayan nation of Nepal to receive an uninterrupted supply of oil from its large southern neighbor.

State Court Rejects Challenge to Line 3 Pipeline

The Minnesota Supreme Court declined to take up challenges by tribal and conservation groups and ruled that the Minnesota Public Utilities Commission can move forward with an environmental review of Enbridge Energy’s proposal to replace its aging Line 3 crude oil pipeline.

Lawsuit: Poor information about pipeline led to fatal blast

A federal lawsuit accuses a major pipeline company based in Georgia of failing to tell work crews where a major underground pipeline was located before they ruptured the line, touching off a deadly explosion in Alabama.

U.S. Oil Exports Ramp Up as Buyers Seek Alternatives to Saudi Crude

The oil markets were in turmoil on Monday after the weekend's attack on Saudi facilities, as refiners in top consumer Asia looked for alternative supplies, U.S. crude producers ramped up efforts to export crude and Saudi Arabia tried to secure refined products.

Saudi Attacks Raise Spectre of $100/barrel Oil: Analyst View

The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.

Major Saudi Oil Sites Hit in Drone Attacks

Drones claimed by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco early Saturday, sparking a huge fire at a processor crucial to global energy supplies.

Fire Put Out on Tanker at Norway's Sture Oil Terminal

Police evacuated people from a major tanker port in southern Norway Friday as a precaution after a fire on an oil tanker.

LM Energy Completes First Phase of Touchdown Gathering System

Dallas-based LM Energy Holdings said it has completed Phase I of its Touchdown Crude Oil Gathering System in the Northern Delaware Basin and will begin transporting crude oil in October.

U.S. Agency Commits $688 Million to Projects in Argentina

The U.S. government's development finance institution has approved four projects worth $688 million in Argentina, including oil and gas transportation and processing infrastructure for the Vaca Muerta field.

Total Seeks Buyer for Tainted Russian Piped Oil

France's Total has issued a tender to sell 1.3 million barrels of contaminated Russian Urals crude oil for loading from Rotterdam port, according to three trading sources.

U.S. Oil Production Still Near Record High, but Growth Slowed

U.S. crude production remained close to a record level in June but growth has slowed significantly since the end of last year in response to lower oil prices and the slowdown is set to extend into 2020

Enbridge Urges Canadian Regulator to Not Intervene in Pipeline Plan

Enbridge Inc called on Canada's energy regulator on Wednesday to ignore calls from some of its shippers and avoid intervening in the pipeline company's contentious proposal to revamp contracts on its Mainline network.

Two Overnight Bombings Damage Colombia's Cano Limon Pipeline

Two overnight bombings have damaged Colombia's Cano Limon pipeline, state-run oil company Ecopetrol said on Thursday, one spilling "highly volatile" oil into a river in the eastern province of Norte de Santander.

Trump Administration Drops Obama-Era Water Protection Rule

The Trump administration on Thursday revoked an Obama-era regulation that shielded many U.S. wetlands and streams from pollution but was opposed by developers and farmers who said it hurt economic development and infringed on property rights.

Gas Prices Forecast to Fall to '70s Levels on Pipeline Oversupply

An oversupply of natural gas in the United States from new pipelines will drive average prices at the Henry Hub benchmark to a level not seen since the 1970s, according to a report from IHS Markit on Thursday.

Oxy May Keep Some Western Midstream Ops: Morgan Stanley

A month after acquiring Anadarko, Occidental Petroleum is targeting $10-15 billion in asset sales but might accomplish this without divesting all of Western Midstream's operations.

TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary

The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak announced, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Scarborough Pipeline Awaits Final Investment Decision

Netherlands-based Royal Boskalis Westminster has been awarded a contract valued at $162 million (145 million euros) for seabed intervention and shore-crossing activities for the proposed Scarborough export gas pipeline in northwestern Australia.

Blue Mountain Launches Open Season for Gathering Systems

Blue Mountain Midstream announced its Wildcat subsidiaries launched an open season for new crude oil and water gathering systems and services in central Oklahoma.

US Court Vacates Dominion Atlantic Coast Pipeline Permit

A permit allowing Dominion Energy to build the Atlantic Coast natural gas pipeline from West Virginia to North Carolina has been vacated by an appeals court.

Jobs Fall as Shale Boom Cools

U.S. oil and gas employment has started to fall as producers and service companies respond to the sharp decline in prices since the fourth quarter of 2018.

Kinder Morgan Closer to 3rd Permian Pipeline

Kinder Morgan is “moving along” with plans for a third major pipeline project from the Permian Basin – the newly named Permian Pass, which would deliver natural gas from West Texas to the Sabine area of the East Texas-Louisiana Gulf Coast, CEO Steven Kean said.

Plains All American to Remove Steel Tariff Surcharge on Cactus II

Plains All American Pipeline filed with U.S. regulators to remove a proposed surcharge on its Cactus II oil pipeline, tacked on as a result of the Trump administration’s tariff on imported steel.

Libya Re-Opens Pipeline from Sahara Oil Field

Libya’s national oil company said it reopened a pipeline that had been closed since the weekend and resumed production at the country’s largest oil field.

Gazprom Expects Danish Approval of Nord Stream 2 by October

Russian gas producer Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, the Russia International News agency (RIA) reported.

Tellurian Finds Strong Demand for Permian Global Access Project

An open season for Tellurian’s Permian Global Access Pipeline (PGAP) drew strong demand from West Texas natural gas producers seeking delivery to the rapidly growing natural gas market in Southeast Louisiana.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Mexico Gets Deal with Final Holdout Firm in Pipeline Contract Dispute

Mexico's government has reached a deal with infrastructure firm Fermaca in its renegotiation of natural gas pipeline contracts signed under the last government, Mexican President Andres Manuel Lopez Obrador said on Wednesday.

East Africa’s Leakage Incidents Points to Detection Needs

Barely one year after the commissioning of East and Central Africa’s only refined oil transportation pipeline in Kenya, leakages have been reported, raising concerns about the ability of existing government agencies to monitor the safety of oil infrastructure at a time when similar projects have been unveiled across the region.

Pipelines Emerging in Africa’s Quest for Gas Power

Despite the many advances in the electrification of Africa, much of the continent has yet to be connected to the grid or have access to reliable and affordable power supplies. According to World Bank figures, Africa’s electrification rate is just 42%.