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Impact of U.S. Court Ruling on Keystone XL Timing Unclear-TransCanada

Nov 13, 2018

TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline expansion, but the impact on project timing remains unclear, the company's top crude pipeline executive said on Tuesday.'We're going through the decisions…

US warns sanctions still an option against Nord Stream 2

Nov 13, 2018

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 on Tuesday.Asked if Donald Trump could take…

Cano Limon Pipeline Hit by More Bombings

Nov 13, 2018

Colombian state-run oil company Ecopetrol said on Tuesday that three new bombings of the Cano Limon pipeline have caused contamination in several waterways in the country's northeastern Arauca province.The attacks on Sunday and Monday brought…

Cooper Energy: Sole Pipeline Test Fails

Nov 12, 2018

Australia-based Cooper Energy says testing of the newly installed Sole pipeline in the eastern Gippsland basin offshore Victoria, southeast Australia has revealed localized damage.'Laying of the 65 km pipeline to link the recently completed…

Gazprom Says Nord Stream Payments Blocked by Swiss Injunction

Nov 12, 2018

Gazprom said a Swiss court has issued an injunction blocking payments from the operators of the Nord Stream gas pipeline as part of a legal dispute between the Russian gas producer and Ukraine's Naftogaz.All payments from Nord Stream AG and Nord Stream 2 AG are to be directed to the Swiss bailiffs…

U.S. Pipeline Operators Reap Hefty Profits from Bottlenecks in Texas

Nov 09, 2018

Some of the biggest pipeline operators in the United States have supercharged earnings this year by buying deeply discounted shale in West Texas oilfields and selling it at a premium at Gulf Coast ports.These companies are taking advantage of…

Anadarko to Sell Midstream Assets for $4 Bln

Nov 08, 2018

Oil and gas producer Anadarko Petroleum Corp said on Thursday it would sell nearly all of its midstream assets, including pipelines, to its master limited partnership Western Gas Partners for $4.02 billion.The company is selling assets in the…

Tellurian to Start Building LNG Export Plant in 2019

Nov 07, 2018

U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.Chief Executive Meg Gentle said in the…

Kinder Morgan says Louisiana Natgas Pipe in Service for LNG Terminal

Nov 06, 2018

U.S. energy company Kinder Morgan Inc told federal regulators on Tuesday that it put part of the Louisiana natural gas pipeline in Louisiana into service:* The $122 million pipeline is designed to deliver up to 0.6 billion cubic feet per day…

US Allows Williams More Time for NY-Penn. Natgas Pipeline

Nov 06, 2018

U.S. energy regulators gave Williams Cos Inc two more years until December 2020 to get the approvals needed to build its long-delayed Constitution natural gas pipeline from Pennsylvania to New York, according to a federal filing made available on Tuesday…

Tullow: First Kenyan Crude Shipments in 2019

Nov 06, 2018

Africa-focused Tullow Oil expects the first crude shipments from its Kenyan oilfields in the first half of 2019 and is pricing the product for the market, the company's chief executive said on Tuesday.Paul McDade also told Reuters that Tullow…

Gazprom to increase gas deliveries to Austria

Nov 05, 2018

Russian energy producer Gazprom will deliver more gas to its Austrian partner OMV, the two companies said on Monday.Deliveries to Austria will be increased by 1 billion cubic meters per year, they added.'The signing of a document on additional…

Enbridge's Profit Beats Estimates

Nov 02, 2018

Enbridge Inc, Canada's largest pipeline operator, topped analysts' estimates for quarterly profit on Friday, as the company transported more oil on its Mainline system that runs from western Canada to the United States.The company said it moved 2…

Merkel: Germany Will Accelerate Plans to Build LNG Terminal

Nov 02, 2018

Chancellor Angela Merkel said on Friday that Germany would speed up its plans to build a liquefied natural gas (LNG) terminal as Europe's largest economy seeks to diversify its energy supply.Merkel also said that Ukraine would remain an important…

Petrobras, Engie Unlikely to End TAG Talks Before Feb -Engie CEO

Nov 01, 2018

Talks between Brazil's Petroleo Brasileiro SA and France's Engie over the latter's acquisition of pipeline company TAG are not expected to end before February or March of next year, the chief executive of Engie's Brazilian unit said in a conference call with analysts…

Current News

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Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

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