Pipelines

  Canadian pipeline operator Enbridge said on Friday it was postponing the 250,000-barrel-per-day second phase of its Mainline crude pipeline network, partly due to Canadian oil producers not committing to significant output increases. The project would have increased exports of Canadian crude to U.S. refineries. But Enbridge CEO Greg Ebel said the company will focus first …

Canada’s Enbridge to Postpone Plans for Second Phase of Mainline Oil Pipeline Expansion Read More »

By Steven Scheer Israeli Foreign Minister Eli Cohen attends a conference at the European Parliament in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo JERUSALEM, July 7 (Reuters) – Gulf countries’ dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel’s …

Israel’s Energy Minister Touts Oil Pipeline to Bypass Hormuz Read More »

(Reuters) – Alberta and Ontario on Monday proposed a new 2,050-mile (3,300-km) crude oil pipeline between the two Canadian provinces that they said would initially move 500,000 barrels per day and reduce reliance on foreign markets. * The proposed pipeline would run from Hardisty, Alberta, to refineries in Sarnia, Ontario, and could eventually move 800,000 …

Alberta and Ontario Propose New 2,050-Mile Canada Oil Pipeline Read More »

(Reuters) – Iraq’s cabinet approved Basra Oil Company signing “a heads of agreement”, or preliminary agreement, and a non-disclosure agreement with a consortium including U.S. companies Capital TI and Chevron and Qatar’s UCC to study strategic oil export pipeline projects, according to a cabinet statement. The consortium will prepare technical and financial feasibility studies comparing …

Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipeline Projects Read More »

By Amanda Stephenson  Summary Pipeline would carry 1 million barrels per day from Alberta to the Pacific coast Alberta said construction could begin as early as September 2027 Pipeline would give Canada more export options to Asia Pembina would hold a 10% construction stake with an option for another 10% (Reuters) – Canada announced plans …

Canada, Alberta Announce New West Coast Oil Pipeline to Boost Exports Read More »