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By Ruth Liao Western Midstream Partners LP agreed to acquire closely-held pipeline operator Brazos Delaware II for about $1.6 billion. The deal, which is expected to close by the end of June, includes 900 miles (1,450 kilometers) of pipes as well as natural gas processing plants and related equipment in the prolific Delaware region of …
Western Midstream to Pay $1.6 Billion for Permian Pipelines Read More »
Summary Oil companies commit to move at least 400,000 bpd, or about 72% of the pipeline’s initial capacity, sources say South Bow, Bridger aim to reach about 450,000 bpd in committed capacity to green-light pipeline Commitments signal oil companies are eager for takeaway capacity for Canadian output HOUSTON, (Reuters) – A proposed pipeline …
GETTING CLOSE: Canada-US Oil Pipeline Close to Reaching Commitment Requirement Read More »
By Robert Tuttle Canada’s oil industry is pushing back hard on proposals to impose a higher carbon tax, arguing the policy adds costs at a time when the world needs more secure and affordable sources of energy. Prime Minister Mark Carney and Alberta Premier Danielle Smith agreed to a higher carbon tax for industrial emissions …
Canada’s Oil Firms Look to Scrap Carbon Tax Tied to New Pipeline Read More »
(Reuters) – Ares Management said it has acquired a stake in the Rover natural gas pipeline from a unit of fellow investment firm Blackstone for an undisclosed sum, as interest in U.S. energy infrastructure assets grows. In a statement sent to Reuters, Ares said funds led by its Infrastructure Opportunities strategy would buy 32.4% of …
Ares to Acquire Rover Natgas Pipeline Stake from Blackstone Read More »
A new crude pipeline is crucial to Carney’s ambitions of making Canada an energy superpower By Brian Platt Alberta is looking at three options for a new oil pipeline to ship 1 million barrels a day through northern British Columbia, according to people familiar with the matter, as Canadian officials make plans to sharply increase …
Alberta Examines Three Northern B.C. Routes for Oil Pipeline Read More »
The U.S. Supreme Court on Wednesday rejected Enbridge’s bid to change the venue of an environmental lawsuit by Michigan seeking to force the Canadian energy company to stop operating an oil pipeline between two of the Great Lakes. The justices unanimously ruled that Enbridge had waited too long to seek to move the lawsuit by …
US Supreme Court Rrejects Enbridge challenge to Michigan Pipeline Case Read More »
(Reuters) – Phillips 66 and Kinder Morgan have secured enough long-term shipper commitments to move forward with a proposed pipeline project to supply fuel to Arizona and California, they said on Monday. The Western Gateway Pipeline project comes as companies race to build a major new fuel pipeline to the U.S. West Coast ahead of …
Phillips 66, Kinder Morgan Move Ahead With New US West Coast Fuel Pipeline Read More »
(Reuters) – U.S. President Donald Trump issued several pipeline permits on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of crude oil and petroleum products between the U.S. and Canada, according to documents released by the White House. The permit authorizing construction was issued to the Bakken Pipeline Company …
Trump Issues Several Pipeline Permits for US-Canada Oil Transportation Read More »
(Rueters) – U.S. energy company Williams Cos CEO Chad Zamarin said on Tuesday the long-delayed Constitution natural gas pipeline from Pennsylvania to New York could be operational as soon as the end of 2027, if all goes as planned with the controversial project. Zamarin made the comments in Brooklyn, New York, at the groundbreaking of …
Williams CEO Says PA-NY Constitution Natgas Pipe Could be Online as Soon as 2027 Read More »
(Reuters) – Bridger Pipeline’s proposed project to transport Canadian crude from the U.S.-Canada border to Wyoming would cost about $2 billion and have the capacity to transport more than 1 million barrels of oil per day, according to new details released by the company. The company first outlined plans in January to the Montana Department …
Bridger’s Canada‑Wyoming Crude Line Seen Costing $2 Billion, Topping 1 Million bpd Read More »
