Pipelines

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Kuwait Readies $7 Billion Pipeline Deal as Gulf Turns to Foreign Capital

(Reuters) – Gulf governments are stepping up infrastructure deals with foreign investors, with Kuwait set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion, three sources with knowledge of the matter said. The shift comes as oil prices, down more than 25% …

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NY Regulators Oppose Filings for Williams’ Proposed PA-NY Constitution Natgas Pipeline

(Reuters) – New York’s environmental regulator said on Wednesday that it filed with federal energy regulators to oppose Williams Cos-led Constitution Pipeline’s bid to revive a permit to build the proposed, previously canceled natural gas pipeline from Pennsylvania to New York. Constitution recently petitioned the U.S. Federal Energy Regulatory Commission to reissue a Certificate of …

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Dakota Access Pipeline Should Continue Operating, US Army Corps of Engineers Says

(Reuters) – The U.S. Army Corps of Engineers on Friday released a long-anticipated Environmental Impact Statement for the Dakota Access Pipeline (DAPL), recommending that operations of the oil pipeline continue with some conditions. The EIS, a document required by U.S. law to evaluate the environmental effects of major federal actions, is a win for DAPL …

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Trump Vowed Energy Dominance. Here’s How He’s Doing

By Ari Natter Oil production hit another record this year, climbing above 13.8 million barrels a day in September. Photographer: Robyn Beck/AFP/Getty Images The US is on pace to pump more oil this year than any other nation in history as President Donald Trump puts the federal government’s full weight behind his sweeping agenda to …

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US Judge Blocks Michigan From Enforcing Order to Shut Down Enbridge’s Line 5 Oil Pipeline

(Reuters) – A U.S. judge on Wednesday blocked Michigan from enforcing a 2020 order to shut down Enbridge’s Line 5 oil pipeline running beneath a channel linking two of the Great Lakes, ruling that pipeline safety is a federal responsibility. The decision comes five years after Michigan Governor Gretchen Whitmer revoked an easement allowing Canadian …

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Trump US Vowed Energy Dominance. Here’s How He’s Doing

By Ari Natter Oil production hit another record this year, climbing above 13.8 million barrels a day in September. Photographer: Robyn Beck/AFP/Getty Images The US is on pace to pump more oil this year than any other nation in history as President Donald Trump puts the federal government’s full weight behind his sweeping agenda to …

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US House Passes Bill to Fast-Track Natural Gas Pipeline Permitting

WASHINGTON, Dec 12 (Reuters) – The U.S. House of Representatives on Friday voted 213-184 to pass a bill that aims to speed up federal permitting of interstate natural gas pipelines by designating the Federal Energy Regulatory Commission as the lead agency in the process. The Improving Interagency Coordination for Pipeline Reviews Act gives the agency …

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Oil Exports Via Caspian Pipeline Down 12% in November m/m, Sources Say

(Reuters) – Oil exports of the Caspian Pipeline Consortium (CPC), which ships oil from Kazakhstan via a pipeline and subsequently a Russian Black Sea terminal, declined by 12% in November from October, two industry sources said on Thursday. CPC, which handles around 80% of Kazakhstan’s oil exports, was attacked by a Ukrainian drone on November …

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Kazakhstan’s CPC Oil Pipeline Will Not Return to Full Export Capacity Before December 11, Sources Say

(Reuters) – Kazakhstan’s Caspian Pipeline Consortium, which accounts for 1% of global crude supply, will not return to full export capacity until at least December 11 after a Ukrainian drone attack damaged a key part of its terminal, two industry sources told Reuters. The CPC terminal, which handles around 80% of Kazakhstan’s oil exports, was …

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