News Topics: Transportation & Pipelines

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Glencore Sees Tripoli-based NOC as Sole Legal Seller of Libyan Oil
Thursday, November 26, 2015 Glencore recognizes Libya’s Tripoli-based National Oil Corporation as the sole legal marketer of the country’s oil.

PetroChina's $2.4B Sale Mixes Profits With Overhaul
Thursday, November 26, 2015 PetroChina rises to a two-week high after announcing plans to sell pipeline stakes for as much as $2.4 billion as the nation’s biggest oil and gas producer seeks to meet year-end profit targets amid a drive to reform state-own enterprises.

Israel's Leviathan Signs Preliminary Egypt Natgas Deal
Wednesday, November 25, 2015 Partners in the Leviathan gas field, offshore Israel, sign a 15-year deal to pump gas to Egypt via an existing subsea pipeline.

Canada To Move Ahead With Oil Tanker Ban On Northern B.C. Coast
Friday, November 13, 2015 Canadian Prime Minister Justin Trudeau has instructed Transport Minister Marc Garneau, to formalize a moratorium on crude oil tanker traffic along the northern coast of British Columbia.

NPD Grants Start-up Consents for North Sea Oil, Gas Pipelines
Friday, November 06, 2015 The Norwegian Petroleum Directorate grants start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline, which will serve the Edvard Grieg and Ivar Aasen fields in the North Sea.

TransCanada to Sell Stake in Natgas Pipeline for $223M
Friday, November 06, 2015 TransCanada Corporation says it will sell a 49.9-percent stake in a U.S. natural gas pipeline to its TC PipeLines partnership for $223 million.

Obama: KXL Would Not Serve US National Interest, May Impact Climate Change
Friday, November 06, 2015 Seven years after TransCanada Corp. initially applied for Keystone XL pipeline permit, US President Barack Obama rejects the bid.

Pipeline Operator Enbridge's Profit Rises as Shipments Increase
Thursday, November 05, 2015 Canada's largest pipeline company reports a 15.7-percent rise in quarterly adjusted profit, helped by increased throughput as producers move more oil by pipelines.

Inpex Completes Laying a 553-Mile Subsea Pipeline for Ichthys LNG Project
Thursday, November 05, 2015 Inpex completes work to lay a 553-mile subsea pipeline for the Ichthys liquefied natural gas project offshore Australia.

Wentworth: First Payment Received for Tanzania Gas Delivery
Wednesday, November 04, 2015 Wentworth Resources Limited announces that the first payment has been received for gas delivery from the Mnazi Bay concession in southern Tanzania to the country's new transnational pipeline.

TransCanada Request to Suspend Keystone Review Rejected by US
Wednesday, November 04, 2015 The US State Department rejected TransCanada's request to pause the government's evaluation of the proposed Keystone XL pipeline.

White House Says Obama To Rule On Keystone Pipeline Before Leaving Office
Monday, November 02, 2015 The White House expects that President Obama will make a decision on whether to grant a permit to TransCanada for the Keystone XL crude oil pipeline before he leaves office.

TransCanada Puts Brakes On Keystone XL
Monday, November 02, 2015 TransCanada says it wants to pause the presidential review while Nebraska considers new route.

Keystone Remains Locked: Elections Most Likely to Decide its Future
Thursday, October 29, 2015 Years of politicking has held up construction of Keystone XL pipeline, but the political winds are shifting and the heavy crude is making its way to refineries by other means.

Duke Energy to Buy Piedmont to Boost Natgas Operations
Monday, October 26, 2015 Duke Energy Corporation plans to buy Piedmont Natural Gas Company for $4.9 billion in cash to help expand its natural gas distribution business.

Oil Heads East, Leaving an Oklahoma Pipeline Unusually Empty
Monday, October 26, 2015 One of the main pipelines that carries crude to Cushing, Oklahoma, will run at less than capacity in December for the first time in nearly two and a half years.

White House Says Canada Election Unlikely To Affect Keystone Timing
Tuesday, October 20, 2015 The White House said that the completion of the Canadian election was unlikely to affect the timing of a US State Department decision on the Keystone XL crude oil pipeline.

OMV Plans to Sell 49% Stake in Gas Connect Austria
Monday, October 19, 2015 Austrian oil and gas firm OMV plans to divest itself of up to 49-percent of its Gas Connect Austria business.

Russia's Rostec to Build $2.5B Gas Pipeline in Pakistan
Friday, October 16, 2015 A unit of Russian state company Rostec will build a new gas pipeline in Pakistan that will connect Karachi with the provincial capital of Lahore.

Pipeline Explosion at Lewis Energy Group Facility Under Investigation
Friday, October 16, 2015 A natural gas pipeline explosion in South Texas early Friday morning is under investigation by the local sheriff's office.

Saudi Starts Oil Supplies to Poland, in Setback for Russia
Tuesday, October 13, 2015 Saudi Arabia starts supplying crude oil to Poland, becoming the latest Middle Eastern producer to enter a market traditionally dominated by Russia.

Putin Says Nord Stream II Not Aimed at Cutting off Anyone from Transit
Tuesday, October 13, 2015 Russian President Vladimir Putin says the planned Nord Stream II gas pipeline is not aimed at cutting off anyone from transit.

Shell Asks Shippers Exporting Nigerian Oil to Sign Guarantee
Friday, October 09, 2015 Royal Dutch Shell asks shop owners exporting its Nigerian oil to sign a 'letter of comfort' to guarantee it is not stolen, according to a company email.

Russia's Gazprom May Delay Launch of TurkStream 1st Line until End-2017
Wednesday, October 07, 2015 Russian energy giant Gazprom may delay the launch of the first line of its TurkStream gas pipeline project until the end of 2017.

Magma Global Secures Funding to Support Growth Plans
Monday, October 05, 2015 Magma Global raises $60 million from Strategic Investment Capital Partners, and existing investors, to support its growth plans.

Technip Secures ENI Umbilical Supply Contract
Thursday, October 01, 2015 Technip's subsidiaries Technip Umbilicals Ltd and Angoflex Ltda have been awarded a contract by ENI S.p.A. to supply umbilicals to the Block 15/06 East Hub Development, located offshore Angola.

TransCanada Submits to Nebraska Review to Speed Keystone XL
Wednesday, September 30, 2015 TransCanada is surrendering to an additional review of the Keystone XL oil pipeline and backing off from conflicts with Nebraska landowners as it struggles to win approval for the project.

Energy Transfer To Buy Williams For $33B After Long Quest
Monday, September 28, 2015 Williams agreed to be acquired by Energy Transfer Equity LP, three months after it rebuffed Energy Transfer's $53.1 billion offer.


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