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Arabian Gulf Oil Company (AGOCO), wholly owned by the National Oil Corporation of Libya, has completed repairs on a crudeoilpipeline where a leak was detected at the end of May. AGOCO completed the repairs on the Hamada-Zawiya crudeoilpipeline, the company said on Thursday, as carried by Reuters.
The Bicentenario crudeoilpipeline in Colombia has been shut down following an explosion that state oil company Ecopetrol said was caused by a guerrilla attack. Per a Reuters report citing the company, the Bicentenario pipeline was hit by the National Liberation Army. Last year, at one point Ecopetrol reported
(Oil Price) – Alberta could receive within weeks a proposal from a private company for a new pipeline from the oil-rich province to British Columbia’s northwest coast, Alberta Premier Danielle Smith told Bloomberg News in an interview published on Tuesday.
Alberta Premier Danielle Smith said on Wednesday the province is working to present Canadian Prime Minister Mark Carney with a proponent and route for a potential new crudepipeline from Alberta to the Port of Prince Rupert in British Columbia.
(BOE Report) – CALGARY – Canada’s biggest crudeoil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. Alberta Premier Danielle Smith has said she wants to see a pipeline running from her province to the Port of Prince Rupert, B.C., Enbridge Inc. South Bow Corp.,
The expanded Trans Mountain pipeline in Canada could raise its capacity by another 75,000 barrels per day (bpd) by early 2027, which could potentially increase Canadian crudeoil exports from its Pacific Coast to non-U.S.
CALGARY – Canada’s biggest crudeoil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. Alberta Premier Danielle Smith has said she wants to see a pipeline running from her province to the Port of Prince Rupert, B.C.,
The $5-billion East African CrudeOilPipeline (EACOP), which is planned to export crudeoil from Uganda via a port in Tanzania, has secured the first tranche of external financing for the project.
The Wink to Webster Pipeline, operated by ExxonMobil, stands out as the largest crudeoilpipeline by capacity exiting the prolific Permian Basin in West Texas.
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crudeoil and natural gas production figures. The RRC noted in the statement that crudeoil and natural gas production for March came from 157,192 oil wells and 83,898 gas wells.
It seems almost nothing is going to stop Western Canada’s crudeoil production growth. But getting those incremental barrels to refiners and exporters will require more pipeline takeaway capacity, including expansions to Enbridge’s Mainline and Express systems, which should keep barrels flowing to key markets in the U.S.
Date: July 2025 Ironwood Midstream Energy Partners LLC continues to strengthen its role in the Eagle Ford Shale with the operation and regulatory management of three significant pipeline permits in Karnes County, Texas. 10145 Liquids Common Carrier Eagle Ford Crude Line 30.59 10145 Liquids Common Carrier Eagle Ford Crude Line 30.59
(World Oil) – (Bloomberg) Chevron Corp., YPF SA and other oil drillers are planning a major Argentine pipeline to handle rising output from the Vaca Muerta shale region. Crude output from the Vaca Muerta already stands at about 450,000 bpd.
CALGARY – The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead.
The EPIC CrudePipeline, which stretches from the prolific Permian Basin in West Texas to Corpus Christi, has operated above its original nameplate capacity for more than a year, with volumes rising in recent months. Owner EPIC Midstream in April sold its NGL pipeline to Phillips 66 for $2.2
Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crudeoil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.
The Association of the Petroleum Industry of Kurdistan (APIKUR) has welcomed it described as renewed and intensified negotiations between the Kurdistan Regional Government (KRG) and the Government of Iraq (GoI) aimed at resuming oil exports via the Iraq-Türkiye Pipeline (ITP).
The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Today, we purchase crudeoil from across the globe. Their cooperation has enabled us to bring in oil and gas from alternative sources.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22
(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. The facility will play an instrumental part in supporting the country’s crude production goals,” states NJ Ayuk, Executive Chairman of the AEC.
When people think of the origins of the oil industry, their minds often go to Titusville, Pennsylvania, where Edwin Drake drilled the first successful oil well in the United States in 1859. While this site is historically significant, it is not the true birthplace of the oil well.
liquids pipeline with a capacity of about 3 million barrels a day of crudeoil. Enbridge has earmarked an investment of up to about $1.39 billion until 2028 for a Canada-U.S.
It seems almost nothing is going to stop Western Canada’s crudeoil production growth. But getting those incremental barrels to refiners and exporters will require more pipeline takeaway capacity, including expansions to Enbridge’s Mainline and Express systems, which should keep barrels flowing to key markets in the U.S.
The Canadian Senate on Thursday formally approved a draft law that would fast track major resource and infrastructure projects such as crudeoilpipelines and mines. Prime Minister Mark Carney says the legislation is needed to help Canada reduce its reliance on the United States.
Register to attend. (World Oil) – Diversified Energy Company PLC, a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
(Oil Price) –Crudeoil and natural gas investments in Colombia could rise to $4.68 billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. Colombia’s 2024 oil recovery rate averaged 27 percent, energy minister Andres Camacho said last May.
The United States has pushed the Iraqi government to finalise an agreement with international oil companies (IOCs) to resume crudeoil exports through the Iraq-Turkey Pipeline (ITP). Reopening the ITP ensures Iraqi oil can reach global, especially European markets. companies. So we're - that's part of the issue.
Image by traveler1116 via iStock Canadian oil sands production will reach record annual production in 2025 despite lower prices, according to a forecast from S&P Global Commodity Insights. Oil sands production in the country is projected to reach 3.5 million barrels per day (bpd) for the year, 5 percent higher than last year.
The Port of Vancouver moved a record amount of goods through its gates last year, an increase driven partly by surging oil exports made possible by the Trans Mountain Pipeline. Read more]
Vaca Muerta, the world’s second-largest unconventional gas reserve and fourth-largest oil reserve, located in the province of Neuquén, is one of Argentina’s main attractions.
In North America, built-up wax in crudeoilpipelines compromises oil flow, resulting in millions of dollars lost due to removal expenses. Honeya Shahin, a senior research chemist at SECURE, creates cost-effective, advanced chemical solutions to significantly reduce wax formation and restore flow.
(Oil Price) –Canadas pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. In total, Enbridge moves 40% of all North American crude. billion (C$2.2
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary.
The pipelines carrying crudeoil from the Permian Basin in West Texas to the Corpus Christi area have been as jammed as an urban highway on the Friday before Memorial Day weekend. In todays RBN blog, well discuss what this project means for pipeline congestion and crude exports out of Corpus and nearby Ingleside.
The Hacksaw CrudeOil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. This expansion included the construction of three 5,000-barrel API 650 steel oil tanks, a 1,000-barrel slop oil tank, and a 750-barrel fiberglass water tank.
A compromise put forward by the KRG aimed at restarting crudeoil exports through Turkey came close to breaking the deadlock this week, but ultimately fell short. Despite the need to diversify its export outlets, Baghdad has one eye on upcoming elections.
Andrew McMurray, CEO of ShearFRAC, said, “Enverus was the obvious choice for us as a technology service business in the oil field services space. Collectively, these organizations represent: 60% of North American crudeoil production 56% of natural gas production $12.1 Learn more at Enverus.com.
One of the largest integrated energy infrastructure companies in North America, ONEOK operates a 60,000-mile pipeline network to transport natural gas, NGLs, refined products and crudeoil. The post ONEOK acquires remaining 49 percent interest in Delaware Basin JV appeared first on Permian Basin Oil and Gas Magazine.
It might seem crazy to talk about expanding crudeoil and diluent pipeline systems between Canada and the U.S. amid what could escalate into an all-out trade war between the two nations. We examine Enbridges plans in todays RBN blog.
(BOE Report) – Saudi oil giant Aramco is seeking investors in infrastructure, including pipelines, for its $100 billion Jafurah gas project, two people familiar with the matter told Reuters. These groups took 49% stakes in subsidiaries Aramco OilPipelines and Aramco Gas Pipelines, in which Aramco retains 51% stakes.
Slovakia argues that cutting off Russian pipeline gas will raise prices, especially in central Europe. It also wants a mechanism to cap EU transit fees, and guarantees in case of a gas shortage, Economy Minister Denisa Sakova said last week.
government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. Permian to Cushing pipeline flows are tracking 100,000 barrels per day higher year-over-year for the first quarter, Irwin said.
Everything from the enormous refineries that process crudeoil to the vast pipelines that run beneath oceans is built on steel and aluminum. Behind the strength of these materials, however, lies a slow but persistent force called corrosion, which, if ignored, can cause disastrous breakdowns.
(World Oil) –Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africas biggest crude producer works to boost output and prepare the firm for an initial public offering. Bashir Ojulari will replace Mele Kyari as head of NNPC Ltd.
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