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Month: December 2017

Category:
  • Arctic
  • USA

Alaska oil and natural gas exploration boom in question

Congressional Democrats and environmentalists are preparing for a legislative and legal fight against oil and natural gas drilling in Alaska’s Arctic National Wildlife Refuge after Congress this week approved drilling Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • Shale Gas
  • USA

Gulf Coast Express Pipeline gets investment nod amid Permian push

A final investment decision has been made to move forward with a 1.9 Bcf/d pipeline being jointly developed by Kinder Morgan, DCP Midstream and Targa Resources that would allow more Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • USA

Houston Ship Channel closed to all traffic due to dense fog: dispatcher

A blanket of fog on the Houston Ship Channel drove pilots to suspend all boardings Thursday afternoon. A dispatcher said pilots suspended boarding all vessels at 2:09 pm CST (2009 Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Latin America
  • LNG

Latin America is growing market for US LNG exports, conference told

Despite the Asia-Pacific region’s strong potential demand, Latin America is becoming a steadily growing market for US LNG exports, speakers at a Washington conference indicated. “The trillion dollar question in Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Refining

US Refiners Running Hard This Winter Give Oil Demand a Boost

Oil demand may jump in the new year as US refiners plan to take fewer units offline than last winter, freeing them up to churn out more fuel. (Bloomberg) — Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Oasis Looks To Expand Oil Ambitions Beyond North Dakota’s Bakken

Oasis Petroleum Inc, the last major oil producer operating exclusively in North Dakota’s Bakken shale formation, is heading south to the nation’s largest oilfield, pursuing a pricey expansion as investors Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Canada

Canada’s Inflation Rises On Higher Gasoline Prices

Driven by higher gasoline prices, Canada’s annual inflation rate jumped to 2.1 percent in November, after a 1.4-percent yearly increase in October, Statistics Canada said on Thursday, announcing figures that Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • United Kingdom

Forties pipeline restart plan sends oil prices back to earth

Production plans and start-ups in Norway, Europe’s largest oil producer, and a restart date for a North Sea pipeline network sent oil prices lower Thursday. “Based on current estimates the Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • United Kingdom

Ineos: Forties pipeline back in service by early January

Flow through the Forties pipeline system from the North Sea, idled since Dec. 11, should be back to normal in early January, the operator said Thursday. Pipeline operator Ineos said Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple
Category:
  • Norway

Around $1B in contracts expected offshore Norway

An estimated $1 billion in contracts will be awarded now that a plan for enhancing the 200 million-barrel Snorre field is on the table, Norway’s Statoil said. The Norwegian Petroleum Continue Reading

Posted On : 22 Dec 2017 Published By : Tom Whipple

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