Latest News

Suncor To Expedite Maintenance Of Syncrude Oil Sands Plant

Shipments of synthetic crude are expected to restart at up to 50% of the 350,000 bbl/d plant's capacity in mid-April and gradually ramp up to full rates once the maintenance is finished.

2017/03/27

Hess Midstream Partners Opens IPO

The units will trade on the New York Stock Exchange under the ticker symbol "HESM."

2017/03/27

Total Forms $1.7 Billion JV To Expand Texas Petrochemicals Business

The new venture plans to build a 1 million tonne per year ethane steam cracker in Port Arthur, Texas, and is considering building a 625,000 tonnes per year polyethylene unit at Total's Bayport site.

2017/03/27

Norwegian Bank DNB Sells Its Share Of Dakota Access Pipeline Funding

Norwegian bank DNB has sold its share of loans funding the Dakota Access pipeline, it said on March 26.

2017/03/27

Poland Considers Building Floating LNG Terminal By 2021

Second terminal on Baltic Sea presented as an alternative to a planned pipeline to Norway.

2017/03/27

Transco Seeks FERC Approval For Northeast Supply Enhancement Project

Williams subsidiary’s project would move 400,000 dekatherms per day to Northeast.

2017/03/27

Iraqi Oil Minister: Market May Influence Extending Cuts Into Second-Half 2017

The agreement has elevated the price of crude to more than $50/bbl, but it helped U.S. shale oil producers boost their output, hampering efforts to reduce global stockpiles, Reuters reported.

2017/03/27

Trump To Sign Order Easing Energy Regulations

President Donald Trump will sign an order on March 28 aimed at making it easier for companies to produce energy in the U.S., administration officials said on March 26.

2017/03/27

OPEC, Non-OPEC To Review Extending Output Cut Deal

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months.

2017/03/27

Key North American Hub Prices: March 24, 2017

North American natural gas hubs report mixed price trends to end the week.

2017/03/24

North Dakota Oil Spill From December Larger Than First Estimated

A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Cos. Inc. said March 24.

2017/03/24

Update: Oil Rises In Late Trade, Still Down On The Week

Unless OPEC extends the curbs beyond June or makes bigger cuts, traders say oil prices are at risk of falling further.

2017/03/24

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