Continental Resources Inc. (NYSE: CLR) announced the execution of a firm transportation agreement on Enable Midstream Partners' (NYSE: ENBL) Project Wildcat.
Canada’s ruling Liberals have insisted that they have jurisdiction over project, which they approved in 2016.
Oil prices rose on April 26, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand.
Pipeline from north of country to Indian Ocean port is expected to cost $2 billion.
U.S. oil major Chevron Corp. has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.
At DUG Rockies, Hess Corp.’s vice president of onshore, Barry Biggs, told the audience the Bakken is a key driver of U.S. production growth.
Chinese refiner slashed May shipments by 40%, citing poor economics compared to other crude oil on the market.
Whiting Petroleum President and CEO Brad Holly kicked off DUG Rockies by counting four reasons the Bakken is attractive.
Oil eased on April 25, but held in sight of three-year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.
Phillips 66 Partners said April 24 it has received sufficient binding commitments on an initial open season to proceed with construction of the Gray Oak Pipeline system.
Shares of Canadian pipeline operator Enbridge Inc. dropped more than 4% on April 24 after a Minnesota judge agreed the Line 3 oil pipeline replacement project was needed, but rejected the company's preferred route.