News

Crude Oil

Amberjack Transports First Oil From Chevron’s Big Foot Project

MLP formed by Shell Midstream Partners and Chevron Pipe Line received first crude on Nov. 21.
 

Pipelines

Germany Sticks To Nord Stream 2 Pipeline Despite Ukraine Crisis

Germany is still committed to the NordStream 2 pipeline, which will allow Russia to bypass Ukraine in transporting gas to Europe, despite escalating tension in the region, a government spokesman in Berlin said on Nov. 28.

Reuters

Construction

Rash Of Violations Plague Rover, Mariner East 2 Projects

Two U.S. pipelines rack up more than 800 state and federal violations, and raise the ire of regulators and state legislators.

Reuters

Construction

Saudi Aramco Aims To Become Gas Exporter With $150 Billion Investment Drive

Country also seeks to expand its petrochemical business.

Reuters

Natural Gas Liquids

China To Issue 2 Million Tonnes Of New Fuel Export Quotas For 2018 Due To Glut

The Chinese government is set to release 2 million tonnes of refined fuel export quotas for this year, taking total quotas for 2018 to about 48 million tonnes, according to two sources briefed on the matter on Nov. 27.

Reuters

Crude Oil

Oil Prices Steady Near Year Lows Ahead Of G20, OPEC

Oil prices steadied on Nov. 27, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week.

Reuters

Natural Gas

Petronas’s Kebabangan Gas Field To Return To Full Capacity By August

Repairs for gas leak at associated pipeline will be complete by July.

Reuters

LNG

Taiwan Imports First Ichthys LNG Cargo From Australia

Taiwan imported its first Ichthys LNG cargo from Australia, the country's state-owned CPC Corp said on Nov. 26.

Reuters

Crude Oil

Oil Creeps Back Above $60, But Growth Doubts Curb Gains

Oil prices rose above $60/bbl on Nov. 26, recovering some of the previous session’s near-7% fall, although uncertainty over global economic growth limited the gains.

Reuters

Regulation

Clashing With Trump, US Government Report Says Climate Change Will Batter Economy

Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, hitting everything from health to infrastructure, according to a government report issued on Nov. 23 that the White House called inaccurate.

Reuters

LNG

Asian LNG Prices Dragged Down By Oil Slide, Heavy Supply

Asian spot prices for liquefied natural gas (LNG) tumbled nearly 10% this week to a more than three-month low, knocked lower by a slide in oil prices, forecasts for a warmer than average winter and ample supply onshore and in tankers.

Reuters

Pipelines

South Africa To Invest $1 Billion In South Sudan's Oil Sector

South Africa will invest $1 billion in South Sudan's oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum said on Nov. 23.

Reuters

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