News

Crude Oil

Oil Down But Set For Weekly Gain Amid Caution Over Global Economy

Despite no apparent progress, hopes abound that the U.S. and China will resolve their trade war.

Reuters

Pipelines

German Business Group Says US Should Not Sanction Europe's Use Of Russian Gas

Any attempts by the United States to stop Europe buying Russian gas via additional sanctions against Moscow would be an attack on the continent’s sovereignty, a German business group said on Jan. 11

Reuters

Crude Oil

Canada Regulator Issues Draft Conditions In Oil Pipeline Review

Canada's energy regulator released draft revisions of conditions and new recommendations on Jan. 10 as part of the Trans Mountain oil pipeline expansion re-review, ordered last year after a Canadian court overturned the approval of the project.

Reuters

Construction

Start Date For New Permian Oil Line In Jeopardy On Regulatory Delay

EPIC was formed in 2017 and the crude oil line in the Permian Basin is one of its first projects. In October, EPIC said it would convert a portion of its planned NGL pipeline to transport crude instead.

Reuters

Crude Oil

Traders: Mexican Ports See Bottlenecks As Fuel Distribution Slows

Mexico’s government has ordered pipelines shut to limit losses from fuel theft.

Reuters

Enable Midstream Taps Craig Harris For Newly-Established COO Position

Craig Harris will assume the newly established role as COO designed to further strengthen Enable Midstream’s position as a leader in the midstream sector.

Regulation

Trump Nominates Acting EPA Head, An Ex-Coal Lobbyist, To Run Agency

President Trump on Jan. 9 nominated acting EPA chief Andrew Wheeler to run the agency permanently, the White House said, placing a former energy lobbyist at the helm of the nation's top environmental regulator.

Reuters

Williams Promotes Scott Hallam To Oversee Atlantic-Gulf Operating Area

In his new role as senior vice president over the company’s Atlantic-Gulf operating area, Scott Hallam will succeed Frank Ferazzi who is retiring after a decades-long career at Williams.

LNG

Trade War Cuts US LNG Exports To China In 2018

The number of U.S. LNG vessels that went to China in 2018 fell by around 20% from the prior year as the trade war between Beijing and Washington heated up.

Reuters

Debt & Equity

Energy Transfer Operating Announces Pricing of $4 Billion Of Senior Notes

Entity was known as Energy Transfer Partners LP.

Finance

EnCap Flatrock Midstream Promotes Pitts To Managing Partner

Pitts joined firm as managing director in 2014.

Crude Oil

EIA: US Crude Oil Stocks Fall Less Than Expected

Crude oil stocks at the Cushing, Okla., delivery hub for U.S. crude futures rose 330,000 barrels, the Energy Information Administration said in its weekly report.

Reuters

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