Oil Price The expanded Trans Mountain oil pipeline will rely on spot customers to see a positive equity return or return on capital in 2026, according to company filings with Canadian regulators reviewed by Reuters. The expanded Trans Mountain pipeline is tripling the capacity of the original pipeline to 890,000 barrels per day (bpd) from 300,000 bpd to carry crude from
BOE Report Canadian regulators on Monday kicked off a two-day hearing to weigh up a controversial route change request from the Trans Mountain expansion (TMX) project that has sparked Indigenous opposition and may lead to further delays for the key oil pipeline. After years of environmental opposition, regulatory hold-ups and ballooning costs, Canadian government-owned TMX is nearing completion and due
Reuters WASHINGTON/NEW YORK – A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court. The latest setbacks have increased the difficulty for developers of billions of dollars worth of
Source: Reuters NEW YORK (Reuters) – Enterprise Products Partners LP said on Monday it expects its Midland-to-ECHO 3 and 4 Permian crude pipeline system expansions will add about 450,000 barrels per day (bpd) each of additional capacity. Midland-to-ECHO 4 is further expandable up to 540,000 bpd, Jim Teague, chief executive of Enterprise’s general partner, said on its quarterly earnings call.
Move all of North Dakota’s daily production through DAPL From the Bismarck Tribune/Jamestown Sun BISMARCK — The operator of the Dakota Access Pipeline is planning to nearly double its capacity, to a point where it could transport nearly all of the daily oil production of the nation’s No. 2 producer [North Dakota]. The plans include new pumping stations in three
Canadian energy regulator the National Energy Board (NEB) has approved TransCanada’s Keystone Pipeline GP Ltd.’s request to begin winter clearing work on the North Spread of its Keystone XL Project. “Further pipeline construction would be subject to NEB approval of other condition compliance submissions,” according to a press release by the NEB which makes it clear this is a work
Wolf Midstream Launches Binding Open Season for Gray Wolf Crude Connector from Big Spring to Midland
From Reuters SAINT PAUL, Minn. (Reuters) – A Minnesota regulator on Thursday approved a certificate of need for Enbridge Inc to rebuild its Line 3 oil pipeline, angering environmentalists but offering hope to Western Canadian oil producers that have struggled to move crude oil to refiners. The Minnesota Public Utilities Commission’s decision clears the final major hurdle, pending possible appeals,
Energy East and Eastern Mainline applications withdrawn by TransCanada TransCanada Corporation (ticker: TRP) said in a press release today that it will no longer be proceeding with its proposed Energy East Pipeline and Eastern Mainline projects. TransCanada President and Chief Executive Officer Russ Girling put out a statement saying that TransCanada would inform the National Energy Board that it would
Minnesota Commerce Dept. sees no need for Enbridge’s Line 3 Replacement Pipeline Project The Line 3 Replacement Program is a multi-billion dollar private investment consisting of 1,031 miles of 36-inch diameter pipeline beginning in Hardisty, Alberta and ending in Superior, Wisconsin; it is one of North America’s largest infrastructure programs: Enbridge Calgary-based energy transportation giant Enbridge (ticker: ENB) has said
Getting Certified The American Petroleum Institute (API) has launched a program to certify pipeline inspectors. Oil & Gas 360® spoke with an API media spokesperson who answered questions about the program. OAG360®: What is the specific prerequisite education and/or experience/job title a person needs to achieve this certification? API: The qualification requirements for the API 1169 Pipeline Inspector Certification Program
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