Pipelines

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Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday

By Shariq Khan Colonial crews still searching for source of suspected gasoline leak in Georgia Line 1 outage duration on par with Colonial shutdown in 2021 due to cyberattack Market impact limited by high stockpiles, refinery output NEW YORK, Jan 15 (Reuters) – Colonial Pipeline’s main U.S. gasoline artery is expected to remain shut through …

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Colonial Pipeline Shuts Main Gasoline Artery After Potential Gasoline Spill

(Reuters) – Colonial Pipeline, the largest U.S. fuel pipeline operator, said on Tuesday that the main artery moving gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday night due to a potential spill in Paulding County, Georgia. Line 1 was temporarily shut as operator Colonial Pipeline responds to a …

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Canada’s Reality: Trump’s Tariffs Are Coming and Will Include Oil, Alberta Premier Warns

Province’s leader met with president-elect at Mar-a-Lago Ottawa shouldn’t make ‘empty’ threats to curb exports: Smith Canadians should be prepared to face US tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned after meeting the president-elect in Florida. The conservative leader of Canada’s main oil-producing province met with Trump at his …

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Nord Stream 2 AG Gets More Time for Debt Restructuring

MOSCOW, Jan 9 (Reuters) – A court in Switzerland has extended the deadline for Nord Stream 2 AG, a unit of Russia’s Gazprom (GAZP.MM), to restructure its debts to May 9 from Jan. 10, according to a court ruling. It also said that Swiss-registered Nord Stream 2 AG, the operator of the undersea gas pipeline …

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Phillips 66 to Buy EPIC NGL for $2.2 Bln in Bid to Boost Permian Presence

 U.S. oil refiner Phillips 66 said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to expand its Permian presence. The U.S. shale industry has witnessed a record-breaking wave of dealmaking in the recent past, as energy companies have rushed …

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‘Great Deal’: Trudeau Conservative Rival Pierre Poilievre Makes Canadian Energy Pitch to Trump – “We Can Both Win”

Poilievre says he would ramp up LNG, electricity for US needs Trump has complained about oil-fueled trade gap with Canada Since winning the US election, Donald Trump has taunted Canadian Prime Minister Justin Trudeau by calling him governor of a 51st US state, threatened 25% tariffs, and vented that the US is getting ripped off by its northern neighbor because …

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US Issues Fresh Sanctions Related to Nord Stream 2 Pipeline

(Reuters) – The United States issued fresh sanctions on Wednesday on several Russia-based entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, including new measures against the operator of the project. The U.S. State Department said in a statement that it was re-imposing sanctions on a number of entities …

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Phillips 66 to Sell stake in Texas Pipeline for $865 Mln

Dec 16 (Reuters) – Phillips 66 said on Monday it would sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million, setting the U.S. refiner on course to exceed its asset sale target. Despite a fall in refining profits, Phillips 66 has opted to …

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Enbridge Reports 265,000-Litre Oil Spill in Wisconsin

EDMONTON — Calgary-based pipeline giant Enbridge says it has cleaned up about 60 per cent of a nearly 265,000-litre oil spill in Wisconsin that was discovered last month. Enbridge says the spill was discovered by an employee conducting a visual inspection of its Line 6 at the Enbridge Cambridge Station, west of Milwaukee, on Nov. …

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BP Seeks Buyers for U.S. Natural Gas Pipeline System Stake, Sources Say

BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said. The British energy company could raise up to $3 billion from the sale, two of the people said, with one of them adding that BP may sell up to a 49% stake in …

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