NEW YORK Oil prices ended Tuesday little changed after paring gains of about 1% following a speech from U.S. President Donald Trump that offered few new details about Washington's trade talks with Beijing.
NEW YORK TC Energy Corp has completed repairs and restarted the Keystone oil pipeline at a 20% pressure reduction after spilling more than 9,000 barrels in North Dakota two weeks ago, a U.S. regulator said on Tuesday.
The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC Energy Corp would monitor the line closely.
NEW YORK TC Energy Corp estimates the Keystone oil pipeline can be partially restarted anytime from Sunday to Tuesday, pending regulatory approval, after a more than 9,000-barrel leak in rural North Dakota, shippers on the line said on Thursday.
NEW YORK Energy Transfer LP said on Thursday discussions with potential shippers to build an offshore crude export facility in Texas capable of handling supertankers were progressing on schedule, with the project expected to be in service by late 2022 or early 2023.
GENEVA/NEW YORK The booming U.S. oil sector has created new, local hedging opportunities for U.S producers who for decades relied heavily on well-established global futures like U.S. West Texas Intermediate (WTI) and Europe's Brent crude.
NEW YORK, Nov 7 Energy Transfer LP said on
Thursday discussions with potential shippers to build an
offshore crude export facility in Texas capable of handling
supertankers were progressing on schedule, with the project
expected to be in service by late 2022 or early 2023.
GENEVA/NEW YORK, Nov 7 The booming U.S. oil
sector is seeing a surge in hedging by producers against drops
in regional crude prices to protect revenues from oil sold out
of Midland, Texas, or delivered to terminals in Houston after
relying for decades on global benchmarks.
A U.S. regulator on Tuesday ordered that a segment of the Keystone pipeline that spilled more than 9,000 barrels of crude in rural North Dakota remain shut until operator TC Energy submits a restart and return-to-service plan because of the hazards posed.
NEW YORK Plains All American Pipeline LP said on Tuesday it expects to begin construction on the Wink-to-Webster Permian crude pipeline by the end of the year and is targeting bringing the line to service by early 2021.