Oil Sands

Judge Orders Keystone XL Pipeline Review In Setback For Trump

A federal judge in Montana on Aug. 15 ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL crude oil pipeline, a move that could delay the project and prove a setback for the Trump administration.  For more than a decade, environmentalists, trib ...

Diamondback Energy’s Rattler Midstream Files IPO

As takeaway capacity continues to constrict Permian Basin oil producers, Diamondback Energy Inc. (NASDAQ: FANG) is looking to its own means to move crude out by pushing its midstream assets into the public spotlight through an IPO. In early August, Diamondback subsidiary Rattler Midstream filed regu ...

FERC Approves Transco Expansion Project

Williams announced Aug. 13 that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Rivervale South to Market project—an expansion of the existing Transco natural gas pipeline to meet the growing heating and power generation ...

Q&A: Today’s Midstream Issues

What are your assumptions on the proposed pipelines (Line 3 replacement, Trans Mountain expansion and Keystone XL)? What will be the impact of each pipeline on LH differential and other western Canada crude? The midstream implications are that through 2025, we see only the Line 3 expansion program, ...

Mexico could take multiple paths toward energy self-sufficiency: Fuel for Thought

Mexico President-elect Andres Manuel Lopez Obrador has planned sweeping changes to the country’s energy landscape. Among the key goals of the incoming administration is to make Mexico self-sufficient when it comes to its energy needs, including meeting its rising motor fuel demand. A capstone to ...

Tech Talk for Monday August 13th 2018

  WALL STREET RAW RADIO – SATURDAY, AUGUST 11, 2018 WITH YOUR HOST, MARK LEIBOVIT GUESTS INCLUDE: DON VIALOUX, HENRY WEINGARTEN, JIM ROHRBACH AND SINCLAIR NOE https://tinyurl.com/ychzndm2   The Bottom Line The summer swoon in North American equity markets continued last week. Seasonal influenc ...

Russia-led Nord Stream 2 Seeks New Route To Avoid Danish Waters

The Russia-led Nord Stream 2 consortium said on Aug. 10 it has applied to Denmark for an alternative gas pipeline route through the Baltic Sea that would avoid the Nordic state's territorial waters. Denmark is facing a dilemma on whether the project can be built near its Baltic coast and its parliam ...

ExxonMobil Joins Kinder Morgan, EagleClaw, Apache On Permian Highway Pipeline Project

Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan Inc. (NYSE: KMI), EagleClaw Midstream Ventures LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, and Apache Corp. (NYSE: APA) said Aug. 9 that Exxon Mobil Corp. (NYSE: XOM) has signed a letter of intent to supp ...

Will Myanmar become a conduit for Iranian crude into China?

On June 1, sometime between the US withdrawal from the JCPOA in early May, and its demand in late June that Asian buyers fully halt Iranian oil purchases, PetroChina snuck in a shipment of Iranian crude through Myanmar to its Yunnan Petrochemical refinery in southern China. On any other route, this ...

CPPIB and Caisse Expand Asian Logistics?

Benefits Canada reports, CPPIB invests in Korean logistics facilities:The Canada Pension Plan Investment Board is partnering with a subsidiary of ESR, a pan-Asian logistics real estate platform, to invest about $653 million in Korean logistics facilities.Within the investment vehicle, which will ...