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Oil Pipeline

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Canada Fast-Tracks Pacific Link Pipeline to Diversify Oil Exports Away from US
energy19 days ago

Canada Fast-Tracks Pacific Link Pipeline to Diversify Oil Exports Away from US

Prime Minister Mark Carney has designated the Pacific Link oil pipeline as a project of national interest, fast-tracking its regulatory approval to reduce Canada's dependence on the US market. The 1,250km pipeline, costing up to C$43.7 billion, aims to export one million barrels per day to Asia, creating 140,000 jobs and boosting GDP by C$30 billion annually, though it faces opposition from Indigenous groups and environmentalists.

via AP News|
#canada#energy#mark-carney
Canada Accelerates Sovereign Space and Energy Infrastructure Amid US Tensions
geopolitics19 days ago

Canada Accelerates Sovereign Space and Energy Infrastructure Amid US Tensions

Amid escalating tensions with the United States, Canada is aggressively pursuing strategic autonomy in space and energy. The government has fast-tracked the Pacific Link oil pipeline to reduce reliance on US markets, while simultaneously backing private firms to develop domestic launch capabilities. These moves aim to diversify exports and secure sovereign access to space, driven by a new national strategy to reduce dependence on American infrastructure and technology.

via Ars Technica|
#canada#geopolitics#infrastructure
Trump Blames Iran for Latest Saudi Pipeline Strikes as Riyadh Halts Key Oil Route
geopolitics1 month ago

Trump Blames Iran for Latest Saudi Pipeline Strikes as Riyadh Halts Key Oil Route

Saudi Arabia has shut down its critical East-West crude oil pipeline following multiple attacks in the Riyadh and Madinah regions, according to the kingdom's Energy Ministry. While Riyadh has not officially attributed the strikes, U.S. President Donald Trump stated that Iran is likely responsible. The shutdown affects a key route used to bypass the Strait of Hormuz, redirecting millions of barrels of crude to the Red Sea. Emergency teams have been deployed to secure the infrastructure, and multiple individuals were injured in the incidents.

via CNN|
#energy-security#geopolitics#houthis
Iraq Dismisses Commander After Saudi Pipeline Drone Attack; Riyadh Holds Retaliation
conflict1 month ago

Iraq Dismisses Commander After Saudi Pipeline Drone Attack; Riyadh Holds Retaliation

Saudi Arabia’s East-West oil pipeline was struck by drones launched from Iraq, causing fires and injuries. Riyadh suspended operations but withheld retaliation at Baghdad’s request. Iraq dismissed a military commander in Maysan province and formed an investigative council. The attack coincides with a major Houthi advance in Yemen, threatening Red Sea shipping routes.

via Al Jazeera|
#conflict#houthis#iraq
Federal Judge Permits Sable Offshore to Pump Oil in California, Stripping State Oversight
energy-and-environment2 months ago

Federal Judge Permits Sable Offshore to Pump Oil in California, Stripping State Oversight

A federal judge ruled that Sable Offshore Corp. can continue pumping oil off Santa Barbara County’s coast under a Trump administration emergency order, transferring regulatory authority from California to federal agencies. While the court fined Sable nearly $1.5 million for violating a prior consent decree, the decision allows the company to operate despite state objections, potentially setting a precedent for federal override of state environmental laws.

via Los Angeles Times|
#california#defense-production-act#energy-and-environment
Canada eyes Asia with new West Coast oil pipeline plan
business3 months ago

Canada eyes Asia with new West Coast oil pipeline plan

Canada says it has secured a deal with British Columbia to build a major oil pipeline from Alberta to the West Coast, aiming to export over 1 million barrels per day to Asian markets and reduce dependence on the United States amid a US–Canada trade war. The plan involves the Trans Mountain Corporation and Pembina Pipeline, with Alberta pushing production growth while BC faces environmental and Indigenous concerns and maintains its northern coast tanker ban. The arrangement follows the Trans Mountain expansion that already shifted a large share of Pacific Coast crude to Asia, part of a broader effort to diversify energy markets beyond the US.

via Al Jazeera|
#asia-markets#business#canada
Canada eyes Asia energy via new west-coast pipeline
world3 months ago

Canada eyes Asia energy via new west-coast pipeline

Canada unveiled plans for a more-than-1,000-km oil pipeline from Alberta to British Columbia to export up to 1 million barrels per day to Asia, part of a broader strategy to reduce dependence on the US. The project would be built by Trans Mountain Corp with Pembina Pipeline, aiming to attract over C$200 billion in direct investments and expand LNG terminals and Vancouver’s port capacity. Led by Prime Minister Mark Carney, the plan signals a shift toward Asian energy markets, though it faces environmental and Indigenous concerns.

via Financial Times|
#asia#canada#mark-carney
politics7 months ago

White House activates emergency powers to restart California offshore oil pipeline

Energy Secretary Chris Wright used the Defense Production Act to approve restarting an offshore California oil pipeline operated by Sable Offshore, framing the move as reducing U.S. reliance on foreign oil and bolstering national security amid Iran-related supply disruptions. California Gov. Gavin Newsom and state regulators have criticized the action as illegal and prepared for legal challenges, highlighting a broad clash between federal authority and California’s coastal drilling oversight.

via Politico|
#california-coast#defense-production-act#energy-security
Hungary bans Ukrainian commander amid tensions over Russian oil pipeline attacks
world1 year ago

Hungary bans Ukrainian commander amid tensions over Russian oil pipeline attacks

Hungary has banned Robert Brovdi, a Hungarian-descended Ukrainian military commander responsible for drone attacks on the Druzhba oil pipeline, citing threats to energy security amid ongoing Ukraine-Russia conflict. The move has sparked diplomatic tensions, with Ukraine condemning Hungary's decision and highlighting the broader geopolitical implications of energy and security interests in the region.

via The Kyiv Independent|
#brovdi#energy-security#hungary
Hungary and Slovakia Call for EU Action After Ukraine Attacks Russian Oil Pipeline
world1 year ago

Hungary and Slovakia Call for EU Action After Ukraine Attacks Russian Oil Pipeline

Hungary and Slovakia have called on the EU to intervene after Ukraine's recent attacks on the Druzhba oil pipeline in Russia, which have disrupted Russian oil supplies to these countries. The attack, which Ukraine has not officially acknowledged, has led to concerns over energy security, but the European Commission states that the EU's oil reserves are sufficient to mitigate any immediate impact.

via Euronews.com|
#eu#hungary#oil-pipeline
Carney predicts high likelihood of new oil pipeline in Canada
business1 year ago

Carney predicts high likelihood of new oil pipeline in Canada

Canadian Prime Minister Mark Carney indicated that a new oil pipeline to the British Columbia coast is highly likely to be designated as a project of national importance, emphasizing the economic benefits and the role of the private sector, alongside support for a C$16.5 billion carbon capture system for Alberta's oil sands, amid recent legislation to expedite resource project approvals.

via Yahoo|
#business#canada#carbon-capture
Magellan Midstream's $18.8B Sale to Oneok Approved by Shareholders
business3 years ago

Magellan Midstream's $18.8B Sale to Oneok Approved by Shareholders

Shareholders of Magellan Midstream have voted to approve the company's $18.8 billion sale to Oneok, an oil pipeline operator. The deal, which combines Oneok's natural gas and NGL shipping capabilities with Magellan Midstream, is expected to close before the market opens on Monday. The approval comes after major proxy advisers recommended shareholders vote in favor of the deal. However, Energy Income Partners, one of Magellan Midstream's largest holders, has opposed the deal, arguing that the premium offered does not justify the tax burden on unitholders.

via Seeking Alpha|
#acquisition#business#magellan-midstream
"Polish Operator Takes Swift Action to Repair Leaking Oil Pipeline from Russia to Europe"
energy3 years ago

"Polish Operator Takes Swift Action to Repair Leaking Oil Pipeline from Russia to Europe"

Poland's oil pipeline operator, PERN, has begun repairs on a pipeline carrying oil from Russia to Germany after detecting a leak near Chodecz. The pipeline is expected to resume normal operations on Tuesday. The Druzhba pipeline stretch transports oil to refineries in Poland, Germany, Hungary, Slovakia, and the Czech Republic. An investigation into the cause of the leak is underway.

via The Associated Press|
#energy#leak#oil-pipeline