Uganda, Tanzania, Oil Firms Sign Accords to Build $3.5 Billion Pipeline

Uganda, a landlocked east African nation, needs the pipeline to transport the crude to international markets.

LM Energy Launches Touchdown Binding Open Season in Permian Basin

The proposed extension of the system will gather crude oil from origination points in Eddy and Lea Counties, New Mexico and deliver to destination points also in Eddy and Lea Counties, New Mexico. 

Shares of Oil Producers Tied to Dakota Access Pipeline Rise

Shares of North Dakota oil producers Oasis Petroleum, Continental Resources and Enerplus were trading higher after the U.S. Army Corps of Engineers said it would allow the Dakota Access pipeline to run.

Saudi Aramco Signs $12.4 Billion Pipeline Deal with EIG-led Consortium

The EIG-led group signed a lease and lease-back agreement with Aramco, acquiring the equity stake in the newly formed Aramco Oil Pipelines Co.

US Army Corps to Allow Dakota Access Pipeline to Stay Open During Review

The move leaves the decision on shutting down the pipeline with the U.S. District Court of the District of Columbia.

US LNG Exports Set to Fall to Six-Week Low on Corpus Christi Maintenance

Analysts said it was normal for LNG plants and gas pipelines supplying them to shut for maintenance in the spring when demand is low.

Fate of Dakota Access Pipeline to be Decided at Court Hearing

The market has been increasingly worried about a possible shutdown of the Dakota Access pipeline, which ships up to 570,000 barrels of North Dakota's crude oil production to the U.S. Midwest and Gulf Coast.

Buckeye Partners Buys Stake in US Renewable Energy Developer with New Partnership

The acquisition a majority stake in Swift Current Energy is being made as part of a new strategic partnership between Buckeye and Nala Renewables.

Oil and Gas Investor Eagle Ford Natural Gas: Texas Gas to Mexico

While U.S. natural gas demand was mostly flat in 2020, Mexico’s grew. And it came from Texas. The outlook is that Mexico will be ordering more, including from the Eagle Ford’s underdeveloped gas fairway.

Phillips 66 Partners Cancels Rockies, Bakken Oil Pipeline Project

The roughly $1.6 billion project, which was proposed to support oil production growth in the Rockies and the Bakken shale regions, had been put on hold more than a year ago.