Canada's largest pipeline company Enbridge Inc said on Thursday its 300,000 barrel per day Southern Access Extension pipeline from Flanagan to Patoka, Illinois , is now expected to be in service late in 2015. The new in-service date is later than previously announced. In July Marathon Petroleum Corp said it expected Southern Access to be in service by mid-2015.

Offshore Oil Wells, Ports Shut as Hurricane Sally Advances on U.S. Gulf

Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S.

Opedal Tapped for Top Spot at Equinor

The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre…

Webinar: Floating Production Forecasts & Analysis

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering…

MOL Makes 13th Discovery in Pakistan

Hungarian oil company MOL has made a gas and condensate discovery at its TAL Block in Pakistan, marking its 13th successful…

Steelwind Monopile Foundations for Parkwind's Baltic Sea Wind Farm

German construction company Steelwind will build monopile foundations for Parkwind's the Arcadis Ost 1 offshore wind farm in the Baltic Sea…

Wave of N. American Oil and Gas Bankruptcies to Continue at $40 Oil

A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a…

Japan's JERA Books Hefty One-off Losses on 2019/20 LNG Supplies

Japan's JERA, the world's biggest buyer of liquefied natural gas (LNG), booked tens of billions of yen in estimated one-off…

China: BP, ENN Sign 300,000t a Year Gas Supply Deal

British oil major BP has signed a gas supply agreement with China's ENN Group (ENN) for the supply of 300,000 tonnes per…

Japan's LNG Investments Drive Faces Risk of Souring

Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but…

DNV GL: Oil Demand, CO2 Emissions Probably Peaked in 2019

Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both…

Saudi Oil Price Hike Throws Asian Lifeline to U.S. Shale

Saudi Arabia's decision to jack up the price of its July exports to Asia may have opened the door for U.S. crude oil producers…

Shell Weighs Sale of $2B-plus Share in Queensland LNG

Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland…