Enbridge Advances Mainline Expansion as Canadian Exports Fill System
Enbridge (ENB) has reached a final investment decision (FID) on its $1.4B Mainline Optimization Phase 1 (MLO1) project. The initiative…
Crude
Enbridge FIDs Mainline Expansion, Expanding Canada’s Reach into US Crude Market
Enbridge has reached FID on its $1.4B Mainline Optimization Phase 1 project. The initiative will add 150 Mb/d of capacity…
SM Energy-Civitas Merger Creates Top 10 US Oil Producer
SM Energy (SM) and Civitas Resources (CIVI) will merge in a $12.8B deal including debt, creating a formidable E&P company…
Rare Cushing Premium Prompts Pipeline Volume Surge
In June and July, Basin Pipeline’s deliveries to Cushing, OK and Wichita Falls, TX reached levels not seen since November…
Competition Heats Up to Ship Refined Products West
Phillips 66 (PSX) and Kinder Morgan (KMI) have launched an open season for the Western Gateway Pipeline, the latest salvo…
California Gold Rush: Companies Vie to Ship Refined Products West
Phillips 66 and Kinder Morgan have launched an open season for the Western Gateway Pipeline, the latest proposal in an…
Basin Pipeline Volumes Surge on Cushing Premium
In June and July, Basin Pipeline’s deliveries to Cushing, OK and Wichita Falls, TX reached levels not seen since November…
Phillips 66 Doubles Down on Refining in $1.4B Cenovus Deal
Phillips 66 will acquire the remaining 50% stake in WRB Refining from Cenovus Energy for $1.4B, giving it full ownership of…
Permian Oil Near a Peak? Indicators Suggest Delaware Has Room to Run
Industry consensus expects Permian Basin oil supply to flatten and begin rolling over, driven by a significant reduction in active…
ET, FourPoint to Expand Uinta Crude Terminal
Rigs: The total US rig count decreased during the week of Oct. 12 to 516. Infrastructure: FourPoint Resources has reached…