Enbridge Inc. has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters on July 17.
Blue Mountain plans to construct an initial crude system consisting of approximately 50 miles of gathering pipelines with two downstream interconnections providing anchor shipper Roan Resources with direct access to the Cushing market.
“The signal abroad, that Mexico does not respect contracts is very tough, especially when the economy is not going well and you need investors,” said Gonzalo Monroy, an energy analyst.
Canadian producers and pipeline operators continue to face serious business challenges. The Canadian Energy Pipeline Association is far from ready to throw in the towel. Here's why.
The open season is to solicit additional shipper commitments for transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Illinois and Texas.
Longhorn Midstream also provides a business update on its Touchdown Crude Oil and Gas Gathering Systems located within the Permian Basin.
Meritage Midstream’s project will facilitate transportation of NGL from two processing plants located in Campbell and Converse counties in Wyoming within the Powder River Basin.
Source says that Rosneft production is off 11% in the first 8 days compared to the June average.
A Wood Mackenzie analyst sees another pipeline bottleneck facing oil producers in the Permian Basin by the end of the next decade.
SemGroup owns 51% of White Cliffs Pipeline and is the operator. DCP owns 100% of Wattenberg Pipeline and 66%of Southern Hills Pipeline, and is the operator of both pipelines.
