News

There's a 'last ugly chapter' for crude oil, and we haven't hit it yet

Commodity investors generally agree that the oil market is coming into balance, but huge stockpiles of fuel and teeming strategic Chinese crude inventories could send prices on one last, ugly slide lower, analysts told CNBC

Three ways 2016 PIPES Act will affect pipeline operators

Three ways 2016 PIPES Act will affect pipeline operators will be aggressive timetable for more regulations and studies, Expansion of federal oversight and Increased fees and costs on pipeline operators.

1 Million USD fine for polluting oil spill

A pipeline oil spill from January 2015 that spilled 31,000 gallons of oil into the Yellowstone River and contaminated Glendive’s water supply in Montana, US. The Montana Department of Environmental Quality (DEQ) announced the civil penalty last week against Bridger Pipeline LLC.

Crude Oil Pipeline in Nigeria Could be Blocked Due to Oil Spill

An oil spill in the Niger Delta hub has caused communities affected by the spill to threaten action to block pipeline access until the state oil producer, NNPC, provides a cleanup of the spill and compensation for those affected within one week.

Construction Of TurkStream Gas Pipeline Reaches Turkish Waters

The first pipeline of the TurkStream gas offshore line reached the Turkish Exclusive Economic Zone (EEZ)