Crude oil pipeline news
EQT Corporation announces acquisition of Olympus Energy upstream and midstream assets for US$1.8 billion
EQT Corp. has announced that it has entered into an agreement to acquire upstream and midstream assets from Olympus Energy for US$1.8 billion.
Rystad Energy: OPEC+ may raise output if US supply disruptions deepen
Markets respond to US ‘Liberation Day’ and recent OPEC+ meeting.
EIA: China’s crude oil imports decreased compared to record high in 2023
The EIA has reported that China’s crude oil imports decreased in 2024 from their record high in 2023, due to slower oil demand growth.
Reuters: Ecuador government to run heavy crude pipeline for six months
Reuters has reported that Ecuador's government will take over operations of the country's OCP heavy crude oil pipeline for six months until a fresh tender is launched, the nation's energy and mines ministry said on Sunday.
Energy Transfer reports record crude pipeline volumes in Q324
With the addition of new organic growth projects and acquisitions, volumes on Energy Transfer’s assets continued to increase during the Q324.
Wednesday 6 November: Rystad Energy’s oil market update
Victory for Donald Trump in the US election is unlikely to alter the structural tipping points in oil markets for 2025.
ONEOK announces closing of Medallion Midstream acquisition
ONEOK, Inc. has announced the successful completion of its acquisition of Medallion Midstream from Global Infrastructure Partners, for a total cash consideration of approximately US$2.6 billion.
CNRL takes PetroChina’s space on Trans Mountain pipeline
The 20 year contract will boost CNRL’s space on the pipeline by about 75% to roughly 164 000 bpd, according to Bloomberg calculations.
Pin-point precision for pipeline protection
Jun Zhang, Atmos International, considers the growing significance of produced water pipeline leak detection in gathering networks.
EPIC Crude completes issuance of new US$1200 million senior secured Term Loan B
As part of the transaction, the Company has entered into a new agreement for a super-priority revolving credit facility of US$125 million due 2029, undrawn at close.