Crude oil pipeline news
Reuters: pipeline hackers say their aim is cash, not chaos
Reuters reports that the ransomware gang accused of hacking the Colonial Pipeline is motivated by money.
New Bloomberg report weighs in on US$100/bbl oil debate
Mooted US$100 oil unlikely given abundance of OPEC capacity.
Intoware secures digital contract with Shell
Workflow automation specialist secures contract with Shell Information Technology International BV, following successful trial.
Goreh-Jask pipeline project 70% complete
The progress of the Goreh-Jask crude oil pipeline has reached nearly 70%, and will probably be operational by March 2021.
Nowhere to run
Gordon Cope explores the far-reaching impacts of recent global developments on the oil and gas industries of the Middle East and North Africa.
Break from the bottleneck
Dylan White, Genscape, and John Coleman and Shelby Poncik, Wood Mackenzie, explore the impact of the COVID-19 pandemic on the Canada-to-US supply chain.
Maintaining the free flow of energy
Gordon Cope assesses the impact of recent upheavals on North America’s energy exchange network.
World oil demand expected to plateau just below pre-COVID levels
Global oil demand – currently at 89% pre-COVID levels and rising – expected to level off at 92 – 95% of demand prior to pandemic.
EIA forecasts US crude oil production to fall in 2020 and 2021
The EIA forecasts US crude oil production to fall in 2020 and 2021 as efforts to mitigate the spread of COVID-19 continue to affect demand and prices.
Low prices and demand destruction hit pipeline industry
GlobalData reports on the low prices and depressed demand impacting the global oil and gas pipeline sector.