Crude oil pipeline news

Shell has said it plans to shut-in different portions of its Louisiana Zydeco pipeline system for maintenance for three to four days starting 24 September, says Reuters.

Based on projects currently underway, EIA expect that new pipeline capacity will deliver crude oil and natural gas from the Permian region to demand centres and alleviate transportation constraints.

Oil deliveries via pipelines and tankers hit 7.46 million t last month, according to figures released on Tuesday 20 August, 2024, by the GACC.

bp puts forward two scenarios for oil demand in 2025.

Brent rises on bullish US inventories, war zone tensions: Rystad Energy's oil macro market update.

High impact exploration has seen average discovery sizes decline year on year from nearly 500 million boe in 2019 to 220 million boe in 2023 whilst overall finding costs have gone up by a factor of six in the same period.

Oil and gas contracts market sees 37% decline in value during 1Q24, reveals GlobalData.

Stronger for longer: Oil demand to grow in the mid-term, future trajectory depends on clean tech and policy.

The United States produced more crude oil than any nation at any time, for the past six years in a row, according to the Energy Information Administration (EIA).

DAPL won’t be shut down after environmental review, says Energy Transfer (Reuters reports).