Some of the largest pipeline operators in the U.S. have started to offer sweeter deals for crude oil shipment to producers as the midstream sector vies to curb its losses and keep its relevance amid the oil demand and production decline. Pipeline companies, including Magellan Midstream Partners, Enterprise Product Partners, and Energy Transfer, have cut
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The Dakota Access oil pipeline will continue operating at least until the end of the year when a federal court will be ready to rule on a lawsuit demanding that the pipeline be shut down. December 2020 is the earliest time the court will be able to make a decision after reviewing all relevant documentation,
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Energy Transfer LP expects to have expanded capacity available on its embattled Dakota Access crude oil pipeline by the third quarter of next year, it said on Tuesday in a presentation to investors, Reuters reported. The Dallas-based pipeline operator plans to roughly double the amount of crude oil that can flow through the 570,000-barrel-per-day Dakota
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Energy Transfer is not emptying or shutting down the Dakota Access Pipeline and is using all legal ways to fight the court order from Monday that would shut down the oil pipeline by August 5. On Monday, a federal judge ruled that the Dakota Access Pipeline (DAPL), in operation since 2017, must be emptied and
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Several major upcoming pipeline projects have been delayed due to adverse market conditions. The global oil and gas industry has been hit hard by the fall in oil and gas prices, demand destruction, and a weak global economic outlook, primarily due to the Covid-19 pandemic. The oil and gas pipelines segment is no exception, with
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Energy Transfer LP has announced that it will take over development of the Lake Charles LNG export project following Shell’s announcement that it has decided not to proceed with an equity investment in the project. Shell advised Energy Transfer that its decision was made in light of current market conditions. Energy Transfer will take over
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The operator of the Dakota Access Pipeline is planning to expand capacity without adding more pipeline. The plans include new pumping stations in three states. North Dakota produced 1.39 million barrels of oil per day in April. The record was 1.4 million barrels per day in January. The operator of the Dakota Access Pipeline is
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