Oil Pipeline

Riyadh has increased its use of the East-West pipeline since the start of the Middle East war to bypass the closure of the strait of HormuzSaudi authorities said Friday drones launched from Iraq led to the temporary closure of a crucial oil export route used to bypass the lockdown of the strait of Hormuz.Riyadh has increased its use of the East-West pipeline, which links Abqaiq, near the Gulf, to the port of Yanbu on the Red Sea, since the start of the Middle East war to bypass strait of Hormuz closed by Iran. Continue reading...

State sought to stop system off coast of Santa Barbara from resuming operations after Trump ordered its reopening A controversial oil pipeline can continue to operate off the California coast after a judge gave it the greenlight this week, despite the opposition of state regulators and environmental groups.The system off the coast of Santa Barbara resumed operations earlier this year for the first time in more than a decade after Donald Trump ordered Sable Offshore Corporation to reopen it, citing US energy needs during the war in Iran. It had been closed since 2015 when a burst pipe caused one of California’s worst oil spills, and its reopening was supposed to be governed by a federal consent decree. Continue reading...

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’Canada has temporarily avoided a bruising 50% US tariff, reaching a Tuesday evening agreement with Trump officials, hours before a hike that would have affected $20bn worth of goods was set to take effect.Trump posted late Tuesday on social media that he had paused the tariffs for three days “based on the fact that Canada and the USA, subject to the finalization of documents, have a DEAL!” Continue reading...

Proposed legal settlement over 2022 oil spill would resolve allegations that South Bow violated clean water lawsA proposed legal settlement with the US government would require the Keystone pipeline system’s operator to pay a $26.9m civil penalty over a large oil spill in Kansas in December 2022 and spend about $40m more to prevent future accidents.The agreement would resolve allegations from the US Environmental Protection Agency (EPA) and Kansas that South Bow, based in Canada, violated US and state clean water laws. The rupture dumped nearly 13,000 barrels of heavy crude oil into a creek running through a rural pasture in Washington county, Kansas, about 150 miles (241km) north-west of Kansas City. Continue reading...

State oil company fast-tracks previously undisclosed project, which is expected to double export capacityBusiness live – latest updatesThe United Arab Emirates has announced it will complete a new oil pipeline bypassing the strait of Hormuz by next year to secure its future crude exports against the threat of disruption.The current blockade of the vital waterway, through which 20% of oil and seaborne gas flowed before the Iran war, is approaching the 11-week mark, sending energy prices soaring around the world and throttling Gulf economies. Continue reading...

Attorney general decries ‘outrageous federal overreach’ after government restarted pipeline closed over 2015 spillCalifornia attorney general Rob Bonta said he has sued the US energy department to stop it from using a cold-war era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to California refineries.US energy secretary Chris Wright earlier this month restarted the pipelines using powers granted to him by Donald Trump through an executive order that invoked the Defense Production Act to supersede state laws. Continue reading...

Pipeline, closed since 2015 after huge oil spill, reopens after president cites need to boost US supply amid war on IranOil has begun to flow from a controversial California pipeline for the first time in an over decade following a Trump administration order, despite state officials decrying the move.Sable Offshore Corporation, the Houston-based owner of the coastal pipelines, announced on Monday that offshore oil was now flowing through its Santa Ynez unit and Santa Ynez pipeline system, which runs through several California counties. Continue reading...