Canada approves $5.5bn oil pipeline

Trans Mountain: Canada approves $5.5bn oil pipeline project Canada has approved the Trans Mountain expansion project after a federal court sent it back for review last summer. The decision could pose a challenge for PM Justin Trudeau as he heads into an election season likely to be fought in part over climate issues. His federal […]

Shell Lifts Force Majeure Raising Nigeria’s Crude Output by 226,000bpd

Ejiofor Alike in Lagos and Chineme Okafor in Abuja with agency report Nigeria’s crude oil output is expected to rise by 226,000 barrels per day, as the Shell Petroleum Development Company (SPDC) has lifted the force majeure declared on exports of Bonny Light, Nigeria’s reference crude oil grade. This follows the completion of repairs of […]

Shell shuts African pipeline

Elisha Bala-Gbogbo and Paul Burkhardt Abuja – Royal Dutch Shell shut the Trans Niger oil pipeline after a fire, threatening to worsen a drop in Nigerian output due to unplanned disruptions. The line can transport about 180 000 barrels a day to the Bonny Export Terminal in the Niger Delta was halted Tuesday due to […]

Libya's NOC calls for end to blockade of western oil pipelines

Protests by the southern branch of the Petroleum Facilities Guard (PFG) that shut the pipelines had cost $27 billion in lost production. Libya’s National Oil Corporation (NOC) called on Monday for the reopening of pipelines from major oil fields in the south west of the country. Last week the NOC said it would restart exports […]