India’s BPCL is adjusting its crude sourcing strategy and increasing spot-market purchases as shifting global supply conditions force refiners to rethink procurement plans.
Saudi Arabia is increasing fuel oil use at power plants as tightening natural gas supplies reshape fuel demand and complicate the kingdom’s long-term energy transition plans.
South Bow has secured long-term shipper commitments for its proposed Keystone XL revival project, marking a major milestone as the company weighs a final investment decision.
South Bow says it will not move forward with reviving part of the Keystone XL system until it secures a long-term U.S. permit, underscoring ongoing uncertainty around cross-border pipeline approvals.
Oil from the U.S. Strategic Petroleum Reserve has reached California refineries for the first time, underscoring shifting crude supply routes as global energy markets tighten.
Pakistan is accelerating plans for strategic oil reserves and expanded fuel storage after supply disruptions tied to the Strait of Hormuz highlighted vulnerabilities in the country’s energy infrastructure.
A record drawdown from the U.S. Strategic Petroleum Reserve has pushed emergency crude inventories to their lowest level in nearly two years as global oil supplies tighten amid escalating geopolitical tensions.
North Dakota oil producers are taking a cautious approach to drilling expansion despite higher crude prices tied to the Iran conflict and tighter global supply conditions.
The U.S. Army Corps of Engineers will allow the Dakota Access Pipeline to continue operating under expanded leak detection, monitoring and environmental oversight requirements.
Elevation Midstream launched a binding open season for a proposed DJ Basin crude gathering system connecting Arapahoe County production to delivery points in Weld County, Colorado.
The UAE said its new crude oil pipeline bypassing the Strait of Hormuz is already 50% complete as ADNOC accelerates the project toward a planned 2027 startup.
A new feasibility study is evaluating a proposed deepwater oil pipeline between the UAE and India as regional energy security concerns intensify around the Strait of Hormuz.
The International Energy Agency (IEA) warned global oil inventories are falling rapidly as the Iran conflict and Strait of Hormuz disruption tighten crude supplies worldwide.
Alberta’s proposed Northwest Coast Oil Pipeline aims to expand Canadian crude export capacity to Asia while reigniting debate over Indigenous rights, regulation and long-term market access.
The UAE is accelerating construction of a new Fujairah oil pipeline aimed at sharply increasing export capacity while reducing reliance on the Strait of Hormuz.
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