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Are we back to fundamentals as oil prices tank further?

Oilholics Synonymous Report

Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd. And if that wasn't bearish enough, media reports, led by The Washington Post , also suggested on Tuesday that Israel may not attack Iran's oil facilities as feared.

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

On March 29, 2018, the United States Court of Appeals for the Third Circuit issued its ruling in In re: Petition of Frescati Shipping Co., ATHOS I had its genesis in a 2004 vessel allision and oil spill on the Delaware River between New Jersey and Pennsylvania. as Owner of the M/T ATHOS I , Nos. 16-3552, 16-3867 & 16-3868 (3d Cir.

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A Look Back on 2024

Energy Transfer

anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. Energy Transfer has been a partner of the Rangers since 2018. In a deal valued at $7.3

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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S energy security, and oil prices. [7] energy security, and oil prices. [7] Canada border was substantially completed before the end of 2020.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S Canada border was substantially completed before the end of 2020. November 8, 2018). [11] Constitution. Background. Gulf Coast. 112-78, 125 Stat.