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Corporate Protection Pipeline: Court Denies Economic Damages Based on Robins Dry Dock

The Energy Law

On October 30, 2023, the U.S. Claimants sought damages for alleged pipeline damage caused by the SEACOR POWER as well as economic damages from deferred oil production. Ownership, in either case, can be determined through possession or control, responsibility for repair, and responsibility for maintenance. 303 (1927).

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023. Permian to Cushing pipeline flows are tracking 100,000 barrels per day higher year-over-year for the first quarter, Irwin said. Gulf Coast pressured that market lower. A 10% tariff by the U.S. refinery utilization stood at 85.6%

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APIKUR Pushes for Agreement to Resume Kurdistan Oil Exports

Iraq Business News: Oil & Gas

Representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) member companies met with officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) on March 6 to discuss the resumption of oil exports through the Iraq-Trkiye Pipeline. Additional meetings are required to finalize agreements.

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BSEE’s Updated Decommissioning Rules Address RUEs and Formalize Predecessor Enforcement Practices

The Energy Law

When BSEE issues an order to predecessors, it requires them to monitor, maintain, and decommission all wells, pipelines, and facilities to minimize safety hazards, environmental harm, and interference with navigation or other uses of the OCS. 23569 (April 18, 2023). The new regulations take effect on May 18, 2023.