Ecopetrol defers Barrancabermeja refinery revamp

State-owned Ecopetrol SA has postponed further activities related to a more than $3-billion project designed to modernize and increase crude processing capacity to 300,000 b/d at its 250,000-b/d Barrancabermeja refinery in Santander, Colombia. Source: News


US rig count hits all-time low in recorded data

The overall weekly US rig count is now at its lowest point in Baker Hughes Inc. data that begins in the 1940s, and perhaps since the infancy of US oil and gas industry in the mid-19th century. Source: News


Veresen Midstream advances Montney processing expansion plans

Cutbank Ridge Partnership (CRP), a venture of Encana Corp. and Mitsubishi Corp. subsidiary Cutbank Dawson Gas Resources Ltd., has approved Veresen Midstream LP’s plan to expand natural gas processing capacity in the Dawson Creek area of northeastern British Columbia’s Montney resource play. Source: News


Construction nears for Hillabee expansion project

Williams Partners LP expects to begin construction in May on its Hillabee natural gas pipeline expansion project, recently approved by the US Federal Energy Regulatory Commission. The first phase of the project is expected to go into service in May 2017. Source: News