Supplies of Canadian oil sands heavy crude are increasingly being refined on the US Gulf Coast and could top 1.2 million b/d—a full one third of the region’s heavy oil refining market—by 2020, according to an IHS Markit report. Source: News

Pittsburgh-based Mountain Valley Pipeline proposed a 70-mile extension of the interstate natural gas pipeline to central North Carolina. The MVP Gateway Project would receive gas from the main pipeline in Pittsylvania County, Va., and ship it to Rockingham and Alamance counties, officials said.  Source: News

The Federal Reserve Bank of Kansas City’s first-quarter energy survey showed moderately accelerated growth in energy activity in the Tenth District. Source: News

Worldwide oil supply will suffer nothing because the government of New Zealand, a minor producer, is ending offshore oil and gas licensing. Source: News

With crude oil markets expected to tighten, commercial stocks of the Organization for Economic Cooperation and Development (OECD) will possibly have reached or even fallen below the 5-year average target when such data are available in the next month or so. This is according to the International Energy Agency’s monthly Oil Market Report for April. […]

On Apr. 6, Breitburn Energy Partners, Los Angeles, emerged from Chapter 11 as Maverick Natural Resources LLC, a portfolio company majority owned and controlled by funds and accounts managed by EIG Global Energy Partners.  Source: News

Presidents of the four national oil and gas trade associations that comprise the Natural Gas Council jointly asked the Trump administration to address problems with the implementation of Clean Water Act Section 401, which they said some states are using to stop interstate pipeline construction. Source: News