Aminex PLC plans to move ahead on its Ruvuma block onshore southern Tanzania near the Mozambican border. The company reported a loss of $3.78 million for 2015. The company noted in its report, “2016 will be the year when Aminex begins to reap rewards from a decade of exploration and development in Tanzania.” Source: […]

Bayou Bridge Pipeline LLC has started commercial operations on its 30-in. OD segment from Nederland, Tex., to Lake Charles, La. Bayou Bridge also completed a successful binding open season for a second 24-in. OD segment of the pipeline from Lake Charles to St. James, La. Source: News

Ecuador’s state-owned Petroecuador has restarted its 110,000-b/d Esmeraldas refinery following a precautionary shutdown of the plant in the wake of an Apr. 16 earthquake in the region. Source: News

The New York State Department of Environmental Conservation (DEC) denied a water-quality certificate required for construction of the proposed Constitution natural gas pipeline, saying it failed to meet the Empire State’s water-quality standards. Source: News

Light, sweet crude prices for June delivery gained half a dollar on the New York market Apr. 22 to close out the week at just below $44/bbl, marking the highest settlement since Nov. 10, 2015. For the week, both US benchmark crude oil in New York and Brent crude oil futures in London each gained […]

Railroads and pipelines may have grabbed more petroleum transportation headlines the past few years, but the US maritime system needs attention too. Source: News

The scenario anticipated for months of steady oil demand growth and falling supply from producers outside the Organization of Petroleum Exporting Countries is now taking shape, and the “oil market looks set to move close to balance in the second half of this year,” the International Energy Agency said in its latest Oil Market Report. […]