EIA: US shale oil output to drop 114,000 b/d in May

Crude oil production in May from the seven major US shale regions is expected to fall 114,000 b/d month-over-month to 4.84 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). Source: News


TransCanada restarts South Dakota crude pipeline

TransCanada Oil Operations Inc. resumed limited operations of a 43.1-mile segment of its Keystone Mainline No. 2 crude oil pipeline near Freeman, SD, on Apr. 10 after shutting it down when a leak was detected on Apr. 2. Source: News


TAPI partners okay $200 million investment

Shareholders of TAPI Pipeline Co. Ltd. have signed an investment agreement covering more than $200 million for the planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Source: News