• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 2 days Even Shell Agrees with Climate Change!
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 9 days America should go after China but it should be done in a wise way.
  • 5 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 4 days World could get rid of Putin and Russia but nobody is bold enough
  • 7 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Petrobras Plans Dividend Squeeze To Fund Transition to Renewables

Petrobras Plans Dividend Squeeze To Fund Transition to Renewables

Brazil’s state-owned energy heavyweight Petrobras…

TC Energy Restarts Keystone Pipeline Section

TC Energy has restarted a segment of the Keystone oil pipeline that was not affected by the leak that caused the shutdown of the piece of infrastructure earlier this month.

“TC Energy has communicated with its regulators and customers about today’s restart of the Keystone Pipeline System sections unaffected by the Milepost 14 Incident. This restart facilitates safe transportation of the energy that customers and North Americans rely on. This section extends from Hardisty, Alberta, to Wood River/Patoka, Illinois,” the pipeline operator said in an emailed statement.

TC Energy shut down Keystone on December 8 following the detection of a leak into a creek in Kansas, near the border with Nebraska where the pipeline splits into two branches. Later the size of the leak was calculated at some 14,000 barrels of crude and it had spread downstream before being contained, which happened later the same week.

In the meantime, TC Energy continues to investigate the leak and repair the affected section, the company also said in its statement. “This segment will not be restarted until it is safe to do so and when we have regulatory approval from PHMSA,” it said.

The company still has no timeline for the full restart of the pipeline and has not made public the cause of the leak.

The Keystone pipeline, running across 2,687 miles from Alberta’s oil sands country to the U.S. Midwest is a key piece of oil infrastructure with a capacity of over 600,000 barrels daily. It carries Canadian crude to refiners in Illinois, Oklahoma, and Texas, as well as the Gulf Coast.

The pipeline shutdown pushed oil prices higher although the rise was mitigated by a massive build in U.S. oil inventories, as estimated by the Energy Information Administration. At 10.2 million barrels, the build was one of the largest this year.

By Charles Kennedy for Oilprice.com


More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News