Transportation








Asia

North America

Transportation

Plains buys stake in EPIC Crude for $1.6 billion in oil pipeline deal

Plains All American Pipeline, Plains GP Holdings and Diamondback Energy announced on Tuesday that they had agreed to purchase a 55% share in the pipeline operator EPIC Crude Holdings. The deal is valued at $1.57 billion including debt. Sources familiar with the situation said that the owners were seeking a buyer for the pipeline in August. EPIC Crude, one of the largest pipelines in the United States, transports oil from the Permian shale and Eagle Ford basins of Texas. The facility has a daily capacity of 600,000. It can be expanded to 1,000,000 bpd. There are also around 7 million...

Transportation

A Canadian energy executive is tasked with accelerating project approvals

Canada appointed Dawn Farrell, a senior executive in the energy industry on Friday as head of a new office that will expedite the approval and review of natural resource projects like mines and pipelines. This process can take up to a decade. The office was announced by the Prime Minister Mark Carney earlier this year. He said that streamlining would boost the gross domestic product, and offset the impact of U.S. Tariffs. Farrell and her team, which includes Farrell who served as CEO of Trans Mountain Pipeline between 2022 and 2024, will identify projects that are in the national interest,...

Transportation

Prices of oil fall due to demand concerns, but are still heading for a weekly gain

The oil prices dropped on Friday, but they are expected to rise for the week. This is due to the expectation of lower demand, as the summer ends in the United States - the largest consumer of oil - and the uncertainty over the Russian supply. Brent crude futures expiring on Friday fell by 53 cents (0.8%) to $68.09, while the contract that is more active for November dropped 48 cents (0.7%) to $67.50. West Texas Intermediate crude futures (WTI) were down 51 cents or 0.8% at $64.09. Brent is expected to gain 0.6% per week, while WTI will rise...

Transportation

US FAA to close satellite offices Washington

The U.S. Federal Aviation Administration (FAA) plans to cancel the leases of its satellite offices located in the Washington, D.C. area. It will consolidate operations and move headquarters staff into the building housing the U.S. Transportation Department. FAA Administrator Bryan Bedford stated in an email previously unseen by staff that this move would improve the collaboration. Bedford wrote, "We'll work more efficiently together than if we were spread out over six different offices." This will reduce operating costs significantly and improve collaboration. Bedford announced that the dates of the office moves will be finalized soon. USDOT announced on Tuesday that...

Ground Freight

White House dismisses Surface Transportation Board member who regulates railroads

A White House spokesman confirmed that Robert Primus was fired as a Surface Transportation Board member. He did not agree with the agenda of U.S. president Donald Trump, the spokesman added. White House spokesperson Kush Desai stated that Robert Primus was fired from his post because he did not agree with President Donald Trump's America First agenda. The Administration plans to nominate in a short time new members who are more qualified to the Surface Transportation Board. Trump is purging bureaucrats from agencies that are not in line with his agenda. The railway regulators are evaluating the proposed $85 billion...

Transportation

Sources: Dos Bocas refinery in Mexico is offline due to a power outage

By Shariq Khan August 27th - Mexico's 340,000-barrel-per-day Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar with the matter told . One source said that the refinery (also known as the Olmeca refinery) will try to restart its units on Thursday. Pemex, the Mexican state-owned energy company, did not respond when contacted for comment. Olmeca, Mexico's latest refinery, has increased operations in the last few months, after years of delays and spiraling startup costs. However, it is still far from reaching its full capacity. According to the latest official...

Natural Gas Pipeline

Sources say that Harvest Midstream, Jeff Hildebrand’s company, has agreed to purchase some MPLX assets for $1 billion.

People familiar with the situation said that Harvest Midstream, which is owned by the founders of Hilcorp Energy and privately held, has reached an agreement to purchase natural gas gathering assets worth around $1 billion from MPLX. Houston-based Harvest has midstream assets across multiple oil and natural gas plays. This includes the Bakken Shale in North Dakota and Alaska. The company was founded by Jeff Hildebrand who is also the owner of Hilcorp, the largest private oil & gas company in the United States. According to the sources, Harvest will be able to expand into the Uinta shale basin, as...

Transportation

Oil prices steady as investors focus on Ukraine war and US tariffs against India

The oil prices were stable on Wednesday after they had fallen in the previous session. Investors weighed the new U.S. duties on India, which is the third largest crude consumer in the world. Brent crude futures increased 1 cent at $67.32 per barrel at 0354 GMT. West Texas Intermediate crude futures (WTI) were up 8 cents to $63.33. After starting the week at a high of two weeks, both contracts dropped over 2% by Tuesday. Vandana Insights, a provider of oil market analyses, said that there is a lot of uncertainty about how to resolve the Ukraine crisis, and this...

Transportation

Trump's actions to demolish the US wind and Solar energy industries

U.S. president Donald Trump used his second term at the White House as a means to stymie the development of wind and sun energy facilities, which were an important part of former president Joe Biden's energy and climate agenda. This is the timeline of his administration's actions to halt federal funding for clean energy projects. January 20, 2019 Trump suspended new wind energy leasing and permitting on federal lands, waters and pending federal review. This was a significant shift in U.S. Energy Policy, which had under Biden been focused on the decarbonization of the U.S. Electricity Grid by 2035. April...

Transportation

US consolidates USDOT IT systems and moves FAA staff to USDOT headquarters

According to a memo obtained by the, the U.S. Transportation Department announced on Tuesday that it would move Federal Aviation Administration Headquarters staff out of their current Washington building and consolidate other agency systems and IT. The FAA Headquarters staff will move into the building that houses the U.S. Transportation Department's headquarters in Washington. The Department also announced that it would begin retiring legacy systems, while embracing new technologies, as it strives to "streamline processes, consolidate administration functions, and modernize infrastructure in order to better serve American citizens." The FAA or USDOT didn't immediately respond to questions about how many...

Passenger Transportation Services

US cancels another $175 Million in California High-Speed Rail Projects

After canceling $4 billion of federal grants in July for California's ambitious, but long-delayed, high-speed railway project, the U.S. Transportation Department announced on Tuesday that it will cancel $175 million of funding for four projects. The Trump administration announced Tuesday that it would withdraw funding from grade separations, overcrossings, design work, and the construction of a high-speed train station in Madera. California sued in July to contest the withdrawal of funds, calling it illegal. The USDOT has threatened to revoke $33 million of safety funding to California after it claimed that the state was not following federal regulations requiring truckers...

Transportation

UN Post agency: 25 States suspend US shipments

The U.N. agency in charge of the postal service said that 25 member countries have suspended consignments from the United States due to uncertainty following President Donald Trump’s administration's decision to scrap a rule on customs taxes that exempted small parcels from duty. The Universal Postal Union (UPU), a Swiss-based agency that promotes cooperation between the postal services of its member countries, has said they conveyed their concern about disruption to Secretary of States Marco Rubio in a letter on 25 August 2025. The statement did not mention any specific countries, although Australia and Norway as well as Switzerland have...

Europe

Transportation

As supply worries are stoked by tensions between Russia and Ukraine, oil prices rise

The price of oil rose on Tuesday, as fears about disruptions in supply grew due to an escalation in the conflict between Russia & Ukraine. Brent crude rose 40 cents or 0.59% to $68.55 per barrel at 0149 GMT. U.S. West Texas intermediate crude was up $1.05 or 1.64%, and it was $65.06 per barrel. Due to Labor Day in the U.S., WTI futures didn't settle on Monday. According to calculations, recent Ukrainian drone attacks have shut down facilities that account for at least 17% or 1.1 millions barrels of oil processing capacity in Russia. After weeks of increased attacks...

Transportation

As supply worries are stoked by tensions between Russia and Ukraine, oil prices rise

Early Tuesday morning, oil prices in Asia rose as fears about disruptions to supply grew due to an escalation in the conflict between Russia & Ukraine. Brent crude rose 20 cents or 0.29% to $68.35 a bar by 0039 GMT. U.S. West Texas intermediate crude was $64.82 a bar, up 81cents or 1.27%. Due to Labor Day in the U.S., WTI futures didn't settle on Monday. According to calculations, recent Ukrainian drone attacks have shut down facilities that account for at least 17% or 1.1 millions barrels of oil processing capacity in Russia. After weeks of increased attacks on Russian...

Transport Infrastructure

CPC reports that two of three oil moorings it has are operational

The difference between Brent and Urals crudes dated on Monday was stable, while Caspian Pipeline Consortium said that two of their three oil moorings were now operational. CPC, which transports about 1.5% global oil, has announced that it has brought back one of its Black Sea docking points after maintenance to offset the risk of export restrictions. CPC announced late last week that it had shut down the second oil mooring due to an oil leak, limiting terminal export capacity to only one mooring. This mooring is not capable of handling the full export volume. CPC announced that its third...

Western Europe

North Asia

Transportation

Slovak Prime minister Fico will meet Xi and Zelenskiy in the next week

Fico announced on Monday that the Slovak prime minister Robert Fico would hold bilateral meetings this week with Russian President Vladimir Putin and Chinese President Xi Jinping at China's World War Two Anniversary celebrations in Beijing. In a Friday statement, he announced that he would meet Ukrainian President Volodymyr Zelenskiy in the eastern part of Slovakia. Fico has had tense relationships with Zelenskiy, who is the leader of a NATO member and EU country, but opposes Western sanctions against Russia. Fico has also broken ranks with European Allies. In December, he met Putin in Moscow. Fico is the only European...

Transportation

Kremlin: Russia's Gazprom will sign an 'important' deal with China for gas next week

Yuri Ushakov, Kremlin's foreign policy adviser, said that Russian state-owned Gazprom would sign an "important agreement" with Chinese company CNPC during President Vladimir Putin’s visit to China next week. He refused to provide details, but said that there would be at least three documents relating to Gazprom. After losing access to European markets due to Western sanctions imposed in response to Russia’s conflict with Ukraine, Russia wants to increase its oil and gas exports into Asia. According to two industry sources, China is looking to purchase more Russian gas via an existing pipeline because talks between the countries on a...

Transportation

Sources say that the Ust-Luga port in Russia will operate at only half its capacity this September due to pipeline damage.

Two industry sources said that the Ust-Luga oil terminal in Russia will only be able to export 350,000 barrels of oil per day, which is about half its normal capacity, due to damage caused by Ukrainian drones on pipeline infrastructure. This disruption shows that recent Ukrainian attacks on key energy facilities have caused Russian exports to be affected and could lead to supply disruptions. Drone strikes in Russia's Bryansk Region earlier in August caused problems at the Unecha pumping stations. Unecha is an important transit point for crude oil heading to Ust-Luga. The Druzhba Pipeline, which supplies Belarus to Slovakia...

Oil Pipeline

Russia raises August oil export plan after drone strikes disrupt refineries, sources say

Three people with knowledge of the situation said that Russia revised its crude oil export plans from western ports in August by 200,000 barrels a day (bpd). This was due to the fact that Ukrainian drone attacks disrupted the refinery operations, allowing more crude to be shipped. Due to the ongoing strikes and changing repair schedules, delays and volume revisions may be expected, they stated. "Attacks continue and repair deadlines vary daily." One person stated that it is unclear how much Russia will be able to load in this month or the next. The final plans for loading Russian oil...

Transportation

Slovak Minister: Russian oil supply to Slovakia could resume today

Denisa Sakova, Slovak Minister of Economy, said that in the best case scenario, Russian oil deliveries to Slovakia via the Druzhba Pipeline, which were interrupted by a Ukrainian attack on Russia last Thursday, could resume as early as Monday. In recent weeks, Russia and Ukraine have intensified their attacks on the energy infrastructure of each other. They have targeted Ukrainian heating supplies as well as Russia's Druzhba Pipeline and other facilities. After a Ukrainian attack on a Russian facility, Slovakia and Hungary announced on Friday that they could suspend their supply of Russian oil for at least five more days....

Transportation

Iran's envoy in Russia, TASS, says that Iran is hoping for a quick start to the gas deliveries by Gazprom via Azerbaijan.

Kazem Jalali, Iran's envoy in Russia, said in comments published on Monday that Iran expects supplies of Russian natural gas through Azerbaijan to begin soon. This is because almost all issues in the negotiations with Gazprom are resolved. We hope that this will happen very soon. "We are currently in negotiations with Gazprom and most issues have been resolved," TASS quoted Jalali. We need to reach a common price. "If that is resolved, everything can be launched." Moscow and Tehran signed an agreement in April for 55 billion cubic meters of Russian gas after Gazprom had signed a 2024 memorandum...

Transportation

What do we know about the Nord Stream explosions?

Italian police has German prosecutors announced on Thursday that they have arrested a Ukrainian suspected of coordinating attacks on Nord Stream's gas pipelines. The arrest marks the first major breakthrough in the investigation into mysterious underwater explosions which occurred in September 2022 on the Baltic Sea. What we know about blasts What is NORD STREAM? Nord Stream System consists of two double pipes, Nord Stream 1 and Nord Stream 2, built by Russia’s state-controlled Gazprom, to deliver up 110 billion cubic meters (bcm), of gas per year across the Baltic Sea, to Germany. Four concrete-coated steel pipes of approximately 1,200...

Transportation

Ukraine's Zelenskiy says Russia struck gas distribution station in Odesa region

Volodymyr Zelenskiy, the Ukrainian president, said that Russia had struck a gas station in Odesa, a region in southern Ukraine. He added that this was a sign of the need to exert economic pressure on Russia, despite the current U.S. effort to end the conflict. Zelenskiy, writing on X, said: "All these strikes are demonstrations that confirm the necessity to exert pressure on Moscow and impose new tariffs and sanctions until diplomacy becomes fully effective." Zelenskiy didn't specify how important a gas station was. Gas supplies to the area were not reported as a problem by local authorities. Ukraine uses...

Oil Pipeline

Slovakia confirms that it will receive oil through the Druzhba Pipeline again

The Druzhba Pipeline is now supplying oil to Slovakia, according to the Slovak Economy Ministry late on Tuesday. This was after a drone strike by Ukraine on a pumping station for oil in Russia's Tambov Region cut off supply. Ukraine has intensified its attacks on Russia's infrastructure for energy, which is a major source of revenue for the Kremlin, as oil and gas sales account for about a quarter (or more) of Russia's state budget. Contrary to most European Union nations, Slovakia and Hungary neighbours have maintained their dependency on Russian energy. They get the majority of their crude oil...

Transportation

Ukrainian attack cuts off power in Russia's Zaporizhzhia

The Moscow-installed Governor said that a drone attack by Ukraine late Tuesday night knocked out the power in areas of Ukraine's Zaporizhzhia Region under Russian control. Russian forces control more than half of the Zaporizhzhia Region in Ukraine's south-east. Kyiv still controls the main administrative centre of the region, and its attacks have regularly knocked out power in Russian-held regions. In 2022, Russia annexed Zaporizhzhia, as well as Kherson, Donetsk, and Luhansk, in the east of Ukraine, around seven months after it invaded its smaller neighbor. Yevgeny Baltsky, the newly appointed governor of Zaporizhzhia by Moscow, wrote in the Telegram...

Transportation

After the Ukrainian attack, Budapest has said that Russian oil flow to Hungary has been halted.

Hungarian Minister of Foreign Affairs Peter Szijjarto stated on Monday that the Russian crude oil flow to Hungary was halted following an attack by Ukraine on a transformer on the Druzhba Pipeline. The Druzhba Pipeline, which transports Russian crude oil through Belarus and Ukraine and Hungary to Slovakia, is the main route by which Hungary imports its crude oil. Szijjarto posted on Facebook that he spoke to Russian Deputy Minister of Energy Pavel Sorokin, who informed him that experts are working to restore transformer station. However, it is unclear when deliveries will be resumed. Szijjarto said, "This latest attack on...

Transportation

Azerbaijani oil exports through BTC pipeline fell 5.9% year-on-year amid contamination

Azerbaijani statistics showed that Azerbaijan exported 16.2 million tons of oil via the Baku, Tbilisi, and Ceyhan pipelines between January and July, a 5.9% decline from the previous year. The route had been contaminated with contaminated oil. BP operates the Azeri Chirag and Guneshli Oilfields. The BTC pipeline runs through Georgia into Turkey. Exports are down because of a gradual decline in Azerbaijani oil reserves. Last month, organic chloride was detected in Azeri BTC cargoes. This pushed the price differential to its lowest level in four years and delayed loading. Oilfields use organic chloride to increase extraction and it must...