Saudi Aramco awards contracts worth $4.5 billion

November 10, 2017 0

Saudi Aramco said Thursday it will invest close to $4.5 billion in contracts for oil and gas megaprojects aimed at enhancing the company’s energy sustainability, expanding gas production, localizing domestic content and diversifying the Saudi economy, Kallanish Energy reports.

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Enbridge weighs getting involved with Capline reversal

November 3, 2017 0

Canadian pipeline giant Enbridge is looking at becoming a shipper should the owners of the U.S.’s largest crude oil line, the Capline Pipeline, decide to reverse the line to flow crude from Patoka, Ill., south to eastern Gulf Coast refineries.

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