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Released October 02, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
Alberta Announces Plans for New Oil Pipeline - Alberta announced on Wednesday that by the spring of 2026 it will submit an application for a new crude oil pipeline for fast-track approval by the federal government, even without a private company to build the project. Canada's main oil-producing province said it will act as the formal proponent for the proposal, taking the lead on early planning and engineering work aimed at determining the route, size and cost of a pipeline. Alberta's government said the proposed pipeline could carry up to 1 million barrels per day (BBL/d) of crude oil to British Columbia's northwest coast for export. It will invest C$14 million (US$10 million) to develop a credible proposal for federal consideration, and will work with Canadian pipeline companies that have agreed to provide advice and technical support. (Reuters)
CRUDE OIL
Venezuela's Oil Exports Surpass 1 Million BBL/d for First Time Since 2020 - Venezuela's oil exports averaged 1.09 million BBL/d in September, the highest monthly level since February 2020, according to shipping data and documents from state-run energy company PDVSA (Caracas). The September average stood 13% above the previous month and was up 39% from a year ago. (Reuters)
REFINING
Phillips 66 to Book $100 Million in Charges for Los Angeles Refinery Closure - Phillips 66 (Houston, Texas) expects to book about $100 million of charges to idle its 139,000-BBL/d Los Angeles-area refinery, which will cease operations by year-end, the company said on Wednesday. The refinery received its last waterborne oil shipment on September 30. The refinery's final processing date is expected to be in mid-October. Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Plant Database can click here for the related plant profiles. (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
PIPELINES
Alberta Announces Plans for New Oil Pipeline - Alberta announced on Wednesday that by the spring of 2026 it will submit an application for a new crude oil pipeline for fast-track approval by the federal government, even without a private company to build the project. Canada's main oil-producing province said it will act as the formal proponent for the proposal, taking the lead on early planning and engineering work aimed at determining the route, size and cost of a pipeline. Alberta's government said the proposed pipeline could carry up to 1 million barrels per day (BBL/d) of crude oil to British Columbia's northwest coast for export. It will invest C$14 million (US$10 million) to develop a credible proposal for federal consideration, and will work with Canadian pipeline companies that have agreed to provide advice and technical support. (Reuters)
CRUDE OIL
Venezuela's Oil Exports Surpass 1 Million BBL/d for First Time Since 2020 - Venezuela's oil exports averaged 1.09 million BBL/d in September, the highest monthly level since February 2020, according to shipping data and documents from state-run energy company PDVSA (Caracas). The September average stood 13% above the previous month and was up 39% from a year ago. (Reuters)
REFINING
Phillips 66 to Book $100 Million in Charges for Los Angeles Refinery Closure - Phillips 66 (Houston, Texas) expects to book about $100 million of charges to idle its 139,000-BBL/d Los Angeles-area refinery, which will cease operations by year-end, the company said on Wednesday. The refinery received its last waterborne oil shipment on September 30. The refinery's final processing date is expected to be in mid-October. Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Plant Database can click here for the related plant profiles. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
