Killajoules

Myanmar Section of the Myanmar-China Oil Pipeline starts trial operation
On January 30, the Myanmar section of the Myanmar-China Oil Pipeline jointly invested and built by CNPC and Myanmar Oil and Gas Enterprise (MOGE) was put into trial operation, and the Port of Maday Island was officially opened.

Enbridge and Energy Transfer Join to Provide Crude Oil Pipeline Access to Eastern Gulf Coast Market
Enbridge Inc. (NYSE:ENB) (TSX:ENB) and Energy Transfer announced today that they have entered into an agreement on the terms for the joint development of a project to provide crude oil pipeline access to the eastern Gulf Coast refinery market from the Patoka, Illinois hub.

Pembina Pipeline Corporation Announces Moving Forward with $250 Million Phase 2 Crude Oil and Condensate Pipeline Expansion
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that it has reached its contractual threshold to proceed with its previously announced plans to significantly expand its crude oil and condensate throughput capacity on its Peace Pipeline by 55,000 barrels per day ("bpd") (the "Phase 2 LVP Expansion").

Pembina Pipeline Corporation to Expand its NGL and Crude and Condensate Pipeline Transportation Capacity
Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) today announced plans to significantly expand its natural gas liquids ("NGL") and crude oil and condensate throughput capacity on its Peace and Northern Pipeline Systems by an additional 108,000 barrels per day ("bpd").

Trans Mountain Expansion Receives Strong Binding Commercial Support
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced it will proceed with its proposed plans to expand the existing Trans Mountain pipeline system following the receipt of strong binding commitments through the recently concluded open season. A diverse group of existing and new shippers submitted 660,000 barrels per day (bpd) of binding commercial support for the open season. All commitments are for a 20-year term. When completed, the proposed expansion will increase capacity on Trans Mountain from the existing capacity of 300,000 bpd to 850,000 bpd.

Canacol Energy Ltd. and ExxonMobil Sign Agreement for Shale Oil Exploration Project in Colombia
Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE) (BVC:CNEC) is pleased to announce that its wholly owned subsidiary, Carrao Energy Sucursal Colombia (“Carrao Colombia”), has entered into a farm-out agreement (the “FOA”) with ExxonMobil Exploration Colombia Limited, a wholly-owned subsidiary of ExxonMobil Corporation (“ExxonMobil”) (NYSE:XOM) for the exploration of the Corporation’s non-operated VMM 2 exploration and production (“E&P”) contract located in the Middle Magdalena basin of Colombia. The VMM 2 E&P contract is one of three adjacent contracts that Canacol has interests in, representing 126,000 net acres that expose Canacol to a potentially large, unconventional shale oil play. With $ 91 million in cash, cash equivalents, and restricted cash on hand as of December 31, 2011, and strong cash flow from its operated oil producing assets in Colombia, the Corporation remains fully funded to execute its exploration and development programs for 2012.

The First Kilometer of Polar Region - Purpe Pipeline welded
TRANSNEFT JSC began building of the Polar Region - Purpe oil pipeline, as the Company's official representative reported. According to him, the first kilometer of the new oil pipeline was welded on March, the 19th. "At present, we reached the welding capacity of 300 meters per day", - he said.

TransCanada Set to Re-Apply for Keystone XL Permit Proceeding with Gulf Coast Project
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) announced today it has sent a letter to the U.S. Department of State (DOS) informing the Department the company plans to file a Presidential Permit application (cross border permit) in the near future for the Keystone XL Project from the U.S./Canada border in Montana to Steele City, Nebraska. TransCanada would supplement that application with an alternative route in Nebraska as soon as that route is selected.

TRANSNEFT plans ESPO-2’s start up in December 2012
TRANSNEFT JSC is planning to commission the second line of the East Siberia – Pacific Ocean oil pipeline (ESPO-2) in December, as A.Bezverkhov (the Vice-President of the oil pipe monopoly) said while his business visit to the Khabarovsk Region. The construction and assembling works will be finished in the third quarter of the current year, and the exploitation will be started in December, he declared. According to the Company’s estimations, the pipes would be filled with oil as early as the middle of the summer of the present year.

South Sudan and Kenya sign MoU on construction of oil pipeline
The Republic of South Sudan and the Republic of Kenya have signed a Memorandum of Understanding (MoU) to build oil pipeline from South Sudan to the Kenyan Port of Lamu. The agreement comes four days after South Sudan passed a resolution in cabinet to shut down the oil operations through the pipeline which passes through Sudan to its sea port of Port Sudan.