Pipeline Business

Entrance to the Uniper headquarter in Dusseldorf, Germany (© Shutterstock/nitpicker)
Entrance to the Uniper headquarter in Dusseldorf, Germany (© Shutterstock/nitpicker)

Germany To Nationalize The Country's Largest Gas Importer

Germany has begun to nationalize gas importer Uniper in the wake of an energy crisis that has left the government of Europe's top economy with few other options to keep its industry going.

Germany is set to buy Fortum's (FORTUM.HE) 78% stake in Uniper and inject a further 8 billion euros ($8 billion US) into the energy group that is expected to give Berlin a stake of more than 90%.

Close-up on the pipes of a oil refinery (© Shutterstock/Oaklizm)
Close-up on the pipes of a oil refinery (© Shutterstock/Oaklizm)

Three German Refineries Affiliated With Russian Rosneft Under Trusteeship

To strengthen security of supply and to ensure the continued operations of oil refineries in Schwedt an der Oder, Rosneft MiRo and Bayernoil, Neustadt an der Donau, the German government has placed these three refineries under trusteeship as it seeks to manage and attenuate the impact of the ongoing energy crisis.

Map of West Africa (© Shutterstock/Peter Hermes Furian)
Map of West Africa (© Shutterstock/Peter Hermes Furian)

The Proposed Nigeria-Morocco Pipeline Could Provide Gas to Europe

The Nigerian National Petroleum Company and Morocco’s National Office of Hydrocarbons and Mines, on Thursday, September 15, 2022, signed an MoU for a long-delayed gas pipeline proposal that will link the two countries, opening a possibility for a new energy supply path for West Africa and Europe.

Flag of Oman (© Shutterstock/patrice6000)
Flag of Oman (© Shutterstock/patrice6000)

Oman's OQ Settles On BofA for $800 Million Gas Pipeline IPO

Oman energy firm settled on Bank Muscat and Bank of America Corp. to advise the initial public offering of its gas pipeline units as the sultanate kickstarts its privatization program, people familiar with the matter disclosed.

A Red Pin on Kazakhstan on the World Map (© Shutterstock/hyotographics)
A Red Pin on Kazakhstan on the World Map (© Shutterstock/hyotographics)

Kazakhstan Sells More Than 100 Exploration and Development Licenses for Gas and Oil Block

Kazakhstan's oil and gas exploration scene is gradually changing, with more than 100 tracks up for bids, with 23 exclusively reserved for two state-run companies.

European Union flag infront of the European Commission (© Shutterstock/symbiot)
European Union flag infront of the European Commission (© Shutterstock/symbiot)

EU Ponders A Future Sans Russian Pipeline Gas

German Chancellor Olaf Scholz raised hopes last week when he championed the construction of a gas pipeline connecting the Spanish and French gas grids.  Scholz said such a pipeline would help wean Europe away from its reliance on Russian energy.

Africa from space [courtesy of NASA] (© Shutterstock/Capitano Footage)
Africa from space [courtesy of NASA] (© Shutterstock/Capitano Footage)

Central African Countries Champion 6500-km Of New Pipeline Construction

Central African countries, including Equatorial Guinea, Cameroon, Gabon, Chad, Angola, Democratic Republic of Congo and Congo Republic, have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km (4,000 miles), storage depots, LNG terminals, at least three refineries and gas-fired power plants linking 11 countries by 2030, according to project docum

East Timor on the map (© Shutterstock/hyotographics)
East Timor on the map (© Shutterstock/hyotographics)

East Timor Urges Australia to Back the Long-stalled Gas Pipeline Project

East Timor president Jose Ramos-Horta On Wednesday, September 7, 2020, expressed confidence in Indonesia, South Korea, Japan, and China as potential investors in the long-delayed gas project in the waters between East Timor and Australia, Reuters reported.

Speaking at the national press club in Canberra, Timor pointed out the project as vital to the country's future.

A pile of 100 US Dollar bills (© Shutterstock/RomanR)
A pile of 100 US Dollar bills (© Shutterstock/RomanR)

EQT Corp Announces a $5.2 Billion Acquisition Deal to Expand Pipeline Reach

Pittsburgh-based EQT Corp on Tuesday September 6 announced its intentions to acquire Tug Hill and pipeline company XcL Midstream in West Virginia along with its operations for $5.2 Billion. If the deal goes as planned, the founder and CEO of Tug Hill and XcL Midstream, Wil VanLoh, will be joining EQT's board of directors.

A long view of Abu Dhabi, United Arab Emirates (© Shutterstock/Riyaskkl)
A long view of Abu Dhabi, United Arab Emirates (© Shutterstock/Riyaskkl)

ADNOC Awards Abu Dhabi’s NPCC a $548 Million Contract to Build a New Gas Pipeline

The Abu Dhabi National Oil Company (ADNOC) awarded a $548 million (AED 2.01 billion) contract to Abu Dhabi-based National Petroleum Construction Company (NPCC), WAM reported on Monday, September 5, 2022.

USA-Mexico pipeline (© Shutterstock/max.ku)
USA-Mexico pipeline (© Shutterstock/max.ku)

US-based EPGN and Mexico’s Grupo Clisa to Collaborate on the Yuma II Gas Pipeline Project

US-based gas pipeline EPGN has plans to strengthen the US-Mexico relationship by collaborating with Mexico’s Grupo Clisa in the new Yuma II gas project. The project aims to bolster the available gas supply in Sonora and Baja, California.

YPF sign at a gas station (© Shutterstock/Instrumenta)
YPF sign at a gas station (© Shutterstock/Instrumenta)

Argentina's YPF and Petronas Sign An Agreement for Key Gas Pipeline and LNG Plant

Argentina's state-owned oil company YPF on September 1, 2022, signed a deal with Malaysia's counterpart, Petronas, to build a gas pipeline to transport fuel and a massive liquefied natural gas (LNG) plant.

Global Pipeline Community to Meet Again in Berlin in May 2023
Global Pipeline Community to Meet Again in Berlin in May 2023

Global Pipeline Community to Meet Again in Berlin in May 2023

After two years of online Pipeline Technology Conference (ptc) and a hybrid event, ptc 2023 will once again emphasize face-to-face networking. From 8-11 May 2023, participants from all over the world will again travel to Berlin for the Pipeline Technology Conference and exhibition. About two-thirds of ptc visitors come from abroad.