Pipeline Business

Oil production in Libya (copyright by Shutterstock/Max Sky)
Oil production in Libya (copyright by Shutterstock/Max Sky)

Libya's Pipeline Infrastructure Showing Years of Neglect

Libya's long-standing neglected pipeline infrastructure sprang a leak this week when an aging 32-inch pipeline carrying crude from the Al-Samah oilfield to the Es Sider port burst, and some of the oilfield’s production may need to be shut in.

Digital cyberspace and digital data network (copyright by Shutterstock/KanawatTH)
Digital cyberspace and digital data network (copyright by Shutterstock/KanawatTH)

Yet Another Pipeline Company Targeted By Cyber Criminals

It seems the recent breach of Colonial Pipeline and the subsequent shutting down of gas distribution along much of the eastern seaboard of the United States was not an isolated event in the pipeline industry.  70 Gigabytes of LineStar Integrity Services' internal files were compromised by ransomware by the so-called Xing Team and posted onto the Dark Web.  LineStar is a Houston-based company th

TC Energy logo at the head office in Calgary, Canada (copyright by Shutterstock/Brett Holmes)
TC Energy logo at the head office in Calgary, Canada (copyright by Shutterstock/Brett Holmes)

Long Delayed $9 bln Keystone XL Pipeline Project Has Been Cancelled By TC Energy Corp

On Wednesday, it was officially announced by its promoters TC Energy Corp behind the long delayed $9 billion Keystone XL Pipeline Project that it had been cancelled. This pipeline project, if completed, would have enabled the transportation of Albertan  tar sands to a Nebraskan pipeline hub, before onward transport by existing pipelines to Gulf coast refineries in Texas.

Federal Energy Regulatory Commission (FERC) Headquarters in Washington, DC (copyright by Shutterstock/Mark Van Scyoc)
Federal Energy Regulatory Commission (FERC) Headquarters in Washington, DC (copyright by Shutterstock/Mark Van Scyoc)

Approval of the Gulf Run Pipeline Granted By FERC

Oklahoma-based, pipeline operator and developer Enable Midstream Partners, announced on June 2, that it had gained FERC ( Federal Energy Regulatory Commission) approval to construct and operate a new pipeline, named the Gulf Run Pipeline. Approval was granted under section 7C of the National Gas Act.

Logo of Canadian oil infrastructure company Inter Pipeline on screen in front of web page (copyright by Shutterstock/logo of Canadian oil infrastructure company Inter Pipeline on screen in front of web page)
Logo of Canadian oil infrastructure company Inter Pipeline on screen in front of web page (copyright by Shutterstock/logo of Canadian oil infrastructure company Inter Pipeline on screen in front of web page)

Hostile Bid Raised By Brookfield For Inter Pipeline

A bidding war has started for the acquisition of Calgary-based Inter Pipeline Ltd. On Wednesday 2 June, Brookfield Infrastructure Partners made a C$8.48 billion ($7.02 billion) hostile bid for Inter Pipeline Ltd. This latest offer valued Inter Pipeline Ltd shares at C$19.75 which is C$3.25 above the previous bid by Pembina Pipeline Corporation.

The flag of the USA (copyright by Shutterstock/Graeme Dawes)
The flag of the USA (copyright by Shutterstock/Graeme Dawes)

The Feds Put U.S. Pipeline Operators On Notice: Minimize Natural Gas Releases

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has submitted an advisory bulletin to the Federal Register underscoring to pipeline and facility operators requirements to minimize methane gas emissions in the Protecting Our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act of 2020.

Sign of Kinder Morgan at Company headquarters in Houston, US (copyright by Shutterstock/JHVEPhoto)
Sign of Kinder Morgan at Company headquarters in Houston, US (copyright by Shutterstock/JHVEPhoto)

Pipeline Operator Kinder Morgan To Spend $1.23 bln To Buy Stagecoach Gas Services

Houston based energy exporter and pipeline operator Kinder Morgan Inc, recently announced that it intends to buy New England regional gas storage and distributor Stagecoach Gas Services LLC, for the sum of $1.23 billion. At present, Stagecoach Gas Services is a joint venture between Consolidated Edison Inc and Crestwood Equity Partners Ltd partnership.

Strait of Hormuz on a map (copyright by Shutterstock/Jarretera)
Strait of Hormuz on a map (copyright by Shutterstock/Jarretera)

New Iranian Pipeline Skirting Troubled Strait Of Hormuz

This week Iran’s Energy Ministry announced that it had begun to transmit crude oil along the recently completed Goreh-Jask pipeline, which links oil fields near the Iraqi border with the Gulf of Oman port of Jack, thereby bypassing the Strait of Hormuz.

Hydrogen molecules (copyright by Shutterstock/Anusorn Nakdee)
Hydrogen molecules (copyright by Shutterstock/Anusorn Nakdee)

Hydrogen Innovation Center Launched In Italy By Snam

Gas pipeline operator Snam, has initiated establishment of Italy’s first national research centre for hydrogen related technologies. The Hydrogen Innovation Centre will be based at the University of Modena with sister research campuses in Milan and Rome. In time, similar hydrogen innovation centres could be set up elsewhere in Italy to encourage start-ups.

Route of Nord Stream 2 (copyright by Shutterstock/MurzilA)
Route of Nord Stream 2 (copyright by Shutterstock/MurzilA)

Russia Sees Light At The End Of The Nord Stream 2 Tunnel

Russian Deputy Prime Minister Alexander Novak said yesterday that Nord Stream 2 is almost complete with a mere 100-km left to build, according to TASS.

"We hope that construction works on Nord Stream 2 will be completed by the end of this year," Novak told reporters of progress on the pipeline, which will allow Russia to ship more gas to Western Europe, while bypassing Ukraine.

German Federal Minister of the Economy, Peter Altmaier, presenting the German National Hydrogen Strategie (copyright by BMWi/Susanne Eriksson)
German Federal Minister of the Economy, Peter Altmaier, presenting the German National Hydrogen Strategie (copyright by BMWi/Susanne Eriksson)

Germany Aims To Be No 1 in Next Generation Hydrogen Technologies

"We want to be Number 1 in the world with Hydrogen Technologies," says the German Federal Minister of the Economy, Peter Altmaier.

Flag of Myanmar (copyright by Shutterstock/esfera)
Flag of Myanmar (copyright by Shutterstock/esfera)

Offshore Natural Gas Pipeline In Myanmar Caught In The Country's Geopolitical Thicket

Chevron's recently assembled activist Board of Directors  is moving the oil giant to suspend payments from a gas joint venture involving an offshore gas pipeline in the Yadana fields in southwest Myanmar that would have reached Myanmar's military junta.  French energy major Total has joined Chevron in shutting down the money flows to the junta.

Judge's gavel on the table (copyright by Shutterstock/FabrikaSimf)
Judge's gavel on the table (copyright by Shutterstock/FabrikaSimf)

Oil Giants Reel From Landmark Court Case And Activist Shareholders

In a judgement reverberating through the world of petroleum companies and their suppliers, a court in the Netherlands has ruled that Shell must cut its CO2 emissions by 45% compared to 2019 levels, legally obliging for the first time a company to align its policies with the Paris climate accords.

The flag of Poland in the sky (copyright by Adobe Stock/FOTOWAWA)
The flag of Poland in the sky (copyright by Adobe Stock/FOTOWAWA)

Poland Sees Nord Stream 2 As Geopolitical Threat

In the wake of the Biden administration's decision to waive sanctions on Nord Stream 2's parent company, Nord Stream AG, Poland has come out strongly against the U.S. move, saying the completion of Nord Stream 2 would threaten energy security in central and eastern Europe.

The Pioneering Spirit laying the pipeline in Swedish waters (copyright by Nord Stream 2/Axel Schmidt)
The Pioneering Spirit laying the pipeline in Swedish waters (copyright by Nord Stream 2/Axel Schmidt)

The Biden Administration's Muddle Of Nord Stream 2 Policy

The Biden administration, in a move nobody anticipated, will lift sanctions on Nord Stream AG, the company based in Switzerland and currently building the Nord Stream 2 gas pipeline between Russia and Germany.  Sanctions will also be waived against Matthias Warnig, CEO of Nord Stream and ally of Russian president Vladimir Putin.