Abu Dhabi Fund Buys Back Stake in ADNOC Oil Pipelines
Abu Dhabi has flipped its own script of offloading minority stakes in subsidiaries of the Abu Dhabi National Oil Company (ADNOC) to acquire a huge stake in oil pipelines.
Abu Dhabi has flipped its own script of offloading minority stakes in subsidiaries of the Abu Dhabi National Oil Company (ADNOC) to acquire a huge stake in oil pipelines.
China’s support for the fiercely contested East African Crude Oil Pipeline (EACOP) could see the 1,443-km pipeline reach implementation even after Western financiers and insurers backed off amid claims of human rights violations and environmental concerns.
Trans Mountain oil pipeline expansion is on track for completion this month, according to a construction schedule filed with regulators by Trans Mountain Corporation.
The Nigerian National Petroleum Corporation (NNPC) will replace its entire 5,000-kilometer petroleum products pipeline network within three years to ensure the reliability of its supply network.
Turkmenistan and Pakistan reaffirmed their commitment to completing the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project as soon as possible, Trend news agency reported on April 2, citi
Canada's First Nations are increasingly acquiring stakes in energy projects across the country, seeking economic benefits from developments on their traditional territories.
Energy companies, in turn, are looking to Indigenous communities as a source of capital.
The ongoing repairs on the Iraq-Turkey pipeline raise new hopes for the resumption of oil exports from Nothern Iraq through Turkey, Iraq Oil Report explained in a news article published on Monday, April 1, 2024.
Enbridge Inc., a leading North American energy giant on Monday, April 1, announced the closing of the previously announced sale of its 50% interests in the Alliance and its 42.7% interest in Aux Sable pipelines to Pembina Pipeline
Colonial Pipeline announced on Wednesday, March 27, that it would delay the planned shutdown of a small pipeline delivering fuel to North Baltimore from April 1 to May 1, 2024, Reuters reported last Friday.
SLB and ChampionX Corporation today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors.
Energy companies in Argentina and Brazil are exploring ways to reverse the flow of a natural gas pipeline network currently sending Bolivian gas southwards.
As reported by Reuters on Monday, April 1, the shift aims to address a regional gas deficit and Brazil's growing dependence on volatile liquefied natural gas (LNG) prices.
Iraq's Oil Pipelines Company has completed the first phase of rehabilitating a key natural gas pipeline, the Ministry of Oil announced.
Brazil is exploring ways to import natural gas from Argentina's Vaca Muerta shale formation, including a potential reversal of a pipeline currently used for Bolivian gas, Mines and Energy Minister Alexandre Silveira said Thursday, March 21.
Iraqi oil ministry has partially blamed foreign oil companies as well as the Iraqi Kurdish authorities for the delayed reopening of the Iraq-Turkey Crude Oil Pipeline for their failure to submit contracts for revision following a court ruling