Mexico's Energy Regulatory Commission, known by its Spanish acronym CRE, has granted the country's first permit to a private company, Invex, for the transportation of refined products in a pipeline. CRE sees this as the first step in enhancing the efficiency of the domestic fuel market.
A consortium of pipeline giants Energy Transfer Partners (ETP), Magellan Midstream Partners (MMP), MPLX and the Delek Group will construct a multibillion dollar 966-km oil pipeline carrying Permian Basin oil to Houston on the Texas coast.
In a precautionary move designed to give Saudi Arabia more oil export options in the unlikely event that Iran closes down the Strait of Hormuz at the mouth of the Persian Gulf, the government of Prince Salman in Saudi Arabia intends to build an alternative pipeline from its borders through the Yemeni district of Al Mahrah to the Arabian Sea.
Seeing no viable way to continue its operations in Iran without being severely penalized by US President Donald Trump's renewed sanctions, French oil giant Total has opted to sell its stake in Iran's South Pars Gas Development to China's state-owned energy company CNPC and head home.
Confidence in the case for gas is growing, according to a survey by DNV GL, the technical advisor to the industry. The vast majority (86%) of the 813 senior industry professionals surveyed agree that gas - the least carbon-intensive fossil fuel - will play an increasingly important role in the global energy mix over the next decade, up from 77% last year.
Liderroll has achieved a major victory in the United States: US authorities have granted the definitive patent in the country for a special invention that will change the parameters of tunnel construction. This patent will give exclusivity to Liderroll to manufacture and install concave supports in tunnels made by tunnel boring machines (TBM).
After decades of political and legal wrangling the five littoral states to the Caspian Sea have agreed to the Convention on the Legal Status of the Caspian Sea, clarifying maritime borders and granting each state sovereign rights to the sea.
Baker Hughes, a GE company, has broken ground on a new European Customer Solutions Center (CSC) for its Inspection Technologies (IT) business, one of the world's leading providers of non-destructive testing (NDT). The CSC will be housed on IT’s existing Wunstorf, Germany site and will be the flagship CSC for European customers and partners.
A record number of gas pipelines are being built for the surging Mexican power market, the recipient of abundant gas supplies from the Permian Basin across the border in the United States. Indeed the volume of gas exports has tripled in the past ten years. Presently 4.9 billion cu ft per day are exported to Mexico.
Canadian energy infrastructure operator TransCanada Corporation has awarded a contract to a joint venture made up of Spiecapag Canada Corp, a VINCI subsidiary and operational leader, and Macro Pipelines Inc. to build two sections of gas pipeline in the province of Vancouver, British Columbia.
Despite the fact that Baker Hughes just recently joined the General Electric group, the financially struggling American company publicly announced its intention to separate from Baker Hughes in the next two or three years.
The Organization of Oil-producing Countries (OPEC) tries to convince Russia to a closer cooperation. For this reason, Saudi Arabia proposed granting Russia observer status. A Russian representative confirmed the offer to the press: "This option exists and is under consideration. We are currently studying this question carefully," said the confidant of Russian President Vladimir Putin.
NDT Global, supplier of ultrasonic pipeline inspection robotics and integrity services solutions, today announced the appointment of Mr. Richard Matthews as the President of NDT Global.
The Interstate Natural Gas Association of America (INGAA) has issued an updated 2016 infrastructure report which depicts the massive changes in store for energy infrastructure in the United States and Canada. INGAA Foundation President Don Santa says "while we are now in the midst of a remarkable expansion of the pipeline network ... there will remain a need for new pipeline infrastructure.
Australia is embarking on a major $140 million infrastructure project, building a gas processing facility and a 60-km pipeline for the growing domestic market. It will connect Senex’s Atlas gas field in the Surat Basin in south-east Queensland to Jemena’s existing Darling Downs pipeline and Australia’s largest single gas hub – the Wallumbilla gas hub.