On May 31 the US-President announced the implementation of a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports from some of the nation’s strongest trade partners – Canada, Mexico and the European Union – drawing the ire of multiple American Industry Associations
The Texas oil industry has recorded a massive production growth in 2017. 3.2 million barrels of oil were produced every day in the Lone Star State, an increase of almost 30 percent over the previous year. Compared to 2016, the increase sums up to even 60 percent.
Intero Integrity Services today announced the launch of its new brand as a service provider to the oil, gas refining and petrochemical industries around the world.
The German gas transmission system operators (TSOs) have submitted their draft for a Gas Network Development Plan in Germany. The document sets out the TSOs’ detailed plans for the future development of the German network to ensure a secure supply of natural gas in the period to 2028.
For the second time in the past few months the Forties Pipeline System (FPS) in the UK has shut down due to the unexpected closure of the feed control valves on the pipeline supplying the Kinneil gas processing plant.
Signaling its preference for Turkish pipeline construction companies to build the new 970-km Kirkuk - Ceyhan export oil pipeline, the Iraqi central government appealed last week for Turkish companies to participate in the pipeline project. Project finance will be along the lines of a Build-Operate-Transfer (BOT) model, which will mitigate risk for the cash-strapped Iraqi government.
Making headway on an idea that has been discussed for at least a decade, Russia and Pakistan have reached a preliminary agreement to build a multibillion dollar offshore pipeline for the transport of Iranian gas to Pakistan and possibly to India.
While the agreement has yet to codified in an official written document, observers believe this will soon happen.
In the first oil deal of its kind since Iraqi forces re-established control over Kirkuk in the northern part of the country earlier this year, Iraq has agreed to swap 60,000 barrels of oil per day for Iranian oil. The oil will be delivered by tanker truck to the border area of Kermanshah, where Iran has a refinery. Iran will deliver an equal amount of oil to Iraq's southern ports in Basra.
In yet another effort to enhance European energy security by diversifying sources away from Russia, a consortium of countries including Cyprus, Italy, Greece and Israel will build an 1900 km gas pipeline from the Levantine Basin in the eastern Mediterranean to Greece and Italy in 2025.
A new study appointed by Honeywell shows that most industrial companies are not adopting their cyber security measures to protect their data and operations, although cyber attacks have increased around the globe.
The Australian Pipelines & Gas Association has published an updated version of its Code of Environmental Practice for Onshore Pipelines.
Since the first release back in 1998 three revisions of the Code were published by APGA.
NDT Global are proud to share the results of the Kimberlite International Oilfield Research* 2017 Pipeline report, which highlights operators internationally ranking NDT Global as the industry leader in ultrasonic tool technology.
At its last meeting in September 2017, the Supervisory Board of Open Grid Europe decided to appoint Dr Frank Reiners as CFO of Open Grid Europe GmbH. He will assume his position on 1st February 2018.
Canada's mega $15 billion Energy East pipeline project, which would have carried 1.1 million barrels of tar sands oil per day from Alberta to Canada's east coast for export, is being scrapped by TransCanada due to more stringent environmental regulations imposed by the Trudeau government.
A Duesseldorf Higher Regional Court said last week that it will not honour a request by Polish energy company PGniG and its German subsidiary to block Gazprom from increasing its use of the Opal pipeline in eastern Germany.