In a document posted on its website this week, the Nigerian National Petroleum Corporation (NNPC) is asking investors to bid to fix pipelines and depots serving its oil refineries on a finance and operate basis.
Last month a group of eleven European gas infrastructure companies from nine EU member states presented a plan for transporting hydrogen throughout Europe. The group says that existing gas infrastructure within the continent can be modified to ship the hydrogen at an affordable cost.
After a long wait of over ten years, Kuwait Integrated Petroleum Industries Co (KIPIC) has begun shipping gas into a feed line leading to the Al-Zour refinery.
Russia's Ministry of Energy has announced that Gazprom and Rosatom have been charged with developing a roadmap in order to produce clean hydrogen by 2024.
Facilitating Beijing's drive to consolidate China's vast pipeline infrastructure, the Politburo - the nexus of all political power in China - has created the China Oil & Gas Pipeline Network (PipeChina).
In an announcement shocking in its implications for interstate pipeline development, Dominion Energy and Duke Energy have canceled their Atlantic Coast Pipeline project, a natural gas pipeline that was to stretch hundreds of miles across West Virginia, Virginia and North Carolina, citing "legal uncertainty."
India's long awaited plan to simplify its gasoline pipeline tariff system has been announced with great fanfare.
Nigeria has begun constructing a $2.8 billion gas pipeline project, the biggest in the country's history. The 614-km long pipeline will run from Ajaokuta to Kano under the auspices of Nigerian National Petroleum Corporation (NNPC).
While Nordstream stutters on its way to Europe, Turkstream is proceeding apace: Hungary's MOL announced last week that it would join the Turkstream pipeline consortium. The regulator approved a 10-year development plan that includes the construction of a new Serbian-Hungarian gas inter-connector, with a capacity of 6 billion cubic meters annually.
Harvest Midstream Company, a privately held midstream services provider based in Houston and operating crude oil and natural gas gathering, storage, transportation, treatment, and terminalling assets across the Lower 48 and Alaska, has announced the completion of the Ingleside Pipeline.
"You can't have your cake and eat it too," goes the old English adage. Yet with a record consortium offer of $20.7 billion for the lucrative midstream pipeline assets of the Abu Dhabi National Oil Company (Adnoc), the Emiratis can be pardoned for believing you can.
Exxon Mobil has succeeded in restoring crude oil production in its upstream project off of Guyana's coast after problems with its gas reinjection equipment, according to Vincent Adams, Head of Guyana's Environmental Protection Agency.
Transnet, a South African diversified rail, port and pipeline company known as the guardian of the country's pipeline assets, said today that since April of this year 26 fuel theft incidents removing over two million liters of petroleum products had been stolen from Transnet's 3000-km pipelines.
From repeated setbacks affecting the further development of Nordstream 2 to slackened Chinese demand affecting the completion of the Power of Siberia, to the $1.5 billion arbitration loss against the Polish PGNiG, Gazprom can be excused for possibly thinking the world has turned against it.
The advent of Covid19, lockdown in lower 48, slack demand, oil price crash and a corresponding slash in capital expenditure have all taken a huge toll on the upstream sector of the US petroleum industry. Many of the companies specializing in shale oil production will not survive in this low price environment.
