Pipeline Business

Nigeria oil industry concept on flag (copyright by Adobe Stock/Антон Медведев)
Nigeria oil industry concept on flag (copyright by Adobe Stock/Антон Медведев)

Nigerian National Petroleum Corporation's Call to Pipeliners - a Big Opportunity

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.

Hydrogen backbone (copyright by Ontras)
Hydrogen backbone (copyright by Ontras)

Eleven Gas Giants to Move on Bringing Hydrogen to Europe

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.

Oil refinery industrial plant at night (copyright by Adobe Stock/TTstudio)
Oil refinery industrial plant at night (copyright by Adobe Stock/TTstudio)

$457 Million Premium Paid for Bringing China's Pipeline Network Under One Roof

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).  

View of the sea and the end of a pipeline from inside of a pipeline (copyright by Adobe Stock/Luka)
View of the sea and the end of a pipeline from inside of a pipeline (copyright by Adobe Stock/Luka)

US Energy Companies Abandon Atlantic Coast Pipeline

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."

 African pipelines in the sunrise (copyright by Shutterstock/Kodda)
African pipelines in the sunrise (copyright by Shutterstock/Kodda)

Nigeria Commences Biggest Pipeline Project in Its History

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).

MOL Group headquarters (copyright by Shutterstock)
MOL Group headquarters (copyright by Shutterstock)

Hungary's MOL Joins Turkstream

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.

 pipeline bridge  (copyright by Adobe Stock/Cardaf)
pipeline bridge (copyright by Adobe Stock/Cardaf)

Harvest Midstream Company Announces the Completion of the New Ingleside Pipeline

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.

 Abu Dhabi, United Arab Emirates (copyright by Adobe Stock/Sergii Figurnyi)
Abu Dhabi, United Arab Emirates (copyright by Adobe Stock/Sergii Figurnyi)

A Record $20.7 Billion Offered for Adnoc's Midstream Pipeline Assets

"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.

A Red Pin on Guyana of the World Map (copyright by Shutterstock/hyotographics)
A Red Pin on Guyana of the World Map (copyright by Shutterstock/hyotographics)

Despite Minor Setback Exxon Mobil Still Intends to Build Subsea Pipeline

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.

City Business District, Johannesburg (copyright by Shutterstock/Nataly Reinch)
City Business District, Johannesburg (copyright by Shutterstock/Nataly Reinch)

Transnet is Growing Tired of all of the Product Thievery at Its Pipelines

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.

Gazprom logo on sky background (copyright by Adobe Stock/Alexey Novikov)
Gazprom logo on sky background (copyright by Adobe Stock/Alexey Novikov)

Gazprom Wants More Money For Its Gas Shipped to Poland

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.

View of pipeline in northern Alaska (copyright by Adobe Stock/reisegraf)
View of pipeline in northern Alaska (copyright by Adobe Stock/reisegraf)

Low Pipeline Utilization in Midstream USA

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.