Pipeline Business

Mega-investment: China plans a $78 billion state owned natural gas company (chuyuss / Shutterstock)
Mega-investment: China plans a $78 billion state owned natural gas company (chuyuss / Shutterstock)

Mega investment: China plans a $78 billion state owned natural gas company

China is seeking to revise ownership of its huge gas pipeline network due to the fact that more and more private and industrial customers convert from coal to gas.

U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners
U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners

U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners

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

 Oil boom in Texas causes price distortions (Dabarti CGI / Shutterstock)
Oil boom in Texas causes price distortions (Dabarti CGI / Shutterstock)

Oil boom in Texas causes price distortions

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.

Map of the pipeline network in Germany (FNB Gas)
Map of the pipeline network in Germany (FNB Gas)

German gas TSOs plan to invest €7 billion for natural gas pipelines until 2028

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.

The Grangemouth Oil Raffinery not far from the location of the incident (Copyright by Ineos)
The Grangemouth Oil Raffinery not far from the location of the incident (Copyright by Ineos)

Closure of Forties Pipeline System in the UK Leads to Biggest Industrial Decline Since 2012

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.

Turkish pipeline construction companies likely to get the nod for building a new Kirkuk-Ceyhan connection (ruskpp / Shutterstock)
Turkish pipeline construction companies likely to get the nod for building a new Kirkuk-Ceyhan connection (ruskpp / Shutterstock)

Turkish pipeline construction companies likely to get the nod for building a new Kirkuk-Ceyhan connection

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.

Russia to Finance a Feasibility Study on Building a Multibillion Dollar Gas Pipeline from Iran to Pakistan (Sergey_R / Shutterstock)
Russia to Finance a Feasibility Study on Building a Multibillion Dollar Gas Pipeline from Iran to Pakistan (Sergey_R / Shutterstock)

Russia to Finance a Feasibility Study on Building a Multibillion Dollar Gas Pipeline from Iran to Pakistan

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.

Iraq / Iran Sign Major Oil Swap Deal (Kent Weakley / Shutterstock)
Iraq / Iran Sign Major Oil Swap Deal (Kent Weakley / Shutterstock)

Iraq / Iran Sign Major Oil Swap Deal

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.

More and more oil & gas exploration is conducted in the Mediterranean Sea (Andriy Markov / Shutterstock)
More and more oil & gas exploration is conducted in the Mediterranean Sea (Andriy Markov / Shutterstock)

East Med Pipeline To Boost Europe's Energy Security

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.

Honeywell Survey Shows Low Adoption of Industrial Cyber Security Measures (Sergey Tarasov / Shutterstock)
Honeywell Survey Shows Low Adoption of Industrial Cyber Security Measures (Sergey Tarasov / Shutterstock)

Honeywell Survey Shows Low Adoption of Industrial Cyber Security Measures

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.

Worldwide Survey Reveals NDT Global as Leader for Ultrasonic Pipeline Inspection
Worldwide Survey Reveals NDT Global as Leader for Ultrasonic Pipeline Inspection

Worldwide Survey Reveals NDT Global as Leader for Ultrasonic Pipeline Inspection

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.

Germany's largest TSO appoints Dr. Frank Reiners to the Board of Management
Germany's largest TSO appoints Dr. Frank Reiners to the Board of Management

Germany's largest TSO appoints Dr. Frank Reiners to the Board of Management

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 Multibillion Dollar Pipeline Industry Begins Soul-Searching Conversations On the Future (Sergey_R / Shutterstock)
Canada's Multibillion Dollar Pipeline Industry Begins Soul-Searching Conversations On the Future (Sergey_R / Shutterstock)

Canada's Multibillion Dollar Pipeline Industry Begins Soul-Searching Conversations On the Future

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.