Prisma Photonics ltd and Israel Natural Gas Lines (INGL) have signed an agreement to monitor the Israeli natural gas transmission pipelines. Each PrismaFlow module will monitor a 50-100km long pipeline segment.
EIG Global Energy Partners LLC from the United States is leading an international consortium including China's Silk Road Fund, UAE'S Mubadala Investment Co, Samsung Asset Management and the the Hassana Investment Co to invest $12.4 billion in Saudi Aramco's oil pipelines in return for a 49% equity stake.
The middle eastern crude oil giant Saudi Arabia is inspected to increase its crude oil production over the coming months to ten million barrels per day, forecasts recently Goldman Sachs.
According to Farouk Soussa, Middle East, and North Africa (MENA) economist at Goldman Sachs,
“We see risks to the oil sector as being significantly skewed to the upside.”
India’s state-owned natural gas supplier and pipeline operator GAIL has decided to cancel plans to hive of its pipeline business. At present, GAIL owns and operates some 13,200 km of natural gas pipeline, which accounts for around 70% of the country’s natural gas pipeline network.
Gazprom, the worlds's largest natural gas company focussing on geological exploration within Russia, as well as production, transmission, storage, processing, and marketing of natural gas and other hydrocarbons both in and outside of the country, is taking responsibility for one of the energy sector's most intense recent leaks of the super potent methane greenhouse gas.
Open Grid Europe (OGE), one of Europe’s leading transmission system operators with approximately 12,000-km of pipelines, is using new technologies such as artificial intelligence (AI) based on Microsoft Azure to transition the company away from natural gas to hydrogen. Germany's goal is to be No.
2020 will be remembered as the year the Covid 19 pandemic changed the world. But there was also a conspicuous growing momentum behind the campaign to address the longer-term global challenge of climate change. More and more countries made pledges to achieve "net zero" emissions.
T.D. Williamson (TDW), the global solutions provider, completed its first SmartPlug® isolation in offshore Nigeria, working for a major operator through its local partner, Strides Energy & Maritime Ltd. (Strides). Isolating the 267-km (165-mi) natural gas pipeline enabled the safe change-out and leak testing of platform valves without depressurizing the system.
Israel's National Infrastructure Committee would like to exempt the Europe Asia Pipeline Company (EAPC), formerly the Eilat - Ashkelon Pipeline, from carrying out the customary environmental impact survey of its installation in Ashkelon.
Libya's long-standing neglected pipeline infrastructure sprang a leak this week when an aging 32-inch pipeline carrying crude from the Al-Samah oilfield to the Es Sider port burst, and some of the oilfield’s production may need to be shut in.
It seems the recent breach of Colonial Pipeline and the subsequent shutting down of gas distribution along much of the eastern seaboard of the United States was not an isolated event in the pipeline industry. 70 Gigabytes of LineStar Integrity Services' internal files were compromised by ransomware by the so-called Xing Team and posted onto the Dark Web. LineStar is a Houston-based company th
On Wednesday, it was officially announced by its promoters TC Energy Corp behind the long delayed $9 billion Keystone XL Pipeline Project that it had been cancelled. This pipeline project, if completed, would have enabled the transportation of Albertan tar sands to a Nebraskan pipeline hub, before onward transport by existing pipelines to Gulf coast refineries in Texas.
Oklahoma-based, pipeline operator and developer Enable Midstream Partners, announced on June 2, that it had gained FERC ( Federal Energy Regulatory Commission) approval to construct and operate a new pipeline, named the Gulf Run Pipeline. Approval was granted under section 7C of the National Gas Act.
A bidding war has started for the acquisition of Calgary-based Inter Pipeline Ltd. On Wednesday 2 June, Brookfield Infrastructure Partners made a C$8.48 billion ($7.02 billion) hostile bid for Inter Pipeline Ltd. This latest offer valued Inter Pipeline Ltd shares at C$19.75 which is C$3.25 above the previous bid by Pembina Pipeline Corporation.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has submitted an advisory bulletin to the Federal Register underscoring to pipeline and facility operators requirements to minimize methane gas emissions in the Protecting Our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act of 2020.
Houston based energy exporter and pipeline operator Kinder Morgan Inc, recently announced that it intends to buy New England regional gas storage and distributor Stagecoach Gas Services LLC, for the sum of $1.23 billion. At present, Stagecoach Gas Services is a joint venture between Consolidated Edison Inc and Crestwood Equity Partners Ltd partnership.
This week Iran’s Energy Ministry announced that it had begun to transmit crude oil along the recently completed Goreh-Jask pipeline, which links oil fields near the Iraqi border with the Gulf of Oman port of Jack, thereby bypassing the Strait of Hormuz.
Gas pipeline operator Snam, has initiated establishment of Italy’s first national research centre for hydrogen related technologies. The Hydrogen Innovation Centre will be based at the University of Modena with sister research campuses in Milan and Rome. In time, similar hydrogen innovation centres could be set up elsewhere in Italy to encourage start-ups.
Russian Deputy Prime Minister Alexander Novak said yesterday that Nord Stream 2 is almost complete with a mere 100-km left to build, according to TASS.
"We hope that construction works on Nord Stream 2 will be completed by the end of this year," Novak told reporters of progress on the pipeline, which will allow Russia to ship more gas to Western Europe, while bypassing Ukraine.
"We want to be Number 1 in the world with Hydrogen Technologies," says the German Federal Minister of the Economy, Peter Altmaier.
Chevron's recently assembled activist Board of Directors is moving the oil giant to suspend payments from a gas joint venture involving an offshore gas pipeline in the Yadana fields in southwest Myanmar that would have reached Myanmar's military junta. French energy major Total has joined Chevron in shutting down the money flows to the junta.
In a judgement reverberating through the world of petroleum companies and their suppliers, a court in the Netherlands has ruled that Shell must cut its CO2 emissions by 45% compared to 2019 levels, legally obliging for the first time a company to align its policies with the Paris climate accords.
For the first time the Department of Homeland Security (DHS) is moving to regulate cybersecurity in the pipeline industry. The agency is responding to a computer attack on Colonial Pipeline's East Coast network that crippled nearly half of the company's fuel supply this month – an incident that highlighted the vulnerability of critical infrastructure to online attacks.
In the wake of the Biden administration's decision to waive sanctions on Nord Stream 2's parent company, Nord Stream AG, Poland has come out strongly against the U.S. move, saying the completion of Nord Stream 2 would threaten energy security in central and eastern Europe.
The Biden administration, in a move nobody anticipated, will lift sanctions on Nord Stream AG, the company based in Switzerland and currently building the Nord Stream 2 gas pipeline between Russia and Germany. Sanctions will also be waived against Matthias Warnig, CEO of Nord Stream and ally of Russian president Vladimir Putin.
