News

OPEC offers Russia closer cooperation (Egorov Artem / Shutterstock)
OPEC offers Russia closer cooperation (Egorov Artem / Shutterstock)

OPEC offers Russia closer cooperation

The Organization of Oil-producing Countries (OPEC) tries to convince Russia to a closer cooperation. For this reason, Saudi Arabia proposed granting Russia observer status. A Russian representative confirmed the offer to the press: "This option exists and is under consideration. We are currently studying this question carefully," said the confidant of Russian President Vladimir Putin.

The Russian issue of Pipeline Technology Journal was presented to numerous pipeline companies like ROSEN at MIOGE 2018
The Russian issue of Pipeline Technology Journal was presented to numerous pipeline companies like ROSEN at MIOGE 2018

Russian issue of Pipeline Technology Journal presented at MIOGE 2018

The project of the Russian edition of the Pipeline Technology Journal (ptj) published by EITEP (Hanover) was presented in Moscow during the MOIGE International Oil and Gas Exhibition.

Does North Korea Now Come Out of the Cold? (Zbitnev / Shutterstock)
Does North Korea Now Come Out of the Cold? (Zbitnev / Shutterstock)

Does North Korea Now Come Out of the Cold?

One of the more conspicuous developments since American President Donald Trump met with North Korea's Kim Jong Un earlier this month in Singapore has nothing to do with denuclearization but with the potential construction of a gas pipeline through North Korea and into the South. Discussions have begun to this end with Gazprom, which would deliver the gas and help in constructing the pipeline.

$800 billion energy infrastructure investment over the next 18 years in the US and Canada (tcly / Shutterstock)
$800 billion energy infrastructure investment over the next 18 years in the US and Canada (tcly / Shutterstock)

$800 billion energy infrastructure investment over the next 18 years in the US and Canada

The Interstate Natural Gas Association of America (INGAA) has issued an updated 2016 infrastructure report which depicts the massive changes in store for energy infrastructure in the United States and Canada. INGAA Foundation President Don Santa says "while we are now in the midst of a remarkable expansion of the pipeline network ... there will remain a need for new pipeline infrastructure.

Sweden Greenlights Nord Stream 2 (Copyright by Nord Stream 2)
Sweden Greenlights Nord Stream 2 (Copyright by Nord Stream 2)

Sweden Greenlights Nord Stream 2

Nord Stream 2 took another step towards development when Sweden gave its permission to build a gas pipeline in the economic zone of Sweden in the Baltic Sea. Actual preparatory work is expected to begin in the coming months, including pre-lay rock berms and concrete mattresses for cable crossings.

Russian Edition of Pipeline Technology Journal agreed
Russian Edition of Pipeline Technology Journal agreed

Russian Edition of Pipeline Technology Journal agreed

The international publishers EITEP (based in Germany) and Radiofront (based in Russia) have agreed to implement a Russian-speaking edition of the globally recognized Pipeline Technology Journal (ptj). Both companies are committed to meet the high demand for top-class pipeline technology case-studies, technical articles and current international industry news in Russia.

New Gas Pipelines Planned for Australia (Nils Versemann / Shutterstock)
New Gas Pipelines Planned for Australia (Nils Versemann / Shutterstock)

New Gas Pipelines Planned for Australia

Australia is embarking on a major $140 million infrastructure project, building a gas processing facility and a 60-km pipeline for the growing domestic market. It will connect Senex’s Atlas gas field in the Surat Basin in south-east Queensland to Jemena’s existing Darling Downs pipeline and Australia’s largest single gas hub – the Wallumbilla gas hub.

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.

Nord Stream 2 Not A Done Deal (WindVector / Shutterstock)
Nord Stream 2 Not A Done Deal (WindVector / Shutterstock)

Nord Stream 2 Not A Done Deal

Constructing a transboundary pipeline was never an easy proposition. Nord Stream 1 met serious objections from the Baltic States and Sweden before finally reaching a consensus and eventual construction. Nord Stream 2 will have an even greater challenge in getting all parties to agree before the first pipes are actually laid.

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

U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project (Tomas Stehlik / Shutterstock)
U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project (Tomas Stehlik / Shutterstock)

U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project

The Nord Stream 2 pipeline project, which shall deliver 55 billion cubic meters of Russian natural gas to the EU every year, has already been approved by Germany, Finland and also by Sweden.

Former German Chancellor Schroeder: The US pursues selfish interests (Tim Reckmann / pixelio.de)
Former German Chancellor Schroeder: The US pursues selfish interests (Tim Reckmann / pixelio.de)

Former German Chancellor Schroeder: The US pursues selfish interests

Gerhard Schroeder, the former Chancellor of Germany and current Chairman of the Board of Nord Stream 1 and 2, assailed the United States for seeking to stymie the development of Nord Stream 2.

Canadian Government Buys Trans Mountain Expansion Project (BILD LLC / Shutterstock)
Canadian Government Buys Trans Mountain Expansion Project (BILD LLC / Shutterstock)

Canadian Government Buys Trans Mountain Expansion Project

Canada's government is intervening in the conflict over the construction of Kinder Morgan's Trans Mountain Expansion Project with an unusual decision. To ensure the construction of the controversial pipeline, it is purchasing the whole project and the infrastructure needed to expand the pipeline from Kinder Morgan for 4.5 billion Canadian dollars (about 3 billion euros).

Pipeline shortfalls cost Canada billions (Anton Watman / Shutterstock)
Pipeline shortfalls cost Canada billions (Anton Watman / Shutterstock)

Pipeline shortfalls costs Canada billions

Due to a lack of capacity in the pipelines network, Canadian oil producers are forced to sell their products to the United States - with substantial price reductions. This is what the Fraser Institute, a Canadian think tank, found out in a study. In the current year alone this will cost the country's oil producers more than fiftheen billion Canadian Dollar.

 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.

The diving robot is operated by the ship "Trio" while examining the seabed near Lubmin in Germany (Copyright by Nord Stream 2)
The diving robot is operated by the ship "Trio" while examining the seabed near Lubmin in Germany (Copyright by Nord Stream 2)

Start of construction on German landing point for Nord Stream 2

Construction work has begun on the controversial Nord Stream 2 natural gas pipeline at Lubmin, Germany's landing point. According to a spokesman for the Gazprom subsidiary, civil engineering and foundation work for the gas receiving station and the plant building started on an area of six hectares.

A Mediterranean Gas Pipeline to Europe? (Andriy Markov / Shutterstock)
A Mediterranean Gas Pipeline to Europe? (Andriy Markov / Shutterstock)

A Mediterranean Gas Pipeline to Europe?

In what a student of military history might see as a smaller version of The Great Game, the discovery of various prodigious gas fields in the Mediterranean has spawned at atmosphere of distrust and outright hostility between the regional powers vying for influence and economic benefit.

Anglo American suspends key iron ore operation for pipeline checks
Anglo American suspends key iron ore operation for pipeline checks

Anglo American suspends key iron ore operation for pipeline checks

Anglo American plc announces the suspension of its Minas-Rio iron ore operation in Brazil in order to conduct a full inspection of the pipeline that carries iron ore, in slurry form, from the mine to the export terminal.

Escalating Trade War Between China and the US Threatens Pipeline Industry (Shutterstock / rawf8)
Escalating Trade War Between China and the US Threatens Pipeline Industry (Shutterstock / rawf8)

Escalating Trade War Between China and the US Threatens Pipeline Industry

China has kept true to its promise of matching U.S. tariffs in scale and intensity by levying higher tariffs on $3 billion worth of U.S. goods, including a 15 percent tariff on the steel pipe that is used in oil and gas pipelines.