News

Flag of Greece (© Shutterstock/akedesign)
Flag of Greece (© Shutterstock/akedesign)

Greek Gas Operator DESFA Plans $1.12B Hydrogen Pipeline to Link Greece and Bulgaria

Greek gas grid operator DESFA has unveiled plans to construct a $1.12 billion (€1 billion) hydrogen pipeline linking Greece to Bulgaria, forming part of a future European southeastern corridor.

Entrance to the ExxonMobil world headquarters located in Irving, Texas (© Shutterstock/Katherine Welles)
Entrance to the ExxonMobil world headquarters located in Irving, Texas (© Shutterstock/Katherine Welles)

ExxonMobil on Acquires Denbury Resources for $5 Billion to Boost Low-Carbon Strategy

ExxonMobil acquired Denbury Resources for $5 billion, marking its major milestone in the carbon capture and storage (CCUS) sector. According to a report published by Carbon Credit on Friday, the purchase aims to enhance Exxon's CCUS capacity and support its low-carbon energy strategy.

Logo of the PCK Raffinerie GmbH on a building of the Schwedt refinery (© Shutterstock/Sergey Kohl)
Logo of the PCK Raffinerie GmbH on a building of the Schwedt refinery (© Shutterstock/Sergey Kohl)

German Oil Refinery Seeks $441 Million Government Aid for Pipeline Upgrade

PCK Schwedt, a German oil refinery, has requested $441 million (€400 million) in government aid from the country's economy ministry to enhance the Rostock-Schwedt pipeline.

Coast of the Barents Sea near Kirkenes in the northeast of Norway (© Shutterstock/Ana del Castillo)
Coast of the Barents Sea near Kirkenes in the northeast of Norway (© Shutterstock/Ana del Castillo)

Proposed $5B Norwegian Gas Export Pipeline Could Ease Europe's LNG Dependency

A new report by Wood Mackenzie, a global insight business for renewables, energy, and natural resources, suggests that a proposed $5 billion export route linking gas fields in the Barents Sea in Northern Norway to European markets could potentially alleviate the continent's reliance on liquefied natural gas (LNG) imports.

Judge's gavel on the table (© Shutterstock/FabrikaSimf)
Judge's gavel on the table (© Shutterstock/FabrikaSimf)

Court Orders Construction of Mountain Valley Pipeline To Cease

Construction on the 490-km Mountain Valley Pipeline has come to an abrupt halt after an appellate court issued a one sentence stay and did not offer an explanation. Work was halted in the Jefferson National Forest, Virginia.

Pipeline operator Equitrans Midstream said on Tuesday it is evaluating all legal options, including an emergency appeal at the U.S. Supreme Court.

Turbine of a MethaneAir plane (© MethaneAir)
Turbine of a MethaneAir plane (© MethaneAir)

Game Changing Methane Monitoring Technology To Combat Climate Change

MethaneSAT is a planned American-New Zealand space mission currently scheduled for launch in January 2024. The mission is planned to be an Earth observation satellite that will monitor and study global methane emissions in order to combat climate change.

Rendering of hydrogen pipeline (© Shutterstock/petrmalinak)
Rendering of hydrogen pipeline (© Shutterstock/petrmalinak)

Building The Hydrogen Pipeline Transmission Grid in Germany

TenneT, Gasunie Deutschland, Thyssengas and bayernets, four major European energy companies, have published a compelling study entitled "Quo vadis Elektrolyse?" contending that hydrogen power plants and their accompanying hydrogen pipeline transmission grid will secure the energy future of Germany, if not the world.

Flag of Malaysia on the map (© Shutterstock/hyotographics)
Flag of Malaysia on the map (© Shutterstock/hyotographics)

Southeast Asian Nations Look To CCS As They Struggle With Climate Change

Carbon Capture and Storage (CCS) was the central focus of a discussion at the Energy Asia 2023 conference in Kuala Lumpur, Malaysia.

Companies and countries are clamoring to build Asian carbon storage hubs throughout the region in an attempt to mitigate the harmful effects of carbon emissions.

Rendering of a pipeline with the Canadian flag (© Shutterstock/Ink Drop)
Rendering of a pipeline with the Canadian flag (© Shutterstock/Ink Drop)

Trans Mountain Pipeline Extension Likely to Redirect Oil to the U.S. West Coast, Analyst

The Trans Mountain pipeline expansion project, aimed at accessing Asian markets for Canadian oil, will likely redirect its barrels to the U.S. West Coast as Russian oil dominates Asian markets.

Analysts and traders attribute this shift to the rising demand for cheaper Russian oil in Asia due to Western sanctions following Moscow's invasion of Ukraine.

Logo of Tenaris S.A. on a screen infront of the website (© Shutterstock/T. Schneider)
Logo of Tenaris S.A. on a screen infront of the website (© Shutterstock/T. Schneider)

Tenaris Acquires isOplus Oil and Gas Division in $10M Deal, Expands Pipe Coating Business

Tenaris, a global manufacturer of steel pipes and related services, has made a significant move with its recent acquisition of the oil and gas division of isOplus. The deal, valued at $10 million, grants Tenaris ownership of isOplus's pre-insulated pipeline systems for district heating and anti-corrosion coatings in Europe.

Decom Engineering C1-46 Chopsaw (© Decom Engineering)
Decom Engineering C1-46 Chopsaw (© Decom Engineering)

Largest Subsea Chopsaw for Pipeline Cutting launched by Decom Engineering

Decom Engineering (Decom) has invested more than $1.2 million to develop its largest Chopsaw to date in response to client demand for larger sized subsea pipe-cutting capability.

The C1-46 Chopsaw has been designed to be useable in water depths of up to 2,000 meters and can cut pipes up to 46” of a wide range of materials in any orientation.

Koichi Fujita, Chief Operating Officer of Mitsui Iron and Steel (left) with Leigh Howarth, CEO STATS (© STATS Group)
Koichi Fujita, Chief Operating Officer of Mitsui Iron and Steel (left) with Leigh Howarth, CEO STATS (© STATS Group)

Japanese Mitsui & Co. acquires 100% of Pipeline Service provider STATS Group

The Scotland-based pipeline service provider STATS Group and the Japanese company Mitsui & Co have agreed over the purchase of 100% of STAT Group’s shares.

A long view of Abu Dhabi, United Arab Emirates (© Shutterstock/Riyaskkl)
A long view of Abu Dhabi, United Arab Emirates (© Shutterstock/Riyaskkl)

Adnoc Awards $1.34B in Contracts for Gas Pipeline Expansion to Northern Emirates

Adnoc Gas, the natural gas subsidiary of Abu Dhabi National Oil Company, on Monday, July 3, announced the award of contracts worth $1.34 billion (Dh4.9 billion) to Petrofac Emirates and the Consortium comprising National Petroleum Construction Co. and CAT International Ltd.

Flag of Israel (© Shutterstock/Tatoh)
Flag of Israel (© Shutterstock/Tatoh)

Israeli Offshore Gas Project Announces $568 Million Investment for New Pipeline

Partners in a major Israeli offshore gas project, Leviathan, announced plans plans to invest $568 million in the construction of a third pipeline, Reuters reported.

According to the announcement, the planned pipeline is expected to enhance natural gas production and facilitate increased exports from the hydrocarbon-rich sea field.

Headquarters of Sinopec in Beijing, China (© Shutterstock)
Headquarters of Sinopec in Beijing, China (© Shutterstock)

China's Sinopec To Build 400-km Green Hydrogen Pipeline

China's Sinopec has begun producing green hydrogen at a plant - the largest in the country - in the far western region of Xinjiang and announced plans to build a 400 km pipeline from Inner Mongolia to the capital, Beijing, to transport the fuel.

The new pipeline will provide clean energy for local oil refining plants and fuel cell vehicles.

Flag of Mexico (copyright by Shutterstock/patrice6000)
Flag of Mexico (copyright by Shutterstock/patrice6000)

$300 Million For Mexico's National Gas Pipeline System

Mexico’s natural gas pipeline network got a huge boost when state power company Comisión Federal de Electricidad (CFE) and Esentia Energy Systems signed a memorandum of understanding (MOU) to jointly invest $300 million to expand the national grid.

Crude oil spill on sand (© Shutterstock/Pix One)
Crude oil spill on sand (© Shutterstock/Pix One)

New Oil Spill from Shell Pipeline Triggers Major Environmental Crisis in Niger Delta

Nigeria's Niger Delta region, already plagued by long-standing environmental pollution caused by the oil industry, is facing further devastation as a new oil spill at a Shell facility contaminates farmland and a river.

Hydrogen molecule (© Shutterstock/Corona Borealis Studio)
Hydrogen molecule (© Shutterstock/Corona Borealis Studio)

REN Looking to Adapt Its 1375-km Pipeline Network To Carry Green Hydrogen

In a move that could ease the way for Europe's transition to hydrogen as a fuel source, Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry an up to 10% share of green hydrogen as early this year, the company said last week.

Map of Israel (© Shutterstock/Gemenacom)
Map of Israel (© Shutterstock/Gemenacom)

Israel's Growing Gas Reserves And Prospective Subsea Pipeline Development

Israel's abundant natural gas reserves, located in the eastern Mediterranean, have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said.

Gas production is carried out by four wells connected by two 18-inch, 73-mile subsea tiebacks to a natural gas processing platform located 10 km offshore Dor, Israel.