News

Chemical Contamination of Russian Crude Forces the Closure of the Druzhba Oil Pipeline For Two Weeks

Organic chlorides from a private storage terminal in the middle of the vast Russian Federation have contaminated crude oil deliveries to key European refiners of Russian feedstock, choking off one of Europe's main sources of crude and leading to a jump in crude oil prices before slumping by the end of last week.

President Trump's Plans for More Pipelines Stalls Amid Regulatory Challenges

U.S. President Donald Trump signed executive orders last week to speed up the construction of transnational and national pipeline projects.

This comes after making promises on the campaign trail for the presidency to remove regulatory barriers to energy projects.

Bulgaria the venue for the next stage of the Turkstream natural gas pipeline

Saudi-led Arkad-ABB as well as an international consortium comprising Bonatti, Max Streicher and TNK are vying for final selection in Bulgartransgaz's 474-km natural gas pipeline project which would link Bulgaria to Turkey on its southern border and with Serbia on its western border. A third group led by MOL in Hungary did not meet the project requirements and will no longer be considered.

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC

Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for SAR 259.125 billion (or SAR 123.39 per share), which is equivalent to USD $69.1 billion.

Trump Overrides Environmental Concerns and Gives Keystone XL a Green Light

President Trump has issued a presidential edict to “construct, connect, operate, and maintain pipeline facilities at the international border” at Phillips County, Montana, “for the import of oil from Canada to the United States.” The edict thus provides TransCanada, the Canadian pipeline company, a significant boost as it considers its final investment decision on the $8 billion project.

ptc 2019 Successfully Completed - New Record Numbers Achieved

Europe's leading pipeline event, the Pipeline Technology Conference (ptc), has been held successfully from 18 to 21 March 2019 in Berlin, Germany. The organizer announced that 750 participants from 54 different nations, delegations from almost 80 different pipeline operators as well as 78 exhibitors have joined and contributed to the event.

Pipeline Transport Institute Completes Field Stage of Inspection of Hydrocarbon Storage Farm’s Earthing System in Algeria

The Pipeline Transport Institute has completed field activities for inspection of the lightning protection and earthing system at the Béjaïa (Béjaïa, Algeria) regional logistic centre’s loading terminal’s hydrocarbon storage farm of Sonatrach.

On the Bratsva Pipeline through the Ukraine: Russia Says What Europe Wants To Hear

In what could be seen as a sop to placate nervous European and American powers over the future shipment of Russian gas through Nord Stream 2 to Germany, Russian Prime Minister Dmitry Medvedev said that Moscow is amenable to further shipments of gas via the existing Bratsva and Soyuz pipeline systems, providing certain conditions are met.

ILF Consulting Engineers ranked #6 as Top International Design Firm for Pipelines

In 2018 the ENR global sourcebook published its 77th ranking for top international design firms. Once more, ILF Consulting Engineers was able to secure its position as a Top International Design Firm for Pipelines. By being ranked #6 in 2018, ILF was furthermore able to improve its position, compared to rank #10 in 2016.

China announces plan to form national oil & gas pipeline company.

The highly anticipated reform of the chinese oil and gas industry is now official according to the country's state planner. The creation of the new company was released as part of the National Development & Reform Commission's report during the last National People's Congress meeting.

Nord Stream 2, TurkStream, TANAP: "Eurasian Pipeline Forum: Linking East and West" at ptc 2019 in Berlin

There is a long tradition of energy cooperation between Europe and Asia. For decades, Russia for example has been a reliable partner for the supply of crude oil and natural gas. A number of other initiatives are currently being developed, involving Russia, Central Asia and Turkey.

ADNOC, KKR and BlackRocK sign US$4 billion pipeline infrastructure deal

The Abu Dhabi National Oil Company (ADNOC) has signed a US$4 bn midstream pipeline infrastructure partnership agreement with US-based institutional investors KKR and BlackRock. ADNOC is expanding through strategic partnerships since 2017. With the contract a newly formed entity known as Adnoc Oil Pipelines will lease ADNOC’s interest in 18 pipelines for a 23-year period.