Latest News

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.

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.

In addition to Germany, Finland has already approved the construction of the 1200-kilometer pipeline. From the end of 2019, it will transport around 55 billion cubic meters of Russian natural gas annually from Russia to Germany.

Intero Integrity Services today announced the launch of its new brand as a service provider to the oil, gas refining and petrochemical industries around the world.

Formerly operating as A.Hak Industrial Services, the company’s rebranding recognizes its history and excellent track record in providing its customers with technology-driven inspection and industrial services to enhance the integrity and performance of their critical midstream and downstream assets from design to end-of-life.

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.

Minas-Rio took the decision to suspend the operation following a minor leak that was identified in the pipeline. This leak of non-hazardous iron ore slurry was stopped within eight minutes and caused no disruption to local water supply. It occurred in close proximity to a similar leak on 12 March, near a pumping station. There were no injuries.

Cyber criminals have breached Energy Transfer's Panhandle Eastern pipeline system in the United States, causing to shut down until further notice.

The Panhandle natural gas pipeline network, a comprehensive array of transportation and storage facilities, includes four large-diameter pipelines stretching from the Anadarko basin of Texas and Oklahoma into several other midwestern states. The Trunkline system, which extends from the Gulf Coast into the Southeast and Midwest, and the Sea Robin system in the Gulf of Mexico are also part of the Panhandle network.

Peru has joined Mexico, Nigeria, the Ukraine and a host of other countries, including the United States, confronting vandals who tap into pipeline systems to steal the hydrocarbons inside.

Peruvian President Pedro Pablo Kuczynski intends to declare the country's sole oil pipeline, 1,106 km long, a "strategic asset," providing the military, in addition to the police, with a mandate to protect the pipeline from a spate of recent vandal attacks.

The pipeline transports crude from jungle oil blocks to Petroperu's refinery on the Pacific coast.

Companies that are partnering to build Kenya's first oil export pipeline from the Amosing and Ngamia fields to the port of Lamu on the Indian Ocean expect to reach agreement by mid - 2018. The new pipeline will be approximately 865 km long.

“We’ve got two pipeline companies bidding ... Sometime before mid-year we expect to come to an agreement,” Africa Oil Chief Executive Keith Hill told an industry conference. “We are discussing with a couple pipeline companies about coming in as a strategic partner on the pipeline,” he later told Reuters without naming the companies.

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.

Mexico is experiencing an epidemic of pipeline thefts: This past year, fuel thieves drilled 10,363 illegal taps into state-owned pipelines, or an average of about 28 illegal taps every day. And as one observer noted, these are just the taps that have been found.

Pemex, the state-run oil company, has been monitoring the situation and have closed 70 service stations for selling fuel presumably stolen.

Such thievery cost Pemex over $1 billion in losses in 2016 and the estimated cost for 2017 is even higher.

Recently, Cyprus said Eni had discovered a potentially sizeable gas deposit at another target southwest of the island, close to where Greek Cypriots reside on their southern half of the island. But no sooner was the announcement made that Turkey dispatched warships to keep ENI's drillship from reaching the drilling location: Block 3 of the Cypriot Exclusive Economic Zone (EEZ). The standoff continues to this very day.

Constitution pipeline, the $1billion gas pipeline project designed to run 200-km from the Marcellus Shale natural gas field in Pennsylvania to Upstate New York, has thus far failed to meet New York's water quality standards and will not be granted a permit to proceed with construction.

The pipeline's parent company, Constitution Pipeline Company, first filed for a water quality permit with New York's Department of Environmental Conservation (DEC) in August 2013, then withdrew and resubmitted its application in 2014 and again in 2015 at the DEC's request.