Royal Dutch Shell Plc said this week that it is retreating from its development of the Carmon Creek thermal oil sands project in northern Alberta and will take an expected $2 billion restructuring charge as a result.
The company cited falling oil prices and a lack of pipeline capacity in Canada as the reason for its decision.
The first joint of 970 km Ukhta-Torzhok-2 natural gas pipeline with a design capacity 45 billion cubic meters of gas per year was welded this week, a small yet critical event in the construction of the larger Nord Stream 2 Gas Pipeline System, of which it is part. Nord Stream 2 is currently one of Europe's largest infrastructure projects.
ILF, one of the world's leading engineering companies offering design and consulting services for the development of critical and complex infrastructure projects, has provided the design and supervision services for 1,200 km of four key high pressure natural gas pipelines operated by GAZ-SYSTEM S.A.
The Canadian Energy Pipeline Association (CEPA) is raising the transparency bar by launching a new interactive digital map, giving Canadians easy access to detailed information on over 100,000 km of member transmission pipelines crisscrossing the country.
Penspen, a leading engineering and management services company based in London, has been awarded a contract worth $4.3 million from Gas Transmission Company Limited (GTCL), (A Company of Petrobangla) under the Ministry of Power, Energy and Mineral Resources of Bangladesh.
On the heels of last year's devastating natural gas pipeline explosion in the southern India state of Andhra Pradesh, killing ultimately 24 people and injuring many more, GAIL, India's largest natural gas pipeline operator, will begin deploying drones in a bid to raise safety standards and to create a new culture of safety throughout its operations.
With oil prices hovering below $50 per barrel and expectations that they could go even lower, OMV has announced its intention to sell 49 percent of its wholly-owned subsidiary Gas Connect Austria (GCA), which company officers say will strengthen OMV's cash flow and balance sheet.
Sinopec, Asia's biggest downstream company, has received approval from China’s National Development and Reform Commission to build a 8,400-kilometer pipeline network carrying up to 30 billion cubic meters of gas per annum from the gas fields in northwest China to the southern and eastern provinces around Guandong.
After a decade of protracted negotiations, Russia and Pakistan signed an Inter-Governmental Agreement yesterday on building a 1100-km natural gas pipeline from LNG terminals in southern Pakistan to growing domestic markets in the north. The construction is scheduled to be completed in late 2017.
Leaders of Poland and the three Baltic states of Lithuania, Latvia and Estonia met today to sign an agreement on a 562 km, 28 inch gas pipeline connecting Poland to Lithuania. The Gas Interconnector Poland-Lithuania (GIPL) will end the long lasting isolation of the Baltic Sea region and bring energy needed for a new economic development.
With a total of 39 Cat gas compression engines heading to the new 830 mile interstate Rover gas pipeline in Ohio, Caterpillar has announced its largest single-project order since the company's founding in 1925.
Complicating the proposed Uganda - Kenya Crude Oil Pipeline (UKCOP), the governments of Uganda and Tanzania have signed an agreement to study building a pipeline from the oil fields near Hoima, Uganda to the Tanzanian port of Tanga.
Siemens AG has signed an unprecedented long-term service contract running 18 years with Dolphin Energy, a UAE-based company responsible for operations, maintenance and managing the UAE gas network, headquartered in Abu Dhabi.
Fugro, the world’s largest integrator of geotechnical, survey, subsea and geosciences services, has been awarded a contract by Blue Stream Pipeline Company B.V. to provide survey support vessels and other services related to the external inspection of the Blue Stream Pipeline.
A 535-kilometer gas pipeline running from Mtwara, Tanzania to Dar es Salaam, the country's capital, and built with a 1.225-billion-U.S.-dollar concessional loan from the Export-Import Bank of China was inaugurated by Tanzanian President Jakaya Kikwete this past weekend.
Adding teeth to a number of proposals to better protect California's inland and coastal environment from potential oil and gas pipeline ruptures, Governor Jerry Brown signed a series of bills requiring stricter state inspection of all intrastate pipelines on an annual basis, mandatory leak detection systems for pipelines in environmentally sensitive areas, and the enlistment of fisherman to hel
Nord Stream Pipeline celebrated a major milestone last week by noting 100 billion cubic metres of Russian natural gas shipped through the Baltic Sea to the European Union since the pipeline opened in November 2011.
After protracted negotiations Ethiopia and Djibouti, its neighbor bordering on the northeast, have signed an agreement for a 550 km products pipeline importing gasoline, diesel and jet fuel from Djibouti's port. The venture is estimated at $1.55 billion and construction forecasted to end by 2018.
Finland and Estonia announced their intention to work together to build a natural gas pipeline between Finland and Estonia, which would connect Estonian and Finnish gas grids. Dubbed the Balticconnector, the pipeline would increase Finnish import capacities by providing access to the Latvia's natural gas storage in Inčukalns.
Responding to a growing number of serious pipeline ruptures with devastating environmental effects on land and water, the U.S.
Energy Transfer Equity LP took a major step in consolidating its partnership assets with a $38 billion acquisition of Williams Cos., fitting CEO Kelcy Warren’s long-standing formula for building an energy empire: Buy companies that connect the dots in the industry to leapfrog competitors.
Months of challenging pipeline construction have culminated this week in the laying of the final pipe in the 482.4 km long Polarled Pipeline project at a depth of 1,260 meters in the Norwegian Sea.
The ROSEN Group stole the show at this month’s Rio Pipeline Conference by landing the prestigious American Society of Mechanical Engineers (ASME) Global Pipeline Award. The Trophy was personally handed over to Hermann Rosen, CEO of the ROSEN Group.
Long a bone of contention between political parties in the United States, the $7 billion, 1,179-mile Keystone XL Tar Sands Oil Pipeline Project has now taken center stage in the presidential debates. Predictably the Democratic candidates have come about strongly against its construction; the Republican strongly in favor.
The Canadian National Energy Board (NEB) has announced that it has delayed the release of its recommendation report on Kinder Morgan Inc.’s proposed $5.4 billion, 980 km, 12 pump stations Trans Mountain pipeline expansion project by five months to acquire additional information on the project.