News

Uncertainty about additional gas transportation capacities in Mexico

In light of a deficient pipeline transportation infrastructure and of power plants that struggle to come online, not a single bid to participate in the current round has been received by CENAGAS in Mexico. The state has thus called the auction null and void.

LNG from the US reached Great Britain for the first time

US produced shale gas reached British homes and power plants for the first time ever. Last week, the UK took a delivery from America with liquefied natural gas as the LNG Carrier GALEA arrived at the Isle of Grain port in Kent, 60 kilometer east of London. The Isle of Grain-Terminal has got a capacity of one million cubic meters of LNG, making it Europe's largest installation of that kind.

Contested Sabal Trail Pipeline now operational

After four years of pitched battle with homeowners and environmental groups opposed to the construction of a 829 km, 36 inch gas pipeline from central Alabama through southwest Georgia to Orange County, Florida, the Sabal Trail pipeline system has been placed in commercial operation.

Spectra Energy Partners, NextEra Energy and Duke Energy will jointly operate the pipeline system.

Another Pipeline in the Baltic Region Heats Up the European Gas Market

The number of aspirants looking to supply continental Europe with gas grew again this week, with the Finnish government endorsing the 152-km bi-directional Balticconnector undersea gas pipeline project (22-km section in Finland, 80-km section on the floor of the Gulf of Finland, 50-km section in Estonia).

Father and Son Accused in Theft of over $1 Million Worth of Fuel from Pipelines in UK

A bold gang set up a makeshift refinery in the grounds of Boris Johnson’s ministerial Chevening estate in order to steal hydrocarbon fuel from a network of underground pipes. Petrol, diesel and aviation fuel was also stolen from pipelines across Essex, Hampshire, Northamptonshire, and Cheshire over a 17-month period.

Transport and Distribution of Gas, Oil and Water as Preconditions for Successful Industrial Development in Africa & the MENA Region

Forced industrialization in the whole region has led to high demand for investment, in particular in the energy and water supply sectors. Realization of the projects require a lot of know-how and appropriate technologies. This presents a wealth of opportunities for European and international businesses to engage with the region and to create long-term partnerships.

Whither Kinder Morgan's Trans Mountain Pipeline in British Columbia ?

Ottawa has long championed the construction of trans-province pipelines to transport the nation's petroleum wealth to the coast and ultimately foreign markets in Asia. Yet environmental opposition to Trans Mountain and other crude oil pipelines in the western province of British Columbia is so vast it threatens the very viability of these projects in the country.

Ugandan-Tanzanian Framework Agreement Signed for 1,445 km Pipeline Construction

The governments of Tanzania and Uganda have signed a framework agreement governing the construction of a $3.55 bn,1445-km, 24 inch diameter crude oil pipeline from landlocked Uganda to the blue water Tanzanian port of Tanga.

The pipeline would transport to market recoverable Ugandan reserves estimated between 1.4 - 1.7 bn barrels.

Oil and Gas Prices Remain Stable as Diplomatic Relations Fray between Qatar and Saudi Arabia

The Saudi - led group of countries severing diplomatic relations with Qatar today will have no significant impact on the price of oil, according to Alastair Newton, of Alavan Business Advisory in Livingstone, Zambia.

Newton said there is a large surplus on the supply side relative to the demand side and that this will continue to exert downward pressure on the price.