The ENTSOG’s Winter Supply Outlook reports reveal low storage levels amid the skyrocketing gas prices as winter gets closer. In a press release published on Tuesday, October 12, 2021, the organization said decisions made by key market participants impact the storage levels.
China National Petroleum Corporation (CNPC) has commenced the construction of an interstate crude pipeline connecting Niger and Benin. The 1950 kilometers pipeline is expected to transmit the first oil shipment in 2022 from Agadem basin, Niger, to Port Seme, Benin, after its completion.
Egypt commences the construction of a major gas pipeline with an expected gas output of 15 million cubic feet per day, Egypt’s Petroleum Ministry said through a Facebook post on Saturday, October 9, 2021, citing the head of General Petroleum Corporation.
Nikola Corporation (Nasdaq: NKLA), a global leader in pollution-free cell electric truck fuel and green energy infrastructure solutions, gets an enormous boost in a new partnership with one of the leading Pipeline giants in North America, TC Energy (TSX, NYSE: TRP).
Authorities believe to have found the source of a massive oil spill off the coast of California on October 2, 2021. Catastrophic oil spills shuttered the coastal beaches, causing the worst ecological nightmare as dead sea animals floated to the shows.
The Richmond-based company Dominion Energy Inc. has agreed to sell $1.9B worth Questar Pipeline to a Las Vegas’s Southwest Gas Holdings Inc., Fortune 500 utility announced Tuesday, October 5, 2021. The all-cash agreement between the two companies includes the assumption of debt of up to $430 million.
Canada, on Monday, October 4th, invoked the 1977 treaty with the US to push for bilateral negotiations over Enbridge Inc’s Line 5 pipeline network project halted many months ago. The move by the Canadian government is part of the efforts to end the long-standing dispute between the State of Michigan and the Canada’s oil export pipeline company, Enbridge.
In July the US government issued a set of security guidelines to strengthen the security of the nation's critical energy pipelines to prevent a reoccurrence of devastating cyber-attack on pipelines' computerized systems. The May 7 attack on Colonial Pipeline sent US major cities into a panic mode, sparking an unprecedented fuel shortage and panic-buying of gasoline.
The U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA), on Wednesday, Sept. 29 announced the award of $98,800,117 grant to territories, tribes, and states to support pipeline and hazardous material safety programs.
The Canadian Energy Pipeline Association (CEPA), on Tuesday, Sept. 28, released a pipeline transmission performance report revealing its members' commitment to environmental safety and operations safety in delivering a safe energy Canada and the entire world need.
