Nicholas Newman

Latest posts

Snam Headquarters - San Donato Milanese (copyright by Snam)
Snam Headquarters - San Donato Milanese (copyright by Snam)

Italian Gas Pipeline Operator Sets Ambitious Goal

Italy’s Snam SpA, one of Europe’s largest gas pipeline operators, has set a net zero emissions target for 2040 to be achieved with an increased investment in green energy and hydrogen projects. In its 2020 to 2024 strategic plan, this Italian operator will invest €7.4 billion which is €1 billion more, for its energy transition.

Pipeline in the mountains (copyright by Shutterstock/BILD LLC)
Pipeline in the mountains (copyright by Shutterstock/BILD LLC)

Growing concern by Canada’s Energy regulator

There is growing concern by Canada’s Energy regulator for the financial viability of two major pipeline projects. The first is the Trans Mountain expansion project and the second concerns construction of the Keystone XL pipeline.

Data analysis chart (copyright by Shutterstock/Vintage Tone)
Data analysis chart (copyright by Shutterstock/Vintage Tone)

Australia raises from 4th to third place in Ernst & Young’s (EY) index

Ernst & Young’s (EY) latest bi-annual Renewable Energy Country Attractiveness Index measuring investment in renewable energy by 40 countries has raised Australia from 4th to third place, behind China and the United States. The improvement in Australia’s ranking owes much to its planned investment in green hydrogen and solar energy export projects.

Pipeline construction (copyright by AdobeStock/Sergii Ryzhkov )
Pipeline construction (copyright by AdobeStock/Sergii Ryzhkov )

Western Australia gets the go-ahead for the construction of a 580 km pipeline

Western Australia gets the go-ahead for the construction of a 580 km pipeline, costing $460 million, which will connect the Western Perth onshore gas production basin with mining customers in the Midwestern and goldfields regions of Western Australia.

A man in a business suit offers money (copyright by Shutterstock/Oleksandrum)
A man in a business suit offers money (copyright by Shutterstock/Oleksandrum)

AfDB and Uganda grant $1 million to boost East African Crude Oil Pipeline

The African Development Bank and the government of Uganda have signed an agreement to each provide $500,000 of finance for micro, small and medium sized private enterprises along the East African Crude Oil pipeline (ECOP). Grants to local businesses along the route could help them access new market opportunities and help build links with regional, national and international companies.

Federal Energy Regulatory Commission (FERC) Headquarters in Washington, DC (copyright by Shutterstock/Mark Van Scyoc)
Federal Energy Regulatory Commission (FERC) Headquarters in Washington, DC (copyright by Shutterstock/Mark Van Scyoc)

FERC Proposes Guidance on Oil Pipeline Carrier Contracts with Affiliates

America’s energy market regulator, known as the Federal Energy Regulatory Commission (FERC), has issued a suggested policy statement providing guidance for oil and petroleum products pipeline operators, concerning tariff rates and terms of conditions related to affiliate contracts.

Sunset on pipeline (Adobe Stock/tomas)
Sunset on pipeline (Adobe Stock/tomas)

Turkey's gas imports up 6.5% in August

Last August, Turkey imported a total of 3.35 billion cubic metres (BCM) of natural gas shared between 2.76 BCM of pipeline gas and 59 1,000,000 m³ of LNG (liquid natural gas). Year-on-year, imports of piped gas increased by 17.7% whilst LNG imports fell by 26.1% according to the country’s Energy Market Regulatory Authority’s monthly gas report.

Joe Biden on January 07, 2020 (copyright by Shutterstock/Ron Adar)
Joe Biden on January 07, 2020 (copyright by Shutterstock/Ron Adar)

Biden Presidency Imperils Key Oil Pipelines

There is much media speculation that the incoming administration of President-elect Joe Biden will result in delays or abandonment of new pipeline projects. Pipeline projects will depend less on government’s energy policies and more on the state of the oil and gas industry and market demand.