Europe

Gazprom Gets Finnish Approval on Nord Stream 2 Pipeline

Finland approved the construction of the Nord Stream 2 gas pipeline through the nation’s economic zone, the Finnish government and Russian gas exporter Gazprom said.

Global News

An overview of recent global oil and gas pipeline news.

Nord Stream 2 Pipeline Moves Forward Amid US Protest

Despite objections from the U.S. government, work continues on the Nord Stream 2 pipeline project, which will pump up to 55 bcm of natural gas to Western Europe annually once placed in service.

Nord Stream 2 Prep Work Along German Coast Begins

Preparatory work for the section of the Nord Stream 2 pipeline off Germany's Baltic coast has commenced, the consortium behind the project said.

Germany Proposes Consortium to Protect Ukraine from Nord Stream 2 Losses

Germany has proposed setting up some sort of consortium to ensure that Ukraine retains its role as a transit country for Russian gas once the Nord Stream 2 gas pipeline is operational.

Cyprus, Israel, Greece Push for Gas Pipeline to Europe

The leaders of Cyprus, Israel and Greece said they're determined to push ahead with plans for a pipeline that would supply east Mediterranean gas to Europe as the continent seeks to diversify its supplies.

Cyprus-Egypt Natural Gas Pipeline Could Cost $1 Billion

A planned pipeline connecting Cyprus' Aphrodite gas field to Egypt's LNG facilities will cost between $800 million and $1 billion, Egyptian Petroleum Minister Tarek El Molla said.

Installation of Statoil's Johan Sverdrup Oil Pipeline Begins

The installation of a 283-km oil pipeline to the Johan Sverdrup field has commenced, Statoil said.

Gazprom Completes Sea Stretch of First TurkStream Line

Gazprom has finished the sea portion of TurkStream's first line across the Black Sea. The second line, designed to ship gas to south European countries such as Greece, Bulgaria and Italy, will be laid in the third quarter of 2018.

The Great German Gas Switch-Over

Germany has commenced a 7 billion euro gas infrastructure project to switch 30% of its customers from low-calorie Group L to high calorie Group H natural gas by 2030.

EU Gas Trading in Transition

Due to major investment in transmission and interconnectors and the establishment of gas trading hubs, Europe nears completing a single gas trading market.

World News

An overview of recent worldwide oil and gas pipeline news.

World News

EIA Raises Global Oil Demand Forecast Global consumption of petroleum and other liquid fuels is expected to grow at a faster rate in 2018 than previously expected, according to the U.S. Energy Information Administration (EIA).   Based on EIA’s mid-January forecast revision, petroleum and other liq..

Subsea 7 Awarded Two Offshore Pipeline Contracts

Subsea 7 has received contracts for two offshore pipeline projects, BP's Alligin subsea development, located approximately 140 kilometers west of the Shetland Islands, and ExxonMobil's Production Uplift Pipeline, located off the coast of Nigeria.

Gazprom Says Gas Transit via Ukraine to Europe May Fall to 10-15 Bcm Per Year

Future Russian gas transit flows through Ukraine to Europe may decline significantly, Alexei Miller, head of gas giant Gazprom, says.

German Chancellor Seeks to Assure Ukraine on Russian Gas Link

German Chancellor Angela Merkel says she will consider the impact of a new Russian-German gas pipeline on Ukraine as plans progress.

Gazprom Gets Finnish Approval to Build Nord Stream 2 Gas Pipeline

Finland approves the construction of the Nord Stream 2 gas pipeline through Finland’s economic zone.

Deloitte: North Sea Pipeline Deals to Rise this Year

The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte. Against the backdrop of a low oil price, more oil and gas companies are looking to rationalize their portfolios an..

Europe’s Final Hope For Energy Independence From Russia

Europe’s reluctance towards reliance upon Russian natural gas trade is no secret. It’s also no surprise, due to fallouts between Russia and Ukraine (a major transit country for the trade) in 2006, 2009 and 2014. Currently Russia and Ukraine do not even have a bilateral gas trade, but Russian gas is ..

The U.K. Is About To Boost Oil Exploration With An Old Trick

In 2000, Canadian miner Goldcorp changed its fortunes through a unique strategy: giving away its proprietary technical data. Dubbed the “Goldcorp Challenge”, the firm made all of its geological information available to the public. And offered $575,000 in prize money to geologists who could use the ..

Shell Shareholders OK $49 Billion Deal to Buy UK Rival BG

LONDON (AP) — Royal Dutch Shell shareholders have overwhelmingly backed the $49 billion bid to buy BG Group, despite a slide in oil prices that have had some critics wondering about the wisdom of the mega-deal. More than 80% of shareholders approved the move on Wednesday. The deal will boost Shel..