Regions

Transneft Halting Oil Supplies to Poland Due to Pipeline Maintenance

Russian oil pipeline monopoly Transneft said on Wednesday it will halt oil shipments to Poland via the Druzhba pipeline for four days to carry out maintenance work, the Interfax news agency reported.

Libya Oil Pipeline Leaks Hitting Output, NOC Chief Says

The head of Libya's National Oil Corp (NOC) reiterated on Wednesday the need for funds for much needed repairs in the oil industry after corroded pipelines recently hit production.

Abu Dhabi's Mubadala Joins EIG-Led Consortium Buying Aramco Pipeline Stake

Abu Dhabi state investor Mubadala said on Tuesday it has joined a consortium led by U.S.-based EIG Global Energy Partners that had agreed to buy a 49% equity stake in Aramco Oil Pipelines Co.

U.S. to Insist on 'Real Steps' to Mitigate Russian Pipeline Impact

U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline.

Pipeline Leaks at Libya's Samah Oilfield

A pipeline leak at Libya's Samah oilfield may pause pumping operations, an oil engineer there and an oil source at Waha Oil Company said on Tuesday.

Pembina Pipeline to Buy 50% Stake in Canada's Proposed Cedar LNG

Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada's proposed Cedar LNG Project to develop the floating LNG facility in British Columbia in partnership with indigenous group, The Haisla Nation.

Blinken: U.S. Able to Mitigate Nord Stream 2 Pipeline Effects

Secretary of State Antony Blinken said on Monday the completion of the Russian Nord Stream 2 natural gas pipeline was a "fait accompli,” defending the U.S. decision to waive some sanctions and vowing a response if Moscow tries to use gas as a weapon.

Norway's Equinor Books Capacity at Lithuanian LNG Terminal

Norwegian oil and gas company Equinor booked capacity for the first time to import LNG to Baltic States via Lithuania's Klaipeda LNG terminal.

Germany: Ukraine Must Remain Gas Transit Country After New Pipeline

Germany said Ukraine should remain a transit country for Russian gas, the Frankfurter Allgemeine newspaper reported, after President Vladimir Putin said it would depend on the former Soviet republic showing "goodwill" towards Moscow.

Turkey Discovered 135 BCM Additional Natural Gas in Black Sea

Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said, raising the total discovery in the region to 540 billion cubic meters.

Third Coast Midstream Announces Sale of Final Non-Gulf Coast Related Assets

Third Coast Midstream announced that on Tuesday, one of its subsidiaries completed the sale of Third Coast Midstream's final non-core asset, and the company has fully reached the goal of becoming a Gulf of Mexico and Gulf Coast-focused midstream company.

Nord Stream 2 to Be Completed as US Wants Good Ties With EU, Putin Says

Russia's Nord Stream 2 gas pipeline to Germany should be completed as new U.S. administration wants good relations with Europe, Russian President Vladimir Putin told an economic forum.

PVC Pipes Dominate South Africa Pipelines Market by Wide Margin

South Africa’s plastic pipes market is dominated by polyvinyl pipes, according to a survey by industry lobby Southern African Plastic Pipe Manufacturers Association.

Ecuador's Lasso Names Former State Oil Executive as Energy Minister

Bermeo oversaw Petroamazonas' restoration of crude output following the bursting of two pipelines in April of 2020. The company, which focused on crude production, later merged with Petroecuador, which had focused on oil transport and refining.

Russia Estimates Lukoil's Oil Spill Damage at $4 Million

Russian environment watchdog has estimated the environment damage from a recent spill at one of oilfields of producer Lukoil at 300 million roubles ($4.1 million).

Hungary Agrees to 15-year Gas Deal with Gazprom

Although the Shell deal was its first with a Western supplier, Hungary has relied on Russia for most of its natural gas imports via a pipeline through Ukraine. That will change with the inauguration of a new southern pipeline across the Balkans.

Concern Over Wildlife Halts Building of Norway-Poland Gas Link

Concern over the impact on protected mice and bat species has halted construction in Denmark of Baltic Pipe, a pipeline connecting Poland with Norwegian gas fields, Danish grid operator Energinet said on Thursday.

Russia Within 62 Miles of Finishing Nord Stream 2 Gas Pipeline

The Nord Stream 2 gas pipeline under the Baltic Sea is almost complete with just 100 kilometers (62 miles) left to build, TASS news agency quoted Russian deputy prime minister Alexander Novak as saying on Thursday.

Hopes Renewed on Nigeria-Morocco Pipeline

In February, Mohammed VI, the King of Morocco, and Muhammadu Buhari, the president of Nigeria, agreed to fast-track the Nigeria-to-Morocco subsea natural gas pipeline project.

Colombia Oil Industry Ready for New Jobo-Transmetano Gas Pipeline

Since the beginning of the pandemic, apart from the three critical months of March, April and May 2020, the Colombian oil industry best knew how to face this difficult situation in Latin America. The $400 million Jobo-Transmetano, expected to go into service in December 2024, is the biggest evidence of this.

Fire Breaks Out at Tehran Oil Refinery

A huge fire broke out at an oil refinery in the southern part of the Iranian capital Tehran due to a pipeline leak, Iranian state media reported, saying there were so far no reports of casualties.

Savannah Energy in Talks to Buy Exxon's Chad, Cameroon Stakes

Africa-focused Savannah Energy and Exxon Mobil Corp are in exclusive talks over the sale of Exxon's interest in energy assets in Chad and Cameroon. The British oil and gas producer is proposing to buy a 40% operated interest in the Doba oil project in Chad, and a 40% interest in the Chad-Cameroon oil transportation pipeline.

Russia Says Nord Stream 2 Testing Work to Start Next Week

Testing work on Russia's Nord Stream 2 gas pipeline to Germany will start next week, Alexander Drozdenko, governor of the Leningrad region where the pipeline starts, was cited as saying by the TASS news agency on Wednesday.

11 EU Countries Oppose Plan to Prolong Gas Project Funding

Germany, Denmark, the Netherlands and eight other countries will reject a plan to prolong European Union support for cross-border natural gas projects, and instead push for rules to exclude fossil fuels.

Germany, U.S. Hold Talks in Washington on Nord Stream 2, Berlin Says

Germany and the United States are holding talks in Washington to try to resolve a row over the Nord Stream 2 gas pipeline, German Foreign Minister Heiko Maas said on Tuesday.

Posco International Reviewing Dividend Payments on Myanmar Gas Project

South Korea's Posco International said it is reviewing dividend payments on a gas project in Myanmar, in a move that could further constrain funding to the military junta, which seized control of the country in a Feb. 1 coup.

Russia, Pakistan Agree to Build Pakistan Stream Gas Pipeline

Russia and Pakistan have signed an agreement to build the Pakistan Stream gas pipeline, Russia's energy ministry said on Friday.

U.S. Drivers to Get Hit by Soaring Pump Prices Over Memorial Day Holiday

U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend, the traditional start of the summer driving season, as fuel demand surges alongside coronavirus vaccination rates.

U.S. EPA to Revise Trump Rule in Boost to States' Climate Fight

The Trump administration was focused on fast tracking big energy projects and had set its sights on the Section 401 permitting process because it allowed states to block major pipeline, coal export terminals and other projects they felt would lead to an increase in greenhouse gas emissions.

EU Countries Seek to Prolong Bloc's Funding for Gas Projects

European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission's plan to end such funding, according to a draft document.