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Construction Contract Signed for Second String of TurkStream’s Offshore Section
RU >> 2/20/2017 - South Stream Transport B.V. and Allseas Group today signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline’s offshore section. The document was signed as part of the ...
Iraq, Iran Consider Building Pipeline to Export Kirkuk Crude
IQ >> 2/20/2017 - Iraq and Iran signed a memorandum of understanding to study the construction of a pipeline to export crude oil from the northern Iraqi fields of Kirkuk via Iran, the Iraqi oil ministry said in a state...
Iran & Oman Take New Step in Gas Trade
IR >> 2/11/2017 - Iranian Minister of Petroleum Bijan Zangeneh and his Omani counterpart Mohammed bin Hamad Al Rumhy held energy talks in Tehran on Tuesday. Iran is planning to export natural gas to Oman through a subs...
Iran & Oman Gas Pipeline Project Operational by 2020
IR >> 2/13/2017 - An Iranian gas official says Iran will mostly likely be exporting natural gas to Oman by 2020. Ali Amirani, director of the Gas Export Department of the National Iranian Gas Company (NIGC), said that ...
Iran, Oman Devise New Pipeline Route to Avoid UAE
IR >> 2/7/2017 - Oman and Iran have agreed to change the route of a planned undersea gas export pipeline, to avoid waters controlled by the United Arab Emirates, Iran's oil minister said after meeting his Omani counte...
Nigeria's Trans Forcados Pipeline to Reopen near End Q2
NG >> 1/30/2017 - Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter", Seplat Chief Executive Austin Avuru said. The pipeline, operated b...
TransCanada Re-Submits Application For Keystone XL Pipeline
CA >> 1/26/2017 - TransCanada Corp said on Thursday it submitted a presidential permit application to the U.S. Department of State for the approval of the Keystone XL pipeline. ...
McDermott Awarded Offshore Pipelay Contract in the Middle East
AE >> 1/25/2017 - McDermott International, Inc. was awarded an offshore pipelay contract in the Middle East. The pipelay contract, sizeable in value, includes the engineering, procurement and installation of two oil pi...
Rotork Emergency Shut-Off Solution Protects Pipelines on Motorway Bridge
UK >> 1/12/2017 - The Sundsvall Bridge in northern Sweden carries the European Route E4 motorway, spanning a coastal cove to bypass the city of Sundsvall. Opened in 2014, the 2.1 kilometre bridge also carries two 400 m...
Bulgaria & Serbia Agree to Work on Pipeline to Cut Reliance on Russian Gas
RU >> 1/20/2017 - Bulgaria and Serbia signed a memorandum of understanding to work together for the construction of a natural gas pipeline to link the Balkan neighbours to boost security of supplies and reduce their st...
Russia's Zapolyarye-Purpe Oil Link To Pump 7.5 MM T In 2017
RU >> 1/18/2017 - Russia's Zapolyarye-Purpe oil pipeline, which was launched on Wednesday, will pump 7.5 million tonnes of oil in 2017, said Nikolai Tokarev, the head of Russian oil pipeline monopoly Transneft. ...
Russia Launches New Domestic Oil & Gas Pipelines
RU >> 1/18/2017 - Russia on Wednesday launched a new domestic gas pipeline and two new oil pipelines at a ceremony attended by President Vladimir Putin. ...
TAP Completes First Phase of Access Roads and Bridges Rehabilitation in Albania
AZ >> 1/12/2017 - At the end of 2016, Trans Adriatic Pipeline (TAP) AG completed the first phase of road infrastructure rehabilitation in Albania, comprising the upgrade of approximately 58km of access roads, construct...
IOG Signs MoU for Acquisition of SNS Pipeline
UK >> 1/16/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, has signed a Memorandum of Understanding (MOU) regarding the 100% acquisition of a currently disused pipe...
2,4 million tons of Azerbaijani Oil Transported via BTC in December 2016
AZ >> 1/9/2017 - 2 million 386 thousand 450 tons of Azerbaijani oil were transported via BTC main export pipeline in December 2016. 28 mln 862 thousand 673 tons of oil were exported from Ceyhan Port in January-Decemb...
Nord Stream Utilisation Averages 80% in 2016
RU >> 1/10/2017 - The Nord Stream Pipeline operated at 80 per cent of its annual capacity of 55 billion cubic metres (bcm). 43.8 bcm of natural gas were delivered to consumers in the European Union. This is yet another...
Iran Denies Any Deal with Iraqi Kurdistan for Building Oil Pipelines
IR >> 1/3/2017 - Iran has denied it has reached an agreement with the Kurdistan Region of Iraq for laying out joint oil pipelines. The public relations department of the Iranian Ministry of Petroleum announced on Tue...
Blast Hits Azeri Gas Pipeline Near Baku
AZ >> 1/2/2017 - An explosion has occurred at a gas pipeline near Azerbaijan's capital Baku early on Monday, the country's Emergencies Ministry said, the second such incident in a week. ...
Iraq to Supply Egypt with 1 million barrels monthly
Iraq to Supply Egypt with 1 million barrels monthly EG >> 2/23/2017 - The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Petroleum Ministry for final approval. ...
Taas-Yuryakh Neftegazodobycha Increased Production by 18.9% in 2016
RU >> 2/21/2017 - Taas-Yuryakh Neftegazodobycha increased oil production by 18.9% in 2016 compared to the same period in 2015, the production volume ammounted to 1.1mmt. ...
China's Soaring LNG Demand To Help Rein In Global Glut
CN >> 2/23/2017 - China's soaring demand for liquefied natural gas (LNG) is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated. ...
ITF Steps up Action to Solve Costly Pipe-Walking Problems
UK >> 2/2/2017 - The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk ...
South Sudan Beefs Up Security at Oil Fields
SS >> 2/8/2017 - South Sudan said it boosted security at oil installations and will source electricity from neighboring Sudan to resume output at two fields in efforts to restore production to levels achieved before t...
Iraq & Iran Signs MOU for Joint Cooperation
IQ >> 2/21/2017 - Mr. Jabbar A. Allibi the minister of oil signed a memorandum of understanding with his Iranian counterpart Mr. Beigin Zangana to establish joint committees to finish some of the important cases. ...
Zenith Sales Its Argentina Operations
AR >> 2/20/2017 - Zenith Energy Ltd. (ZEE) the dual listed international oil & gas production company is pleased to announce the sale of its operations in Argentina to a group of local energy investors. ...
Jacobs to Provide EPC Services for Facilities in Papua New Guinea
PG >> 2/20/2017 - Jacobs Engineering Group Inc., in a joint venture with Monadelphous Group Limited has received a letter of intent from Oil Search Limited to enter into a new proposed five year contract to provide eng...
Nigeria Declares Pollution in Southern City an Emergency
NG >> 2/14/2017 - Nigeria declared an air pollution emergency in a major southern city and closed an asphalt plant there after residents complained about the fumes from its furnaces, in a country plagued by corruption ...
Nigeria to Offer Work for Illegal Refiners in Quest for Peace
NG >> 2/14/2017 - Nigeria needs to offer work to people who make a living from illegally refining oil in the Niger Delta in order to achieve peace there, the African oil-producing nation's Vice President Yemi Osinbajo ...
Senex Energy Sanctions $50 million Investment in the Western Surat Gas Project
AU >> 2/21/2017 - Senex Energy has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/day (~0.6 mmboe p.a....
Nord Stream 2 to Play Crucial Role in EU’s Energy Security
RU >> 2/20/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The meeting address...
Senex Sanctions $50m Investment in Western Surat Gas Project
AU >> 2/21/2017 - Senex Energy Limited (Senex) has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/day ...
LEKOIL Starts Continuous Production at Otakikpo
NG >> 2/20/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, is pleased to announce that further to the announcement on 8 December 2016, the six kilometre offshore p...
Middle East to Invest $294b in Oil and Gas Projects
OM >> 2/19/2017 - Oil producers across the Middle East and North Africa (Mena) region have been continuing to spend heavily on oil, gas and petrochemicals’ production capacity despite the fall in oil prices since 2014....
Oil Trade - February 2017
AT >> 2/13/2017 - Preliminary data for January shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and by 683 tb/d or 9% from the previous year. Similarly, US monthly ...
Product Markets and Refinery Operations - January 2017
AT >> 2/13/2017 - Product markets in the Atlantic Basin received support in January from the top of the barrel on the back of higher export opportunities in gasoline and naphtha. This, along with the positive performan...
Crude Oil Price Movements - February 2017
AT >> 2/13/2017 - The OPEC Reference Basket (ORB) averaged $52.40/b in January, representing of 1.4% and its highest level in more than a year and a half. This compares with a monthly average of $25/b seen in the same ...
Xcel Energy Partners with FAA on Utility Drone Technology
US >> 2/17/2017 - Xcel Energy announced today a partnership with the Federal Aviation Administration to research the safe operation of drone technology to inspect critical infrastructure. ...
Gazprom’s Exports to Germany Add 37% Between February 1 and 15
RU >> 2/17/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Brigitte Zypries, Germany’s Federal Minister for Economic Affairs and Energy, took place in Berlin. ...
Saudi Oil Pipeline Leak Causes One Death, Three Injuries
SA >> 2/18/2017 - An oil leak in a Saudi Aramco pipeline in eastern Saudi Arabia caused one death and three injuries, a Saudi newspaper said. ...
Fluor Awarded Contract for Woodfibre LNG Project in Canada
Fluor Awarded Contract for Woodfibre LNG Project in Canada CA >> 2/16/2017 - Fluor Corporation has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre Liquefied Natur...

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