News

Cyprus, Egypt to examine potential pipeline link taking offshore gas to Egyptian facilities

Cyprus and Egypt have tightened their energy co-operation with an agreement to sort out the technical details of laying an undersea pipeline that would carry offshore natural gas to Egyptian processing facilities. Egyptian petroleum minister Sherif Ismail and Cypriot Energy Minister Yiorgos Lakkotrypis agreed in Cairo on Monday to find a way to transport gas from a field off Cyprus that is estimated to hold 3.6 trillion to 6 trillion cubic feet of the fossil fuel. A statement ...

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Iran and Iraq are about to sign a second gas deal

Iran is shortly expected to sign second gas supply deal with neighbouring Iraq, according to National Iranian Gas Exports Company

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European Commission confirms that Russia can use Trans-Adriatic pipeline

A Commission official confirmed yesterday (5 March) that Gazprom can use the Trans-Adriatic pipeline (TAP) to move gas, if the Russian export monopoly builds the

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Pipeline Market Overview – New projects in the world in the last 12 months – February 2015

  New pipeline projects in the world in the last 12 months 2015 02 Click on the image to enlarge  

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Senate fails to override presidential veto of Keystone Bill

The Senate on Wednesday failed to override President Barack Obama’s veto of a bill to construct the Keystone XL pipeline, the first of many confrontations between the Republican-controlled Congress and the White House this year over energy policy. The 62-37 vote is expected to be one of many veto showdowns between Republicans and Obama in his final term. Already, the White House has issued more than a dozen veto threats on legislation. Proponents of the Keystone bill have ...

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Shell pulls plug on long-delayed Alberta oil sands mine

Royal Dutch Shell PLC has scrapped plans for a long-delayed oil sands mine, becoming the latest company to pull the plug on a major Alberta expansion as crude prices hover near multiyear lows. The global oil giant said on Monday it is withdrawing an application with federal regulators to build its Pierre River mine north of Fort McMurray, Alta., effectively killing a 200,000 barrel-a-day project that had been dormant for years. The decision underscores challenges faced by even ...

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Ethiopia and Djibouti conclude construction agreement for the Horn of Africa Pipeline project

Ethiopia and Djibouti concluded an agreement giving a green light for the construction of an oil pipeline that stretches across the two countries. The pipeline is going to be managed by the US based African infrastructure development company Black Rhino. The agreement was signed at the beginning of February by Tolosa Shagi, Ethiopian Minister of Mines and Ali Yacoub Mahamoud, Djibouti

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Slovakia’s Eustream could link Russian-Turkish Pipeline to Europe

he Slovakian company Eustream’s gas pipeline, expected to deliver gas to countries in the Balkans, and Gazprom’s Turkish Stream will be complementary projects, Eustream’s international development and public affairs head told RIA Novosti on Thursday. Eustream’s Eastring pipeline will run from Bulgaria to Romania and then, via Hungary or Ukraine, to Slovakia. Mirek Topolanek said that the Eastring and the Turkish Stream would be « in no way » competing projects. « On the contrary, they can complement each other and be ...

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