24
OCT
OCT
Russia has proposed to Tokyo building a natural gas pipeline connecting fields in its far east with northern Japan, the Nikkei newspaper reported on Wednesday. The construction of a gas pipeline between the two countries, which has been mooted for decades, would face many obstacles, including a dispute over islands taken by Russian forces at the end of World War II that has prevented Moscow and Tokyo from signing a formal peace treaty. The plan to build a ...
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22
OCT
OCT
Christophe de Margerie, the charismatic and outspoken chief executive of the French oil company Total, was killed when his private jet hit a snow plough as it was taking off from Moscow’s Vnukovo airport on Monday night. His death leaves a void at the top of one of the world’s biggest listed oil firms at a difficult time for the industry as oil prices fall and state-backed competitors keep them out of some of the best oil exploration territory. ...
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21
OCT
OCT
The European Commission remains committed to the ongoing negotiation process with both Azerbaijan and Turkmenistan on the Trans-Caspian pipeline project, according to officials within the Energy Department of the European Commission.
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20
OCT
OCT
The Northern Territory has moved ahead with plans to build a 1,000-kilometre pipeline, expected to cost more than $1 billion, to supply natural gas to eastern Australia. Chief Minister Adam Giles, an advocate of the plan, used the occasion of the Australia-Japan Joint Business Conference in Darwin to announce the pipeline had been granted « major project » priority status. He said the pipeline, which did not yet have a private backer, needed to be operational by 2018 to avert ...
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17
OCT
OCT
Arrow Energy Ltd. has received environmental approval from the Australian government for construction of its proposed 4,500-km Arrow Bowen project gas pipeline to link its coal seam gas (CSG) fields in the Bowen basin of Queensland to Gladstone on the central-east coast. The buried line received Queensland state government approval in March 2013, but the federal government green-light follows Arrow
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16
OCT
OCT
Statoil exited Azerbaijan’s Shah Deniz gas project on Monday, selling a 15.5-percent stake to Malaysia’s Petronas for $2.25 billion as part of asset sales to shore up returns to shareholders. Like other oil majors, Norway’s Statoil has been selling assets amid rising costs and falling oil prices. It earlier sold a 10 percent stake in Shah Deniz. French oil major Total sold out of Shah Deniz in May saying it would focus on operating projects rather than holding ...
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15
OCT
OCT
Tallgrass Energy Partners LP’s Pony Express Pipeline project is complete. On Thursday, the Leawood-based midstream energy company announced the 690-mile-long crude oil pipeline that runs from Guernsey, Wyo., to Cushing, Okla., is now in commercial service. The pipeline is owned by Tallgrass Pony Express Pipeline LLC. The pipeline transports domestic light crude oil from the Bakken formation in North Dakota and eastern Montana to Cushing, according to the company’s website. A report from the Wichita Business Journal ...
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14
OCT
OCT