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Austria gave its final approval to a controversial Russian gas pipeline project on Tuesday, defying EU officials and welcoming Russian President Vladimir Putin to the neutral country that has been a long-standing energy customer for Moscow. The chief executives of Russia’s Gazprom and Austria’s OMV sealed the deal to build a branch of the South Stream gas pipeline to Austria, a staunch defender of the project in the face of opposition from the European Commission. South Stream, which ...

The 2014-2018 Petrobras Business Plan foresees the allocation of $10 billion in the oil and gas sector, including projects related to pipelines for gas transportation from the Pre-Salt area, such as Rota 3. Last week Tenaris was awarded the supply in this important project and will provide, starting in the first half of 2015, 373 km of welded pipes. The pipes will be produced in the most advanced Tenaris production line in Brazil, the result of an investment of ...

A pipeline under construction in the beetroot fields of northern France is set to link a new liquefied natural gas (LNG) terminal in the port of Dunkirk with Germany by 2016, offering Europe’s biggest energy market an alternative to Russian gas. Germany is currently the world’s biggest importer of Russian gas but the European Union in the wake of the crisis in Ukraine has reiterated its call for EU member states to reduce their reliance on Russian energy. ...

Enbridge Inc. chief executive Al Monaco said the company would take the next 12 to 15 months to work through the 200-plus approval conditions attached to Northern Gateway, but he said the company would not make an

The European Union told Bulgaria to suspend preparatory work on the Russian gas pipeline South Stream, which will bypass Ukraine to bring supplies into the heart of Europe. EU Commission spokeswoman Sabine Berger said that work on the line should not proceed until the Bulgarian government gives clear answers on antitrust concerns over ownership. She added that « the project should be reevaluated in the light of the EU’s energy security priorities. » The standoff over Ukraine has forced the ...

Williams has suspended capital investments in the Bluegrass Pipeline, a proposed natural-gas-liquids project, primarily in response to an insufficient level of firm customer commitments. The company continues to engage in discussions with potential customers regarding the scale and timing of demand for services and the required firm contractual commitments that would support any future capital investments. The project, in which Williams is a joint-venture partner, is designed to connect natural gas liquids produced in the Marcellus-Utica areas in the ...

TransCanada Corp. said Wednesday that it will move ahead with a CA$1.9 billion ($1.7 billion) pipeline project in British Columbia that will ship natural gas toward the Pacific Coast for potential liquefaction and export, after inking shipping deals with Chevron Corp. and Apache Corp. The proposed Merrick Mainline Pipeline Project, an extension of TransCanada’s sprawling NGTL pipeline system, will transport natural gas 161 miles from Dawson Creek, British Columbia to Summit Lake, British Columbia. It will then hook up ...