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China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world’s largest energy producer and provide a guaranteed energy supply for China’s growing economy as both nations face confrontations with the West. The deal, which the two countries negotiated over the last decade, is expected to be signed when Russian President Vladimir Putin visits ...

Closing arguments have ended in a four-day hearing over the value of the trans-Alaska oil pipeline, with the State of Alaska, major oil producers and local governments locking horns in a proceeding that included discussion of how much oil remains to be pumped off the North Slope. It’s not as much as many people hope, according to a state attorney. Early Thursday, the State Assessment Review Board that considers appeals of state assessments began deliberating, a process closed ...

The consortium managing the planned Trans-Adriatic pipeline said it was seeking contractors for the onshore section planned through Greece and Albania. TAP construction through Greece and Albania is scheduled for 2016. Companies wishing to land a construction contract need to submit their bids to the consortium no later than May 26. « This is one of the largest contracts that TAP plans to award, » TAP Procurement Director Knut Steinar Kvindesland said in a statement Monday. « The selection of potential ...

Mexican authorities said on Tuesday they would hold auctions in the near future for five new natural gas pipelines, which are to be built at a cost of $2.25 billion. The CEO of Comision Federal de Electricidad (CFE), Enrique Ochoa, said in a statement that the state-owned electric utility and the Energy Secretariat would provide details on the bidding processes in the coming days. Ochoa said at an energy and gas forum at the CFE

Persistent militant attacks on the crude export pipeline have left it out of action Iraq

Russia’s parliament has agreed to write off almost $10 billion of North Korea’s Soviet-era debt, in a deal expected to facilitate the building of a gas pipeline to South Korea across the reclusive state. Russia has written off debts to a number of impoverished Soviet-era allies, including Cuba. North Korea’s struggling communist economy is just 2 percent of the size of neighbouring South Korea’s. The State Duma lower house on Friday ratified a 2012 agreement to write off ...