NEXUS gas pipeline gets approval

The Federal Energy Regulatory Commission has given the go-ahead for construction of the controversial $2 billion, 257-mile NEXUS Gas Transmission pipeline project that will go through northwest Ohio.

The $2 billion project is designed to carry 1.5 billion cubic feet of gas per day from the Utica and Marcellus shale fields in Appalachia across northern Ohio and into Michigan and Ontario, Canada was given certificates of approval Friday.

DTE Energy and Spectra Energy, which merged this year with Enbridge, a Canadian company, ...

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Total buys Maersk Oil for $4.95 Billion

French oil giant Total SA has agreed to acquire Danish conglomerate A.P. Moeller-Maersk A/S’s oil unit for $4.95 billion, signaling a renewed appetite for deals in the global oil-and-gas industry.

The deal will help Total bolster its position among the world’s largest oil companies, potentially boosting its earnings and cash flow and shoring up its ability to pay dividends.

For Maersk, among the world’s largest shipping companies, the deal streamlines the company as it grapples with historic downturns in both the shipping ...

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Standard Bank seeks to raise $3 billion for Ugandan oil pipeline

Standard Bank Group Ltd.

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British Columbia says it will try to block oil pipeline expansion from Kinder Morgan

The government of British Columbia, Canada

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Nigeria want to extend gas pipeline to Cote d

The Nigerian National Petroleum Corporation (NNPC), yesterday said it would extend the West African Gas Pipeline (WAGP) project from Ghana to Cote d

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GAIL begins construction of stalled Kochi-Mangaluru pipeline

New Delhi: State-owned gas utility GAIL India Ltd Wednesday said it has begun construction work on its long- delayed Kerala stretch of the Kochi-Koottanad-Mangaluru- Bengaluru gas pipeline project.

The project, which had been stalled due to land acquisition problems, will cost Rs 3,263 crore.

« Despite the initial hurdle, the Kerala stretch of the project will gain impetus with commencement of 100 per cent construction work, » the company said in a statement.

The pipeline, which forms part of the National Gas Grid, will be ...

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Energy Transfer Partners Sells $1.5 Billion Stake in Rover Pipeline Project to Blackstone

Two subsidiaries of Energy Transfer Partners, Energy Transfer Interstate Holdings, LLC and ET Rover Pipeline LLC, announced July 31 that they would be selling a 49.9% interest in HoldCo, which owns a 65% interest in the Rover Pipeline

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Saudi Aramco to complete first phase of gas pipeline project by 2017

Saudi Arabia

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