News

June 28, 2013 The developers of a major natural gas field in Azerbaijan have decided that the western end of their export pipeline to Europe should take a shorter, southern route ending in Italy rather than a northern one to Austria, one of the companies competing for the pipeline business said Wednesday. The Austrian energy company OMV, the lead shareholder in the company vying for the northern route, said it had been informed it would not win the ...

Jun 27, 2013 A pipeline operated by Pennwest Exploration has leaked more than 5000 litres of oil in northern Alberta and co-ordination of clean-up efforts is being hampered by flooding at the company

June 25, 2013 The diluted form of heavy crude from Canadian oil sands fields is no more likely to leak from a pipeline than other forms of oil, an arm of the National Academy of Sciences reported Tuesday. The finding, after an extensive study by the National Research Council, refutes a claim by opponents of the controversial Keystone XL pipeline extension, who contend that the

June 24, 2013 China National Petroleum Corporation (CNPC) will construct China’s first shale gas pipeline, which will be capable of carrying more than 150 million cubic feet of natural gas a day. The pipeline will stretch 57 miles from the Sichuan province to the Yunnan province, where it will connect with an existing pipeline. The gas will come from wells in the Changning black and be transported to the Shuanghe gas processing station, Platts reported. CNPC ...

June 11, 2013 South Korean firms agreed to an engineering consortium to build a 176 mile oil pipeline in Cameroon, the Dow Jones Newswires reported. The chief of Petroleum Products S.A. and Cameroon’s energy and water minister Basile Atangana Kouna signed a memorandum of understanding for the project June 6. Financial details of the project weren’t disclosed to the public. According to the Dow Jones Newswires, the pipeline is scheduled to run from Limbe, the country’s southwestern Atlantic ...