News

Malaysia’s Petronas scraps $29 billion western Canada LNG project

Malaysian oil company Petronas has scrapped a proposed C$36 billion ($29 billion) liquefied natural gas (LNG) project in western Canada due to weak prices, in a blow to both its global ambitions and Canada

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NuStar Energy moves forward with two cross-border pipeline projects between USA and Mexico

After years of waiting, San Antonio-based midstream company NuStar Energy now has the green light to move forward with two cross-border pipeline projects in South Texas.

The U.S. State Department issued three presidential permits on June 29 giving NuStar Energy

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Construction of the Northern Gas Pipeline begins in Australia

Construction officially begins today on the 622-kilometre-long Northern Gas Pipeline to run from Tennant Creek to Mt Isa, with more than 90 people attending a sod-turning ceremony at the Phillip Creek compressor station.

The $800 million pipeline will connect the Northern Territory to the national gas grid, and has been touted as a possible solution to the supposed east coast gas shortage.

Michael Pintabona, spokesman for the company behind the project, Asian conglomerate Jemena, said the pipeline was being built to transport ...

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Peru to auction natgas pipeline project in 1st-half 2018

Peru is planning to hold a new auction for a natural gas pipeline in the first half of 2018 after rescinding a $5 billion contract for the project with Brazil

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France’s Total Signs $4.8 Billion Natural-Gas Project With Iran

The French energy firm Total says it has signed a multibillion-dollar agreement with Iran on the development of an Iranian offshore natural-gas field — the first major Western energy investment since international sanctions were lifted against Tehran under its nuclear accord with world powers.

The agreement on developing the South Pars offshore gas field also is Iran’s largest business deal with foreign partners since international sanctions against Tehran were eased in 2016.

Total’s Chief Executive Officer Patrick Pouyanne and Iranian Oil Minister ...

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Jemena appoints Spiecapag Australia as Mount Isa contractor for Northern Gas Pipeline

Jemena has appointed French-owned Spiecapag Australia to construct the Queensland portion of the $800m Tennant Creek to Mount Isa Northern Gas Pipeline project.

NGP Project Director Jonathan Spink said Spiecapag Australia had won out following a four-month competitive tender process to build 140 km of pipeline from the NT-Queensland border to Mount Isa.

The announcement follows on from Jemena

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Iran agrees to start exporting gas to Iraq for $3.7 billion/year

Iran has announced it is exporting natural gas to Iraq in a deal that will earn the Islamic Republic a reported $3.7 billion per year.

Amir Hossein Zamaninia, the deputy petroleum minister for international affairs in Iran, said that natural gas exports had already begun.

The project is estimated to earn Iran $3.7 billion a year in revenues.

Zamaninia added that Iran will initially send approximately 7 million cubic meters (mcm) per day but it will eventually increase the amount to 35 mcm ...

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APA considers new Queensland gas pipeline

APA Group will consider building a new gas pipeline after signing an initial agreement with Blue Energy to transport its gas resources.

APA Group looks set to build a new gas pipeline connecting Queensland’s Bowen Basin to NSW, Victoria and South Australia.

The major energy infrastructure company will undertake a feasibility study into expanding its east coast grid, and consider route options and cost estimates for the new pipeline.

APA has signed an initial agreement with junior explorer Blue Energy, chaired by former ...

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