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An ambitious gas pipeline project connecting Bulgaria, Romania, Hungary and Austria received a shot in the arm, when all of the involved parties signed a memorandum of understanding for the project, a vital part of Europe’s efforts to wean itself off Russian gas.

The four countries pledged to get the BRUA pipeline off the ground as soon as possible during the fourth Central and South Eastern Europe Gas Connectivity (CESEC) meeting in the Romanian capital Bucharest.

“We are at a very advanced ...

The Kuwait Oil Company (KOC) has awarded Saipem an onshore engineering and construction contract worth an estimated US$850 million.

The scope of work includes the construction of a system of pipelines of varying diameters, approximately 450 km in length, for the transportation of crude oil and gas from various KOC South Tank Farm manifolds to the new Al Zour refinery on the coast of the Arabian Gulf.

The project also includes the development of a network for the transportation of the refined ...

The Federal Energy Regulatory Commission has given the go-ahead to the Rover natural gas pipeline project

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, ...

Standard Bank Group Ltd.