The advent of Covid19, lockdown in lower 48, slack demand, oil price crash and a corresponding slash in capital expenditure have all taken a huge toll on the upstream sector of the US petroleum industry. Many of the companies specializing in shale oil production will not survive in this low price environment.
Ecuador’s northern Amazon rainforest has seen heavy oil contamination since rich oil fields were discovered there in the 1960s. Billions of gallons of oil waste was dumped by then American oil giant Texaco into unlined, open-air pits in the ground.
Bulgaria, with more than a little encouragement from the European Union, is about to embark on a long-awaited plan to diversify its sources of natural gas.
SONATRACH, Algeria's national hydrocarbon company, has become the majority shareholder of the offshore Medgaz pipeline connecting Algeria from the compressor station located at Beni-Saf to the incoming terminal located in Almeria, Spain.
Transit revenues on the Chad - Cameroon pipeline totaled approximately 55 million euros in 2019, according to recently published figures published by the National Hydrocarbon Company (SNH). This represents a nearly 25 percent increase over the previous year.
Several sub-Saharan countries in Africa -- the planet's second largest continent, home to over 600 million people and proven gas reserves of nearly 500 trillion cubic feet -- are considering a number of big ticket pipeline construction projects.
Against the backdrop of the Corona pandemic what has been touted as " the most significant deal to emerge since the countries signed a historic peace treaty in 1979," Israel and Egypt began implementing an estimated $19.5 billion natural gas deal.
Polish President Andrzej Duda heralded the beginning of a 900-km major gas pipeline from Norwegian waters of the North Sea of Norway, through Denmark, to landfall at Niechorze-Pogorzelica in Poland. Duda proclaimed the Baltic Pipeline would be a "milestone" in giving Poland independence from Russian gas.
KROHNE, Inc. announces it has received the Pipeline Research Council International (PRCI) In-kind Support Award for its outstanding commitment and support of several significant research programs. KROHNE was presented with the award at PRCI’s Annual Research Exchange Meeting on March 3rd 2020, at the Westin San Diego in California.
Enbridge, the Canadian pipeline company, is interested in building a 6.4-km long tunnel beneath the Straits of Mackinac, the Michigan waterway that connects Lake Huron and Lake Michigan -- an ecologically sensitive area and popular tourist destination -- constituting two of the Great Lakes. The company had applied last Wednesday for state and federal authoriza
Gas Infrastructure Europe (GIE) and its members are responding to the issues posed by the COVID-19 pandemic to ensure that all personnel are looked after and that supplies of gas are uninterrupted.
The oil price war between Saudi Arabia and the Russian Federation, with both countries ramping up oil production in a time of dramatically reduced consumer demand worldwide, has moved crude oil prices to 20 year lows this week. U.S.
Germany’s first publicly accessible hydrogen network is due to supply increasing quantities of green hydrogen (H2) to industrial companies in Lower Saxony and North Rhine-Westphalia from late 2022 onwards. BP, Evonik, Nowega, OGE and RWE Generation have signed a Memorandum of Understanding to develop the GET H2 Nukleus project. All these companies are members of the GET H2 initiative
In May 2015 a corroded Plains All American oil pipeline burst, spilling nearly 3000 barrels of crude that covered Refugio State Beach near Santa Barbara, California. The incident killed hundreds of marine mammals, fish, birds and other wildlife.
The global Corona pandemic is having a profound effect on energy markets, leading to a precipitous drop in demand for oil and oil products and forcing major oil producers like Saudi Arabia and the Russian Federation to increase production in a struggle for market share.
