News

Gas valve against the flag of Texas (© Shutterstock/Sega_K)
Gas valve against the flag of Texas (© Shutterstock/Sega_K)

West Texas Gas Price Drops Below Zero as Pipeline Outages Disrupt Supply

The natural gas spot price in west Texas fell below zero, forcing the producers to foot up the unloading fee, World News Era reported on October 26, 2022. The events came at a time when Europe is grappling with record-high energy prices following a supply decline by the Russian state-owned supplier, Gazprom.

The new VXintegrity software platform being used by a technician (© Creaform)
The new VXintegrity software platform being used by a technician (© Creaform)

CREAFORM Announces New VXintegrity Software Platform for Surface Damage Assessment

Creaform, a business unit of AMETEK, Inc.  providing portable 3D measurement solutions and engineering services, announced today the release of VXintegrity, their new 3D scanning solution for surface damage assessment.

Logo of DNV infront of the website (© Shutterstock/T. Schneider)
Logo of DNV infront of the website (© Shutterstock/T. Schneider)

DNV Takes Leadership Roles in Three Energy Transition Safety JIPs

DNV, a Norway-headquartered international accredited registrar and classification society, on October 24, 2022, announced it was taking up a leadership role in three parallel Joint Industry Projects (JIPs) to improve the existing KFX software. This software simulates gas dispersion, fire, and explosions.

Serbian President Aleksandar Vucic during a press conference in Brussels, Belgium on Jun. 24, 2022 (© Shutterstock/Alexandros Michailidis)
Serbian President Aleksandar Vucic during a press conference in Brussels, Belgium on Jun. 24, 2022 (© Shutterstock/Alexandros Michailidis)

Going Against The Grain, Serbia Builds 128-km Pipeline For Russian Oil

In a  proposed pipeline project that flies in the face of the conventional European consensus to lessen the continent's dependency on Russian oil after Russian President Putin's war of aggression in Ukraine, Serbian President Aleksandar Vucic announced this month the construction of a 128-km oil pipeline connecting the northern Serbian City of Novi Sad with Hungary.  

(From left) Spanish Prime Minister, Pedro Sanchez (L); French President, Manuel Macron, and Portuguese Prime Minister, Antonio Costa, pose for a photo at the beginning of their meeting in Brussels, Belgium, 20 October 2022. (© IMAGO / Agencia EFE)
(From left) Spanish Prime Minister, Pedro Sanchez (L); French President, Manuel Macron, and Portuguese Prime Minister, Antonio Costa, pose for a photo at the beginning of their meeting in Brussels, Belgium, 20 October 2022. (© IMAGO / Agencia EFE)

MidCat Pipeline To Be Replaced By New Green Energy Corridor

Flag of Spain and banknotes (© Shutterstock/Marian Weyo)
Flag of Spain and banknotes (© Shutterstock/Marian Weyo)

Spain's Enagas Looks Into Assets Disposal To Fund New Gas Pipelines

Enagas SA, one of Spain's major gas network operators, could sell some of its assets to fund new pipeline projects in Europe to help Europe wean off Russian energy that the Kremlin has been accused of using to influence global geopolitics. Tallgrass stakes could be part of the long-term disposal.

Logo of Gasunie infront of the website (© Shutterstock/T. Schneider)
Logo of Gasunie infront of the website (© Shutterstock/T. Schneider)

Gasunie Investigates Possibilities for a Hydrogen Pipeline Network in the North Sea

In hydrogen production, the Netherlands has a sizeable climate target to meet, and the North Sea offers opportunities for generating the required green energy through wind farms.

Green hydrogen molecule (© Shutterstock/Corona Borealis Studio)
Green hydrogen molecule (© Shutterstock/Corona Borealis Studio)

Germany Is The Site Of The World's Largest Green Hydrogen Project

Fortescue Future Industries (“FFI”) and Tree Energy Solutions (“TES”), both companies stacked with a very smart and far-seeing team, have agreed to develop the world’s largest green hydrogen integrated project "to help Europe mitigate its current energy and climate crisis and to bring green molecules to Europe," as TES says in a press release.

Flags of Gazprom and Russia flowing in the wind (© Shutterstock/rarrarorro)
Flags of Gazprom and Russia flowing in the wind (© Shutterstock/rarrarorro)

Gazprom Says A Big Section of the Nord Stream Pipelines Need To Be Replaced

Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.

"Experts say that in order to restore work after such a terrorist act, it is necessary to actually cut off a very large piece of pipe, at a great distance, and in fact build a new section on this section," Miller told a Russian TV station.

Route of the TurkStream pipeline as 3D rendering (© TurkStream)
Route of the TurkStream pipeline as 3D rendering (© TurkStream)

Several Arrested in a Foiled TurkStream Pipeline Attack, According to Russia

Russia claimed on Thursday, October 13, 2022, they had arrested people in a foiled attack on a section of the TurkStream gas pipeline located in Russia's territory, Interfax reported.

Petronas Towers with Malaysia national flag (© Shutterstock/sacitarios)
Petronas Towers with Malaysia national flag (© Shutterstock/sacitarios)

Malaysias Petronas Declare Force Majeure on Gas Supply to MLNG Dua Due to Pipeline Leakage

Malaysia's integrated gas and oil company, Petronas, on October 8, 2022, declared force majeure on gas supply to Malaysia's LNG Dua liquefaction terminal due to a leakage in one of the pipelines. The leak resulted from soil movement in the vicinity of KP201, Sabah-Sarawak Gas Pipeline, which occurred on September 21.

Norway on the map (© Shutterstock/hyotographics)
Norway on the map (© Shutterstock/hyotographics)

Norway Deploys A Specialist Vessel to Inspect Its Subsea Pipeline After Nord Stream Attack

After the attack on the two Nord Stream pipelines linking Germany to Russian gas, Norway deployed a specialist vessel to carry out inspections on the subsea natural gas pipeline to Germany due to safety concerns, a source privy to the project told Reuters.

Route of Nord Stream 2 (© Shutterstock/MurzilA)
Route of Nord Stream 2 (© Shutterstock/MurzilA)

Danish, Swedish and Norwegian Authorities Continue to Investigate Nord Stream Explosions

Nord Stream AG, the Switzerland-based operator of the severely - damaged Nord Stream 1 & 2 gas pipelines, has been informed by Danish, Swedish and Norwegian authorities that it cannot conduct its own investigation until the official one concludes.

Flags of France, Spain & Germany on a wall (© Shutterstock/helloRuby)
Flags of France, Spain & Germany on a wall (© Shutterstock/helloRuby)

Resurrection of 300-km MidCat Pipeline: Answer To European Energy Woes?

The German and Spanish governments held a summit meeting yesterday in the northwestern Spanish city of A Coruña to discuss European energy security in general and the resurrection of the MidCat pipeline in particular.

Yuan on the map of Africa (© Shutterstock/Oleg Elkov)
Yuan on the map of Africa (© Shutterstock/Oleg Elkov)

Chinese Firm Backs the Uganda-Tanzania Oil Pipeline Despite Fierce Opposition from EU

Uganda and Tanzania have cut through the noise to sign an agreement, marking the beginning of the construction of a 1,445-kilometre crude oil pipeline stretching from Ugandan oilfields to its neighbor, Tanzanian, via the port of Tanga.

Flags of Poland and Norway (© Shutterstock/Aritra Deb)
Flags of Poland and Norway (© Shutterstock/Aritra Deb)

Poland and Norway Launch the Baltic Gas Pipeline to Wean Off Russian Gas

Leaders of Norway, Poland, and Denmark, on Tuesday, September 27, 2022, launched the Baltic gas pipeline to help Poland and Europe reduce their long-standing dependency on Russian natural gas.

Gas leak at Nord Stream 2 as seen from a Danish F-16 near Bornholm, Denmark September 27, 2022. (© Danish Defence Command)
Gas leak at Nord Stream 2 as seen from a Danish F-16 near Bornholm, Denmark September 27, 2022. (© Danish Defence Command)

Nord Stream, Sabotage And The Greater European Marine Energy Infrastructure

After nearly two weeks of spewing out an estimated approximately 778 million standard cubic meters of toxic methane gas from three separate ruptures in the Nord Stream 1 & 2 lines on the Baltic Sea floor, the Danish Energy Agency said yesterday that the leaks have finally stopped.

United States Capitol Building in Washington, DC (© Shutterstock/Paul Brady Photography)
United States Capitol Building in Washington, DC (© Shutterstock/Paul Brady Photography)

$6.6 Billion Mountain Valley Pipeline Still Uncertain After Inflation Reduction Act

A $6.6 billion natural gas Mountain Valley Pipeline long advocated by Democratic U.S. Senator Joe Manchin in his home state of West Virginia is facing bipartisan resistance on Capital Hill and will not be afforded preferential treatment.

 Flag of Greece (© Shutterstock/akedesign)
Flag of Greece (© Shutterstock/akedesign)

Saipem S.p.A Awards Corinth Pipeworks a Contract for the Alexandroupolis FSRU Pipeline

Saipem S.p.A awarded Corinth Pipeworks a contract to develop an onshore and offshore natural gas pipeline by Gastrade. The FSRU, Floating Storage and Regasification Unit, will connect to the National Natural Gas Transmission System of Greece via a 28 km long pipeline.

Entrance to the Uniper headquarter in Dusseldorf, Germany (© Shutterstock/nitpicker)
Entrance to the Uniper headquarter in Dusseldorf, Germany (© Shutterstock/nitpicker)

Germany To Nationalize The Country's Largest Gas Importer

Germany has begun to nationalize gas importer Uniper in the wake of an energy crisis that has left the government of Europe's top economy with few other options to keep its industry going.

Germany is set to buy Fortum's (FORTUM.HE) 78% stake in Uniper and inject a further 8 billion euros ($8 billion US) into the energy group that is expected to give Berlin a stake of more than 90%.

Close-up on the pipes of a oil refinery (© Shutterstock/Oaklizm)
Close-up on the pipes of a oil refinery (© Shutterstock/Oaklizm)

Three German Refineries Affiliated With Russian Rosneft Under Trusteeship

To strengthen security of supply and to ensure the continued operations of oil refineries in Schwedt an der Oder, Rosneft MiRo and Bayernoil, Neustadt an der Donau, the German government has placed these three refineries under trusteeship as it seeks to manage and attenuate the impact of the ongoing energy crisis.