Oil and Gas News
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Pipelines
Another natural gas pipeline could soon come on-stream in Europe - linking Spain and France.
According to Spain’s energy minister Teresa Ribera operations could start in around nine months.
“This new interconnection, this gas pipeline could be operating in about 8 or 9 months on the southern border side, that is, from the Pyrenean to Spain,” she told national TVE station in an…
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IKAV has agreed to acquire Aera Energy through two separate transactions with the joint venture subsidiaries of ExxonMobil and Shell respectively.
The transactions are subject to regulatory approval.
Aera is one of California’s largest oil and gas producers, accounting for nearly 25% of the state’s production.
In 2021, Aera produced approximately 95,000 barrels of crude oil equivalent per…
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Pumps
Keppel Infrastructure announced plans to build a $537 million (€537 million) 600MW hydrogen-powered advanced combined-cycle gas turbine (CCGT) power plant.
The Singapore-based firm said this was going to be the country's first hydrogen-ready power plant when completed in the first half of 2026.
The firm's subsidiary Keppel Energy will use Japan's Mitsubishi Power Asia Pacific and…
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Pipelines
Gazprom, Russia’s state-owned energy firm, has stopped gas flows to Europe via its major pipeline due to vital maintenance work.
Gas flows from Nord Stream I, which runs from Russia to Germany via the Baltic Sea, has not yet resumed.
Gazprom revealed earlier that from mid-August gas flows would be suspended for a three-day period for maintenance works.
Gazprom previously said that gas…
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Pipelines
China's Sinopec Corp has begun building the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more plants of similar size by 2025.
The state oil giant is one of the leading companies building pilot CCUS projects, which is part of the country's goal to reach peak carbon emissions by 2030.
The new CCUS project, which started…
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Pipelines
The US Department of Energy’s Office of Fossil Energy and Carbon Management announced more than $31 million (€31 million) in funding for 10 projects to develop carbon capture technologies.
These will be capable of capturing at least 95% of carbon dioxide (CO2) emissions generated from natural gas power plants, waste-to-energy power plants, and industrial applications, including cement and…
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Pumps
The German medium-sized company Stiebel Eltron expects to produce a record 80,000 heat pumps - an increase of 60% compared to the previous year.
The company is planning further investments of more than €600 million as production capacities will be expanded, research and development financed, and new jobs created.
"We have specialised in electricity-powered heat pump systems 'Made in Germany'.…
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Other
Trelleborg will discuss its world-leading liquified natural gas (LNG) transfer solutions and share some of its latest product developments at the Gastech Conference and Exhibition.
The event takes place from September 5-8 at the Fiera Milano exhibition centre, Milan.
As part of the main conference during Gastech, Trelleborg industry specialist, Andrew Stafford, technical director, will present…
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Venezuela's state oil and gas company PDVSA has restarted gasoline production at the country's second largest refinery after repairing a breakdown, five sources with knowledge of the operation said on Monday, according to Reuters.
The Cardon refinery's naphtha reformer, with a capacity of 45,000 barrels of oil per day (bpd), produces high-octane components for gasoline and is key to the…
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Lincolnshire County Council ruled a future planning application for a new site at Glentworth would not need an environmental impact assessment (EIA), even though it met some of the criteria, reported Drill or Drop.
The Glentworth oil field, between Market Rasen and Gainsborough, in the UK, was discovered in 1961. Records by the industry regulator show that oil has been produced at Glentworth,…
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Pipelines
Shell said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries, according to Reuters.
The Odyssey and Delta crude pipelines will be shut for planned maintenance early-to-middle of the month, Shell said in a statement.
The pipelines transport Heavy Louisiana Sweet crude from offshore oilfields and switching to other…
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Other
BP has reported its biggest quarterly profit for 14 years after oil and gas prices soared.
The energy giant saw underlying profits hit £6.9 billion (€8.2 billion) between April and June - more than triple the amount it made in the same period last year.
It comes as typical household energy bills have been forecast to hit more than £3,600 a year this winter.
The bumper profits have prompted…
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Canada could add over a million barrels per day (bpd) of oil export capacity to the US over the next two years.
Alberta Premier Jason Kenney made the announcement to a US Senate committee while also calling for a new cross-border oil pipeline.
However, federal Natural Resources Minister Jonathan Wilkinson said there was little discussion in Ottawa or Washington about a new oil pipeline, and…
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Pipelines
Snam, an energy infrastructure company based in Milan, Italy, and Enagas, Spain's energy provider, have teamed up to assess the viability of constructing an offshore gas pipeline.
The announcement came in the wake of Russian president Vladimir Putin's invasion of neighbouring Ukraine and the attendant shock waves rippling through the global energy industry. Up to now, Russia has been a major…
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Pipelines
Morrison Water Services, a part of M Group Services’ Water Division, is working in partnership with Yorkshire Water to deliver a drinking water spray lining programme, believed to be the first of its kind across the water sector in AMP7.
Targeting structural and water quality issues with the existing pipework, spray lining is part of a £2m (€2.3) programme targeting 14km of pipework over…
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Pipelines
A global supplier of technology for pipeline integrity management has won three packages for five years in Malaysia.
ROSEN Group secured the Pan Malaysia for Pipeline In-Line Inspection Services contract for PETRONAS.
The contract covers 200 pipelines for inspection in the five years with diameters ranging from 4 inches to 48 inches.
The contract covers nationwide and cross-country pipelines…
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Pumps
German energy services provider EWE is building an underground hydrogen storage facility.
Hydrogen will be stored in a cave around 1,000 metres deep in the salt rock beneath Rüdersdorf, near Berlin.
This will be the first time 100% pure hydrogen will be stored in this way.
EWE aims to study how this environmentally friendly energy carrier called HyCAVmobil (Hydrogen Cavern for Mobility) can…
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Pipelines
Essar Oil, which owns and operates the Stanlow refinery in Ellesmere Port, has signed an agreement with Liverpool John Lennon Airport for the direct supply of aviation fuel.
The new access agreement will allow Essar to supply fuel directly to airlines and marks another step in Essar’s growing aviation fuels business.
The deal brings Essar’s total number of access agreements to six airports…
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