May 18, 2022
Snam and Spain’s Enagas explore underwater gas pipeline options
Oil and Gas News
May 16, 2022
Pipelines
Saudi Aramco has registered its highest profits since its 2019 listing as oil and gas prices rise around the world.
The state-owned energy giant saw an 82% jump in profits, with net income topping $39.5 billion (€37.2 billion) in the first quarter.
The invasion of Ukraine has seen oil and gas prices skyrocket. Russia is one of the world's biggest exporters but Western... [Read More]
Oil and Gas News
May 16, 2022
Pipelines
Pressure on Europe to secure alternative gas supplies has increased as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a day after Ukraine stopped a major gas transit route.
Gas prices surged, with the key European benchmark gaining 12% as buyers were unsettled by the mounting threats to Europe's supply given its high dependence on Russia, Reuters... [Read More]
Oil and Gas News
May 13, 2022
Pipelines
The port of Rotterdam and the cluster of companies operating here can supply north western Europe with 4.6 million tonnes of hydrogen annually by 2030, it has been revealed.
The consumption of 4.6 million tonnes of hydrogen yields 46 million tonnes of CO2 reduction, and it increases Europe’s energy independence.
This hydrogen amount is the total the Port of Rotterdam... [Read More]
Oil and Gas News
May 12, 2022
Pipelines
Building a UK-wide delivery network for hydrogen has taken a step closer to reality with the SGN trial at Grangemouth in partnership with INEOS.
The trial which is funded by the Energy Regulator and gas distribution companies, will use hydrogen supplied by INEOS in a 29km section of decommissioned pipeline between the Grangemouth site and Granton.
SGN Director of... [Read More]
Oil and Gas News
May 12, 2022
Pipelines
Protos Biofuels, a project developed by Advanced Biofuel Solutions and Greenergy, announced its first municipal waste to advanced biofuels project has progressed into the front-end engineering design (FEED) phase.
Petrofac has been appointed to deliver the FEED, with Sumitomo SHI FW to supply the gasifier that converts the household waste into synthesis gas (syngas);... [Read More]
Oil and Gas News
May 10, 2022
Pipelines
Ellesmere Port in the north west could be home to the UK’s first ‘hydrogen village’.
Up to 2,000 properties in the Whitby area of the town will stop using natural gas for heating and cooking, and instead use hydrogen.
The proposal, put forward by gas distribution network Cadent and British Gas, and supported by Cheshire West and Chester Council, has been confirmed... [Read More]
Oil and Gas News
Apr 29, 2022
Pipelines
The American Petroleum Institute (API) has released two revised liquid pipeline leak detection standards to improve operational integrity and advance operators’ mitigation capabilities.
Published together because they address similar issues, Recommend Practice (RP) 1130, Computational Pipeline Monitoring for Liquids, and RP 1175, Pipeline Leak Detection—Program Management,... [Read More]
Oil and Gas News
Apr 28, 2022
Pipelines
Shell Brasil Petróleo has signed a Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field.
Shell paid $ 1.1 billion (€1.05 billion) to Petrobras for the increased stake in the field. With the contract now signed, Shell will start receiving its additional share of oil from the field.
“This transaction is the latest proof point... [Read More]
Oil and Gas News
Apr 27, 2022
Pipelines
Plans to create a CO2 network at Protos to capture some 800,000 tonnes of carbon emissions have been revealed.
Peel NRE, part of Peel L&P, has revealed its vision for a network of CO2 pipelines at Protos, the strategic energy and resource destination near Ellesmere Port.
The Protos CO2 network would connect to the regional CO2 pipeline, being developed as part of HyNet... [Read More]
Oil and Gas News
Apr 25, 2022
Pipelines
A pioneering energy project to gather vital evidence about the suitability of the existing gas network to transport hydrogen is underway in the South Bank area of Teesside.
Northern Gas Networks (NGN) is using a network of existing natural gas mains to carry out standard gas operational procedures under 100% hydrogen conditions for the first time.
The testing is taking... [Read More]
Oil and Gas News
Apr 22, 2022
Pipelines
The head of the regional government of Catalonia is confident a gas and green hydrogen pipeline from the north eastern Spanish region to France will be built this decade.
Russia's invasion of Ukraine has boosted political support in Spain for the Midi-Catalonia (Midcat) pipeline project, which was rejected in 2019 by French and Spanish regulators arguing it did not respond... [Read More]
Oil and Gas News
Apr 21, 2022
Pipelines
The second line of the China-Russia crude oil pipeline has doubled the yearly annual imports of crude oil from Russia to China from 15 million to 30 million tonnes since beginning commercial operations.
The pipeline, which measures over 800 kilometres and was constructed in a record 180 days, is exposed to extreme conditions.
To ensure accurate pipeline monitoring... [Read More]
Oil and Gas News
Apr 19, 2022
Pipelines
ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals.
The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 bpd starting in 2025.
“Yellowtail’s development further demonstrates the successful partnership between... [Read More]
Oil and Gas News
Apr 19, 2022
Pipelines
Russia’s invasion of Ukraine and its global repercussions has put major strains on oil markets but the recent action by the International Energy Agency (IEA) member countries to release unprecedented amounts of oil from emergency reserves has helped reduce the risk of a sharp deficit that would cause major economic disruptions.
Following the initial agreement on... [Read More]
Oil and Gas News
Apr 14, 2022
Pipelines
Uniper has signed an agreement with Shell to progress plans to produce blue hydrogen at Uniper’s Killingholme power station site in the east of England.
The hydrogen produced could be used to decarbonise industry, transport and power throughout the Humber region.
The Humber Hub Blue Project includes plans for a blue hydrogen production facility with a capacity of... [Read More]
Oil and Gas News
Apr 13, 2022
Pipelines
Aramco is expanding its global downstream presence with investments in Poland’s refining, wholesale and jet fuel marketing segments.
The Saudi Arabian oil company, the world’s largest integrated energy and chemicals firm, has agreed to acquire equity stakes of 30% in a 210,000 bpd refinery in Gdansk; 100% in an associated wholesale business; and 50% in a jet fuel... [Read More]
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