India's Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue said.
A Trump Administration decision to add tariffs on Chinese-made pipe fittings and flanges has drawn strong support from a major U.S. manufacturer and supplier to the pipeline industry.
Northwest Pipe Company has expanded its footprint in a key market through the acquisition of Ameron Water Transmission Group, a major supplier of engineered welded steel pressure pipe and reinforced concrete pipe.
The pressure in natural gas pipelines prior to a series of explosions and fires near Boston was 12 times higher than it should have been, according to a letter from the state's U.S. senators to utility executives.
Russia’s crude production has jumped to a new post-Soviet record, boosting the nation’s budget revenue as it prepares for talks with OPEC+ on further cooperation, according to a government official.
The Permian basin isn’t the only oil field facing pressure from pipeline bottlenecks.
Tulsa, Okla.-based ONEOK said it will invest $295 million to expand its West Texas LPG pipeline system, which provides natural gas liquids takeaway capacity for Permian Basin producers.
OPEC highlighted a range of risks brewing in the global economy that could hurt oil demand as ministers prepared for a meeting on production policy, marking a shift from last month’s outlook.
The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO).
The price to access unexplored shale assets on the New Mexico side of the Permian basin soared to $95,001 an acre in a federal government auction, a record high for North America’s biggest oil field.
Production capacity of Zohr project, developed by the consortium of Eni, Rosneft, BP and Mubadala together with the Egyptian oil and gas companies, has been increased by more than 25% to more than 2 Bcfd.
The new leadership in Luanda is pushing ahead with wide-ranging reforms
Through the Water Infrastructure and Supply Efficiency organization, water providers are working together in Colorado to share in renewable water, well water, physical pipes, and treatment and storage assets while still maintaining independent jurisdictions.
When the Trump Administration imposed a 25% tariff on imported steel, it allowed companies to apply for exemptions if needed metals were unavailable in sufficient quality, quantity or in a reasonable time. But the process is proving slow and controversial as a deluge of applications has buried the small staff initially assigned to the task.
Saudi Arabia has denied reports that the partial privatisation of Aramco has been cancelled—but hasn’t said when it will happen
Norway’s Hoegh LNG has won a tender to supply a floating LNG import terminal for a consortium aiming to import liquefied natural gas to Australia’s east coast from 2020 in a push to boost local supply.