News

$30 Billion Oil Pipeline to Be Built from Russia to India through Northwest China

Talks on the construction of the Russia to India oil pipeline project should conclude by mid-2014, officials from ONGC said. Thus, Russia is changing its energy export policy vector as strong demand for hydrocarbons, both in China and in India, one of the largest economies in the world, continues to grow. The benefits are obvious, including those in connection with India

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Uganda, Kenya to build world

Should Uganda and Kenya finally build a crude oil export pipeline, it will be the longest heated such facility in the world. According to a report released last month by Tullow Oil Plc, both countries have agreed to build the pipeline and have commenced a comprehensive study on the pipeline.

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Pemex Bids to Keep All of Mexico

Petroleos Mexicanos, the fifth-largest crude producer, is seeking to retain all of Mexico

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Lukoil Starts Iraq Oilfield as Output Reaches 35-Year High

Lukoil started producing crude from Iraq

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Azerbaijan offers Iraq access to Europe gas pipelines

Azerbaijan has offered Iraq access to the « Southern Gas Corridor » connecting the Caspian Sea to the European Union to help Baghdad sell natural gas to Europe, Baku’s foreign minister said Monday. Elmar Mammadyarov told journalists in the Iraqi capital that officials in Baghdad had already expressed interest in joining the massive project, which is supported by the United States and aims to reduce Europe’s dependence on gas from Russia. « It’s a huge project … and it’s open if ...

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MDU Resources Eyes More Interest For Bakken Gas Pipeline

MDU Resources Group Inc is looking for more natural gas producers to sign up to use capacity on a planned $650 million pipeline that would transport the fuel through North Dakota to Minnesota, the company’s chief executive said on Monday. The company in January launched a 120-day period for prospective customers of the pipeline to sign supply agreements to transport natural gas. « We’re encouraged by the reaction of the marketplace, but I’d be getting ahead of myself if ...

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US Approves Natural Gas Pipeline To Mexico

U.S. energy regulators approved a plan by a unit of Energy Transfers Partners LP to build a natural gas pipeline from Texas to Mexico. The U.S. Federal Energy Regulatory Commission issued a presidential permit to Energy Transfer

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Bulgaria Plans Gas Pipeline To Turkey

Bulgaria plans a gas pipeline connection to Turkey in order to diversify its natural gas resources. An announcement by the Bulgarian authorities in Turkey

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