News

China’s first shale gas pipeline coming from CNPC

June 24, 2013 China National Petroleum Corporation (CNPC) will construct China’s first shale gas pipeline, which will be capable of carrying more than 150 million cubic feet of natural gas a day. The pipeline will stretch 57 miles from the Sichuan province to the Yunnan province, where it will connect with an existing pipeline. The gas will come from wells in the Changning black and be transported to the Shuanghe gas processing station, Platts reported. CNPC ...

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Vallourec announces new U.S. plant dedicated to meet North American oil and gas market

June 18, 2013 Vallourec announces the dedication of its new pipe mill to serve, in particular, the North American market for production of shale hydrocarbons. Located in Youngstown (Ohio, United States), within the existing Vallourec Star facility, the new unit further expands the range of Vallourec products manufactured in North America. With an initial annual production capacity of 350 000 t of small diameter seamless tubes, the new mill represents an investment of $ 1.05 billion and employs 350 ...

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EU Files WTO Complaint Over China Steel Dispute

June 14, 2013 The European Union has filed an official complaint against China

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South Korean firms to build Cameroon oil pipeline

June 11, 2013 South Korean firms agreed to an engineering consortium to build a 176 mile oil pipeline in Cameroon, the Dow Jones Newswires reported. The chief of Petroleum Products S.A. and Cameroon’s energy and water minister Basile Atangana Kouna signed a memorandum of understanding for the project June 6. Financial details of the project weren’t disclosed to the public. According to the Dow Jones Newswires, the pipeline is scheduled to run from Limbe, the country’s southwestern Atlantic ...

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Petrobras starts production from Lula Northeast field

June 10, 2013 Petroleo Brasileiro SA (Petrobras) reported the start of oil and gas production from the 7-LL-11-RJS well in Lula Northeast field offshore Brazil. The well, which was drilled on Block BM-S-11, is connected to the Cidade de Paraty floating production, storage, and offloading vessel, which has the capacity to process as much as 120,000 bo/d and 5 million cu m/day of gas. The FPSO is anchored in 2,120 m of water. Production, which began June ...

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Sudan ‘orders halt to oil transfers’ from South Sudan

June 08, 2013 Sudan’s President Omar al-Bashir has ordered the stoppage of oil transfers through its territory from South Sudan from Sunday, state media report. Oil only started flowing again in April after the two sides struck a deal. President Bashir said in May that Sudan would stop the flow of oil if South Sudan continued to support rebels operating on Sudanese soil. The Sudanese army is fighting a rebel insurgency in at least three regions. ...

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Kinder Morgan cancels Freedom crude oil pipeline

June 06, 2013 Kinder Morgan Energy Partners announced May 31 it canceled plans for a crude oil pipeline project designed to run from Texas to California. According to The Associated Press, Kinder Morgan canceled the Freedom pipeline project, consisting of a mix of converted natural gas pipelines and new construction, because there weren’t enough refineries interested in the project. The $2 billion project would have carried as many as 277,000 barrels of oil per day. Valero Energy Corp. ...

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British Columbia rebuffs Northern Gateway pipeline

June 03, 2013 An important westbound route for Canadian bitumen has met new official resistance in the province it would cross. The government of British Columbia said evidence presented in federal hearings failed to allay its concerns about the proposed Northern Gateway pipeline project between Edmonton, Alta., and Kitimat, BC. In its submission to the Joint Review Panel, the provincial government said Northern Gateway, a subsidiary of Enbridge Inc., hasn

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