Business news

Hydratight has launched an updated emergency pipeline repair system to offer better disaster planning and contingency services to operators and contractors.

As the booming supply continues to overturn prices, pipeline companies have emerged as some of the most successful crude traders in North America.

The two African countries have reached an agreement to ship crude oil from Niger’s Agadem field for export through the Chad-Cameroon pipeline.

With the rapid rise in demand for LNG from Asia, the Australian coalbed methane (CBM) industry is booming. But could competition from US and Chinese shale gas frustrate Australian ambition?

In just one month, time will have come around again: wire 2012 and Tube 2012 will be presenting technology highlights from their respective sectors in the exhibition halls on the Rhine in Spring 2012.

Ng Weng Hoong covers China: increased deal-making on permanent US$ 100/bbl oil, geo-political instability and financial crises.

As long as there is uncertainty over the gas supply sources, it seems a final investment decision on Nabucco gas pipeline project cannot be made.

A soil survey for the route for the planned Trans Adriatic Pipeline (TAP) near the coast of Albania is under way.

Under unclear circumstances over what happened to the initial tender, the Kenya Pipeline Company has embarked on a fresh tendering process for replacement of the aged Mombasa-Nairobi pipeline.

Austin Exploration Ltd has resolved to raise up to approximately $20 million to fund a new drilling campaign in the Eagleford and Niobarra shale areas. The company plans to raise the funds through a share placement and a shareholder share purchase plan.

The American Petroleum Institute has called the President’s approach to energy security a Jekyll and Hyde approach and says it hurts consumers.

American Fuel and Petrochemical Manufactures has criticised President Obama’s proposed energy tax increases.

Russia’s natural gas export monopoly, OAO Gazprom, has claimed that slated pipeline projects, such as seabed lines directly to the EU, will eliminate the country’s reliance on Ukraine to transit the fuel to Europe.

Cabot Oil & Gas Corporation has announced a new joint venture with Williams Partners L.P. to develop and construct a large diameter pipeline, specifically designed to transport Cabot's Marcellus production to both the New England and New York markets.

Shah Deniz, the consortium developing a natural gas field offshore Azerbaijan, has narrowed down its options for carrying that gas to Europe.