Midstream
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other.
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The court said it was mindful of the disruption the shutdown will cause but said the seriousness of deficiencies from the US Army Corps of Engineers outweighs the negative effects of shutting down the pipeline.
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CB&I Storage Solutions joins a list of contractors working on the Trans Mountain Expansion Project.
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The deal follows BP’s divestment of its global petrochemicals business in late June.
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Supreme Court upholds ACP’s controversial permit to lay pipe under national forest and across two states.
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The court ruling comes less than a month after TC Energy announced plans to proceed with construction of the Keystone Pipeline.
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A US judge canceled a key permit for the Keystone XL oil pipeline that is expected to stretch from Canada to Nebraska, another setback for the disputed project that got under way only recently following years of delays.
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Both platforms offshore assets were shut in following a leak in ExxonMobil's 100,000 B/D pipeline system.
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The $8-billion pipeline project has been held up for years, but amid a historic price crash, the Canadian government is stepping in with funding to support exports.
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A federal judge ordered the US Army Corps of Engineers to conduct a full environmental review of the Dakota Access pipeline, nearly 3 years after it began carrying oil despite protests by people who gathered in North Dakota for more than a year.