Nigeria seizes over 198 000 litres of stolen crude oil
Nigeria has experienced numerous cases of oil theft and pipeline damage in the past few years, prompting the government to take tough action.
Business news
Advertisement
Bahrain sells stake in key oil pipeline to BlackRock
Bahrain has sold a minority stake in a key oil pipeline that transports crude from Saudi Arabia to BlackRock Inc. as the Gulf鈥檚 smallest economy looks to monetise energy assets.
Process Vision to present at GPA Midstream Conference on pipeline video technology
鈥楶ipeline videos help improve gas quality鈥�, to be presented at GPA Midstream Convention in September 2024 by Process Vision.
TC Energy's CAN$1 billion pipeline stake sale delayed
TC Energy's CAN$1 billion deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed, reports Reuters.
EIA: natural gas pipeline capacity from the Permian Basin is set to increase
Natural gas pipeline takeaway capacity in the Permian Basin will soon increase as the Matterhorn Express Pipeline, with a capacity of 2.5 billion cubic feet per day, is expected to begin service this month.
Pembina Gas Infrastructure to acquire Veren's midstream assets
The acquisition includes four batteries in the Gold Creek and Karr areas, boasting a natural gas handling capacity of 320 million ft3/d.
EIA expects oil prices to increase despite concerns over economic growth and petroleum demand
The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.
More Business news news
Exclusive: Delek Logistics Partners selects CruxOCM for gathering system control centre operations automation
CruxOCM, a provider of co-pilot technology for the energy sector, has announced that Delek Logistics Partners, a prominent player in the energy industry, has chosen CruxOCM for its control centre operations automation.
Motive Offshore acquires Acteon Group鈥檚 Aquatic
Motive Offshore acquires Aquatic, previously owned by Acteon.
Oil and gas operators encouraged to adopt AI in light of rising costs
Element is urging those who look after the maintenance of plant and equipment on offshore platforms, within oil refineries, and in petroleum pipelines, to explore the potential of AI technology to help reduce downtime.
Bentley Systems acquires 3D geospatial company Cesium
Combination of Cesium plus iTwin offers developers the most comprehensive digital platform for the built and natural environment.
ptc 2025 marks 20 years of pipeline innovation in Berlin
The Pipeline Technology Conference (ptc) will celebrate its 20th anniversary in Berlin from 5 - 8 May 2025.
FFL Partners announces the sale of Ovarro to Indicor LLC
FFL Partners agrees to sell its investment in Ovarro to Indicor, LLC, a leading diversified industrial company specialising in mission-critical technologies across various niche markets.
Matterhorn natural gas pipeline moving some gas, say Permian Resources executives
The Matterhorn natural gas pipeline in Texas was moving small amounts of gas from the Permian basin in West Texas toward the Gulf Coast, reports Reuters.
Phillips 66 divests natural gas assets to Voyager Midstream
The sale forms part of Phillips 66's strategy to monetise non-core assets and streamline operations, details GlobalData.