Keyword: pipeline
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http://news.independent.co.uk/world/asia/story.jsp?story=641172
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Alyeska Pipeline Service Co. officially incorporated a new, lighter hydraulic clamp into its trans-Alaska oil pipeline repair toolbox last week. The clamp is the invention of Alyeska and local engineering firms that found a better way to plug oil-spewing holes after a man shot the pipeline with a high-powered rifle in 2001, causing a $20 million clean-up bill. Alyeska employees practiced with the clamp for the first time last week as part of the company's regular training exercises. "I'm very pleased with what they have done," said Becky Lewis, the Department of Environmental Conservation pipeline section manager with the Joint...
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CALGARY, Alberta (Reuters) - Land-access disputes between oil firms and northern Canadian native groups must be solved in six to 12 months or the companies may drop plans for a C$7 billion ($5.6 billion) gas pipeline to focus on U.S. liquefied natural gas projects, a top analyst said Wednesday. Of the two major Arctic gas projects being proposed in North America, the Mackenzie Valley pipeline faces the biggest risk of being canceled due to its high-profile delays, said Tristone Capital analyst Chris Theal, author of a new 50-page report on the prospects for northern frontier gas. Mackenzie partners Exxon Mobil,...
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India’s Petroleum and Natural Gas Minister Mani Shankar Aiyar on Tuesday assured the Rajya Sabha that neither he nor the United Progressive Alliance government would be influenced by any “big power” in the world while taking a decision on the gas pipeline from Iran via Pakistan. Aiyar said that discussions were in progress with Pakistan and Iran on the project, which had sufficient scope for success, reported United News of India. The minister said he planned to go to Pakistan for additional talks on the issue. ‘’I have an invitation from Pakistan,’’ he said. He was responding to a query...
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China said to reject plan to cut off N.Korea oil 34 minutes ago WASHINGTON (Reuters) - China rejected a U.S. envoy's proposal to cut off North Korea's oil supply as a way to pressure the reclusive government to return to disarmament talks, The Washington Post reported on Saturday. Chinese government officials rebuffed the U.S. idea, claiming it would damage their pipeline, the newspaper said citing unnamed U.S. officials briefed on the talks. In a meeting in Beijing on April 26, U.S. Assistant Secretary of State Christopher Hill raised the suggestion of a "technical" interruption of fuel. But Chinese official Yang...
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CALGARY - The oil companies behind the $7-billion Mackenzie Valley natural gas pipeline announced Thursday they had stopped most work on the project, saying there hasn't been enough progress in resolving several key issues, including access. The pipeline partners said they remain committed to the project, but said progress has been so slow on bridging some differences that they are unwilling – at least for the time being – to commit more money. Imperial Oil leads four companies in Mackenzie Valley project The oil companies said they would stop project execution work like geotechnical data gathering, the start of...
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Energy officials from 12 Black Sea and Caucasus countries have pledged with the EU to development major energy networks, including new pipelines to Caspian Sea oil fields. Evripidis Stylianidis, Greece's overseas trade minister at the end of four days of meetings said on Saturday that the deal is a winner for everyone. "Pipelines are good for the economy, for the environment, and for international development - and that helps peace and stability in the region," he said. Oil companies and regional governments are keen to find alternatives to shipping Caspian oil through Turkey's busy Bosporus Strait, already used to transport more than...
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Woman Wins Pipeline Battle; War Not Over POSTED: 4:47 pm CDT April 22, 2005 UPDATED: 5:02 pm CDT April 22, 2005 WEATHERFORD, Texas -- Evelyn Connaway said a monetary offer to vacate home was not nearly enough. Besides, she said, the fight wasn't about money. A pipeline is planned to run through Connaway's Weatherford home. Enbridge Pipelines won an eminent domain case against Connaway and had her property condemned. When workers arrived at her house Friday morning, Connaway refused to move. "I still have my rights," COnnaway (pictured with stick) said. "They haven't taken them away from me. They're trying,...
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A Pipeline to Peace By GEORGE PERKOVICH and REVATI PRASAD Published: April 18, 2005 Washington — India's foreign minister visited Washington last week and met with President Bush, Secretary of State Condoleezza Rice and other top officials to discuss a range of mutual interests, from countering China's strategic clout to promoting economic growth and resolving tensions between India and Pakistan. Unfortunately, the Bush administration's obsession with Iran threatens to block a major initiative that could advance many of those goals. India and Pakistan are trying to overcome decades of mistrust by cooperating on a pipeline that would bring natural gas...
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LNG Import Terminals Will Not Result in High Natural Gas Prices Pseudictionary.com defines the term “pumping gas” as doing something airheaded. Thomas D. Elias, a Santa Monica based free lance journalist published in many California newspapers, must be pumping gas in his recent column “Decision means natural gas prices would stay high.” Thomas Elias disguises his knee-jerk anti-business world view by sending out a false alarm that “natural gas prices will likely stay sky-high in California forever” if Liquid Natural Gas (LNG) operators are permitted to build facilities off the California coastline and ship gas through regional gas lines throughout...
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While Congress debates whether to allow oil and gas drilling in Alaska's Arctic National Wildlife Refuge, a similar battle with much higher stakes is under way in northwest Canada. The $6 billion Mackenzie Pipeline project would open the Canadian Arctic for natural gas drilling and send the gas 800 miles south down the Mackenzie River Valley to Alberta. There, much of this fuel would be used to throttle up production in a huge but hard-to-tap supply of petroleum dispersed in underground gravel formations. These so-called oil sands hold petroleum reserves that are second in size only to Saudi Arabia's, and...
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Huge oil pipeline projects turns into reality 12.04.2005 - 09:57 CET | By Lisbeth Kirk While the size of the world’s remaining resources of oil is disputed, consumption is rocketing together with the prices. This has given a sudden boost to long-planned projects of building oil-pipelines across the continent aiming at securing access to important energy resources. Bulgaria, Greece and Russia are set to sign today (12 April) an agreement to build an oil pipeline from the Black Sea to the north Aegean, providing a new outlet for Caspian oil, according to the Financial Times. The 300 km long pipeline...
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HANNOVER, Germany Germany and Russia announced agreement Monday to build a North European Gas Pipeline under the Baltic Sea that will allow Russia's energy giant Gazprom to deliver gas directly to Western Europe and sharply reduce its dependence on its traditional transit routes through Ukraine and Belarus. The announcement of the agreement, which will give Gazprom a larger foothold in Europe's energy sector, was made by Chancellor Gerhard Schröder of Germany and President Vladimir Putin of Russia in Hannover at the opening of one of the world's largest international trade fairs
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A swelling tide of petroleum is set to pour out of Canada in coming years, freed from primordial sands for a journey to refineries in Illinois and northwest Indiana. Illinois is the main refining center and port of entry for oil from Canada, the largest supplier of petroleum to the United States. Now companies are proposing three new pipelines linking the Chicago area or Wood River, near St. Louis, both major refining and transshipment points, with Alberta oil sands fields more than 1,400 miles away. The estimated cost is nearly $3 billion.Canadian producers say that after satisfying the five refineries...
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Greece, Russia and Bulgaria to Sign Oil Pipeline Agreement Next Week, Official Says ATHENS, Greece (AP) -- The governments of Greece, Russia and Bulgaria will sign a multimillion dollar (euro) agreement next week for the construction of a trans-Balkan oil pipeline, a Greek official said Thursday. ADVERTISEMENT The 285-kilometer-long (177-mile-long) pipeline -- linking Bulgaria's port of Burgas to Greece's Alexandroupolis on the Aegean Sea -- will allow Russia to export oil through the Black Sea while bypassing the busy Bosporus Strait in Turkey. "The governments of Russia, Bulgaria and Greece agreed to sign the memorandum and the construction of the...
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Gov. Frank Murkowski still wants to present a natural gas project agreement to the Legislature before this session ends. That means he's stepping up negotiations with representatives from three entities that have gas line proposals, he said. But, in a Wednesday presentation, a spokesman for one of the three groups cast doubt that a negotiated agreement could be reached in time. "I think it will be difficult to meet that schedule," said Jack Griffin, ConocoPhillips Alaska vice president of external affairs. Griffin spoke during a meeting of The Alliance's Fairbanks chapter, an association of businesses that works in oil, gas...
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MOSCOW, March 29 (RIA Novosti) - Investment decision on the North European gas pipeline will be taken in September, Gazprom CEO Alexei Miller told journalists on Tuesday. "The investment decision on the North European gas pipeline will be taken in September and its construction will move to the investment phase," Miller said. The decision on the beginning of the construction was made at the Gazprom board meeting on November 18, 2002. The examination of the pipeline's 917-kilometer overland leg in Russia is under way. In the Vologda region, sites for compressor stations have been finalized and a preliminary version of...
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Poland tapping up Ukraine for oil From Warsaw Business Journal by Laurence Mackin A proposed pipeline bringing oil from Ukraine to Poland could come onstream within three years and pay for itself within eight. The chief executive of PERN, Wojciech Tabiœ, has proposed bringing Caspian Sea oil to the Baltic via an extension of Ukraine's Odessa-Brody pipeline. In an interview with Reuters, he said that the z³.2 billion extension needs a throughput of 15 million tonnes a year to be profitable. Originally, when Ukraine built the pipeline, it planned to ship Caspian crude to Gdañsk in Poland, but Kiev reversed...
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Rage over rising gasoline prices and increased oil imports should be directed at Bill Clinton and Senate Democrats. Had Bill Clinton not vetoed the 1995 budget, oil from the Arctic National Wildlife Refuge would now be providing nearly a million barrels per day to American markets--about the same amount we are importing from Saudi Arabia. In every Congress since 1995, Senate Democrats have killed every effort to utilize our own oil reserves. Finally, by the narrowest of votes (51-49), Senate Republicans passed the ANWR resolution which will not be vetoed by President Bush. Still, it will take another decade to...
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Never mind drilling in the Arctic National Wildlife Refuge. Alaska has three other major oil and gas issues on its plate, and each could significantly impact the state's economy for decades to come. ... * Companies that own the 800-mile trans-Alaska oil pipeline filed rate increases of as much as 28 percent for moving North Slope crude oil this year to the tanker port at Valdez. To the dismay of the owners, the Murkowski administration is asking federal regulators to squash the hikes as excessive. Higher pipeline transportation rates, known as tariffs, could slash the state's oil tax and royalty...
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