Four energy companies say they plan to build a natural gas pipeline in the remote U.S. state of Alaska and then ship liquefied natural gas to Asia. Officials from Exxon Mobil, ConocoPhillips, BP and TransCanada told Alaska officials late Wednesday the nearly 1,300-kilometer-long pipeline would run from the state’s North Slope energy fields above the […]
Energy Companies Planning Major Alaska Pipeline
Posted October 4th, 2012 at 1:55 pm (UTC-5)
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UAE Opens Oil Pipeline Bypassing Iran-Threatened Strait
Posted July 15th, 2012 at 4:20 pm (UTC-5)
The United Arab Emirates has opened a key overland pipeline that bypasses the Strait of Hormuz, giving the OPEC member insurance against Iranian threats to block the strategic waterway. The new 380-kilometer pipeline carries oil from fields in the UAE’s western desert to the city of Fujairah on the east coast. With an initial handling […]
Pakistan, India Sign Pipeline Deal With Turkmenistan
Posted May 23rd, 2012 at 11:00 am (UTC-5)
India and Pakistan have signed a long-awaited natural gas deal with the Central Asian nation of Turkmenistan, paving the way for the construction of a multi-billion dollar pipeline through Afghanistan. Top Indian and Pakistani officials traveled to Turkmenistan to formalize the natural gas sales and purchase agreements on Wednesday. Under the agreements, Turkmenistan, with the […]
US Says Natural Gas Pipelines Under Cyber Attack
Posted May 8th, 2012 at 2:40 pm (UTC-5)
U.S. security officials say that the country’s natural gas pipeline operators have been targeted in a series of cyber attacks over the last several months. The country’s Homeland Security agency said Tuesday the attacks involve “sophisticated spear-phishing” — fake emails that appear to be legitimate to employees at the natural gas companies –designed to try […]
Chinese Bank, Facing Sanctions, Quits Pakistan-Iran Pipeline Deal
Posted March 14th, 2012 at 2:42 am (UTC-5)
Pakistani officials are examining options to finance a controversial gas pipeline from Iran after a Chinese bank backed out of the project. The Industrial and Commercial Bank of China, which won a bidding contest for the right to finance the pipeline, has not explained why it is no longer interested. But a report this week […]
US Senate Fails to Approve Contested Canadian-US Oil Pipeline
Posted March 9th, 2012 at 4:15 am (UTC-5)
The U.S. Senate has failed to approve a measure that would have bypassed U.S. President Barack Obama’s rejection of a proposed oil pipeline from Canada to the U.S. Gulf Coast. The Republican-sponsored amendment to a federal transportation bill would have allowed Calgary-based TransCanada to move forward on the controversial Keystone XL pipeline without the administration’s […]
Oil Pipeline in Niger Delta Attacked by Militants
Posted February 5th, 2012 at 9:30 am (UTC-5)
Reports from the Niger Delta region of Nigeria say an oil pipeline has been attacked and left ruptured and burning. The Nigerian militant group that goes by the acronym MEND said it carried out Saturday’s attack on the Italian-owned pipeline. In an e-mail message to journalists, it promised more attacks on foreign-owned interests in the […]
India, Pakistan Near Deal on Gas Pipeline
Posted January 25th, 2012 at 12:15 pm (UTC-5)
Indian and Pakistani officials say they have come closer to an agreement on a pipeline that would transport natural gas from Turkmenistan through Afghanistan. Indian Oil Minister S. Jaipal Reddy said Wednesday that both sides have agreed to settle the issue of a transit fee for the gas as soon as possible. He made the […]
Obama Administration Rejects Controversial Pipeline Project
Posted January 18th, 2012 at 5:35 pm (UTC-5)
VIDEO: WEB: TYPE: CN )) The Obama administration has rejected a Canadian company’s proposal to build a controversial pipeline from northern Canada to the Texas Gulf coast. The State Department Wednesday recommended that President Barack Obama reject a permit for TransCanada’s proposed Keystone XL pipeline, saying the project does not serve the national interest. Officials […]
Obama Administration Rejects Controversial Pipeline Project
Posted January 18th, 2012 at 4:35 pm (UTC-5)
VIDEO: WEB: TYPE: CN )) adds audio)) The Obama administration has rejected a Canadian company’s proposal to build a controversial pipeline from northern Canada to the Texas Gulf coast. The State Department Wednesday recommended that President Obama reject a permit for the proposed Keystone XL pipeline, saying that the project does not serve the national […]
