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Worldwide Construction Update
Listed are major construction projects by processing and pipeline categories.
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Worldwide Construction - Pipelines
Worldwide pipeline information available here.
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EC move to boost strategic oil, gas stocks draws fire
The European Union is embroiled in controversy over proposals to increase mandatory levels for strategic stocks of oil and natural gas.
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Watching Government - Energizing China
The US should work harder to bolster energy ties with China, industry experts and academics told an Oct. 30 hearing of the US-China Economic and Security Review Commission.
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Iraq oil output to rise, despite sabotage, minister says
Even as Iraq's oil minister Nov. 17 touted his country's sales targets to Middle Eastern neighbors, saboteurs still appeared to hold sway over US-led efforts to restore the country's export potential to anything like its prewar capacity of an estimated 2.2 million b/d of oil.
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Northeast air regulator derides energy bill plan
The head of a US Northeast air quality group sharply criticized a pending energy bill before the US Congress at presstime last week, saying the measure does not address water contamination issues related to the fuel additive methyl tertiary butyl ether.
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Congress lets White House decide fate of Bristol Bay drilling under new law
Under new legislation signed Nov. 10 by US President George W. Bush, the US Congress lifted its objections to possible drilling in the federal waters of Alaska's Bristol Bay, although all other drilling moratoriums remain—including those that apply to the east and west coasts.
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Indonesia dispels LNG buyers' concerns after supply cuts
Indonesia is seeking to allay concerns of Japanese and South Korean LNG buyers after announcing a decrease in contracted supplies for December from ExxonMobil Corp.'s Arun natural gas facilities in the worn-torn province of Aceh.
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ExxonMobil fined $11.9 billion in gas royalty dispute
ExxonMobil fined $11.9 billion in gas royalty dispute
A jury Nov. 14 ordered ExxonMobil Corp. to pay $11.9 billion in damages to Alabama after finding the company committed fraud by underpaying gas royalties for Mobile Bay state leases.
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Energy executives stand firm on Russia opportunities
While many have voiced serious concerns about the recent arrest and detention of former OAO Yukos CEO Mikhail Khodorkovsky, several government and energy executives played down the controversial incident reiterating their commitment to energy development in Russia.
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Russian-Israeli deal could boost oil exports to Asia
Russia could see substantial increases in its exports of crude oil to south and east Asia following a strategic deal cut with Israel that will see as much as 1.1 million b/d of oil transiting the recently upgraded Trans-Israel Pipeline (Tipline).
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Company News - Williams selling its Alaska refinery, other assets
Williams selling its Alaska refinery, other assets
Williams Cos. Inc., Tulsa, is selling its Alaskan business interests, including its refinery, in three separate transactions to three companies for a total of $265 million, subject to closing adjustments.
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Industry praises MMS plan to revamp oil valuation rule
Industry praises MMS plan to revamp oil valuation rule
Four oil and gas trade groups largely embraced a recent US Minerals Management Service proposal to retool its final oil valuation rule, saying the plan promotes clarity and will minimally impact royalty revenues to the federal government and oil-producing states.
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PERSONNEL MOVES - Statoil names chair, deputy chair
Norway's Statoil ASA said the corporate assembly unanimously elected Jannik Lindbaek its chair and elected Kaci Kullmann Five as deputy chair. Kullmann Five served as acting chair for several weeks.
