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Pipelines are the unsung backbone of the global energy system–quietly moving billions of barrels of oil and trillions of cubic feet of gas with unmatched efficiency, reliability, and scale. In the U.S., they handle nearly 70% of all petroleum shipments, or over 14 billion barrels annually, without the headlines or volatility of seaborne trade. What makes pipelines indispensable isn’t just cost or carbon footprint; it’s continuity.
The Egyptian General Petroleum Corporation (EGPC) signed a strategic Memorandum of Understanding (MoU) with its partner, the Siemens, DNV, and EnExpert Energy Consortium. It aims to enhance safety levels and improve the efficiency, security, and sustainability of the petroleum pipeline network for crude oil and petroleum product transportation and storage.
Norway has major plans to expand its hydropower capacity through expansion projects and new developments. The Scandinavian country, which is well-known for its strong and diverse energy sector, recently announced plans to collaborate with the United States Department of Energy (DoE) to support research and development into hydropower in the two countries.
The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. This seemingly innocuous component can lead to a host of problems, including pipeline corrosion, hydrate formation that can obstruct flow, and a reduction in the heating value of the gas. For decades, our industry has worked tirelessly to refine the methods and technologies employed to remove this water, and the evolution of natural gas dehydrato
When people talk about oil majors, the same names always come up—Exxon, Chevron, Shell, Aramco. But geopolitics and barrel math don’t run solely on brand recognition. There’s a whole class of mid-tier players and state-run oil companies operating in the shadow of the supermajors—quietly shaping energy flows, regional alliances, and even global trade.
Upstream merger and acquisition (M&A) activity fell sharply in early 2025, although gas deals are proving attractive, according to new research from Rystad Energy Global deal value plunged 39% from the fourth quarter of 2024 to just US$28bn in the first quarter of 2025 – less than half the US$6bn recorded in the same period a year earlier. Although activity has picked up in Africa, Asia and the Middle East, it is not enough to make up for North America’s dominant activity.
China has broken ground on what promises to be the world’s largest hydropower dam, a giant project on the eastern edge of the Tibetan Plateau that underscores Beijing’s dual ambitions: securing energy independence and solidifying geopolitical leverage over one of Asia’s most important rivers.
Minister of Environment, Yasmine Fouad, submitted her resignation from the government, as she was appointed as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD). This appointment follows a distinguished national career as Minister of Environment from 2018 until her resignation was accepted. She is now preparing to assume her new responsibilities in climate and desertification issues at the United Nations, continuing her efforts to address global environmental
Minister of Environment, Yasmine Fouad, submitted her resignation from the government, as she was appointed as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD). This appointment follows a distinguished national career as Minister of Environment from 2018 until her resignation was accepted. She is now preparing to assume her new responsibilities in climate and desertification issues at the United Nations, continuing her efforts to address global environmental
Crude oil prices began trade this week with a modest gain after on Friday the European Union approved the 18th package of sanctions against Russia, targeting once again its energy industry with a lower price cap and specific sanctions against energy companies. Brent crude was trading at $69.35 per barrel at the time of writing, and West Texas Intermediate was trading at $67.52 per barrel.
By John Lee. KBR has announced the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon oil field in Iraq, extending the agreement for another two years. Under the contract, KBR will continue delivering EPCM services to support production targets, enhance operational efficiency, improve safety, and increase local content.
In 2022, the European Union slapped the Kremlin with sanctions on all coal exports, impacting a quarter of all Russian coal exports worldwide in response to Russian President Vladimir Putin’s invasion of Ukraine. The United States has also tightened its own sanctions on Russian coal companies in recent years as part of a unified Western front. Three years later, the Russian war in Ukraine rages on, but the coal sector is now showing serious cracks and is likely on the verge of collapse.
TechnipFMC secured an integrated engineering, procurement, construction, and installation contract for Equinor's Heidrun extension project in the Norwegian Sea.
Oil prices were little changed in early Asian trading on Monday following a week of losses, as traders digested the impact of fresh European sanctions on Russian oil exports and closely monitored progress in U.S. trade policy developments ahead of looming tariff deadlines. By midday in Beijing, Brent crude futures were slightly up at $69.39 per barrel and West Texas Intermediate (WTI) crude futures hovered around $67.53 per barrel, reflecting a muted reaction to last week’s developments.
Following the announcement on 15 April 2025, Tullow Oil has announced that Tullow Overseas Holdings BV, a wholly owned subsidiary of Tullow, has signed a sale and purchase agreement (SPA) … Read More The post KENYA: Tullow Oil Signs SPA for strategic sale of Assets to Gulf Energy Ltd appeared first on oilnewsafrica.
The energy storage sector is on the cusp of a revolution. As variable energies like wind and solar become more prevalent in global energy grids, energy storage becomes increasingly pivotal for maintaining energy security and grid resilience. But our current battery storage solutions have some major limitations that are holding the clean sector back.
SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $66.87 -0.7% Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS
The never-ending volatility in the Middle East took yet another turn for the worse this week, when the Druze community in Syria came under attack from some sections of the Bedouin tribes in Syria; the closer relations of the former with the state of Israel made an already tense situation even worse that almost bordered on a full-blown conflict, dragging another keyplayer in the region, Turkey, into it.
Asia’s run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June. Asia’s imports of the super-chilled fuel are estimated at 22.07 million metric tons in July, up from 21.
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Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs weighed on global economic growth. Brent crude futures rose 5 cents to $69.33 a barrel by 0040 GMT after settling 0.
Prime Minister Mostafa Madbouly held a meeting with some officials including Minister of Investment and Foreign Trade, Hassan El-Khatib to follow up on efforts to promote investment in the gold sector. The Prime Minister reaffirmed the government’s commitment to supporting investments, especially in gold, by providing more incentives and facilitations to attract investors to the mining sector and boost its contribution to the national economy.
As U.S. President Donald Trump has reignited the trade war with China, he is gutting federal government funding for foreign aid agencies and media outlets, in a move touted as an ‘America first’ approach by his Administration and slammed by Democrats and critics as damaging the U.S. soft power on the global stage. Following decades of efforts to build partnerships and influence, including with the promotion of democratic and free-economy values, the U.S. is now retreating, leaving a void that C
Iran, Britain, France and Germany could hold talks next week on Tehran’s nuclear programme, Iran’s semi-official Tasnim news agency reported on Sunday, following warnings by the three European countries that failure to resume negotiations would lead to international sanctions being reimposed on Iran.
KBR has secured a two-year extension of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field Under the contract, KBR will continue to provide comprehensive EPCM services to help BOC sustain production capacity, enhance operational efficiency, maximise local content, and progress continued safety improvements.
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