Gas set to shine as African nations wake up to potential

The Cinderella of energy, natural gas, is at last taking to the stage across Africa as countries embrace it as a cheap source of energy. By 2017 Africa had proven natural gas reserves of 503.3 trillion cubic feet, according to the International Energy Agency. Until recently however, it was oil that was the focus of...

EUGAL Pipeline: 292 km of the project awarded to Bonatti and Max Streicher

Gascade, a subsidiary of BASF and Gazprom, has awarded the construction of 6 lots of the EUGAL Gas Pipeline to the Joint Venture between Bonatti and Max Streicher. The Pipeline will be powered by the Nord Stream 2, the gas transport network that connects Siberia to the heart of Europe via the Baltic Sea. The...

Qatar Petroleum in talks over potential German LNG terminal

FRANKFURT (Reuters) - Qatar Petroleum, the world’s top supplier of liquefied natural gas (LNG), is talking to German energy firms Uniper and RWE about cooperating on a potential local LNG terminal, its chief executive told a paper. “We have a serious interest in participating in a German LNG terminal and are talking to Uniper and...

Kinder Morgan Canada shareholders vote to sell Trans Mountain pipeline to Ottawa with project in limbo

Kinder Morgan Canada shareholders voted overwhelmingly Thursday to approve the sale of the Trans Mountain pipeline and expansion project to the Canadian government for $4.5 billion. The vote comes shortly after the Federal Court of Appeals quashed the federal government's approvals to build the massive project, handing a huge victory to Indigenous groups and environmentalists...

Even with the overwhelming support of the Trump administration there is no assurance in the United States that the Keystone XL Pipeline will ever be built. Last week a federal judge has ordered the State Department to conduct a more thorough review of the pipeline’s proposed pathway after Nebraska state regulators changed the route, raising...

Angola Drops One More Rig – Africa Oil+Gas Report

Angola’s rig activity has shrivelled even more, with Seadrill’s West Eclipse, which was drilling for ExxonMobil on Block 15, completing its two year contract in June 2018 and leaving the country. The number of rigs active in the country will thus drop to four rigs, drilling in the same number of locations. ExxonMobil is still...