Environmentalists who had hoped the Biden Administration would not support any oil and gas pipeline project have been shocked to the marrow as the administration has currently backed a natural gas pipeline project.
As Egypt and Israel collaborate to export fuel to Europe, they are planning to build an undersea natural-gas pipeline connecting the two countries.
The exports of natural gas have been banned by Texas Governor Greg Abbott until the normal power supply is restored.
The U.S. Energy Information Administration estimates that 2020 marked the first year that the United States exported more petroleum than it imported on an annual basis.
Canadian crude oil exports transported by rail soared by 87 percent on the month in November as producers had little else to do given the now chronic shortage of pipeline capacity in the country.
Nigeria played a key role in making India’s December crude soar to highest levels in nearly three years even as the African country has become the fourth biggest crude supplier to the Asian nation.
Nigeria’s newest crude grade called Anyala will soon arrive in Europe as the first export cargo of the crude is on its way to Northwest Europe.
Oil and gas supermajor Total has said it will not renew its membership in the American Petroleum Institute (API) for 2021 due to divergences with the main U.S. oil lobby over climate policies.
After halting oil imports from Iran and Venezuela due to President Trump’s imposed sanctions when he came to office in 2017, India will now begin to import from the countries again.
The Federal Government has signed a Memorandum of Understanding (MoU) with the Republic of Niger for the transportation and storage of petroleum products.