Russia’s Rosneft to invest $735M in Germany

      Russian oil and gas company Rosneft said Tuesday it will invest at least €600 ($526) million in the next five years in Germany, with a view to developing its business in the European country and consolidating its position as a “reliable partner.” “We are happy that Rosneft’s cooperation with European partners is not … Read more

Hilcorp plans $285M Alaskan investment in 2018

      Hilcorp is planning to spend roughly $285 million in Alaska during 2018, the oil and gas producer’s operations manager Chad Helgeson said earlier this month. This investment will be “holding pretty flat to where we were last year,” Helgeson said, the Peninsula Clarion newspaper reported. Of the $285 million, $83 million will … Read more

Ohio EPA troubled by HDD problems on Rover Pipeline

Rover PIpeline is continuing to have horizontal directional drilling (HDD) problems under the Tuscarawas River in Ohio, and that concerns the Ohio Environmental Protection Agency, Kallanish Energy finds. In a three-page letter, the state agency said it is troubled by the company’s recent loss of returns associated with the pilot hole installation under the river, in … Read more

FERC denies latest petition from Constitution Pipeline

The stalled Constitution Pipeline in New York State has once again failed to start. The Federal Energy Regulatory Commission has declined to overrule New York State, which has denied a needed water certification for the natural gas pipeline, Kallanish Energy reports. Last October, Constitution Pipeline Co. filed a petition with FERC, asking the commission to find … Read more

Developers launch EIA for Baltic Pipe gas project

      Polish gas transmission operator, GAZ-SYSTEM, and its Danish counterpart, Energinet, have started work on securing a positive Environmental Impact Assessment (EIA) for their proposed natural gas pipeline project, the Baltic Pipe. The firms promoting the project said earlier this week following the positive result obtained in the economic test for the Baltic Pipe, … Read more

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