Norway’s ‘largest and longest’ oil pipeline in place

It is 283 kilometres long and extends from the Mongstad oil terminal to the giant Johan Sverdup field in the North Sea

BP to sell North Sea pipelines to INEOS for $250m

INEOS is to buy the Forties Pipeline System (FPS) and associated facilities from BP. The chemical firm has agreed to pay BP up to $250 million (£199.5m) for the business, with half up-front and half coming over the next seven years. The 235-mile FPS links 85 North Sea oil and gas assets to the UK […]

Plans for controversial oil pipeline resubmitted

Plans for a controversial oil pipeline have been resubmitted in the US. TransCanada’s application to the US Department of State for the approval of the Keystone XL pipeline comes just days after President Donald Trump signed an order that allowed the firm to reapply for the permit. The pipeline was initially rejected in 2015 by then-President Barack Obama based on environmental concerns. […]

Keystone XL pipeline ‘will raise fuel prices’

Donald Trump’s go-ahead for the construction of the Keystone XL pipeline will increase fuel prices in the Midwest. That’s the view of non-profit group Consumer Watchdog, which claims the project is also likely to bring fewer jobs, referring to its 2013 analysis. The comment comes as the US President signed an executive order for the […]