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Nigerian farmers, now dead, win $16m euros after long court battle against Shell

by Staff WriterTue 27 Dec 2022Tue 27 Dec 2022

The case was filed in 2008, and all four original plaintiffs are now dead; Court also asks the oil company to install new equipment to prevent further spills

Latest in oil pipeline

Iraq

Billions of dollars of oil theft in Iraq: Technology one potential solution, experts argue

by Nagham al-TamimiTue 8 Nov 2022Tue 8 Nov 2022

Iraq has been losing billions of dollars because of oil theft every year, but the Arab country’s experts say this can be prevented

Aramco Oil Pipelines Company

JPMorgan eyes $100 million payday on trade linked to Aramco deal

by BloombergThu 20 May 2021Wed 6 Oct 2021

The bank is poised to book gains on a hedging transaction with U.S. investment firm EIG Global Energy Partners LLC, which agreed last month to invest $12.4 billion in the pipelines

The world’s largest oil company is mulling asset disposals as a way of maintaining its $75 billion of annual dividend payments, almost all of which go to the Saudi government.

energy investments

Apollo, GIP bid for $10 billion Aramco pipeline stake

by BloombergTue 23 Feb 2021Wed 6 Oct 2021

Aramco said to be studying bids from multiple companies

OPEC’s third-largest oil producer and Israel have held their first natural gas and petroleum working group meeting

ADNOC

UAE, Israel start talks on energy cooperation as ties normalise

by BloombergThu 10 Dec 2020Wed 6 Oct 2021

Countries discussed ways to develop bilateral relations and cooperation in energy, petroleum and natural gas

crude oil

Saudi Aramco to finish pipeline expansion, reducing reliance on Hormuz

by BloombergThu 25 Jul 2019Thu 7 Oct 2021

About a fifth or the world’s oil production passes through the narrow Strait of Hormuz, but its vulnerability has been brought into focus in recent months as tensions between and the US and Iran escalated

Drone attacks on two of Saudi Arabia's oil pumping stations was reported on Tuesday.

Huthi rebels

Saudi Arabia accuses Iran of ordering oil pipeline attack

by AFPThu 16 May 2019Thu 7 Oct 2021

Saudi deputy defence minister claims Iran ordered drone attacks on two of its oil pumping stations on Tuesday

Tuesday's drone strikes hit two pumping stations on the kingdom's east-west pipeline.

Houthi rebels

Saudi Arabia restarts oil pipeline ops after drone attack

by BloombergWed 15 May 2019Thu 7 Oct 2021

Saudi Aramco says it has resumed operations at the pipeline after halting the flow of crude on Tuesday

Saudi Arabia's Minister of Energy, Industry and Mineral Resources, Khalid Al Falih.

damaged pipeline

Saudi Arabia says oil pipeline hit by drones attack

by AFPTue 14 May 2019Thu 7 Oct 2021

Saudi energy minister condemns attack on two pumping stations on a major Saudi oil pipeline

Adnoc, which produces about 3 million barrels of crude a day, will continue to manage operations.

Abu Dhabi

KKR, BlackRock said to plan $3bn loan for Adnoc pipelines

by BloombergTue 2 Apr 2019Wed 6 Oct 2021

KKR and BlackRock invested $4bn in Abu Dhabi’s oil pipelines – Adnoc will own 60 percent of the joint venture, while the private equity firms’ special purpose vehicle will hold the rest