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Abu Dhabi Crude Oil Pipeline (ADCOP) project, which will bypass the Strait of Hormuz is nearly complete with first oil to flow before the end of the year.

Plans for TransCanada Corp.ºÚÁÏÉç™s Cushing MarketLink crude oil pipeline are still underway, whilst the 800 000 bpd newbuild Wrangler pipeline is under evaluation following the reversal decision.

A £47.5 billion business opportunity is opening up for companies in decommissioning the North SeaºÚÁÏÉç™s huge infrastructure of offshore oil and gas fields according to new research to be published by Deloitte and Douglas-Westwood.

QGC Pty Limited, developer of the Queensland Curtis LNG Project, has awarded a A$19.5 million contract to Australian firm Transfield Services for gas field work in the Surat Basin of Queensland.

American Petroleum Institute has launched a campaign against punitive taxes on the industry.

A new national US poll shows strong support for Canadian oil supply.

Protesters are said to have scaled a drilling rig at Cuadrilla resourceºÚÁÏÉç™s Bank site to protest at the shale gas exploration in the area.

OAO Gazprom, and of BASF SE have signed a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation.

BPºÚÁÏÉç™s chief executive Bob Dudley ahs declared that BP has reached a turning point and is now profitable after the last disastrous year that it has been through following the Macondo oil spill.

Fluor Offshore Solutions unit as been awarded a FEED contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for new offshore facilities located at the Nasr Field.

The Clough AMEC joint venture has been awarded a two-year contract extension by ConocoPhillips to provide operations and maintenance services to the Bayu Undan facilities located in the Timor Sea. The contract extension has an estimated value of AU$100 million.

Proposals previously blocked by environmental groups have gained traction as planned Ohio diesel and jet fuel refinery switches from coal to natural gas. Also includes a round up of other US refining news.

Leighton Offshore has been awarded a US$ 518 million contract which forms part of the Crude Oil Export Facility Reconstruction Project (the ºÚÁÏÉç˜Sea Line ProjectºÚÁÏÉç™), which is financed and supported through the Japanese Official Development Assistance (ODA) Loan by Japan International Cooperation Agency (JICA).

CanadaºÚÁÏÉç™s National Energy Board (NEB) has approved an application by KM LNG Operating General Partnership (KM LNG) for a licence to export liquefied LNG from Kitimat, British Columbia to markets in the Asia Pacific region.

Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report.