August 10, 2010 |
In 1977, one of the engineering marvels of the modern world made its debut: the trans-Alaska pipeline, 48 inches of steel traversing 800 miles, three mountain ranges and more than 800 rivers and streams. In its heyday in the 1980s, the pipeline carried as much as 2.1 million barrels of oil a day from America's largest oil field at Prudhoe Bay to the port of Valdez. Alaska was transformed into a petro state with an oil savings account worth $33.3 billion. Today, however, the pipeline is carrying only about 660,000 barrels of oil a day, and production from the North Slope's aging fields is set to steadily decline over the next decade.
August 13, 2008 |
Russia's invasion of neighboring Georgia has raised doubts about the security of oil and gas pipelines that cross through the former Soviet republic and the wisdom of further investment in the transport lines. The foray also put an emphatic stamp on Russia's growing influence over the region's natural resources and, by proxy, over Europe.
July 29, 2007 |
Two men were sentenced to death for masterminding a plan to steal oil from an underwater pipeline, a botched plot that caused an estimated $53 million in damages, China's state news agency reported. The court heard that a gang drilled into what they thought was an oil pipeline in the Shengli oilfield in Shandong in June 2005. It turned out to be a natural gas pipeline, and the leak was not discovered for nearly a year. The gang stole about 65 barrels of oil by drilling into another pipeline.
July 11, 2007 |
A leftist guerrilla group claimed responsibility Tuesday for a series of bombings of pipelines operated by Pemex, Mexico's national oil company, and authorities moved quickly to protect the nation's oil and gas industry from further attacks. The Popular Revolutionary Army, or EPR, said in a communique that it would continue its bombing campaign until the government disclosed the whereabouts of two EPR members said to have disappeared last year in the southern state of Oaxaca.
March 16, 2007 |
Russia, Greece and Bulgaria signed a deal to build a 175-mile pipeline to transport Russian oil to a port in northern Greece, a pact that the three governments hailed as helping to secure Western oil supplies. The pipeline from Bulgaria's Black Sea port of Burgas will transport crude to the port of Alexandroupolis. The project will improve networks in southeastern Europe that transport oil and gas from the Caspian Sea region to the European Union.
February 4, 2007 |
Operators of the trans-Alaska oil pipeline hope a scraping device will push out a piece of metal 20 inches in diameter that's been missing in the pipeline since December. A pipeline cleaning device known as a scraper or paraffin pig broke apart inside the pipeline in December between pump stations just north of Fairbanks and near Delta Junction, about 100 miles to the south. Most of the pieces have been recovered, but a stainless steel ring that holds other pieces in place has not been found.
January 10, 2007 |
A Russian-Belarusian oil dispute that has shut down a key pipeline carrying crude oil to European customers may drag on long enough to force Moscow to cut production, Russian President Vladimir V. Putin said Tuesday. The bitter spat between the longtime allies led to a cutoff Monday in the flow of oil across Belarus, prompting complaints from European officials.
January 10, 2007 |
The trans-Alaska oil pipeline was temporarily taken off-line after workers found a spill of up to 500 gallons of crude oil. The cause turned out to be a loose fitting on a pipe, which was quickly tightened. The pipeline's operator, the Alyeska Pipeline Service Co., began the process of restarting the pipeline about six hours after shutdown, spokesman Mike Heatwole said. The oil spilled from an aboveground section of the pipeline at a remote gate in the Brooks Range in northern Alaska.
January 9, 2007 |
A dispute between longtime allies Russia and Belarus over oil taxes escalated Monday, leading to a cutoff in the flow of crude oil through a pipeline serving European customers. Officials in Minsk, the Belarusian capital, issued conflicting statements as to whether Belarus had intentionally cut off the flow of oil through the Druzhba (Friendship) pipeline, which crosses Belarus to link Russia and the European Union.
January 1, 2007 |
Divers sealed a broken oil pipeline after about 44,500 gallons leaked into the Gulf of Mexico, the Coast Guard said. The spill about 30 miles south of Galveston, which started Dec. 24, was expected to have minimal effect on the environment. The oil continued to move away from land and was quickly dispersing, the Coast Guard said.