An LNG tanker at the Gladstone LNG project in Australia Companies & Finance

Private equity stalks Santos assets in Australia and PNG

Harbour Energy’s proposed takeover of Santos is symptomatic of the problems facing overcapitalised Aussie operators.

By Sally Bogle 16 November 2017
Companies & Finance

Alvopetro makes move on tight gas in Brazil’s Potiguar Basin

Canadian independent Alvopetro plans to invest $1 million to develop an onshore gas asset in northeastern Brazil

17 November 2017
Companies & Finance

Anadarko announces $150 mln boost for Mozambique LNG

Anadarko, the operator of Offshore Area 1 in Mozambique’s Rovuma Basin, plans to invest around $150 million next year to advance its LNG project in the north of the country.

17 November 2017
Companies & Finance

Wentworth to relocate to London

Wentworth Resources, a Canadian oil and gas company with interests in in Tanzania and Mozambique, is relocating its offices from Calgary to London

17 November 2017
Companies & Finance

Drilling at Rovuma block delayed by security issues

Preparations to drill Wentworth Resources’ new well in northern Mozambique have been delayed by the deteriorating security situation.

15 November 2017
Companies & Finance

Stockholm court extends timeline for Gazprom-Naftogaz ruling

The Stockholm Arbitration Institute has pushed back the dates on which it plans to make its final awards in the legal cases between Naftogaz Ukrainy and Gazprom.

15 November 2017
Companies & Finance

YPF plans $2 bln bond sale

Argentine state-run giant YPF plans to raise up to $2 billion in a bond sale to help finance the company’s $30 billion investment programme.

15 November 2017
Companies & Finance

Qatar Petroleum to acquire stake in Oman block

Qatar Petroleum will acquire a 30% participating interest in the exploration and production sharing agreement for Block 52 offshore Oman.

15 November 2017
Companies & Finance

Codelco looking to sell GNL Mejillones stake

Chilean state-owned company Codelco is seeking to sell its 37% stake in the country’s northern GNL Mejillones LNG terminal.

14 November 2017
Companies & Finance

Petrobras bounces back into profit in 9M 2017

Brazilian state-controlled Petrobras saw net profits of BRL 5 billion in the first nine months of 2017.

14 November 2017
Companies & Finance

EDF completes sale of Polish subsidiary assets

French utility EDF has finalised the €1.4 billion sale of the assets of its Polish subsidiary EDF Polska.

14 November 2017
YPF oil tanks in Catriel, Argentina. Companies & Finance

YPF should stop sweating over subsidies – analysts

YPF’s CFO was rattled by an apparent change in Argentina’s gas subsidy regime during a call last week, but experts say the executive should relax.

14 November 2017
Companies & Finance

Shell reduces Woodside stake

Shell has further reduced its stake in Australia’s Woodside Petroleum, raising $1.7 billion in the process, the Anglo-Dutch major said on Monday.

13 November 2017
Companies & Finance

Brazilian gas distributor reports sales recovery

Cosan, which controls Brazil’s largest gas distributor Companhia de Gás de São Paulo Comgas, has reported a recovery in sales.

13 November 2017
The Moomba gas plant in the Cooper Basin. Companies & Finance

Cooper Basin in frame as exploration, productivity rises

Australia’s Cooper Basin is seeing renewed interest as producers look for sources to supply the country’s eastern market.

13 November 2017
Companies & Finance

Petronet considers role in Qatari LNG expansion

India’s Petronet LNG is eyeing a stake in the planned LNG expansion projects in Qatar as the company seeks to diversify its portfolio.

10 November 2017
Companies & Finance

Haradh and Hawiyah gas project contracts signed

Saudi Aramco has signed agreements with companies to carry out work on the Haradh and Hawiyah gas projects.

10 November 2017
Mocimboa da Praia, close to the planned L Companies & Finance

Downplaying Mozambique attacks will not comfort investors

By ignoring the significance of the attacks in northern Mozambique, the government shows a lack of preparedness for the major social upheaval LNG projects will bring.

10 November 2017
SNOC will moor an FSRU outside Hamriyah port. Companies & Finance

SNOC to relocate Hamriyah FSRU, delaying FID

Sharjah National Oil Co.'s plans to relocate its FSRU outside of Hamriyah port will delay FID to next year and increase the project's costs.

10 November 2017
Libya’s Mellitah  gas compression  station. Companies & Finance

Libya’s NOC moves to boost gas production

Libya is seeking to increase domestic gas production to meet rising demand and prevent damaging blackouts.

10 November 2017
Companies & Finance

Pemex logistics unit asks for compensation from gas regulator

Pemex’s logistics unit has asked Mexico’s gas regulator to pay MXN 27.9 billion in compensation for undervalued pipelines and other assets.

9 November 2017

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