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Companies

Japan seeing boost to power trading as new companies seek low-cost supply

Power trading is taking off in Japan as new entrants force the old regional monopolies to become more competitive

11 June 2018
Project Finance

Japan offers loans to encourage infrastructure exports

Japan is looking to offer generous loans to meet its infrastructure export target of ¥30 trillion by 2020.

11 June 2018
Companies

Mozambique to sign gas exploration agreement with Rosneft and Exxon

Mozambique intends to sign a deal with ExxonMobil and Russia’s Rosneft to explore for gas in the north of the country.

11 June 2018
The port of Pemba in Mozambique, site of an LNG logistics base People

Militant threat halts work on Mozambique LNG

Oil and gas companies operating in northern Mozambique have suspended work while they assess the growing security threat.

11 June 2018
Project Finance

Bangladesh earmarks nearly $3 bln for power and energy over 2018-2019

Bangladesh’s Finance Ministry has allocated $2.9 billion for the development of the power and energy sector in its 2018-2019 budget

8 June 2018
Gazprom’s Dutch subsidiaries include Turkish Stream’s project company Mergers & Acquisitions

Naftogaz ups the ante in Gazprom arbitration saga

Naftogaz Ukrainy has been given permission by a Dutch court to freeze Gazprom assets in the Netherlands, but its next steps remain in question.

8 June 2018
Mergers & Acquisitions

Exxon may sell stake in Tanzania’s Block 2 to focus on Mozambique

ExxonMobil is looking to sell its 35% stake in Tanzania’s undeveloped Block 2 deepwater field so it can focus on the far bigger Area 4 development offshore Mozambique

8 June 2018
A Qatargas LNG vessel Project Finance

Qatar crisis has limited impact on gas exports

Qatar’s diplomatic spat with its Middle Eastern neighbours has entered its second year, but the overall effect on the country’s exports has been limited.

8 June 2018
Results

CNPC’s output to be 55% gas by 2030 – report

Gas will make up 55% of CNPC’s domestic output by 2030.

7 June 2018
Companies

Total unlikely to re-enter Indonesia’s Mahakam block

Total is unlikely to re-enter the Mahakam block in Indonesia.

7 June 2018
Project Finance

SK E&S signs up to build LNG infrastructure in the Philippines

SK E&S has signed a letter of intent with the Philippine Department of Energy to build LNG infrastructure.

7 June 2018
Companies

Sound Energy awards Morocco FEED contract

Sound Energy has signed an agreement for the FEED contract for a pipeline and facilities to commercialise gas discoveries in eastern Morocco.

7 June 2018
Mergers & Acquisitions

Engie moves further away from fossil fuels with Langa acquisition

Engie has bought independent renewable energy company Langa Group.

7 June 2018
People

Malaysian finance minister reports ‘suspicious’ payments by former govt

The government of former Malaysian Prime Minister Najib Razak made large upfront payments to a subsidiary of CNPC for two pipeline projects that remain largely unfinished.

6 June 2018
Companies

Keppel receives contract for Singapore bunkering vessel

Keppel Offshore & Marine has received a contract to build Southeast Asia’s first LNG bunkering vessel for FueLNG.

6 June 2018
Companies

Woodside and Alcoa look to renewables to reduce gas consumption

Woodside Petroleum and Alcoa are looking to renewables to reduce their gas consumption and help transition to a low-carbon future.

6 June 2018
Mergers & Acquisitions

Appeals court suspends sale of Petrobras’s TAG pipeline network

Petrobras has said that an appeals court has suspended the sale of gas pipeline company TAG.

6 June 2018
The Shell-led Malampaya project in the Philippines Project Finance

Majors fight for sanctity of Malampaya contract

The joint venture partners are in disagreement with the Commission on Audit over the payment of income tax on the project.

6 June 2018
Project Finance

Singapore port authority backs LNG bunkering vessels

The Maritime and Port Authority of Singapore will provide FueLNG and Pavilion Gas with funding to construct LNG bunkering vessels.

5 June 2018
Companies

Sinopec subsidiary and China Gas Holdings enter infrastructure JV

Great Wall Gas has entered into a JV and cooperation agreement with China Gas Holdings to develop local gas infrastructure in Nanjing.

5 June 2018

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