The gas regulator station in Beni Suef, Egypt Companies

Gas liberalisation prompts Cairo to look at UGS

As Egypt liberalises its gas sector, grid operator GASCO is seeing a growing need for storage facilities.

By Verity Ratcliffe 23 April 2018
Companies

Dangote to convert Tanzanian cement plant to run on gas

Dangote Cement plans to convert its Tanzanian plant to use gas by the end of May

18 April 2018
Results

Woodside boosts revenue by 30% in Q1 2018

Australia’s Woodside Petroleum increased its revenue by 30% year on year in Q1, to $1.17 billion

18 April 2018
Project Finance

Eni planning major investment in Algeria – Descalzi

Eni plans to invest “billions” in Algeria over the next three years, Reuters has reported the company’s chief executive as saying

18 April 2018
Mergers & Acquisitions

Total to buy Direct Energie for $2.1 bln

Total has agreed to buy French power and gas utility Direct Energie in a $2.1 billion deal

18 April 2018
Results

Oil Search revenue drops by 14% in Q1

Oil Search saw its revenue drop by 14.2% year on year in Q1 2018, to $295 million,

17 April 2018
Mergers & Acquisitions

Pertamina subsidiary merger will be completed in four months

Indonesian NOC Pertamina expects to complete the merger of its Pertagas and Perusahaan Gas Negara subsidiaries within four months

17 April 2018
Companies

Eni and Sonatrach reinforce ties

Algerian NOC Sonatrach and Italian major Eni have signed a series of joint development agreements,

17 April 2018
Project Finance

China has strong incentive to widen Panama Canal

China, which is now receiving one out of every four US LNG cargoes, has provided more than $150 billion in loans to Latin America since 2005.

16 April 2018
Companies

Trinidad’s National Gas Co. to resume supplies to Caribbean Nitrogen

Trinidad & Tobago’s National Gas Co. has reached an agreement to resume supplying gas to Caribbean Nitrogen.

13 April 2018
Companies

Naftogaz ready to go to court against Gazprom – Petrenko

Naftogaz Ukrainy will take Gazprom to court to recover its losses if the Russian company fails to fulfil its gas transit obligations

13 April 2018
Companies

Slovenia to sign five-year gas supply contract with Gazprom

Geoplin, Slovenia’s largest gas trader, will sign a five-year supply contract with Russia’s Gazprom on Friday

13 April 2018
Project Finance

US must invest $150 bln in infrastructure to monetise gas

The United States needs to invest $150 billion in infrastructure to ensure it fully monetises the country’s growing gas production.

12 April 2018
Mergers & Acquisitions

Indonesia completes transfer of majority stake in PGN to Pertamina

Indonesia’s government completed the transfer of its majority stake in PGN to Pertamina on Wednesday.

12 April 2018
Companies

Fitch upgrades Naftogaz to B- from CCC

Fitch has raised its rating for Ukrainian state-owned Naftogaz Ukrainy from CCC to B- with a stable outlook

12 April 2018
Companies

ONGC and Reliance in discussions for Bay of Bengal gas

Indian companies ONGC and Reliance Industries have started discussions with buyers to sell gas from fields in the Bay of Bengal.

12 April 2018
Companies

Mubadala signs PSA for Indonesian Andaman 1 field

Abu Dhabi’s Mubadala Petroleum has signed a production-sharing agreement for Indonesia’s Andaman 1 gas field.

12 April 2018
Mergers & Acquisitions

EC approves Total’s $1.5 bln takeover of Engie’s LNG business

The European Commission has approved French major Total’s takeover of Engie’s upstream LNG business, it announced on Thursday.

12 April 2018
Companies

Indian consortium wins licence to explore offshore Israel

A consortium of four Indian state-owned companies has been awarded a licence to explore for oil and gas in Israeli waters

12 April 2018
Mergers & Acquisitions

Shell subsidiary sells down interest in Mahanagar Gas

Shell’s wholly owned subsidiary BG Asia Pacific Holdings has sold down its interest in Bombay Stock Exchange-listed Mahanagar Gas

12 April 2018
Mergers & Acquisitions

Croatia chooses consultants for INA buyout

A consortium has been selected to advise on Cronatia's potential buyout of Hungarian oil and gas company MOL’s stake in state energy company INA.

12 April 2018

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