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Companies

Toshiba to sell off US LNG supply deals

Japan’s Toshiba has started talks with several buyers to sell off its LNG supply deals in the United States.

13 August 2018
Companies

Sonatrach in trading JV talks with 14 companies

Sonatrach is in talks with 14 companies as part of its plan to form a joint venture to trade oil and gas products.

13 August 2018
Project Finance

Polish gas pipeline secures EU funding

A plan for a gas pipeline to link regions in southern Poland has secured in EU funding.

13 August 2018
A Vattenfall coal-fired power plant in Germany Results

Higher fuel and carbon prices helping ‘green’ utilities

European utilities with high exposure to renewables and nuclear are gaining from the rise in power, gas and carbon prices.

13 August 2018
Mergers & Acquisitions

South Pars 11 contract unchanged despite reports – Iranian oil official

A contract for the development of Phase 11 of South Pars in Iran remains unchanged despite claims CNPC had taken over Total’s share of the project, according to an Iranian oil official.

13 August 2018
A field of wells in Romania Companies

Domestic priorities trump export hopes in SE Europe

A proposed law on offshore production in Romania is the latest example of how countries in Southeast Europe self-sabotage their desire to become regional hubs.

10 August 2018
A wellpad in Papua New Guinea Companies

Work continues in PNG as fiscal regime talks progress

IOCs are still developing projects in Papua New Guinea despite the regulatory uncertainty surrounding fiscal terms.

10 August 2018
Companies

Chiyoda to develop AI to boost productivity at Donggi Senoro LNG

Japan’s Chiyoda has agreed to develop artificial intelligence software to improve the productivity of Indonesia’s 2 mtpa Donggi Senoro LNG plant.

9 August 2018
Companies

CNOOC starts work on 10 loading facilities at Hainan

CNOOC started construction on 10 LNG truck-loading facilities at its terminal on the island province of Hainan on 4 August

9 August 2018
Mergers & Acquisitions

SOCAR interested in buying EWE’s Turkish assets

State Oil Company of Azerbaijan Republic is interested in buying German company EWE’s assets in Turkey.

9 August 2018
Gazprom’s annual general shareholders meeting in June 2018 Results

Gazprom straining to keep pace with rivals

The Russian monopoly is committed to a big borrowing plan for 2018, but is facing challenges on multiple fronts.

8 August 2018
Companies

Vedanta to win as many as 40 blocks in Indian acreage auction

Vedanta is expected to secure as many as 40 oil and gas exploration blocks in India’s first open acreage auction

8 August 2018
The Dapeng LNG terminal in China Companies

China shows its intent with new open access guidance

New guidelines for third-party access to China’s oil and gas infrastructure underscore Beijing’s desire for more independent companies to invest in critical supply assets.

8 August 2018
Project Finance

Gazprom suspends borrowing plans

Gazprom has suspended plans to borrow money from Western banks via London.

7 August 2018
Results

Daqing Oilfield produces 21 mt in H1

CNPC’s Daqing Oilfield subsidiary produced 20.68 mt of oil and gas from domestic and overseas fields in H1 2018

7 August 2018
Project Finance

Ireland needs LNG to replace falling gas output – Irish Academy of Engineering

Ireland needs to build an LNG terminal among other measures to guarantee its future energy security.

7 August 2018
Imran Khan, Pakistan’s prime minister-elect. (PA) Project Finance

Pakistan PM plans to complete Iran-Pakistan pipeline

Pakistan’s financial troubles mean Imran Khan will struggle to expand access to energy, including via the development of the Iran-Pakistan gas pipeline.

7 August 2018
A power plant in Tunisia People

IOCs should hire according to need – ETAP official

The Tunisian NOC’s head of strategy talks to Interfax Natural Gas Daily about local content and progress on the Nawara gas pipeline.

7 August 2018
Results

Sempra Energy reports $561 mln loss

California-based Sempra Energy posted a $561 million loss in Q2.

6 August 2018
Project Finance

Japan agrees to closer ties with China on Belt and Road infrastructure projects

Japan has agreed to develop closer economic ties with China targeting infrastructure projects in the region as part of Beijing’s Belt and Road initiative.

6 August 2018

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