ConocoPhillips' Darwin LNG plant. Project Finance

Bonaparte LNG in focus as Santos targets Asia

Santos has returned its focus to Australia’s Bonaparte Basin as growing Asian demand brings opportunity to the area.

By Sally Bogle 23 February 2018
People

Chinese experts to review Pakistan’s progress on joint projects in March

Three groups of experts from China will visit Pakistan in March to check the progress of energy projects in the China-Pakistan Economic Corridor.

16 February 2018
Results

Eni boosts profits and reduces upstream costs

Italian oil and gas major Eni has reported adjusted operating profits of €1.99 billion for Q4 2017, beating analysts’ estimates of €1.91 billion.

16 February 2018
Results

Gazprom pipeline exports keep growing in 2017

Gazprom managed significant increases in piped gas exports to Germany, Turkey and Austria in 2017.

16 February 2018
Loading a cargo at PNG LNG. Companies

PNG LNG could supply AGL’s FSRU – analyst

AGL’s plans for an FSRU could see Australia’s east coast receiving LNG from Papua New Guinea.

16 February 2018
Khalid al-Falih, Saudi energy minister Companies

Saudi Arabia and Russia enter new era of cooperation

If Novatek and Saudi Aramco team up to develop LNG projects, it could herald a powerful new partnership.

16 February 2018
Companies

Botswana CBM-fired power plant to be re-tendered

Botswana’s 100 MW Lesedi CBM power project will be put out for tender again following a decision by the Public Procurement and Asset Disposal Board.

15 February 2018
Mergers & Acquisitions

Woodside investment in Scarborough field estimated at $12.5 bln

Woodside Petroleum’s acquisition of ExxonMobil’s stake in the Scarborough gas field could see it invest US$12.5 billion in the Scarborough and Browse fields.

15 February 2018
Companies

Sonatrach and Saipem to end Arzew LNG plant dispute

Sonatrach and Saipem have signed an agreement to end a legal dispute over the LNG plant at Arzew in Algeria.

15 February 2018
Companies

Kogas owes Woodside money for North West Shelf – Coleman

Woodside's chief executive has that Kogas owes money to the North West Shelf project.

14 February 2018
Mergers & Acquisitions

Woodside to buy Exxon’s stake in Scarborough gas field

Woodside is to buy ExxonMobil’s 50% stake in the Scarborough gas field offshore Western Australia for up to $744 million.

14 February 2018
Companies

Saudi Aramco to sign agreement with Russian LNG project

Saudi Aramco will sign an agreement on Wednesday on a partnership with a Russian LNG project.

14 February 2018
Companies

Gazprom files arbitration claim against Uniper

Gazprom has filed a new arbitration claim against Germany’s Uniper in connection with the terms for gas deliveries in 2018.

14 February 2018
Production is declining at Myanmar’s offshore Yetagun and Yadana fields. (Total) Project Finance

High cost of LNG poses problem for Myanmar

Myanmar’s government could struggle under the high cost of subsidising LNG if the country’s planned import projects are all built.

14 February 2018
People

Gazprom planning major overhaul of its export operations

Gazprom plans to reorganise its export operations, including marketing and trading, over the next two years, the Russian gas giant has said.

13 February 2018
A PetroVietnam rig offshore Vietnam. Project Finance

Southeast Asia set for $28 bln investment wave

Rystad Energy expects $28 billion of investment to be approved for the region by the end of 2020.

13 February 2018
Mergers & Acquisitions

Faroe sells 17.5% stake in Fenja development

Faroe Petroleum has sold a 17.5% working interest in the Fenja development in the Norwegian Sea to Suncor Energy Norge.

13 February 2018
Project Finance

DEA to spend $500 mln in Egypt over next three years

Germany’s DEA has said it will spend $500 million in Egypt over the next three years.

12 February 2018
Companies

Kogas enters arbitration with NWS company

South Korea’s Kogas has entered into arbitration proceedings with Australia’s North West Shelf Gas company to settle a dispute over pricing.

12 February 2018
Companies

Pemex liquidity ‘still weak’ despite bond issue – Moody’s

Moody’s has said the liquidity position of Pemex is “still weak”, despite the Mexican state-run company issuing $4 billion of bonds.

12 February 2018
Joko Widodo Mergers & Acquisitions

Pertamina-PGN merger inches closer to completion

Indonesia has cleared another hurdle in its efforts to create a unified gas player, but some obstacles remain.

12 February 2018

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