State power utility Saudi Electricity Co. is currently the only offtaker of power in Saudi Arabia. (Saudi Electricity Co.) Companies & Finance

Saudi Arabia presses on with power privatisation

Saudi Arabia’s power sector reforms will shift the state power utility into the role of system operator, but the constant changes are taking their toll.

By Verity Ratcliffe 26 April 2017
Companies & Finance

Russia will discuss Gazprom-OMV Norge deal next month – Donskoi

Russian Natural Resources Minister Sergei Donskoi will discuss Gazprom’s acquisition of a stake in OMV Norge with Norwegian officials at the end of May.

21 April 2017
Companies & Finance

Saipem sees its future in the renewable sector

Italian oil and gas industry contractor Saipem is ready to open new lines of business beyond the oil sector, which is facing high levels of uncertainties.

21 April 2017
Companies & Finance

Brussels clears acquisition of Energhe unit by Duferco

The European Commission has approved Duferco’s proposed acquisition of sole control over a business unit of Energhe.

20 April 2017
ConocoPhillips is considering developing a second train at its Darwin LNG plant. (ConocoPhillips) Companies & Finance

IOCs look upstream for second train at Darwin

Major global companies are working together to develop assets off the northwestern coast of Australia that could support a second train at Darwin LNG.

20 April 2017
Companies & Finance

Petronas hoping to gain from Malaysian liberalisation

Malaysia’s Petronas hopes to gain from leasing agreements once contracts under the new Gas Supply Act 2016 come into force later this year.

19 April 2017
Companies & Finance

Petronas Dagangan still set on exiting Vietnam

Malaysian company Petronas Dagangan will proceed with its plans to exit the Vietnamese market.

19 April 2017
Companies & Finance

Edison to sell 7.4% stake in Rovigo LNG terminal and pipeline

Edison is selling its 7.3% stake in Italy’s Rovigo LNG terminal and the 70 km pipeline that connects it to the national grid

19 April 2017
Companies & Finance

Tokyo Gas buying stake in Pennsylvania power plant

Tokyo Gas is purchasing a 33% stake in the Birdsboro power plant, which is being built in Pennsylvania.

18 April 2017
Companies & Finance

ConocoPhillips to sell San Juan Basin assets

United States major ConocoPhillips has agreed to sell assets in the San Juan Basin on the border of Colorado and New Mexico to affiliate Hilcorp Energy for up to $3 billion.

18 April 2017
BP operations in the North Sea. The company has a 50% stake in the Rhum field. (BP) Companies & Finance

UK puts an end to Rhum gas field saga – BEIS

Iranian Oil Company has received funds related to its share of the output from the Rhum gas field in the North Sea earned while Iran was under international sanctions.

18 April 2017
Companies & Finance

Schlumberger to invest with YPF in Vaca Muerta

Houston-based oil services provider Schlumberger will invest $390 million in the Vaca Muerta shale field in Patagonia alongside Argentina’s state-run energy company YPF.

13 April 2017
Companies & Finance

Libya’s NOC lifts force majeure at Wafa field

Libya’s NOC has lifted the force majeure on production from the Wafa field in the west of the country.

13 April 2017
Companies & Finance

Global upstream M&A hits $136 bln in 2016

Mergers and acquisitions in the upstream oil and gas sector amounted to $136 billion in 2016, Evaluate Energy has reported.

13 April 2017
Hassi Mouinas gas drilling, Algeria. Investing in rewneables could free up more gas for export to Europe. (Statoil) Companies & Finance

EU wants role in Algeria’s energy transformation

EU investment in Algeria could be key to freeing up more gas for export, but a more stable regulatory framework may be needed first.

13 April 2017
Bonny Island LNG, Nigeria. An FID for the plant’s seventh train is due in 2020. (Shell) Companies & Finance

Talks begin on Nigeria LNG Train 7 volumes

Representatives from Nigeria LNG have met IOCs to discuss the sale of volumes from the planned 4.3 mtpa seventh train at Bonny Island.

13 April 2017
Companies & Finance

Borealis Infrastructure signs up for GNL Quintero stake

Borealis Infrastructure has signed an agreement to purchase a 34.6% stake in Chilean LNG terminal operator GNL Quintero.

12 April 2017
Companies & Finance

CNPC to establish Middle East headquarters in Dubai

CNPC has agreed to establish its Middle East headquarters in Dubai, the company said on Tuesday.

12 April 2017
Companies & Finance

Gazprom subsidiary forms JV for Yamalo-Nenets project

Gazprom subsidiary Gazprom Dobycha Yamburg and Russian businessman Artem Obolensky’s RusGazDobycha have registered a 50/50 JV.

12 April 2017
Sinopec’s Fuling shale gas field in Chongqing will help supply more gas as it ramps up. (Sinopec) Companies & Finance

Chongqing must diversify sources of gas demand

Chongqing needs to diversify its gas users as the municipality’s demand is too closely tied to its chemicals sector, experts say.

12 April 2017
Companies & Finance

Saudi Arabia in talks with IOCs on gas investments

Saudi Arabia has entered talks with IOCs – including BP, Chevron and Eni – regarding partnerships on gas developments in the kingdom and abroad.

11 April 2017

About 6,002 article(s)

1 2 3 4 301