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Project Finance

Singaporean company investing in Punjab gas infrastructure

Singapore’s Think Gas Investments will invest in gas distribution infrastructure in India’s Punjab province.

23 November 2018
Companies

African Petroleum relinquishes Sierra Leone blocks

African Petroleum has relinquished its interest in two licences off the coast of Sierra Leone.

23 November 2018
Project Finance

Oil and gas revenues bring $220 million to Senegal in 2017

Senegal earned XOF 127 billion ($220 million) in revenues from oil and gas last year.

23 November 2018
Companies

Subsea 7 sanctioned by Equatorial Guinea government

Equatorial Guinea’s oil minister has ordered petroleum companies operating in the country to cease doing business with UK-based Subsea 7.

23 November 2018
Gas infrastructure belonging to Romanian state-owned Romgaz Project Finance

Self-serving Romania tests Brussels’ patience

Romania’s Transgaz has received an EU grant for its ambitious grid expansion. But while the EU give funds, the government takes special dividends.

23 November 2018
Caribbean FLNG will be renamed Tango FLNG. Companies

Argentina takes first step towards LNG exports

Argentina is set to start exporting its gas via an FLNG unit, but a larger liquefaction project will be needed to absorb its rising output.

23 November 2018
Project Finance

MEPs wants €7.68 bln for energy under CEF 2021-2027

The European Parliament's energy and transport committees have voted in favour of allocating €7.68 billion from the CEF fund to energy network projects.

22 November 2018
Project Finance

Algeria plans major investments in energy to 2022

Algeria will invest $75 billion in its energy sector between the end of this year and 2022.

22 November 2018
Results

Binhai station has supplied 52 MMcm since Tianjin terminal connection

CNPC’s Binhai transmission station in Tianjin supplied 52 MMcm of gas in the first 10 days following its connection to Sinopec’s Tianjin LNG terminal.

22 November 2018
Companies

Fortescue Metals and CSIRO aim to develop Australian hydrogen industry

Fortescue Metals Group will establish a five-year partnership with Australia’s CSIRO to support the development of a hydrogen industry.

22 November 2018
Mergers & Acquisitions

Tanzania gas field farm-out negotiations extended

Talks on the farmout of 50% of Aminex’s working interest in the production-sharing agreement for the Ruvuma Basin in Tanzania have been extended.

22 November 2018
Project Finance

PetroChina’s Turkmenistan investment hits $7 bln

PetroChina has invested $7 billion in projects in Turkmenistan to date.

22 November 2018
ConocoPhillips’ Bayu Undan platform in the Timor Sea Mergers & Acquisitions

Shell exit from Greater Sunrise paves way for Chinese

East Timor has bought Shell's stake in the Greater Sunrise project, giving it a majority share and puting more impetus behind the project's development.

21 November 2018
Results

Market conditions to allow China NOCs to continue to cut debt ratios in 2019 – Fitch

China's three NOCs will be able to further cut their debt ratios in 2019, Fitch Ratings has said.

20 November 2018
Companies

CNPC has sold 1 bcm to Guangxi region so far this year

CNPC had sold 1 billion cubic metres of gas in southern China’s Guangxi region this year as of 5 November

20 November 2018
Companies

Engie to buy gas from Romania’s Black Sea fields

Engie has signed a gas sales agreement with Romanian independent Black Sea Oil & Gas for volumes from the Midia project

20 November 2018
Mergers & Acquisitions

Ineos in exclusive talks with Conoco over UK North Sea portfolio

UK chemical company Ineos is in exclusive talks with United States major ConocoPhillips to acquire the American company’s assets in the UK North Sea.

20 November 2018
A drillship in Israel’s Leviathan field Companies

Jordan’s appetite for pipeline imports to weigh on LNG

Recent agreements for pipeline volumes will likely give Jordan a stronger position in negotiations for new LNG purchases.

19 November 2018
Project Finance

Libya needs $60 bln to revive its oil and gas industry – NOC chairman

Libya needs $60 billion of investment to rebuild its domestic energy industry, Mustafa Sanalla, chairman of the country’s National Oil Corp., has said.

16 November 2018
UAVs can be used to inspect rigs Companies

IOCs aim to cut production costs with drones

Harnessing new technologies such as drones and renewable energy will help IOCs to drive down the cost of producing oil and gas.

16 November 2018

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