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
Companies

Ukraine to hold talks on TSO partnerships in late February

Ukraine will hold talks with TSOs interested in partnering with Ukraine’s TSO in the management of the country’s transmission system on 21-22 February.

12 February 2018
Mergers & Acquisitions

Africa Oil buys into South Africa’s Impact Oil and Gas

Canadian company Africa Oil has signed a deal worth $15 million to buy a 25.2% equity stake in South African company Impact Oil and Gas.

9 February 2018
Companies

CNPC clears 100 bcm gas production milestone in China

CNPC increased its domestic gas production by 5.3% year on year in 2017, to 103.3 billion cubic metres.

9 February 2018
Companies

Sound Energy to spud three gas wells in Morocco in 2018

UK-based Sound Energy will drill three new gas wells in Morocco this year, including TE-9 in July, TE-10 in September and TE-11 in November.

9 February 2018
Project Finance

Sonatrach plans $56 bln of investments

Algerian state-owned Sonatrach will invest $56 billion in various projects from 2018 to 2022.

9 February 2018
Project Finance

DNO to boost investment in Iraqi Kurdistan

Norway’s DNO will increase its investment in Iraqi Kurdistan by 50% in 2018, to $250 million.

9 February 2018
Companies

Gas Natural Fenosa targeting 1 mln extra customers in Mexico

Gas Natural Fenosa is aiming to add 1 million new customers to its gas distribution networks in Mexico over the next five years.

8 February 2018
Results

Total increases profits and production

French oil and gas major Total has reported an adjusted net income of $2.87 billion for Q4 2017, beating analyst forecasts.

8 February 2018
Companies

Engie and Sonatrach sign new agreement

France’s Engie has signed a new agreement with Algerian state company Sonatrach too boost cooperation.

8 February 2018
Results

Statoil Q4 results beats analysts consensus

Norway’s Statoil reported $4.0 billion in pre-tax adjusted earnings for Q4 2017 on Wednesday, beating the analyst consensus of $3.8 billion.

7 February 2018
Companies

Anadarko’s plan of development for Mozambique LNG gets green light

The plan of development for Anadarko’s 12 mtpa LNG plant in northern Mozambique was passed by the country’s Council of Ministers on Tuesday.

7 February 2018
Mergers & Acquisitions

Brussels OKs Edison’s acquisition of Gas Natural Vendita Italia

The European Commission has approved Edison’s acquisition of gas and power supplier Gas Natural Vendita Italia from Gas Natural Fenosa.

7 February 2018
Project Finance

YPF to invest $2.5 bln in Vaca Muerta during 2018

Argentine state-run YPF has said it plans to invest $2.5 billion in 2018 in projects targeting the Vaca Muerta shale formation.

6 February 2018
Companies

PTT signs memorandum with EGAT

Thailand’s PTT and the Electricity Generating Authority of Thailand have signed an MOU to collaborate on developing oil and gas businesses.

6 February 2018
Mergers & Acquisitions

Qatar Petroleum buys stake in South African offshore blocks

Qatar Petroleum has entered into an agreement with Total to acquire a 25% interest in exploration blocks in South Africa.

6 February 2018
Results

BP beats analyst forecasts in Q4 2017 thanks to higher production

BP reported $2.1 billion of underlying replacement cost profit for Q4 2017, beating the average analyst forecast of $1.9 billion.

6 February 2018
Companies

LNG Canada shortlists EPC consortiums for Kitimat LNG project

LNG Canada has shortlisted two EPC consortiums to build the planned LNG export facility in Kitimat, British Columbia.

5 February 2018
Companies

ONGC may delay KG block output

India’s Oil and Natural Gas Corp. could delay production from its biggest offshore project.

5 February 2018
Mergers & Acquisitions

Gazprom to up stake in South Stream Serbia

The board of Russia’s Gazprom will meet next week to discuss the purchase of further interest in South Stream Serbia.

5 February 2018
AWE’s Arrowsmith 2 well in the Perth Basin. Mergers & Acquisitions

Mitsui wins bid war for Western Australian gas producer

Japanese company Mitsui has made a successful bid for AWE in an effort to tap into growing gas demand in Western Australia.

5 February 2018

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