An lng bunkering ship in Rotterdam LNG

Total-Engie deal shows value in US upstream assets

Total’s acquisition of Engie’s LNG assets shows it has confidence in the sector, analysts say.

By Annemarie Botzki 23 November 2017
Exploration & Production

US E&P spending continues recovery from recession

International spending on exploration and production is set to increase by 14% to $533 billion this year, as activity continues to pick up after the recession, a new spending survey conducted by investment bank Dahlman Rose & Co said on Wednesday.

24 June 2011
Exploration & Production

Encana, PetroChina shale deal collapses

PetroChina Co. Ltd., the listed arm of China National Petroleum Corp. (CNPC), and Canada’s Encana, failed to reach agreement on a joint venture (JV) to develop shale gas assets in western Canada, Encana said in a statement late on Tuesday.

22 June 2011
Exploration & Production

Trinidad and Tobago's latest licensing results due

The results of Trinidad and Tobago’s latest licensing round are set to be announced next week, the country’s energy minister told Interfax on the sidelines of a conference in London today.

21 June 2011

Interview: BG Group's Martin Houston (Part II)

Martin Houston, the executive director, executive vice-president and managing director of Americas and Global LNG at BG Group, discusses the company’s continued growth within the US domestic market and the possibility of exporting from the Lake Charles facility in Louisiana.

8 June 2011
Exploration & Production

Shell plans Marcellus shale petrochemical plant

Royal Dutch Shell is planning to build an ethylene cracker plant in the Appalachian region of the United States (US) to process ethane from the prolific Marcellus shale gas formation.

7 June 2011

Petronas buys stake in Canadian shale gas plays

Malaysia’s Petronas has, this week, bought half of three Canadian shale gas plays for C$1.07 billion ($1.09 billion) from Calgary-based Progress Energy Resources and will discuss development of LNG export facilities in British Columbia.

3 June 2011
Exploration & Production

Marathon Oil doubles its Eagle Ford shale holdings

Marathon Oil Corporation has agreed to buy $3.5 billion worth of Eagle Ford shale assets from Hilcorp Resources Holdings.

2 June 2011

Hurdles remain for Cheniere US LNG export project

Cheniere Energy has received approval from the US department of energy for its proposed LNG terminal at Sabine Pass – but a number of hurdles to the project still remain.

26 May 2011
Companies & Finance

El Paso Corporation to spin off E&P business

Houston-based El Paso Corporation announced, on 24 May, that its Board of Directors has approved a plan to divide the company into two publicly traded businesses by the end of 2011.

25 May 2011

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