Shell warns of LNG under-investment
Demand for LNG will continue rising, Shell expects, leading the company to warn of a supply shortage by the mid-decade.
Demand for LNG will continue rising, Shell expects, leading the company to warn of a supply shortage by the mid-decade.
Botswana has stressed the importance of permitting and environmental regulations in comments around Reconnaissance Africa’s plans – and a prohibition on hydraulic fracturing.
Acteon’s UTEC will begin survey work in April on the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
The Nigerian military has committed to providing “maximum security” for the country’s oil and gas assets.
Cheniere Energy has set out plans to provide greenhouse gas emissions data from its LNG cargoes as of 2022.
Collaboration in the North Sea “has gone backwards” as companies squeeze suppliers in an effort to control costs.
LNG deliveries to Ghana’s east can beat local supplies on price and resolve issues around unsatisfactory infrastructure, Pangaea Risk has said in a briefing note.
Petrofac has completed the integration of Kuwait Oil Co.’s (KOC) new Crude Oil Control Centre.
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.
Lamprell has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco on the Marjan field.
Kuwait Energy has tested the ASH-3 well in Egypt at 6,379 barrels per day of oil and 6.7 million cubic feet per day of gas.
EnerMech has opened an office in Mozambique’s capital and appointed Celestino Maússe to act as country manager.
Nigeria’s Department of Petroleum Resources (DPR) has launched the Oil and Gas Search, Rescue and Surveillance (SeRAS) centre in Lagos.
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
BlackRock’s Global Energy & Power Infrastructure (GEPIF) will acquire all publically held shares of GasLog, taking the LNG carrier private.
South Africa’s Sasol has made progress in righting its progress, putting it on the right direction for a greener, cleaner future.
Algerian President Abdelmadjid Tebboune has carried out a reshuffle, appointing a new energy minister.
Israel has warned its citizens against going to the country’s Mediterranean Sea beaches as tar balls wash up on land.
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
Shell faces another legal battle stemming from Nigeria, with a court ordering banks to freeze company assets.
Frontier will hold its NextGen Energy Summit on February 25.