US calls on Iran to release oil tanker seized in Gulf of Oman
The US called for the immediate release of an oil tanker it says Iran seized in international waters on Thursday.
The US called for the immediate release of an oil tanker it says Iran seized in international waters on Thursday.
Including delivery and feedstock prices, Golar LNG has said its FLNG technology can deliver gas into Europe or Asia at $3-5 per mmBtu.
The region owes Gulf Keystone $102mn, for supplies from October 2022 to January 2023. Kurdistan paid $66mn for August and September 2022 sales.
Frank’s was private until August 2013. It continued to pay bribes after going public, the SEC said. While public, the company won another five contracts while using its sales agent.
The most significant step will be a special dividend of $575 million. The first tranche will come in May, with a return of around $450mn. A second payment of $100mn will come in the fourth quarter.
Speaking this morning at a media roundtable, Wintershall CEO Mario Mehren said the company was focused on two strategic priorities. “Diversification, through moderate growth for our E&P business. And decarbonisation, by building up our carbon management and hydrogen business.”
“Ecopetrol certainly needs to grow its portfolio,” they said. “The strong emphasis on energy transition, the position to not seek new exploratory contracts and the idea of becoming a relevant power generator player” are debatable, they wrote.
The project could create 10,000 jobs in Morocco during construction, of which 2,000 will be permanent. In the UK, Xlinks believes it could create 1,350 permanent jobs.
Among the company’s plans, it sees gas as playing an important part. The company took final investment decision (FID) on the Akatara gas project in June 2022. It is 28% complete and should reach first gas in the first half of 2024.
Congolese Oil Minister Bruno Jean Richard Itoua signed a security agreement for Marine XII on March 20. The government approved a fiscal agreement on LNG production for the licence in December 2021.
Facing questions in Parliament, Mitchell said that France’s efforts to evacuate its people “they were shot at as they came out through the embassy gateway, and I understand that a member of their special forces is gravely ill”.
A letter, signed by the Chadian president’s secretary general, Gali Ngothe Gatta, said a number of “Cameroonian personalities” had flocked to Savannah. The company and its backers were interfering with Chadian officials, he said.
PIAC reported that total petroleum revenues to the government reached $1.43 billion in 2022, the highest on record. However, production declined to 51.76 million barrels in the year, around 142,000 barrels per day, down 6% from 2021.
Exxon has explored in Liberia in the past. It acquired the rights to Block 13 in 2013 and drilled the Mesurado-1 well in 2016.
"Fighting hasn't stopped, so it remains a dangerous & risky operation. The Airport is closed & all routes are not risk free."
Support for doing deals has been buoyed as a result of the European gas supply crisis, the CEO said. “There's an appreciation that we're going to need hydrocarbons and I think the money markets are seeing that as well,” he said, even while “trying to get an RBL from a bank is not going to happen”.
The UK, it seems, still has some way to go before achieving the dream of being bigger, faster and better than the global competition – but it is a marathon, rather than a sprint.
The work should take about two months, it said. Once the FSO Safer is clean and empty, it will be towed to a green shipping yard.
"It is important for us to ensure the uninterrupted oil supply chain from Malampaya as it accounts for 40% of Luzon’s power requirement. Any interruption to this line may mean a minimum of a 10-hour blackout,” said Carlos.
JGC and SHI won the $3 billion engineering, procurement, construction and commissioning (EPCC) contract for the ZLNG project in December. The nearshore unit will be based in Sabah.
SNH and Savannah Midstream also pledged to support each other as shareholders in COTCo.
A senior Nigerian minister urged the country’s president to end a long-running dispute with Eni and Shell to allow the companies to finally develop a prized deepwater oil licence.
O’Neill cited the US’ Inflation Reduction Act (IRA) as a “game changer”. She went on to say that if Australia intends to compete “in the global race to transition to new energy, we need to incentivise investors to take the required risk”.
OilX had expected loadings to rise to 135,000 bpd in May, but “this is now at risk”, he said. “If the fighting continues and damages oil infrastructure then these are the volumes that would be at risk”.
Shareholders in HEH include the Buss Group, Fluxys and Dow. The latter owns the land on which the group will build the regas terminal. The terminal will take industrial waste heat from Dow’s projects, allowing it to regasify LNG with minimal emissions.