US to be LNG top dog by end 2022
The US will become the world’s largest LNG exporter by the end of 2022, according to the Energy Information Administration (EIA).
The US will become the world’s largest LNG exporter by the end of 2022, according to the Energy Information Administration (EIA).
Sasol and Globeleq have reached financial close on the gas-fired Central Termica de Temane (CTT) power project in Mozambique.
Genel Energy will seek compensation from Kurdistan Regional Government (KRG) following the cancellation of its Bina Bawi and Miran production-sharing contracts (PSCs).
The US has announced sanctions on a number of Angolan officials, including Isabel dos Santos, the former head of Sonangol and daughter of former president José Eduardo dos Santos.
Delek Drilling has completed the sale of its stake in the Tamar field to Mubadala Petroleum for $1.1 billion.
Chevron has signed up to explore a block offshore Equatorial Guinea, previously held by South Africa’s PetroSA.
South African Minister of Mineral Resources and Energy Gwede Mantashe has spoken in defence of Shell’s ongoing seismic plans as local protests continue.
TotalEnergies has closed the sale of its non-operated assets in Gabon to Perenco, following approval from the local authorities.
Australian minnow Invictus Energy has struck a farm-in option, giving Cluff Energy Africa a potential 25% stake in the Cabora Bassa project.
Aiteo Group has managed to halt the leaking well on OML 29, which had seen the company come under fire from politicians and local communities.
UTM Offshore has signed a memorandum of understanding (MoU) with the African Export-Import Bank (Afreximbank) in support of a floating LNG (FLNG) project.
The Nigerian Senate has called for Aiteo to face penalties for its ongoing spill in OML 29.
Technip Energies has won work to update the front-end engineering design (FEED) on the Ghasha mega project. Meanwhile, TechnipFMC has won a contract worth more than $1 billion from Adnoc.
Perspective is everything. For climate activists, the recent pledge that more than 20 countries and financial institutions made to stop public financing for overseas fossil fuel projects was seen as a promising first step toward achieving net-zero carbon emissions by 2050, one of the goals of the Paris Agreement.
The world is on course for a “deeply flawed” and “ever more chaotic energy transition”, Saudi Aramco CEO Amin Nasser has said, in comments at the World Petroleum Congress.
A case has begun this morning in the High Court as Friends of the Earth (FoE) challenges the UK government’s support for Mozambique LNG.
Saudi Aramco has awarded three contracts to McDermott offshore in the Arabian Gulf, shortly after handing Worley offshore work.
Poor weather has imposed “substantial delays” to Kinetiko Energy’s drilling programme in South Africa, where it is working on a coal-bed methane (CBM) project.
Across mature, capital-intensive industries such as oil and gas, operators typically want to sweat their assets. Asset performance and lifecycle costing are both critically important, as is minimising downtime and maximising the time that assets are fully operational.
Chevron’s local Angola unit has extended the Block 0 concession until 2050 and it will keep its full 39.2% stake.
QatarEnergy (QE) has struck a long-term deal to supply LNG to China’s Guangdong Energy Group (GEG).
French President Emmanuel Macron has overseen a number of commercial deals during his visit to the Middle East.
Borouge has signed engineering, procurement and construction (EPC) contracts for its new plant, which it is working on with Adnoc.
Drilling problems at Bambo-1, offshore The Gambia, will see costs rise by around $10 million, operator minnow FAR has warned.
Lekoil Nigeria has made an offer to acquire its London-listed parent company, following a major corporate falling out.