Petrobras is in a state of transformation, company officials said at a press conference in London, with an eye on selling down assets and tackling debt – in tandem with major expansion plans.
The world’s biggest natural gas exporter and one of the globe’s top consumers of the fuel cement their energy co-operation on Monday with the launch of Russia’s giant Power of Siberia pipeline to northern China.
The head of a Maltese company working on an LNG-to-power scheme has been arrested on a yacht as he was leaving the country.
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Uniper is confident that LNG supply will continue to be bountiful in the years to come, providing a secure source of supply for demand around the world, company board member Keith Martin told Energy Voice at ADIPEC.
Klaipedos Nafta (KN) intends to buy a floating storage and regasification unit (FSRU) by the end of 2024.
Cyprus has issued an exploitation licence to three companies to develop the Aphrodite field, with gas to be exported to Egypt for liquefaction.
Sovcomflot has signed an agreement on lease financing with VEB.RF Group, for the first of a series of icebreaking LNG carriers (LNGCs) that will serve Arctic LNG 2.
Oil demand will reach 101 million barrels per day in 2020, OPEC’s World Oil Outlook (WOO) has said.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
A number of African states are in the process of visiting Sochi, largely in the hope of signing deals for new investment.
A group of NGOs has filed in a French court to compel Total to disclose details of its human rights and environmental plans in Uganda.
A Teekay and COSCO joint venture operating LNG tankers serving Yamal LNG has been cleared to resume operations.
The Office of the Attorney General (OAG) of Switzerland has ordered Gunvor to pay almost 94 million Swiss francs ($94.7mn) for failing to prevent corruption in Congo Brazzaville and Cote d’Ivoire.
Lukoil has signed up for a 5% stake in the Ghasha concession, as a part of a broader package between the United Arab Emirates and Russia.
Sonatrach has signed a deal to increase its stake in the Medgaz gas pipeline to 51%, from 43%. The remainder will be held by Naturgy.
The US has set out charges against two men, Lev Parnas and Igor Fruman. The two men, who were involved in schemes for LNG imports into Ukraine, are accused of violating campaign finance laws.
BP’s outgoing CEO Bob Dudley gave a defence of natural gas as one part of the world’s future energy mix, at a conference in London.
The Gas Exporting Countries Forum (GECF) has expressed “deep concern” about sanctions in the gas sector, the group has said after a meeting in Moscow.
Shares in Irish oil explorer Providence Resources sank in London yesterday after the firm confirmed it would seek a new partner for its Barryroe asset off the south coast of Ireland.
Gulf Marine Services (GMS) has made progress in shoring up its future but much rests on its negotiations with lenders.
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Novatek has signed deals with Mitsui OSK Lines (MOL) and the Japan Bank for International Co-operation (JBIC) on its LNG transhipment projects.
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
Finland’s NEOT has become the first company to bunker LNG from the Kairos vessel, in Sweden’s Port of Södertälje.