Malaysia’s state-owned energy company Petronas is planning to build a third multi-billion dollar floating liquefied natural gas (FLNG) unit to help solve challenges commercialising gas offshore Sabah in Malaysia as part of an effort to appease ConocoPhillips (NYSE:COP) and Shell (AMS:RDSA) following losses related to an upstream development.
With winter fast approaching and a stunning energy price surge pummelling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower.
An oil spill unleashed by Hurricane Ida is highlighting longstanding concerns about the more than 18,000 miles of decommissioned pipelines that still snake through the Gulf of Mexico, even though they no longer transport crude and natural gas.
A fire near the Pemex Ku-Maloob-Zaap oil platform complex in the Gulf of Mexico has been controlled following a gas leak.
Total and Chevron will suspend cash distribution by a joint venture that counts a Myanmar state-owned company as a shareholder.
Chevron has spilled an unknown quantity of oil from one of its pipes, at the Dumai Port in Riau, Indonesia, that is used to ship hydrocarbons from its Rokan Block.
Sonatrach has reported two leaks on the OK1 pipeline, which links Hassi Messaoud to Skikda.
Sonatrach has begun using its R-OB1 oil pipeline, rehabilitating a previous link dating from 1959.
Nigerian National Petroleum Corp. (NNPC) saw a more than 300% decline in earnings in March as crude prices plummeted.
Gas sales by Orca Exploration in Tanzania fell in the first quarter as higher than normal rainfall boosted hydropower generation.
Sasol Ltd. is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10 billion debt pile, people with knowledge of the matter said.
Engineering firm Saipem has won a £225million project to transport and install a new natural gas pipeline in the Baltic Sea.
IGI Poseidon has invited companies to submit plans for the offshore parts of the proposed EastMed gas pipeline, which will run from the southeast Mediterranean into Europe via Greece and Cyprus.
China announced the creation of its long-planned national oil and gas pipeline company, officially kicking off one of its biggest energy revamps aimed at helping supply keep pace with swelling demand.
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 Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
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.
Denmark will allow a joint German-Russian pipeline project, which will bring Russian gas directly to Germany under the Baltic Sea.
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
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.
Revenues from Libya’s oil are falling, the National Oil Corp. (NOC) has said, and may fall “precipitously” if the government does not cover the agreed budget.
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
The Rivers State government claims to have bought Shell Petroleum Development Co.’s (SPDC) 45% stake in OML 11, part of the Ogoniland, in execution of a legal ruling.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
China National Petroleum Corp. (CNPC) signed a transportation convention with Niger on September 15.