Senegal plans to nationalise Kosmos-run Yakaar-Teranga gas project
The Senegal's Energy Minister said that the country plans to nationalise Yakaar-Teranga, a gas project operated by Kosmos and estimated to be?one of the largest discoveries made in recent years?…
Sources say Saudi Aramco will export the first condensate in February from Jafurah Gas Plant
Two sources familiar with the matter confirmed on Tuesday that Saudi Aramco, the state energy company, plans to export the first condensate from the Jafurah Gas Plant in 'February.
Sources say that India's ONGC is moving closer to retaining 20% of the Sakhalin-1 project in Russia.
Three sources familiar with this matter have confirmed that India's Oil and Natural Gas Corp. will pay into Russia’s Sakhalin-1 abandonment fund using the frozen dividends…
YPF CEO gives green light to $20 billion Argentina LNG Project in mid-2026
He said that he expects a decision to be made on a $20 Billion, 12 Million metric tons of liquefied gas per year project by the middle of next. Horacio Marina added that he expected YPF…
East Timor President says that improved trust will drive long-stalled project
East Timor’s president is confident in what he called a new era goodwill between Canberra, Woodside Energy and his country. This will finally allow the development of…
Saudi Finance Ministry says Aramco Jafurah Gas Plant has begun production
Saudi Finance Ministry announced on Tuesday that the first phase of Aramco’s Jafurah Gas Plant is completed and production with a capacity 450 million cubic foot per day has started.
UK withdraws financial support for TotalEnergies Mozambique Liquefied Natural Gas Project
On Monday, the British government announced that it had decided to stop UK Export Finance from supporting TotalEnergies' Mozambique Liquefied Natural Gas Project. In 2020…
Woodside and East Timor target first LNG from Greater Sunrise by 2032
East Timor and Australia's Woodside Energy have agreed to investigate sending gas from large, undeveloped Greater Sunrise field to a new plant that will produce liquefied gas in Southeast Asia.
The Black Sea Infrastructure is at risk, according to the Romanian National Defence Strategy
A draft national defence strategy released on Wednesday said that Romania must strengthen its ties with allies along the Black Sea to protect energy projects, which…
Argentina's YPF anticipates La Angostura Sur will produce 80,000 bpd over the next few years
Maximiliano W. Westen, Vice President of Strategy at YPF, said that the company expects to produce more than 80,000 barrels a day in its La Angostura Sur Block over the next few years.
YPF and Eni sign an agreement with ADNOC’s XRG for the development of Argentina LNG project
YPF, Argentina and Eni, Italy have signed an agreement for the Abu Dhabi National Oil Company’s XRG Investment arm to participate in a liquefied gas project related to Argentina’s Vaca Muerta Field.
Exxon lifts force majeure on LNG project in Mozambique
Exxon Mobil may lift force majeure for a $30 billion liquefied gas project in Mozambique, according to CEO Darren Woods. Woods made the announcement during a Friday earnings call.
Source: Mozambique's TotalEnergies has requested that Exxon LNG put its decision on hold.
According to a source with knowledge of the situation, Exxon Mobil cannot make a final decision about a $30 billion project for liquefied gas in Mozambique named Rovuma…
China CNOOC's net income for the third quarter of 2014 is down 12% due to lower oil prices
CNOOC Ltd, the Chinese offshore oil-and-gas major, reported on Thursday that its third quarter net income had declined 12.2% from a similar period a year ago as lower…
Venezuela wants Trinidad to share details about Exxon field testing, sources claim
According to two sources and an internal document, Venezuela wants to know the location and details of the first Exxon Mobil field tests that will be conducted in a…
Carlos Slim's Grupo Carso reviews feasibility of deepwater field project
A company official revealed Tuesday that Grupo Carso, in collaboration with the state energy company Pemex, is evaluating the feasibility of Lakach's deepwater natural…
IMF to visit Mozambique for further talks next month on support options
The International Monetary Fund's mission chief announced on Tuesday that the IMF will visit Mozambique to continue discussions about the country's macroeconomic problems…
Mozambique to give its position on the revised budget of TotalEnergies Liquefied Natural Gas project later
A government spokesperson stated that the cabinet of Mozambique met on Tuesday but did not express a position regarding the revised budget and schedule for TotalEnergies'…
Venezuela suspends energy agreements with Trinidad including gas projects
Venezuela's Oil Ministry will ask the President to suspend an agreement for a broad cooperation with Trinidad and Tobago in the energy sector, including the joint gas…
Mozambique bonds rise after TotalEnergies lifts force majeure on LNG project
JOHANNESBURG - Mozambique’s only euro bond rose on Monday, after TotalEnergies lifted the force majeure for its multi-billion dollar liquefied gas project. This will allow construction to resume…