Monday, October 7, 2024

Gas Project News

TotalEnergies CEO to meet Mozambique President to advance project in the country

TotalEnergies' CEO Patrick Pouyanne announced that he would be traveling to Mozambique in the latter part of this month to discuss the planned Mozambique Liquefied Natural…

Suriname oil and gas project worth $10 billion to be approved by TotalEnergies and APA

TotalEnergies, a French company, and APA Corp, based in the United States, announced on Tuesday a positive decision to invest in Block 58 of Suriname, the most promising offshore oil and gas project.

Romgaz, a Romanian gas company, raises 500 million euros through its debut Eurobond

IFR data show that Romanian state-owned Romgaz issued its first eurobond on Monday. The company sold 500 million euros (559.50 million dollars) of five-year papers to…

ConocoPhillips wins approval from a judge for the seizure of payments made to Venezuelan PDVSA

ConocoPhillips won approval from a Trinidad court on Friday to seize payments made by the Caribbean nation to Venezuela's oil company in connection with a proposed offshore…

Analysts say that Colombia must develop a natgas plan soon to prevent blackouts.

If it wants to prevent power blackouts in Colombia, the head of Wood Mackenzie’s Americas Gas and LNG division said that Colombia needs to decide quickly whether it…

Senegal president announces election of parliament on November 17

Senegal's President Bassirou Diomaye Faye dissolved Thursday the national assembly led by the opposition, paving the way for legislative elections to be held early on November 17.

NEO Energy reduces UK investment plans due to fiscal and regulatory uncertainty

NEO Energy announced on Monday that it would slow down its investment in all of its portfolios due to the uncertainty surrounding fiscal and regulatory issues in the British oil sector.

Timor Gap and Timor-Leste JV Gas Project Majority owned by Santos

Santos, the majority joint venture owner in Timor-Leste, announced on Monday that Timor Gap, a state-owned Timor-Leste oil company has acquired a 16 percent interest in Bayu-Undan's gas project.

Min says that seismic work will begin on gas fields shared between Trinidad and Venezuela.

Stuart Young, Trinidad and Tobago's energy minister, said on Facebook on Friday that seismic work is expected to begin in the next few days at the offshore gas fields…

Woodside Energy's earnings to drop as investors focus on strategic deals

Woodside Energy is Australia's largest independent gas producer and on course to report a decline in its interim earnings on February 2, with investors focused on the…

Indonesia approves Eni's Geng Nord gas project development plan

SKK Migas, Indonesia's upstream oil-and-gas regulator, said Friday that Indonesia had approved the plan of developments (POD) of the first phase for Geng North, an Italian…

Mexico's Pemex receives approval to increase investment in deepwater Lakach field by $400 million

The hydrocarbon regulator in Mexico approved Thursday the request of state energy company Pemex for an expansion of a natural-gas project in Gulf of Mexico. This requires…

Shell and PetroChina expand Surat coal-seam gas project in Australia

Shell and PetroChina announced on Monday that they have decided to expand their Surat coal-seam gas project in Queensland. This comes amid calls from the British oil…

Australian regulator: No decision on Woodside Browse Gas Project yet

Western Australia's environmental regulator announced on Monday that it will release recommendations in 2025 on Woodside Energy’s Browse gas project. A newspaper had…

OMV Petrom Makes Largest Crude Oil Discovery in Decades

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, said on Tuesday it discovered new crude oil and natural gas deposits equal to about three…

Has Green Hydrogen Sprung a Leak?

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The green hydrogen express is gathering pace, but it may have a worrying problem with leaks.As governments and energy companies line up big bets on the much-touted fuel of the future…

China's Sinopec Finds Shale Oil at Shengli Field

A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil reserves at its Shengli field, the official Xinhua news age

Shell Weighs Sale of $2B-plus Share in Queensland LNG

Shell Logo - Image by Alexandr Blinov - AdobeStock

Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, according…

Total Secures $14.4 Bln Funding for Mozambique LNG

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French energy major Total has secured $14.4 billion funding for its Mozambique liquefied natural gas project in Mozambique, two sources said on Wednesday.A source with…

Russian Pipe-laying Vessel Moors at Nord Stream 2 Hub in Germany

A Russian pipe-laying vessel Academic Cherskiy which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran…