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Saudi Prince Calls for Strong Action Against Iran to Safeguard Global Oil Markets
October 3, 2019
Iran must be deterred from further damaging oil infrastructure in Saudi Arabia through a ‘strong’ response from the international community, according to the latter’s Crown Prince. In an interview with CBS on September 29, Mohammed bin Salman claimed global oil
Total Acquires Stake in Mozambique LNG Project from Anadarko for $3.9 Billion
October 3, 2019
French oil and gas company Total has completed the acquisition of 26.5 percent operating stake in Mozambique LNG project from Anadarko for $3.9 billion. The project includes the development of Golfinho and Atum fields in Offshore Area 1 and the
China Secures LNG Supply from US’s Sempra Energy
October 3, 2019
China Yangtze Power International (CYP) has signed a deal to acquire Peru’s largest electric company from US-based Sempra Energy for $3.6 billionn, while also sealing a new flow of LNG as tensions with Donald Trump continue to frustrate trade. Included
Excelerate Gets Regulatory Nod for Luzon LNG Project, Philippines
September 30, 2019
Excelerate Energy has been given a notice from The Philippines’ Department of Energy (DOE) to move ahead with the Luzon LNG project, a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas. The Luzon LNG project will
Qatar Petroleum and Shell Partner to Offer LNG Bunkering Services
September 26, 2019
Qatar Petroleum and British-Dutch oil and gas company Shell have entered into an agreement to establish a liquified natural gas (LNG) bunkering venture. The creation of a joint venture company, which will be owned equally by both parties, is subject
RS Energy Group Acquires Petroleum Policy Intelligence
September 18, 2019
RS Energy Group (RSEG), the leading provider of advanced analytics and energy intelligence, has acquired UK-based Petroleum Policy Intelligence (PPI) to extend RSEG’s macro research offering. PPI is renowned for its expertise in Middle Eastern and North African energy policy
TechnipFMC Starts Up New Direct Heating Unit Technology in Brazil
September 17, 2019
TechnipFMC announced that Videolar-INNOVA recently started up the first Direct Heating Unit (DHU) in Brazil. This groundbreaking technology for adding heat to high temperature processes employs flameless combustion for the dehydrogenation of ethylbenzene to styrene. INNOVA’s 420,000 metric ton styrene
Leaders of India and Nepal Inaugurate South Asia’s First Cross Country Oil Pipeline
September 17, 2019
The leaders of India and Nepal inaugurated South Asia’s first cross country oil pipeline Tuesday, allowing the Himalayan nation of Nepal to receive an uninterrupted supply of oil from its large southern neighbor. Indian Prime Minister Narendra Modi and his
Singapore’s GIC Completes $600 Million Stake Acquisition in ADNOC Oil Pipelines
September 12, 2019
Singapore’s sovereign wealth fund GIC has completed its $600 million acquisition for a 6 percent stake in ADNOC Oil Pipelines, a new pipeline partnership created in the UAE. GIC had entered into the deal with the UAE state-owned oil company
Pacific Oil & Gas Closes Acquisition of Canbriam Energy
September 11, 2019
Pacific Oil and Gas Ltd. (“PO&G”) and Canbriam Energy Inc. are pleased to announce that PO&G has completed the acquisition of all the issued and outstanding shares of Canbriam. “We welcome the Canbriam team to Pacific Oil and Gas Ltd.
