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Osaka Gas to Provide FEED Contract on LNG Terminals Construction, Taiwan
May 31, 2018
Osaka Gas Engineering (OGE), a subsidiary of Osaka Gas has agreed to provide consulting services on construction of LNG receiving terminals of CPC, Taiwan (CPC) and Taiwan Power (TPC) respectively. In CPC’s third LNG receiving terminal construction project, OGE will
BP Secures Exploration Rights for Seven Licenses in UK Continental Shelf
May 31, 2018
Oil and gas giant BP has bagged explorations rights for seven licenses across the UK Continental Shelf (UKCS) during the 30th offshore licensing round held by the Oil and Gas Authority (OGA). Out of the seven licenses won, BP will
Barrick Converts Its Pueblo Viejo Mine Power Plant to Natural Gas, Dominican Republic
May 30, 2018
Pueblo Viejo Dominicana Corporation (PVDC), operator of Barrick Gold’s Pueblo Viejo mine, has signed a 10-year natural gas supply contract with AES Andres DR, S.A. in the Dominican Republic that will enable the conversion of the Quisqueya I power generation
World Bank Approves $600 Million Loan for Gas Storage Expansion Project in Turkey
May 29, 2018
The World Bank has approved $600m loan for the Gas Storage Expansion Project in Turkey, whose aim is to strengthen the reliability and security of gas supply in the country. The project will do this by expanding the underground gas
RockRose Energy to Acquire Dyas’ Dutch Assets for US$125 Million
May 29, 2018
RockRose Energy has agreed to acquire the non-operated gas and condensate producing assets of the Dyas group of companies in the Netherlands for €107m. The Dyas group of companies is wholly owned by SHV Holdings N.V., a family-owned Dutch multinational.
UK’s Oil and Gas Authority Awards 123 Licenses for Offshore Oil and Gas Drilling
May 24, 2018
The UK Oil and Gas Authority (OGA) has awarded 123 licenses to 61 companies under its 30th offshore licensing round. Covering 229 blocks or part-blocks, the licenses are expected to serve as a strong platform for future exploration and production
Santos Rejects $10.8 Billion Takeover Offer from Harbour Energy
May 24, 2018
Santos has rejected a revised takeover offer of $10.8bn from US-based Harbour Energy on the grounds that the proposed transaction undervalued the company and was complex and risky to execute. The Australian oil and gas producer has also terminated further
Harbour Energy Launches Revised Bid to Acquire Santos for $10.8 Billion
May 22, 2018
US-based Harbour Energy has launched a revised bid to takeover Australian oil and gas producer Santos for $10.8bn. This is the fifth such offer from Harbour Energy in a span of nine months, reported Reuters. As per the latest offer,
Oil Prices Rise on Worries Over Venezuelan Supply
May 22, 2018
Oil rose towards $80 a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply. Crude is trading at its highest level since late 2014, underpinned by
UK Launches New Measures to Support Onshore Shale Gas Exploration
May 21, 2018
The UK Government has announced new measures to support development of the onshore shale gas industry. As part of this effort, the government plans to introduce measures to streamline and improve the regulation process for shale gas planning applications to
