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TotalEnergies signs 10-year supply deal with Oman LNG, greenlights Marsa project
Oman LNG has signed a sales and purchase agreement with France’s TotalEnergies to supply the energy major with 800,000 tonnes per year of LNG the companies announced.
Equinor’s Hammerfest LNG shut down over gas leak
Norwegian energy major Equinor shut down and evacuated its Hammerfest LNG plant due to a gas leak that occurred during maintenance.
Colombian regulator eases oversight on PDVSA local subsidiary
Colombia’s Superintendencia de Sociedades, a government regulator, has lifted PDVSA Gas Sucursal Colombia – a local subsidiary of the Venezuelan state-owned oil company – from the highest tier of supervision, termed “control”.
Nigerian Senate committee says Port Harcourt refinery 90% complete
Nigeria’s ad-hoc Senate committee – a group created to investigate turnaround maintenance of Nigerian refineries – has said that upgrades and repairs for the full rehabilitation of Port Harcourt refinery are at 90% completion.
Zimbabwe-focused gas group Invictus Energy inks offtake agreement with local gold producer Dallaglio
ASX-listed Invictus Energy (Invictus) has executed an agreement with gold miner Dallaglio to supply natural gas from its project in northern Zimbabwe to power up a mine owned by the latter.
TotalEnergies ready to expand fuel trade with South Africa amid surge in imports
French oil supermajor TotalEnergies SE (Total) has expressed an intention to expand fuel trade with South Africa after a series of shutdowns of local refineries led to a sharp increase in imports.
Shell, TotalEnergies and Mitsui eye stake in ADNOC’s Ruwais LNG plant
Two energy majors and a trading house are vying to purchase a stake in Abu Dhabi National Oil Co.’s Ruwais LNG plant.
GAIL planning to double the size of Dabhol LNG terminal near Mumbai
India’s state-owned natural gas company GAIL is reportedly intent on augmenting the capacity of its all-important LNG terminal at Dabhol, Maharashtra.
OQ and TotalEnergies sign deal for Marsa LNG bunkering facility
OQ and TotalEnergies have signed a $1.6bn investment deal to develop the Marsa LNG project at the Port of Sohar.
Zambia set to unlock untapped oil and gas potential
Zambia’s geological profile mirrors that of its neighbours, suggesting oil & gas potential akin to successes in the East African Rift Basin, an area with the Lake Albert Rift Basin in Uganda and traversing Tanzania, Mozambique, Kenya and Malawi.
Production returns to Freeport LNG
Limited production has returned to Freeport LNG, the US’s second largest LNG export terminal, after six days of near zero gas flows last week.
EQT signs another tolling deal with Glenfarne’s Texas LNG
EQT, the US natural gas producer headquartered in Pittsburgh, announced that it has agreed to a second Heads of Agreement with Glenfarne’s planned Texas LNG plant to produce an additional 1.5mn tonnes per year of LNG in a 20-year tolling contract.
ExxonMobil surpasses Tesla market value due to Guyanese oil development
American oil industry ExxonMobil Corporation has surpassed electric vehicle pioneer Tesla Inc. in market value for the first time in over a year.
25 GOP governors call on Biden to lift LNG pause
A group of 25 Republican governors issued a statement on April 23 requesting President Biden to end the “reckless pause” on export approvals for new LNG projects.
Crescent Midstream reportedly explores sale
Pipeline company Crescent Midstream is exploring a sale that could be worth $1.3bn including debt, Bloomberg reported citing anonymous sources.
Africa-focused Globeleq acquires 48.3% stake in Egypt’s Winnergy solar plant
African energy transition and power producer Globeleq has acquired a 48.3% equity stake in the 25 MWp Winnergy solar photovoltaic (PV) plant located in Egypt's Benban Solar complex near Aswan.
IMF: Paying Africa’s Climate bill
The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford.
Biden restricts oil, gas drilling in Alaska’s NPR-A
The Biden administration will ban fresh oil and gas leasing across the National Petroleum Reserve – Alaska (NPR-A), encompassing 5.3mn hectares, in a bid to safeguard wildlife such as caribou and polar bears amid the Arctic's escalating tempera
Halliburton, SLB boost profit in Q1
Wildfires break out in Alberta’s oilpatch
In a first for 2024, wildfires have broken out Canada’s oilpatch, and an evacuation order was announced.
Exxon surpasses Tesla in market value
Exxon Mobil has passed surpassed Tesla, the electric vehicle (EVs) maker, in terms of market value for the first time in over 12 months.
Chevron, Valero to buy crude from Trans Mountain
Chevron and Valero Energy are acquiring oil transported via Canada’s expanded Trans Mountain Pipeline for their California processing facilities, according to a report.
ENRG advances surveying at Niger uranium project Agadez within highly prospective Tim Mersoi Basin
ENRG Elements, which focuses on exploring and developing uranium and copper projects, has used radiometrics and a recent trenching program to identify potentially significant uranium mineralisation at its flagship Niger project.
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