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Shell targets Ursa restart in November
Royal Dutch Shell is reportedly hoping to bring its Ursa platform in the US Gulf of Mexico back online in the first half of November, after the facility was shut down as a result of Hurricane Ida in late August.
Hilcorp to take over operatorship of Point Thomson field
Hilcorp Energy is set to take over the operatorship of the Point Thomson field on Alaska’s North Slope from ExxonMobil, it has emerged. The super-major will remain the majority owner of the field.
Pioneer filing shows $501mn of third-quarter hedging losses
Pioneer Natural Resources lost $501mn on hedging in the third quarter of 2021, according to a securities filing.
Mexico City may assume Pemex’s $115bn debt portfolio
The government has reportedly informed the NOC of its intention to assume responsibility for all debt amortisations.
Midstream players strike midstream mega-deals
Two major US shale midstream deals have been announced over the past week.
QatarEnergy, ExxonMobil partner to explore offshore Eastern Canada
QatarEnergy – recently renamed from Qatar Petroleum – has announced that it has signed an agreement with ExxonMobil to farm into an exploration licence offshore Newfoundland and Labrador in Eastern Canada.
Venture Global makes progress ahead of Calcasieu Pass start-up
Venture Global LNG is preparing to begin commissioning on its Calcasieu Pass liquefaction plant in Louisiana after striking three supply deals with China’s Sinopec.
Petronas spearheads LNG projects in Johor, Sabah
Malaysia’s state-run Petronas has called for expressions of interest (EoIs) to conduct a feasibility study for a new liquefied natural gas (LNG) storage tank in the south of Johor State.
Indonesian deepwater gas field hit by production issues
Italian major Eni’s deepwater Merakes natural gas field offshore Indonesia may not produce at full capacity for up to six months following technical difficulties at one of its five wells, upstream regulator SKK Migas warned this week.
Climate change to cause devastating migration levels in Africa
Africa is set to be hit the hardest by climate change, with up to 86mn Africans migrating within their own countries by 2050, the World Bank has warned in its new Groundswell Africa report.
Inter RAO looking to supply electricity to Kazakhstan
Putin tells Gazprom to increase European gas supply
Gazprom will first finish pumping gas into Russia’s own underground storage facilities. Once this process is completed, Putin has instructed Gazprom CEO Aleksei Miller to begin pumping gas to similar facilities in Germany and Austria.
Total Eren signs MoU with Kazakhstan on 1 GW project
PKN Orlen not in talks on OMV Romanian assets
Moldova hasn’t yet secured gas deliveries for after November 1
South Africa expands renewables programme with 25 new projects
MPL teams up with ConocoPhillips, Bechtel to reduce LNG terminal project’s emissions
Mexico Pacific Ltd (MPL) will work with two other US companies, ConocoPhillips and Bechtel, to design its planned LNG import terminal in Mexico’s Sonora State in a way that serves to reduce carbon dioxide emissions.
New Stratus eyes Repsol’s stakes in two Ecuadorean oil blocks
New Stratus Energy, an independent Canadian company, is trying to move ahead with plans to acquire control of two heavy crude oil-containing blocks in Ecuador.
Argentina launches new tender in Gas Plan scheme
The government of Argentina has launched a new round of its so-called Gas Plan incentive scheme as it tries to boost domestic natural gas output and reduce imports.
Petrobras concerned about its ability to meet fuel demand
Petrobras has warned that it will not be able to meet demand from fuel distributors next month, raising concerns over potential supply shortages in the Latin American country.
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