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Hifa Oil to build gas terminal in Lukavac
Equinor, partners approve Asgard investment
Lithuania and Ukraine to set up panel on Belarus NPP
Ukraine’s Cabinet of Ministers orders Naftogaz to fix household gas prices for one year
Russian oil output inches down in February
QP continues series of LNG-related contract awards
State-owned Qatar Petroleum (QP) has continued handing out contracts related to its North Field East (NFE) expansion project, which will underpin the country’s push to grow its LNG capacity.
Chevron invests in energy transition initiatives
Super-major Chevron announced a series of moves and investments related to the energy transition over the past week.
Regulators ban fracking in Delaware River watershed
The Delaware River Basin Commission (DRBC) voted to permanently ban hydraulic fracturing last week, asserting that shale gas development near the waterway, which supplies drinking water for more than 13mn people, would pose an unacceptable risk.
EOG beats profit estimates for fourth quarter
Shale producer EOG Resources has reported a net profit of $337mn for the fourth quarter of 2020, down from a profit of $637mn in the same quarter of 2019 but up from a loss of $43mn in the third quarter of 2020.
ExxonMobil to focus on “advantaged” projects, boosting shareholder value
Super-major ExxonMobil has outlined its priorities between now and 2025 – boosting cash flow and earnings, increasing its dividend, reducing debt and funding “advantaged” projects.
CNRL posts fourth-quarter profit, reports Keystone XL charge
Canadian Natural Resources Ltd (CNRL) posted a net profit of CAD749mn ($592mn) for the fourth quarter of 2020, but reported a charge related to the Keystone XL pipeline.
Novatek eyes CCS
Egypt’s GUPCO allocates $562mn to invest in new and existing oilfield facilities in 2021
Venezuelan sanctions to stay in place
A White House official has indicated that the Biden administration will not make any major changes with respect to Venezuelan sanctions in the near future.
Head of PAE comments on Vaca Muerta gas prospects
Marcos Bulgheroni, the CEO of Argentina’s Pan American Energy (PAE), has said that export-oriented investments and supportive policy will help facilitate the development of unconventional gas resources in the Vaca Muerta shale basin.
Brazilian MPs set to vote on bill allowing third-party gas pipeline access
The lower house of Brazil’s National Assembly was slated to vote earlier this week on legislation permitting third parties to access the natural gas pipeline network, which has been under the monopoly control of state-run Petrobras.
Cenagas resumes gas deliveries to Braskem Idesa’s Etileno XXI
Cenagas, the state-owned operator of Mexico’s natural gas pipeline system, has resumed deliveries of natural gas to Braskem Idesa (BI), the Brazilian-Mexican joint venture that owns the Nanchital petrochemical complex in Veracruz State.
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