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Iraq makes progress on pipeline talks as Exxon watches on
Gas flexibility coming to Ghana
Gas can now be moved both ways on a section of the WAGP in Ghana, allowing increased use of its domestic gas resources
North Macedonia's state power producer changes name to ESM
Russia’s Industry and Trade Ministry rejects Siemens’s application for a special investment contract
Block Energy continues West Rustavi sidetracking work
Fluor collects new UK business after suffering losses
Occidental sells $13bn of bonds to fund Anadarko acquisition
Occidental Petroleum has sold $13bn of bonds to help finance its $38bn acquisition of Anadarko Petroleum.
Russian LNG exports soar 54.5% in 1H19
Chevron’s profit up, ExxonMobil’s down in second quarter
Chevron has reported strong profits for the second quarter of 2019, while rival super-major ExxonMobil reported a year-on-year drop owing to low weaker natural gas prices and higher maintenance costs.
Plains completes Cactus II as new partners buy into project
Plains All American Pipeline has completed its Cactus II pipeline from the Permian Basin in West Texas to the Corpus Christi area on the Texas Gulf Coast.
Gazprom Neft increases net profit by 29% in 1H19
Turkey’s Tupras reports 15% y/y decline in Q2 profit
Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.
Canadian pipeline operators add capacity for more crude to reach US refiners
Pipeline operators are finding ways of sending more Canadian oil to US refiners, despite the fact that no major new pipelines are coming online, and any proposals tend to be held up by regulatory delays and litigation.
Shell approves PowerNap tieback in deepwater Gulf
Shell Offshore has made a final investment decision for the PowerNap deepwater project in the US Gulf of Mexico.
Saipem signs up to Arctic LNG 2 joint engineering venture
Italy’s Saipem has agreed to participate in a joint engineering venture to build the Arctic LNG 2 project in Russia alongside France’s Technip and Russia’s NIPIgaspererabotka.
US authorises Gulf LNG exports
The US Department of Energy has approved exports from Kinder Morgan’s Gulf LNG project, which would be located in Jackson County, Mississippi.
Japanese utilities respond to low LNG spot prices
Japanese utilities are becoming more aggressive in their price reviews for long-term LNG contracts and seeking to buy more LNG on the spot market.
Chile’s Codelco sells Mejillones LNG stake
Chile’s state-owned mining firm Codelco has sold its stake in the Mejillones LNG terminal to Ameris Capital AGF, a local investment fund.
US becomes third largest LNG exporter as first wave nears completion
The US is now the world’s third-largest LNG exporter but the US-China trade war still threatens further expansion
Brazil has high hopes for next offshore licensing rounds
Felipe Kury, the head of Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), believes that his country has a lot riding on the success of its next offshore licensing rounds.
European Commission to probe Poland’s planned merger of Orlen and Lotos oil and fuel companies
Russia's Gazprom could SPO another 3.7% in autumn 2019
Russia's natural gas giant and pipeline exports monopolist Gazprom could SPO an additional 3.7% of its quasi-treasury shares in the next few months to cash in again on a dramatic rally in the company’s share price in July
Kenya completes first berth at Lamu Port
Repsol appoints Peterson as main logistics contractor for drilling offshore Guyana
Peterson, a UK-based provider of energy and logistics services, will serve as Repsol's main logistics contractor during the drilling of the Carapa-1 exploration well.
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