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South Korean firms line up LNG supply deals
Two South Korean companies signed sale and purchase agreements (SPAs) this week to buy LNG from international sellers – France's TotalEnergies and the US' Cheniere Energy.
Court rejects ExxonMobil’s attempt to dismiss climate change lawsuit
Massachusetts’ top court rejected a bid this week from ExxonMobil to dismiss a lawsuit accusing the firm of misleading consumers and investors about the fossil fuel industry’s role in climate change.
Terra reportedly exploring $2.5bn sale
Private equity firms Kayne Anderson Capital Advisors and Warburg Pincus are reportedly considering selling Terra Energy Partners.
EnLink proceeds with Matterhorn Express gas pipeline
Dallas-headquartered EnLink Midstream said on May 19 that, together with its partners, it would move forward with building the Matterhorn Express gas pipeline from the Permian Basin to the Houston area of Texas.
Biden administration to propose new federal offshore development plan by June 30
US Secretary of the Interior Deb Haaland has confirmed that a new five-year plan for federal offshore oil and gas development would be proposed by June 30, the expiry date for the current plan.
ADNOC could open Fujairah storage in 2023
Iran continues refining push with Lavan studies
CNH authorises Pemex unit to drill Popoca-1EXP
Mexico’s CNH has authorised a unit of Pemex to spud a new exploration well at the Popoca field, located off the coast of Tabasco State in the southern Gulf of Mexico.
Colombia’s Ecopetrol to join Oxy subsidiary in exploring four offshore Caribbean blocks
Colombia’s Ecopetrol will be teaming up with a subsidiary of the US-based Occidental Petroleum to explore four offshore blocks in Colombia’s section of the Caribbean Sea.
Bolsonaro fires yet another Petrobras CEO
Brazil’s Petrobras is facing yet another personnel re-shuffle, as the country’s president has fired CEO José Mauro Ferreira Coelho and nominated a senior official from the Economy Ministry as his replacement.
Equinor, ExxonMobil near decision on Bacalhau expansion project
The Norwegian oil company Equinor and its US-based partner ExxonMobil are moving toward a decision on an $8bn upstream expansion project in Brazil, according to a Reuters report.
Melbana Energy spuds Zapato-1 at Block 9
Australia’s Melbana Energy revealed earlier this week that it had spudded the Zapato-1 exploration well at Block 9, its contract area onshore Cuba.
Sahel countries to receive dedicated solar energy training programme
Five African countries in the continent’s Sahel region are to become the targets of a dedicated solar energy training programme.
Construction begins of unit 4 at China’s Xudabao NPP
First concrete has been poured for unit 4 of China’s Xudabao NPP in Huludao, Liaoning province.
Centennial, Colgate in largest shale merger of 2022
Centennial Resource Development and Colgate Energy Partners III have agreed to combine in the largest shale merger of the year to date.
Is coal killing us all?
Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.
Sempra launches CCS development at Cameron LNG
Sempra Infrastructure has signed a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi to develop the proposed Hackberry Carbon Sequestration project in Louisiana to capture emissions from the Cameron LNG terminal.
Regas rates at Grain LNG reach record levels as European demand soars
The Grain LNG terminal in the UK posted record gas send-out levels in April, as high demand for gas from Europe pushed utilisation rates up, with LNG tankers arriving from eight new countries since January.
Kazakh president announces plans for construction work on solar power plant in Kyrgyzstan
Kazakhstan considers NPP construction
Kazakhstan continues to study various technologies, including for the construction of a NPP, Kazakh Energy Minister Bolat Akchulakov said on the sidelines of a forum on the development of oil and gas engineering.
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