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Greece closes first phase of tender for gas sales arm
Sempra Energy postpones FID on Energía Costa Azul LNG
New York-listed Sempra Energy has delayed its final investment decision (FID) on the construction of an LNG export facility in Baja California, Mexico, and may do the same for a separate project in Texas.
North Sea entering unprecedented phase
ExxonMobil reportedly cutting production at Gulf Coast refineries
ExxonMobil has reportedly cut production at two of its refineries on the US Gulf Coast owing to weak demand.
Aker agrees to provide umbilicals for Chevron’s Gulf operations
Aker Solutions has entered into a master agreement to provide umbilicals for Chevron’s operations in the US Gulf of Mexico over a 20-year period, and will supply the super-major's Anchor project under its first work order.
Leading oilfield service firms unveil capex cuts
Schlumberger and Halliburton – the top two leading oilfield service firms globally – have both said they are cutting spending in response to the collapse in crude prices.
Chevron cuts 2020 capex budget by $4bn
US-headquartered super-major Chevron has said it is reducing its capex budget for 2020 by $4bn, or 20%.
Norway cancels maintenance in COVID-19 response
Ineos delays Forties repairs amid COVID-19 concerns
Pertamina approves Indonesia Energy’s drilling plan
Upstream junior Indonesia Energy said this week that state-owned Pertamina had approved its technical programme and drilling budget for the onshore Kruh Block.
Indian LNG buyers issue force majeure notices
India’s decision to impose a 21-day lockdown this week has reportedly driven the country’s liquefied natural gas (LNG) importers to issue force majeure notices to their suppliers.
Santos slashes spending
Australia developer Santos is planning to slash capital expenditure this year and delay a major natural gas development owing to the oil price collapse.
Jordan Cove LNG receives federal approval, but state battle remains
The proposed Jordan Cove LNG facility has received its long-awaited federal regulatory approval, but operator Pembina still has a battle on its hands to ensure the project can go ahead.
Oilex’s asset sale to Doriemus at risk
Australian independent Oilex has warned that its planned sale of assets in Australia to Doriemus is unlikely to proceed following the withdrawal of the latter company’s proposed capital raising.
Warrego trims the fat, rejects takeover bid
Australian independent Warrego Energy announced plans this week to reduce its overheads after revealing that it had rejected a takeover offer from Strike Energy.
Global wind growth hit by COVID-19
The global wind sector added 60.4 GW of new capacity in 2019, 19% more than 2018 installations, with 6.1 GW added offshore.
DTEK accumulates UAH1.6bn in payables to state companies
Sinopec Oilfield Service to boost capex in 2020
Sinopec Oilfield Service has said it intends to boost its capital expenditure by 18% year on year in 2020.
Jadestone freezes Vietnamese gas project
Singapore’s Jadestone Energy has decided to delay the Nam Du and U Minh natural gas project in Vietnam owing to the slide in oil prices.
Seplat reports profits up, revenues down in 2019
Seplat Petroleum Development, an independent Nigerian operator, has revealed that its revenues declined while profits rose in 2019.
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