Gas

LNG

Exclusive: Blackstone In Talks To Buy US Pipeline Stakes From EQT For $3.5 Billion, Sources Say

Private equity firm Blackstone (BX.N), is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp (EQT.N), for ab…

LNG

Exxon Mobil, Qatar Get 3-year Extension To Build Their LNG Plant In Texas

India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its…

Oil Price

Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations

Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…

Natural Gas

Beach Energy Brings More Natural Gas To The East Coast

Beach Energy has delivered first gas from two development wells to the Otway Gas Plant -- marking completion of the largest ever offshore drilling and developme…

Oil & Gas Trade

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…

Natural Gas

Beach Energy Ignites Australian Offshore Gas Field

Independent Beach Energy has achieved first gas from its Thylacine West gas project offshore Australia, following the successful connection of the Thylacine-1 a…

Carbon Storage

‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …

Oil & Gas Supply

Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says

Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…

United States

Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US

Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …

Oil&Gas Drilling

Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week

Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX…

LNG

I Squared Capital To Acquire Philippines Coastal Terminal

ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…

Oil & Gas Trade

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…

Hydrogen Project

Germany Approves $20.5 Billion Hydrogen Push

Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan w…

Oil & Gas Supply

India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair

A worker fills diesel in a container at a fuel station in Kolkata, India, February 1, 2018. REUTERSIndia's annual diesel consumption is expected to rise by …

Oil & Gas Trade

Top U.S. LNG Exports: China's Gas Demand Is Booming

Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …