South Africa’s Transnet National Ports Authority (TNPA) has executed a 25-year terminal agreement with Ukwanda LNG for a regasification project at the Port of Ngqura.
African energy investors are increasingly looking beyond domestic upstream opportunities toward major oil, gas and infrastructure developments in South America, with Brazil’s pre-salt offshore sector and Argentina’s expanding LNG and pipeline network emerging as key targets for future capital deployment.
Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with Iraqi crude, is en route to China.
bp has signed three production sharing contracts (PSCs) in Indonesia, expanding its upstream exploration portfolio near the company’s existing Tangguh LNG operations in Papua Barat and adding participation in a new East Java block.
Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping data showed on Monday.
Houston-based E&P company Caturus announced on Friday it has reached a positive FID on the Commonwealth LNG project, a planned facility with 9.5 million tonnes per year of liquefaction capacity in Cameron Parish, Louisiana. The decision comes in parallel to the close of USD 9.75 billion in project financing to construct the facility in a […]
Petroliam Nasional Bhd (Petronas) and MISC Bhd signed a 20-year time charter agreement for five liquefied natural gas (LNG) tankers.
The U.S. Energy Information Administration will begin publishing new quarterly energy security datasets on May 13 covering global strategic petroleum reserves and shipping flows through key oil and LNG chokepoints, as ongoing disruption in the Strait of Hormuz continues to reshape global energy markets.
The Browse LNG project in Australia, proposed by Woodside Energy, is set to cost about $35 billion, a new report commissioned by the Australian oil and gas major showed on Monday.
India has officially declined Russia’s offer to sell liquefied natural gas (LNG) from projects currently under U.S. sanctions, following April reports of an LPG-laden tanker en route to western India, according to Indian media reports on Monday.