Latest Oil & Gas News
SMBC adds PF VP in US
Japanese bank SMBC has hired a new vice president to its project finance team
BP to purchase stake in Kansas wind project
Oil and gas company BP Energy has struck a deal to purchase the remaining 50% stake of a 470MW wind project in Kansas that the company co-owns with American Electric Power
M6 Midstream announces 2 acquisitions
M6 Midstream, a subsidiary of EnCap Flatrock Midstream, has completed its acquisition of Midcoast Energy’s East Texas business and Align Midstream
Indonesia Abadi LNG faces fresh delays
The Indonesia government is predicting 2 more years of delays for the $20 billion Abadi LNG and expects to receive a revised development plan soon from Japanese oil and gas company Inpex
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Talos inks $1.1bn deal with EnVen
Oil & Gas North AmericaHouston-based Talos Energy has reached an agreement to acquire EnVen Energy, a private operator in the deepwater US Gulf of Mexico for $1.1 billion
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McGuireWoods adds energy litigation partner
Oil & Gas North AmericaMcGuireWoods has appointed Shannon Kasley as an energy partner in its litigation group in Washington DC
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German state to nationalise Uniper
Oil & Gas EuropeThe government of Germany has agreed to acquire Fortum’s 293 million shares in Uniper for €500 million
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SDX Energy makes 2 board appointments
Oil & Gas EuropeUK-based O&G company SDX Energy has appointed Tim Linacre as interim chair of its board, with immediate effect
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Santos takes hit on NT gas megaproject
Oil & Gas Asia PacificThe Australian federal court has invalidated drilling permits for oil & gas major Santos' A$4.7 billion Barossa gas project off the coast of the Northern Territory
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TotalEnergies greenlights Argentine gas project
Oil & Gas Latin AmericaTotalEnergies has approved a final investment decision on the Fenix Offshore Gas Project in southern Argentina
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MAM hires MD for fund secondaries
Oil & Gas EuropeMacquarie Asset Management has appointed Irina Luckey as a managing director to support its infrastructure secondaries business across Europe, the Middle East and Africa
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Origin to divest NT fracking interest
Oil & Gas Asia PacificOrigin Energy plans to divest the entirety of its interest in the Beetaloo Basin LNG exploration project in the Northern Territory
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New JV formed for INTOG wind auctions
Oil & Gas EuropeEni-owned offshore wind company Vårgrønn and Scottish developer Flotation Energy are partnering to develop offshore wind farms powering oil and gas installations in the North Sea
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Sarthak expands into Mumbai
Oil & Gas Asia PacificSarthak Advocates & Solicitors has appointed Apoorva Chandra as partner to head its new Mumbai office, expanding its presence to 5 cities in India
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Evercore hires Krolick as senior MD
Oil & Gas North AmericaEvercore has hired Alexander Krolick away from Macquarie Group to serve as a senior managing director in the firm’s private capital markets group, based in New York
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UPDATE: Bayfront prices third IABS
Oil & Gas Asia PacificBayfront Infrastructure Management has priced its third issuance of infrastructure asset-backed securities, demonstrating continued investor demand for IABS and the Singapore-headquartered firm's ability to help partner banks recycle capital into more infrastructure financing transactions
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Tree Energy Solutions appoints senior officers
Oil & Gas EuropeGreen hydrogen supplier Tree Energy Solutions has appointed energy transition executive Alexandra Pieton as chief projects officer and energy commodity markets specialist Yves Vercammen as chief corporate officer
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IGas appoints new CFO and interim chair
Oil & Gas EuropeUK-based O&G company IGas has appointed Frances Ward as CFO and Chris Hopkinson as interim executive chair
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Shell announces new chief exec
Oil & Gas EuropeShell has appointed Wael Sawan as its new chief exec – effective 1 January next year