Latest Oil & Gas News
Venture Global strikes another LNG deal
Venture Global LNG and Malaysian state-owned oil and gas company Petronas have signed a 20-year sale and purchase agreement for 1 million tonnes per annum of LNG
Sempra secures Polish LNG offtaker
Sempra Infrastructure has signed a heads of agreement with Polish Oil & Gas Company for the purchase of liquefied natural gas from 2 of the company’s US terminals
Lui promoted to Pinsent's head of China
Pinsent Masons has promoted Kanyi Lui as the head of China as the firm introduces a change in its Asia Pacific leadership structure
Diamondback to acquire Rattler Midstream
Diamondback Energy has reached an agreement to acquire Rattler Midstream in an all-stock transaction valued at $2.2 billion
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Afreximbank and APPO to form O&G bank
Oil & Gas Sub-Saharan AfricaThe African Export-Import Bank has signed an MoU with the African Petroleum Producers Organisation for the creation of an energy bank to enable private sector investment in the African oil & gas sector
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Petrobras cancels upstream farm-out
Oil & Gas Latin AmericaPetrobras has cancelled a planned farm-out for 4 deep-water production concessions in the Sergipe-Alagoas basin amid a change of strategy for its upstream divestment programme
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Ashurst expands infra team
Oil & Gas Asia PacificThe Australian arm of Ashurst has added 2 partners to its fast-growing projects and infrastructure team
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Paul Hastings poaches infra partners from Shearman
Oil & Gas North AmericaPaul Hastings has hired a 3-partner project finance and infrastructure team from Shearman & Sterling
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Seacrest Petróleo secures debt, equity investments
Oil & Gas Latin AmericaMercuria Energy has made a minority equity investment and provided acquisition financing for Seacrest Petróleo, an independent oil and gas exploration company active in Brazil
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Bowler joins RBC in Sydney
Oil & Gas Asia PacificHarry Bowler has this week joined RBC Capital Markets in Sydney as vice president following a 5-year stint at Capella Capital
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Buckeye to acquire Bear Head Energy
Oil & Gas North AmericaBuckeye Partners has reached an agreement to acquire Bear Head Energy, which owns a clean energy development project in an industrial complex in Point Tupper, Nova Scotia
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PV Gas, AES get greenlight for Vietnam LNG midstream
Oil & Gas Asia PacificVietnam state-owned PetroVietnam Gas and US electric distributor AES have inched one step closer to closing a $1.4 billion LNG terminal project in southeast Vietnam
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Oz O&G association appoints new CEO
Oil & Gas Asia PacificAustralian oil and gas industry group The Australian Petroleum Production & Exploration Association has announced the appointment of Samantha McCulloch as its chief executive
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Clyde & Co’s Leckie moves to Dubai
Oil & Gas MENAClyde & Co has relocated partner David Leckie from London to Dubai “to further strengthen the firm’s global energy, marine, and natural resources practice in the Middle East and Africa"
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EXCLUSIVE Deadline revealed for European storage SPA
Oil & Gas EuropeThe seller of a company which owns and operates 9 storage terminals across Europe hopes to have signed an SPA by the end of July
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Brazil eyes possible Petrobras privatisation
Oil & Gas Latin AmericaThe new Brazilian energy minister, Adolfo Sachsida, has lodged a formal request to add state-owned oil giant Petrobras to the national privatisation portfolio – the first clear sign of movement for the policy
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IFC looks at Cameroon LPG loan
Oil & Gas Sub-Saharan AfricaThe IFC is arranging a €55 million loan to cover the full cost of Cameroonian downstream distributor Bocom Petroleum’s LPG expansion and diversification project
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Predator O&G makes 2 NED hires
Oil & Gas EuropeJersey-based Predator Oil & Gas has appointed Tom Evans and Alistair Jury as new non-exec directors on its board with immediate effect
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Williams completes Trace acquisition
Oil & Gas North AmericaWilliams has completed its previously announced acquisition of Trace Midstream’s Haynesville shale natural gas gathering and processing assets for $950 million