Aramco signs $11bn Jafurah midstream deal with Global Infrastructure Partners
Saudi Aramco has signed an $11bn (SR41.25bn) lease and leaseback agreement for its Jafurah gas processing facilities with a consortium…
All articles by Vasanthi Vara
Vasanthi Vara
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Venture Global announces FID and $15.1bn financing for CP2 LNG phase one
Venture Global has announced a final investment decision (FID) and the successful closure of $15.1bn in project financing for the…
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Woodside to assume operatorship of Bass Strait assets in Australia
Woodside has agreed to take over the operatorship of the Bass Strait assets in Australia following an agreement with ExxonMobil…
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EQT settles class action lawsuit for $167.5m over merger claims
American energy company EQT has agreed to pay $167.5m to settle a class action lawsuit filed by investors who alleged…
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TotalEnergies acquires 25% interest in Block 53 offshore Suriname
TotalEnergies has announced the signing of an agreement with Spanish company Moeve (formerly CEPSA) to acquire the 25% interest held by…
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Diversified Energy and Carlyle to invest $2bn in US natural gas assets
Diversified Energy Company, a natural gas and liquids production operator, has announced a collaboration with investment company Carlyle to invest…
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Naftogaz wins $1.3bn arbitration against Gazprom
The international arbitration tribunal in Zurich, Switzerland, has ordered Russia's Gazprom to pay $1.37bn (Rbs101.88bn) in unpaid gas transit organisation…
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Thailand’s PTT forms partnership with Glenfarne for Alaska LNG project
Glenfarne Alaska LNG has entered a cooperation agreement with Thailand’s PTT Public Company for participation in the Alaska LNG project, including…
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Sinopec secures ISO approval for China’s heavy oil development technical specification
Sinopec has achieved a significant milestone by securing the ISO's approval for China's first Technical Specifications for Multi-element Thermal Composite…
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Chennai Petroleum to raise $3.3bn for new oil refinery in India
Chennai Petroleum is in discussions with banks to secure a substantial loan of $3.3bn to support the construction of a…