Texas LNG plant expands gas tolling agreement with EQT
Texas LNG, a subsidiary of Glenfarne Energy Transition, has expanded its natural gas tolling agreement with US gas company EQT. …
24 Apr 2024
Ithaca Energy to acquire Eni’s upstream assets in UK for £754m
Ithaca Energy has reached an agreement to acquire Eni's UK upstream oil and gas assets in a deal valued at approximately £754m ($937.7m). The deal will see Ithaca issue 635…
23 Apr 2024
Galp mulling stake sale in Namibian oilfield following significant discovery
Portuguese oil and gas company Galp Energia has initiated the sale of stake in its exploration block off the coast of Namibia, reported Reuters, citing three industry sources familiar with…
23 Apr 2024
TotalEnergies to acquire remaining 50% stake in Malaysia’s SapuraOMV
TotalEnergies has signed an agreement to acquire the remaining 50% interest in Malaysian gas producer SapuraOMV from Sapura Upstream Assets for $530m (€496.14m). This follows an earlier deal in January…
23 Apr 2024
Aramco in negotiations to buy minority stake in China’s Hengli Petrochemical
Saudi Arabian oil giant Aramco has confirmed it is in talks to acquire a minority equity stake in Hengli Petrochemical to bolster its presence in the Chinese market. The company…
22 Apr 2024
Oman LNG inks LNG supply deal with TotalEnergies
Oman LNG has signed a sale and purchase agreement (SPA) with its shareholder TotalEnergies to supply 800,000 tonnes per annum (tpa) of LNG, starting from 2025. TotalEnergies, which holds a…
19 Apr 2024
Elliott contemplating bid for parent of Citgo Petroleum
Elliott Investment Management is considering a bid for shares in the parent company of oil refiner Citgo Petroleum as part of a US court-ordered auction, reported Reuters, citing sources. Elliott's…