Angola’s Sonangol declared as sole owner of investment in Galp
In 2019, Exem was seeking to legitimise the alleged 40% share transfer in Esperaza, which holds stake in Galp, from Sonangol.
News
PGNiG terminates LNG supply deal with Sempra Energy
The Polish company was to receive approximately two million tonnes of LNG per year starting...
Gazprom to pay $412m in advance to reserve Bulgarian pipeline capacity
Bulgartransgaz will use a part of the raised proceeds to partially repay debts to the...
Shell approves oil field development in US Gulf of Mexico
The Whale deepwater field has estimated recoverable resources of 490 million barrels of oil equivalent.
Pembina terminates $6.7bn acquisition deal with Inter Pipeline
The move paves the path for Inter Pipeline to pursue the revised bid placed by...
Wellesley to swap certain Norwegian assets with Equinor Energy
Wellesley will retain a 23.7% stake in the Grosbeak discovery as well as 40% stakes in the Grosbeak and Kallåsen discoveries.
Dana Gas wins arbitration case on Egyptian assets sale
IPR Wastani initiated the arbitration after Dana Gas scrapped the onshore assets sale deal, which was signed in 2020.
TotalEnergies secures approval to develop Iraq’s Ratawi gas field
Production from the Ratawi field in Basra Governorate is aimed to increase from 60,000bpd to 200,000bpd.
India’s Reliance to start production from MJ in Q4 2022
The MJ field, which is a part of KG-D6 offshore block, will have an annual average production capacity of 90 million boed.
Russia plans to start operations of Nord Stream 2 gas pipeline soon
The pipeline will bring 55 billion cubic meters of gas annually from Russia to Germany through the Baltic Sea.
Iran commissions new oil terminal to bypass Hormuz Strait for exports
The terminal will receive up to one million bpd of light, heavy, and ultra-heavy crude oil from the Goureh-Jask pipeline.
