13 July 2023
13 July 2023
At the 20th International Conference & Exhibition on Liquified Natural Gas in Vancouver, Qatar’s energy minister spoke about the country’s efforts to meet climate goals, the push for oil and gas investments, and dominating LNG supplies by 2029.
Dominion Energy will sell its remaining stake in the Cove Point LNG facility to Warren Buffet's Berkshire Hathaway Energy.
The Canadian oil and gas business has a binding letter of intent in place to purchase 6.25% of the block from Eco (Atlantic) Oil & Gas subsidiary Azinam.
Natural gas is currently exempt from the EU’s Russian energy sanctions.
The separate arbitrations, both regarding non-delivery of LNG cargoes, add to a third case brought against Venture in June by Italian company Edison.
German authorities took over operational control of the refinery after Russia invaded Ukraine.
The ConocoPhillips drilling programme is due to be carried out in exploration permits VIC/P79 and T/49P.
The deal will see HNRC rebrand to Cunningham Natural Resources Corp.
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