Airlife Gases acquires majority stake in Royal Helium
India-based helium and specialty gas supplier Airlife Gases has acquired a majority stake in Canadian helium exploration and production company Royal Helium. Airlife Gases now holds about 52.9% of Royal…
Argentina Bags First LNG Sales Contract
Argentina has secured its first agreement for long-term sales of liquefied natural gas, a key step in its bid to become a global supplier of the fuel as drilling ramps…
Alberta Government Urges Oil Regulator To Go Soft on Flaring
The provincial government of Alberta, Canada’s key oil and gas-producing province, has advised the Alberta Energy Regulator to go soft on imposing penalties for excess flaring, Reuters reported on Monday,…
TotalEnergies emerges as top bidder for Galp’s Namibia Mopane oil stake
(Bloomberg) – TotalEnergies SE has emerged as the leading bidder to buy a stake in Galp Energia SGPS SA’s major oil discovery offshore Namibia, according to people familiar with the…
BHP’s $53 Billion Takeover Bid for Anglo American Fails
BHP Group’s last offer to acquire Anglo American was for about $53 billion (£40 billion) in the late-November blitz in which the mining giant sought to derail an Anglo American-Teck…
UK Withdraws $1.1 Billion Support for Mozambique LNG Project
The UK government has decided to withdraw a $1.1-billion loan guarantee for TotalEnergies’ Mozambique LNG project as risks have increased and it is no longer in the interest of the…
CPC Terminal Hit by Drone but Kazakh Oil Exports Continue To Flow
Loadings of crude oil from Chevron’s project in Kazakhstan continue at the CPC terminal at the Russian port of Novorossiysk on the Black Sea, the U.S. supermajor told Reuters after…
TotalEnergies Sells 40% Stake in Nigerian Offshore Project to Chevron
TotalEnergies will sell a 40% stake in two exploration licenses offshore Nigeria to Chevron, as part of an ongoing discussion of global exploration opportunities between the two companies, the French…
Private Equity Pours $1.45 Billion Into UK Renewable Energy
UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners and other investors as private equity firms are increasingly backing renewables operations. …
Shell and Equinor JV Launches UK’s Top North Sea Producer
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s…
