Deal News
Argentina’s YPF seeks Energy Transfer funding for key oil pipeline Â
YPF is in discussions with US-based Energy Transfer regarding financing for a crucial cross-country pipeline, reported Bloomberg.
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Alaska
Alaskan federal court overturns sale of oil and gas lease
Alaskan judge suspends a lease related to an oil and gas sale in the Cook Inlet basin, after finding issues with an environmental study.
Deal News
TotalEnergies to sell stake in Nigerian assets to Chappal Energies for $860m Â
TotalEnergies has completed an agreement to sell its 10% interest in the SPDC JV licences to Chappal Energies in a deal valued at $860m.Â
Deal News
SK Innovation and SK E&S announce merger to create $72bn asset energy companyÂ
South Korean oil refining company SK Innovation and energy affiliate SK E&S have agreed to merge their operations.
Industry News
16 crew missing after oil tanker capsizes off Oman’s coastÂ
The tanker, over 100 metres long, reportedly overturned 25 nautical miles southeast of Ras Madrakah, close to the port of Duqm in Oman.
Deal News
Aramco to acquire 50% stake in Air Products Qudra’s unit Â
Aramco has agreed to purchase a 50% equity stake in Blue Hydrogen Industrial Gases Company (BHIG), a subsidiary of Air Products Qudra (APQ).Â
Industry News
Saudi oil cuts prompt IMF to downgrade kingdom’s growth projections
Saudi Arabia has seen its IMF growth projections downgraded, in a move that reflects its recent move to reduce output.
Deal News
Enersol to acquire 51% stake in NTS AMEGAÂ
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has agreed to acquire a 51% stake in NTS AMEGA for $58m. Â
Company News
Chesapeake Utilities gets approval for three renewable natural gas projects Â
Chesapeake Utilities has announced that it has secured approval for three natural gas projects from the US Florida Public Service Commission.Â
Industry News
Strong oil and gas demand supporting Permian Basin’s production growth, says GlobalData
According to a new report published by GlobalData, Permian Basin oil and gas production growth is set to continue.