Back to homepage

Oil & Gas News

Pearl Energy Investments closes second fund

Pearl Energy Investments closes second fund

🕔Aug 16, 2017

Pearl Energy Investments has announced that it held its first and final closing of Pearl Energy Investments II, L.P. at its hard cap with total commitments of US$600 million

Read Full Article
Blackstone acquires stake in Rover pipeline for US$1.57 billion

Blackstone acquires stake in Rover pipeline for US$1.57 billion

🕔Aug 16, 2017

Energy Transfer Partners has announced that its wholly owned subsidiaries, Energy Transfer Interstate Holdings (ETIH) and ET Rover Pipeline (HoldCo), have signed an agreement with funds managed by Blackstone Energy Partners and Blackstone Capital Partners whereby Blackstone will contribute approximately US$1.57 billion in cash in exchange for a 49.9% interest in HoldCo.

Read Full Article
InterGen to Sell Mexico Assets

InterGen to Sell Mexico Assets

🕔May 26, 2017

InterGen has recently announced plans to advance the sale of its business interests in Mexico. It is expected that a formal sales process will be launched shortly.

Read Full Article
DONG Energy to divest its upstream oil and gas business

DONG Energy to divest its upstream oil and gas business

🕔May 25, 2017

DONG Energy has agreed to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of US$1,050 million on a cash and debt free basis, a contingent payment of US$150 million related to the Fredericia stabilisation plant and a contingent payment of up to US$100 million subject to the development of the Rosebank field.

Read Full Article
EIG Global Energy Partners raises USD2 billion

EIG Global Energy Partners raises USD2 billion

🕔May 11, 2017

EIG Global Energy Partners (EIG) has announced the final close of Global Private Debt Fund (GPF IV), a continuation of the firm’s platform for energy and infrastructure credit and direct lending.

Read Full Article
IFC to finance Excelerate Energy Ltd to build Bangladesh’s first LNG import terminal

IFC to finance Excelerate Energy Ltd to build Bangladesh’s first LNG import terminal

🕔May 10, 2017

The private finance arm of World Bank, International Finance Corporation (IFC), has agreed to extend finance to build Bangladesh’s first LNG import terminal to Excelerate Energy Ltd.

Read Full Article
Nord Stream 2 secures financing with five European companies

Nord Stream 2 secures financing with five European companies

🕔Apr 28, 2017

The Nord Stream 2 project, being pursued by Gazprom, has taken another important step towards its implementation, responding to the need of the European Union for additional gas imports and thereby improving security of supplies to Europe.

Read Full Article
OMERS acquires stake in Chilean Quintero LNG terminal

OMERS acquires stake in Chilean Quintero LNG terminal

🕔Apr 19, 2017

Borealis Infrastructure, the infrastructure investment manager of OMERS, has announced that it has signed an agreement to acquire a 34.6% stake in GNL Quintero S.A., (GNLQ).

Read Full Article
M2 Infrastructure and TransCanada to pursue development of oil storage in Oklahoma

M2 Infrastructure and TransCanada to pursue development of oil storage in Oklahoma

🕔Mar 27, 2017

MInfrastructure LLC has announced that it has entered into a Memorandum of Understanding with TransCanada Corporation to pursue construction of 6.2 million barrels of new crude oil storage at TransCanada’s terminal in Cushing, Oklahoma.

Read Full Article
$535 million financing for Mexico natural gas pipeline

$535 million financing for Mexico natural gas pipeline

🕔Mar 15, 2017

International lenders have announced the US$535 million permanent financing for a 380-mile natural gas pipeline running between Samalayuca, Chihuahua and Sásabe, Sonora.

Read Full Article
Financial close for oil & gas field project in Ghana

Financial close for oil & gas field project in Ghana

🕔Mar 14, 2017

International Finance Corporation (IFC), UK Export Finance (UKEF) and a commercial bank group led by HSBC, ING, Société Générale and Standard Chartered Bank acted as lenders on the financing of Vitol’s participation in the Offshore Cape Three Points (OCTP) oil and gas field project involving the development of the Sankofa-Gye Nyame fields in Ghana.

Read Full Article
Macedonia tender gas pipeline project

Macedonia tender gas pipeline project

🕔Mar 8, 2017

Macedonia has launched a tender process to develop a secondary and tertiary gas pipeline through a public-private partnership (PPP).

Read Full Article
Mozambique awards three gas to power projects

Mozambique awards three gas to power projects

🕔Feb 15, 2017

The National Petroleum Institute (NPI) has announced that the government of Mozambique, which has vast offshore gas resources, has awarded gas development projects in the Rovuma gas basin to Norway's Yara International, Shell Mozambique and GL Energy Africa.

Read Full Article
Peru scraps gas pipeline project

Peru scraps gas pipeline project

🕔Feb 8, 2017

The Government of Peru has cancelled Odebrecht contract to develop the Southern Gas Pipeline (GSP) after the consortium failed to meet its financing deadline.

Read Full Article
EIV Capital Closes $450 Million Midstream Energy Private Equity Fund

EIV Capital Closes $450 Million Midstream Energy Private Equity Fund

🕔Feb 7, 2017

EIV Capital, an energy-focused private equity firm, has announced the final closing of its third fund, EIV Capital Fund III, LP and its affiliates, at its hard cap of US$450 million, surpassing its original US$350 million target.

Read Full Article
Ancala completes UK fundraising at upper end of target

Ancala completes UK fundraising at upper end of target

🕔Jan 17, 2017

Ancala Partners has successfully completed fundraising for its UK infrastructure platform, which it developed by working closely with Willis Towers Watson, the global investment business.

Read Full Article
Statoil wins offshore wind lease in New York

Statoil wins offshore wind lease in New York

🕔Dec 29, 2016

Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York.

Read Full Article
Institutional investors in sale of stake UK gas distribution business

Institutional investors in sale of stake UK gas distribution business

🕔Dec 27, 2016

National Grid has announced that it has entered into an agreement to sell a 61% equity interest in its UK gas distribution business (NGGD) to a consortium of long-term infrastructure investors.

Read Full Article
Total becomes operator of LNG terminal project in Ivory Coast

Total becomes operator of LNG terminal project in Ivory Coast

🕔Dec 23, 2016

The CI-GNL (Ivory Coast LNG) consortium led by Total has been awarded the rights to build and operate a liquefied natural gas (LNG) re-gasification terminal in Ivory Coast with a capacity of 3 million tons per year.

Read Full Article
Financial close for Bahrain LNG project

Financial close for Bahrain LNG project

🕔Dec 22, 2016

Bahrain LNG has announced it has completed limited recourse financing for the LNG receiving and regasification terminal project.

Read Full Article