Back to homepage

Oil & Gas News

Clear Creek Midstream closes US$300 million equity commitment from EnCap Flatrock Midstream

Clear Creek Midstream closes US$300 million equity commitment from EnCap Flatrock Midstream

🕔Feb 12, 2019

Clear Creek Midstream, LLC has announced an initial venture capital commitment of US$300 million from EnCap Flatrock Midstream.

Read Full Article
IPPToday #351: ExxonMobil and Qatar Petroleum to proceed with US$10 billion LNG project in Texas

IPPToday #351: ExxonMobil and Qatar Petroleum to proceed with US$10 billion LNG project in Texas

🕔Feb 8, 2019

ExxonMobil and Qatar Petroleum have announced a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.

Read Full Article
IPPToday #347: PPA signed for 1.8 GW (and first independent) combined cycle power plant in Sharjah

IPPToday #347: PPA signed for 1.8 GW (and first independent) combined cycle power plant in Sharjah

🕔Jan 31, 2019

General Electric (GE) and Sumitomo Corporation have signed a 25-year Power Purchase Agreement (PPA) with the Sharjah Electricity and Water Authority (SEWA) to develop, build and operate a 1.8 GW combined cycle power plant located in Hamriyah.

Read Full Article
IPPToday #346: US$4.4 billion financial close for Trans-Adriatic Pipeline

IPPToday #346: US$4.4 billion financial close for Trans-Adriatic Pipeline

🕔Jan 30, 2019

The Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure project in 2018.

Read Full Article
BNDES signs US$450 million financing for LNG-fired power plant

BNDES signs US$450 million financing for LNG-fired power plant

🕔Jan 14, 2019

The National Economic and Social Development Bank (BNDES) of Brazil has announced the signing of the financing agreement of BRL1.76 billion (US$453.5 million) to UTE GNA I Power Generation for the implementation of a Liquefied Natural Gas (LNG) thermoelectric plant.

Read Full Article
IPPToday #307: Tender launched for US$2 billion LNG project in the Philippines

IPPToday #307: Tender launched for US$2 billion LNG project in the Philippines

🕔Oct 25, 2018

The Philippine National Oil Company (PNOC) is seeking a joint-venture partner to design, build, finance, operate and maintain a liquefied natural gas (LNG) hub in Batangas Bay, located in Batangas province on the Luzon island of the Philippines. The project could cost up to US$2 billion.

Read Full Article
IPPToday #295: LNG Canada partners to proceed with US$14 billion LNG project in British Columbia

IPPToday #295: LNG Canada partners to proceed with US$14 billion LNG project in British Columbia

🕔Oct 3, 2018

LNG Canada has announced that its joint venture participants – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS – have taken a Final Investment Decision (FID) to build an LNG export facility in Kitimat, British Columbia.

Read Full Article
IPPToday #268: Operators in US' largest shale oil basin agree to US$9.2 billion merger

IPPToday #268: Operators in US' largest shale oil basin agree to US$9.2 billion merger

🕔Aug 17, 2018

Diamondback Energy, Inc. and Energen Corporation have announced that they have entered into a definitive agreement under which Diamondback will acquire Energen in an all-stock transaction valued at approximately US$9.2 billion.

Read Full Article
IPPToday #260: L&G approves US$260 million financing for gas pipeline in Northern Ireland

IPPToday #260: L&G approves US$260 million financing for gas pipeline in Northern Ireland

🕔Aug 6, 2018

Mutual Energy has secured GBP200 million (US$260.0 million) financing from Legal & General to cover construction costs of the Gas to the West project. This involves the delivery of an 80km extension to the existing gas network in Northern Ireland through a mainly underground pipeline running from Portadown to (near) Enniskillen.

Read Full Article
IPPToday #244: Enbridge and Brookfield agree US$3.3 billion natural gas sale

IPPToday #244: Enbridge and Brookfield agree US$3.3 billion natural gas sale

🕔Jul 9, 2018

Enbridge Inc. has entered into definitive agreements to sell its natural gas gathering and processing (G&P) business based in Canada to Brookfield Infrastructure and its institutional partners for a cash purchase price of CAD4.31 billion (US$3.29 billion).

Read Full Article
Allianz Global Investors’ Infrastructure Debt and Fermaca reached a deal to refinance El Encino–La Laguna Mexico gas pipeline

Allianz Global Investors’ Infrastructure Debt and Fermaca reached a deal to refinance El Encino–La Laguna Mexico gas pipeline

🕔Jul 5, 2018

Allianz Global Investors (AllianzGI), has announced that it has made an investment on behalf of its clients into the term refinancing of El Encino – La Laguna pipeline (EELL), an operating natural gas pipeline with over 476 Kilometres in central Mexico, sponsored by Fermaca.

Read Full Article
IPPToday #228: Chinese and Korean firms to develop multi-billion LNG projects in the Philippines

IPPToday #228: Chinese and Korean firms to develop multi-billion LNG projects in the Philippines

🕔Jun 8, 2018

SK E&S, a subsidiary of Korean conglomerate SK Group, has signed a Letter of Intent (LOI) with the Department of Energy of the Philippines proposing the construction of liquefied natural gas (LNG) infrastructure worth US$1.7 billion. In addition, Phoenix Petroleum and China National Offshore Oil Corp (CNOOC) have signed a Memorandum of Understanding (MOU) to develop LNG projects in the country.

Read Full Article
IPPToday #224: Total launches US$1.2 billion offshore oil production project in Angola

IPPToday #224: Total launches US$1.2 billion offshore oil production project in Angola

🕔Jun 1, 2018

Total and its partners have launched the Zinia 2 project, a deep offshore short-cycle development in an area 150km off the coast of Angola, known as Block 17. The launch follows the developers' final investment decision (FID) to proceed with the project, which has a budget of US$1.2 billion.

Read Full Article
PBF Energy closes US$3.4 billion credit facility

PBF Energy closes US$3.4 billion credit facility

🕔May 22, 2018

PBF Holding Company LLC, a subsidiary of PBF Energy, has announced that it and certain of its subsidiaries' have entered into a new five-year revolving credit agreement.

Read Full Article
IPPToday #212: MoU signed for 3.2 GW LNG project in Vietnam

IPPToday #212: MoU signed for 3.2 GW LNG project in Vietnam

🕔May 16, 2018

Energy Capital Vietnam (ECV) has announced that it has signed a Memorandum of Understanding (MOU) with The People's Committee of Bac Lieu Province to develop an integrated Liquefied Natural Gas (LNG) to power project in the province, which is located in the Mekong Delta region of the country.

Read Full Article
Energy reguator approves Turkey's first LNG production and storage project

Energy reguator approves Turkey's first LNG production and storage project

🕔May 11, 2018

LNG Gaz Uretim Depolama ve Satis AS has received approval to develop onshore LNG production and storage facilities in the midwestern and northern Anatolian regions of Turkey. This is the first project of its kind to be approved in the country.

Read Full Article
Actis acquires 2.2 GW portfolio from InterGen

Actis acquires 2.2 GW portfolio from InterGen

🕔May 3, 2018

Actis has announced that it has acquired InterGen's portfolio of businesses in Mexico for a consolidated enterprise value of US$1.256 billion.

Read Full Article
IPPToday #198: US$1.5 billion raised for LNG-to-power project in Brazil

IPPToday #198: US$1.5 billion raised for LNG-to-power project in Brazil

🕔Apr 24, 2018

Centrais Elétricas de Sergipe (CELSE), a special purpose vehicle majority-owned by Golar Power, has announced the signing of financing agreements for the Porto de Sergipe I project, which involves the development of a thermal power plant that will process natural gas in electric energy in Barra dos Coqueiros, Sergipe state, north-east Brazil.

Read Full Article
LNG Canada to benefit from Government of British Columbia's latest tax cuts

LNG Canada to benefit from Government of British Columbia's latest tax cuts

🕔Apr 11, 2018

The government of British Columbia has announced new conditions and tax rebates for liquefied natural gas (LNG) projects in the province, in a suspected bid to prompt the final investment decision of the LNG Canada project, which was delayed indefinitely in July 2016.

Read Full Article
IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

🕔Apr 6, 2018

The Government of Vietnam has appointed the EDF Group as leader of the international consortium in charge the Son My 1 project, located in the Quang Ngai province of Vietnam. The project involves the construction of a 2000 MW gas-fired power plant, which uses combined cycle gas turbine technology.

Read Full Article