Back to homepage

Oil & Gas News

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
Financial close for the USD 2.1 billion Oil Shale Power Project in Jordan

Financial close for the USD 2.1 billion Oil Shale Power Project in Jordan

🕔Mar 24, 2017

Attarat Power Company announced that it has reached financial close for the project to construct the first oil shale fired power station and open cast mine in Jordan.

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
Pertamina, Marubeni, Sojitz team win US$2 billion Java-1 power plant contract

Pertamina, Marubeni, Sojitz team win US$2 billion Java-1 power plant contract

🕔Dec 15, 2016

Pertamina-led consortium has secured first place in the bidding for US$2 billion contract for 1.6 GW power plant Java-1. The plant will be located in West Java, Indonesia.

Read Full Article
Ophir Energy and OneLNG sign agreement for the Fortuna FLNG project off Equatorial Guinea

Ophir Energy and OneLNG sign agreement for the Fortuna FLNG project off Equatorial Guinea

🕔Dec 12, 2016

Ophir Holdings & Ventures LTD, a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM , a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, have announced that they have signed a binding Shareholders’ Agreement to establish a Joint Operating Company (JOC) to develop the Fortuna project, in Block R, offshore Equatorial Guinea utilising Golar’s FLNG technology.

Read Full Article
Suncor Energy appoints Michael Creel

Suncor Energy appoints Michael Creel

🕔Dec 7, 2016

Suncor has appointed Michael Creel to the firms's board of directors. Mr. Creel's appointment will be effective on 1 January 2017.

Read Full Article
Repsol closes refinancing for La Pampilla refinery in Peru

Repsol closes refinancing for La Pampilla refinery in Peru

🕔Dec 5, 2016

Spanish-based Repsol has closed the refinancing for its 83% owned refinery project in Peru,  La Pampilla.

Read Full Article
Allianz acquires 30% stake in E.ON Romanian gas and electricity grids

Allianz acquires 30% stake in E.ON Romanian gas and electricity grids

🕔Dec 1, 2016

Allianz has reached an agreement with E.ON to purchase a 30.0 percent stake in E.ON Distribuţie România, an electricity and gas distribution network operator in the northern part of Romania.

Read Full Article
Enagás increases its stake in the GNL Quintero plant in Chile to 60.4%

Enagás increases its stake in the GNL Quintero plant in Chile to 60.4%

🕔Nov 25, 2016

Enagás, through its subsidiary Enagás Chile, has finalised the acquisition of 20% of the GNL Quintero regasification plant from the company Aprovisionadora Global de Energía.

Read Full Article
Financial close reached for Villa de Reyes-Aguascalientes-Guadalajara gas pipeline

Financial close reached for Villa de Reyes-Aguascalientes-Guadalajara gas pipeline

🕔Nov 25, 2016

Fermaca has achieved financial closure for Villa de Reyes-Aguascalientes-Guadalajara gas pipeline project.

Read Full Article