All articles by Alex Donaldson
Alex Donaldson
Caspian Sunrise sells 50% of Caspian Explorer drilling vessel
The vessel, acquired by the company in 2020, was awarded a contract in March for up to $30m worth of well drilling in the north Caspian Sea.
Sembcorp to further natural gas imports from Indonesia
The $1.41bn deal will supplement Sembcorp’s existing gas imports and maintain its status as the country’s largest importer.
Mozambique LNG partners approve plan for return of TotalEnergies operations
TotalEnergies declared force majeure on the LNG project after insurgent violence hit the area in 2021.
Study finds link between climate litigation and share prices of big polluters
The study showed a statistically significant drop in share prices of companies subject to unfavourable judgements in climate court cases.
Tullow becomes sole owner of Kenyan oil project as TotalEnergies and Africa Oil divest
The move will leave Tullow in sole operational control, although the company is still in search of investors.
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Nigeria’s Dangote opens new 650,000- barrel-per-day refinery
The 2,635-hectare facility is the largest single-train refining project in the world.
KUFPEC to sell all Norwegian oil and gas assets in strategy shift
Kuwait’s state petroleum company is putting its entire Norwegian portfolio up for sale.
BNP Paribas announces end to funding to new oil and gas fields
The bank has pledged to cut oil exploration financing by 80%, but critics believe the move is not enough.
Gail plans $4.89bn ethane processor close to LNG plant
The plant will turn ethane from natural gas into ethylene for use in plastics and resins.
Enquest to increase gas production in Malaysia with Petronas
Petronas and Enquest, joint holders of the Seligi field, agreed a deal that includes provisions for more gas wells.