Gas
AG&P LNG Acquires 49% Stake in Fully Constructed Cai Mep LNG Terminal in South Vietnam, Developed by Hai Linh Company Limited
Announces strategic partnership between AG&P LNG and Hai Linh Company Limited to establish a Joint Venture for LNG trading and downstream gas distribution in Vietnam. * Cai Mep, a US$ 500M LNG Import Terminal, with a capacity of 3 MTPA, expandable to 6 MTPA, is one of the only two existin...
H.E. Minister Al-Kaabi announces raising Qatar's LNG production capacity to 142 MTPA before the end of 2030
DOHA, Qatar, Feb. 26, 2024 /PRNewswire/ -- QatarEnergy has announced that it is proceeding with a new LNG expansion project, the 'North Field West' project, to further raise theState of Qatar's LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade, representin...
Venture Global and Grain LNG sign new deal further strengthening the security of supply of natural gas to the United Kingdom
ARLINGTON, Va., Feb. 5, 2024 /PRNewswire/ -- Today, Grain LNG and Venture Global have announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and sale of LNG from all of Venture Global's terminals inLouisiana, including CP2 LNG, subject to obtaining...
CNOOC Limited Announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project Commences Production
HONG KONG, Feb. 5, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project has commenced production. The project is located in Liaodong B...
Nebula Energy LLC buys majority stake in AG&P LNG, a subsidiary of AG&P Group, focused on integrated LNG terminal and downstream gas market development
Nebula Energy is investing US$300 Million in AG&P LNG platform to fast-track LNG terminal development across emerging markets in South andSoutheast Asia * Nebula Energy LLC, an integrated investment, development, and asset management firm based inFlorida, USA is backed by Mr. Peter Gibson, Foun...
CNOOC Limited Announces Its 2024 Business Strategy and Development Plan
HONG KONG, Jan. 25, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its business strategy and development plan for the year 2024. * Continue to increase reserves and production, significantly gear up annual pr...
Aramco expands global venture capital program with $4bn funds injection
* Company more than doubles funding for its venture capital arm, Aramco Ventures * Decision supports Aramco's long-term strategy through investments in strategic areas of business development * Intention to finance game-changing innovations across a variety of industries DHAHRAN, Saudi Arab...
CNOOC Limited Announces Lufeng Oilfields Phase II Development Project Commences Production
HONG KONG, Jan. 3, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Lufeng Oilfields Phase II Development Project has commenced production. The project is located in the eastern South China Sea, with an avera...
CNOOC Limited Announces Mero2 Project Commences Production
HONG KONG, Jan. 2, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely. Mero, Brazil's third largest oilfield, is located in the Santos Basin pre-salt southeastern offsho...
Libra Consortium announces first production at Mero Field's FPSO Sepetiba in Brazilian pre-salt
RIO DE JANEIRO, Jan. 1, 2024 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announces the start of production of the FPSO Sepetiba in the Mero field, offshore Santos Basin inBrazil. The FPSO Sepetiba, also known as Mero-2, has an operational capacity of 12 ...
Shell Invests in the Sparta Development in the Gulf of Mexico
HOUSTON, Dec. 19, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of
Shell plc, today announced the Final Investment Decision (FID) for Sparta, a
deep-water development in the U.S.Gulf of Mexico that represents our
competitive approach to simplifying and replicating projects.
Frost & Sullivan Unveils Champions of Sustainable Excellence in the 2023 Sustainability 4.0 Awards
~20 awards were presented to companies for their exemplary performance at the 14th edition~ ~Nominations for the 15th edition of the awards are now open ~ MUMBAI, India, Dec. 18, 2023 /PRNewswire/ -- The 14th edition of Frost & Sullivan Sustainability 4.0 Awards was conducted on December 15, 202...
Adani Total Gas Ltd. launches Green Hydrogen Blending Pilot Project
Aims to adapt green hydrogen as an alternative energy * ATGL to use latest technologies to blend green hydrogen with natural gas for over 4,000 Home and Commercial PNG customers during the pilot phase * Project will enhance existing infrastructure, diversify energy mix, develop hydrogen ecos...
CNOOC Limited Announces Payara Project in Guyana Commences Production
HONG KONG, Nov. 15, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Payara Project has commenced production safely. Payara Project locates in the Stabroek Block offshore Guyana and produces with 1 FPSO and 41 sub...
CNOOC Limited Announces Bozhong 19-6 Condensate Gas Field Phase I Development Project Commences Production
HONG KONG, Nov. 14, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Condensate Gas Field Phase I Development Project has commenced production. The project is located in central Bohai Sea, with an...
Venture Global Announces Closing of $1,000,000,000 Senior Secured Notes
ARLINGTON, Va., Nov. 9, 2023 /PRNewswire/ -- Venture Global LNG, Inc. ("Venture Global") announced today that it has closed its offering of$1 billion aggregate principal amount of senior secured notes which have been issued in two series: (i) a series of 9.500% senior secured notes due 2029 in an...
China's Largest LNG Storage Tank of 270,000 Cubic Meters Now in Operation
QINGDAO, China, Nov. 3, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially putChina's first and also the world's largest LNG storage tank of 270,000 cubic meters into service on November 2 at its Qingdao LNG Receiving Terminal. The tank will add 165 m...
CNOOC Limited Announces Penglai 19-3 Oilfield Area 5/10 Development Project Commences Production
HONG KONG, Oct. 27, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Penglai 19-3 Oilfield Area 5/10 Development Project has commenced production. The project is located in south-central Bohai Sea, with an av...
CNOOC Limited Announces Enping 18-6 Oilfield Development Project Commences Production
HONG KONG, Oct. 26, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Enping 18-6 Oilfield Development Project has commenced production. The project is located in the Pearl River Mouth Basin of the South China...
Venture Global Announces Closing of $4,000,000,000 Senior Secured Notes
ARLINGTON, Va., Oct. 25, 2023 /PRNewswire/ -- Venture Global LNG, Inc. ("Venture Global") announced today that it has closed its offering of$4 billion aggregate principal amount of senior secured notes which have been issued in two series: (i) a series of 9.500% senior secured notes due 2029 in a...
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