West Virginia-based Greylock Energy has something new and something old. The company was created last November by parent company ArcLight Capital Partners and other partners with an investment of $400 million, Kallanish Energy reports
Israeli energy company Delek Drilling and its partners, including U.S.-based oil and gas firm, Noble Energy, announced on Monday two natgas supply agreements to Egypt’s Dolphinus Holdings worth $15 billion.
Russia’s Novatek will pay diamond mining firm Alrosa some 30.3 billion roubles ($540 million) for the 100% acquisition of two companies, which together own areas estimated to hold resources of 1.08 billion barrels of oil equivalent (BBOE).
Italian oil major Eni expects its oil and gas production to grow by 3% this year, thanks to ramp-ups mainly in Egypt, Angola and Indonesia and a number of satellites phases start-ups at giant producing fields in Libya, Angola and Ghana, Kallanish Energy learns.
Global oil and gas professionals have no doubt natural gas will play an important role in the energy world through 2050, but they fail to realize measures to abate the gas supply chain is crucial for such role.
South Dakota-based energy company Black Hills Corp. is selling its oil and gas development business, after failing to secure regulatory approval from various states to participate in a so-called cost-of-service natural gas program.
France’s Total S.A., Austria’s Borealis AG and Calgary-based NOVA Chemicals on Monday announced affiliates of the three companies are forming a petrochemicals joint venture based on the U.S. Gulf Coast.