Japan is expected to announced on Wednesday a public-private initiative worth up to $10 billion to target the growing demand for liquefied natural gas (LNG) infrastructure in Asia, Nikkei reported Monday.
Canadian-based, Latin American-focused oil and gas company Frontera Energy said on Monday it will acquired the 36.36% outstanding share in Pacific Midstream from the International Finance Corporation and other related funds.
INEOS Shale, a unit of UK’s petrochemical giant INEOS, announced on Monday it has appointed Ron Coyle as its new chief executive to lead the company into operational phase, Kallanish Energy learns.
UK’s Environment Agency (EA) approved on Tuesday Third Energy’s Hydraulic Fracture Plan for its well site at Kirby Misperton, in North Yorkshire, leaving the onshore explorer with one last hurdle before it can start fracking in England, Kallanish Energy reports.
French lender BNP Paribas said Wednesday it will no longer do business with companies whose main activity involves shale and oil sand projects, a move taken to “accelerate” support of the energy transition.