Private equity firm ArcLight Capital Partners’ LOGOS Resources II portfolio company is acquiring independent producer WPX Energy's legacy gas properties and undeveloped Mancos acreage in the San Juan Basin.
Gazprom Neft’s subsidiary in Iraq, Gazprom Neft Badra, started on Wednesday commercial operations on its 1.6 billion cubic meters (Bcm) gas processing plant at its Badra oilfield, in eastern Iraq, Kallanish Energy reports.
OPEC members and “brother countries” Iraq and Saudi Arabia have signed 18 memoranda of understanding (MoUs) covering crude oil, natural gas, refining and other projects, the Iraqi oil ministry said in a statement on Wednesday.
Russian state-owned energy firm InterRAO is mulling the investment of roughly $3 billion over the next five to ten years to upgrade its domestic power plants, board member Ilnar Mirsiyapov told Reuters on Wednesday.
Spanish natural gas consumption has hit a new record on Monday at 1,670 gigawatt hour (GWh) as demand increases with lower temperatures and growing consumption by the power generation sector, Kallanish Energy learns.
Brazilian oil and gas regulator, ANP, reported on Monday a 5.6% growth in the country’s natural gas output in October, compared to the same period last year, to 115 million cubic meters per day (MMcm/d), Kallanish Energy reports.
Iranian oil minister Bijan Zanganeh slammed on Monday Pakistan’s lack of certainty within its natural gas industry as Tehran is asked to join Hungary’s oil firm MOL in the development of Pakistani gas projects.
Novatek-led joint venture Yamal LNG announced on Tuesday it will load its first liquefied natural gas (LNG) cargo on Friday, Dec. 8, at the Sabetta port using the first Arc7 ice-class tanker — Christophe de Margerie, Kallanish Energy learns.
Israel, Cyprus, Greece and Italy signed on Tuesday a memorandum of understanding (MoU) to develop the €6 billion ($7 billion) Eastmed Pipeline project connecting the corner of the Mediterranean to Europe, Kallanish Energy reports.
London’s mayor Sadiq Khan expects the UK’s capital population to reach 10.5 million by 2041, but the increasing energy demand to accompany such growth won’t be met by domestically produced shale oil and gas, he said last week.