Chevron announced Monday it will sell its Bangladesh companies, owned indirectly by its wholly subsidiary Chevron Global Ventures, to Himalaya Energy Co. – a Chinese consortium formed by state China ZhenHua Oil and investment firm CNIC Corp, Kallanish Energy reports.
Houston-based Swift Energy said last week its amended and restated senior secured credit facility was oversubscribed, with the borrowing base increased 32%, to $330 million, and the maturity extended to April 2022.
The under-construction Rover Pipeline has encountered new problems in Ohio. Rover Pipeline, the company behind the $4.2 billion natural gas line across northern Ohio, has been cited by the Ohio Environmental Protection Agency for two spills of drilling fluids.
Florida Public Utilities Corp. and Pensacola Energy have partnered to transport and supply natural gas to the city of Pensacola and a specialty chemicals plant owned by Ascend Performance Materials.
Australia’s competition regulator said the possible sale of natural gas to international customers as liquefied natural gas originally intended for Australia’s domestic market, must be reviewed due to high wholesale prices at home.