China National Oil and Gas Exploration and Development Co. (CNODC) has signed a binding agreement with Russia’s Novatek to buy a 10% stake in the Arctic LNG 2 project, Novatek said on April 25.
CNODC is a subsidiary of China National Petroleum Corp. (CNPC).
“The agreement is an important milestone in our Arctic LNG 2 project implementation as well as a continuation of our successful cooperation with CNPC,” Novatek's CEO Leonid Mikhelson said in a statement.
2023-02-02 - In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.
2022-11-17 - The preliminary agreement with Sempra Infrastructure is designed to increase global access to low-carbon Haynesville natural gas via Williams’ wellhead-to-water strategy, the company said.
2022-12-27 - INPEX’s purchase and sales agreement would add 1 million tons per annum (mtpa) of LNG from the U.S.
2023-01-23 - TotalEnergies hopes its operations in Oman will contribute to the energy transition.
2023-01-19 - NextDecade Corp. anticipates reaching final investment decision on the first three trains of LNG in the first quarter of 2023.