Europe
Liquefied Natural Gas (LNG) , Natural Gas , Technology , Construction
Baker Hughes Awarded Contract And Granted Notice To Proceed With Calcasieu Pass Project
The agreement includes Baker Hughes' highly-efficient and reliable modular liquefaction trains, and power generation and electrical distribution equipment for the Calcasieu Pass Project.
Trends
A&D Transactions From The Week Of Aug. 21, 2019
Here’s a snapshot of energy deals from the past week including a Permian Basin acquisition by Vermilion Cliffs plus the closing of the roughly $422 million merger of rivals TGS and Spectrum.
Trade , International
Iran Tanker Heads To Greece After Release
Iran warns the U.S against attempting to seize it again.
Business
LIBOR Phase-Out: Considerations For Oil, Gas Companies
With more than $370 trillion of global financial contracts referencing LIBOR (London Inter-bank Offered Rate), many oil and gas companies are curious about how the phase-out of LIBOR by 2021 could impact their organization.
Liquefied Natural Gas (LNG)
BP Publishes LNG Contract Templates To Push Industry Standardization
lobal oil and gas major BP has published its master sales and purchase contract templates for its liquefied natural gas (LNG) trading business and says it is the first of its peers to do so.
Unconventional
UK’S Cuadrilla Resumes Shale Gas Fracking At Lancashire Site
Operations at the first well at the Preston New Road site in Lancashire where halted several times last year because of minor seismic events.
International
US Loses Bid To Seize Iranian Tanker In Gibraltar
Last-minute application to seize oil vessel is rejected by territory’s supreme court.
Trends
A&D Transactions From The Week Of Aug. 14, 2019
Here’s a snapshot of energy deals from the past week including the closing of Occidental’s $55 billion takeover of Anadarko Petroleum and Qatar’s $550 million buy-in of Permian midstream.
International
Gibraltar Denies Iranian Report That Tanker Will Be Released Soon
The Iranian vessel was seized on July 4, with Iran accused of violating sanctions by shipping oil to Syria.
Crude Oil
Oil Falls On Lower Demand Outlook, US-China Trade Dispute
Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand