Tag: gas

Thursday, September 22nd 2022 - 09:35 UTC
Germany to nationalize gas giants to secure energy supplies and war in Ukraine

Germany is to nationalize gas giant Uniper to secure energy supplies amid the war in Ukraine. The deal will see the German government take on a 98.5% stake in the firm at a cost of €8.5bn (£7.4bn).
Wednesday, October 6th 2021 - 05:15 UTC
Argentina now sells gas to Chile and Brazil

Argentina is now in a position to sell gas to neighbouring Chile and Brazil thanks to the Gas Plan and Vaca Muerta's potential, it was announced.
Wednesday, March 3rd 2021 - 08:56 UTC
Argentina again forced to ramp LNG imports , as domestic gas production falls

Argentina forced to quickly ramp up LNG imports in the coming winter months to meet its heating season, as domestic gas production dwindles and Bolivian pipeline imports slow.
Wednesday, October 7th 2020 - 09:45 UTC
Premier Oil absorbed by Chrysaor, becomes the largest independent oil and gas group on London Stock Exchange

Shares in Premier Oil, with interests in the Falkland Islands, soared more than 14% on Tuesday, after the oil explorer agreed with a reverse takeover that will create the largest London-listed independent oil-and-gas group, producing more than 250,000 barrels of oil a day.
Friday, August 14th 2020 - 08:30 UTC
France supports Greece in escalating row in east Mediterranean over gas reserves

France on Thursday prepared to beef up its military presence in the Mediterranean as tensions rose, prompting Turkish President Recep Tayyip Erdogan to warn of a “heavy price” if a Turkish ship exploring for gas in disputed waters is attacked.
Thursday, August 6th 2020 - 08:01 UTC
Petrobras opens bidding notice for the lease of Regasification Terminal in Bahia

Brazil oil giant Petrobras released a bidding notice for the lease of the Bahia LNG regasification terminal (TR-BA) and its associated facilities. The bidding will be restricted to companies accepted in the prequalification call which will follow pre-established criteria.
Wednesday, July 17th 2019 - 10:10 UTC
Uruguayan State to manage Montevideo gas supply as Petrobras leaves country

Uruguay's President Tabaré Vázquez and Petrobras CEO Roberto Castello Branco met Tuesday in Santa Fe, Argentina, to discuss a possible solution to the crisis affecting Montevideo's two gas suppliers, which are both subsidiaries of the Brazilian consortium.
Friday, May 10th 2019 - 09:11 UTC
Shell to invest US$ 2bn annually in Brazil until 2025

Shell plans to invest as much as US$2 billion annually in its Brazilian operations by 2025, Shell’s chief executive officer Ben van Beurden told Brazilian business daily Valor Economico in an exclusive interview published on Thursday.
Tuesday, April 23rd 2019 - 09:11 UTC
Bolivia considering exporting natural gas from liquefaction terminals in Argentina

Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said on Monday, a move that would compensate for dwindling sales of its main export to Argentina and Brazil.
Friday, April 19th 2019 - 09:27 UTC
ConocoPhillips pulling out of the North Sea oil exploration and production

ConocoPhillips is pulling out of UK exploration and production after selling its North Sea oil and gas assets to Chrysaor for US$ 2.68bn (£2bn). The sale will boost Chrysaor's production by about 72,000 barrels a day to 177,000 - making it one of the UK's biggest operators.