Latest News

Latest Oil & Gas News

  • ADNOC awards offshore exploration blocks

    Abu Dhabi National Oil Company has awarded two offshore upstream blocks to a consortium of oil & gas companies – Italian firm Eni and Thai company PTT Exploration and Production

  • EXCLUSIVE UPDATE: Consortia form for EWE sale

    Consortia including fund managers and institutional investors are forming ahead of the launch of the sale of a 26% stake in German energy, telecoms and IT utility EWE at the end of February or early March 2019

  • EXCLUSIVE ADB seeks infra finance consultant in Pakistan

    Asian Development Bank re-launched today an invitation for infrastructure finance specialists with at least 10 years’ experience to express interest in working with Pakistan’s Public Private Partnership Authority, following changes in the terms of reference and cost estimate

  • Trans Adriatic Pipeline reaches close

    The sponsors of the Trans Adriatic Pipeline project, which will deliver natural gas from the Greece/Turkey border to Southern Italy, have today confirmed it has reached financial close

  • KKR, SemGroup form Canadian midstream JV

    US-based fund manager KKR and North American midstream company SemGroup Corporation have launched a joint venture for Canadian midstream infrastructure with $1.31 billion net assets, which has signed a deal to buy Meritage Midstream ULC and its assets from Riverstone Holdings

  • InfraVia second fund completes Régaz divestment

    xInfraVia Capital Partners has completed the sale of its 32% shareholding in Régaz-Bordeaux, the largest independent French gas distribution company, to Societe Generale Insurance

  • DNO successful in Faroe Petroleum takeover

    Norwegian oil and gas company DNO today obtained a total shareholding of 72.8% in London-listed exploration and production company Faroe Petroleum, approaching the 75% threshold at which DNO has indicated it would take steps to de-list the company.

  • Loan signed for Brazilian power complex

    An SPV comprising Prumo Logistics, BP and Siemens has secured a R1.76 billion ($472.2 million) loan with Brazilian development bank, BNDES to finance an LNG-to-power project

  • EXCLUSIVE CAM Alternatives in fundraising for infra strategy

    Fundraising formally kicked off this month for German fund manager CAM Alternatives’ infrastructure fund-of-funds, IJGlobal can reveal

  • Discovery secures equity for NA midstream

    Discovery Midstream Holdings II is to receive $1 billion in equity commitment from Stonepeak Infrastructure Partners to invest in North American midstream assets

  • India launches third oil & gas auction

    The Indian government has launched the latest international auction for 14 oil and gas blocks

  • DNO increases offer for Faroe Petroleum

    Norwegian oil and gas company DNO submitted on 8 January an increased and final offer to buy independent oil and gas company Faroe Petroleum, for a total valuation of $782 million for all shares

  • ArcLight invests in US natural gas storage

    San Diego-based energy services company Sempra Energy has agreed to sell its non-utility US natural gas storage facilities to an affiliate of Boston-based private equity firm ArcLight Capital Partners for $332 million in cash

  • Baker Botts hires London partner from Jones Day

    Law firm Baker Botts has hired projects lawyer Nick Collins as partner based in its London office

  • FSRU charter signs for AGL’s Crib Point LNG project

    Australian gas and electricity supplier AGL has signed a 10-year FSRU charter party with Höegh LNG for its Gas Import Jetty project at Crib Point in Victoria, Australia