Latest News

Latest Oil & Gas News

  • BAPCO reaches financial close on Sitra refinery expansion

    State-owned Bahrain Petroleum Company has finally reached financial close on the $6 billion expansion of the Sitra oil refinery, located south of the capital city of Manama

  • Morgan Stanley in second close for India fund

    Morgan Stanley has reached a $104.25 million second close on its North Haven India Infrastructure Partners, bringing the fund’s commitments to date to $404.25 million

  • Santos signs LOI for equity in Papua New Guinea gas licence

    Santos has signed a letter of intent to acquire a 14.3% interest in the Petroleum Retention Licence 3, which contains the P’nyang natural gas field in Papua New Guinea, for $187 million

  • Development plan approved for Mozambique's Rovuma LNG

    The government of Mozambique has approved the development plan for the design and construction of two LNG trains the Rovuma LNG project in Mozambique

  • Aberdeen Standard, DIF close on UNITANK acquisition

    A consortium of Aberdeen Standard Investments and DIF have closed on its acquisition of German oil storage business UNITANK

  • El Salvador's EDP seeks IDB Invest loan

    El Salvador’s Energía del Pacífico has requested a $115 million loan from IDB Invest to finance the construction of a power facility and LNG terminal

  • Prostar acquires Caribbean storage terminal

    Private investment company Prostar Capital will acquire the Saint Eustatius terminal, located in the Caribbean, from NuStar Energy

  • EXCLUSIVE CAMG in fundraising for unlisted fund

    Capital Asset Management Group is in fundraising for an unlisted infrastructure fund targeting between $750 million and $1 billion in capital commitments

  • KKR and Spur Energy team up for oil & gas

    Fund manager KKR and Houston-headquartered Spur Energy Partners have formed a partnership to acquire oil and gas production and development assets across the US

  • Pacific Oil & Gas acquires Canadian natural gas business

    Pacific Oil & Gas has acquired all issued and outstanding shares of Canbriam Energy for a cash consideration

  • BCLP adds infra partner in Singapore

    Bryan Cave Leighton Paisner has appointed Dominic Gregory as a partner based in Singapore, strengthening the firm’s global banking and infrastructure finance practices in Asia

  • BPGIC to develop new oil refinery in Fujairah

    UAE-based Brooge Petroleum and Gas Investment Company will set up an oil refinery to produce bunker fuel in the Emirate of Fujairah

  • Brazil launches infra plan

    Brazil’s investment partnership programme, PPI, has launched a massive infrastructure package of privatizations and concessions that could lead to $403 billion in investments

  • Natixis invests in boutique Australian advisory

    French financial services firm Natixis has made a strategic investment into Azure Capital, a Western Australian M&A boutique adviser in the resources sector

  • New CEO for APA Group

    Australian gas pipeline operator APA Group has made an internal appointment of Rob Wheals as new CEO and managing director, succeeding Mick McCormack who will retire in July