Latest Oil & Gas News

  • Tellurian buys time for Driftwood LNG with loan extension

    Houston-headquartered LNG developer Tellurian has snagged an 18-month extension of its 2019 term loan, buying time as it seeks to keep its Driftwood LNG export terminal project in Lake Charles, La., afloat

  • Kyle set to retire from GE EFS

    Donald Kyle is retiring from GE Energy Financial Services on 1 April, after 42 years in project finance, more than 15 of them with the General Electric subsidiary

  • Block Energy acquires Georgian oil blocks

    AIM-listed oil and gas production and development business Block Energy has acquired Schlumberger Rustaveli Company, which has several oil production and exploration blocks in Georgia

  • FMO mulls investment in Morgan Stanley India fund

    Dutch development bank FMO has put forward a proposal to invest €15 million in North Haven India Infrastructure Fund

  • Queensland approves onshore gas explorations

    The Queensland Government in Australia has given its approval to gas exploration blocks, located close to existing gas infrastructure and the existing Wallumbilla gas hub in the Surat Basin

  • New Mexico education board invests in energy fund

    New Mexico Educational Retirement Board has invested $50 million in Prostar Capital's energy fund II

  • Nine submit EOIs for DEPA Commercial

    Nine parties have submitted expressions of interest in the acquisition of DEPA Commercial, the Greek wholesale and retail gas business

  • Pembina gets FERC approval for Jordan Cove LNG

    Pembina Pipeline Corporation’s Jordan Cove LNG project in Oregon has belatedly received approval from the US Federal Energy Regulatory Commission

  • Warrego Energy rejects Strike's takeover proposal

    Australia-listed oil and gas company Warrego Energy has rejected fellow Perth Basin driller Strike Energy's proposal for a 100% takeover, submitted on 17 March after various attempts to engage with the target

  • COVID-19 delays Petrobras divestment

    Petrobras has postponed the deadline to present the acquisition proposals for its eight refineries that are for sale, due to the global coronavirus outbreak

  • SIemens President and CEO to step down

    Siemens president and CEO Joe Kaeser will step down as the group leader having decided not to pursue a further contract extension

  • EXCLUSIVE Details emerge on Karoon’s acquisition in Brazil

    Australia-based Karoon Energy will have the first tranche of debt raised for the acquisition of 100% of Petrobras’ interests in the Baúna oil and gas field, in Brazil, disbursed before the end of June, IJGlobal can reveal

  • EnQuest closes North Sea sites

    Oil company EnQuest has closed two oil production sites in the North Sea given the current market volatility

  • EXCLUSIVE UK terminal sale rumoured

    A UK oil terminal that failed to sell last year could be coming back to the market later this year, according to sources

  • AIIB mulls investment in new Asia fund

    Asian Infrastructure Investment Bank is considering a commitment to the Keppel Asia Infrastructure Fund equivalent to 15% of its target size