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Sasol picks adviser for Louisiana derivatives complex

Sasol has mandated Royal Bank of Scotland (RBS) as financial adviser for a $5-7 billion ethane cracker and derivatives complex in Louisiana, IJGlobal has learned.

EXCLUSIVE Final bids approach for Thyssengas sale

The final bid deadline for Macquarie’s sale of Thyssengas, a German natural gas network operator, is approaching at the end of next week, IJGlobal understands

Eastmain appoints CFO in Canada

Fazzini will step into the role that was vacated by former chief financial officer James Bezeau on 28 April.

US Post Oak closes third energy fund

Post Oak Energy Capital, LP (Post Oak) has announced the closing of its third fund, Post Oak Energy Partners III, LP at its hard cap of $600 million

EXCLUSIVE Binding bids in for Societa Gasdotti Italia

EISER Infrastructure Partners received binding bids on Monday (23 May 2016) for the sale of 100% of Italian natural gas network owner Societa Gasdotti Italia (SGI)

AES signs on Colón LNG financing

AES Panama has signed a debt financing backing the 380MW Colón combined-cycle power plant and LNG import terminal project in Panama

EoIs in for Moroccan gas-to-power

Expressions of interest (EoI) for Office National de l’Électricité et de l’Eau Potable’s (ONEE) $4.6 billion gas-to-power project have been received

Sembcorp subsidiary sued in US over Sete Brasil

Sembcorp Marine, a separately listed subsidiary of Sembcorp, has been sued in the US by investment fund EIG over the collapse of oil rig venture Sete Brasil

Noble, Delek reach agreement on Leviathan framework

Noble Energy and Delek have reached an agreement with Israel on the gas regulatory framework, softening a previous stability clause preventing regulatory changes in the sector. Once passed, the framework is anticipated to allow development of the offshore Leviathan field to go ahead

UK council makes landmark fracking decision

North Yorkshire County Council has decided to grant developer Third Energy’s application to frack in Ryedale, which could see the first fracking in England for five years

Italy's Snam to join DESFA acquisition

Italian natural gas infrastructure manager Snam has agreed to acquire 17% of Greece’s national natural gas system operator DESFA

Downeast LNG project up for sale

The chairman of the in-development Downeast liquefied natural gas (LNG) project, George Petrides, has announced that the board and shareholders plan to put the project company up for sale on 1 July 2016

EXCLUSIVE Trans Adriatic Pipeline plans 2016 commercial debt raise

The sponsors of the €5.6 billion ($6.2 billion) Trans Adriatic Pipeline (TAP) gas pipeline project are planning to begin active talks with commercial banks later this year

Oil Search and Total in PNG natural gas deal

Australia’s Oil Search has announced it will acquire InterOil, a Papua New Guinea LNG developer, and then sell on some of InterOil’s interests in the Elk/Antelope gas field to Total.

Cheniere closes Corpus Christi bond refi

Cheniere has closed an upsized $1.25 bond issue to repay bank debt on its Corpus Christi LNG project in Texas

Pemex sells Swiss bonds

Mexico's state-owned oil and gas company Pemex has placed Swfr375 million in the international capital markets to finance strategic investment projects. UBS and Credit Suisse underwrote the issuance

Russia approves Bashneft sale

Russia’s president Vladmir Putin has approved the sale of 50% of the medium-sized state oil company Bashneft

Norway hands out Arctic oil drilling licences

The Norwegian government has awarded oil drilling licences in untapped areas of its Arctic seabed for exploration to thirteen companies

Commodity trading startup buys Indiana gasification

Phibro, the investment and commodity trading company, closed on 17 May the acquisition of a coal gasification plant in Indiana from Wabash Valley Power Association

Peter J Solomon goes into energy advisory

Peter J Solomon Company, the privately held US investment bank, is to expand into energy advisory with three hires from other banks, the firm announced on 18 May

Range Resources, Memorial Resource Development merge

US oil and natural gas producers Range Resources Corporation and Memorial Resource Development (MRD) have announced approval from their boards for a $4.4 billion merger

Statoil turns to Turkey onshore gas exploration

Norwegian oil giant Statoil has entered a binding letter agreement into two gas exploration licenses in the Thrace region in the European north-western part of Turkey

ADNOC reshuffles leadership

Abu Dhabi National Oil Company (ADNOC) has reshuffled its leadership, naming new directors of its refining and gas divisions as well as other changes