LNG Tag

The largest offshore natural gas field in the Mediterranean, Egypt’s Zohr field, has started production, bringing the country closer to its goal of being energy self-sufficient. The giant gas field is operated by Italian energy firm Eni, which owns 60% of the field along with Russia’s...

Total (LSE:TTA) has become the second largest owner of liquified natural gas (LNG) assets globally after scooping up state-backed French energy firm Engie’s upstream LNG assets for US$1.5 billion. The oil major said the purchase will see it produce an overall volume of around 40 million...

Australian oil and gas producer Woodside Petroleum (ASX:WPL) has struck a multi-billion dollar deal with Indonesia’s Pertamina which will see the firm export large quantities of liquified natural gas (LNG). The Perth-based company will sell around 600,000 tonnes of LNG to state-owned Pertamina from 2022 to...

Royal Dutch Shell (LSE:RDSA) will continue developing its exploration and production portfolio in Australia, despite moving away from its aviation sector. The multi-focused energy corporation sold its Australian aviation subsidiary to independent Viva Energy Australia for US$250 million, as it looks to restructure its portfolio. Shell will...