LNG Tag

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...

BP (LSE:BP) and its JV partner Kosmos Energy (NYSE:KOS) have found significant gas reserves after a well off the coast of Senegal was successfully drilled. The well, named Yakaar-1, was drilled to a total depth of around 4,700 metres in nearly 2,550 metres of water in...

Energy major Total (LSE:TTA) has announced the US$350 million sale of its mature assets in Gabon to Anglo-French company Perenco, while the French multinational is also in talks to buy a multi-million dollar stake in an Iranian LNG facility. This latest re-shuffling of company assets comes...