Petrobras nears agreement to sell Bolivia-Brazil gas pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.
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Thailand’s PTTEP confirms takeover of Myanmar gas field
The decision follows TotalEnergies’ exit from the project, though it could mean the country’s militant junta receives an increased stake…
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BP and Eni agree to merge Angolan oil and gas operations
The JV will have a net production of more than 200,000 barrels of oil equivalent per day of oil and…
EnCap looking to sell oil producer Ameredev II for $4bn
EnCap also selected an undisclosed bank to assist in launching an auction for its portfolio company in the coming weeks.
Italy seeks more gas from Angola and the Congo to cut dependence on Russia
Italy imports over 90% of its gas from Russia, which is facing Western sanctions following its invasion of Ukraine.
Exxon looking to sell stakes in Bakken shale assets to cut costs
Exxon Mobil is in the final stage of talks with bankers to initiate the deal, which could earn the company…
Worley to withdraw from Russia over Ukraine invasion
The company, which will also not sign new contracts with Russian firms, said exposure from this withdrawal is not material.
Eni suspends Russia oil purchase over Ukraine invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.