Tag: Oil and gas news

Cedar LNG Project in Kitimat gets provincial environmental approval

businessnewstoday- March 16, 2023

Haisla Nation and Pembina Pipeline have been granted provincial environmental approval for their jointly developed Cedar LNG Project in Kitimat, British Columbia (BC). The BC ... Read More

Golden Triangle polymers plant : QatarEnergy, CPChem start construction on $8.5bn petrochemical project in Orange County

businessnewstoday- March 11, 2023

QatarEnergy along with Chevron Phillips Chemical (CPChem) has begun the construction of the $8.5 billion Golden Triangle polymers plant located in Orange County, Texas. Situated ... Read More

Equinor to acquire Suncor Energy’s UK assets for $850m

Raghuram Kadari- March 6, 2023

Norwegian state-owned multinational energy company Equinor through its subsidiary Equinor UK will acquire the UK assets of Canada’s Suncor Energy for $850 million, to optimize ... Read More

Baytex Energy to acquire Eagle Ford shale operator Ranger Oil for $2.5bn

businessnewstoday- March 1, 2023

Canadian oil and gas company Baytex Energy has agreed to acquire Eagle Ford shale operator Ranger Oil Corporation in a cash and stock deal worth ... Read More

Sabine Pass Stage 5 Expansion Project : Cheniere Energy initiates permitting process

Raghuram Kadari- February 27, 2023

Cheniere Energy Partners, a subsidiary of Cheniere Energy, has started permitting process for the Sabine Pass Stage 5 Expansion Project in Cameron Parish, Louisiana. The ... Read More

INEOS Energy to acquire part of Chesapeake Energy’s Eagle Ford shale assets for $1.4bn

Raghuram Kadari- February 23, 2023

INEOS Energy will acquire a part of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion as part ... Read More

Vito oil field : Shell, Equinor begin production from Gulf of Mexico asset

businessnewstoday- February 18, 2023

Shell Offshore, a subsidiary of Shell, and Equinor have started production from the Vito oil field in the deep waters of the US Gulf of ... Read More

Vital Energy to acquire Midland Basin operator Driftwood Energy Operating

Raghuram Kadari- February 16, 2023

Vital Energy (formerly Laredo Petroleum), an Oklahoma-based oil and gas company, will acquire the Permian Basin-focused Driftwood Energy Operating in a cash-stock deal. Under the ... Read More

ONGC Q3 FY 23 profit stays flat at Rs 11,665cr

businessnewstoday- February 15, 2023

Oil and Natural Gas Corporation (ONGC) has reported a net profit of INR 11,665 crores for the third quarter of the financial year 2022-2023 (Q3 ... Read More

ONGC Videsh signs MoU with Argentine oil and gas company YPF S.A.

businessnewstoday- February 15, 2023

Oil and Natural Gas Corporation (ONGC)’s fully-owned subsidiary ONGC Videsh has entered into a memorandum of understanding (MoU) with Argentine oil and gas company YPF ... Read More