Browsing Tag
XRG
13 posts
Apollo explores $3bn-plus Energos sale as XRG circles floating LNG platform
Apollo Global Management is exploring a full or partial sale of floating LNG infrastructure operator Energos at a valuation above $3 billion, Reuters reported, with Abu Dhabi National Oil Company-backed XRG among prospective bidders.
Emma Delaney takes over OMV with shares less than 1% from a 52-week high
Former BP executive Emma Delaney becomes OMV’s first female CEO on September 1, inheriting a company whose second-quarter clean operating result climbed 65% to €1.7 billion and whose 50% interest in Borouge International places it at the centre of a $60 billion-plus global chemicals platform.
Corinth Pipeworks lands up to $250m Rovuma LNG contract as ExxonMobil moves closer to Mozambique FID
Corinth Pipeworks has secured a $200 million to $250 million offshore pipeline package as ExxonMobil and its partners accelerate pre-FID spending on Mozambique’s Rovuma LNG.
Santos trims FY26 output guidance to 99-105 mmboe as ramp timing slips
Santos paid out 100% of operating cash even as all-in free cash flow turned negative US$119m, a board signal ahead of the Barossa-Pikka H2 ramp inflection.
Argentina LNG becomes largest RIGI filing at $51bn for Vaca Muerta gas
Argentina LNG's $51 billion RIGI application by Eni, YPF and XRG moves Vaca Muerta's floating export plan toward a final investment decision by end-2026.
Ruwais LNG Project: Abu Dhabi’s 9.6Mtpa export plant advances toward 2028 start-up
The Ruwais LNG Project in Al Ruwais Industrial City, Abu Dhabi is a 9.6Mtpa ADNOC-led export development backed by bp, Mitsui, Shell and TotalEnergies, with commercial operations scheduled to start in 2028.
The 40-year Umm Shaif and Nasr concession is quietly becoming a gas story, and the FID makes it official
ADNOC's $6.2B Umm Shaif Gas Cap FID with TotalEnergies, Eni and CNPC unlocks 600 mmscfd of new gas from 2030, feeding a 47 mtpa LNG buildout by 2035.
XRG expands Rio Grande LNG stake as NextDecade approaches first gas
Discover how XRG’s Rio Grande LNG stake strengthens NextDecade’s 30 MTPA project as first gas approaches and NEXT stock faces execution risk. Read more.
BP Q1 2026 profit doubles to $3.8bn as oil trading delivers exceptional quarter
BP doubled Q1 profit on an exceptional oil trading quarter. The harder question is whether new CEO Meg O'Neill can convert that windfall into durable returns.
Absheron gas and condensate field: Azerbaijan’s Caspian giant moving toward full field development
Absheron is an offshore gas and condensate field in Azerbaijan's Caspian Sea sector, operated by TotalEnergies, SOCAR, and XRG. Phase 2 FID targets July 2026.