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Oil & Gas
LNG

Suez Canal reduces its LNG carrier transit fees for a three-month period

Posted: April 6, 2020 at 12:45 pm   /   Oil & Gas

Suez Canal cuts LNG carrier tolls: Suez Canal Authority has decided to adjust the rates for LNG carriers for a three-month period starting April 1.  The authority noted that the liquefied natural gas tankers crossing […]

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Dana Gas

UAE’s Dana Gas delays its decision on Egypt assets sale due to market turmoil

Posted: April 6, 2020 at 12:40 pm   /   Oil & Gas

Dana Gas delays its decision on Egypt asset sale on covid fears: Dana Gas has postponed its decision on whether it will sell its Egypt assets because of the global covid-induced market turmoil, Reuters reports, […]

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Energean FPSO Hull

Energean Power FPSO hull sailed away from China to Singapore

Posted: April 5, 2020 at 8:58 pm   /   Oil & Gas

Karish Project Update – FPSO Hull Sailaway from China: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the […]

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edison-energean

Energean and Edison agree to exclude Algerian assets from E&P deal

Posted: April 5, 2020 at 2:02 pm   /   Oil & Gas

Energean Oil and Gas and Edison have agreed to exclude Edison E&P’s Algeria assets from the previously agreed acquisition. As previously reported, Energean entered into a conditional sale and purchase agreement (SPA) on July 4, […]

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Frontier

Frontier: Keeping the Oil, Gas & Energy Community connected during COVID-19 outbreak and beyond

Posted: April 5, 2020 at 1:47 pm   /   Oil & Gas

During the current COVID-19 ordeal, many are finding themselves feeling quite separated. Separated not just from family, friends and the outside world, but also from colleagues and the usual familiarities of every day work life […]

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Frontier

Frontier postpones Africa E&P Summit, launches Online Webinar Series

Posted: April 5, 2020 at 1:42 pm   /   Oil & Gas

Frontier, the organisers of the Africa E&P Summit have made the difficult but obvious decision to postpone the conference from May until 21 – 22 October 2020 at the same venue. Not a decision taken […]

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oil

Egypt’s 2020-2021 draft budget is based on $61 oil barrel price

Posted: March 31, 2020 at 3:35 pm   /   Oil & Gas

Egypt’s 2020-21 draft budget is based on an oil price of $61 per barrel, the finance ministry said on Monday, down from $68 in the current budget which ends on June 30 but around three […]

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Nat Gas

Natural Gas Regulatory Authority lowers fees for commercial licenses

Posted: March 31, 2020 at 3:32 pm   /   Oil & Gas

Natgas regulator lowers fees for commercial licenses: The Natural Gas Regulatory Authority will charge companies lower fees this year for commercial gas transmission, shipping, distribution, and supply licenses, Al Mal reports, citing an unnamed top […]

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Energean

Energean might reduce its budget for Egypt by $140 million

Posted: March 29, 2020 at 8:31 pm   /   Oil & Gas

Mediterranean gas group Energean might cut its budget for Egypt by USD 140 million as oil and gas companies cut back on spending amid the covid-19 pandemic and a simultaneous oil price war. Energean has […]

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Chevron

Chevron cuts 2020 capital spending by $4 bn in response to COVID-19 outbreak

Posted: March 26, 2020 at 1:57 pm   /   Oil & Gas

Chevron next to cut spending in response to COVID-19 effects: Chevron Corp. has cut its 2020 capital spending plan by $4 billion, or 20%, to $16 billion, in response to market conditions. Chevron Corp. has […]

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