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  1. DOE, USEA prepare African gas projects resource options handbook

    Two US Department of Energy offices and the US Energy Association have prepared a handbook to help policymakers consider domestic natural gas resource development options to facilitate LNG projects in Sub-Saharan African nations. Understanding Natural Gas & LNG Options will be used as part of the US Agency for International Development’s Power Africa initiative to help give governments there broader access to electricity, DOE said on Dec. 14. Its International Affairs and Fossil Energy offices worked with USEA on the project, which received funding from the USAID. Reliable electricity deliveries are essential to modern economies. Industrial activity and critical infrastructure from telecommunications to transportation rely on it, DOE noted. About two thirds of citizens in Sub-Saharan African countries presently don’t have access to it. Natural gas could provide a cleaner and more reliable fuel source to generate electricity in those countries, according to DOE. “For those nations with gas resource potential, [LNG projects] can monetize the natural resource to fund the infrastructure for gas utilization and power generation,” it said. “LNG import or export trade can also promote economic growth through transparent integration into global and regional energy markets.” The handbook will be part of Power Africa and DOE’s efforts to enable development of more gas-to-power projects in African countries which are considering or developing gas and related industries, DOE said. It convened a diverse group of global experts to write the handbook, which it said “seeks to help create a shared understanding between government officials and companies of the technical, commercial, and economic factors that will spur investment in Africa’s gas and power sectors.” Contact Nick Snow at nicks@pennwell.com .

    Online Articles

    Online Articles

    Thu, 15 Dec 2016

  2. GE and Technip sign Memorandum of Understanding to explore digital solutions for new LNG projects

    GE Oil & Gas (NYSE: GE) and Technip (Euronext: TEC) have today signed a Memorandum of Understanding for a joint project to explore areas to co-develop digital solutions for the LNG industry, with a particular focus on the design and build phase of new Liquefied Natural Gas ( LNG ) projects .

    Online Articles

    Online Articles

    Wed, 15 Jun 2016

  3. Chevron sets 2017 capital budget at $20 billion

    Chevron Corp. has cut its planned capital and exploratory investment program for 2017 by 15% from this year and 42% from 2015 to $19.8 billion, which includes $4.7 billion of planned affiliate expenditures.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  4. Chevron cuts annual E&P spend by 15%

    Chevron has unveiled a $19.8-billion capital and exploratory investment program for 2017, around 15% down on its projected investments during 2016.

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  1. Santos to offload noncore assets to cut costs

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  2. WoodMac: LNG projects move ahead amid deferrals upstream

    LNG projects worldwide continue to move toward final investment decisions (FID) in 2015 and 2016 in contrast to 45 upstream oil and gas projects which have been deferred already in 2015, Wood Mackenzie said in a recent global gas analysis.

    Online Articles

    Online Articles

    Tue, 8 Sep 2015

  3. Apache to sell Wheatstone and Kitimat LNG projects to Woodside

    Apache Corp. has agreed to sell its interest in two LNG projects , Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Woodside Petroleum Ltd. for a purchase price of $2.75 billion.

    Online Articles

    Online Articles

    Tue, 16 Dec 2014

  4. MEO offers equity in Tassie Shoal (methanol and LNG ) projects

    MEO Australia Ltd. is offering equity in the Tassie Shoal methanol and LNG projects proposed for offshore northern Australia.

    Online Articles

    Online Articles

    Thu, 7 Aug 2014

  5. Cost opportunity seen for LNG projects in western Canada

    Rising construction costs in the US and falling oil prices give LNG export projects in western Canada a window of opportunity in competition with otherwise advantaged projects to the south.

    Article

    Article

    Thu, 30 Apr 2015

  6. LNG projects offshore northwestern Australia pickup pace

    A number of big LNG projects with production sourced offshore northwestern Australia are making progress toward start-up.

    Online Articles

    Online Articles

    Tue, 24 Jan 2012

  7. Offshore West Africa production set to dip, report claims

    Wood Mackenzie claims planned oil and gas investments in Sub-Saharan Africa over the next five years have been reduced by $100 billion.

    Online Articles

    Online Articles

    Wed, 2 Nov 2016

  8. Report identifies regional bright spots among dulled offshore spend

    Douglas-Westwood said its new 3Q 2016 World Oilfield Equipment (OFE) Market Forecast generally paints an “unattractive picture” for offshore OFE spend through to 2020.

    Online Articles

    Online Articles

    Wed, 9 Nov 2016

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