Novatek has its own climate initiatives, but they do not include cutting supply of the Russian company’s primary product. [Gas in Transition, Volume 1, Issue 4]
Eleven EU states oppose continued gas funding: press
Jun 2, 2021 11:30:am
Summary The EU is preparing to revise regulations that define what investments can be classified as projects of common interest.
by: Joseph Murphy
Eleven EU states mostly in west Europe want to see cross-border gas infrastructure excluded from the bloc s TEN-E rules for defining what can be classified as projects of common i.
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Ashgabat Hosts OGT 2021 International Investment Forum [Promoted]
May 20, 2021 2:00:pm
Summary 12 May, Ashgabat hosted the International Forum on Attracting Investments to the Oil and Gas Sector of Turkmenistan, organized by the State Concerns “Turkmengas” and “Turkmennebit”, the State Corporation “Turkmengeology”, as well as the Ministry of Finance and Economy of Turkmenistan.
by: Turkmen Forum
Ashgabat Hosts OGT 2021 International Investment Forum [Promoted]
The event was held in a hybrid format and attended by over 500 delegates, more than 200 large companies from 42 countries of the world, government agencies, relevant ministries and agencies, the world s leading oil & gas, service and consulting companies, major international organizations and financial institutions, diplomats and academia.
Oil and gas production may continue for decades offshore UK but operators will be watched closely for any deviation from the net-zero carbon target. [Gas in Transition, Volume 1, Issue 1]
BP unloads stake in US pipeline unit: press
Apr 13, 2021 11:55:am
Summary
by: Daniel Graeber
Posted in:
BP unloads stake in US pipeline unit: press
Investment firm Sixth Street paid $700mn to take a minority stake in the US division of BP’s pipeline business, Bloomberg news reported April 12.
Citing a person familiar with the deal commenting on condition of anonymity, Bloomberg reported that the 49% stake for Sixth Street forms the basis of a future midstream joint venture. With its headquarters in Chicago, BP’s pipeline division owns and operates just under 7,000 km of oil and gas infrastructure, including connections to BP’s refinery in Whiting, Indiana.