newszine

VAALCO Energy, Inc. Announces Intention to List on the Main Market of the London Stock Exchange

2 days ago DieselGasoil Comments Off on VAALCO Energy, Inc. Announces Intention to List on the Main Market of the London Stock Exchange
HOUSTON, Sept. 16, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) (“VAALCO” or the “Company”), an independent energy company focused on development and production assets in West Africa, today announces its formal intention to seek a Standard Listing on the Main Market of London Stock Exchange (”LSE”), to complement its existing Listing on the Read More

Equatorial Guinea plans oil/gas licensing round next year: oil minister

1 week ago DieselGasoil Comments Off on Equatorial Guinea plans oil/gas licensing round next year: oil minister
Abu Dhabi — Equatorial Guinea is planning to launch another licensing round of its oil and gas properties by the middle or later part of 2020, the country’s oil minister Gabriel Obiang told Platts in an interview in Abu Dhabi. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We Read More

Equatorial Guinea plans to boost oil output starting this month: oil minister

1 week ago DieselGasoil Comments Off on Equatorial Guinea plans to boost oil output starting this month: oil minister
Abu Dhabi — Equatorial Guinea, the smallest oil producer in OPEC, will increase output by 15,000 b/d starting this month as new discoveries come on stream, its oil minister Gabriel Obiang said in an interview Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Current crude production is around Read More

Malaysia sends half a million face masks to haze-hit state, shuts schools

1 week ago DieselGasoil Comments Off on Malaysia sends half a million face masks to haze-hit state, shuts schools
KUALA LUMPUR (Reuters) – Malaysia sent half a million face masks to the eastern state of Sarawak and closed more than 400 schools there on Tuesday as a haze spread from forest fires in neighboring Indonesia, officials said. Authorities in Singapore also said air conditions could reach unhealthy levels there over the next 24 hours Read More

Oil Search woes in Papua New Guinea throw spotlight on Alaska

1 week ago DieselGasoil Comments Off on Oil Search woes in Papua New Guinea throw spotlight on Alaska
MELBOURNE (Reuters) – With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country’s biggest company, Oil Search (OSH.AX), is turning for growth to the other side of the world in Alaska’s frozen wilderness. Participants pose for a photo with a Papua New Guinea flag Read More

OPEC’s Equatorial Guinea banking on a $700 million IMF deal by 2020

2 weeks ago DieselGasoil Comments Off on OPEC’s Equatorial Guinea banking on a $700 million IMF deal by 2020
By Prinesha Naidoo and Andre Janse van Vuuren on 9/6/2019 JOHANNESBURG (Bloomberg) – Equatorial Guinea wants to secure $700 million in support from the International Monetary Fund by January as the country seeks to help shore up central Africa’s common currency. The Organization of Petroleum Exporting Countries’ smallest member will host an IMF mission later Read More

OPEC hikes Aug crude output, but still overcomplies with cuts: S&P Global Platts survey

2 weeks ago DieselGasoil Comments Off on OPEC hikes Aug crude output, but still overcomplies with cuts: S&P Global Platts survey
Highlights OPEC output rises to 29.93 mil b/d August cut compliance 103% Saudi Arabia pumps 9.77 mil b/d Iraq hits record high; Iran steady London — OPEC’s crude production edged up by 50,000 b/d in August to 29.93 million b/d, the latest S&P Global Platts surveyfound, with the bloc still struggling to move oil prices Read More

Exxon eyes oil MandA as clean energy shift seen taking decades

2 weeks ago DieselGasoil Comments Off on Exxon eyes oil MandA as clean energy shift seen taking decades
By Kevin Crowley on 9/4/2019 HOUSTON (Bloomberg) – Exxon Mobil CEO Darren Woods is eyeing oil and natural gas deals despite calls to reduce emissions, saying any shift in the world’s energy supply will take decades. “Energy transitions take a long time,” Woods said Wednesday at the Barclays CEO Energy-Power Conference in New York. “In Read More

Papua New Guinea recommits to Total’s $13 billion gas deal

2 weeks ago DieselGasoil Comments Off on Papua New Guinea recommits to Total’s $13 billion gas deal
By James Thornhill on 9/3/2019 SYDNEY (Bloomberg) – After months of delays and new commitments by Total SA, Papua New Guinea will honor a gas deal with the French energy giant, clearing a major hurdle for a $13 billion plan to expand the nation’s fuel exports. The Papua LNG project, which counts Exxon Mobil and Read More

PNG decision on Papua LNG Gas Agreement review expected Tuesday: Oil Search

2 weeks ago DieselGasoil Comments Off on PNG decision on Papua LNG Gas Agreement review expected Tuesday: Oil Search
Australia-listed Oil Search expects Papua New Guinea to announce Tuesday its decision on a review of the Papua LNG Gas Agreement, which has cast doubt over the project’s future. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Oil Search understands that the PNG Cabinet, or the National Executive Council, Read More