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Kuwaiti oil company signs MOU with Mexico's Pemex

The Kuwait Foreign Petroleum Exploration Company (KUFPEC), a subsidiary of the state oil company, has signed a memorandum of understanding (MOU) with Mexico’s state-owned oil firm Pemex to analyse joint ventures in the oil and gas sector, both in Mexico and abroad

Freeport LNG signs debt for train 1

Sponsors of Freeport LNG's first train have signed $3.85 billion debt supporting that train today (29 October)

World’s first subsea gas compressor nears completion

The world’s first subsea wet gas compressor station is now ready for the final testing before entering operation at the Gullfaks C oil field in the Norwegian North Sea next year

PGNiG plots RBL for Gina Krog acquisition

Polish oil and gas producer PGNiG plans to use a reserves-based loan to finance some of its NKr1.95 billion ($317 million) acquisition of interests in four Norwegian oil and gas fields from Total

British Columbia unveils LNG income tax

After releasing a preliminary income tax plan for liquefied natural gas (LNG) facilities in February 2014, British Columbia has unveiled its final tax law

BG Group discovers more gas in Tanzania

British gas producer BG Group has made a new gas discovery at its licence blocks off the coast of Tanzania, it confirmed in results published today (28 October 2014)

Mexico’s CFE issues RFP for another pipeline

Mexico's National Electricity Commission (CFE) has issued a request for proposal (RFP) for the roughly $500 million Waha-San Elizario natural gas pipeline project

Mexico’s first O&G tender calls for $50bn of investment

Mexico's energy secretariat (Sener) has indicated that the first round of oil and gas tenders open to the private sector will require investment of $50.5 billion between 2015 and 2018

Jordan to sign Leviathan gas supply deal next month

The Jordanian government expects to conclude a supply agreement with the sponsors of the Leviathan gas field off the coast of Israel next month, having signed a non-binding letter of intent in September

EU agrees 40% carbon cut by 2030

European Union member states have agreed a pact to cut carbon emissions across the continent by 40% on 1990 levels by 2030

Revised route and bid deadline for CFE Mexico gas pipeline

Mexico’s National Electricity Commission (CFE) announced this week it has amended the proposed route of the $650 million El Encino and La Laguna natural gas pipeline in Durango state

First State buys EVG German gas grid

First State European Diversified Infrastructure Fund (EDIF), the European infrastructure fund of First State Investments, is to acquire German gas grid operator EVG

Seven Energy issues bonds for Oron-Calabar gas pipeline financing

Nigerian oil and gas company Seven Energy, last week, closed bonds totalling $400 million. Proceeds of the bonds will be used to finance construction of the Oron-Calabar gas pipeline and refinance existing debt

Statoil makes new North Sea oil find

Statoil has found new oil resources close to its Grane field in the North Sea, extending the life of the company’s operations there

Pacific Rubiales in MOU with Pemex for O&G cooperation

Latin American-focused E&P company Pacific Rubiales announced that it has entered into a three-year memorandum of understanding (MOU) with Mexico's state oil company, Pemex, for analysis into potential oil and gas cooperation

Six compete for $400m Mexico gas pipeline

Six groups have submitted technical and economic bids for the Ps5.160 billion ($395 million) Ojinaga–El Encino natural gas pipeline project