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Fermaca awarded El Encino-La Laguna pipeline

Mexico's federal electricity commission (CFE) has awarded the El Encino - La Laguna natural gas pipeline project in Durango state to Fermaca

Orpic signs on Muscat-Sohar pipeline

Orpic Logistics Company (OLC) has signed on roughly $224 million of debt for the construction of a new multi-product oil and gas pipeline between Muscat and Sohar

Mexico launches Round One O&G auction

Mexico’s National Hydrocarbons Commission (CNH) published the bidding guidelines Thursday (11 December 2014) for its Round One auction for 14 shallow water exploration blocks

UK launches first power capacity auction

The UK's first power capacity auctions begin today (16 December 2014), with the government looking to procure an additional 48.6GW to be connected to the grid by the final quarter of 2018/first quarter of 2019

Woodside Petroleum to buy Apache’s LNG stakes

Australian energy company Woodside Petroleum has agreed to buy Apache’s interest in two liquefied natural gas (LNG) projects for $2.75 billion

RWE weighs up DEA sale without UK comfort letter

German utility RWE is still working to close the sale of its oil and gas unit to Russian fund LetterOne Group without the issue of a comfort letter from the UK Department of Energy and Climate Change

Cheniere names lenders for Corpus Christi LNG

Cheniere has chosen 18 banks as joint lead arrangers for the $11.5 billion debt backing the Corpus Christi export liquefied natural gas (LNG) project in Texas

Origin Energy extends bank facility

Australia’s Origin Energy has amended the terms of its loan facilities to provide a liquidity buffer for its APLNG project

Donggi-Senoro close pushed back slightly

The sponsors for the $2.8 billion Donggi-Senoro LNG project in Indonesia are expecting to draw on the debt at the beginning of next year

Pakistan’s Port Qasim LNG nears signing

Elengy Terminal Pakistan (ETPL) is set to sign and close financing in early January 2015 for the construction of an LNG terminal at Port Qasim in Pakistan, IJGlobal understands

Jordan government defends Leviathan deal

The Jordanian government has responded to criticisms from its national parliament over a deal to import gas from Israel’s giant Leviathan offshore development

Pertamina selects partners for refinery upgrades

Pertamina has selected Sinopec of Japan, Saudi Aramco of Saudi Arabia, PTT of Thailand and Japan’s Nippon Oil & Energy Corporation for the $20 billion upgrade of its existing refineries

UIL walks away from Philadelphia Gas acquisition

UIL Holdings terminated the agreement to buy Philadelphia Gas Works on 4 December, after Philadelphia’s City Council refused to approve the sale

Gazprom signs UniCredit credit facility

Russian energy giant Gazprom and has signed a bilateral credit agreement worth €390 million ($478.2 million) with Italy’s UniCredit

Eland draws on OML 40 loan

London-listed oil and gas producer Eland has today (5 December 2014) confirmed the drawdown on a $22 million corporate facility to support the development of the onshore OML 40 licence in Nigeria

Cluff Natural Resources formally awarded North Sea licenses

AIM-listed Cluff Natural Resources has been formally awarded the five licenses it had provisionally won in the UK’s 28th North Sea oil and gas licensing round by the Department of Energy and Climate Change

UK Treasury outlines oil and gas reforms

Measures by the UK government to boost UK North Sea oil and gas production, outlined in yesterday's Autumn Statement, were fleshed out today

Financial close for STAR Rafineri

A State Oil Company of Azerbaijan Republic (SOCAR)-led consortium has reached financial close for the $5.6 billion STAR Rafineri plant, in Turkey's biggest ever project financing