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Adviser picked for Kuwait Clean Fuels Project

Kuwait National Petroleum Company (KNPC) has selected National Bank of Kuwait as its financial adviser for Clean Fuels Project, its upgrade scheme for two existing refineries in the country

Financing details emerge on Odebrecht Enagás GSP debt

Odebrecht and Enagás have mandated 12 lenders on a $4.1 billion mini-perm loan to finance the $7.328 billion Gasoducto Sur Peruano (GSP) pipeline project in southern Peru, IJGlobal can exclusively reveal

RFP out to banks for Petro Rabigh II

Saudi Aramco and Sumitomo Chemical Company, the co-sponsors of the Petro Rabigh project, have issued a request for proposals to banks for the financing of the second phase of the petrochemical and refinery complex

Dana Gas closes on Zora field development

Dana Gas has closed a $100 million project financing to fund the development of its Zora gas field off the coast of the United Arab Emirates

New Asia energy head at SG

Societe Generale has appointed Daniel Mallo as managing director for Natural Resources & Energy in its Hong Kong office

Port Qasim LNG terminal mandates banks

Elengy Terminal Pakistan (ETPL) has mandated National Bank of Pakistan, Askari Bank and NIB Bank Pakistan to provide around $50 million in project financing for the construction of an LNG terminal at Port Qasim

Deloitte makes oil & gas hire in Texas

Deloitte has hired Thomas Sloop, former head at Pace Global Energy, as the managing director in its Houston office

TECO closes on New Mexico Gas acquisition

TECO Energy has closed on the $950 million acquisition of New Mexico Gas Company from Continental Energy Systems

Gulfsands completes Chorbane oil field acquisition

Gulfsands has received approval from the Tunisian government to acquire the minority interests held by ADX Energy in the Chorbane onshore gas field

Pieridae raises equity for Goldboro LNG

Pieridae Energy has closed a $22.2 million equity private placement to fund development of its proposed $8.3 billion Goldboro liquefied natural gas export terminal in Nova Scotia

AES sells down stake in Dominican assets

AES Corporation has sold an 8% stake in its Dominican Republic power and liquefied natural gas assets to two local conglomerates

Leviathan sponsors near Jordan gas sale agreement

The Noble Energy-led consortium developing the Leviathan gas field off the coast of Israel has signed a non-binding letter of intent to supply natural gas to the National Electricity Power Company of Jordan (NEPCO)

ADB to examine Tapi pipeline costs

The Asian Development Bank (ADB) is preparing a feasibility study to estimate how much the proposed 1,800km Turkmenistan–Afghanistan–Pakistan–India (Tapi) natural gas pipeline will cost

Gazprom's Russia-China gas pipeline breaks ground

Construction has begun on the first gas transmission project to pipe Russian gas to China, the US$5bn, 4,000km Power of Siberia gas pipeline.