Targa Resources to acquire Lucid Energy in $3.55bn deal
Targa Resources has signed a $3.55bn deal to acquire natural gas processor Lucid Energy Group to boost its presence in the Permian Basin.
Source: offshore-technology.com
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Petrobras to terminate assets sale process in Sergipe-Alagoas Basin
Petrobras has decided to terminate the sale process of its four concessions located in deep waters in the Sergipe-Alagoas basin.
Source: offshore-technology.com
Chinese firms in talks to buy Shell's stake in Russian gas export project
China’s energy companies are in joint discussions to acquire Shell’s stake in a gas export project in Russia, reported Bloomberg News.
Source: offshore-technology.com
Abu Dhabi fund halts investments in Russia
The Abu Dhabi sovereign wealth fund owns assets worth $3bn in Russia, which represents less than 1% of its portfolio.
Source: offshore-technology.com
Norway will increase gas supply to meet European demands
Norway is looking to boost gas supplies to offset rising prices, as sanctions against Russian energy commodities come into effect.
Source: offshore-technology.com