Europe
Acquisitions & Divestitures
TotalEnergies to Acquire Remaining 50% of SapuraOMV
TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company's tab to more than $1.4 billion.
Joint Ventures , Liquefied Natural Gas (LNG)
TotalEnergies Cements Oman Partnership with Marsa LNG Project
Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Exploration & Production , Acquisitions & Divestitures
Galp Seeks to Sell Stake in Namibia Oilfield After Discovery, Sources Say
Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia.
Pipelines , International , Natural Gas
Balticconnector Gas Pipeline Back in Operation After Damage
The Balticconnector subsea gas link between Estonia and Finland was severely damaged in October, hurting energy security and raising alarm bells in the wider region.
Policy & Regulations , Liquefied Natural Gas (LNG) , Natural Gas , Hart Energy Exclusive , CERAWeek
Exclusive: The Politics, Realities and Benefits of Natural Gas
Replacing just 5% of coal-fired power plants with U.S. LNG — even at average methane and greenhouse-gas emissions intensity — could reduce energy sector emissions by 30% globally, says Chris Treanor, PAGE Coalition executive director.
Geothermal , Renewables , RNG , Hydrogen , Energy Storage , Wind , Solar
Energy Transition in Motion (Week of April 19, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on global solar sector funding and M&A.
Energy Transition , International , Health, Safety & Environment
Scotland Ditches 2030 Climate Target to Cut Emissions by 75%
Scotland was constrained by cuts to the capital funding it receives from the British government and an overall weakening of climate ambition by British Prime Minister Rishi Sunak, said Mairi McAllan, the net zero secretary for Scotland's devolved government.
Dividends/Buybacks
Equinor Releases Overview of Share Buyback Program
Equinor said the maximum shares to be repurchased is 16.8 million, of which up to 7.4 million shares can be acquired until May 15 and up to 9.4 million shares until Jan. 15, 2025 — the program’s end date.
Highlights , Crude Oil
Tethys Oil Releases March Production Results
Tethys Oil said the official selling price of its Oman Export Blend oil was $78.75/bbl.
Trade , International , Natural Gas
EU Expected to Sue Germany Over Gas Tariff, Sources Say
The German tariff is a legacy of the European energy crisis that peaked in 2022 after Moscow slashed gas flows to Europe and an undersea explosion shut down the Nord Stream pipeline.