LNG

Free ReadQatarEnergy, the leading global LNG produce, has signed a farm-in agreement with ExxonMobil Corp. to acquire a 40 percent participating interest in two exploration blocks offshore Egypt. Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will acquire a 40 percent…

The Iraqi Oil and Gas Ministry said 10 of the 12 projects awarded so far in Iraq's latest licensing round have gone to Chinese companies as the Arab nation focuses on increasing natural gas output to help support growing gas-fired power needs.

Enbridge, the North American pipelines and energy transportation company, reported a decline in earnings as it completed sales and acquisitions to swap around its assets and proceeded with natural gas ventures meeting LNG processing demand on the US Gulf Coast.

Mozambican President Filipe Nyusi confirmed that Islamist terrorists had occupied the town of Macomia in a northern part of Cabo Delgado, Mozambique’s province where an onshore LNG plant is being constructed further south and may now face more delays.