UK major BP agrees to acquire Texas-based gas-from-waste company Archaea Energy for over $4Bln
UK major BP has agreed to acquire Archaea Energy of Houston in Texas for $4.1 billion, comprising $3.3Bln in cash as well as around $800 million of net debt, to increase its presence in the bio-natural gas fuel sector.
Clean methodology
Nov 17 (LNGJ) - Pavilion Energy of Singapore along with QatarEnergy and US major Chevron Corp. have jointly published a “quantification and reporting methodology” to produce a statement of greenhouse-gas emissions for delivered LNG cargoes.
This is the first such published methodology that will be applied to sales and purchase agreements (SPAs), specifically the executed SPAs of Pavilion Energy with QatarEnergy and Chevron. “Intended for wide adoption, the methodology provides a calculation and reporting framework for greenhouse-gas emissions from wellhead-to-discharge terminal, based on industry standards,” they said.
