Aker Energy Postpones Ghana Oilfield Plan amid Lukoil’s Involvement
The partners will not submit a development plan for its Pecan oil field to Ghanaian authorities “until the challenges have been resolved,” Aker ASA CEO Oeyvind Eriksen told a call with analysts.
Energy A&D Transactions from the Week of Aug. 17, 2022
Here’s a snapshot of recent energy deals including the sale of Laredo Petroleum’s Howard County properties in the Permian Basin to Northern Oil and Gas for $110 million.
Indian Ship Used to Move Russian-linked Fuel to New York Discovered
“The refined output was put back on that ship and it set sail without a destination. In the mid-seas it received the destination so it reached at its course, went to New York,” India Deputy Governor Michael Patra said at an event to celebrate 75 years of India’s independence.
More US Sour Crude Heads to Germany to Replace Russia Oil
In an effort to scale back its Russian oil imports, Germany is increasing crude imports from the U.S.
Germany Signs Deal with Gas Firms to Supply Two Floating LNG Terminals
German gas importers Uniper, RWE and EnBW's VNG will supply LNG through two floating storage and regasification units until March 2024.
Gas Flows Steady Via Nord Stream from Russia, Flowing Eastbound Through Yamal-Europe
Russia's Gazprom stated it will continue shipping gas to Europe through Ukraine and is poised to send 41.6 MMcm of gas on Aug. 11.
E.ON More Than Halves Value of Nord Stream 1 Stake as Uncertainty Grows
German energy operator E.ON cut its stake in the Nord Stream 1 gas pipeline to 500 million euros, a nearly 700 million euro decrease.
Russian Oil Pipeline Flows Set to Resume After Hungary Settles Transit Bill
Hungarian energy group MOL pays Ukraine transit fee
US Sour Crude Cargo Sails to Germany as Russia Sanctions Bite
The Capricorn Sun tanker loaded Mars Sour crude off the Louisiana coast in the U.S. and discharged at Germany’s port of Rostock on Aug. 3. The tanker was chartered by Shell Plc, according to two sources and Refinitiv ship tracking data
Ukraine Halted Oil Flows to Europe over Payment Issue, Russia’s Transneft Says
Russia’s Transneft said it made payments for August oil transit to Ukrainian pipeline operator UkrTransNafta on July 22, but the money was returned on July 28 as the payment did not go through.