Italy's Eni and Argentina's YPF have finalized a engineering agreement on a Vaca Muerta liquefied natural gas (LNG) project, they said in a presentation on Friday to sign the deal. ...

Key Takeaways CVX to begin drilling the Korikori-1 exploration well this month in Suriname's offshore Block 5.The 90-day campaign uses the Noble Regina Allen rig and aims to evaluate hydrocarbon potential.Project to boost Suriname's local participation and expand Chevron's South American portfolio.Chevron Corporation (CVX) is preparing to spud the Korikori-1 exploration well later this month in Suriname’s Block 5, as confirmed by state-owned Staatsolie. The well site lies about 78 km offshore in the north-c ...

Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country. ...

Core Insights - Cheniere Energy Partners, L.P. (NYSE:CQP) is recognized as one of the most profitable oil stocks currently available for investment [1] - The company offers a strong dividend yield of 6.05% and has secured long-term contracts, enhancing its position in the industry [2] - Management aims to generate over $25 billion in available cash by 2030 and achieve an annual run-rate of more than $25 per share in distributable cash flow [3] Company Overview - Cheniere Energy Partners, L.P. is a Texas-based provider of liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies, founded in 2003 [4]

Exxon Mobil is eyeing projects in South Africa which it views as a top destination for liquefied natural gas (LNG), a senior gas executive said at an African energy conference in Cape Town on Tuesday. ...

Core Viewpoint - TotalEnergies is enhancing its natural gas production capabilities in the U.S. by acquiring a 49% interest in natural gas producing assets in the Anadarko Basin from Continental Resources, which will strengthen its LNG value chain integration [1][9]. Group 1: Acquisition Details - The acquisition involves low-cost and long-plateau natural gas assets that are well connected to Henry Hub through existing midstream infrastructure [1][9]. - The acquired assets have the potential to reach a gross production of approximately 350 million standard cubic feet per day (MMscfd) by 2030, sustaining this production level over the long term [2]. - TotalEnergies aims to secure a net gas production of around 150 MMscfd from these assets [2]. Group 2: Strategic Positioning - This acquisition complements previous acquisitions in the Eagle Ford Basin, specifically the Dorado and Constellation assets completed in 2024 [2]. - TotalEnergies operates a technical production of around 500 MMscfd in the Barnett, further enhancing its production capabilities [3]. Group 3: Company Ambitions - TotalEnergies is the world's third-largest LNG player with a global portfolio of 40 million tons per year (Mt/y) in 2024, benefiting from an integrated position across the LNG value chain [4]. - The company aims to increase the share of natural gas in its sales mix to nearly 50% by 2030, focusing on reducing carbon emissions and eliminating methane emissions associated with the gas value chain [4].

ConocoPhillips (NYSE:COP) is among the best safe stocks to buy now. In the second quarter, Polianta Ltd acquired a new position in ConocoPhillips (NYSE:COP) through the purchase of 14,500 shares of the company’s stock. According to the latest disclosure with the SEC, the investment of the firm in the company is around $1,301,000. What’s truly impressive is that ConocoPhillips (NYSE:COP) is investing heavily in high-potential regions, with billions in expected synergies and $5.0B in targeted asset disposit ...

Transaction Overview - Sempra is selling a 45% ownership stake in Sempra Infrastructure Partners for $10 billion[14] - The transaction implies an equity value of $22.2 billion and an enterprise value (EV) of $31.7 billion for Sempra Infrastructure Partners[14] - The EV/EBITDA multiple for the transaction is 13.8x[14] - The transaction is projected to result in an average EPS accretion of $0.20 on a full-year basis[14, 20] - The transaction is expected to close in Q2 – Q3 2026[14, 21] Financial Implications - The sale eliminates common equity needs in the 2025 – 2029 capital plan[20, 31] - Sempra is affirming its FY-2025 adjusted EPS guidance range of $4.30 – $4.70 and FY-2026 adjusted EPS guidance range of $4.80 – $5.30[31] - The company is targeting a 7% – 9% projected EPS CAGR for 2025 through 2029[31] Strategic Shift - The transaction sharpens Sempra's focus on becoming a leading U S utility growth business[19, 31] - The regulated business mix is expected to increase from approximately 81% pre-sale to a target of 95%[19, 34] - The sale reduces exposure to non-utility investments[19, 31] Port Arthur LNG Phase 2 - A final investment decision (FID) has been taken for Port Arthur LNG Phase 2[9, 23] - Sempra's pro-forma ownership in Port Arthur LNG Phase 2 will be 12.5%[24, 39] - The project is targeting an unlevered after-tax return of 13.2% to Sempra with an expected pro-forma equity requirement of $1 billion[26, 39]

Core Insights - Santos has successfully commenced gas production from the BW Opal FPSO, marking a significant milestone for the $4.5 billion Barossa LNG project offshore northern Australia [1][2][4] Group 1: Project Overview - The BW Opal FPSO will be permanently stationed approximately 285 km offshore from Darwin and is expected to supply the Darwin LNG plant for the next two decades [2] - All six wells drilled in the Barossa gas field have demonstrated high reservoir quality, with an average deliverability of approximately 300 million standard cubic feet per day (mscf/d) [3] Group 2: Operational Milestones - The BW Opal reached its ready-for-start-up (RFSU) status on September 16, and gas began flowing from the subsea wells shortly thereafter [1][4] - The Northern Territory Environment Protection Authority has renewed the Environment Protection Licence for Darwin LNG, effective from September 19, facilitating the commencement of operations [3] Group 3: Technical Specifications - The BW Opal FPSO is one of the largest ever constructed, featuring a 358m hull and the capacity to accommodate up to 140 personnel, handling 850 mscf/d of gas and 11,000 barrels of condensate daily [5] - The vessel utilizes combined-cycle power generation technology to enhance energy efficiency and reduce emissions [6] Group 4: Financial Implications - With the RFSU status of the BW Opal, Santos will recognize a lease liability of approximately $665 million and a right-of-use asset valued at around $1.4 billion [6]

Group 1 - Woodside Energy Trading Singapore has finalized a 15-year sale and purchase agreement with Petronas LNG Limited for the supply of 1 million tonnes per annum of liquefied natural gas to Malaysia [1][2] - The LNG supply will commence in 2028 and may include volumes from the recently approved Louisiana LNG project in the US [2] - This agreement marks Woodside's first long-term LNG supply arrangement with Malaysia, representing a strategic milestone for the company [2][3] Group 2 - The agreement enhances Woodside's position as a trusted energy supplier in Asia and supports long-term value creation and regional prosperity [3] - It aligns with Petronas' strategy to improve energy security in Peninsular Malaysia by integrating upstream gas developments with LNG imports [3][4] - The collaboration addresses the increasing energy demand driven by the rise of data centers, AI adoption, and the transition from coal-fired generation [4][5]