Tagged Investing

Chinese company signs MoU on Djibouti LNG project investment

Rate this article By LNG World News POLY-GCL Petroleum Group, a joint venture between China POLY Group and GCL Group, signed a memorandum of understanding with Djibouti on investing $4 billion in an LNG export project. The memorandum, signed on Monday, will be followed by negotiations over concession agreements with the construction expected to start…

Upstream firms expect digital investments to bring faster first oil

Rate this article By Offshore Energy Today What do upstream oil and gas companies expect to gain from investing in digital initiatives? They expect faster first oil time, and better decision making, a research conducted by Accenture and Microsoft on 300 upstream leaders in 18 countries has shown. According to the results of the study…

Total invests in renewables, energy efficiency

Rate this article By Offshore Energy Today French oil major Total which recently announced the acquisition of Maersk Oil for $7.45 billion, is also investing in energy efficiency and renewables businesses. The company on Tuesday announced a partnership with EREN Renewable Energy to expand its renewable business. On the same day, Total said it had…

Colorado Channels VW Settlement toward Alt-Fuel Solutions

Rate this article By NGV Global Encourages Officials to Maximize NOx Reductions by Investing in NG Technology for medium- and heavy-duty vehicles NGVAmerica, the U.S. organization driving the use of natural gas as a clean, safe and abundant transportation fuel, applauds the State of Colorado for its development of a draft Volkswagen settlement environmental mitigation…

PTT eyes project investment to secure LNG supply

Rate this article By LNG World News Image courtesy of PTTThailand’s PTT is aiming to secure smaller stakes in Australian liquefied natural gas projects to triple its LNG imports by 2022 as the domestic natural gas production diminish. Speaking to Reuters, PTT’s chairman Piyasvasti Amranand said the company intends to sign long-term supply deals before…