Galp plans to start arbitration over Mozambique tax dispute

Portuguese energy firm Galp has decided to take the first step toward starting arbitration proceedings against Mozambique over the capital gains tax dispute arising from the sale of its stake in Mozambique Area 4 to Adnoc’s investment unit XRG.

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QatarEnergy CEO says damaged Ras Laffan LNG trains to take three years to repair

State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Ecuador in LNG import move

Ecuador's state-run oil and gas company, Petroecuador, has invited international market participants to participate in a non-binding request for information to identify liquefied natural gas (LNG) supply alternatives that can help meet Ecuador’s growing natural gas demand.

FortisBC gets environmental approval for Tilbury LNG expansion

Canadian utility and operator of the Tilbury LNG facility in the province of British Columbia, FortisBC, has secured environmental approval for the Tilbury Phase 2 LNG expansion project.

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BP, XRG secure license for Venezuela offshore gas field

UK-based energy giant BP, Adnoc's international investment unit XRG, and a unit of Qatar's UCC have secured a license to explore and develop the second phase of Venezuela's offshore Loran gas field.

YPF, partners seek RIGI investment scheme for $51 billion Argentina LNG project

Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.

YPF, partners target Argentina LNG FID by year-end

Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.

Adnoc launches LNG marketing and trading platform

UAE's energy giant Adnoc has launched a global liquefied natural gas (LNG) marketing and trading platform, targeting 47 million tonnes per annum (mtpa) of combined marketable LNG by 2035.