Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.
US-based Expion Energy, formerly known as Expion360, has acquired an oil and gas exploration opportunity in Louisiana, marking the company’s first entry into the oil and gas sector as part of a broadened operating strategy. The company is entering the oil and gas sector to capture rising demand driven by power generation needs, industrial growth, and long-term expansion of LNG markets.
US liquefied natural gas (LNG) plants sent 34 cargoes during the week ending August 19, down two cargoes from the week before, according to the Energy Information Administration.