U.S. | Egypt Oil & Gas

India’s Russian Crude Imports Set to Top 1 mmbbl/d in December Despite Sanctions

India’s imports of Russian crude oil are set to exceed 1 million barrels per day (mmbbl/d) in December, defying earlier expectations of a sharp decline as refiners resume purchases from non-sanctioned suppliers ...

Saudi Midad Energy Eyes $22bn Lukoil Overseas Portfolio

Saudi Arabia’s Midad Energy has become a key contender to acquire the international assets of Russian oil major Lukoil, three sources familiar with the discussions told Reuters. The portfolio, estimated at appro...

Chevron Joins Race for Lukoil’s International Assets, Sources Say

US oil giant Chevron is reviewing potential opportunities to acquire international assets owned by sanctioned Russian producer Lukoil, five sources told Reuters on November 17. This move follows a US Treasury waiver i...

U.S. Eases Restrictions to Facilitate Potential Sale of Lukoil’s Foreign Assets

The US Treasury Department has granted limited authorizations to facilitate the potential sale of Lukoil’s foreign assets while explicitly permitting continued transactions with the company’s Burgas refinery in ...

Saudi Aramco to Sign 4 Mn TPA US LNG Deals with Woodside, Commonwealth

Saudi Aramco is set to sign two major liquefied natural gas (LNG) supply agreements in the US next week with Woodside Energy and Commonwealth LNG, according to sources cited by Reuters. These deals, expected to be fin...

Lukoil Faces Pressure as US Deadline Nears, Gunvor Deal Collapses

The international operations of the Russian energy group Lukoil are facing mounting pressure after a planned sale of assets to Swiss trader Gunvor collapsed, just ahead of a US deadline for companies to halt business ...

US Delegation Explores Investment Opportunities in Egypt’s Energy Sector

As part of efforts to strengthen Egyptian-American investment relations, Karim Badawi, Minister of Petroleum and Mineral Resources, received a delegation from the US International Development Finance Corporation (DFC)...

Japanese Companies Study to Produce E-Methane Gas in U.S, Liquify at Cameron LNG Plant

The Four Japanese Companies Tokyo Gas, Osaka Gas  Toho Gas and Mitsubishi Corporation have entered into an agreement to conduct a detailed joint feasibility study on a project to produce synthetic methane (e-methane) ...

Chevron, JERA Join Forces to Boost Decarbonization Solutions in Asia Pacific, U.S.

Chevron Corporation and JERA are working together on a number of opportunities to reduce carbon emissions with an emphasis on the US and the Asia-Pacific region, including production, carbon capture, usage, and storag...

ConocoPhillips, JERA Offering to Develop U.S. Hydrogen Gas Plant

ConocoPhillips, one of the biggest independent oil producers in the United States, will supply natural gas and oversee a carbon capture and storage facility for a proposed U.S. hydrogen gas project that will be develo...

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