US | Egypt Oil & Gas - Part 13
Iran, Total to Finalize $2b Gas Contract
Iran and French energy giant Total will finalize a $2b gas contract in April, according to Iranian Oil Minister, Bijan Namdar Zanganeh.
Total Mulls $2b Investment in Iranian Gas Fields
French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers.
Power Africa to Get $1b in US Aid
More than $1b in debt and financing commitments from US agencies and private investors under Africa energy initiative, Power Africa, have been finalized.
Nigeria, Angola Crude Exports to US Increased
Nigeria's and Angola's crude oil export to the United States has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016.
US Sets Rule to Cut Methane From Oil, Gas
The Obama administration issued a final rule to sharply cut methane emissions from US oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next d ...
US ‘Deeply’ Concerned Nord Stream Pipeline Is Security Threat
The United States is "deeply" concerned about the Nord Stream-2 gas pipeline project as a threat to national security. Many EU governments complain it increases dependency on Russia's Gazprom.
BP to Pay $20b in Environmental Damage Over 2010 Oil Spill
In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mex ...
TransCanada to Buy Columbia Pipeline Group for $10.2b
TransCanada, the company behind the controversial Keystone XL oil pipeline, said it will buy Columbia Pipeline Group for $10.2b, creating one of North America’s largest regulated natural gas transmission businesses.
