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November 30, 2023

U.S. investment firm EIG closes in on a multi-billion-dollar LNG acquisition- oil and gas 360

U.S. investment firm EIG closes in on a multi-billion-dollar LNG acquisition

November 30, 2023

Oil Price EIG Global Energy Partners expects to announce soon a deal of several billion U.S. dollars to buy an LNG asset in addition to a stake in an Australian project, EIG chief executive officer R. Blair Thomas said in an interview with The Wall Street Journal. U.S.-based institutional investor in the global energy and infrastructure sectors, EIG, via its unit

Northeast Natural Energy received “industry-first” ESG grade for Marcellus shale natural gas production- oil and gas 360

Northeast Natural Energy received “industry-first” ESG grade for Marcellus shale natural gas production

November 30, 2023

World Oil (WO) – Northeast Natural Energy, a West Virginia-based Marcellus shale natural gas producer, has just become the first producer globally to receive an “A” letter grade from Equitable Origin (EO) for the ESG performance of its West Virginia assets. This was the result of a voluntary reverification audit conducted by Responsible Energy Solutions LLC in 2023. A pioneer

BP's search for new CEO to extend into next year as Looney probe drags on- oil and gas 360

BP’s search for new CEO to extend into next year as Looney probe drags on

November 30, 2023

Nasdaq LONDON – BP’s search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board’s probe into whether previous CEO Bernard Looney breached the code of conduct in his undisclosed personal relationships with staff drags on. The oil company has been in turmoil since Looney’s resignation in September, company sources

Russia’s biggest oil and gas exporters see revenues slump by 41%- oil and gas 360

Russia’s biggest oil and gas exporters see revenues slump by 41%

November 30, 2023

Oil Price Total revenues for Russia’s largest oil and gas exporters plunged by 41% between January and September compared to the same period last year, due to lower commodity prices and lower exports, Russia’s central bank said on Thursday. Oil and gas production and exports have dropped this year, the Bank of Russia said in a financial stability review on Thursday. Re-directing

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