Courtesy of The Wall Street Journal, a report on how Halliburton and Honeywell are in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria: After years of underinvestment in North Africa’s energy infrastructure, global oil-and-gas giants from Halliburton Co. and Chevron Corp. to Eni SpA are […]
Read more »Via Eurasia Review, a report on Eni’s strategic project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe: Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed Saturday on the development of “Structures A&E”, a strategic project […]
Read more »Via Bloomberg, an article on Italy’s Eni’s interest in Mozambique’s offshore gas reserves: Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive. The Italian oil and gas producer’s potential project […]
Read more »Courtesy of The Wall Street Journal, a report looking at the skirmish over an oil field on the shores of Africa’s Lake Albert which highlights Big Oil’s intense interest in Uganda—a rising star of African energy. As the article notes: “…The battle centers on the Ugandan assets of Heritage Oil PLC, a small U.K.-based explorer, […]
Read more »Via Stratfor (subscription required), a detailed report on the recent agreement between Gazprom and Italy’s energy giant ENI on the development of the South Stream natural gas pipeline. Despite this step forward, there remain – as the article notes – significant political and logistical hurdles to be overcome: “…South Stream, originally proposed by Italy and […]
Read more »Via Stratfor (subscription required), analysis of Gazprom’s $4.2 billion acquisition of the 20 percent stake in Gazprom Neft held by Italian energy giant ENI. As the article notes, the original purchase by ENI was never intended to result in a permanent stake in Gazprom Neft, but rather to help Gazprom fight off a challenge from […]
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