Page 14 - AsianOil Week 37 2022

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Eastern and Western Siberia to its state-
(NRG), in which the reader is invited to join owned partner Rosneft, while disclosing
our team of international editors, who provide a terms.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG's new GLNG: Peru LNG Sends Three Cargoes To
concise format, but by clicking on the headline UK In August
link for each section the full text will be available Peru LNG, the operator of a natural gas
as before. liquefaction plant and export terminal in
Pampa Melchorita, resumed exports in
AfrOil: Eni Acquires BP’s Upstream Algerian August following a planned shutdown for
Assets maintenance in July.
Italy’s Eni has reached agreement with BP According to Peru’s national oil com-
(UK) on the acquisition of the latter compa- pany (NOC) Perupetro, the Peru LNG con-
ny’s upstream assets in Algeria. sortium loaded a total of 174,497 tonnes of
In a statement, Eni said it expected the LNG in the month of August.
deal to help it gain access to additional
natural gas reserves that could be used LatAmOil: Petrobras Considers Offering CCS
to supply European markets, while also Services To Third Parties
expanding its own business operations in Brazil’s national oil company (NOC) is
Algeria. looking into the possibility of broadening
the scope of its carbon capture and storage
DMEA: Italy Receives First Cargo Of Kuwaiti (CCS) programme and may begin offering
ULSD services to third parties, a Petrobras repre-
Kuwait Petroleum International (KPI), a sentative has said.
downstream subsidiary of Kuwait Petroleum Currently, Petrobras’ CCS programmes
Corp. (KPC), has delivered its first batch of are inwardly focused, designed primarily
ultra-low-sulphur diesel (ULSD) fuel to Italy. to reduce the carbon intensity of the com-
In a statement, KPI reported that the pany’s own upstream operations, especially
shipment had reached its depot in Naples. at deepwater and ultra-deepwater pre-salt
fields in Brazil’s offshore zone.

EurOil: EU Energy Ministers Clash Over MEOG: OPEC+ Makes A Cut
Russian Gas Price Cap Proposal The OPEC+ group of oil producers last
EU member states have clashed over the week met to decide their next produc-
European Commission’s proposal to place tion quotas, electing to row back on last
a price cap on Russian gas supplies, cast- month’s increase in the wake of falling
ing doubt on whether the measure will be prices and demand concerns.
implemented. As expected, the 100,000 barrel per
The bloc’s 27 energy ministers met on day (bpd) uptick added in August was
September 9 to discuss a package of EC removed again on September 6, with
proposals aimed at depriving Moscow of the group saying it would meet again on
revenues to fund its war in Ukraine, and October 5.
ease soaring energy costs for EU house-
holds and businesses. NorthAmOil: EQT Announces $5.2bn Appa-
lachian Acquisition
FSUOGM: Equinor Finishes Exit From Rus- Shale gas producer EQT said this week that
sia it had entered into an agreement with THQ
Norway’s Equinor has completed its with- Appalachia I and THQ-XcL Holdings I to See the archive and
drawal from Russia’s oil industry with the acquire Tug Hill’s upstream operations and sign up to receive
sale of its entire holding in the Kharyaga XcL’s midstream gathering and processing *NRG Editor’s Picks*
oil project in the country’s far north. assets. In total, EQT will pay $5.2bn for for free by email each
Equinor announced in May it had the assets, comprised of $2.6bn in cash and week here
transferred shares in four joint ventures in $2.6bn in stock.

P14 www. NEWSBASE .com Week 37 19•September•2022