Saturday, May 10, 2025
Big Oil shows new commitments to offshore African projects- oil and gas 360

Big Oil shows new commitments to offshore African projects

Houston Chronicle A bevy of Big Oil majors are making new commitments to developing oil and gas projects in West Africa, specifically in Senegal, Mauritania and Angola. The British energy major BP said its three-well exploration campaign offshore of Senegal and Mauritania has proven successful, confirming the world-class scale of natural gas resources. Likewise, a consortium led by the French

Kinder Morgan Announces Sale of Pembina Shares- oil and gas 360

Kinder Morgan closes $2.5 billion deal to exit Canada

Houston Chronicle Houston pipeline operator Kinder Morgan has exited the Canadian market after closing a deal worth estimated to be more than $2.5 billion in cash and stock. In a Monday afternoon statement, Kinder Morgan reported closing a deal to sell its subsidiary Kinder Morgan Canada and cross-border Cochin Pipeline to the Calgary pipeline and storage terminal operator Pembina Corp.