Saturday, September 20, 2025
Novatek in talks on LNG transhipment after U.S. sanctions China COSCO tankers - oil and gas 360

Novatek in talks on LNG transhipment after U.S. sanctions China COSCO tankers

Source: Reuters: Russia’s liquefied natural gas (LNG) producer Novatek is in talks to tranship its Yamal cargoes in Norway or Russia’s Murmansk because it is unsure of the impact of U.S. sanctions on the Chinese COSCO tankers it uses, a Novatek official said. The United States imposed sanctions on Sept. 25 on state-owned COSCO’s subsidiaries, COSCO Shipping Tanker (Dalian) Co

Big Oil is selling dirty assets, but they aren’t going away - oil and gas 360

Big Oil is selling dirty assets, but they aren’t going away

Source: Houston Chronicle When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to an extra perk from the $5.6 billion sale: a significantly lower carbon footprint. Cutting emissions is important for Dudley, partly because influential shareholders are forcing BP to align its spending with climate goals. But there’s a catch. Hilcorp Energy Co., the