Aramco and Sempra, through their respective subsidiaries, executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for LNG offtake of 5 million tonnes per annum ...

As a key part of the Peruvian Navy’s fleet modernisation, the multipurpose frigates will be built in Peru by HD Hyundai Heavy Industries (HD HHI) and state-own shipbuilder SIMA Peru. The new frigates ...

This year, the company has announced the sale of its exploration and production assets in Colombia and Peru. Following the sale of its Abu Dhabi assets in 2023, the company has now divested close to ...

A court in Peru has sentenced former President Alejandro Toledo to 20 years and six months in jail for corruption and money-laundering. Prosecutors say he took $35m (£27m) in bribes from a ...

Singapore’s National Research Foundation (NRF) will allocate $270 million to the National Supercomputing Centre (NSCC) in the ...

The state-owned oil giant gets an indirect stake in Peru LNG of 17.2 percent and an increase to its stake in MidOcean Energy to 49 percent post-transaction, according to the official statement on ...

One South American country that is set to benefit from China's largesse is Peru, which is about to officially open a new megaport on the Pacific. Chancay is a coastal town about 50 miles north ...

Gitanyow Hereditary Chiefs have filed a new legal challenge against the British Columbia government over the proposed Ksi Lisims liquefied natural gas (LNG) facility in northwest B.C. The chiefs ...

PLNG owns and operates the only LNG export facility in South America, which is located in Pampa Melchorita, 170 kilometers south of Lima, Peru. PLNG’s assets consist of a natural gas ...

EIG’s LNG company MidOcean Energy has completed its acquisition of an additional 15% stake in Peru LNG (PLNG) from Hunt Oil Co., MidOcean announced in an Oct. 24 press release. MidOcean had previously ...

LNG company MidOcean Energy has acquired an additional 15% interest in Peru LNG (PLNG) in South America from US-based Hunt Oil Company, bringing its total interest to 35%. Hunt Oil will remain the ...