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 ...

OCEAN CITY, N.J. (WPVI) -- A two-alarm fire ravaged a home at the Jersey shore on Saturday. It happened around 8:27 a.m. on the 1600 block of West Avenue in Ocean City. Initial 911 calls reported ...

The mantle is split up into two domains — the African and the Pacific — that emerged when supercontinent Pangaea broke apart.

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 ...

Peru LNG is recognised as the only liquefied natural gas (LNG) export facility in South America and has a capacity of 4.45 million tonnes per annum (mtpa).

Washington--(ANTARA/Business Wire)-- MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global ...

Liquefied natural gas (LNG) business MidOcean Energy has completed the purchase of an additional 15% stake in Peru LNG (PLNG). Post-purchase, MidOcean now owns a 35% interest in PLNG. It acquired the ...

Meanwhile, De La Rey Venter, chief executive of LNG company MidOcean Energy, said the risk of stranded assets “was the biggest red herring out there.” Around 250 million tonnes of global LNG ...

Mubadala Capital has closed its fourth private equity fund at $3.1 billion. The fund beat its $2 billion target.

The bankers are Christine Ferris, Anusha Joly and Mussie Tizazu. Jon Fox, the former president of alternative investment firm Värde Partners, has joined MidOcean Partners as global head of capital ...

Naval drills hosted by Iran with the participation of Russia and Oman and observed by nine other countries began in the Indian Ocean on Saturday, Iran's state TV said. The exercises, dubbed "IMEX ...