NEWS BRIEFING: Cenovus sale, Exxon Permian, JERA, Sinopec storage + more

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  • Cenovus agrees to sell assets in north western Alberta to NuVista Energy for USD 625 million
  • ExxonMobil signs LOI to support the Kinder Morgan-led PHP project
  • JERA acquires a 50% stake in three gas-fired power plants in the north east of the US
  • Sinopec is reportedly adding 55.6 Bcm of gas storage capacity in the northern Henan province
  • PetroChina is reportedly negotiating with Qatar over both short and long-term supply agreements
  • NDRC issues draft rules granting private investors access to China’s oil and gas infrastructure
  • EEX Group is looking to launch an exchange for LNG by the end of the year
  • Rosneft has approved a USD 2 billion share buyback in a bid to boost its appeal to investors
  • ExxonMobil has reportedly filed for international arbitration after Rosneft files lawsuit
  • Tehran has filed a lawsuit in the International Court of Arbitration against Turkmenistan
  • TPDC wants to construct a pipeline to export gas to Uganda
  • LNG Croatia has extended capacity bidding by a month
  • Mexico’s largest private LNG company Enestas has joined the SEA\LNG coalition
  • Beijing and Washington’s trade spat could hit oil demand growth this year and next – IEA

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