TotalEnergies and CNOOC’s oil project in the impoverished eastern region of Uganda is sparking debate over its environmental and social impact, as some residents have benefited from the sale of their land while others have been taken to court for opposing the project.
Exxon Mobil is reluctant to become more involved in oil development in Guyana pending the revelation of the new terms of the production sharing agreement (PSA). Liam Mallon, the company’s president of oil and gas production, said Guyana is central to its plans to increase the company’s global oil production by about 13 percent by 2027. The company’s decision will depend on the terms of the new PSA, which are expected to be finalized on March 8.
China continues its expansion in the LNG sector with the construction of the Jiangsu Huadian Ganyu terminal. With a capacity to receive 3 million tons per year, this project is one of four approved by the central government in 2022. The construction was launched in Ganyu port, Lianyungang and is expected to be operational in 2026.
Búzios, an oil field in the Santos Basin in Brazil, has seen a CNOOC subsidiary increase its stake by 5%.
In Shen’an, the Shenmu-Anping coalbed methane pipeline is announced to be connected by CNOOC.
CNOOC, the Chinese oil and gas company, wants to sell its interests in the U.S. oil fields.
CNOOC announces that the Baodao 21-1 gas field has passed the review and registration by the Chinese government.
Qatargas announces the delivery of an LNG cargo to the Jiangsu-Binhai terminal in China in September 2022.
A group of personalities calls in a tribune “to stop” the oil megaproject of the group TotalEnergies in Uganda and Tanzania.
TotalEnergies, accused of conducting an oil megaproject in Uganda and Tanzania with no regard for human rights and the environment.
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