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US touts LNG exports as molecules of liberty

Bloomberg The US has a message for the rest of the world: Get ready for a lot more “freedom gas.” The country’s growing muscle as a natural gas exporter isn’t only seen by the Trump administration as an economic boon at home — it’s also viewed as a foreign policy tool. That view was articulated as the Department of Energy ...

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Shell plans to buy oil-block stake in South Africa

Bloomberg Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects. Shell has applied to take a stake in a license owned by OK Energy, located in deep waters off South Africa’s west coast, according to ...

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Total signals withdrawal from Congo oil search

Bloomberg Total SA, the only oil major exploring for crude in the Democratic Republic of Congo, indicated it’s pulling out of a block in the central African nation, one of its partners said. The French company has been searching for oil in Block 3 in eastern Congo since March 2011. Its license for the field, near the border with Uganda, ...

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