Meridian Energy updates progress on ND refinery project

Meridian Energy Group Inc., Irvine, Calif., said preliminary works are under way and advancing as planned for its proposed 55,000-b/sd Davis refinery to be built in the heart of southwestern North Dakota’s Bakken shale region, near Belfield, ND. Source: News


Total trims 2016 capex by 15%

Total SA is setting its organic capital expenditure for 2016 at about $19 billion, a reduction of 15% compared with that of 2015. Source: News


Partners reach terms for Tema LNG project construction

Ghana state oil firm Ghana National Petroleum Corp. and pan-African energy system investment platform Quantum Power have signed a heads of terms for the construction and operation of the LNG storage, regasification, and delivery facilities at Tema in Ghana. Source: News


Williams Partners inks deals for Gulf Coast LNG export facilities

Williams Partners LP, Tulsa, reported it had executed long-term contracts with two shippers for Gulf Connector, a 475,000-dekatherm/day expansion of the Transco pipeline system to connect US natural gas supplies with global LNG markets. Source: News


Tullow shaves 2016 capex by 35%; TEN project remains on schedule

Tullow Oil PLC, London, expects capital expenditures during 2016 of $1.1 billion, and says work is ongoing to potentially reduce it further to $900 million. The company spent $1.7 billion in 2015 and $2.2 billion in 2014. Source: News