Loan to support Cameroon gas field growth

Gaz du Cameroun SA, a subsidiary of Victoria Oil & Gas PLC, has secured financing to support expansion of the Logbaba Gas Project, which supplies electric power and other industries in the Douala region of Cameroon. Source: News


Fourth LNG carrier to join PNG fleet

The fourth LNG carrier for the ExxonMobil Corp.-led PNG-LNG project is expected to join the fleet next month following its official naming ceremony this week. Source: News


Woodside, Pertamina ink LNG supply agreement

Woodside Petroleum Ltd. subsidiary Woodside Energy Trading Singapore Pte. has signed a heads of agreement with Indonesian state company PT Pertamina for supply of 0.5-1 million tonnes/year of LNG for 15-20 years. Source: News


EIA: US crude oil inventory climbed 6.6 million bbl

US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 6.6 million bbl to an estimated total of 536.6 million bbl for the week ended Apr. 8 compared with the previous week, the Energy Information Administration reported Apr. 13. Source: News