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TotalEnergies to Acquire 30% Stake in Two Major Malaysian Gas Fields

TotalEnergies has signed agreements to buy 30% operated interests in two offshore gas fields in Malaysia to boost supply to the existing Malaysia LNG plant, the French supermajor said on Monday. Under the agreements signed with PETRONAS Carigali Sdn Bhd (PCSB), a unit of Malaysia’s state energy firm Petronas, as well as PTTEP and KUFPEC, the French energy giant will buy a 30% operated interest in…

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UK Natural Gas Prices Ease

UK natural gas prices eased to around 251 pence per therm on Monday as diplomatic efforts in the Middle East helped ease concerns over further escalation, although prices remained near a multi-year…

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