Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina,

Occidental Petroleum Corp agreed to sell Anadarko's Algeria, Ghana, Mozambique and South Africa assets to Total SA for $8.8 billion.

With estimated gas reserves of over 5,000 Bcm, Mozambique has attracted three LNG projects with total capacity of more than 30 million mt/year and $50 billion capex development, with commissioning expected between 2022 and 2025.

Shell, the world’s largest buyer and seller of LNG, is raising cash to help pay for its $54 billion purchase of BG Group in 2015 and hopes to raise around $1 billion from the sale of its 35 percent stake in the project, the sources said.

CCS earnings attributable to shareholders excluding identified items were $5.3 billion, reflecting lower realised chemicals and refining margins, decreased realised oil prices and lower tax credits, partly offset by stronger contributions from trading as well as increased realised LNG and gas prices compared with the first quarter 2018. In addition, there was a negative impact of $43 million related to the implementation of IFRS 16.

Nord Stream 2 is already waiting for the DEA to decide on permit applications for two different routes, and claims the request for a third route option is illegal.

Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.

For the first quarter, underlying replacement cost (RC) profit* was $2,358 million, compared with $2,586 million in 2018. Underlying RC profit is after adjusting RC profit* for a net charge for non-operating items* of $252 million and net adverse fair value accounting effects* of $11 million (both on a post-tax basis). RC profit was $2,095 million for the first quarter, compared with $2,389 million in 2018.

Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018.

Baker Hughes, a GE company Announces First Quarter 2019 Results Orders of $5.7 billion for the quarter, down 17% sequentially and up 9% year-over-year Revenue of $5.6 billion for the quarter, down 10% sequentially and up 4% year-over-year

“Markets remained volatile with Brent averaging $63/b in the first quarter, down 6% from last year, while natural gas prices were down 11% in Europe and 30% in Asia. Adjusted net income was $2.8 billion this quarter, down 4%, and return on equity held steady at 12% this quarter.

Exxon Mobil Corporation today announced estimated first quarter 2019 earnings of $2.4 billion, or $0.55 per share assuming dilution, compared with $4.7 billion a year earlier.

In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,

The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.

The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas exports to China via the Power of Siberia gas pipeline from December 1, 2019, is going according to schedule.