January

TotalEnergies agrees to buy OMV’s gas assets in Malaysia
TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream (SapuraOMV) for US$903 million.

Pipeline Giant Enbridge Plans to Cut 6% of Staff
Enbridge Inc. plans to cut its workforce by about 6% as one of the world’s largest oil pipeline operators faces steep economic headwinds.

Biden’s LNG Pause Has Asian Fuel Buyers Hunting for Other Options
Asian liquefied natural gas buyers have begun looking for alternatives to offset potential delays to US projects hit by a moratorium on new approvals, in a potential boost for rival exporters.