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Iranian-backed forces suspected of seizing tanker in Gulf of Oman

4 August 2021

Lloyds List Maritime Intelligence says MV Asphalt Princess hijacked by armed men and ordered to sail to Iran.

GLNG: Tellurian signs offtake deal with Shell

3 August 2021

US LNG developer Tellurian announced last week that it had signed a sales and purchase agreement (SPA) with Royal Dutch Shell for offtake from its planned Driftwood LNG export terminal in Louisiana.

NorthAmOil: Oil prices boost second-quarter performances

3 August 2021

Oil and gas companies across North America are reporting improved performances for the second quarter of 2021 thanks to stronger crude and natural gas prices.

AsianOil: Santos, Oil Search merger to create new upstream powerhouse

3 August 2021

Australia-listed independents Santos and Oil Search’s proposed merger, first revealed last month, is back on track after Santos compromised over ownership stakes.

LatAmOil: Another discovery offshore Suriname

3 August 2021

TotalEnergies (France) and Apache (US) have made their fifth discovery at Block 58 offshore Suriname.

AfrOil: Eni loses appeal against Ghanaian court ruling

3 August 2021

Italy’s Eni has lost its appeal against a previous court decision ordering its local subsidiary, Eni Ghana Exploration, to turn over some of the money it was earning from the sale of oil from the offshore Sankofa field.

US, UK and Israel accuse Iran of Gulf attack on tanker that killed Briton, Romanian

1 August 2021

Analysts widely suspect Iran and Israel are involved in an undeclared shadow war in which they carry out attacks on each other's vessels. This war appears to be escalating

Turkey evacuates thousands of tourists amid hellish wildfire scenes

31 July 2021

Heat intensity of infernos measured with satellite data reportedly four times higher than anything on record for the nation.

Yukos shareholders claim $5bn appeal award from Russia

30 July 2021

Yukos was once Russia’s biggest oil producer and briefly its most valuable company.

AsiaElec: Singapore’s Sunseap to invest $2bn in 2,200-MW floating solar and storage project in Indonesia

28 July 2021

Singapore’s Sunseap Group is to invest $2bn in developing a 2,200-MW floating solar plus storage project, the largest such solar project to date world-wide, on the Indonesian island of Batam.

AfrElec: Nigeria’s PowerGen secures $9mn project financing for mini-grid project

28 July 2021

Nigerian power developer PowerGen has secured project financing to build 28 distributed renewable energy (DRE) systems using solar PV and battery technology in rural areas.

Czech industry ministry signs memorandum to back country's first EV battery plant

28 July 2021

€2bn battery factory to be built by state-owned utility CEZ with Germany's VW or South Korea's LG.

GLNG: Port Arthur LNG plans suffer another blow

27 July 2021

US-based Sempra Energy has signed a memorandum of understanding (MoU) with Poland’s PGNiG for the potential purchase of around 2mn tonnes per year (tpy) of LNG. The preliminary deal potentially spells bad news for Sempra’s Port Arthur LNG plan.

AsianOil: India approves two new SPR sites

27 July 2021

The Indian government has approved plans to build two underground crude oil storage facilities that will expand the country’s strategic petroleum reserve capacity by 6.5mn tonnes.

NorthAmOil: Shell announces Whale FID

27 July 2021

A Royal Dutch Shell subsidiary announced this week that it had made a final investment decision on the Whale project in the US Gulf of Mexico.

Perenco, SNH, Golar LNG strike a deal on increasing gas deliveries to FLNG

27 July 2021

Perenco and Société Nationale des Hydrocarbures (SNH), the national oil company (NOC) of Cameroon, will increase the total volume of natural gas delivered to the Hilli Episeyo FLNG owned by Bermuda-registered Golar LNG.

US legislators urge Biden to examine Mexican energy policy

27 July 2021

Twenty US legislators have urged President Joe Biden to take a closer look at the Mexican government’s approach to competition in the energy sector in light of the challenges faced by US companies working in Mexico.

LatAmOil: US legislators urge Biden to examine Mexican energy policy

27 July 2021

Twenty US senators and representatives have urged President Joe Biden to take a closer look at the Mexican government’s energy policy in light of the challenges faced by US oil, gas and power companies working in Mexico.

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