Free Top Stories
US extends Chevron’s Venezuela waiver
The US Treasury Department has extended the sanctions waiver awarded to Chevron so that the company can maintain a presence in Venezuela.
OPEC+ mulls kicking Russia out
FSUOGM: Equinor completes Russian exit
EurOil: UK mulls reopening Rough gas facility
AsiaElec: BlueFloat Energy enters Taiwan offshore wind market
BlueFloat Energy has entered the Taiwanese offshore wind market, unveiling a project of more than 1 GW for the Asian island nation’s much-anticipated Round 3 market auction.
NorthAmOil: Suncor, Cenovus restart West White Rose offshore project
Canadian producers Suncor Energy and Cenovus Energy have decided to restart development of the West White Rose project, an extension of the existing White Rose field.
MEOG: Contract awards continue
LatAmOil: Guyana renews Liza-1 environmental permit
Guyana’s Environmental Protection Agency (EPA) said on May 31 that it had renewed the environmental permit issued to US super-major ExxonMobil for the Liza-1 development project.
DMEA: PlasChem receives Sadara feedstock
AsianOil: Shell takes FID on Crux project offshore Australia
Shell Australia has taken a final investment decision on the Crux natural gas project offshore Western Australia.
AfrOil: Eni confirms withdrawal from South Africa
Italy’s Eni has effectively confirmed its withdrawal from South Africa, where it had been preparing to look for oil and gas off the coast of KwaZulu-Natal.
REM: Biden administration proceeds with plan for first auction of offshore wind tracts off California
The Biden administration is proceeding with a plan for the first lease sale off California for offshore wind. The auction will be the first in the US off the Pacific Coast.
‘Coma option’ back on agenda as efforts to break nuclear deal talks deadlock go nowhere
Analysts suggest Iran, US might agree to interim arrangement that would see Tehran curb atomic programme and Washington drop oil and banking sanctions.
GLNG: Golar LNG: Hilli Episeyo FLNG boosts production capacity to 1.4mn tpy
Bermuda-registered Golar LNG reports that the Hilli Episeyo, its floating LNG vessel operating offshore Cameroon, has successfully raised production levels to the equivalent of 1.4mn tonnes per year.
Kyrgyzstan’s big-dollar deal with newbie Chinese company raises questions
Bishkek is pinning its industrial hopes on a small Chinese company with no past. The opaque arrangement reflects how Kyrgyzstan’s government does business.
Serbian president says new gas deal agreed with Russia
President Aleksandar Vucic says he agreed gas supplies on terms “very favourable for Serbia” in call with Russian President Vladimir Putin.
Iran seizes Greek tankers after grabbing of Iranian ship and reports of Israeli ‘suicide drone’ strike on military facility
Tensions between Iran and adversaries are on the rise amid the stalling of efforts to reinstate the 2015 nuclear deal.
Colombia’s Ecopetrol to join Oxy subsidiary in exploring four offshore Caribbean blocks
Colombia’s Ecopetrol will be teaming up with a subsidiary of the US-based Occidental Petroleum to explore four offshore blocks in Colombia’s section of the Caribbean Sea.
Equinor, ExxonMobil near decision on Bacalhau expansion project
The Norwegian oil company Equinor and its US-based partner ExxonMobil are moving toward a decision on an $8bn upstream expansion project in Brazil, according to a Reuters report.
Is Venezuela Europe’s answer for the loss of Russian oil?
The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.
REM: US installs 6.6 GW of clean power in Q1
The United States installed 6.6 GW of new clean power with 90 projects coming online in the first quarter of 2022, says a new market report from the American Clean Power Association
AsiaElec: China doubles coal imports from Russia
NorthAmOil: Centennial, Colgate in largest shale merger of 2022
Centennial Resource Development and Colgate Energy Partners III announced on May 19 that they had agreed to combine in what the companies described as a merger of equals.
Follow us online