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DMEA: Ghana offers optimism on Tema
MEOG: Iran looks for alternatives
NorthAmOil: ExxonMobil, Chevron post first-quarter profits
US super-majors ExxonMobil and Chevron have posted multi-billion-dollar profits for the first quarter of 2022, during which West Texas Intermediate (WTI) crude prices averaged $95 per barrel and briefly rose above $120 per barrel.
AsianOil: Indian refiners reportedly negotiating oil import deal with Russia
Indian refiners are reportedly in talks over a six-month deal to import oil from Russia, while separate reports suggest the two sides are exploring alternative payment mechanisms.
EurOil: BP attributes record quarterly loss to Russia exit
UK-listed super-major BP has posted a record loss of $20.4bn for the first quarter of 2022.
LatAmOil: Olmeca refinery may cost as much as $14bn
The final price tag for the Olmeca refinery, which Mexico’s national oil company Pemex is building in Tabasco State, may be $14bn.
FSUOGM: Aliyev says TAP pipeline will reach full capacity in 2022
Ilham Aliyev, President of Azerbaijan, said on April 29 that the Trans Adriatic Pipeline (TAP) was on track to reach its full capacity of 10bn cubic metres per year in 2022, up from 8.2 bcm in 2021.
The likely impact of EU sanctions on Russian oil imports
The EU is mulling proposals for introducing a formal embargo on Russian oil imports, and Russia is already well-versed in embargo evasion techniques.
Afroil: TotalEnergies joins other IOCs in selling Nigerian onshore assets
TotalEnergies (France) intends to join other international oil companies (IOCs) in trimming its onshore portfolio in Nigeria.
Construction of Alexandroupolis LNG terminal launched to help reduce Balkans’ dependence on Russian gas
Greece is set to become a major gas supplier for the Balkans region, as investments aimed at achieving independence from Russian gas accelerate across Europe.
Hungary 'to continue to oppose EU sanctions on Russian oil'
Zoltan Kovacs, Hungary’s State Secretary for International Communications, says Budapest remains opposed to proposals to ban the import of Russian crude oil and natural gas into the EU.
Slovak government refuses to comment on speculation it will pay for Russian gas in rubles
Slovak Economy Minister Richard Sulik said the answer to this question would be made public "in due course".
The energy war with Russia escalates as Europe searches for ways to cut off Russian oil imports
Can Europe cut off supplies of Russian oil? If it does, how can it replace imports of Russian crude? Can Russia switch and sell its oil to other markets such as in Asia? Is there enough demand in new markets to absorb all the Russian oil?
Hungary's dependence on Russian energy will make ending those ties very painful
Viktor Orban opposes energy sanctions on Moscow because Hungary is so dependent on Russian supplies, but it is his regime that has deepened those energy links.
AfrElec: Sasol to sharpen focus on green hydrogen export plans as Europe looks for green energy
Poland and Germany near agreement on cooperation to ditch Russian oil
A deal with Poland could help allow Germany to agree to EU sanctions on Russian oil exports, leaving Hungary isolated as the main opponent of tightening pressure on the Kremlin.
LatAmOil: Pemex under pressure to resume payments on maturing securities
Pemex has reportedly come under more pressure from the Finance Ministry to resume payments on maturing securities, despite the president's earlier promise to cover the company's obligations until 2024.
France’s GTT wins LNG tank design contract from SMI
France’s GTT has won a contract from South Korean shipbuilder Samsung Heavy Industries (SMI) to design for tank for a new LNG Carrier (LNGC).
Russia to stop gas supplies to Poland
Poland has already said it can go independent of Russian gas before the end of the year once the Baltic Pipe becomes operational.
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