Free Top Stories

Slovak government refuses to comment on speculation it will pay for Russian gas in rubles

29 April 2022

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

29 April 2022

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

29 April 2022

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.

Poland and Germany near agreement on cooperation to ditch Russian oil

28 April 2022

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

27 April 2022

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

27 April 2022

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

27 April 2022

Poland has already said it can go independent of Russian gas before the end of the year once the Baltic Pipe becomes operational.

AfrOil: Cameroon blames Western sanctions on Russia for fuel shortages

26 April 2022

Cameroon’s Energy Ministry is blaming Western sanctions on Russia for the fuel shortages that have broken out around the country, according to a report from Voice of America (VOA).

NorthAmOil: CNOOC confirms end to Flemish Pass Basin exploration

26 April 2022

China National Offshore Oil Corp. (CNOOC) has confirmed to Canadian media that it is exiting the Flemish Pass Basin offshore Newfoundland and Labrador.

AsianOil: Petronas, Sabah sign MoU on nearshore FLNG development

26 April 2022

Petronas and Sabah Oil & Gas Development Corp. (SOGDC) have signed a memorandum of understanding on the development of a nearshore floating LNG facility in the Malaysian state of Sabah in Borneo.

Kazakhstan: CPC pipeline resumes working after a month of inactivity

26 April 2022

Repairs took place a few days after Kazakh officials met with CPC management in Moscow.

OIES expert warns against gradual phase-out of Russian gas

26 April 2022

EU efforts to gradually reduce Russian gas imports over time will only bolster Moscow’s revenues by driving prices upwards, Mike Fulwood, a senior fellow at the Oxford Institute for Energy Studies (OIES), warned in a paper.

UPDATE: Massive explosions at oil depot in Western Russia, but who is to blame?

26 April 2022

Massive explosions at an oil depot in Western Russia went viral online and were verified by open-source-intelligence accounts on 25 April.

Yellowtail environmental permit includes landmark provisions targeting emissions reduction

23 April 2022

The environmental permit issued for Yellowtail, the fourth development target at the Stabroek block offshore Guyana, differs from its predecessors because it will include a roadmap for carbon dioxide emissions reduction.

USAID awards grant to Peruvian NGO to help clean up oil spill

23 April 2022

USAID has awarded a grant worth $100,000 to the Peruvian environmental fund Profonanpe to support clean-up operations related to an oil spill that occurred at La Pampilla earlier this year.