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AfrOil: ExxonMobil hopes to cut Rovuma LNG costs, carbon emissions

9 November 2021

ExxonMobil (US) is working to reduce the carbon footprint of its Rovuma LNG project while also cutting costs, Mozambique’s Energy Minister Max Tonela has said.

AsianOil: POSCO wins over Senex board with new bid

9 November 2021

South Korea’s POSCO International has submitted a new bid for Senex Energy that has finally won the backing of the Australian developer’s board.

Market weighing up Uzbekneftegaz’s scheduled eurobond

8 November 2021

Rating agencies estimate that major projects to be completed in coming years might increase company’s Ebitda by more than 50% and contribute to the issuer’s deleveraging.

Argentina will use proceeds of electricity exports to fund gas pipeline construction

8 November 2021

Argentina’s Energy Secretariat expects to use the proceeds of electricity exports to Brazil to finance several major infrastructure projects that will facilitate the development of the Vaca Muerta shale formation.

Uzbeks engulfed by worst dust storm in at least 150 years

8 November 2021

Inhabitants of Tashkent struggle to breathe. Critical indicators suddenly showed city as second most polluted in the world.

US senators eye Latin American and Caribbean LNG markets

5 November 2021

Five members of the US Senate have re-introduced a measure designed to expedite the permit process for small-scale LNG exports.

The Dutch Supreme Court overturns previous decision against the Kremlin awarding Yukos’ shareholders $50bn in damages

5 November 2021

The battle between the Kremlin and former Russian oil company Yukos took a new twist on November 5 when the Dutch Supreme Court overturned a decision forcing the Russian government to pay a $50bn arbitration award to the former Yukos shareholders.

The ins and outs of Nord Stream 2's certification

5 November 2021

Exactly when Nord Stream 2 will be up and running is still unclear, but there are three main scenarios outlined in the following analysis.

AsiaElec: UK provides $150mn to support Green Finance in Asia

4 November 2021

The Association of South East Asian Nations (ASEAN) unveiled at COP26 its Catalytic Green Finance Facility, which aims to increase access to finance for renewable energy, clean transportation and urban infrastructure projects in the region.

INTERVIEW: Vyacheslav Fetisov, Russian ice hockey legend and UN Goodwill Ambassador

4 November 2021

As world leaders prepare to leave the COP26 UN climate change conference in Glasgow, Vyacheslav Fetisov, a two-time Olympic gold medalist in Ice Hockey and committed environmentalist, talks about Russia's plans

REM: COP26: IKEA, Bezos and Rockefeller and multi-lateral banks pledge $10bn for green energy transition.

3 November 2021

Global philanthropies – the IKEA Foundation, Bezos Earth Fund and Rockefeller Foundation – and development banks have pledged $10.5bn for the green energy transition and renewable energy. The pledge was made at the UN climate talks, COP26.

Nuclear deal talks restart date announced on same day Iran accuses US of interdicting Iranian oil tanker

3 November 2021

Negotiations to resume in Vienna on November 29. Americans deny interfering with vessel.

NorthAmOil: North American producers report improved performances on higher prices

2 November 2021

Earnings season is in full swing, and a growing number of North American producers are reporting stronger performances thanks to commodity prices being at multi-year highs.

GLNG: Saipem sees Mozambique LNG project restarting in mid-2022

2 November 2021

Italian energy services provider Saipem said on October 28 that it expects work on the Mozambique LNG project, which was put on hold this year for security reasons, to restart around mid-2022.

LatAmOil: ExxonMobil’s third disappointment at Canje block

2 November 2021

ExxonMobil (US) has reportedly completed its third exploration well at the Canje block offshore Guyana without discovering commercial hydrocarbon reserves.

Former Sonangol director says local content initiatives are having little effect

2 November 2021

Angola has made efforts to increase local content in oil and gas projects involving international oil companies, but its approach has had only limited effects, according to a former director of Sonangol.

AsianOil: Santos, Beach reach FID on Moomba CCS

2 November 2021

Santos and Beach Energy have reached a final investment decision on their $165mn Moomba carbon capture and storage project in South Australia.

AfrOil: Former Sonangol director pessimistic about local content

2 November 2021

Angola has made efforts to increase local content in oil and gas projects involving international oil companies (IOCs), but its approach has had only limited effects, according to a former director of state-owned Sonangol.

bneGREEN: Russian miners bring surprise nugget to the surface for global carbon fight

2 November 2021

For a world increasingly focused on global warming, the Russian mining and metals sector wouldn’t ordinarily be the first place to look for good news. But a new report says the leading companies are cleaning up their act.