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Buhari signs PIB into law
As Nigeria's president signs the Petroleum Industry Bill (PIB) into law, the head of NNPC hails the new legal regime and says it will resolve host communities’ concerns.
AsianOil: Woodside, BHP Petroleum announce merger
Australia’s largest independent Woodside Petroleum has announced its planned merger with BHP Petroleum, the upstream arm of leading Australian miner BHP.
EurOil: UK unveils hydrogen strategy
The UK government unveiled its hydrogen strategy this week following recent delays. The strategy commits the country to developing 5 GW of low-carbon hydrogen capacity by 2030.
NorthAmOil: US oil industry groups file lawsuit against Biden
US oil industry groups have filed a lawsuit against the administration of US President Joe Biden for halting oil and gas lease sales on federal land and in federal waters.
DMEA: Imports and gas deals
AfrOil: Buhari signs PIB into law
Nigerian President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB), which establishes a new legal regime for the country’s oil and gas industry, into law.
Buhari signs PIB into law
Nigerian President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB), a piece of legislation that establishes a new legal regime for the country’s oil and gas industry, into law.
FSU: Rosneft posts 55% jump in second-quarter profits
Russia’s state-run Rosneft has posted a 55% quarter-on-quarter jump in its April-June net profit, with the company attributing the rebound to stronger international oil prices.
GLNG: Australian LNG exports to China hit record
Australian LNG exports to China have risen to record highs despite ongoing trade tensions between the two countries.
MEOG: EDO’s debt raise and Iraqi drilling
As Taliban regime takes shape, Central Asia and Iran assess fate of Afghanistan investments
The future of plans for a gas pipeline, trade links to South Asian ports, power transmission lines and railways will remain up in the air until the direction of the new Afghan regime is clear.
Central Asia and Afghanistan: Enemies at the gate?
The Taliban has assured the region’s governments that it has no designs on them, but can it keep more hostile groups in check?
Russia’s stumbling along in the race to carbon neutrality
Earlier this year Vladimir Putin’s called for cutting Russia’s greenhouse gases (GHG) emissions to below those of the European Union as the Kremlin starts to wake up to the dangers of global warming.
PIB seen providing support to Nigeria’s “Decade of Gas”
Nigeria's new oil and gas law aims to address the concerns expressed by IOCs, but it also establishes incentives for delivering gas to the domestic market.
MEOG: Big results and small qualifiers
GLNG: US LNG players see more interest in SPAs, higher greenfield costs
Sempra Energy warned in its second-quarter conference call that construction costs were rising for greenfield liquefaction projects. Meanwhile, fellow US LNG exporter Cheniere Energy highlighted the return of long-term LNG contracts.
bneGreen: Last chance to cut emissions and save the climate
The UN said in its strongest statement yet that human influence is unequivocally responsible for creating climate change, with only immediate, rapid and large-scale reductions in CO2 and GHG emissions able to limit global global warming to 1.5°C.
NRG NorthAmOil: ExxonMobil weighs net zero pledge
Super-major ExxonMobil is reportedly considering making a pledge to pursue net zero greenhouse gas (GHG) emissions. This comes as the company finds itself under growing pressure from investors over its stance on decarbonisation.
AsianOil: Senex enjoys significant Surat reserves upgrade
Australian independent Senex Energy reported a significant upgrade to its natural gas reserves this week following an independent assessment by Netherland Sewell & Associates (NSAI).
BHP approves capex spending for Trion, Shenzi North projects
Australia’s BHP has approved plans to spend more than $800mn on work at two fields in the Gulf of Mexico, Trion and Shenzi North.
LatAmOil: BHP approves capex spending for Trion project
Australia’s BHP has approved plans to spend more than $250mn on work at Trion, a deepwater field located off the coast of the Mexican state of Tamaulipas.
AfrOil: NOCK under fire from government auditors
The National Oil Corporation of Kenya (NOCK) is under fire for its shaky finances, with the Office of the Auditor-General (OAG) expressing concern about the company’s failure to pay loans from KCB Bank Kenya.
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