Free Top Stories

Crisis highlights weaknesses of North Macedonia’s energy system

1 February 2022

The global energy crisis that hit North Macedonia has forced the country to import high-priced electricity from international markets, due to the lack of domestic production.

AfrOil: TotalEnergies hopes to resume Mozambique LNG project in 2022

1 February 2022

Patrick Pouyanné, the CEO of TotalEnergies (France), hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.

LetterOne Group to block Wintershall Dea IPO over Ukraine tensions

31 January 2022

A row over the future of Europe's largest private energy company has escalated, with Russian billionaire Mikhail Fridman's LetterOne conglomerate threatening to block the majority shareholder's efforts to bring the manufacturer to market.

AsianOil: Malaysia launches 2022 licensing round

31 January 2022

Malaysia’s state-owned Petronas launched the country’s 2022 licensing round on January 27.

TotalEnergies CEO hopes to resume work on $20bn Mozambique LNG project this year

31 January 2022

Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.

Ex-management of Bulgargaz to be charged over costly gas imports

31 January 2022

Management of state-owned gas supplier Bulgargaz sacked en masse over its failure to import cheap natural gas from Azerbaijan, worsening energy crisis in Bulgaria.

Can Russia cut off gas supplies to Europe?

28 January 2022

With the US threatening Russia with “massive consequences” if it invades Ukraine, Russia has threatened to take “military and technical” action in response. Is cutting Europe off from gas deliveries one of the Kremlin’s options?

Nahle denies reports of delays and cost overruns at Dos Bocas refinery

28 January 2022

Mexican Energy Minister Rocio Nahle has denied reports that the national oil company Pemex is running over budget and behind schedule on the construction of the Dos Bocas refinery in Tabasco State.

Uzbekistan: How a power outage sent a country into meltdown

28 January 2022

The way the utilities system is designed meant that a whole series of related essentials were quick to fail.

Nigeria puts PIA on hold

27 January 2022

Following tumult over the elimination of gasoline price subsidies, Nigeria's federal government delays full implementation of the new petroleum law.

REM: More than GBP60mn boost for UK offshore floating wind

26 January 2022

Eleven floating wind projects off the UK have been selected for a government investment of GBP31.6mn. More than GBP30mn in cash will also come from private industry

AfrElec: Kenya Power officials charged over nationwide power outage

26 January 2022

Kenya’s court has dropped charges against six employees of the electricity distribution utility due to a lack of evidence linking them to the recent countrywide power outage.

Buhari administration seeking to postpone Petroleum Industry Act implementation, minister says

26 January 2022

The administration of Nigerian President Muhammadu Buhari intends to propose an 18-month extension of the term for implementation of the Petroleum Industry Act (PIA) adopted last August.

LatAmOil: Nahle offers reassurances on Dos Bocas refinery

26 January 2022

Mexican Energy Minister Rocio Nahle has denied reports that the national oil company (NOC) Pemex is running over budget and behind schedule on the construction of the Dos Bocas refinery in Tabasco state.

AfrOil: Dangote refinery eyes start-up in H2-2022

26 January 2022

The exact starting date of the new Dangote oil refinery will be dependent on the outcome of a testing programme that is due to wrap up late in the third quarter of 2022, a plant official has said.

Turkmenistan: A strong and stably economy

26 January 2022

As the president readies the public for yet another year of shortages, he has taken money from an economic stabilisation fund to breed more horses. This and more in our weekly briefing.

NorthAmOil: Chesapeake confirms Chief acquisition, announces PRB sale

25 January 2022

Chesapeake Energy confirmed this week that it was buying privately owned Chief E&D holdings for about $2.5bn in cash and stock, and also said it was selling its assets in Wyoming’s Powder River Basin to Continental Resources for around $450mn.

AsianOil: TotalEnergies, Chevron announce Myanmar withdrawal

25 January 2022

France’s TotalEnergies and US-based Chevron are withdrawing from Myanmar, citing the worsening situation in the country following last year’s coup.

GLNG: Sempra downsizes Cameron LNG expansion plan

25 January 2022

US-based Sempra Energy has downsized its plans for the expansion of its Cameron LNG export terminal in Louisiana.