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AsianOil: BP, Petronas win offshore blocks in Indonesian auction

23 March 2022

Super-major BP and Malaysia’s Petronas both announced on March 18 that they had been awarded deepwater exploration blocks as part of the second round of Indonesia’s 2021 Oil and Gas Working Area (WK) Bid Round.

AfrOil: Uganda’s energy minister hopes for refinery FID in 2023

23 March 2022

Uganda’s Energy Minister Ruth Nankabirwa says the Albertine Graben Refinery Consortium (AGRC) is set to make a final investment decision next year on the construction of refinery for oil from fields near Lake Albert.

REM: Shell may develop six offshore wind farms totalling 1.7 GW off Brazil

23 March 2022

Shell Brasil has filed environmental licensing requests for six offshore wind farms totalling 1.7 GW.

Bulgaria to complete gas link with Greece as it seeks to end dependence on Russian gas

21 March 2022

Gas link that will allow imports of Azeri gas set to be completed by June, says PM Kiril Petkov.

Buying Russian oil is “like eating toxic nuclear waste” again

21 March 2022

In the midst of the 1998 financial crisis investor Adam Elstein famously said that he would rather “eat toxic nuclear waste” than buy Russian assets. Russia is back in that place.

Czech billionaire Karel Komarek considering cutting links with Russia's Gazprom

21 March 2022

Czech government discussing how to remove Russian gas giant from MND storage joint venture.

FxPro Group says US restrictions on Russian oil imports could benefit Mexican economy

21 March 2022

Cyprus-based FxPro Group Ltd has said that it expects the Mexican economy to reap benefits in the medium term from the US government’s decision to ban imports of Russian crude oil and natural gas.

Duque says Colombia can supply oil to US

18 March 2022

Colombian President Iván Duque met with US President Joe Biden in Washington last week to discuss energy security amid the ongoing Russian military incursion in Ukraine.

US continues to explore sanctions relief for Venezuela

18 March 2022

In an effort to secure new supply sources and mitigate the rapid rise in oil prices, the administration of US President Joe Biden has continued to explore the possibility of easing sanctions on Venezuela.

Eastern EU member states divided over sanctions on Russian oil and gas exports

18 March 2022

Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.

REM: UK to bolster renewable energy in response to economic impact of Russia’s war in Ukraine

17 March 2022

Later this month, UK Prime Minister Boris Johnson will unveil a British Energy Security Strategy that will promote renewable energy, nuclear and hydrogen to boost energy independence and buffer the country from the economic impact of Russia’s war.

AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project

16 March 2022

Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.

Eco Atlantic aims to expand Guyana foothold by acquiring JHI

15 March 2022

UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.

NorthAmOil: ExxonMobil reportedly considering Bakken sale

15 March 2022

ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.

LatAmOil: Eco Atlantic to expand Guyana foothold via acquisition of JHI

15 March 2022

UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.

GLNG: China resells US LNG cargoes

15 March 2022

China is reported to have resold a handful of US LNG cargoes to Europe as price trends and Russia’s war in Ukraine continue to reroute trade flows.