Free Top Stories

LatAmOil: Perenco steps up efforts to collect settlement from Ecuador

8 August 2022

Perenco (UK/France) has stepped up its efforts to collect a settlement of at least $374.3mn related to a decade-old lawsuit over profit-sharing from the government of Ecuador.

AfrOil: Namibian court denies NGOs’ request for Kavango exploration halt

8 August 2022

The High Court of Namibia has ruled that Canada's Reconnaissance Africa (ReconAfrica) and its local partner NAMCOR may proceed with exploration work at in the Kavango basin.

Bulgaria’s caretaker government mulls new long-term contract with Gazprom

7 August 2022

Suspicions President Rumen Radev picked new cabinet to bring Bulgaria back into the Russian orbit.

OPEC+ tiny production increase is a slap in face for Biden

4 August 2022

Arab oil exporters responded to a visit by US President Joe Biden to the region in July with the smallest increase in quotas in history – just 100,000 barrels per day at an OPEC+ meeting in Vienna on August 3.

COMMENT: Does Russia have any friends left in Southeast Asia?

4 August 2022

The geopolitical earthquake that is the Russian invasion of Ukraine has clearly strengthened alliances between Russia and China, but the war has wrecked trade relations in SE Asia and most countries are trying not to take sides.

Afghanistan pays electricity debts to Uzbekistan but still owes Tajikistan

3 August 2022

Both have long-duration electricity supply agreements signed before the Taliban returned to power.

EU gas imports from Russia in charts

2 August 2022

The Bruegel think-tank has published a set of interactive charts that show very clearly how Russian gas imports to Europe this year are well below the historical average.

AsianOil: CNOOC reports commercial flows from offshore shale well

2 August 2022

China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.

LatAmOil: ExxonMobil makes two new finds at Stabroek

1 August 2022

US-based ExxonMobil has made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.

AfrOil: Eni, Sonatrach strike oil in North Berkine basin

1 August 2022

Italy’s Eni and its Algerian partner Sonatrach have made a new hydrocarbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled in the Berkine North basin.

EVs in Uzbekistan bring problems and prospects

28 July 2022

Number of imports up dramatically, but most market players doing little by way of providing electric vehicle servicing and infrastructure. That needs to change.