Free Top Stories

ENERGO: Poland to revise coal exit schedule but will keep 2049 as deadline

Serbian president says new gas deal agreed with Russia

President Aleksandar Vucic says he agreed gas supplies on terms “very favourable for Serbia” in call with Russian President Vladimir Putin.

Iran seizes Greek tankers after grabbing of Iranian ship and reports of Israeli ‘suicide drone’ strike on military facility

Tensions between Iran and adversaries are on the rise amid the stalling of efforts to reinstate the 2015 nuclear deal.

Colombia’s Ecopetrol to join Oxy subsidiary in exploring four offshore Caribbean blocks

Colombia’s Ecopetrol will be teaming up with a subsidiary of the US-based Occidental Petroleum to explore four offshore blocks in Colombia’s section of the Caribbean Sea.

Equinor, ExxonMobil near decision on Bacalhau expansion project

The Norwegian oil company Equinor and its US-based partner ExxonMobil are moving toward a decision on an $8bn upstream expansion project in Brazil, according to a Reuters report.

Is Venezuela Europe’s answer for the loss of Russian oil?

The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.

REM: US installs 6.6 GW of clean power in Q1

The United States installed 6.6 GW of new clean power with 90 projects coming online in the first quarter of 2022, says a new market report from the American Clean Power Association

AsiaElec: China doubles coal imports from Russia

NorthAmOil: Centennial, Colgate in largest shale merger of 2022

Centennial Resource Development and Colgate Energy Partners III announced on May 19 that they had agreed to combine in what the companies described as a merger of equals.

LatAmOil: Bolivian gas supply cuts may lead Petrobras to import more LNG

Brazil’s national oil company Petrobras has said it may need to import more LNG due to an unexpected cut in shipments of natural gas from Bolivia.

DMEA: Nigeria’s grand refining plans

GLNG: Regas rates at Grain LNG reach record levels as European demand soars

The Grain LNG terminal in the UK posted record gas send-out levels in April, as high demand for gas from Europe pushed utilisation rates up, with LNG tankers arriving from eight new countries since January.

FSU OGM: Russian bookings generating new business for Sovcomflot

Russia’s state-owned tanker operator Sovcomflot (SCF) is still attracting plenty of business, with a surge of recent bookings from Russian oil producers partially making up for the loss of Western clients.

AsianOil: Australian election spells new uncertainty for oil and gas

Australia’s federal election, held on May 21, has resulted in a change of government following a victory by the Australian Labor Party (ALP).

AfrOil: Germany, Senegal focus on prospects for gas co-operation

Natural gas projects were among the key items on the agenda at a meeting between German Chancellor Olaf Scholz and Senegalese President Macky Sall.

MEOG: Gas plans and oil discoveries

EurOil: Schroeder steps down from Rosneft board

Sibur CFO O’Brien quits as sanctions decimate Russia’s foreign executive ranks

Peter O'Brien, chief financial officer of Russia’s largest petrochemical company Sibur, has left the company as sanctions decimate the ranks of Russia’s foreign executives, bne IntelliNews can reveal.

Poland terminates Yamal pipeline agreement ahead of schedule

Poland’s Climate and Environment Minister Anna Moskwa announced on May 23 that her country was terminating its inter-governmental agreement (IGA) with Russia on natural gas deliveries via the Yamal-Europe pipeline.

Fall in hydropower production puts Albania’s finances under pressure

Albania’s electricity generation fell in Q1, forcing the country to increase imports more than sevenfold at a time when prices are soaring.

EC President Von der Leyen tells Davos countries of future 'don't need oil and gas'

European Commission President Ursula Von der Leyen told delegates at the annual World Economic Forum in Davos that Ukraine belongs in the “European family".

Saudi energy minister says Russia will remain a part of OPEC+ group

Saudi Arabia will continue to include Russia in OPEC’s attempts to work with other oil-producing states to balance global energy markets, despite Western moves towards sanctions on trade in Russian crude.

Schroeder steps down as Rosneft board chairman

Gerhard Schroeder, Germany’s former chancellor, has resigned from his post as chairman of Russia’s state-owned oil producer Rosneft.

AfrElec: China's Sinohydro to build $214mn hydroelectric plant in Rwanda

The Rwandan government has started the construction of a brand new power plant, expected to boost the country’s electrical capacity by 43.5 MW by the end of 2024, it was announced.

Slovenia’s DEM to launch geothermal pilot project at abandoned well

If successful, DEM's project to exploit the geothermal energy potential of a dry, unproductive well could be replicated around the world.