Free Top Stories
LatAmOil: Eco Atlantic to expand Guyana foothold via acquisition of JHI
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
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.
FSUOGM: UK slaps sanctions on Gazprom, Rosneft CEOs
MEOG: Iran boosts smaller fields
AfrOil: Eni, BP finalise plan for Azule JV in Angola
Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola.
AsianOil: South Korea approves oil release to take pressure off refiners
The South Korean government last week gave the green light to release more than 4mn barrels of oil from the country's Strategic Petroleum Reserve (SPR).
Croatia, Italy and Slovenia to create cross-border hydrogen valley
Three countries to promote the development of hydrogen technologies as they aim to reach climate neutrality by 2050.
bnePodcast: Energy shock – in the economic war Fortress Russia has no ammunition
In the long term Russia will be reduced to a raw material exporter that has to export regardless of price because they need the cash, argues Christof Rühl.
COMMENT: Nuclear deal cliffhanger
Might Iran sideline Russia to secure an agreement that would put it right back on the world oil and gas markets?
Eni, BP finalise deal to form independent joint venture Azule Energy, combining all their Angola businesses
Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola that will combine all of the Italian and British energy majors’ businesses in the African country.
Guyana’s attorney general defends government’s support for oil development
Guyanese Attorney General Anil Nandall has spoken in favour of the government’s economic agenda in response to criticism from several NGOs that have raised objections to Georgetown’s promotion of upstream oil development.
Minister: Jamaica has enough oil and fuel in storage to weather high prices
Jamaica’s Minister of Science, Energy, and Technology Daryl Vaz sought last week to provide assurances that the country has sufficient fuel reserves as oil prices rise following Russia's invasion of Ukraine.
INTERVIEW: Implications of war in Ukraine for Africa
Experts from Rystad Energy and Welligence Energy Analytics speak to NewsBase about what the Russia-Ukraine conflict might mean for oil and gas producers in sub-Saharan Africa.
REM: Europe proposes to ramp up renewables and slash Russian gas imports by 66%
Europe is planning to slash consumption of Russian natural gas by almost two thirds by the end of this year as it ramps up renewable energy to bolster a move towards energy independence.
Iran, US can do nuclear deal without Moscow says Crisis Group director
Western powers concerned Russia holding JCPOA talks to ransom in effort to curb some effects of Ukraine invasion sanctions.
MOSCOW BLOG: Recalibrating for the economic war with Russia
OK people. It’s time to recalibrate. The war between Moscow and Kyiv in Ukraine just went global. It’s now a full blown economic war between East and West.
US bans imports of Russian oil and gas
US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.
EU vows to cut Russian gas supply by two thirds within a year
The European Commission has unveiled plans to cut EU gas imports from Russia by 100bn cubic metres within one year. Russia is the bloc's single largest supplier of the fuel, meeting around 40% of its demand.
Russia strikes back with counter sanctions in an escalating economic war, banning commodity exports for the rest of 2022
Only hours after the US announced a ban on oil imports from Russia, Russian President Vladimir Putin struck back with counter-sanctions that will ban the export of Russian commodities until the end of 2022 on March 8.
AsianOil: Outage reported at Malaysia LNG Satu
An unplanned outage was reported at the Malaysia LNG (MLNG) Satu – part of the country’s nine-train Bintulu LNG complex – last week.
Follow us online