Free Top Stories

GLNG: Russia’s long-term strategy and a US project scrapped

23 March 2021

Russia has approved a long-term LNG strategy, targeting up to a three-fold increase in production to 140mn tonnes per year (tpy) by 2035. Meanwhile, in the US, the field of new export terminal proposals continues to thin, with Annova LNG scrapped.

AsianOil: Velesto wins drilling contracts from Petronas

23 March 2021

Malaysia’s state-owned Petronas has awarded drilling contracts for up to six shallow-water wells to local service provider Velesto Energy.

LatAmOil: Disappointment offshore Suriname

23 March 2021

Tullow Oil (UK/Ireland) and its partners in Block 47 offshore Suriname have finished drilling the Goliathberg Voltzberg North-1 (GVN-1) exploration well without making a commercial discovery.

AfrOil: Pros and cons of PIB

23 March 2021

Obo Idornigie, vice-president of sub-Saharan African research for Welligence Energy Analytics, recently discussed the strengths and weaknesses of Nigeria’s Petroleum Industry Bill (PIB) with AfrOil.

Cautious outlook for Nigeria’s deepwater oilfields

23 March 2021

Nigeria's passage of a new oil law will not remove all obstacles to deepwater investments by IOCs, according to Welligence Energy Analytics.

Pemex reports major new find offshore Tabasco State

18 March 2021

Mexico’s national oil company (NOC) Pemex has reported the discovery of a large new field off the coast of Tabasco State in the southern Gulf.

Nigeria, Kenya hike fuel prices

17 March 2021

Nigeria and Kenya have hiked fuel prices in response to rising crude oil prices, and their decisions have different policy implications.

Damietta LNG gears up to load third cargo since restart

17 March 2021

The Damietta LNG plant in Egypt is preparing to export its third cargo since resuming operations last month, according to Italy’s Eni, a shareholder in the facility.

GLNG: Albanian feasibility study, US exports and carbon-compensated LNG in Spain

16 March 2021

Plenty of LNG-related developments continue to emerge, including a feasibility study for an import terminal in Albania, the delivery of a carbon-compensated cargo of LNG by Repsol in Spain and details of US exports of the super-chilled fuel in 2020.

NorthAmOil: US rig counts down but production bouncing back

16 March 2021

The US’ active rig count edged down by one last week, according to oilfield services firm Baker Hughes. This marked the first time the US rig count had fallen since November.

AsianOil: Indonesia sets upstream content targets

16 March 2021

Indonesia’s upstream watchdog SKK Migas has set a local content target for upstream investment in 2021, after the COVID-19 pandemic derailed last year’s target.

LatAmOil: Pemex’s big discovery

16 March 2021

Mexico’s national oil company (NOC) Pemex has reported the discovery of a large new field that may hold 1bn barrels of crude.

AfrOil: Objections to fuel price hikes

16 March 2021

Fuel price hikes have sparked anger in Nigeria and Kenya during the last week.