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GLNG: Woodside to exit Kitimat LNG

Australia’s Woodside announced this week that it would exit its 50% non-operated interest in the proposed Kitimat LNG project on Canada’s West Coast.

MEOG: Iran optimistic as export route opens

DMEA: UAE’s H2 plant and Jordan’s imports

EurOil: Neptune stung by outages

FSUOGM: Ukraine imposes fuel price controls

LatAmOil: Peru LNG halts production

The Peru LNG consortium has suspended operations at its natural gas liquefaction plant in Pampa Melchorita, citing an issue with one of its compressors.

AfrOil: Nedbank to halt funding for coal, oil and gas projects

South Africa’s Nedbank has decided to phase out funding for fossil fuel projects as part of a wider effort to reduce its net carbon emissions to zero by 2045.

AsianOil: Indonesian upstream expands domestic content level

Indonesia’s upstream watchdog SKK Migas has revealed that the domestic content level in the country’s oil and gas projects during the first four months of the year exceeded the government’s target.

Peru LNG halts production, citing compressor problem

The Peru LNG consortium has suspended operations at its natural gas liquefaction plant in Pampa Melchorita, citing an issue with one of its compressors.

Nedbank announces plan to stop funding coal, oil and gas projects

South Africa’s Nedbank revealed last week that it had decided to phase out funding for all fossil fuel projects.

bneGREEN: Lukoil oil spill headed towards the Barents Sea

An oil spill in the Komi Peninsula is four to five-times bigger than initially thought, and may flood into the Barents Sea on Russia’s north-eastern coast if unchecked, environmentalists warned on May 17.

Global warming will open up Russia’s Far North to agriculture over next two decades

The global climate crisis has a silver lining for Russia at least. Over the next two or three decades large swathes of Russia’s frozen northern regions will become warm enough to grow crops.

EIB to fund solar power projects in Croatia

Russia’s oil and gas reserves will last for another 59 and 103 years respectively, says natural resources minister

Russia has enough extractable oil still in the ground to maintain production for another 59 years and gas reserves that can be exploited for another 103 years.

European industry awaits EC proposals

ADB mulls end to upstream funding

The Asian Development Bank (ADB) has announced plans to phase out funding for upstream projects while also introducing conditions on fossil fuel investments in general.

Colonial Pipeline hack sounds alarm for greater OT security

Companies active in the oil and gas industry – and in all other sectors of critical infrastructure – should start thinking now about how to guard against the next cyberattack.

GLNG: Sempra likely to push Port Arthur LNG FID back to 2022

Sempra Energy said last week that it would likely delay the final investment decision (FID) on its proposed Port Arthur LNG export terminal in Texas to 2022.

NorthAmOil: Cyberattack knocks out Colonial Pipeline

A ransomware cyberattack on Colonial Pipeline has been described as one of the most disruptive digital ransom schemes ever reported.

FSUOGM: Rosneft’s $240mn licence purchase

EurOil: Poland prepares to lay Baltic Pipe

MEOG: Basra buying and Burgan on fire

DMEA: Angolan outlet and Syrian blaze

AsianOil: Comet wins CBM block in Queensland

Australian independent Comet Ridge has been awarded a new coal-bed methane (CBM) exploration block by the Queensland State government.

LatAmOil: API blasts AMLO for favouring Pemex

Mexican President Andres Manuel Lopez Obrador has come under fire from the API for his efforts to ensure that state-owned companies continue to dominate the domestic energy sector.