Eskom has told investors it does not need any more government cash to support current operations
Egypt has abandoned its plans to build 6,600 MW of coal-fired capacity at Hamrawein
Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly appealed to the government for tax relief as its core business comes under pressure from the oil and gas price crash.
China and Kazakhstan are set to begin building an oil and gas pipe factory in Almaty in the second quarter, after the project was quietly shelved two years ago.
China’s state-run Sinopec has announced the official launch of bunkering operations at its oil depot at the port of Hambantota in Sri Lanka.
State-run Indian Oil Corp. (IOC) has awarded international engineering company Larsen & Toubro (L&T) a contract to expand the capacity of the Barauni refinery in the eastern state of Bihar.
Indonesia’s state-run Pertamina has said it intends to increase its crude oil production by 1.8% this year, doubling down on its previous statement that the oil price crash would not affect its drilling plans for 2020.
Australian developer Origin Energy will increase its stake in the Beetaloo Basin shale gas project in exchange for covering a larger share of junior partner Falcon Oil and Gas’ cost obligations.
Canada’s Cryopeak LNG Solutions has started construction on a small-scale LNG facility in Fort Nelson, British Columbia.
More capital expenditure cuts are being announced by US oil and gas companies, including some producers that are scaling back spending for a second time since oil prices collapsed in March.
Shipments of US LNG to China are resuming after Beijing has reportedly started granting tax waivers to certain importers of the super-chilled fuel.
Premier Oil will exit the Area A joint venture in which it partners with 88 Energy on Alaska’s North Slope after their Charlie-1 well encountered natural gas condensates but not the light oil that the partners were targeting.
Shale producer Whiting Petroleum has filed for bankruptcy protection in the wake of the oil price collapse, and many others are set to follow unless prices improve.