Latest Stories

Equinor wins 2,500 MW of US wind licences

15 January 2021

New York State has awarded Equinor and its partner bp licences for 2,490 MW of offshore wind capacity at the Empire Wind 2 and Beacon Wind 1 projects.

Africa’s electricity unlikely to go green this decade

15 January 2021

Research from the University of Oxford predicts that total electricity generation across the African continent will double by 2030, with fossil fuels continuing to dominate the energy mix.

GERD talks fail again

15 January 2021

The latest talks on the Grand Ethiopian Renaissance Dam (GERD) have again broken down, with the Egyptian side blaming differences on how to resume talks and on the procedural aspects related to managing the negotiation process.

Globeleq takes over Nigerian generator CPGNL

15 January 2021

Africa-focused IPP Globeleq is to take a 74% majority equity stake in Nigeria’s CPGNL Ltd (CPGNL), which will be rebranded as Globeleq Power Solutions Nigeria Ltd.

Summit cleared to proceed with Double E construction

15 January 2021

Summit Midstream Partners announced this week that it had been granted its notice to proceed with construction of the Double E gas pipeline in the Permian Basin by the US Federal Energy Regulatory Commission (FERC).

CAPP forecasts 14% increase in Canadian upstream investment

15 January 2021

The Canadian Association of Petroleum Producers (CAPP) said this week that it expected investment in upstream oil and gas in the country to rise by 14% in 2021.

Enbridge battles over pipelines on two different fronts

15 January 2021

Canada’s Enbridge has been battling over two separate issues related to its Mainline oil pipeline system and its Line 5 pipelines in the Straits of Mackinac in Michigan.

What’s next for the Venezuelan sanctions regime?

15 January 2021

The incoming Biden administration is likely to take a softer approach to Venezuelan sanctions, but opposition leader Guaido will continue to play a role in US policy discussions .

AfDB to mobilise $6.5bn to fight climate change and boost sustainability

14 January 2021

The African Development Bank (AfDB) has pledged to mobilise up to $6.5bn in funding for the Sahel region's Great Green Wall Initiative.

Judge approves Chesapeake’s bankruptcy plan

14 January 2021

A US judge has approved Chesapeake Energy’s Chapter 11 bankruptcy plan this week, giving lenders control of the firm, whose value has risen since it first filed for bankruptcy protection last year.

Australia backs Beetaloo development

14 January 2021

The Australian government has announced plans to provide additional funding that is geared towards speeding up the development of the Northern Territory’s shale gas resources.

Ups and downs for LNG in Australia

14 January 2021

Chevron has reported finding weld quality issues at a second train at its Gorgon LNG project, while Shell has restarted production at Prelude FLNG after an almost year-long outage.

NFE to acquire LNG and power assets in Brazil, along with Golar LNG

14 January 2021

US-based New Fortress Energy (NFE) is set to raise its profile through the acquisition of LNG and power-generating assets in Brazil and of another company, Golar LNG, also known as GMLP.

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