Latest Stories
Canada’s Wolf Midstream takes FID on NGL North System expansion
Canada’s privately owned Wolf Midstream has taken a final investment decision on the Phase Three expansion of its NGL North System.
Shell completes sale of Coulomb, Na Kika interests in US Gulf
Shell Offshore has completed the previously announced sale of its interests in the Coulomb and Na Kika assets in the US Gulf of Mexico.
Fugro wins major Australian subsea integrity contract
Dutch offshore services group Fugro has secured a major marine asset integrity contract in Australia covering the replacement, inspection and surveying of subsea infrastructure.
Australia steps in to maintain abandoned Cliff Head oil platform
Australia’s federal government has authorised public funding to keep the mothballed Cliff Head oil platform offshore Western Australia safe following the collapse of the companies responsible for the asset.
Vermilion cleared for new Wandoo drilling offshore Australia
Canada’s Vermilion Energy has secured Australian regulatory approval for new exploration and development drilling at the Wandoo oil field offshore Western Australia.
New Zealand pushes LNG terminal decision beyond November election
New Zealand has pushed a decision on its proposed LNG import terminal beyond the November 7 general election, delaying a project intended to provide back-up gas supply as domestic production declines.
India's ONGC strikes gas in deepwater Mahanadi basin
India's state-controlled Oil and Natural Gas Corp. has made a natural gas discovery in the deepwater Mahanadi Offshore Basin off the country's east coast, strengthening prospects for a wider development of resources in the frontier area.
Indonesia awards six upstream blocks, puts another eight on offer
Indonesia has awarded six upstream oil and gas blocks carrying more than $141mn in firm investment commitments and simultaneously launched a new licensing round offering another eight areas.
Indian Oil approves $256mn Kochi-Thoothukudi gas pipeline
India’s state-owned Indian Oil Corp. has approved an investment of INR24.49bn to build a 425-km natural gas pipeline linking Kochi in Kerala with Thoothukudi in Tamil Nadu, expanding gas infrastructure across southern India.
Prime Natuna finds gas in four zones at Bekantan-1 off Indonesia
Indonesia’s Prime Natuna EP has encountered gas in four reservoir zones at the Bekantan-1 exploration well in Natuna Sea Block A, with initial deliverability estimated at around 12mn cubic feet per day.
Canada focuses on boosting energy trade beyond North America
Canadian energy exports are increasingly heading across the Pacific, but the US is still a major customer despite shifting trade patterns
Brazil’s Petrobras expands Africa push with new Mozambique ENH agreement
Petrobras and Mozambique’s state-owned ENH have signed a two-year MoU to explore oil and gas cooperation as Maputo seeks fresh energy investment.
LATAM BLOG: Trump keeps Machado's medal and Rodríguez's oil
María Corina Machado made three failed attempts to reach Venezuela from Panama by sea and air on September 21 and 22, her team said. On the second of those days Delcy Rodríguez, the country's acting president, held her first meeting with Trump.
Oman to host Gulf's first World Wind Energy Conference in 2027
Oman will host the World Wind Energy Conference in December 2027, the first time the event comes to the Gulf, as the sultanate brings 245 MW of new wind capacity online.
Zambia’s Zanaco launches $100mn green and social financing programme
Lusaka Securities Exchange chief executive Nicholas Kabaso described the transaction as the first sustainability bond issued by a Zambian bank and said the exchange would work with stakeholders to develop further thematic issuances.
Peru grants Orygen final licence for 169.8MW Arenarosa solar plant in Ica
Peru's Ministry of Energy and Mines (MINEM) has awarded Orygen Perú the definitive concession to develop renewable power generation at the Arenarosa solar plant, which has a nominal capacity of 169.82MW.
Dangote cuts Nigeria petrol price as wholesale market eases
Nigeria’s 650,000-barrel-per-day Dangote Petroleum Refinery cut its ex-gantry petrol price by NGN25 to NGN1,325 ($1.00) a litre, effective September 21, partially reversing an NGN85 increase earlier in the month.
Argentina protests UK over Falklands offshore oil licence extensions
Argentina on September 22 lodged a formal diplomatic protest with the United Kingdom over the extension of offshore hydrocarbon licences in the Falkland Islands (also known as Malvinas), rejecting what it described as unilateral activity.
Djibouti expands fuel corridor with rail-linked terminal for direct shipments to Ethiopia
A new petroleum terminal at Djibouti’s Doraleh port will add 288,000 cubic metres of storage and enable direct rail loading of Ethiopia-bound fuel from 2027.
US plans up to $7bn financing package for Argentina’s energy and minerals
The United States plans to provide up to $7bn in financing for critical minerals and energy projects in Argentina, as Washington and Buenos Aires deepen economic cooperation and seek to expand access to the South American country's energy and mineral
Argentina’s Vaca Muerta LNG project seeks US-backed financing for $51bn development
Argentina LNG, a $51bn project led by YPF, Italy's Eni and UAE-based XRG to turn gas from Vaca Muerta into liquefied natural gas for export, could receive financing support from the US Export-Import Bank and private investors.
Oman joins Trump meeting with Gulf, Arab leaders in New York
Oman joined Gulf and Arab countries and Türkiye in talks convened by US President Donald Trump on regional security and Middle East developments, Oman News Agency reported on September 23.
Falklands extends offshore oil licences as Argentina steps up legal challenge
The Falkland Islands government has extended existing offshore oil licences for five years as Argentina steps up legal and political efforts to block development of the territory’s petroleum resources.
Argentina’s oil patch draws more than $416mn in oil exploration commitments
Argentina’s Neuquén and Mendoza provinces are advancing oil exploration projects carrying more than $416mn in proposed investment and access payments, spanning new acreage in Neuquén and conventional exploration areas in Mendoza.
Brazil’s Petrobras targets January for Foz do Amazonas appraisal wells
Brazil’s Petrobras plans to begin drilling three wells in the Foz do Amazonas basin in January 2027 as it seeks to determine whether its recent oil discovery in the environmentally sensitive offshore region is commercially viable.
Follow us online