Qatar Petroleum and ExxonMobil have requested permission from US regulators to increase the capacity of their Golden Pass LNG terminal, which is currently under construction on the Texas Gulf Coast.
With solar PV costs falling 92% since 2010, renewables are now more and more competitive than coal.
France’s EDF and China Energy Investment (CEI) have signed the final joint venture agreements to create a new company to run 502 MW of offshore wind capacity at the Dongtai IV and Dongtai V projects in Jiangsu Province.
Siemens Gamesa has won a firm order from Iberdrola-owned Ailes Marine to supply 62 turbines to France’s 496-MW Bay of Saint Brieuc offshore wind farm.
Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has identified reduced production costs as one of his company’s priorities.
Some analysts see indicator as more reliable than GDP, industrial output and PMI data when it comes to assessing extent of industrial activity in country.
Nigeria’s Department of Petroleum Resources (DPR) revealed on June 1 that it had launched a new round of bidding for marginal fields.
Libre Abordo, the Mexico-based company involved in a controversial oil-for-water agreement with Venezuela, has declared bankruptcy.
State-controlled oil transportation companies in Colombia have agreed to extend previously offered reductions in pipeline charges amidst persistently low oil prices.
At least six oil companies have now registered cases of coronavirus infection among their employees or contractors working at facilities offshore Brazil.
Brazil’s state-controlled oil company Petrobras said last week that it had begun taking steps to allow other companies to access its natural gas-processing plants.
Bermuda-registered Golar LNG has issued an update on its activities related to projects in Africa and South America.
Sinovensa's fire damage has cast a spotlight on the cracks in Caracas’ strategy for marketing the country’s ultra-heavy crude, which dates back to the 1980s.
Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.
MHI Vestas has confirmed a deal to supply 1,140 MW of turbines for the UK’s Seagreen offshore.