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Kazakhstan: Authorities declare state of emergency over Caspian
Officials have tried to ignore the situation for years, but appear to have been spurred into action by the president.
Williams on track with two gas pipeline projects
US midstream player Williams is on track to complete two natural gas pipeline projects in New Jersey and Louisiana on time by the end of 2024.
Pipeline competition heats up in Canada
As the Trans Mountain expansion prepares to start up, Enbridge has warned that the new pipeline could reduce flows on its own Mainline system and has cut rates for shipping crude on the system
India’s Pachpadra / Barmer refinery a potential game-changer in the north
The chief minister of the Indian state of Rajasthan, Ashok Gehlot, last week said the “Pachpadra Refinery is an ambitious project not only for Rajasthan but for the whole country,” referring to the combined refinery and petrochemical complex.
ExxonMobil hits new milestone with Nucor CCS agreement
ExxonMobil Low Carbon Solutions has announced its latest carbon capture and storage (CCS) agreement, with major North American steel producer Nucor.
APAC oil and gas producers at risk of losing financing
Oil and gas firms operating in the Asia-Pacific region are likely to encounter greater challenges in securing financing for their new projects, according to a recent study conducted by the Institute for Energy Economics and Financial Analysis (IEEFA)
Japan’s MOL agrees to invest in Delfin FLNG
Floating LNG developer Delfin Midstream has reached a strategic investment agreement with Mitsui OSK Lines (MOL). Under the agreement, MOL will make an investment in Delfin and appoint a representative to join Delfin's board of directors.
Asia-Pacific-focused Jadestone seeks $85mn in financing
Asia-Pacific-focused Jadestone Energy has announced its plan to secure a minimum of $85mn in financing, consisting of a $50mn equity fundraise and a $35mn standby working capital facility.
Passage of US debt ceiling bill heralds changes to energy permitting
The Fiscal Responsibility Act of 2023, or the debt ceiling deal, has become law in the US. It includes provisions that will expedite the permitting process for certain energy projects.
Japan sets new hydrogen targets with $107bn investment over 15 years
With a revision to its 2017 Basic Hydrogen Strategy, the Japanese government has committed the equivalent of $107bn for investment in the country’s burgeoning hydrogen production industry over the next 15 years.
Chinese links to Iran raise eyebrows on oil markets
Late May saw the authorities in China move to sign a number of new deals with Iran, seemingly ignoring US objections to Russia having done the same a week prior when Moscow signed 10 deals of its own related to Tehran’s oil and gas sectors.
ConocoPhillips to develop Nuna project in Alaska
ConocoPhillips Alaska has announced the approval of funding for the development of the Nuna project in the state’s Kuparuk River Unit (KRU).
bneGREEN: Ferries of the future
Shipyards and ferry operators in the Baltic and Adriatic are starting the transition to electro-mobility — but technical challenges still have to be overcome.
Top 100 foreign companies still working in Russia see profits soar by half in 2022 to $13bn
The top 100 foreign companies still working in Russia from "unfriendly" countries saw profits soar in 2022, up 54% to RUB1.1 trillion ($13.3bn). The top three companies accounted for half of all those profits.
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