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UK approves more North Sea decomm plans
Golden Pass LNG files for capacity expansion as cargo cancellations bite US exporters
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.
Falling costs make renewables competitive with coal
With solar PV costs falling 92% since 2010, renewables are now more and more competitive than coal.
Serbia to invest €900mn to improve environmental safety of thermal plants, energy minister says
EDF, China Energy Investment finalise 502-MW Dongtai offshore wind deal
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 announces 496-MW Saint Brieuc turbine order
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.
NNPC seeks to reduce production costs
Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has identified reduced production costs as one of his company’s priorities.
Turkey’s electricity consumption collapses 17% in May
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 launches marginal field bidding round after 10-year delay
Nigeria’s Department of Petroleum Resources (DPR) revealed on June 1 that it had launched a new round of bidding for marginal fields.
Mexico’s Libre Abordo bankrupt, says Venezuela ended oil-for-food deal
Libre Abordo, the Mexico-based company involved in a controversial oil-for-water agreement with Venezuela, has declared bankruptcy.
Colombian oil transport firms to extend reduced pipeline charges
State-controlled oil transportation companies in Colombia have agreed to extend previously offered reductions in pipeline charges amidst persistently low oil prices.
Coronavirus cases spread among Brazil’s offshore oil producers
At least six oil companies have now registered cases of coronavirus infection among their employees or contractors working at facilities offshore Brazil.
Petrobras takes steps to give independent producers access to gas plants
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.
Golar LNG reveals outlook for projects in Africa, South America
Bermuda-registered Golar LNG has issued an update on its activities related to projects in Africa and South America.
Fire casts shadow on Venezuela’s Orimulsion strategy for heavy crude
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.
NRG: Some forward momentum, but overall restraint
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.
Turkey’s energy regulator warns of price ceiling for fuel retailers if they fail to lower prices
Russia nears OPEC+ oil output goal in May
MHI Vestas to supply turbines to SSE Energy’s Seagreen wind farms
MHI Vestas has confirmed a deal to supply 1,140 MW of turbines for the UK’s Seagreen offshore.
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