Latest Stories
Poland says Koreans should build its second nuclear power plant
Government now talking about building three nuclear power plants, with two reactors each.
Ukraine to receive energy equipment as Russian attacks on infrastructure cause GDP decline
Ukraine’s allies will send the war-torn country 954 pieces of energy equipment as Russia continues to wreak havoc on Ukrainian infrastructure, Ukraine Business News reported on November 1.
Edo state governor urges local processing of oil and gas
The governor of Nigeria's Edo state has encouraged oil and gas producers working in the state to process their output in local facilities rather than sending them elsewhere.
Tanzania optimistic about signing HGA for LNG project in December, energy minister says
Tanzania’s Energy Minister January Makamba says his country’s government is still on track to sign a final host government agreement (HGA) on a $30bn LNG project in December.
APT may be able to launch Ntorya gas production early despite drilling delays
ARA Petroleum Tanzania Ltd (APT), the operator of the Ruvuma block in southern Tanzania, is looking to launch production at the Ntorya gas field almost a year ahead of schedule despite drilling delays.
Iranian state reportedly sells stake in petrochemical producer PGPIC for privatisation record 1.1 trillion rial
Shell teaming up with Egyptian partners to offer LNG bunkering for Suez traffic
Shell (UK) is looking to work with several Egyptian companies to establish an LNG bunkering hub to serve ships transiting the Suez Canal.
South Africa’s SOE Eskom receives first positive ratings outlook from Moody’s in 15 years
Services giants beat third-quarter profit forecasts
Oilfield services giants SLB, Halliburton and Baker Hughes beat analyst forecasts with their third-quarter profits, buoyed by a pick-up in drilling activity.
Nigeria oil earnings continue to plummet
Venezuela reportedly allowing IOCs that forego debts to quit JVs with PdVSA
Venezuelan authorities are permitting IOCs to exit JVs with PdVSA without any penalties in light of the US sanctions regime, on the condition that they forego payment for past debts and unpaid dividends.
New Fortress Energy set to expand gas business in Mexico under final agreements with CFE
New Fortress Energy (US) will expand its natural gas business in Mexico by finalising three agreements signed earlier this year with CFE, the national power provider.
Finance minister reports Trinidad and Tobago’s oil and gas tax revenues up
Colm Imbert, the finance minister of Trinidad and Tobago, said on October 26 that the government had collected far more tax revenue from the oil and gas industry than projected during Fiscal Year 2022.
Ecuador’s energy minister resigns as charges of corruption circulate
Ecuador’s Energy Minister Xavier Vera resigned from his position last week after the public prosecutor's office conducted a raid on his office, along with two of his residences.
Latvian-Estonian wind farm location confirmed
Novatek still eyes Vietnamese LNG market
UK officially bans Russian LNG
Transnistria threatens to cut off Moldova's electricity supplies
Moldova has failed to sign a contract with MoldGRES in separatist Transnistria, leaving the country short of power and facing blackouts.
Follow us online