Latest Stories

Transnistria threatens to cut off Moldova's electricity supplies

1 November 2022

Moldova has failed to sign a contract with MoldGRES in separatist Transnistria, leaving the country short of power and facing blackouts.

Green energy arm of Israeli BIG Holding announces new projects in Bosnia and Romania

1 November 2022

BIG Energia Holdings aims to become a leading renewable energy player in Eastern Europe and the Balkans.

Petrobras, QatarEnergy report sizeable oil find at Sépia field

31 October 2022

Brazil’s national oil company Petrobras and its partner QatarEnergy reported on October 31 that they had discovered crude oil in 4-BRSA-1386D-RJS, a well drilled at the Sépia field in the Santos basin.

QatarEnergy makes ConocoPhillips its final foreign partner in NFS project

31 October 2022

QatarEnergy has named ConocoPhillips (US) as its third and last foreign partner in the North Field South (NFS) expansion project.

Eni, ExxonMobil confirm that Coral Sul FLNG is turning out LNG offshore Mozambique

31 October 2022

Two members of the Coral South LNG consortium have confirmed that the Coral Sul FLNG is processing gas from the Coral field offshore Mozambique and is on track to load its first export cargo soon.

Hess sees cost of Uaru project topping $10bn

31 October 2022

John Rielly, CFO of the US independent Hess, said last week that his company expected the total cost of Uaru, the fifth development project at the Stabroek block offshore Guyana, to exceed $10bn.

Nigeria to open bidding for seven oil and gas licences

31 October 2022

Nigeria is to open bidding for deep offshore oil and gas licences for the first time in 15 years, Bloomberg has reported.