Latest Stories

Mauritius to finish soliciting expressions of interest for LNG-to-power project this week

13 June 2022

The Central Electricity Board (CEB) of Mauritius will wrap up the process of accepting expressions of interest for an LNG-to-power contract this week.

Shell reportedly accepted bids for SPDC stake from 2 Nigerian firms on June 10

13 June 2022

Two Nigerian companies, ND Western Ltd and Heirs Oil and Gas Ltd, were expected to submit final offers to Shell (UK) for a 30% stake in the SPDC joint venture by the due date of June 10.

ANPG notes TotalEnergies’ FID on Phase 3 development of CLOV

13 June 2022

Angola’s ANPG said on June 10 that France’s TotalEnergies had made a final investment decision on Phase 3 development at the CLOV oilfields at Block 17.

TotalEnergies launches biodiversity programme linked to Ugandan oil project

13 June 2022

TotalEnergies has launched a biodiversity programme that aims to conserve sensitive ecosystems in and around the Murchison Falls Conservation Area in Uganda.

Germany supports Ukraine's full integration into ENTSO-E, will provide €22mn in loans and €3.5mn for equipment repairs

12 June 2022

Germany supports Ukraine's full integration into the European Network of Transmission System Operators (ENTSO-E) and will provide millions of euros to Ukrenergo, Interfax-Ukraine reported on June 9.

Hibiscus stops paying Sabah state tax

11 June 2022

Malaysia’s Hibiscus Petroleum said this week that its Repsol Oil & Gas Malaysia subsidiary had elected to stop paying a state sales tax imposed by the government of Sabah.

UN stresses green issues are key to reducing poverty and boosting sustainability

11 June 2022

#bneGREEN: #UN stresses #green issues are key to reducing poverty and boosting #sustainability

Australia grapples with worsening gas shortage

11 June 2022

Australia’s new government has pledged to tackle a worsening gas shortage, which has considerable implications for the country’s LNG industry.

New Zealand industry group welcomes Beach’s drilling plans

11 June 2022

New Zealand industry group Energy Resources Aotearoa has welcomed Beach Energy’s plans for a potential second phase of development at the offshore Kupe natural gas field.

SPR release takes a toll on Canadian crude

11 June 2022

Releases from the US Strategic Petroleum Reserve mean that the Gulf Coast is dealing with a glut of heavy crude and that appetite for Canadian oil is reduced.

Desert Peak Minerals, Falcon Minerals merge to form Sitio Royalties

11 June 2022

Denver-headquartered Desert Peak Minerals announced this week that it had successfully merged with New York-based Falcon Minerals to form Sitio Royalties.

Callon raises capex amid high oil prices, rising costs

11 June 2022

Houston-headquartered Callon Petroleum has joined a number of exploration and production companies in raising its capital expenditure budget.

US launches $8bn programme for clean hydrogen hubs

11 June 2022

The US Department of Energy (DoE) released a notice of intent on June 6 to fund the Bipartisan Infrastructure Law’s $8bn programme to develop clean hydrogen hubs (H2Hubs) across the country.

Devon to acquire RimRock’s Williston assets for $865mn

11 June 2022

Devon Energy has announced this week that it has agreed to acquire RimRock Oil and Gas’ Williston Basin assets in North Dakota for $865mn in cash.