Latest Stories

Five countries seek delay for EU petrol and diesel ban

29 June 2022

Italy, Portugal, Slovakia, Bulgaria and Romania are seeking to push back by five years EU proposals to slap a ban on selling new petrol and diesel cars from 2035.

Staatsolie chief keen on upcoming bidding rounds

29 June 2022

Annand Jagesar, the managing director of Suriname’s NOC Staatsolie, says his company is looking forward to offering additional shallow- and deepwater blocks to foreign investors over the next year.

Arctic in meltdown

29 June 2022

The Arctic is now heating up seven times faster than the rest of the world, with the region’s ice in danger of melting completely by 2050.

Majority of Scirocco Energy shareholders back sale of Tanzanian stake to Wentworth Resources

29 June 2022

A majority of AIM-listed Scirocco Energy's shareholders have voted to approve the planned sale of a 25% stake in Ruvuma, a natural gas-bearing block in southern Tanzania, to UK-based Wentworth Resources.

EXPLAINER: how a price cap on Russian oil might work

29 June 2022

Europe is scrambling to find alternatives to Russian crude oil, natural gas and coal. But the fact remains that despite recent cuts in the amount that the EU buys from Russia, Moscow’s revenues from hydrocarbon exports still surged 40% this year.

Czech energy company CEZ switches away from Russian nuclear fuel

29 June 2022

CEZ signs contract with US nuclear power technology company Westinghouse and French Framatome.

Romania reports new gas from Black Sea, expects 90% gas self-sufficiency

29 June 2022

Energy minister says Black Sea Oil and Gas’ Midia development will boost self-sufficiency, as Europe tries to end dependence on Russian gas.