Latest Stories

Japan misses chance to cut emissions ahead of COP26

1 April 2020

Japan has failed to commit to more emissions reductions in its NDC, while insisting it is on course to meet its 2030 commitments

Brazilian offshore gas operators need joint infrastructure, ANP says

1 April 2020

Brazil’s state oil and gas regulator ANP has said that domestic operators need to develop joint solutions to extract natural gas in offshore areas.

Latin refining demand evaporates on coronavirus pandemic

1 April 2020

Demand for petroleum products across Latin America is reportedly drying up as the coronavirus pandemic spreads through the region.

Pestilence and paper-pushers

1 April 2020

The coronavirus outbreak is putting pressure on Uganda’s fuel market, and Kenyan tax claims have the potential to make the situation worse.

Nigeria instructs offshore platform operators to reduce staff levels

31 March 2020

Nigeria’s Department of Petroleum Resources (DPR) has ordered oil and gas producers to reduce staff complements at their offshore drilling platforms.

Tower Resources declares force majeure on Cameroon project

31 March 2020

UK-based Tower Resources has declared force majeure on its operations at the Thali licence area offshore Cameroon.

S&P revises Mexico, Pemex ratings as coronavirus spreads

31 March 2020

The US-based credit ratings agency S&P Global has downgraded Mexico’s credit rating, citing concerns about the impact of the coronavirus pandemic and falling crude oil prices on the country’s economy and on the national oil company (NOC) Pemex.

Petrobras cuts oil production by 200,000 bpd on pandemic

31 March 2020

Brazil’s state-run oil and gas major Petrobras has said that it intends to cut crude production by 200,000 barrels per day.

Pandemic stymies agreement on financing for Sangomar project

31 March 2020

The coronavirus outbreak is hindering efforts to secure financing for the development of the Sangomar block offshore Senegal.

Liberia’s Conex buys downstream assets from Total in West Africa

30 March 2020

France’s Total has arranged to sell its petroleum product marketing operations and assets in Liberia and Sierra Leone to Conex Oil & Gas Holdings, a Liberian-owned company.

Governor of Rivers State rejects NLNG’s request for exemption from lockdown

30 March 2020

The government of Nigeria’s Rivers State has rejected a request from Nigeria LNG (NLNG) and several other companies involved in the natural gas sector for an exemption from the lockdown regime imposed last week.