Latest Stories

Absurd maritime deal between Turkey and Libyans ignores presence of Crete says Greece

29 November 2019

Agreement set to further complicate disputes between Ankara and regional neighbours over rights to East Mediterranean energy resources.

Maersk wins UK tow and mooring installation contract

28 November 2019

Maersk Supply Service has been awarded a contract for an integrated tow and installation project for an FPSO in the North Sea.

Germany’s rising gas demand attracts exporters

28 November 2019

German’s gas demand is growing, and exporters of the fuel – both by pipeline and as LNG – are increasingly targeting the country.

Maduro: Caracas will back petro with 30mn barrels of oil from inventories

28 November 2019

Venezuelan President Nicolas Maduro said last week that his government was using 30mn barrels of crude oil from its inventories to back the petro, its new crypto-currency unit.

BPTT comments on prospects for directing gas from BHP fields to Atlantic LNG

28 November 2019

BP Trinidad & Tobago (BPTT) has expressed interest in the possibility of working with BHP (Australia) to find new sources of feedstock for Atlantic LNG.

UK examines North Sea decommissioning progress

28 November 2019

The UK still has a long way to go with the decommissioning of its oil and gas infrastructure in the North Sea.

Peru LNG reports exports up year on year in October

28 November 2019

Peru LNG, a consortium that operates a gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes rise year on year in the month of October.

PetroTal says its second horizontal well in Peru is on schedule, within budget

28 November 2019

Canada’s PetroTal has reported that the drilling of its second horizontal well at Bretaña, a field in Peru, is proceeding as anticipated.

Elengy, Rubis team up on French LNG storage facility

28 November 2019

France’s Elengy and Rubis Terminal have signed a memorandum of understanding on launching preliminary studies on the construction of an LNG storage facility to meet local retail demand for the fuel.

Qatar delays NFE award, expands LNG production plan

28 November 2019

Despite delays at its North Field Expansion project, Qatar has increased its LNG production outlook as a result of positive results from recent drilling and appraisal work at the field.

Amendments to Bolivian gas contract could save YPF $300mn in 2019

28 November 2019

Argentina’s national oil company (NOC) YPF is reportedly set to reduce its bill for natural gas imports by $300mn this year and may succeed in doing the same next year.

Ecopetrol subsidiary to buy 43% stakes in two gas fields from Chevron

28 November 2019

The US major Chevron has arranged to sell its minority stakes in two mature natural gas fields to Hocol, a subsidiary of Colombia’s national oil company (NOC) Ecopetrol.

Mozambique LNG to receive $400mn loan from AfDB

28 November 2019

The African Development Bank has approved a $400mn long-term senior loan to support the Mozambique LNG project, which is being developed by a consortium led by France’s Total.