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Canadian rail strike brought to an end
A tentative agreement has brought a week-long rail strike to an end, allowing crude shipments – among others – on Canadian National Railway trains to resume.
Kazakhstan rejects $1.1bn offer to settle Karachaganak dispute
Giant Kashagan oil field’s output more than halves due to unexpected maintenance works
Kazakhstan delays big oil, airline and telecoms IPOs again
Officials act amid market uncertainty after hired advisers say they should wait on valuations to improve.
Ukraine pledges to store Russian gas in underground facilities since January 1 until transit documents signed
Russia's oil major Rosneft said to ask for new state support
Russia's Lukoil oil majors delivers record-high cash flow in 3Q19
Bosnia’s Brod refinery to start operations in mid-2020, regional energy minister says
Mitsui, Gulf Energy to invest in 2.5-GW gas-fired plant in Thailand
India’s Avaada Energy receives $15mn of DFI equity funding
MHI Vestas wins 220-MW offshore wind turbine in Japan
Record fall predicted for global coal generation
New research forecasts falling global coal-fired generation in 2019, as declining output in the EU and US outpaces expansion in Asia
Regal eyes Ukrainian production licences
Regal owns 100% of MEX-GOL and SV, which span a combined 269 square km and are operated as a single development. The developer acquired a 100% stake in the VAS field, which covers 33.2 square km, in July 2016.
Kazakhstan rejects Karachaganak settlement offer
Kazakhstan has walked away from a $1.1bn offer the Karachaganak development consortium made in October 2018 in the hope of settling a long-running profit-sharing dispute.
KazMunayGas’s Atyrau petrochemical complex is half finished
Kazakhstan’s state-owned KazMunayGas is reportedly on track to finish half of the construction work on its petrochemical complex in the western region of Atyrau.
Putin vows to keep working with OPEC on supply cuts
Russian President Vladimir Putin has said his country will continue working with OPEC to reduce oil production in order to balance the international oil market.
Rosatom rolls out the small modular reactor: a mini-nuclear power station to solve some big problems
Time is running out for the planet. Next year is a crunch year when CO2 emissions must peak if we are to avoid an ecological disaster. Nuclear power is one of the few options we have. So Rosatom is rolling out small modular reactor (SMR).
Naftogaz open to new deal with Gazprom
Ukraine’s state-owned Naftogaz has said it is open to reaching a new natural gas supply and transit contract with Russia’s state-run Gazprom.
Senegal discusses gas-to-power plans
Senegal’s Petroleum and Energy Minister Mahamadou Makhtar Cisse said last week that his country was keen to use its offshore reserves of natural gas as fuel for electricity generation.
Sonatrach sees pipeline gas sales sinking, spot LNG sales rising
Sonatrach, Algeria’s national oil company (NOC), anticipates a sharp drop in natural gas sales this year.
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