Latest Stories

Argentina to resume subsidies that benefit Vaca Muerta blocks

23 June 2020

Argentina has decided to resume payments on a subsidy programme designed to support production at a number of natural gas blocks in the giant Vaca Muerta shale formation.

Iranian rial drops to weakest ever level versus dollar

22 June 2020

As currency hits 200,000 threshold, officials reportedly warning exporters to bring their hard currency earnings home.

Renergen, Total team up for LNG marketing and distribution programme

22 June 2020

South Africa’s Renergen is working with a subsidiary of France’s Total on the marketing and distribution of LNG.

Sasol objects to reports of overstated recoverable costs in Mozambique

22 June 2020

South Africa’s Sasol has denied claims that it significantly overstated its recoverable costs for projects in Mozambique.

Ethiopia reports fuel consumption levels down because of pandemic

22 June 2020

The head of the Ethiopian Petroleum Supply Enterprise (EPSE) noted last week that domestic petroleum product consumption had declined significantly as a result of the coronavirus pandemic.